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   Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:09:43 JST Molly White

   Newsletter: Trump horrifies even some of his crypto-steeped fans by launching a memecoin before his inauguration, and a flurry of activity from the new administration signals what’s in store for the crypto world in the next four years.

   https://www.citationneeded.news/issue-75/

   #crypto #cryptocurrency #USpolitics #USpol

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:10:37 JST Molly White

     in reply to

     First, a note about my work. I am entirely funded by readers like you, and your support will be crucial going into what is clearly going to be a very busy four years.

     https://citationneeded.news/signup

     #crypto #cryptocurrency #USpolitics #USpol

     Michał "rysiek" Woźniak · 🇺🇦 repeated this.
   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:12:07 JST Molly White

     in reply to

     Trump’s memecoin did not exactly receive a warm welcome from much of the crypto world, who were horrified that their crypto president would tarnish the industry’s sterling reputation by doing a blatant cashgrab.

     #crypto #cryptocurrency #USpolitics #USpol

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     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:12:44 JST Molly White

     in reply to

     In my view, the memecoin launch only adds to Trump’s long list of already very serious conflicts of interest and unethical activities.

     #crypto #cryptocurrency #USpolitics #USpol

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:14:10 JST Molly White

     in reply to

     The industry’s high hopes for a crypto-focused day one in office quickly sank. However, Trump eventually got around to them later on, issuing a pardon for Silk Road creator Ross Ulbricht on day two.

     #crypto #cryptocurrency #USpolitics #USpol

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:17:18 JST Molly White

     in reply to

     The much-awaited crypto executive order came later on. Instead of establishing a “bitcoin strategic reserve”, Trump created a committee to think about whether to recommend he establish a stockpile from digital assets already held by the government.

     #crypto #cryptocurrency #USpolitics #USpol

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     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:18:32 JST Molly White

     in reply to

     Other agencies, such as the SEC, have already sprung into action to push Trump’s deregulatory agenda, however. And Elon is trying to pump Dogecoin again, this time with the backing of the government.

     #crypto #cryptocurrency #USpolitics #USpol

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:19:15 JST Molly White

     in reply to

     Crypto crime was particularly violent this week, with a very alarming kidnapping of Ledger co-founder David Balland and his wife (who have since been rescued by police).

     #crypto #cryptocurrency #USpolitics #USpol

     Michał "rysiek" Woźniak · 🇺🇦 and Glyn Moody repeated this.
   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:19:53 JST Molly White

     in reply to

     The Ethereum Foundation is facing a confidence crisis, and some were disappointed when Vitalik Buterin announced that his plans to overhaul the leadership don’t include “execut[ing] some kind of ideological / vibez pivot from feminized wef soyboy mentality to bronze age mindset”.

     #crypto #cryptocurrency #USpolitics #USpol

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     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:20:16 JST Molly White

     in reply to

     All that and more in this issue of Citation Needed. If you found this helpful, please consider signing up for a free or pay-what-you-want subscription. Citation Needed is an independent publication, entirely supported by readers like you.

     https://www.citationneeded.news/signup/

     #crypto #cryptocurrency #USpolitics #USpol

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:28:06 JST Rich Felker

     in reply to

     @molly0xfff When did shitcoins get renamed to memecoins?

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 03:16:11 JST Molly White

     in reply to

     • Phosphenes

     @Phosphenes a bitcoin stockpile/strategic reserve is only one way that they would introduce widespread economic risk, and IMO the deregulatory moves hold much more systemic risk

   • Embed this notice
     Phosphenes (phosphenes@glasgow.social)'s status on Saturday, 25-Jan-2025 03:16:13 JST Phosphenes

     in reply to

     @molly0xfff

     So everybody was freaking out about the prospect of the US government buying into crypto bigtime and possibly tanking the economy with the next crypto crash.

     This doesn't look as bad though right? Just hanging on to confiscated assets does not put us at risk?

   • Embed this notice
     Cindʎ Xiao 🍉 (cxiao@infosec.exchange)'s status on Saturday, 25-Jan-2025 03:16:46 JST Cindʎ Xiao 🍉

     in reply to

     @molly0xfff I've just signed up for an annual subscription. Thank you for the work you do!

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 03:16:46 JST Molly White

     in reply to

     • Cindʎ Xiao 🍉

     @cxiao thank you for the support!

   • Embed this notice
     Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 11:05:14 JST Molly White

     in reply to

     Audio version of the newsletter is now out! Thanks for your patience on this one, I had another commitment today and wasn’t able to finish editing it this morning. It’s on the original post, or wherever you get your podcasts: https://pod.link/1719025552