Noahpinion • 25529 implied HN points • 21 Jan 25
- Memecoins like TRUMP and MELANIA are seen as a way to make money without the usual transactions. They can allow people to support political figures while avoiding direct payments.
- These coins do not have the same respect as traditional cryptocurrencies like Bitcoin. Many believe they could harm the overall reputation of crypto, as they mainly serve speculative purposes.
- Buying these memecoins could be a form of legal corruption, allowing individuals to give money to leaders or celebrities while disguising the true nature of the transaction, similar to a bribe.