Mark Cuban ocks coins on memes but pitches one to cut our debt: “If it’s glyft, make it glyft to benefit all Americans ”

Billionaire investor Mark Cuba recently brought an interesting idea to the X. He is thinking about launching his own meme coin, but he’s giving a twist. Unlike Donald Trump’s $Trump token, which has made waves in the crypto world, Cuban hopes to send all the proceeds from the sale of tokens directly to the US Treasury Department to help tackle national debt. I am.

Cuban states in X: Add a twist. Same term as $Trump. 20% float. Same release schedule. One difference. All proceeds from the sale of the coin will go to the US Treasury Department. Your wallet address will be published and anyone can track it. If you want to gamble, gamble. But at least use it and dents it in US debt. you? “

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According to the US Treasury Department, US government bonds sit at an astounding $36.22 trillion to get things in sight. Naturally, the Cuban post exploded, bringing over 60,000 likes! and triggered all sorts of reactions.

Some people immediately called him, reminding him that he had previously dismissed the meme coin as a “shit coin.” One user, “Injective AI Intern,” pointed out a contradiction, and Cuba said, “We’re just making points. If it’s glyft, then glyft should be the one that benefits all Americans.”

But not everyone is against that idea. Journalist Brian Classenstein suggests that Cubans can split the funds.

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Cuban wasn’t on it. He said he didn’t want to choose his favorite, and said paying back national debt is the best way to generate wider profits.

Now there’s a bit of history in Cuba and Trump. Cuba is one of Trump’s biggest critics, but at the same time he is clearly paying attention to the financial success of $Trump’s meme coin.

That token surged 1,000% in just two days, peaking at $71, and by January 27th it had cooled to around $26.40.

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But not everyone is excited about the rise of political meme coins. Ethereum co-founder Vitalik Buterin raises a red flag, calling it the “perfect bribery car.” His concern? Politicians can make a profit without actually giving them money.

“If a politician issues a coin, you don’t even have to send a coin to give it money,” says Buterin. “Instead, you simply buy and hold coins, which passively increases the value of your holding.” Essentially, it’s a sleazy way for financial influence to sneak into politics.

Of course, not everyone sees it that way. White House AI and Crypto Advisor David Sacks compared meme coins and collectibles. Think about baseball cards and stamps. In an interview with Fox Business, he said people don’t necessarily buy these tokens for economic benefits, but rather as a way to support or commemorate political movements.

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