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Melania Trump WTF?!

The Auction Of Melania’s ‘Iconic’ White Hat Results In Totally Humiliating Her

Just like her husband, former First Lady Melania Trump really only cares about one thing: The Almighty Dollar.

Sure, Mel pretends to care about issues such as children and cyber bullying, yet she never criticized the Trump administration’s policy of ripping immigrant infants from their parents and placing them into modern-day concentration camps. And she never once criticized her husband’s constant bullying of others via Twitter that eventually led to him being banned from the social media platform.

Melania was dreaming of big bucks today as the online auction of what is known as her “iconic” white hat was being held, which was reported by USA Today:

The centerpiece of the auction, the custom white hat, which Trump has signed, was created for Trump by her personal stylist, Hervé Pierre, to match the $2,105 white crepe Michael Kors Collection suit Trump wore for the daytime ceremonies at the White House attended by Emmanuel Macron and Brigitte Macron.

However, you can’t actually buy the hat. Instead, you bid on something called nonfungible tokens (NFTs.) What’s an NFT? It’s digital money of a sort:

An NFT is a piece of data verifying that you have ownership of a digital item, such as a piece of artwork. The items can also include a video clip, a tweet and more.  

NFTs are recorded using blockchain technology. A blockchain is a decentralized, digital ledger that tracks transactions of items and assets.  

The hat, along with the other two items, was going for an opening bid of $250,000, which was set by the seller.

But with just a few hours left for people to bid, The Washington Post notes, bidding fell far below the jackpot Melania had been hoping for:

When The Washington Post checked the hat auction exactly two days before its indeterminate ending time (advertised as Tuesday at 11:59 p.m. Pacific time — 2:59 a.m. Wednesday in the East — although a countdown clock on the website ran 24 hours faster than that), the starting bid had dropped to $155,916, and continued to fluctuate around that level. At an earlier point in the 14-day auction, the bids had reached more than $275,000.

Oh, and one other snag the hat auction encountered: Bids could only be made in one specific form of cryptocurrency, the value of which has fallen greatly in recently:

The only cryptocurrency accepted on Trump’s website is Solana (SOL), which has been one of the hardest-hit, falling more than 40 percent over the previous week. The Solana blockchain (a distributed database that stores a secure and decentralized record of digital transactions) also had an outage on Friday and Saturday, further adding to its free fall. Had this auction taken place in December 2021, Trump would have been accepting bids in Solana during a surge in which its value had increased 11,150 percent since the beginning of the year.

Seems there’s one other thing Mel has in common with her husband: They’re both terrible businesspeople who can’t make a buck to save their lives.

Oh well, if things get bad enough, maybe Mrs. Trump can do some more nude photo shoots and see if anyone is desperate enough to pay more than 50 cents to catch a glimpse.

 

By Andrew Bradford

Proud progressive journalist and political adviser living behind enemy lines in Red America.

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