Vitalik Buterin takes aim at ‘unlimited political bribery’ using tokens
Ethereum co-founder Vitalik Buterin has raised alarms about the rise of political tokens, specifically condemning projects that prioritize short-term entertainment over sustainable value creation. In a social media reply, he expressed concern that these large-scale political coins could facilitate unlimited political bribery, including potential influence from foreign nations. His comments come in the wake of the Official Trump token launch, highlighting the potential for such tokens to corrupt the political landscape by allowing foreign entities to impact U.S. politics. Earlier, Buterin advised voters to critically assess political candidates claiming pro-crypto positions, suggesting that they might be backed by authoritarian regimes. Following the TRUMP token's launch, concerns were voiced over its implications for U.S. governance and foreign entanglements, especially since no previous President had engaged with cryptocurrency in this manner. The implications of improper influences, as highlighted by watchdog groups, have led to questions about the legality of such political tokens and their impact on democracy.
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