Summary

Donald Trump faced backlash after launching the $TRUMP cryptocurrency meme coin, valued at billions, days before his inauguration.

Experts, including former ethics officials, called it a major conflict of interest, as Trump has pledged pro-crypto policies while profiting personally.

First Lady Melania also launched her own coin, $MELANIA.

Critics warn the coins, which lack intrinsic value and are highly volatile, could lead to lawsuits and public losses.

Ethics experts described the move as one of the worst conflicts of interest in modern U.S. presidential history.

  • @just_another_person
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    4211 days ago

    “America” did not. I’m sick of these articles making it sound like he won big. He didn’t. 1.43% . The smallest margin of victory in 25 years.

    His idiot followers have no critical thinking skills and voted for all the lies he told them which they are up. They’re going to be absolutely devastated under his presidency.

    • Nougat
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      3811 days ago

      Don’t forget all the qualified people who didn’t vote at all, and instead just said “Meh, it’s fine.”

      Not voting is a choice.

      • @TallonMetroid
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        2211 days ago

        True, although personally I think “America didn’t give enough of a shit to do even the bare minimum of voting” is no less damning.

    • @Blue_Morpho
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      1611 days ago

      They’re not going to be devastated. No matter how much worse off they will become, they will think they are doing better because the mainstream media of Fox and OAN will tell them they are doing better than ever.

      They were fighting for toilet paper under Trump.

    • @MeekerThanBeaker
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      1111 days ago

      They won’t be devastated. They’ll continue to watch the same “news” that will tell them how great the country is doing no matter what happens… and then continue to say how awful the Democrats are, and to blame them for individual problems.

    • @[email protected]
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      11 days ago

      A plurality of Americans voted for him. It wasn’t even EC shenanigans this time. It wasn’t a huge margin, no, but more Americans who voted wanted him than any other candidate.

    • Optional
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      11 days ago

      I’m sick of these articles

      Let’s be very clear that corporate news has failed so spectacularly, they can not recover from this. They will not change, and we shouldn’t give them any benefit of doubt.

      You will need to find a different way of getting the news than from CNN / NBC / NYT or whatever it used to be in the before-times.