đ„ America finally realizes: the president canât manage crypto while issuing his own coin đ„
The U.S. Senate is currently considering a new rule:
It would prohibit elected officials and their spouses from issuing or sponsoring their own digital assets.
Honestly, when the Trump coin first came out last year, some people in the group were like, âHey, thatâs a thing,â and back then I didnât take it seriouslyâI was still new to the space.
Then I saw it surge in price, and I really did regret it.
But when you think about it now, itâs pretty absurd for a president to influence crypto regulation on one hand and profit by issuing coins under his own name on the other.
For ordinary people, issuing a coin is called âharvesting the weeds.â
For a president, is it âfinancial innovationâ?
Once power can be cashed out directly like this, once the door is opened, who can really resist after that.
But then againâ
If Trump issues a new coin tomorrow, would you buy it? #TrumpCrypto
The U.S. Senate is currently considering a new rule:
It would prohibit elected officials and their spouses from issuing or sponsoring their own digital assets.
Honestly, when the Trump coin first came out last year, some people in the group were like, âHey, thatâs a thing,â and back then I didnât take it seriouslyâI was still new to the space.
Then I saw it surge in price, and I really did regret it.
But when you think about it now, itâs pretty absurd for a president to influence crypto regulation on one hand and profit by issuing coins under his own name on the other.
For ordinary people, issuing a coin is called âharvesting the weeds.â
For a president, is it âfinancial innovationâ?
Once power can be cashed out directly like this, once the door is opened, who can really resist after that.
But then againâ
If Trump issues a new coin tomorrow, would you buy it? #TrumpCrypto