This is all wrong with them

Mark Hayes is the assistant director of cryptocurrency and financial technology in The Progress Education Fund and the Americans for the Financial Reform Education Fund request.

Days before the oath took the office, Donaltromb and his family I launched a new encrypted currency code – It is unofficially known as Mimi currency – it is called $ Trump, such as Encryption The industry held an opening ball. Despite the small details about the value of the currency, use or risks, trading has started, which led to the high price of the currency. On at least on paper (or on Blockchain, as it was), the Trump family and companies are now more than billions of dollars. It should not be outperformed, the first lady Melania Trump has also She launched its MG currency. Ivanka Trump, at the same time, distances herself from Unauthorized currency $ Ivanka.

During the campaigns, Trump promised to make the United States “”The planet’s encryption capital“After pouring Bruce encryption 130 million dollars to elect an encryption Management and Congress. Trump was used Pro-Crypto Acolytes for organizational functions In all parts of the federal government and issued executive orders in support of Crochpoto to create an encryption working group in the White House and give priority to encryption throughout the government. To liquidate this, the head of the Hucksster Coin team launched $ Trump Meme: part of a way for personal profit, one part of his stadium on federal ethics rules, and one part of loyalty encryption pledges. It is a step that has not only been able to tear Trump supporters, but also greatly eroding the democratic process.

Let’s back down. In the event that you are wondering, the “Mimi currency” is a code of encryption that depends on more than just a picture, an online logo or a social trend. The encryption industry argues as a kind of digital achievement. A fine print on $ Trump Coin Website It is noted that metal currencies “are not intended to be, or to be the chance of investing, investment or security of any kind.” famous Mimi currencies Ingoin (encryptive code depends on a dog image, already served as a satirical simulation of encryption) and various symbols that depend on the right -wing amulet.

Another example is $ Hawk, confronting it Haley WilshKnown as “Hook Towah“A girl (to describe her colored to work in an interview in the street).

Mimi currency is not even intended Washing drug money or tax evasion). Most of them end up. Many of the explicit “rug carpets” that attracts retailers with noise, and pump the value, so that the insiders are not only able to exchange and let others carry the bag – as it might be the case with $ Hawk, which is what 90 percent decreased after its launch.

The printing of $ Trump Fine requires meme buyers to give up their rights to prosecute, and the treatment now follows by many metal currency holders $ Hawk. Instead, they will have to pass through forced arbitration.

The encryption industry is fragmented in fraud, but even according to its own standards, the Meme currencies are working without shame. The dangerous encryption supporters who announced themselves-among them who blame or offend the Biden administration’s efforts to regulate encryption and protect investors as a real problem-to publicly reject Meme currencies as what is around the encryption industry.

One encryption compression groups He said Politico The Mimi $ Trump was “a terrible look at the industry that is already trying to prove that we are not a handful of beginners, fraudsters and scammers.” However, many encrypted parks, including Trump’s advertiser supporters, often recognize X, LinkedIn, and in other different angles of the Internet that most encryption markets consist of Mimi currencies, or things like them.

In a just or rational world, the first business of the promised encryption group of the president is to focus on this Trump $ currency. The project provides a confusing number of compulsions of potential interests and refers to a financial organizational device that highlights Americans instead of protecting Americans.

Here are some concerns between many:

What is the issue of use for $ Trump? If this is truly collected, such as a baseball card, it is difficult to imagine a practical use of $ TROMP other than enjoyment (you can enjoy the picture via the Internet and the side width for free). You can enjoy it and sell it to other university, but you cannot use it in the economy. You can have a Mickey Mantle Card worth $ 12 millionBut you cannot buy a beam cheeshes with it. What does it mean being the capital of encryption in the world if it only depends on gambling on unorganized online memes?

