#MEMEAct The proposal by Senator Chris Murphy for the "MEME Act" to prevent politicians and their families from issuing or promoting cryptocurrency has sparked considerable controversy. This proposal arises from concerns about conflicts of interest and the risk of abuse of power for personal gain, especially following the emergence of "Trump Coin." However, this issue needs to be examined from multiple perspectives.

On one hand, banning politicians from participating in the cryptocurrency market could help mitigate the risks of market manipulation and protect the public from opaque projects. Politicians possess significant influence, and their promotion of a cryptocurrency could lead many to invest blindly, resulting in financial losses.