A series of shameful fraud that hurt the bitcoin issue

A series of “Meme Coin Coin” prominent anxiety that the “encryption” frenzy is the defamation of the bitcoin as a sound cash origin. From the scandal of $ from Argentina to the Trump administration’s embrace of the $ TROMP symbol and even the Mimi currency organized by the first lady, this speculative obsession occupied the headlines of the newspapers and reported a distinction between Bitcoin -digital money that seems increasing to the economy of the twenty -first century -and pump plans and pump.

Bitcoin will be fine in both cases. What may not bear it is Trump’s plan to reform the regulatory system of digital assets and provide the structure and clarity that financial innovators need in a desperate manner. Instead, the naive promotion of management non -discrimination for “Crypto” harms retail investors, which is a special bitter pill for the Bitcoin community.

On a broader scale, the movement of freedom around the world, after it had recently accessed power halls, risked a feeling of financial complainants only when adults had finally arrived. Javier Millie, a well -reading economist and hero champion in healthy money, pledged radical measures such as the Central Bank closing in Argentina, boosting gold and bitcoin.

Now, with a hot encryption fraud on another afternoon, long Bitcoiners warnings about “Crypto Casinos” are justified. The damage caused by this fraud extends beyond the burning investors. Most newcomers are still unaware of how Bitcoin It differs from speculative discharge, and therefore may overlook the potential of bitcoin as neutral money that is not corruption. It is time for impressive numbers and policy makers to clearly indicate that Bitcoin is the only digital assets capable of serving large institutions and the global economy in any useful and sustainable way.

Ascending and accident of Mimi currencies

Hiller Metal Metal Currencies have been born with a massive noise-eclipse-in recent weeks. The three episodes below show the consequences of mixing bitcoin with “encryption” as a whole.

Argentina $ Libra Fiasco

In Argentina, an encryption project called $ Libra It turned into a national scandal almost overnight. In mid -February, the newly elected president, Javier Miley, is a self -liberation. Bitcoin supporterTweets support the balance code $. He promoted her on his social media accounts as a special initiative to enhance Argentina’s economy. The effect was immediate. The price of $ Libra immediately rose from $ 0 to approximately $ 5 each, as Milei followers and retail investors rushed.

Within hours, the value of the distinctive symbol decreased by more than 80 %, and less than one dollar decreased. Blockchain analyzers soon revealed why. The interior portfolio threw more than $ 107 million in icons almost immediately after its launch, as it benefited from profits while their holders saw their money evaporated. Argentina room Fintech Recognized This works like a classic “pulling” fraud.

The political repercussions were immediate. “This scandal, which embarrasses us on an international scale, requires us to launch a isolation request against the president,” said opposition lawmaker Lendro Santoro. I do not realize the details of the project and as soon as I discovered this, I decided not to continue to submit propaganda. “

But for thousands of investors who left the bag, the damage was damaged. It turns out that the distinctive symbol, which he described as the country’s highest office as a rapid pump and emptying, leads to the erosion of the public’s confidence in Crypto projects and cast a shadow for the first president in Argentina to read and write economically at least in a century. This catastrophe embodies how irresponsible encoding can embarrass a pioneer, destroy retailers, and undermine political movement.

Trump Trump Code $

Through the equator in the United States, the Mimi Grand currency scene reveals direct participation of the highest office. In January, President Donald Trump launched an official Mimi currency called $ Trump at Solana Blockchain. The distinctive symbol was imposed as “the only official Mimi currency” before its inauguration, as he benefited from his brand and enthusiasm for his base.

The frenzy that followed it was great even with encryption standards. Within days of its appearance, $ Trump rocket To the peak of the total market value of more than $ 14.5 billion, briefly traded about $ 73 per code. This unprecedented increase coincided with the attractive “Crypto Ball” event in Washington, DC, hosted by the technical investor and the Trump administration “Crypto Tsar” David Sacks.

In the next few days, as the party party at Crypto Ball Hellds sponsored the Trump price. By early February, barely after two weeks, the price of the distinctive symbol was about two thirds of the peak.

Serial analysis data revealed that 50 of their largest holders have had more than 10 million dollars each, while about 200,000 small traders in red ended with the value of the distinctive symbol decreased. The insiders have won greatly, and a large number of people – who are likely to wander from Maga supporters in the field of retail by the Meme Coin – money.

According to ReutersEvery trade on the stock exchange where it launched $ TROMP (Meteora). The fees are returned to the distinguished symbol. In less than two weeks, the entities behind $ TROMP have suspended trading fees estimated at 86 to 100 million dollars.

Mimikwin from Melania Trump

A few days after the launch of the Trump $, the strong brand of the first lady Melania Trump was spent to launch the Mimi currency. Less than 12 hours before the opening, Melania unveiled its Solana icon, which is simply called Melania.

