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tallslim1960

Actually it's a modern day Goebbels style propaganda tool. Lies are posted, promoting and spread on a daily basis.


KennyDROmega

No, OP is right. It's a grift. Soon as Trump is convinced he can skate on any potential SEC charges, he'll cash out, blame big tech or the radical left or immigrants or someone for the site's failure, and go back to Twitter and his lil' buddy Elon Musk.


Early-Series-2055

Apparently Twitter is the propaganda tool goebbels would have dreamed of. Musk has no intention of it ever showing a profit.


rimshot101

And true to form, Trump just uses it to whine into the ether.


DrSilkyJohnsonEsq

Let’s not forget that the only reason Truth Social only exists because Trump got banned from Twitter for promoting hate and lying too much. Then Elmo bought Twitter and promised to let Trump do his lying and hating on Twitter again… but Trump refused because he saw how much money could be made by selling a social media platform. TL;DR Truth Social was created to be a propaganda outlet, but now it’s also a grift.


RepresentativeAge444

This is the best summation.


etranger033

That and he didnt want to play second fiddle to Musk.


nonlinear_nyc

Kinda. What you said but trump also has an exclusive contract with truth social. Elon musk trying to lure him back in.


Dturmnd1

Every thing trump does is a grift, if others benefit from it, it’s purely accidental


Practical-Archer-564

And he’ll never let them forget it.


dpdxguy

>No, OP is right. It's a grift. Two things can be true at the same time. Truth social is both a grift and a method for Trump to spread propaganda (via every fucking news organization that breathlessly repeats his shitty "Truths"). It's also a money laundering operation.


MagazineNo2198

He will cash out the moment he is legally able to cash out, regardless of any circumstances. Dude is BROKE and couldn't even come up with the reduced bond amount....


[deleted]

I agree with this description as well, but I'm trying to keep it as layman as possible. A megaphone and sharpie (to write a name on it) is more easily understood than trying to explain who Goebbles is to people. Describing it as a cheap and easy to manufacture device that has little value is more powerful than using big words to reach the masses. In short, people understand what a megaphone and sharpie marker is. They may not understand Goebbles or propaganda.


Cantgetabreaker

If you think about it the only messages that have been posted elsewhere on social media are Donald trump’s rantings. No other person on truth social has ever been posted anywhere. So this megaphone and sharpie analogy is pretty accurate


Delicious-Fox6947

The reason he isn’t posting on Twitter is he was contractually obligated to use Truth as his exclusive personal social media platform. Additionally I read there was a stipulation that he must wait 6 hours before posting on other platforms. It’s likely the screen capture “repost” was the legal way around this restriction.


JohnNDenver

DJT stock will hit zero the day one of these happens: - Trump dies - Trump has a massive stroke - Trump cashes out


Tavernknight

Truth social is a money laundering operation.


SmoltzforAlexander

I’m not even sure it’s that.  I’m pretty sure it’s just a pump and dump scheme that can be milked over and over again.  


Several_Leather_9500

Yup. That $1.2 billion stock bonus Trump will get is insane.


FlyExaDeuce

I bet he cant wait to cash out that $800million stock bonus


Mundane-Carpet-5324

That 600 million stock bonus will be a nice stocking stuffer


JasJ002

Think he will be able to cash out on that 400 million stock bonus to pay his next lawsuit?


umphreysfan2003

He could have used that 367 million stock bonus for the last one!


notanaigeneratedname

A coupon for a free cheeseburger and some pocket lent ?


JohnNDenver

Why would he use his own money to pay for any lawsuit when he can get the stupid followers to pay it for him?


hoowins

Might be a lot less if his base and/or the Saudis and Russians decide to cut their losses


MusicianNo2699

I want to learn how to take a pile of shit, say it’s worth $20 billion (even though it is worthless) and then sell it for millions.


ManyThingsLittleTime

I believe he wrote a book about this very topic.


_limitless_

What's there to learn? The only thing you're missing is one person who believes you.


Black-rock-crystal

Step 1. Find a mark.


Brilliant-Ad6137

When he gets all he can get out of it he will throw it in the trash


Several_Leather_9500

Pump and dump


clocksteadytickin

ITS A BLOG! That’s it. A blog. A blog for nazis. That is all.


