Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin (wsj.com) 6 points by spopejoy 1y ago ↗ HN
[–] Terr_ 1y ago ↗ > the tokens have no economic purposeThey do have an economic purpose: Bribery.The Trump family is sitting on the vast majority of the coins, and soon you will be able to buy favors and access by sending Trump cash, receiving commemorative coin-tokens as a kind of flimsy disguise, club-membership, and receipt.
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[ 3.4 ms ] story [ 17.6 ms ] threadThey do have an economic purpose: Bribery.
The Trump family is sitting on the vast majority of the coins, and soon you will be able to buy favors and access by sending Trump cash, receiving commemorative coin-tokens as a kind of flimsy disguise, club-membership, and receipt.