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Trump's financial disclosure shows he made $1 billion from crypto, and his family also raked in $300 million in the Middle East. This is indeed eye-catching.
When die-hard fans shout "Trump coin," they are likely to become the last bag holders.
Politician families cashing in on influence is nothing new; Trump just plays it more openly and ruthlessly.
The crypto space is inherently asymmetric in information. Retail investors chase trends and get emotional, and in the end, the majority always foots the bill.
Politicians and capital are always in the first echelon. Ordinary people follow trends and speculate on concepts, mostly just carrying the sedan chair for others.
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