
Is Not My Meme Coin I Like Stablecoins! Wawaweewa!
Jagshemash! Borat here reporting live from the land of… well not Kazakhstan. I am investigating the Trump family and their adventures in the world of crypto currency which is like the internet but with more confusing money. Donald Trump Junior the handsome son of the man who made America great again says he has nothing to do with his father's meme coin. "I wasn't involved in the meme coin," he say on the television show. "I'm more focused on the stablecoin the bitcoin mining." Very nice but is like saying 'I not steal the car I just drive it very fast!'
Meme Coin Go Boom Then Go Bye Bye!
These meme coins they are like a beautiful woman – attract attention go up very fast then disappear with all your money. The Trump token $TRUMP was very popular rising to $15 billion before disappearing faster than my neighbor's chickens when I visit. But the Trump Organization they get a fee for every trade! Is good business like selling ice to Eskimos or selling… well you get the idea.
Who Is Paying for the Hair Plugs?!
The clever people at Chainalysis say that wallets connected to the Trump coin made $324 million in fees! Is more money than I see in my entire village. But then they stop tracking say they have to focus on 'paying clients.' Maybe they find something very bad or maybe they just need money for more vodka. Who knows?
Influencing People Very Difficult With No Name!
Many people are angry that a President can have crypto currency say it could lead to influence peddling which I think is selling foot pedals. Trump Jr. say it's okay because you don't know who is doing anything. "You don't know who's actually doing any of these things," he say. "It's hard to influence if you don't actually know where this stuff's coming from." Is like saying 'I not responsible for baby I don't know who the father is!' (Even if it is me very nice!).
Debanked! No Money for Golden Toilets!
Trump Jr. say they are in crypto because they were 'debanked' after his father became a politician. The banks they no longer give them money. "We were debanked!" he cry. So they turn to crypto where everything is fair and transparent... maybe. He say it's 'out of necessity,' like when I had to wear a women's swimsuit because I forgot my own. Very embarrassing but necessary!
Stablecoin to Save America? Is Big Joke!
Now they have a stablecoin called USD1 which is backed by U.S. Treasurys. Trump Jr. say this will help America not hurt it. "Stablecoins could be the savior of U.S. currency," he say. Is like saying my mustache will save Kazakhstan's economy. Maybe but I doubt it. Chenqui!
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