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this post was submitted on 04 May 2024
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AKA: useful idiots.
There might be some limited value to politicians, but not anything like the current valuation.
I mean, politicians run their own mailing lists, have lists of people to contact already, and there are already political forums out there.
At least some of it is retail investors who politically believe in Trump, don't have any idea what they're doing, and are getting sold a pretty terrible deal. My understanding is that there's been some discussion over the high proportion of retail investors involved.
He might walk away with a lot of their money, but I gotta believe that that's gonna hurt his presidential campaign. If you plow a bunch of your life savings into the guy and he walks off with them, you may not be feeling too friendly towards him afterwards.
Those would be the same as the normal audience for "truth" social.
I'm sure that there's substantial overlap between the "user" and "investor" groups.