alanbwt on Nostr: The best counter-argument to this that I’ve hears is that, in the year 2025, hardly ...
The best counter-argument to this that I’ve hears is that, in the year 2025, hardly anyone is confused about the nature of memecoins anymore. People know they are essentially buying lottery tickets when they buy a memecoin. And so long as the memecoin issuer is not hiding this fact, it should be allowed.
That may be true. People are free to gamble if they choose to. But is this something the President of the United States should be participating in? And what does he gain other than fiat? What does he lose? Is it worth it?
That may be true. People are free to gamble if they choose to. But is this something the President of the United States should be participating in? And what does he gain other than fiat? What does he lose? Is it worth it?
quoting note15z2…ssjxTrump expended nearly all of the goodwill he built up among Bitcoiners to launch this recent scam token.
He survived an assassination attempt, won the presidency, and then uses his newfound prestige to grift off of the Hobbits who supported him. The Dark Elves rejoice at this, as they can now grift off the Hobbits too. Only the Light Elves and Númenóreans (Bitcoin Maximalists) see this for what it is.
And if Trump fails to free Ross and create the Strategic Bitcoin Reserve as promised, he will have no goodwill left among Bitcoiners. Yes, Kamala would have been 10,000x worse wrt Bitcoin policy, but that doesn’t make Trump’s recent actions excusable.