Hacker News new | ask | show | jobs
by olalonde 139 days ago
I'll give a concrete example. Suppose he were to pardon SBF. That would likely anger figures like CZ (Binance) and Brian Armstrong (Coinbase). In response, they could choose to delist Trump's shitcoin, which alone could wipe out hundreds of millions in market cap. Anyways, I guess we'll see who’s right in about three years.
1 comments

Thanks for that concrete example! It's far more convincing. However I'm still not fully convinced, as Trump has greater leverage due to the ability to change tax and other crypto policy. He already gets what he needs by allowing bribes through Trump's coins, listing is not the primary purpose.

I appreciate you exchanging this information and your opinion.