• Everything Wrong With Trump's Crypto Meme Coins

    From JAB@21:1/5 to All on Sun Jan 26 14:50:28 2025
    Here's Everything Wrong With Trump's Crypto Meme Coins

    The Trump family's new crypto meme coins are an ethical disaster and
    ripe for corruption -- and they could cost his supporters dearly
    ...
    ...
    What the heck is the use case for $TRUMP? If this really is a
    collectible, like a baseball card, it is difficult to imagine a
    practical use for $TRUMP other than enjoyment (and you can enjoy the
    image online and the sideshow for free). You can enjoy them and sell
    them to other collectors, but you cannot use them in the economy. You
    could own a $12 million Mickey Mantle card, but you cannot buy a
    cheeseburger with it. What does being the crypto capital of the world
    mean if it is only based on gambling on unregulated internet memes?

    https://www.rollingstone.com/politics/political-commentary/trump-crypto-meme-coins-wrong-1235246237/

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Blueshirt@21:1/5 to JAB on Sun Jan 26 20:54:43 2025
    JAB wrote:

    Here's Everything Wrong With Trump's Crypto Meme Coins

    The Trump family's new crypto meme coins are an ethical
    disaster and ripe for corruption

    Doesn't that describe all crypto?!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Mon Jan 27 10:15:14 2025
    On Sun, 26 Jan 2025, JAB wrote:

    Here's Everything Wrong With Trump's Crypto Meme Coins

    The Trump family's new crypto meme coins are an ethical disaster and
    ripe for corruption -- and they could cost his supporters dearly
    ...
    ...
    What the heck is the use case for $TRUMP? If this really is a
    collectible, like a baseball card, it is difficult to imagine a
    practical use for $TRUMP other than enjoyment (and you can enjoy the
    image online and the sideshow for free). You can enjoy them and sell
    them to other collectors, but you cannot use them in the economy. You
    could own a $12 million Mickey Mantle card, but you cannot buy a
    cheeseburger with it. What does being the crypto capital of the world
    mean if it is only based on gambling on unregulated internet memes?

    https://www.rollingstone.com/politics/political-commentary/trump-crypto-meme-coins-wrong-1235246237/

    Crypto for anything else besides tax evasion, and avoiding currency
    embargos and restrictions, is for homos!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)