#cryptoathlete7
cryptoathlete7
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#CaliforniaBillWouldBarOfficialMemeCoins California lawmakers are moving to shut down a loophole that turns political influence into a speculative asset.
The proposed ban on official meme coins is not really a fight over crypto technology. It is a fight over incentives.
A politician can generate attention. Attention drives token demand. Token demand creates financial value. That creates a conflict the usual disclosure rules may not fix.
The uncomfortable question is simple: should public office ever be allowed to carry a market price?
That is the issue California is now forcing into the open.
$BTC #CryptoAthlete7
$VELVET
$SOL
The proposed ban on official meme coins is not really a fight over crypto technology. It is a fight over incentives.
A politician can generate attention. Attention drives token demand. Token demand creates financial value. That creates a conflict the usual disclosure rules may not fix.
The uncomfortable question is simple: should public office ever be allowed to carry a market price?
That is the issue California is now forcing into the open.
$BTC #CryptoAthlete7
$VELVET
$SOL
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