Why Trump's Truth Social is an Absolute Ponzi Scheme

►Subscribe to Mediaite: https://bit.ly/3MjuECB In an insightful discussion on "Press Club" with Mediaite's Aidan McLaughlin, tech journalist Kara Swisher bluntly describes Donald Trump's "Truth Social" as a scam with no genuine business model, drawing parallels to meme stocks like GameStop. She criticizes the platform for lacking revenue prospects and essentially serving as a money funnel to Trump, highlighting its economic implausibility and likening it to a Ponzi scheme supported by MAGA enthusiasts. Welcome to Mediaite, THE site for news and opinion on the intersection of media and politics. Join Mediaite+ https://www.mediaite.com/subscribe/ ► Website: https://www.mediaite.com/ ► Instagram: https://www.instagram.com/mediaite/ ► X (Twitter): https://twitter.com/mediaite ► Threads: https://www.threads.net/@mediaite ► Facebook: https://www.facebook.com/mediaite #donaldtrumpnews #truthsocial #karaswisher #dwac #djt