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The co -founder of Etherea Vitalik Buterin is concerned about the impact of “political memecoin”, such as Trump. He warns against their potential to promote political corruption, especially during the presidential campaigns.
Alarm screaming of Vitalika buterin on “political memecoins”
On January 23, 2025, Vitalik Buterin appeared on the Social Network X to criticize the rise of “political tokens”. The founder of Etherea said he was concerned about the widespread support of the idea that “anyone can create tokens for anything on any scale”.
Without expressly mentioning Token Trump, Bterin described these initiatives as ” Fleeful and superficial entertainment », Far from creating real wealth for your users. He also emphasized their potential danger by facilitating ” unlimited political corruption »Especially foreign actors.
” Now it is time to realize that large cryptocurrencies cross the new border. They are no longer limited to sources of entertainment, whose damage remains limited to the mistakes of willing participants: they become instruments of unlimited political corruption, even by foreign national states. “He said.
These statements extend the warning that buterin has made in the past. In July 2024, in an article on the blog warned against the dangers of blind following politicians who claim to be “ Pro-cypto “
Concerns shared up to Congress
Vitalika Buterina resonates, especially in the current context, when Token Trump causes passionate controversy in Washington. The Association of Citizens for Responsibility and Ethics is considering legal steps, in particular, referring to a possible violation of the constitutional clause of foreign enjoyments.
Senator Elizabeth Warren, known for her stubborn resistance to Bitcoin, also commented on the topic and called on federal regulators to look at these political memoins on 4 February. He warns that 80 % of Trump tokens are checked by Trump Organization and its subsidiaries, making small investors significant risks.
Bterin’s criticism raises fundamental questions about the role of cryptocurrencies in politics. If they can be a source of innovation, their use for personal or political purposes threatens the credibility of the industry. In a situation where regulation slowly becomes clearer, it is urgent to define a clear limit between innovation and abuse.
In short, the emergence of memecoin, such as Trump, illustrates the gradual wiping of the boundary between technology and politics. The recently created SEC team led by Hester Peirce will have to solve these challenges by creating a clear regulatory framework focused on investor protection and maintaining the integrity of the crypto sector.
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I am enthusiastic bitcoins, I like to explore the intricacy of blockchain and cryptocurrencies and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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Comments and opinions expressed in this article are only the author’s views and should not be considered investment counseling. Before you make any investment decision, make your own survey.