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nic carter @nic__carter · 11h Something that hasn’t been much discussed - creating a bunch of personal memecoins opens the door to secretive foreign buyers trying to curry influence with our leaders. If you hated hunter biden’s anonymous art sales, you should hate this too. nic carter @nic__carter Basically, we used to have an informal rule that presidents wouldn’t start or run businesses that could pose a conflict of interest. Creating a bunch of memecoins and defi protocols opens the possibility to rampant violations of the emoluments clause. Not to mention the obvious COI given the fact that trump can set crypto policy.