Former Coinbase CTO suggests Trump airdrops TRUMP coins to all voters to avoid conflict of interest allegations

This article is machine translated
Show original

On January 20, Balaji Srinivasan, the former Chief Technology Officer of Coinbase, posted on social media that

"Overnight, the vast majority of the net worth (59 billion USD) of the next President of the United States is now held in the form of cryptocurrencies. Even if it drops 90%, that will still be the case.

As fiat currencies disappear, this phenomenon - all non-crypto assets depreciating overnight relative to each other - will be experienced by billions of people worldwide in our lifetime.

Every politician, influencer, and celebrity in the world is keenly watching this phenomenon. They will be watching to see how it unfolds politically and economically.

Trump issuing a coin could be accused of a conflict of interest, but at current valuations, Trump could airdrop $100 of locked TRUMP to all 77 million Trump voters, which would only cost him $7.7 billion, when two days ago that asset was worth zero. He could give everyone $500 and still have over $20 billion left. This could even provide him the necessary political support to completely destroy the Democratic party's donor machine. Essentially, by joining Trump's email list and supporting his crypto policies, participants will receive a form of UBI.

If 77 million Americans also benefit from Trump, the accusations of conflict of interest will disappear. This will be a new social contract, a personal relationship between the President and the citizens."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
2
Add to Favorites
1
Comments
Followin logo