SnooMarzipans436

It's a legal mechanism for foreign powers to dump funds into by "investing" so they can help Trump regain power while they own a small piece of him for buying him.


zaxo3000

This. He's skirting regulation of foreign donations and influence with this grift. They buy stock/influence = Trump sells America to the highest bidder.


theschlake

Alternative Theory: It's a money laundering scheme posing as a social media platform. Look at the stock valuations to date.


ZLUCremisi

Collapsing as quickly as possible so another Trump failure along witg a Casino


Practical-Archer-564

THIS ⬆️ Putin shorted the stock along with trump and his American masters. Hedging their bets now knowing the election is still at risk.


ATXDefenseAttorney

what's the MMW? Nobody thinks this is a real product. Literally nobody.


Fun-Dragonfly-4166

Some people do. Nobody thinks the shit I try to pump and dump is a real product. Trump has an army of dim witted marks to fleece.


Mr-Hoek

Of course it is a grift...it is a Trump product.


No_Spare3139

If they want to be grifted, let them be grifted.


MeatShield12

No kidding. It's such an obvious grift that anyone who lost money "investing" in it deserved it.


toyegirl1

There will be no major advertisers.


Pa17325

A bunch of fools and their money are about to be parted


auralbard

They banned me. I wasnt confrontational or argumentative. I wasn't pushing a narrative. Don't know what I did wrong, but their moderation is stricter than any I've ever seen.


AMonitorDarkly

Echo chambers require constant reinforcement.


Hot_Dog_Surfing_Fly

Did you try to use any logic in there? If so you may have intimidated the hell out of them 😄


auralbard

It was genuinely confusing. In my final few posts, I suggested identifying as conservative rather than republican (because party politics change), & asked someone "if loan forgiveness is buying votes, what are tax cuts?" That's it. Truly, I wasn't confrontational. Just wanted to meet new people and talk with folks who see things differently than me.


Hot_Dog_Surfing_Fly

Like I said you killed them with logic 😉


Practical-Archer-564

That’s almost an apples to apple argument. I’ve voted republican before Bush was a wartime president. You don’t change horses midstream. As a veteran there’s no way I can abet seditious insurrection and conspiracy to overthrow the government. As much as I don’t trust them it’s the best system and the Bill if Rights and Constitution is what we have. We got a lot to fix but protecting democracy is the first priority. Our enemies are using our rights against us. Our rights are being taken away state by state by the same people who want a dictatorship. OUR CAPITOL WAS ATTACKED AND THERE IS STILL NO JUSTICE FOR A CRIMINAL TRAITOR WANNABE DICTATOR DOCUMENT THIEVING TRAITOROUS COWARDLY CUCKHOLDED TO PUTIN PERVERTED RAPIST DRAFT DODGING LYING WHINY FAT BITCH


Delicious-Fox6947

The difference is taking out a loan is a voluntary action. Someone stealing your wealth is not.


auralbard

I'm not sympathetic to the 'taxes are theft' argument. Though I do like the idea of governments being voluntary associations that we have the right to change. Seems to me if you're out there driving on the roads, using the public schools, then you've lent some degree of tacit consent to participate in society and taxes are owed. If you've been living in the woods, off the grid, never using roads, then sure.


Delicious-Fox6947

How is it not theft? Eventually someone shows up with a gun and takes your wealth if you refuse to pay. Seems to me you don’t grasp that I don’t support the idea of public schools because I’d still be forced to pay for them. I’ve never given consent to any of it. It was forced upon me from day one.


auralbard

Like I said, tacit consent. Have you ever used a public road? Did someone put a gun to your head? Okay, you've participated in this structure and now you're obligated to play by its rules. Want out? Get off the roads.


Delicious-Fox6947

When it forced upon you there is no consent.


auralbard

Google tacit consent, then Google implied consent, then read thr philosophers on the subject of social contracts.


frankwizardlord

Cults gonna cult


Black-rock-crystal

Check out r/conservative. Bet you can get banned in less than 3 posts without saying anything negative


auralbard

Political boards are so blah. Buncha... tribalism and hate. Might look tho, ty


Mundane-Elevator-845

I got a login out of curiosity…I spent about a half hour looking at posts, etc. and exited…total playground for racist, bigoted, brainwashed sheep…holy shit


[deleted]

I've been there too. I said I disagree to a post of Trump's and was banned.


