[cushpush]

Being upset that meme coins underwent a boom and bust is like getting angry at fire for being hot.

[simonw]

Jimmy Carter put his peanut farm in a blind trust.

[tadfisher]

The problem with this statement is the part of the title that it completely ignores. More precisely, the first part.

[hightrix]

The difference here is that this is the president doing this rug pull.

Using his power to make billions is not exactly enshrined in the constitution.

[toomuchtodo]

This is who he is. This is who they voted for. The electorate voted for Congressional representation that does not hold him accountable.

¯\_(ツ)_/¯

https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_wha...

[palmotea]

> The difference here is that this is the president doing this rug pull.

Cryptocurrency has always been a scam of no real utility for honest actors (compared to alternatives).

> Using his power to make billions is not exactly enshrined in the constitution.

Not exactly. Trump is dishonest and greedy, and doesn't care about a lot of appearances that prior presidents cared a lot about. In this case, he's not "using his power to make billions," he's actually not refraining from making billions because he has power.

I'm pretty sure Obama and Biden could have made money from a meme-coin, if they were so inclined. But if they even thought about it at all, they would have rejected the idea because it would look bad, hurt the office, etc. Trump doesn't care about those things.

[smt88]

It's very obvious that the anger is about POTUS using his office for rug-pulls, not that rug-pulls are happening in the first place

[AnimalMuppet]

Por que no los dos?

I can be angry about memecoin rug-pulls as a general scam, and I can be angry that the sitting US president is running shady scams.

[nozzlegear]

Surely you're taking the piss and can recognize that what's unique about this story is the fact that a sitting US president pushed the meme coins? They made Jimmy Carter put his peanut farm into a blind trust, but Trump is raking in money off his crypto pushes, shady dealings, and business holdings.

Edit: Carter put his farm into a blind trust, he didn't sell it.

[solumunus]

That’s what we’re upset about ay?