What Trump Coin REALLY Means for The Crypto Market

Let me preface this article by saying, I support trump as far as presidency goes along with his new outlook and policy of supporting the crypto market. I also have stated and written in the past that institutions and governments will get into crypto. Now we are starting to see this take place.

Just because you can do something doesn’t mean you should

As far as trump officially launching a coin, IMHO this was bad form. I do support the free and open market along with anyone being able to make a coin. But again, this was bad form. But tolerable. What added insult to injury was the Melania coin. Just why?

To me, whats worse then them making these coins and sucking all the liquidity out of Solana, was the market’s reaction to it. It was YOU, the market that sold everything to buy Trump coin and Melania coin and make the already rich, richer. It made the crypto market look like a bunch of stupid, cuck, chumps. Desperate for table scraps of the rich, at their ball, while they party and laugh at you.

Bad Form

The crypto market should of stayed the course and focus on solid new projects, solid meme’s that have built communities over time with hard work and dedication. THIS is how grassroots, NEW money is made. This is how the small guy can make it. Not by chasing the coat tails of oligarchs that bought into coins that their inner circle bought into from 0 and left for you, the market to buy into at 10 Billion. The market buying into this was also, equally BAD FORM.

With that said…

The Silver Lining

There is a silver lining here. The silver lining IMHO is that the trump coin and even the Melania coin was Trump’s way of signalling that the market is OPEN. Go and make your coins!!

Are you a corporation? Go make a corpo coin.

Small business? Make a coin and bring your small business ON CHAIN.

Run a service? Make a coin, even if its just a “meme”. A meme can have utility too…

Put it all on chain and let the open and free market work its magic

There will be a day you see a Walmart coin and this coin, maybe will let you purchase items in store and online across the entire brand. Maybe every corporation does this. Trust me, eventually they probably will. What’s stopping them? Even IF the coin is a “meme” that does not mean the company in question cant or wont let you use it to buy goods or services. The market can trade it and the price of the coin will be the price of the coin, valued at such in store. This is one of my many predictions I have made that will happen.

And what is wrong with this? It is the free market after all. Bringing more business on chain and more capital into crypto. Now don’t get me wrong, I am all for DECENTRALIZED cryptocurrency. I’m not a fan of centralized coins by any means. But I am an advocate for the right anyone has to make them. It is up to US, the people to choose NOT to adopt it (and we shouldn’t).

With that said, this crypto market is just starting, although we have a ton of coins already, it means nothing. There will be many more. The thing is that institutions are stil not fully into crypto yet. There is still a lot of red tape stopping institutions to fully get in the crypto market.

Furthermore, as I also predicted a long time ago, governments will also start to pile into crypto. We have seen the start of this but it has yet to even come close to critical mass.

Use your brain

Stop being a crypto cuck for the rich, elite, the government, famous people and so on. Satoshi is looking down on the market, in tears of disapproval. Since when did you think it is a good idea to 110% trust any government? Even if the government is the one you want in power, you still have to be critical of it. Treating any governments, elites, famous, rich people and the like, as god’s to be worshiped and pined after is a 1 way ticket to slavery.

The very thing Bitcoin and decentralized cryptocurrencies are here to prevent.

Categorised in: Adoption, Cryptocurrency Markets, Fundamental Analysis, Politics

This post was written by BlockAdvisor