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Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: JAB <here@is.invalid> Newsgroups: misc.news.internet.discuss Subject: Everything Wrong With Trump's Crypto Meme Coins Date: Sun, 26 Jan 2025 14:50:28 -0600 Organization: A noiseless patient Spider Lines: 17 Message-ID: <vn676m$4cg3$1@dont-email.me> Reply-To: JAB <here@is.invalid> MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Sun, 26 Jan 2025 21:50:32 +0100 (CET) Injection-Info: dont-email.me; posting-host="31f5146a0b6516e092eadd0a112fe0d2"; logging-data="143875"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX19fin4J2oLPn6sd2x0y/7hW" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:mToDY4btumeKwn+ykMZ6+N8lQ5U= 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/