CEO of Bitcoin Magazine says he "appreciates" $500 million rugpull by soon-to-be President of the United States
Most people couldn't believe their eyes that the soon-to-be US President was shilling a memecoin three days before taking office. What's worse is people trying to spin this blatant scam as a good thing.
Trump doesn't understand the first thing about Bitcoin. As he does with everything, he's going to turn crypto into his own self-serving grift, and no matter what he does, who is ever going to prosecute him for scams like this during the next 4 years?
Being associated with Trump is not good for crypto. He's only going to hurt the reputation of the industry, worse than Do Kwon, Mashinsky and SBF combined.