🚨‼️Attention, the issuance of politically tinted memes is limited ‼️🚨
USA. A bill is being proposed that seeks to prohibit politicians from creating coins and tokens that can be used as propaganda tools or to gain support. The initiative is led by Sam Liccardo, a Democratic congressman from California.
Yes, you read that right: the era of "electoral memecoins" is over.
From candidates launching their "people's token" to campaigns disguised as crypto communities, this move aims to curb the mixing of blockchain and populism.
Pros:
• Prevents market sentiment from being manipulated for electoral purposes.
• Protects novice investors from empty promises.
• Separates digital activism from personal economic interests.
Cons:
• Limits new forms of decentralized political participation.
• May censor legitimate alternative funding initiatives.
• Who decides what is a "political meme" and what isn't?
Why is it relevant?
We recently saw tokens like Trump that exploded on social media and Telegram groups, moving millions in days... and then collapsing just as quickly. Investment or manipulation?
Before investing money, ask yourself this:
• Who is behind the token?
• Does it have real utility or is it just electoral hype?
• Who benefits if it rises (or falls)?
Democracy shouldn't run on the blockchain... or at least not without clear rules.
If you really want to invest responsibly, you can check out some potential projects on my profile.
Here's a link to a very different project with great potential.