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[ Mon, Jan 20th 2025 ]: MSN
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Sun, January 19, 2025

Trump is a businessman, crypto degens should know better

The article from MSN discusses the intersection of former President Donald Trump's business background with the cryptocurrency community, often referred to as "crypto degen" culture. It highlights how Trump's image as a successful businessman, despite his controversial political career, resonates with some in the crypto world who admire his brash, risk-taking approach. The piece points out that while Trump has shown interest in cryptocurrencies, especially Bitcoin, his involvement and understanding of the technology are often superficial. It critiques the crypto community for potentially overlooking Trump's business failures and legal issues in favor of his persona as a deal-maker. The article suggests that crypto enthusiasts, known for their skepticism towards traditional finance and politics, should apply the same scrutiny to Trump's business acumen and his engagement with digital currencies. It warns that aligning too closely with Trump could lead to reputational risks for the crypto industry, given his polarizing nature and the regulatory scrutiny he might attract.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/trump-is-a-businessman-crypto-degens-should-know-better/ar-AA1xwaOn ]