Quote from: Minor Miner on Today at 06:04:56 AM

Quote from: Zaguru12 on January 19, 2025, 09:09:46 PM

I think the surprise was actually that no one actually think Trump will be going through the route of having a memecoin, there is not the direction I think most people actually thought he would pick. There is nothing bad in creating or building a project on cryptocurrency but make sure it has utility or use case so that it can create a good adoption to the community, no matter how memecoins are been portrayed they will remain the same gamble coins I see them as. What most people want and why they are surprised isn’t this.

What surprised me was that I did not think and could not believe my eyes that a president would have the idea of creating a project and directly promoting it. Because it could negatively affect his political career.

And whether he creates a meme project or an altcoin project doesn't make much of a difference because the main purpose of crypto projects is just speculation and hype. Apart from bitcoin, there is no project that is reliable in the long term, even altcoins that claim to have utility and use cases like ETH, SOL...So even if Trump creates a project that has utility, that doesn't make it any different or more credible.

I believe in the long term process, the hypes and energy surrounding the projects looks interesting and eye catching, if he doesn't take care of the project maybe in some days there will be news everywhere how millions were lost in his project, i maybe politically for Trump but jeopardizing what he has built with a memecoin isn't what i expected, my thoughts was for contributing to Bitcoin and policies. Imagine if same action is operated on Bitcoin, we would be seeing one big ATH by now, i hope he gets back to keeping his promise and fulfilling all what he will do for Bitcoin.