It's scamming the true believers and creates an obfuscated channel for the oligarchs to deliver the carrots / bribes. When Trump launched his memecoin and got a question he waved at the tech billionaires and said "it's peanuts for these guys". Unfortunately nobody followed up with asking if that meant those guys were the ones transferring money to Trump through the memecoin.
mountainriver
joined 1 year ago
Regarding OFAC, making payment to any ransomware illegal, I have long pondered if participating in cryptocurrencies that is or has been used for ransomware payments shouldn't be considered under money laundering laws. That might make most cryptocurrencies illegal, or rather shine the light on the main useages already being illegal.
Economic Shock Doctrine works great for the oligarchs. Less well for everyone else. So it's not strange that Milei wants to scam his supporters and hand oligarchs a direct way to show their gratitude.