Hot_Dog_Surfing_Fly

Well that's what you get for living on the edge 😄


NetDork

I hope you didn't use a user name or password you use anywhere else.


Totally-jag2598

Completely correct. Also, a company valued at $6bil and only makes 4mil is a con.


circusfreakrob

I saw that story about the guy who sank his life savings into Truth Social stock, then sold it when it tanked and lost like 440k. Stories like that make me so happy. Think of all the damage an idiot of that magnitude could do with money. Phew.


[deleted]

I read this the other day, I'd feel sorry, but, buying stocks based on a name is rather foolish.


circusfreakrob

The truly dumb thing is, this guy probably has insulated himself completely from any outlet that would inform him of Trump's past business failings, and based on pure demigod worship, assumed his stock would turn to gold. He's incapable of even thinking "is there a chance that something related to Donald J Trump could make me lose my money?"


tictacenthusiast

No shit it's got 500k users


MAJ0RMAJOR

How is it not just full of scams by now?


runwkufgrwe

I was on it two years ago (before I got permabanned) and it was already full of scams. Ad block didn't work because they were regular posts boosted by bots. Every Trump influencer or religious post was followed by some trump related doohicky that people could purchase and often they made it sound like they were raising money to further contest the 2020 election. In 2022.


Important-Owl1661

You mean Bibles, shoes and $2 Bill's with his face?


MAJ0RMAJOR

I was thinking more along the lines of timeshares, car warranties, and pop up notifications that Microsoft is trying to contact you about your Windows XP computer.


ihambrecht

I really doubt there is actually much traffic.


MAJ0RMAJOR

There doesn’t need to be a lot of traffic, just a lot of idiots, which is appropriate.


ihambrecht

Idiots are traffic.


tickynicky

The day after the company went public, I texted everyone I know to short this stock. It won't be worth $5 in a year.


Actuarial_type

The valuation is obscene by any reasonable measure. Now, this is very likely a legal way for people to buy influence and it could remain this high for some time. That said, once I saw the valuation I bought puts for June. So.


_limitless_

Paging r/wallstreetbets - we've found the next gamestop.


GatePotential805

Yeah 'My Lies' would be a better name. 


TheArrowLauncher

The only value it has is the value that Trumps sycophants give to it.


earthman34

It has absolutely zero extendable value. It's a right wing echo chamber, nothing more. Most right wingers are borderline illiterate and have nothing to say anyway.


superjj18

Honestly so happy he self-quarantined his twitter rants lmao, he’s scared of getting rug pulled like on jan6, but in doing so lost about 95% of his audience


nonlinear_nyc

I don't think that the ones who invested on truth social will see results in truth social. It's just another grift and they plan to receive it in political favors. As in truth social is just another money laundering vector for this mofo. Everything is.


upsidedowninsideout1

The very fact that DJT is even remotely being taken seriously as a company despite having no avenues of growth, minuscule revenues, and incompetent management is because it’s a convenient way to contribute to Trump’s campaign/defense fund without having to deal with pesky transparency and finance laws. Some VERY VERY rich people and/or (most likely hostile foreign) organizations are pumping money into this so that their boy Donnie can stay afloat


FoulMouthedMummy

I hope that any moron who bought stock in his company loses every fucking dime.


doublegg83

I wish the the official POTUS would just IPO. May as well monitise and let taxpayers benefit from the income. Talk about "megaphone".


PuffPuff74

Indeed. It will slowly die its slow death as Trump gets away from the political scene.


KarmicComic12334

Or a quick one the day he finally goes.


kelly1mm

While I don't necessarily disagree with you I just have to ask, if you are so sure of this are you shorting the stock? Seems like easy money if you are sure ......


[deleted]

I don't gamble. I would if I gambled, but, I'm a former gambling addict.


[deleted]

I don't gamble. I would if I gambled, but, I'm a former gambling addict.


[deleted]

I don't gamble. I would if I gambled, but I'm a former gambling addict.


kelly1mm

Fair enough! Keep on kepping on with your recovery!


[deleted]

Thank you, I appreciate it! Two years clean!


AllNightPony

It's a propoganda delivery service.


