Aside from maga retirees who will lose significant money when they buy the top or lose their private keys, the people we're supposed to be bringing onchain clearly see this as transparent grift.

https://www.youtube.com/watch?v=8zjBj194el8

Trump has indeed brought a lot of people in crypto

However he also made it 100x harder to convince them and the world that there is much more to crypto than grift and speculation.

the real innovation happens quietly, while the noise draws headlines. fundamentals > narratives

Yup, the last few days have felt incredibly delegitimizing.