Why 80% Token Control Is a Red Flag

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·@ariamath·
0.000 HBD
Why 80% Token Control Is a Red Flag
![image.png](https://images.hive.blog/DQmNS5o9bCwxA3x74jTxhGpY5LDae37rJ4rt9hNkbyEgavV/image.png)
[Souce](https://coinpedia.org/price-analysis/melania-trump-meme-coins-crash-is-the-trump-token-fever-over/)

As someone who made a damn good profit on trading his sh^tcoins, no, he definitely did something wrong.  
You can’t tell me that him keeping 80% of the supply isn’t another way to say, yeah, this is getting rugged.  
Like, that’s not even red flag territory; that’s impending doom approaches territory.  
Trump is doing something extra scummy. He’s encouraging non-crypto people into gambling on it by selling his token with a debit card checkout.  
The first button you see is "Buy with Card."  
"Buy with Crypto" is secondary.  
It doesn’t matter if you’re right or wrong; it’s convincing the public that’s hard.  
“They just don’t know enough” doesn’t work.  
I’ve mentioned crypto and been told, “Isn’t that for criminals?” many times.  
Not so much anymore, mainly because I worked at a tech company where people have functional brains.  
I was kinda known as the crypto guy throughout school, not intentionally.  
I use Apple Pay for basically everything, but I know if my bank turns around and says, “Nuh-uh,” I’m kind of screwed.  
I mean, I have backups, and I’ve not done anything wrong or illegal, and I don’t plan on either, so there’s no reason for the banks to suspend any accounts.  
But I just like the concept of crypto a lot.  
Much smaller fees is nice too; most people won’t care about spending a fraction of a penny to pay for things, and merchants get exactly the amount they charge for a product.  
And international borderless payments too.

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