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Daniel Smith-Rowsey
11.2K posts

Daniel Smith-Rowsey
@smithrowsey
Content writer for tech companies, short-film-maker, college instructor, author (books from Bloomsbury and Palgrave MacMillan). Creator of THE SHEEP TEST
Moraga, CA Katılım Nisan 2013
1.1K Takip Edilen1K Takipçiler

@nunya88788772 @brockm Agree
Also, look for the word “tariff” on your photo (spoiler: it isn’t there) (second spoiler: it was never on his 2024 website)
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The bottom is actively falling out of the Trump Administration. I know people think this is hopeum. But I think I’ve been pretty clear-eyed in making calls over the past year—including accurately predicting this crisis. And the pattern is clear: The SS Trump is taking on water, and the ship is starting to list to starboard.
I know people instinctively refuse to believe this because Trump has survived every other insane crisis. But mark my words: he will not politically survive this one. GOP members of the House and Senate will turn on him. It’s already happening.
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@DanielR33187703 @Microinteracti1 They’ll blame any consequences on liberals
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@Microinteracti1 Very well said. Somehow Carney saw this coming over a year ago. I am quite sure that MAGA do not understand or care how much the USA's soft power has slid because of Trump. They certainly won't understand the consequences.
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USA – Just Another Country Every Ally Gone. Every Bridge Burned.
For decades, the alliance had a problem member. Everyone knew it. The country that invaded Iraq on a lie, tanked the global economy in 2008, and elected its own demolition crew in 2016 and again in 2025. The others adjusted. Covered for it. Kept showing up. You don't abandon a friend just because he occasionally drives into a ditch. You wait until he drives into yours.
Then Trump made it simple. The friend who had always been difficult had finally done something unforgivable. The room went quiet. And then everyone moved on.
America was never strong alone. It was strong because it sat at the center of the most sophisticated network of power ever assembled. British diplomats carrying influence into Canberra and Wellington. French connections opening doors across Africa and the Middle East. Norwegian and Greek shipping moving a third of the world's cargo. German engineering. Japanese capital. South Korean semiconductors. Canadian stability. Australian intelligence. Dutch and Belgian ports as the gateway to 750 million consumers. Danish and Italian naval presence across two seas.
Every one of them a multiplier, lifting Washington into rooms it could never have entered alone. It was not one football team. It was hundreds of teams, running the same plays, on every field, simultaneously. Trump dismantled it the way a bored child dismantles a Lego set. Not to build something else. Just to watch the pieces fall.
What is left is 340 million people staring across the Pacific at 1.4 billion. China did not need to do anything during the Iran war. It watched. It waited. It took notes. While Washington burned its relationships one by one, Beijing made calls, signed deals, and let the silence do the work. Silence, it turns out, is a remarkably effective foreign policy.
The allies are not mourning. They are discovering something they perhaps always suspected: that Washington was often the ceiling, not the floor. The ally that needed managing. The friend whose chaos you had to absorb before you could get anything done. Turns out the meeting goes faster when he's not in the room.
Canadian Prime Minister Mark Carney said it plainly: "The old relationship we had with the United States is over. It's clear the US is no longer a reliable partner." At Davos he told world leaders the scaffold of American power was being abandoned. "Friends," he said, "it is time for companies and countries to take their signs down."
Germany said the war had nothing to do with NATO. France blocked arms flights. Spain closed its airspace. Italy denied landing rights. Poland kept its missile batteries home. Kallas delivered the European verdict: "This is not Europe's war. No one wants to actively get involved." Which, translated from diplomat into English, means: absolutely not.
Starmer condemned "regime change from the skies." Sanchez accused Washington of playing "Russian roulette with the destiny of millions." Macron said: "When we want to be serious, we don't say each day the opposite of what we said the day before." Coming from a Frenchman, that is essentially a controlled demolition.
These are the countries that sent their sons to the Gulf in 1991. That stood in line at NATO headquarters on September 12, 2001. They know what the alliance was. They have decided, with remarkable calm, that they are better off without the version currently on offer.
This is what it looks like when an alliance leaves one of its own members behind.
Professor Robert Pape put the result plainly: "Iran is far stronger than it was 40 days ago. It is in control of 20 percent of the world's oil. It is now an emerging fourth center of power." Washington went to war to prevent exactly this outcome. It succeeded, just not in the way it intended.
One country launched a war alone, begged Pakistan to broker peace talks, and came home empty-handed.
French Senator Claude Malhuret said it on the floor of the French Senate, viewed millions of times across the world: "Washington has become Nero's court, with an incendiary emperor, submissive courtiers and a buffoon on ketamine in charge of purging the civil service." Americans flooded his inbox asking why it had to be a French politician to say what nobody in Washington would.
A year later he corrected himself. Nero's court was too dignified. "I was wrong. It is the Court of Miracles." A medieval Parisian slum where criminals and thieves pretended to be something they were not. He listed the cabinet: an anti-vaxxer and former heroin addict as Secretary of Health, a climate denier running environmental policy, an alcoholic television host handed the world's most powerful military, a Qatari lobbyist as Attorney General, a Putin admirer as National Security Advisor. Then he cited a Turkish proverb: "When a clown moves into a palace, he does not become king. The palace becomes a circus."
Nero fiddled while Rome burned. Trump had Truth Social and a golf cart. He posted images of himself as Jesus on Easter Sunday, then deleted them before breakfast. Threatened to erase "a whole civilization," then teed off by Monday morning. At least Nero stayed in Rome.
A country so institutionally broken that it took a French senator to say out loud what every American already knew. Congress watched. The Republicans said nothing, because nothing pays better than silence. The Democrats couldn't find their spine. The entire apparatus of the world's oldest democracy stood on the sidelines while one man helped himself to powers the constitution told him he couldn't have.
Either everyone in that building has decided this is perfectly fine. Or they've concluded it's already too late.
Either way, the word for that is not democracy.
The White House became the circus.
Gandalv / @Microinteracti1

