Jihoz.ron 🍚 (@Jihoz_Axie): Some stream of consciousness thoughts on the $TRUMP launch.

Some stream of consciousness thoughts on the $TRUMP launch. Pros • Everyone will want to launch a token now • Launched on-chain first. Demonstrates that learning how to transact onchain is a new form of financial literacy that the LEADER OF THE FREE WORLD is now encouraging. At the ball last night, less than a handful of people even had Phantom downloaded and knew that the token had been launched. Long way to go before even all of the crypto community is actually onchain vs. CEX • Additional pressure on Ethereum. ETH ogs and EF need to go founder mode/war mode. This doesn't mean what many of you think it means though and I'll present on this topic at ETH Denver. • My brothers in christ, the president is now the issuer of an official token with vesting schedules and unlocks. This likely will expedite regulatory clarity for token issuers. Cons/Questions • Solana was pumped and funded with blood money and FTX customer deposits. Feel like this Karma has never caught up with Solana. SBF tells his friends in prison to buy SOL and sees it as something that he "helped". More info on their close relationship here: coindesk.com/business/2022/…. • Does this eat up mindshare from "serious" projects? • Does this set up an impending reckoning once liquidity dries up and there are no more incremental buyers? • Does this take away liquidity even from Bitcoin? I want to re-iterate that I believe in the current administration and believe it will do great things for our space and for the people of the world. I've seen many takes today and wanted to provide a balanced POV. Godspeed. Nothing I say here is financial, legal, or medical advice.