«Trump is a degenerate, he is not Bukele»: Keizer on the new president's memecoin

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By TP

TRUMP represents a dangerous mix of politics and speculation, critics warn. Ryan Selkis calls on Trump to fire the director of his memecoin project. Max Keiser, advisor to the president of El Salvador Nayib Bukele on Bitcoin policy, fired darts of criticism against Donald Trump, putting the recent launch of memecoins by the presidential couple under the magnifying glass, hours after assuming power in the United States. «Trump is indeed a degenerate. He is not Bukele. This never happened in El Salvador. El Salvador and President Bukele celebrate 795 shitcoin-free daysTrump has zero days,” Keizer wrote on the social network often without a deep understanding of the fundamentals of the projects they invest in and driven by the emotion of the moment and the possibility of quick profits. Keizer thus contrasts El Salvador, as if it were paradise, due to its adoption of Bitcoin, with the hell of memecoins, where Trump now appears. Solana-based TRUMP memecoin is generating controversy not only because of its rapid rise in value, but also because of suspicions of market manipulation. The difference that Keiser highlights is that El Salvador, under the presidency of Nayib Bukele, has adopted bitcoin as legal tender, promoting a policy based on the digital currency and supported by a BTC reserve, from which it obtains long-term economic benefits. . On the other hand, there is the launch of the TRUMP memecoin, which is seen by the maximalist bitcoiner as an opportunistic and less well-founded action, which prioritizes quick profit and is ethically questionable.

Bitcoin vs crypto, like heaven and hell

Launched days before Trump's inauguration, the TRUMP memecoin has raised alarms due to the associated risks. Similarly, the MELANIA memecoin, backed by the future first lady of the United States, has captured the market's attention with a 51% increase in the last 24 hours. The MELANIA cryptocurrency also raises suspicions. This, given that the distribution map captured by the on-chain analysis firm Bubblemaps does not match the distribution on its website. Their investigation also detects suspicious trading activity by the TRUMP project. Messari founder Ryan Selkis expressed great displeasure with the release of MELANIA and urged Donald Trump to fire the project's director. Selkis expressed concern about the project team's lack of experience, possible economic losses and possible damage to Trump's reputation. He noted that the project's decision-making process did not sufficiently take Trump's interests into account, calling it a «serious error in judgment.»

Messari founder Ryan Selkis expressed concern about the launch of the TRUMP project. Source: X/Twobitidiot. The comments by Selkis, a known Trump loyalist, fuel the controversy. Some members of the community expressed skepticism about the interest that the politician has said he has in the cryptocurrency sector. Some believe that the true goal is to benefit themselves and their family. While Trump's memecoin remains a hot topic in the community, accusations of manipulation and concerns about ethics could attract the attention of regulators. Critics argue that TRUMP's release represents a dangerous mix of politics and speculation that could potentially end up hurting investors retailers while benefiting insiders. The contrast between Bitcoin and other cryptocurrencies, such as the TRUMP and MELANIA memecoins, has become more evident in public discourse and expert analysis. While Bitcoin is seen by many as a digital asset with solid fundamentals, intended for long-term investment and with a potential impact on the global economy, memecoins are instead associated with extreme speculation and risk. This dichotomy between “heaven and hell” in the world of cryptocurrencies reflects not only technological and economic differences, but also philosophical differences about the use and value of digital assets. In any case, we are still waiting for the announcements that Trump will make during his inauguration as president, when it has been said that he will fulfill the promises he made to the community that revolves around Bitcoin, including a national reserve of BTC for the United States, which would send the message that, as president, he believes in the potential of the currency created by Satoshi Nakamoto.