Ex-Coinbase CTO Proposes $7.7 Billion TRUMP Token Airdrop for Loyal Voters

Balaji Srinivasan, the former CTO of Coinbase, recently proposed a bold idea: former President Donald Trump could airdrop TRUMP tokens to the 77 million Americans who supported him in the last election. This idea has the potential to change how politics and cryptocurrency interact, raising important questions about the future of money and digital assets.

Trump’s $59 Billion Crypto Fortune

Srinivasan suggests that if Trump were to shift a large portion of his wealth into cryptocurrency, his net worth could be redefined. Currently valued at $59 billion, Trump could, in theory, move 90% of his fortune into crypto—similar to the early Bitcoin and Ethereum investors who saw huge returns.

This idea is not just a U.S. trend. As traditional fiat currencies lose value around the world, millions of people may also make the shift to crypto wealth.

Politicians, celebrities, and influencers are all closely watching these changes. If Trump leads the way, his move could have global implications for the future of finance.

The TRUMP Token: Will It Hold Its Value?

One of the big questions around the TRUMP token is whether it will retain its value. History has shown that celebrity-backed coins often fail quickly. However, Trump is not just any celebrity. He has more than 100 million followers and continues to attract significant media attention.

His influence could help the TRUMP token succeed where others have faltered, but it will depend on maintaining public interest.

Airdrop Proposal: $100 per Voter?

One of the most eye-catching elements of Srinivasan’s proposal is the potential airdrop of TRUMP tokens to all 77 million Trump voters. If Trump were to give $100 worth of TRUMP to each supporter, it would cost him roughly $7.7 billion. 

Although this is a large sum, it could make sense given the rapid growth in the TRUMP token’s value. By offering free tokens, Trump could strengthen his base and turn his loyal supporters into even more dedicated followers.

Legal and Ethical Challenges Ahead

Of course, such a move would bring up legal and ethical concerns. While it’s common for politicians to ask for donations, no politician has ever attempted to send cryptocurrency airdrops to millions of people. Srinivasan believes Trump could overcome these challenges by presenting the airdrop as a personal, voluntary exchange rather than a political donation.

This idea could be a turning point in political campaigning, where cryptocurrency plays a key role! Who knows – we’ll just have to wait and see.