July 1, 2025
Trump Phone Aftermath: Are MAGA ‘Schemes’ Hindering Crypto Progress by Ten Years?
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Trump Phone Aftermath: Are MAGA ‘Schemes’ Hindering Crypto Progress by Ten Years?

Jun 17, 2025

Seeing Trump dropshipping his own non-branded golden phone intended for developing nations makes me wonder if I’m dreaming.

First, there was the botched NON-FUNGIBLE TOKEN rollout, followed by the alleged scam linked to TRUMP ▲0.00%, and now a phone no one wanted while two US-backed conflicts unfold.

Let’s greet the Grifter-in-Chief:

This autumn, Trump’s business ventures will venture into telecommunications with a new phone offering—“The 47 Plan”—alongside a MAGA-themed smartphone priced just under $500.

At this juncture, we should ponder: has Trump’s antics and promotion of crypto memes hindered this sector’s progress by a decade? Would we have been better off under Kamala Harris?

What Does the Trump Phone Offering Entail?

The Trump T1 smartphone certainly lacks subtlety. Adorned with gold accents and emblazoned with the American flag plus “Make America Great Again” on its back, it resembles more of a campaign trophy than an economical Android device. In terms of specs, it stands out: a 6.8-inch AMOLED display, a 50MP camera, 12GB of RAM, and 256GB of storage operating on Android 15. Priced at $499.

Then there’s the “47 Plan,” a nod to his royal status. For $47.45 a month — unbelievable, right? — subscribers gain unlimited talk, text, and data; along with surprising benefits like roadside help and telehealth access.

(TRUMP)

Releasing a MAGA phone while global markets react to war announcement is surreal, yet it highlights a more significant dissonance: everything Trump engages in carries a predatory feeling.

Trump Phone Is Merely One Among Numerous ‘Scams’ Exploiting Political Branding

Crypto now carries the stigma of a Trump and Sell-off operation. It’s shifted from being a countercultural movement for retail investors to just another avenue for the president to profit.

This is why retail investor enthusiasm in crypto is waning, while institutions spearhead the next surge.

Google Searches for “crypto” have dropped nearly 62% since late January.

The meme token, NFTs, golden footwear, and now the smartphone prompt the same inquiry that has lingered over Trump’s presidential brand: where precisely does the businessman conclude and the public servant commence?

To his critics, the belief is that there exists no boundary whatsoever. To his supporters, this represents merely the American dream realized. However, it’s not just the typical Trump adversaries raising concerns anymore. The incessant grift routine makes even rational observers rethink anything associated with him, particularly in the crypto realm.

Every action Trump takes is geared towards profiting from his loyal MAGA supporters, waiting a few days for them to forget, and repeating the cycle.

RIP The United States of America

Beneath the gaudy branding and golden embellishments of every Trump offering is a deeper discussion about ethics, governance, and the intersection of business and politics.

In the meantime, institutions are delving deeper into crypto, yet with each new Trump-branded venture, retail investors appear increasingly likely to remain excluded from this cycle.

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says BTC Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

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Key Takeaways

  • At this point we need to ask ourselves: has Trump’s grifting and shilling crypto memes set this space back 10 years?
  • Google Searches for “crypto” have declined almost 62% since the end of January.

The post Trump Phone Fallout: Are MAGA ‘Scams’ Holding Crypto Back a Decade? appeared first on 99Bitcoins.

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