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@CinemaTweets1 The absence of JERRY MAGUIRE from this list will never ever ever and I mean EVER make sense
Keep Jerry in theaters until the list includes it. That’s the only sensible course of action

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@CinemaTweets1 It’s not you, brother, but whoever made this clip cut off the very beginning when he says “hello”
How can he have her at hello without hello?
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@scottderrickson @ATRightMovies Spielberg has said that he regrets what “Jaws” did for/to sharks
I wonder if DeNiro, Schrader, and Scorsese feel similarly about validating lone gunmen (not just Hinckley) and, by extension, half the attitude on this website.
DeNiro, for one, is working hard on countering
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@ATRightMovies Taxi Driver. End of discussion.
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@danielweberdlc @BogataTimar When DJT dies, not only will you stop defending Putin puppets, you will also pretend you never did
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@BogataTimar We'll see what kind of person he is and whether Hungary stays Hungarian or just turns into another EU slave state.
Given the fact that no less that Barack Obama is cheering his election I'm giving you zero chance.
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@GodsBurnt If this is true
What sort of previous precedent do you have that shows that DJT will spread the windfall around to ordinary Americans, instead of keeping any profits for himself and his rich friends?
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Nobody is talking about the 4d chess game Trump is actually playing...
This was never about nuclear weapons, it was never about regime change, and it was never about democracy in Iran.
It was always about making the world dependent on American energy.
20% of the world's oil flows through the Strait of Hormuz.
Whoever controls that Strait controls the price of energy for the entire planet.
Trump just blockaded it.
Think about what that means..
Every country that needs oil has to come to America now.
Not Iran.
Not OPEC.
Not Russia.
America.
This isn't a war.
This is the largest energy power grab in human history dressed up as a conflict.
When the "war" is over, America controls the straight, and everyone is dependent on US oil, we will see an economic BOOM like we've never seen before.
Ignore the fear and the FUD, we are about to get filthy rich.
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@MeidasTouch @DavidPoland Funny how this thread is the exact same thread that would exist on Bluesky
Not one MAGAt is jumping in here to defend this particular atrocity.
Apparently, even MAGA’s favorite podcasters, with hours to kill each week, refuse to touch this one 🤣
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Daniel Smith-Rowsey retweetledi

