Hmmm.... As it turns out, we can all laugh at Trump over this.
And he is laughing at us alllll the way to the bank.
As it turns out, despite everyone goofing on him all day yesterday and even Bannon questioning the decision to do this, Trump has made “a tidy sum.”
The “collection” has 45,000 NFTs in it.
They cost $99 to mint.
The entire run sold out this morning in less than 24 hours.
You do the math.
What’s that I hear? Actually, it’s “what’s that I don’t hear?”
I think the laughter just stopped. I know mine did when I read the above information.
Why does a “billionaire” former president need to embarrass himself to pick up a spare $4.5 million?
Likely, some rando fanboi sold it to as, “Hey, you just sit there and let us use your brand to make a couple million in a few hours.”
Rich people don’t get rich by saying no to free money.
Let us consider:
While we’re all goofing on Trump The NFT Huckster, he moved product.
Crap product.
Product with no actual value. That doesn’t actually exist as anything other than a few lines of computer commands.
Does anyone think Tim Scott or Glenn Youngkin or Ron DeSantis could sell $4.5 million worth of cartoons depicting themselves shooting lasers out of their eyes, or wearing a yarmulke at the wailing wall, or showing off pretend 8-pack abs and a codpiece - in 12 hours?
Do you think there exists, anywhere in America, someone who would plunk down $100k to buy a thousand of these from DeSantis?
I do not.
Yes, people want to believe the Trump NFTs are a jump-the-shark moment. That would be great.
But really - is this any more embarrassing or self-abasing than Trump U, or Trump Steaks, or Trump Wine, or anything else the huckster has pushed?
Comparing those Sharper Image ads for Trump Steaks to yesterday’s Major Announcement should answer the question for you.
The major lesson of 2016 was that intensity of support matters.
Wide support is important, but narrower support can overcome that if it’s deep enough.
Not always. Not in every contest. But in enough that it can’t be discounted.
All the headlines recently have been how Trump is outperformed in a hypothetical primary by Ron DeSantis.
Do you think if Ron DeSantis of all people thinks it’s safe enough to challenge Trump in a primary that there are not other people who will have come to a similar conclusion?
The “dog that didn’t bark” in all those stories is that while the DeSantis support varies from poll to poll, the Trump support is very similar in all of them: 40 to 42% - just like it was in 2016. Just like it was in all the polls while he was in office. Just like it was in the 2020 polls. Just like it’s been in all the polls since he left office.
How did he win in 2016, when he never had more than 40-42% support in the primaries?
He won because that other 60% wasn’t going to one opponent - it went to ten of them, and then to eight, and then to five, and then to three. And then there weren’t any other opponents.
Last time I checked (I could be wrong here), Republican primaries are still winner take all. Unlike Democratic primaries that apportion delegates.
My point here isn’t that Trump can’t lose. The intensity of his support was far greater than Biden’s in 2020 and he got beat like a drum.
The point is that when intensity crosses a certain threshold, then the nature of the support changes. It moves into a different category; it behaves differently.
It sells 45,000 digital cartoons that embarrass even Steve Bannon, at a time when the market for NFTs and anything else “crypto” is falling off the nearest cliff.
You watch. Those randos at Free Republic I quoted yesterday? It’ll be interesting to check on them next March.
I’ll consider Trump no longer a threat when I get to look in the open casket and see that it’s really him in there.
I’ll consider Trumpism no longer a threat when the last Trump voter dies.
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42% of America.....Regardless of Trump no country can be successful with that much of the population being unable to think!
Did they really sell out? Or was that Trump's face-saving way to stop the embarrassing headlines? And the price-tag of the "negative PR value" to Trump was about $1 billion, so he is in the hole by $995,500,000. Not a good trade off.
Also, Twitter has lots of people saying things like, "I bought one and they sent it to my "wallet." What's my wallet?" If you have to ask, "What's my wallet?", you have no business buying an NFT (or owning a smartphone).