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Donald and Melania Trump recently launched crypto coins whose only utility is that buying them is effectively a donation to the token’s creators. This allows f
by pavlov 2y ago
Donald and Melania Trump recently launched crypto coins whose only utility is that buying them is effectively a donation to the token’s creators.
This allows foreign entities to give money anonymously to the president and his family, yet with a convenient proof-of-donation side channel (you can just sign a message with the same private key that bought the coins).
It’s a novel way to collect billions of dollars in bribes globally. And the president is both immune to prosecution and directly controls the offices that are supposed to enforce laws against this, so there’s no risk.