The launch sparked its instant speculation fever. Many people who saw the oldest buyers $ Trump with enormous returns believed that this was their second chance. Within hours of release, the distinctive code price exploded by 24,000 %, and rose to about $ 13 at its peak. This increase prompted the market value in Melania to nearly $ 1.8 billion a day.

However, the reality is close here as well. During the same weekend of its launch, Melania decreased by 80 % of its height, which sinks less than $ 3. As with $ Trump, questions arose about the distribution of the distinctive symbol for Melania and the intention. Analysts male One whale address held 80 % of $ $ Tram supply, and similar concerns about Melania’s ownership concentration has been raised.

The double encrypted al -Ghariba of the couple raised fire on both sides of the political corridor. It is unlikely that Accusations About self -dealing will start. After all, the Trump family is rich enough so that it does not need to engage in vibrant charts. The most likely, and perhaps more disappointing, is that encryption fans, Donald Trump Junior and Eric Trump, along with Caesar encryption David Sachs, showed less discretionary authority than the roles in management.

Trump encryption policy: a double -edged sword for Bitcoin

Each of the above scandals shares a common thread: it involves high speculation altcoins This flourishes on the noise, an advantage from the inside, and the lack of transparency. This is the opposite polar when Bitcoin brings to the table. For years, veteran Bitcoiners worked hard to clarify the blatant difference between Bitcoin and “Crypto” for this particular reason.

Inside Bitcoin, there was Immediate effort To the distance of bitcoin from these Shenigan. Unlike Bitcoin, a neutral and consensual payment network with a fixed monetary policy used by hundreds of millions of people, these counterfeit symbols are fully derived from greater speculation. ALTCOIN’s fraudulent plans risk the audience of all digital assets – including Bitcoin.

The Bitcoin community still hopes that this administration will bring a reasonable organization and openness to the finding industry, which enhances innovation and accelerates the Bitcoin adoption. The warm and organizational reform will be welcomed by millions of Americans who appreciate Bitcoin.

However, enhancing random encoding risks more harm than benefit. Instead of learning how to use Bitcoin K Hedging against inflation and instabilityIt will be equal to a lot of encryption with chaos. If Trump’s idea of ​​developing the encryption industry is tolerated with pumps and discharge plans (or sharing them), it can invite a harsh campaign below the line once the consequences-a violent reaction that may reach bitcoin and users along with fraud. In other words, the bad organization often follows the bad press. Using $ Libra or $ Trump collapses as an excuse, hostile policy makers can target Bitcoin – which has no role in this fraud – under new punitive rules.

Time to re -adhere to bitcoin

Instead is a clear policy that encourages Bitcoin’s adoption as the origin of the Treasury, the Payment Network, and the Innovation Transport. Political makers and numbers affecting the technology and financing community are responsible for clarifying the discrimination between Bitcoin in exchange for discrimination. In the current epic, characters such as David Sacks and Chamath Palihapitiya have important roles to play.

Sacks, a prominent capitalist and a political donor, hosted a coding ball. Instead of overseeing metal currency parties, thought leaders such as bags can use their platforms to educate newcomers about the unique value of Bitcoin and the risk of chasing Altcoin pumps.

Likewise, Shamath Palbaiteia, who was an early investor of Bitcoin, has a wide audience through the media and his private networks. He publicly spoke several times about his role as a Solana network, which is technology behind these modern plans. Meanwhile, Bitcoin praised that it is a “final insurance policy” and a major part of the future financial scene. Looking at the credibility of Shamath in both silicon Valley and Wall Street circles, it is in a good position to explain the reason for Bitcoin (scarcity, decentralization, security) designing it for thousands of fast symbols that saturate the market.

The invitation to work for cysts, Chamath, and in fact any prominent sounds in technology and financing are the use of their effect with responsibility. The audience’s education is not amazing like throwing a encryption ball or making bold predictions, but it is very important now. These leaders should highlight stories about how Bitcoin is used to financial empowerment-as is the case in economies that suffer from inflation or the non-manufactured population-and this is contradictory to empty promises of Meme currencies. They can click on industry standards that treat Bitcoin as an emerging digital commodity and backup assets, while unrefined symbols resemble stocks or casino chips. By doing this, they help prevent more people from falling into the victim to fraud and enhance the Bitcoin value.

Now it is the time to work. The influencers, investors and policy makers must stand up and calculate. They should demand transparency, claim bad behavior, and a bitcoin’s hero as healthy money. By taking a clear stand -up standing, anti -distance, they can help direct the narration to where it belongs: about how Bitcoin can improve society. The risks – for ways to live investors and the future of Bitcoin’s accreditation – are very high that they cannot be silent or satisfied. It’s time to make Bitcoin great again.

​

​

​

​

​