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This is the closest thread to correct I’ve seen. Only part a bit off is everybody knows I’ve been 100% legal and by the book.
In a nutshell - I’ve done exactly what I’d say do with full transparency every single move. No secret wallets. No making money on side. No lying.
At this point, I don’t think @stoolpresidente is trying to make money.
He’s trying to make a mockery of memecoins and crypto.
He’s discovered an infinite money glitch—he tweets a ticker to his 3.5M followers, it instantly moons, and he does it again.
He’s amused by the hamster wheel of traders blindly following his moves, so he keeps spinning it. He’s now pump & dumped around 15 coins, and people still keep playing along.
Why does it keep working? Perhaps memecoin traders hate boredom. When he tweets, there's activity. So they jump on the coals. A lot is automatic.
Why don’t I think he cares about the money on these pump & dumps? Because he’s not that dumb.
He keeps funneling profits into $JAILSTOOL—imo his personal burn address. He's said that he won't sell til $1bn. It's at $16mn. He’s already bought $700K, just to prove he’s not cashing out.
Every "crypto legal expert" warning him he’s breaking the law just inspires him to do it more. He launched his last coin while quote-tweeting a hater.
It's not investing or even trading. He's even stopped buying tokens and now just creates them and keeps half the supply.
It's social experimentation mixed w a hint of crime and absurdity.