• UnderpantsWeevil@lemmy.world
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    1 year ago

    The market cap for Truth Social is $4.5B, which is fucking bananas when you consider that this is a home-rolled Mastadon instance that hasn’t even been patched since 2022.

    I’m not saying Trump is a billionaire, or even a good businessman, but holy shit how crazy is it that people are trading $35/share for something their grandkids could put together over a long weekend of free time?

    • exanime@lemmy.world
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      1 year ago

      I’m not saying Trump is a billionaire, or even a good businessman, but holy shit how crazy is it that people are trading $35/share for something their grandkids could put together over a long weekend of free time?

      I think you are interpreting this wrong… people are paying $35 a share because one of two reasons:

      • they are completely deluded and think of Trump as a literal messiah
      • they think $35 a share for a complete slut that would do anything but with the powers of the US Presidency is a bargain
    • Treczoks@lemmy.world
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      1 year ago

      Well, their grandkids may be able to put it together. They themselves still consider it magic…

    • Cosmic Cleric@lemmy.world
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      1 year ago

      holy shit how crazy is it that people are trading $35/share for something their grandkids could put together over a long weekend of free time?

      When it comes to humans, sometimes they focus more on style, than the substance.

      You’d think they’d be more careful with their money, especially these days when there is so little of it to go around, but no, their favorite star tells them otherwise.