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.

  • @Yawweee877h444
    link
    1311 hours ago

    Could this be the end of the American empire?

    With this blatant and chaotic corruption, criminality, exploitation, cheating, and stealing, how could the US stay a world empire? Won’t we just spiral out of control and everything that made us the world leader fade away, die off, emigrate, or become ineffectual?

    If cheating is now encouraged by the highest leader and law of the land, why wouldn’t it spread everywhere in our system?

    I’m not hopeful. Scary times!

    • @[email protected]
      link
      fedilink
      59 hours ago

      In my opinion, most likely yes!

      But empires can take decades/centuries to fall. I’m aure it’s different in the modern age with modern technology but america might still hold out for decades

      I’d argue that the American Empire has been in decline for decades now, however