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Vitalik Buterin Calls Political Memcoins "The Perfect Bribe Tool"
Ethereum founder Vitalik Buterin believes that "political" memecoins are suitable as a tool for unlimited bribes, including from foreign countries. Buterin wrote that he does not recommend politicians to go down this path.
"The risk of political coins comes from the fact that they are the perfect bribery tool. If politicians issue a coin, you don't even have to send "them" coins to give them money. Instead, you just buy and hold the coin, and it passively increases the value of their holdings," Buterin wrote in X.
He drew attention to the fact that holding such a coin is "a linear combination of donating to the issuer and gambling." That is, you can do the first, but if a dispute arises, then claim that the second is being done, without having to provide additional evidence.
I did not play political games, but I bought memecoins and did not have time to sell them, they flew down like a rocket ๐. Are you more fortunate? 1 reply
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