Dennis Rodman has arrived in Singapore, and the MSM is all over it, but what is Rodman actually doing there? Here’s more…
A couple of months back we reported on the problem with celebrity ICOs:
That’s because professional boxer Floyd Mayweather and rapper DJ Khaled, the two faces of said cryptocurrency, never actually intended for their little tech scheme to blossom into actual returns for those who trusted their empty rhetoric on social media. It was all just a ploy to get fans to part with their cash, and now the U.S. Securities and Exchange Commission (SEC) is getting involved by pressing charges against this latest example of cryptocurrency fraud.
Reports explain that the SEC recently charged Sohrab “Sam” Sharma and Robert Farkas, co-founders of the company known as Centra Tech Inc., for violating certain anti-fraud and registration provisions contained within U.S. securities laws. The Feds say Sharm and Farkas masterminded the fraudulent initial coin offering, or ICO, that Mayweather and Khaled have been hawking, and further broke the law by selling these unregistered investments through a so-called “CTR Token.”
Now, I’m not saying that Dennis Rodman is pumping crypto in some sort of illegal way, but I do find it interesting when he arrives in Singapore that he’s sporting a shirt with Potcoin plain as day (picture from CNN) on the front:
Which begs the question, is Rodman there in the interest of world peace or is he there to pump a coin called “Potcoin”?
Here’s a little bit of Dennis Rodman giving a shout out to Potcoin last year (June, 2017):
You would think a five time NBA champion wouldn’t need a sponsor?
But I digress.
What exactly is Dennis Rodman’s mission, except free press coverage to pump a crypto?
The White House has given us the agenda, and I’m hard pressed to find Dennis Rodman’s name on it.
And no, Dennis is not part of the “official” delegation.
But according to Rodman, he is part of it:
More from Dennis Rodman’s arrival in Singapore: “I’m just happy to be a part of it because I think I deserve it, I think I brought awareness on a lot of things around the world, and I think North Korea has given a lot of people the opportunity to do this conference now.” pic.twitter.com/xhxyQ12Pd3
— Meg Wagner (@megwagner) June 11, 2018
So which is it?
Because to me it looks like a big celebrity commercial for a cryptocurrency under the guise of attending a peace summit, which he won’t actually be attending.
Please excuse me if I’m confused.
I found his mission:
Thanks to my loyal sponsors from @potcoin and my team at @Prince_Mrketing , I will be flying to Singapore for the historical Summit. I’ll give whatever support is needed to my friends, @realDonaldTrump and Marshall Kim Jong Un. pic.twitter.com/QGPZ8nPrBE
— Dennis Rodman (@dennisrodman) June 8, 2018
His mission is “to give whatever support is needed”.
Well Dennis, you might be sitting on the bench during this one, because the entire summit will last exactly 11 hours.
And speculation is circulating that the U.S. may be cutting the summit shorter than that, which isn’t a good thing for world peace.
But, hey, the shirt looks great:
Just arrived to Singapore for the Historical Summit! Looking forward to @POTUS having incredible success that the whole world will benefit by. Thank you @potcoin for supporting my mission! #Peace #Love #HistoricalSummit #Singapore #PresidentTrump #MarshallKimJongUn pic.twitter.com/XNDsyBjLv8
— Dennis Rodman (@dennisrodman) June 11, 2018
Can’t say the same about the one year Potcoin chart:
But there has been a bump over the last couple of days:
Although it’s fading fast.
Down nearly 30% since Friday.
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.