Kara Swisher on Truth Social: ‘It’s a Scam, It’s a Meme Stock ... Just a Ponzi Scheme’

EXCERPT:

SWISHER: “It's not a business. There's no business here. There's zero business. It doesn't have any advertising business. It doesn't have any revenue prospects. It has costs, I assume, and it's just a way to funnel money to Donald Trump. It's a scam. It's an absolute positive -- just, it's a meme stock is what it is. And so people will buy it either to funnel money to him because he might be president or it's just a game that people are playing like GameStop. GameStop wasn't worth what it was worth, it just is people decide to -- anything's worth when people decide to pay for it. So I -- so I guess it's worth that. It's just that's what people are paying for it, it's not worth it. But people are paying for it. And so there's no prospect of this making money. It's just don't even -- why are we even bothering to pretend. It's not. It's a -- it's a -- it's a -- it's a -- it's just a Ponzi scheme.”