The Trump family launched "World Liberty Financial" and told the world it would revolutionize finance, bank the unbanked, and bring the power of decentralized money to ordinary people. Two years later, the token is down 82% from its peak, regular depositors have been locked out of their own funds, the company sold nearly half of itself to a foreign government's investment arm days before the president took office, and the Trump family has already cashed out tens of millions in real money while retail investors hold worthless bags. This is the full story. Every word of it is documented. None of it is disputed. And almost none of it has received the attention it deserves.
It started with a pivot nobody questioned hard enough.
Donald Trump spent years calling Bitcoin a scam. He said crypto was "not money" and was "based on thin air." Then, sometime around 2023, he changed his mind. Not because he studied the technology. Not because he became convinced of its merits. He changed his mind because he saw that the crypto industry had money, that it wanted political cover, and that he could provide that cover in exchange for something valuable. What followed was one of the most brazen examples of a politician monetizing public office in modern American history and it was done entirely in the open, with the full knowledge of the press, the public, and Congress, and almost no consequences whatsoever.
In September 2024, Trump announced World Liberty Financial alongside his sons Eric, Don Jr., and Barron. Barron Trump, who was 18 years old, was listed on the project's official materials as the "DeFi Visionary." Eric and Donald Jr. were listed as "Web3 Ambassadors." Donald Trump Sr. was listed as "Founder Emeritus." The project was co-run day-to-day by Chase Herro, Zachary Folkman, and Zach Witkoff, the son of Steve Witkoff, who simultaneously served as Trump's Special Envoy to the Middle East. The overlap between Trump's diplomatic apparatus and his private crypto business was not hidden. It was right there on the website for anyone to read.
The financial structure was designed to extract maximum value for the family before anyone else saw a penny.
A Trump-controlled entity called DT Marks DEFI LLC was written into the project's foundational documents with the following terms: a stake that was initially 60% of WLF Holdco LLC, later adjusted to 38% as new investors came in; ownership of 22.5 billion WLFI tokens; and an entitlement to collect 75% of all net revenue generated by token sales, including interest earned on reserve assets backing the project's USD1 stablecoin. Read that again. Before a single line of working code was deployed, before a single ordinary investor bought a single token, the Trump family had contractually guaranteed themselves three-quarters of all the money that would ever flow through this project. That is not how legitimate financial innovation works. That is how a toll booth works, except the Trump family built the road and owns the toll booth and sets the toll.
Then came the fundraising. $550 million from ordinary people.
Phase one of the token sale launched in October 2024 and raised approximately $300 million. Phase two followed and raised another $250 million. By March 2025 the total had reached $550 million. The tokens were marketed as governance tokens, meaning holders could vote on certain project decisions, but the voting power of retail holders was negligible given that the Trump family and insiders controlled the overwhelming majority of the supply. The tokens were not securities, according to the project, which conveniently meant they were not subject to the disclosure requirements, investor protections, or oversight mechanisms that apply to securities. Senators Elizabeth Warren and Representative Maxine Waters disagreed and called for investigations. Reports also emerged that WLFI tokens had been sold to individuals linked to sanctioned countries including Iran, North Korea, and Russia, triggering SEC inquiries. The project denied wrongdoing. The inquiries continued.
The biggest single buyer was a man with a pending fraud case against him.
Justin Sun, the Chinese founder of the Tron blockchain, spent at least $75 million buying WLFI tokens, making him the project's largest known individual investor. At the time he was buying, Sun was facing a civil fraud lawsuit from the SEC alleging securities violations, wash trading, and undisclosed celebrity endorsements. In February 2025, shortly after Trump returned to office, the SEC moved to settle that case for $10 million, a fraction of the alleged gains. Democrats on the House Financial Services Committee alleged the settlement represented a pay-to-play arrangement: Sun had invested tens of millions in the president's family business and the president's regulatory agency had made his legal problems go away. The administration denied any connection. The timing was what it was.
Then came the UAE deal. This is where it stops being a crypto story and becomes a national security story.
Four days before Donald Trump's second inauguration, a company backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser and one of the most powerful figures in the Abu Dhabi royal family, quietly signed an agreement to acquire a 49% stake in World Liberty Financial for $500 million, with $187 million paid upfront directly to Trump family entities. The deal was signed by Eric Trump. Two senior officers at companies controlled by Sheikh Tahnoon were given seats on World Liberty's board.
This was reported by the Wall Street Journal and described by legal experts as something genuinely unprecedented in American political history. A foreign government's most senior national security official had purchased nearly half of a company owned by the incoming president of the United States days before that president took office. The Wall Street Journal also reported separately that Sheikh Tahnoon was simultaneously pushing the Trump administration for increased US access to Nvidia AI chips, cutting-edge semiconductor technology that had been subject to national security export restrictions precisely because of concerns about the UAE's relationships with China.
Shortly after Trump returned to power, his administration reversed those restrictions and approved expanded UAE access to Nvidia chips. The administration denied any connection to the WLFI deal. Senator Chris Murphy said explicitly that what the Trump family had done was corruption. The White House called it a coincidence. You are an adult. You can evaluate that explanation yourself.
Then came the scheme that broke ordinary depositors.
Here is how it worked. WLFI created its own stablecoin called USD1, pegged to the US dollar. It also operated WLFI Markets, a lending platform built on a third-party DeFi protocol called Dolomite. Dolomite's co-founder was also an adviser to World Liberty Financial, a fact that will become relevant very shortly.
