Outside Source
Billionaire Mark Cuban said that if people want to gamble on memecoins, they could do it and “make a dent” in the US debt.
News
Billionaire and Cost Plus Drugs co-founder Mark Cuban floated the idea of creating a memecoin to fund payments on the US national debt.
On Jan. 21, Cuban said that if memecoins were “the way,” he might issue one similar to US President Donald Trump’s official memecoin. He said the token would have the same terms and release schedule as Trump’s, but all revenue would be directed toward paying down the US national debt.
Source: Mark Cuban
Cuban said the wallet address would be publicly posted for people to track. He added that those who enjoy gambling on meme-based tokens could contribute to paying off US debt. “If you want to gamble, gamble. But at least use it to make a dent in the US Debt,” he wrote.
Memecoins and the US government
Although the US government has been perceived as anti-crypto in recent years, the newly inaugurated president has shown interest in the crypto world. Apart from having official non-fungible token (NFT) projects, Trump has entered the memecoin space.
This article first appeared at Cointelegraph.com News
