Someone appears to have launched & immediately rugged an “official tiktok coin” as well.
The next four years are going to be rough, aren’t they?
pja
joined 2 years ago
If Trump makes his own memecoin part of the national currency reserves it will genuinely be the grift that never stops giving.
Honestly, I think this is more likely than him forcing the Treasury to allocate $billions to current BTC holders. Trump doesn’t hold any BTC (or only trivial amounts) as far as we know, so there’s absolutely no personal upside for him in this scenario. Letting other people walk away with $billions whilst Trump gets nothing doesn’t seem very Trump, does it?
I suppose they could up with a scheme where a portion of the $$ from BTC sales to the Treasury get used to buy TrumpCoin or whatever. But that requires him to trust BitCoin bros. Is that plausible?
& now Melania is in on the action: https://x.com/MELANIATRUMP/status/1881094861279129643
Or rather, the team that the Trump family have some kind of deal with is getting in while the getting is good. This stuff right out of the gate of the Trump administration before they’ve even taken office is very, very bad.