Beginning in early February 2025, WLFI's treasury began executing a series of transactions that onchain analysts described as circular financing. The treasury deposited its own USD1 stablecoin into Dolomite and borrowed USDC against it. The borrowed funds were immediately moved to Coinbase Prime, an institutional platform typically used to convert crypto into cash or execute large OTC trades. Then, in late February, WLFI deposited 890 million of its own WLFI governance tokens into Dolomite and borrowed more stablecoins against them.
By April 2026 the total position had grown to approximately 5 billion WLFI tokens pledged as collateral, nominally valued at around $440 million, against which WLFI had borrowed approximately $75 million in stablecoins. More than $40 million of the proceeds had been routed to Coinbase Prime. The WLFI token dropped nearly 10% when this was first reported, then another 12% the following day, hitting its lowest price since launch.
The mechanics of why this is dangerous are worth explaining clearly. WLFI used tokens that it controls and can effectively create to borrow real, spendable money. The collateral is only worth what the market says it is worth on any given day and because WLFI tokens are thinly traded, any forced liquidation of that collateral would crash the token's price, which would reduce the value of the collateral further, which would trigger more liquidation, which would crash the price further. This is the exact same death spiral that destroyed FTX and Alameda Research in 2022. Alameda borrowed billions against FTX's own FTT token. When the token price fell, the collateral evaporated and the whole structure collapsed, wiping out billions in ordinary investor funds. The critical difference is that Alameda did it secretly. World Liberty Financial did it on a public blockchain, in full view of anyone who cared to look, and when analysts pointed it out, the project's response was to post a statement on X saying they were "nowhere near liquidation" and that if prices moved against them they would simply "supply more collateral." More of their own tokens. As if the solution to the problem of using a bad asset as collateral is to use more of the same bad asset.
Regular depositors paid the price.
WLFI's borrowing was so aggressive that it pushed Dolomite's USD1 lending pool to approximately 93% utilisation. This meant that ordinary users who had deposited USD1 into Dolomite to earn yield found themselves unable to withdraw their own money. WLFI's treasury position now accounts for roughly 55% of Dolomite's total value locked, meaning one entity controlled by the president's family dominates an entire third-party lending protocol in a way that exposes every other user to the consequences of its decisions. The project called this being an "anchor borrower" that "generates yield for everyone else." The people who couldn't access their savings called it something else.
Then came the sanctioned criminal network connection.
World Liberty Financial partnered with a Southeast Asian blockchain project called AB DAO and announced that its USD1 stablecoin would integrate with the platform. The partnership was announced in November 2025. What WLFI apparently did not know, or did not disclose, was that AB DAO's flagship resort project had until very recently been promoted by individuals who were subsequently sanctioned by both the United States and the United Kingdom for alleged ties to Cambodia's Prince Group. US authorities have described the Prince Group as a major transnational criminal network involved in large-scale fraud. The individuals linked to the resort project were removed from AB DAO's promotional materials following the sanctions, but the history was there in the public record. A Times investigation found that WLFI was unaware of this history despite claiming to have conducted due diligence.
For context: this is a company co-founded by the sons of the President of the United States. The President's own administration imposes the sanctions in question. The President's own Treasury Department maintains the sanctions list that WLFI apparently failed to check before announcing a major business partnership. "We had no idea" is not a defence when you are operating in the name of the most powerful office on earth.
And through all of this, the token kept falling.
WLFI is now down 82% from its all-time high of $0.46 reached in September 2025. The project's treasury spent $65.58 million buying back 435 million tokens at an average price of $0.1507. Those tokens are now worth approximately half what the treasury paid for them. The buyback programme, meant to signal confidence and support the price, is 48% underwater. The people who bought in at the peak, who believed the pitch, who trusted that the President of the United States would not attach his name and his children's names to a project designed to extract their money, are sitting on losses that in many cases exceed 80%.
Meanwhile the Trump family has already moved tens of millions of dollars in real money off the platform via Coinbase Prime. The mechanism worked exactly as it was designed to work. Not for the retail investors. For the family.
This is the part that should make every American angry, regardless of politics.
The President of the United States is simultaneously: regulating the crypto industry from the White House; pushing Congress to pass crypto-friendly legislation; publicly promoting the idea of America as the "crypto capital of the planet"; and personally profiting from a crypto company his family controls, that has raised half a billion dollars from retail investors, that has sold nearly half of itself to a foreign government's investment arm, that has engaged in financial maneuvers directly compared to those that caused the FTX collapse, and that has partnered with entities linked to US-sanctioned criminal networks.
This is not a left-wing talking point. This is a description of documented, public, onchain, reported facts. Every figure cited in this post has been reported by the Wall Street Journal, CoinDesk, Fortune, CNN, the New York Times, and the Times of London. None of it is disputed. All of it is real.
They named it World Liberty Financial.
The liberty was always only for them. The world and the ordinary investors who believed them got the bill.
Share this. Every person who has ever bought crypto, every person who believes in financial accountability, every person who thinks a sitting president should not be running a self-dealing scheme with a foreign government's money while pretending to regulate the same industry deserves to know what is happening here.
This is corruption. And it is happening in plain sight.

