Not unexpectedly, crypto exchange Bare Bitcoin is critical of the memecoins and Trump's launch of a #Trump coin. “Memecoins - whether it comes from the president or someone completely unknown - are completely gambling and casino,” believes CEO Torkel Rogstad.
On the company's website, Rogstad further writes: “Casino can be fun, by all means! But there are sky-high risks, and for very many people, unfortunately, it ends in tears. Memecoins are at the very edge of the risk spectrum and are something to be extremely careful about.”
Pictured: Bare Bitcoin is established by Torkel Rogstad (left) and Bjørn Olav Jalborg (right).
What expectations Rogstad has for Donald Trump's second presidency: 'Trump is an agent of chaos completely unparalleled. It is quite clear that he will most likely be very positive for both the bitcoin and crypto markets over the next few years,” writes Rogstad who also hopes that “all his less fortunate antics are kept somewhat in check.'
Rogstad personally has a very clear expectation that Donald Trump will pardon Ross Ulrbricth. 'It's been a lot of years in overtime. Ulbricht has paid an appallingly high price for crimes that, in the big picture, are not very serious, and he was incredibly important in kickstarting bitcoin. Pardoning Ulbrict would send a clear signal that Trump is serious about taking bitcoin seriously,' Rogstad writes.
Not unexpectedly, crypto exchange Bare Bitcoin is critical of the memecoins and Trump's launch of a #Trump coin. “Memecoins - whether it comes from the president or someone completely unknown - are completely gambling and casino,” believes CEO Torkel Rogstad.
On the company's website, Rogstad further writes: “Casino can be fun, by all means! But there are sky-high risks, and for very many people, unfortunately, it ends in tears. Memecoins are at the very edge of the risk spectrum and are something to be extremely careful about.”
Pictured: Bare Bitcoin is established by Torkel Rogstad (left) and Bjørn Olav Jalborg (right).
What expectations Rogstad has for Donald Trump's second presidency: 'Trump is an agent of chaos completely unparalleled. It is quite clear that he will most likely be very positive for both the bitcoin and crypto markets over the next few years,” writes Rogstad who also hopes that “all his less fortunate antics are kept somewhat in check.'
Rogstad personally has a very clear expectation that Donald Trump will pardon Ross Ulrbricth. 'It's been a lot of years in overtime. Ulbricht has paid an appallingly high price for crimes that, in the big picture, are not very serious, and he was incredibly important in kickstarting bitcoin. Pardoning Ulbrict would send a clear signal that Trump is serious about taking bitcoin seriously,' Rogstad writes.