If $ Trump is a real financial tool, will he face any financial regulator that runs off the president? If Meme coins are really valuable and meaningful financial tools, then financial organizers must ensure that currency exporters reveal risks, and that Meme coins meet the minimum standards to protect investors, and that symbols are not subject to market treatment. the Trump has 80 percent of $ TROMP coins. Will Trump nominated organizers lead to investors or KowTow to the president who demands full obedience?

Will the proposed encryption legislation to Congress carry that the industry is responsible, or normalizes bad behavior, including the Trump currency version? The encryption industry requires Congress to pass new legislation to regulate the encryption markets lightly, including Meme currencies such as $ TROMP – instead of existing financial rules. Will the president’s support for this type of invoice will depend on whether it hurts or helps his personal investments?

Can the purchase of $ Trump violate the rules of ethics or constitution? It can be said that the Trump currency purchases give foreign governments and private interests a semi -useful virtual method for Carrie with the president, anytime and anywhere. Each investor helps to stimulate the price of $ trump and thus enriches the president. The constitution prevents foreign leaders from giving such gifts without the approval of Congress, but it will be almost impossible for the public to discover whether Vladimir Putin, Kim Jong Un or any other leader who bought Trump bought a dollar. Will the financial organizers, ethics observer, or Congress prevent the President’s encrypted projects from becoming a fast -propelled means of a corrupt payment policy? Or will she be mad at themselves?

Trump, more than ever, is an incredibly recognized brand – from trainee To two successful bids for the office. It is also associated with a group of doubtful consumer products and investment opportunities.

There are collapsed airlines and casinos. Trump, golf stadiums, tall hotels, and apartment developments; Eyebrow breeding products such as the Gospels mentioned Trump And sporty gold shoes. And now this.

These projects often claimed their enthusiastic customers. For example, Trump University pushed $ 25 million to settle allegations Its real estate classes were in fact mobilizing from its students (without admitting guilt) weeks before the oath in 2017.

But the decisive difference between the previous drunks and the Trump encrypted scheme is that it is compatible with the interests of Bruce Check Rich who want to seize the government’s reins to make themselves richer. The encryption industry, led by companies such as Coinbase and Ripple, wants any procedure or vote on encryption issues – or even the opinions of potential candidates on encryption issues – to deal with a political Litmus test. They succeed.

Before the winter holiday, Crypto Industry Blitz renewed the return of a member of the Securities and Stock Exchange Committee (SEC), Caroline Crincho. It was first nominated for the democratic seat by Trump and received unanimous support in the Senate in 2017, while Crenshaw expressed some concerns about the encryption industry practices, had taken some official positions.

But the encryption industry went to a mat against it – including with Announcement of a fateful box truck Payed throughout Washington – not because she was a opponent, but because she did not prepare herself enough before the healing of the Almighty.

The Trump administration quickly fills its ranks with the two friendly appointed companies and companies to make this more possible. NocorPoratecabinet.orgA project led by the Advance Progress Education Fund and the rotating doors project, tracking these numbers, and has already identified many potential appointed with a potential conflict of interests, including wealthy businessmen such as David Sachs (the coding of Caesar, Paul, Paul Atkins (is scheduled to be the coding of Paul, Paul Atkins) Trump’s candidate for the leadership of the Supreme Education Council), and Hewards Lottennik (was nominated to lead the Ministry of Commerce).

This coding energy seizure has effects that go beyond encryption. If you arrive in BROS Crypto, this will mean a government that only cares about the protection of investors, the prevention of fraud, the accounting of companies, and the confirmation

If Crypto prevails and climbs its way to the wider financial system, the next encryption collapse may be repeated through the economy and takes more than just encryption investors.

Meanwhile, Trump and his family are sitting on top of a pile of $ Trump and $ Melania Meme. His supporters may not be very lucky: $ $ $ Currency buyer has been published I was already lost Nearly $ 700,000 for their investments in Trump, due to wild fluctuations at the currency price.

If this is the encryption revolution, it looks like another plan in Wall Street. Who will leave the bag?