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Daniel Smith-Rowsey retweetledi

A single golf trip at his own resort (that he does every week) earns him *twice* as much as Bidens entire 4 year salary.
Every. Single. Week.
Eric Daugherty@EricLDaugh
🚨 JUST IN: President Trump is infuriating the Democrats by CONFIRMING he takes a $0 DOLLAR salary, compared to other presidents He just loves America 🇺🇸🇺🇸
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@MetricReject @smugayanami8083 @FrenlyOfficer I’m a real person with a real life who doesn’t use X for any kind of SEO or likewise
You’re afraid to post with your real name
Enjoy dying alone
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@smithrowsey @smugayanami8083 @FrenlyOfficer 1,022 followers
Joined April 2013
(that's ~7 follows per month)
Looks like a deep sea creature that has decompressed after being brought to the surface
Hyphenated name (your parents didn't love you)
If X were a chess matchmaker you'd be the decade-old account stuck at Elo 300.
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@FrenlyOfficer If you were more than a shitposter, you might have not sexualized her and instead said something like “Her UN movement helped millions, but the Weinstein thing was a bad call.”
But you’re not more than a shitposter. Enjoy dying and being forgotten within a few years

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@smithrowsey Her liaison with Harvey Weinstein was shameful.
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@smugayanami8083 @FrenlyOfficer 81 followers
Joined August 2025
Afraid to post under own name
Made up a ridiculous 8083handle
If X were a posh nightclub you’d be the obese dude with cheeto fingers wearing sweats
Enjoy going back to jerking off to Hermione fan fiction
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@deliverator1988 @ElceePlaysCiv @dccommonsense @PirateOfReason Sounds like my $100 is safe
Real men don’t let other men change who they are, “Ryan.” I don’t change my mind on war or how to talk because a politician told me to. You do. You might want to have your cunt checked out
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@smithrowsey @ElceePlaysCiv @dccommonsense @PirateOfReason You don’t know how negotiations work. Especially with middle eastern autocrats. Did we destroy a civilization? Biden wasn’t capable of doing anything so bold.
“All news sources”. Are you even a man? Your posts reek of low testosterone. I’d get checked out if I were you.
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@deliverator1988 @ElceePlaysCiv @dccommonsense @PirateOfReason And by the way, everyone, everyone except diehard MAGA is against “we will destroy your civilization” threats from our President. All news sources. You if Biden had said it.
In your mind, every criticism of Trump must originate from AOC lovers. The real world is different
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@deliverator1988 @ElceePlaysCiv @dccommonsense @PirateOfReason I don’t need anything from you lol, just says something about your character that your handle is “deliverator1988”
I’ll Venmo you $100 right now if you show me your pre 2025 tweet where you advocate our military eliminating the IRGC. And I’ll know if it’s a real tweet
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@deliverator1988 @ElceePlaysCiv @dccommonsense @PirateOfReason Oh, so if I look through all your years of posts I’m going to find your support of “we will destroy your civilization” style rhetoric before DJT used it?
Yeah, right. Don’t make me laugh
Like all mediocre shitcons, you can’t even use your real name on Twitter
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@smithrowsey @ElceePlaysCiv @dccommonsense @PirateOfReason You don’t know what I supported. Like all mediocre shitlibs you have no theory of mind for your political opponents.
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@Bodittle Holy crap, literally every single scientist (who isn’t paid by Trump) believes that Trump’s hands off approach to COVID in summer 2020 resulted in 100,000+ excess deaths compared to other nations.
You ignore this in favor of a few Oswald-style morons
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@RodThePatriot @ddiamond @daveweigel 1. DJT knocks down the current Statue of Liberty without telling Congress
2. He begins work on this version
3. a federal judge blocks it
4. all the million-follower right-wing accounts tweet that if one renegade judge can stop such projects, we no longer have a country
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@ddiamond @daveweigel Looks familiar. Maybe he should make a replica of himself as the statue of liberty instead.

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