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Parent Post: Anyone getting in on $JProof?
nevertheless
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4/24/2025, 7:58:00 PM
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I don’t know what is preventing jews from using the coin. What is the magic about this one that makes it jproof?
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vortex
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4/24/2025, 9:56:19 PM
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That's a fair question - to be sure, any and everyone can technically buy the coin. I'm no expert on Crypto either, so my understanding may be incomplete - However, as the available volume is purchased (last I heard less than 1% was still freefloating or whatever that is called), it goes from widely available to supply shock mode where that which is available is only from those in the system, so the price goes up as it's only available if you convince 'one of us' to sell with a price that's higher. So in order for the J's or others to buy is to pay much more, thus disincentivizing them to screw with this coin because the available volume is so small and the price is too high to screw with, and if they do, it's us who reaps the proceeds instead of some other blood sucking system (ie - banks or whatnot). Typically with these coins the owner/creator owns a large portion, 50+% and once the price starts to go up, that person can rug pull and extract all the money. Stew Peters however, presuming one believes him, isn't going to do that. If you know Stew Peters, you likely are fairly confident taking him at his word, as I am. As he owns 80+% of the volume and wont sell, people who don't want to take part but instead want to try to manipulate will find it cost prohibitive to do so. Stew does a better job explaining it all though, probably worth going to his Rumble and watching.
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nevertheless
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4/25/2025, 12:33:20 AM
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People trusted Trump and he rugged them. Repeatedly. And they still trust him.
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vortex
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4/25/2025, 1:27:35 PM
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Yup, easier to deceive someone than to convince them that they were previously deceived. One just requires them to believe something, the other requires them to accept that they were previously wrong and need to reassess how they decide to trust.
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