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Mow commented that Trump’s administration “is better, but not ideal.”
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He believes that Bitcoin and the cryptoactives would continue under attack in a Kamala Harris administration.
Within the framework of a conference held in Hong Kong from February 18 to 20, called Consensus, the CEO of Jan3, Samson Mow, revealed his opinions about the current trend of Memecoins. He did it in a panel of experts with Adam Back, the inventor HashCash, an algorithm from which the Bitcoin mining test (POW) was born.
Mow, known for advising governments and states in the adoption of Bitcoin, commented that memecoins do not “strive to launch technical explanations or jargon about ‘blockchain’ technology.
Ensures, on the contrary, that these cryptocurrency projects They simply assume that they are a meme and little more. “It is a kind of hyper-shitcoinization, where everything is about throwing a token, letting it fly and letting what happens eventually happens, which will go down,” said the CEO of Jan3.
Along the same lines, he commented that meme cryptocurrencies do not hurt the cryptoactive, “because memecoins do not compete with Bitcoin in any way.” Samson Mow ascribed to Bitcoin the property of Digital Gold, And consider that the Trump administration “is better, but not ideal.”
Is not ideal because he [Donald Trump] He launched a memecoin, but you have to take the good with the bad sometimes. He released Ross. He moved on with that promise. And there is no more aggression against Bitcoin and cryptocurrency companies, which I think had continued with the administration of [Kamala] Harris. The cup is half full. I would prefer to take the Trump administration and the memecoins.
Samson Mow, CEO de Jan3.
As Cryptonotics reported, the current image of the Solana Red was resentful after the Libra case.
Solana: A war pavilion with trenches
Solana, a network known for its high volume of trade in Memecoins was the epicenter of a possible fraudulent scheme that involves several memecoins in addition to Libra, whose result has left millionaire losses.
With the introduction of a platform such as Pump.fun, Solana opened the creation, broadcast and trade of memecoins to all audiences, including retailers and inexperienced in cryptocurrencies, in addition to people with fraudulent intentions.
At the time of writing, social networks are full of varied comments about meme cryptocurrencies in Solana that characterize this network as a “trench” of war.
Some of them denote, for example, a cynical acceptance of the ephemeral game of memecoins to bet on one among the hundreds of thousands that exist in the market. “The memecoins now last 30 minutes, but $ Squeak arrives to stay, making way for stability in the madness of the solar trenches,” is commented as a spam chain with several posts per minute in the social network X.
Regard , where most memecoins are going to die, but this little pig is here to stay, the winners continue to win. ”
The social networks of Memecoins platforms in Solana contribute their part to collective frenzy. “You are already an invader, a moderator, an artist or a holder holder, you are what makes the home of real and genuine communities. The communities will prosper again in Solana ”, states a post of the Pump.fun platform.
In its enumeration of occupations, pump.fun uses the word “raider“, Which can be translated as” invader. ” In English, This word also has other connotations depending on the context. It can mean, for example, “assailant”, “robber” or “looting.”