Former Coinbase CTO: Trump can resolve conflicts of interest by airdropping TRUMP to 77 million supporters

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ODAILY
01-20
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Odaily星球日报 reports that former Coinbase Chief Technology Officer Balaji Srinivasan posted on X that overnight, the vast majority of former US President Trump's net worth ($59 billion) is now held in the form of cryptocurrencies. Even if it drops 90%, the situation remains the same, which means: 1) Trump's crypto assets have surged from 1% to 90% of his wealth, similar to the wealth accumulation path of early Bitcoin and Ethereum holders; 2) This phenomenon of rapid depreciation of non-crypto assets may occur globally in the future; 3) If TRUMP continues to rise, it may trigger political and business celebrities to imitate and issue personal tokens. He suggests that Trump can resolve potential conflicts of interest through an airdrop scheme. Based on the current valuation, Trump can provide $100 in locked TRUMP to all 77 million Trump voters through an airdrop, which would only cost him $7.7 billion in assets, which was zero just two days ago. In short, he can give everyone $500 and still have over $20 billion left. Balaji believes this will be a new social contract, a personal relationship between the president and the citizens.

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