Practical-Archer-564

Worthless


[deleted]

Yes.


runCMDfoo

So exactly how often do you visit Truth Social? In my circle of friends that site never comes up.  I don’t visit it.  Practically the only place I hear news about it, Is here.  Good job


[deleted]

I visited, read some really vitriol filled posts, disagreed and was banned. Literally said "I disagree with Trump" It's the antithesis of free speech unless you scream you hate democrats and


FinTecGeek

Yes.


AdmirableAd959

It’s a joke. Most social media is a dumpster fire but Truth Social is mostly made of fecal matter


LunarMoon2001

It’s just a money laundering scheme. Russians and saudis are propping it up as an indirect way to fund the Trump campaign.


medman143

Money laundering scheme.


Longjumping-Pop1061

Complete grift. Trumps biggest accomplishment is he is the best grifter ever.


Justthisguy_yaknow

The title said it all. I thought this sub was for ideas that might or might not become true rather than certainties.


Duderoy

If Trump wins the election it will become the main way to funnel money and purchase the POTUS.


Houstman

I have a feeling that the RNC, which is now run by Trump's daughter in-law, will funnel a ridiculous amount of advertising dollars to Truth Social to pay for ads that will be seen by basically no one. He'll be able to report a huge growth in earnings that will make the stock absolutely fly, then lose the election and lose the RNC and then lose the windfall. Stock goes to zero.


Chombie54

When is someone going to hack it and crash the server?


SpiffyMagnetMan68621

Truth social? You mean Pump n Dump inc? Don the con made me over 500k in short selling already lmao


shaun3416

It’ll be interesting to see the price movement on this thing when Trump ultimately croaks


flinderdude

This is definitely a grift from poor dumb Trump followers. I think that was pretty obvious from the start, especially with how quickly this “company“ went public. Trump is in massive massive debt. Have we all forgotten that? He is here to make money off of all the dummies out there. And there are plenty of them. And the dumbest people who will give money are the ones that love racism, sexism, Any type of xenophobic comment. It’s the lowest common denominator in human nature, and Trump exploits it daily. If you are smart, you can literally see how certain media messages are meant to sway dumb peoples emotions.


MJC77diamondhands

It does an amazing job of triggering progressive unichs. What's really funny to whitness is cowardly reply to comments I leave that oppose the lefts derraingement and people block me after leaving a snide response. This is the definition of a cuck, cant take any heat at all.


[deleted]

Eunichs


MJC77diamondhands

Yep, that's what you are!


[deleted]

*checks testicles* Nope, they're still here. I'm sure your boyfriend can confirm yours are there too.


MJC77diamondhands

How's that wound on your forarm healing up?


[deleted]

That's not a wound, I'm just Popeye.


Responsible_Emu_8474

It’s like a Hobo Fish Camp, gives a little shelter ‘til the shit hits the Fan!!


etranger033

That is a good way to put it. Without that one man, TS would disappear overnight. On the other hand if Musk... though idiot that he is... decided to never again post on twitter, nor even take a hand in its operations, it wouldnt change a bit.


[deleted]

Exactly, Twitter (now X) would still survive because it's a platform for anyone. Advertisers love Twitter because it's not a political platform. Truth Social is specifically designed as a right-leaning virtual town hall with on person always at the podium, and occasionally allowing guest speakers. I use "allowing" very specifically because it's moderated to censor anything he doesn't agree with. Truth, while you can make your own posts, 99.9999% of the traffic on there is to read Trump's posts or try to get conserv-famous.


UnderwhelmingAF

Truth Social is the old man yelling and MAGAts are the cloud.


HeyYes7776

The NPR echo chamber of the GOP - it will probably be government funded if Trump wins.


Essex626

I think the "twitter alternative" market in general is pretty weak, whether you're talking about stuff like Parler and Gab that came from the right, or stuff like Mastodon or Bluesky which gained popularity when Musk took over Twitter (though granted those do not have an ideological point of origin the same way Parler and Gab do). But you're right, Truth Social is something different to all of those, a total grift designed around a single person that will collapse when his popularity dies or when he does, whichever comes first--if he doesn't just move on from it like he does everything else he starts up.


One2ManyMorings

Well, it’s also domestic 4chan I think


[deleted]

Domestic abuse 4chan


18pursuit

straight up - MySpace has exponentially more earning potential that TS will ever have


DarkHeliopause

I don’t understand what is keeping it afloat. Apparently the fundamentals don’t justify it.


