Ethereum Creator Vitalik Buterin: Politician-Issued Coins 'Perfect Bribery Vehicle'
The Ethereum 

Ethereum founder Vitalik Buterin has criticized cryptocurrencies issued by politicians as “a perfect bribery vehicle.”

“If a politician issues a coin, you do not even need to send them any coins to give them money,” Buterin explained in a tweet. “Instead, you just buy and hold the coin, and this increases the value of their holdings passively.”

He added that one of the reasons these “politician coins” are potentially excellent tools for bribery is the element of “deniability.”

The Ethereum founder explained that holding a cryptocurrency has the twin financial effects of “donating to the issuer,” by indirectly increasing the value of their holdings, and “gambling,” as you have a chance of your stake going up. Therefore, Buterin said that people can donate to coin issuers while falsely claiming, when asked, that they are merely speculating or “gambling” on the cryptocurrency.