How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds (Noah Smith/Noahpinion)

Noah Smith / Noahpinion: How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds  —  Crypto is, in fact, about sending people money.  —  Financial disclosure: I hold a modest amount of BTC and ETH.

Jan 21, 2025 - 15:00
 0
How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds (Noah Smith/Noahpinion)

Noah Smith / Noahpinion:
How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds  —  Crypto is, in fact, about sending people money.  —  Financial disclosure: I hold a modest amount of BTC and ETH.

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