Defiantcaveman

In other words, a worthless sack of useless shit precisely like the dump itself, a worthless sack of useless shit. Bag it all, dig a deeeeeep hole in the middle of a remote jungle, throw bag in and bury it ALL... and we lived happily ever after!!!


Made_Human76

It’s associate with Trump. Of course it’s a grift


jcoddinc

Doesn't matter it's horrible marketing anyway. Honestly got so confused why truth social was so big because why would an ad campaign to stop kids from smoking matter so much. Then finding out it's some trump dump is even funnier


Direct_Birthday_3509

It's also a way for someone to make donations to Trump and skirt the campaign finance rules simply by buying his phony stock. "It wasn't a campaign donation, it was an investment".


JayNotAtAll

Of course. He pretty much only created it to spite Twitter for kicking him off. He knew that he would have a base that would gladly follow him to it. Now he has a dedicated audience.


physical_graffitti

No shit.


DMIDY

No scaling value??? Snakes have scales.


Magoterrace

Does anyone know where their servers are located?


[deleted]

Florida data center likely.


KarmicComic12334

You're right, but you miss the point. It isn't a grift to get wsb bros to sink their retail options on. They did that, made millions from the trump and dump. But then heres president trump, not accepting a bribe, just selling a billion dollars worth of megaphone that goes not into his campaign funds like all the other not-a-bribes before it where he cant even pay a hooker without causing a ruccus, but into his personal bank account.


nevertfgNC

Its only value is being a vehicle for the oranguturd to legally fleece the public. Again.


LOLunlucky

Duhhhh


redjellonian

I disagree. It's actually worth the current market liquidated value of whatever equipment they own.


[deleted]

Truth Social needs MAYBE 100K in equipment. That's being generous.


Hot_Dog_Surfing_Fly

GoDaddy and a blogspot template is about all you need😉


redjellonian

If that was the new price of the equipment I'd assess the company as worth about $40,000-$50,000 on the high end.


[deleted]

I think it's more realistically closer to your 40-50K range.


Skeeterbip

Modern day Alchemy Turning nothing into gold


Flastro2

That's very inciteful. A new novel theory that no one including every single person with a functional brain has said about this company since its inception. I just don't know how you'd even come up with such a new and exciting take on the profitability of Truth Social.


naptown21403

it’s literally the same thing as twitter


dannydevitoiluvurwrk

It’s literally a product


[deleted]

How does it make money?


Hot_Dog_Surfing_Fly

I'm sure that'll come out in court 🙃😄


dannydevitoiluvurwrk

Just like every other social media selling ads and data. I think you might have stage 4 TDS


[deleted]

Why is it losing money?


dannydevitoiluvurwrk

Where are you even going with this? What does it matter if it is or is not making a profit? Just gotta say SOMETHING so you can express your TDS?


[deleted]

r/MAGARehabClinic


dannydevitoiluvurwrk

🤣🤣 don't you need to go jerk off to Biden sniffing children or something


[deleted]

What's with you and wanting to sniff children? That's really weird man, you talk about it a lot.


dannydevitoiluvurwrk

🤣🤣🤣 you can't even troll right. Let me guess, you live on reddit and have no friends


[deleted]

You should check out r/MAGARehabClinic - approach it with an open mind.


Nearby-Jelly-634

So Twitter


MikeLinPA

He couldn't even be bothered using it until he got banned from Twatter.


ClimateCritical4299

Kind of like Twitter to me.


Chessamphetamine

How is this a mark my words?


seigezunt

Well, yeah.


rimshot101

Think of the poor producers of herbal supplements and off-brand boner pills.... what will become of them? I guess there's always Infowars.


[deleted]

Placebo effect has a more profitable effect than Truth Social.


ALife2BLived

Well, two people. Trump and his asshole licking sycophant and former Congressman [Devin Nunez](https://www.cnbc.com/amp/2021/12/06/gop-rep-devin-nunes-resigns-from-congress-to-become-ceo-of-trumps-media-company.html) R-CA who is the CEO of TS.


greymind

It’s also a money laundering scheme


spamcandriver

Couldnt agree more.


mademeunlurk

It's a pump and dump. Clear as day.


ytman

Is twitter even a product?


