Digital World Acquisition Corp (DWAC)

[jrs5]

Addressing common FUD - Understanding actual risk and nonsensical Fear Uncertainty and Doubt
I know many reading this will get very emotional both long and short and will look for any reason to make this sound bigger or smaller or impossible or dumb. There's also many people who do not want this to happen for their own personal benefits. So here's some common things that are said and a general counter to it.
FUD: "*The merger might fail or get blocked resulting in this going bad."*Counter: SPACs don't fail for the reasons described or eluded to by the outlets. u/independence_hall has a great post "The SEC and FINRA DO NOT have the legal authority or power to block the DWAC/TMTG merger" please see his post history and read it. He did the leg work and debunked this. It's almost a zero chance of happening.
FUD: "People won't want to advertise there"
Counter: There will be direct monetization outside of ads (see TMTG+ section) also Companies will have to go where people are advertising with their attention and dollars. It's easy for companies to dissociate from where their ads are located when the free market forces their hand. "Our ads are located in places that do not represent our beliefs as a company, we are solely interested in providing business to our customers despite their personal identities" " see it's not that hard to find work arounds for minor problems like this. Content creators will likely be supporting each other as well with a cut going to the host (much like Twitch, web3.0 etc.)
FUD: "Trump doesn't know what he's doing he can't even open email"Counter: Trump just got over a billion in PIPE funding (largest in SPAC history). There's plenty of well paid people with the right background on the company. Trump is largely here for traction, which is the primary issue all social media companies face.