Mark Cuban Warns Trump's $499 Gold Phone Could Be a Crypto Setup—And That's Just the Beginning!
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Billionaire entrepreneur Mark Cuban has shared an intriguing theory regarding the Trump family's latest product—the $499 “T1” Trump Phone. Cuban asserts that the phone's purpose extends beyond mere communication. Following the reveal by Donald Trump Jr. and Eric Trump, Cuban expressed on X that this device could serve as a vessel for cryptocurrency gains.
Cuban suggested a possible strategy to incorporate a crypto wallet that utilizes World Liberty Financial (WLF) and associated stablecoins, emphasizing that transactions could yield fees for the Trump family.
Set to launch in August, the T1 phone, allegedly designed and manufactured in the United States, faces scrutiny. Experts, including Purism CEO Todd Weaver, highlighted its striking resemblance to existing Chinese-made devices, questioning the feasibility of their claims.
While marketed as a patriotic alternative overshadowing mainstream options, Cuban hints at potential revenue through integrated wallets. This isn't the family's first crypto-related venture, with prior successes like the $TRUMP meme coin and plans for a bitcoin ETF signaling their continuous foray into Web3.
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