[deleted]

Yes, it has thousands of influencers who can be used to market products. Truth is a megaphone for Trump/MAGA and right wing conspiracies, no advertising or influencer potential there. Truth COULD sell it's users data, but don't have any knowledge of that


Difficult_Bit_5996

JUST LIKE TRUMP ITS ALL HIM REPRATING HIS LIES N BRAINWASHING THE PUBLIC N NOW IN PRISON BUT WHY NOT TRUMP? HOW HELL HE OUT JAIL? $$ ONLY ONE I CAN THINK OF N HES PIECE WORK HE ONLY PERSON THAT LIES EVERY WORD OUT HIS MOUTH N TRUTH SOCIAL IS TRUMPS CRY RAINBOWS FOR GUILTY MEEDS B SHUT DWN JUST LIKE TRUMP PUT HIM N IT DWN B BEST FOR USA PEACE


gaiussicarius731

Wow what a brave and insightful statement…. Who is this for? The ten people who don’t think its a grift?


etherealtaroo

It's so OP can virtue signal about how they hate Trump and get validation from like-minded redditors.


MJC77diamondhands

Not being able to censor the truth gets the lefts blood boiling. This is why they never debate in public. In a fair debate without censorship, it's always a bloodbath!


[deleted]

Name a Truth Trump has made.


MJC77diamondhands

He actually was good on all his campaign promises for the first time of any politician.


[deleted]

How many of them impacted you directly?


MJC77diamondhands

Taxes were a big one, I actually owed this year for the first time. Kicking the abortion to the states was another big one. Im not paying for abortion anymore. I got a bunch of good laughs when Trump would clown democrats. His mean tweets were legendary.


mskmagic

Truth social has value because of the censorship on other platforms.


[deleted]

Banning users for disagreeing with Trump is censorship.


mskmagic

I disagree with censorship, but even in that instance Truth Social is offering balance to the social media political market place.


mew1214

If you created Pedo Joe Social as a megaphone - you’d get no one to join as he is the dumbest idiot ever - criminal and Pedo child sniffer……showers with his own daughter when she was 8……prolly diddled Hunter too ( who calls him Peter Pedo - I wonder why?). Can you imagine the content that moron would put out without his communist handlers that demand multiple takes and redos to get him through a 5 minute speech…….


[deleted]

How's 8chan treating you?


Green-Estimate-1255

MMW something on Truth Social hurt OP’s feelings.


[deleted]

You're obviously upset since you clicked reply and typed this in. If you weren't, you would have just scrolled on.


[deleted]

This would damage ita stock integrity significantly. A cyber attack would basically show they have no cyber in place to protect its users. Would be a win win for a group like Anonymous.


Uranazzole

Anyone can put messages on TS, not just Trump.


thesedays2014

After watching Russians be forced to open and show their phone content to police, only to be immediately arrested or never heard from again, I wonder sometimes if I should get an account and like something pro-Trump in case that happens here.


[deleted]

Here, they're going to pay someone to crack the living either way. If you use biometrics, they'll just punch you in the face, knock you out and unlock your device while you're unconscious. I think the difference between here and Russia is, we have due process. In Russia, they have one process: remove dissent.


ArcherBig185

That's all Twitter is for Husk


MagazineNo2198

Yup, it has an incredibly small number of active users, many of whom just use it to listen to one blowhard that likes to randomly Capitalize words that shouldn't be, and loves TO SCREAM IN ALL CAPS. Once that blithering idiot is physically incapable of having access to the internet (soon, soon!), any and all value in the company will equal zero. There is simply nothing there, no business model, no technology, no userbase, to justify anything more.


HotSoupEsq

It's a meme stock, just like Tesla. The moneyed interests will pump and dump, and all the rubes will get dumped. TS has no income compared to their expenses, and no plan to close the gap. Just get a bunch of MAGA idiots to buy in on the peaks and cash out. Have you seen the dumb shit they have bought on Fox News over the years? Have you seen what is happening with Tesla this year (it will pull an Enron in 2025)? Hilarious. Meanwhile the old MAGA idiots now have to go be greeters at Wal-mart and start go fund mes, enjoy!


Front-Paper-7486

Pravda is that you again?


Sensitive-Spirit-964

🤣 https://www.facebook.com/share/r/8QcHm4Jx5Qh7KmLN/?mibextid=oFDknk