President-elect Trump launched his own cryptocurrency overnight and swiftly appeared to make more than $25 billion on paper for himself and his companies.

Why it matters: The stunning launch of $TRUMP caught the entire industry off-guard, and speaks to both his personal influence and the ascendancy of cryptocurrency in his administration.

  • It also speaks to the nature of the crypto industry that someone could have $25 billion worth of something that literally did not exist 24 hours previously.
  • FaceDeer
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    -61 day ago

    You’re going to use that “is not better served in another way” clause to wiggle out of anything I might suggest, but okay.

    The Ethereum Name System is a permissionless and fully decentralized version of the Domain Name System. Lacking central servers and control means it can’t suffer outages like DNS does.

    • @[email protected]
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      416 hours ago

      a permissionless and fully decentralized version of the Domain Name System. Lacking central servers and control means it can’t suffer outages like DNS does.

      Oh nice no more regular outages like checks notes visa that one time 7 years ago for 40 minutes

    • Snot Flickerman
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      1 day ago

      Sounds like an overly complicated and resource intensive way to have failover servers to me, and I’m usually pro-decentralization.

      I don’t experience DNS interruptions when I’m running multiple failovers.

        • JackbyDev
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          114 hours ago

          I’m relatively open to crypto, but ens is like one of the goofiest examples to pick in my opinion. I also believe they’re going to use that “better” clause to wiggle out of anything, but I also believe the example you used it very weak.

        • @[email protected]
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          20 hours ago

          You’re going to use that “You’re going to use that “is not better served in another way” clause to wiggle out of anything I might suggest, but okay.” clause to wiggle out of anything they might suggest, but okay.