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Post by Fetzer Zinfandel ♀︎ on May 5, 2024 12:17:12 GMT
Can it? www.politicususa.com/2024/05/03/trump-truth-social-no-users.htmlDonald Trump’s Truth Social media site has just 113,000 users and has seen a 4% drop in users over the past month and 19% this year. It really defies logic. Wall Street is valuing this company at around $9 billion even though it’s losing money, generates almost no revenue, and its user base is very tiny. Now, let’s look at these new numbers 113,000. This is the average number of users on the platforms IOS and Android through the 1st 29 days of April. That’s according to Similar Web. Now, some context, this is down 19% year over year, it’s down 4% month over month. So, moving in the wrong direction now. It’s true. Some other social media companies are also sort of struggling to gain traction, but we’ve actually seen sharper declines for Truth Social, and it remains really, really small. Look at this, we have 34 million users on X the platform formerly known as Twitter. Over 30 million for Reddit, even Threads remains 30 times bigger than Truth Social.
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Post by PaulsLaugh on May 5, 2024 12:50:18 GMT
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Post by Stammerhead on May 5, 2024 12:56:01 GMT
It’s like the scam from The Producers but they haven’t started singing Springtime for Hitler yet.
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Post by NakedHunterBiden on May 5, 2024 12:58:11 GMT
I want to say all of the stock market is struggling right now.
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Post by hugsfromlv426 on May 5, 2024 14:43:03 GMT
I want to say all of the stock market is struggling right now. DJT went up a lot in the past two weeks. Granted it had fallen a lot in the three weeks prior, but still.
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Post by hugsfromlv426 on May 5, 2024 14:43:56 GMT
I don't know how it could be laundering money since it shows no income.
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Post by mikemonger on May 5, 2024 15:07:47 GMT
I don't know how it could be laundering money since it shows no income. All I know about money laundering I learned from Ozark. In the show he was pouring stupid amounts of cash into everything, so apparently it's a thing.
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Post by hugsfromlv426 on May 5, 2024 15:13:17 GMT
I don't know how it could be laundering money since it shows no income. All I know about money laundering I learned from Ozark. In the show he was pouring stupid amounts of cash into everything, so apparently it's a thing. Yeah, the idea is to take illegally earned money (usually cash) and run it through a legit business so it can be spent without raising any red flags. This is all just valuation other than the cash that is in the company from the original sales of stock so I don't see what would be getting laundered.
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Post by abbey1227 on May 5, 2024 15:24:37 GMT
All I know about money laundering I learned from Ozark. In the show he was pouring stupid amounts of cash into everything, so apparently it's a thing. Yeah, the idea is to take illegally earned money (usually cash) and run it through a legit business so it can be spent without raising any red flags. This is all just valuation other than the cash that is in the company from the original sales of stock so I don't see what would be getting laundered.
It's shows like Ozark and Breaking Bad that convince me that most people seem to be able to find money for the things they want to do. But can't ever quite find the funds to do the things they should do.
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Post by merh on May 5, 2024 15:27:27 GMT
All I know about money laundering I learned from Ozark. In the show he was pouring stupid amounts of cash into everything, so apparently it's a thing. Yeah, the idea is to take illegally earned money (usually cash) and run it through a legit business so it can be spent without raising any red flags. This is all just valuation other than the cash that is in the company from the original sales of stock so I don't see what would be getting laundered. Money from Russia & other countries couldn't be laundered?
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Post by hugsfromlv426 on May 5, 2024 15:28:32 GMT
Yeah, the idea is to take illegally earned money (usually cash) and run it through a legit business so it can be spent without raising any red flags. This is all just valuation other than the cash that is in the company from the original sales of stock so I don't see what would be getting laundered.
It's shows like Ozark and Breaking Bad that convince me that most people seem to be able to find money for the things they want to do. But can't ever quite find the funds to do the things they should do.
There is probably a meth-od to the madness.
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Post by hugsfromlv426 on May 5, 2024 15:29:44 GMT
Yeah, the idea is to take illegally earned money (usually cash) and run it through a legit business so it can be spent without raising any red flags. This is all just valuation other than the cash that is in the company from the original sales of stock so I don't see what would be getting laundered. Money from Russia & other countries couldn't be laundered? How? The company is showing very little revenue, so it can't turn back clean money.
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Post by abbey1227 on May 5, 2024 15:31:16 GMT
It's shows like Ozark and Breaking Bad that convince me that most people seem to be able to find money for the things they want to do. But can't ever quite find the funds to do the things they should do.
There is probably a meth-od to the madness.
If only someone would crack the case.
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Post by hugsfromlv426 on May 5, 2024 15:33:04 GMT
There is probably a meth-od to the madness.
If only someone would crack the case.
They need to crank up the investigation, but are just talking smack.
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Post by abbey1227 on May 5, 2024 15:35:55 GMT
If only someone would crack the case.
They need to crank up the investigation, but are just talking smack.
The Govt & DoJ has really gone to pot
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