🔥🇺🇲For the land, that I lower!⚖️💥
A bill called the MEME Act has appeared in the United States Congress: yes, it's not a joke. MEME stands for "Modern Emoluments and Enforcement of Unlawful Conduct Standards". It sounds like the title of an HBO drama about corruption in Web3, but it's real.
📜 Senator Chris Murphy is seriously proposing to prohibit the president and members of Congress from issuing or promoting meme coins. Reason? Trump Coin is "the biggest corruption scandal in White House history," he claims.
🤣 Yes, we live in a time when government officials are launching meme tokens and senators are fighting against them not on Twitter, but with bills.
💰 The premise is simple: Trump Coin on Solana, which gives investors access to private meetings with Donald. More tokens, closer to the throne. Pay to play, only on blockchain.
⚖️ The MEME Act is an attempt to shut down the business and make it law: you can't be a politician and a crypto influencer at the same time.