Angrily criticizing Trump for issuing coins to create an environment for crypto speculation, Mark Cuban: Or should I issue coins for charity?

Billionaire Mark Cuban has expressed his views on the current meme coin craze sparked by the current US President Trump, stating that it poses a threat to the legitimization and long-term development of the crypto industry. He criticized the "minting, printing, and selling" speculative mentality, which he believes will undermine investor confidence and hinder industry development. Cuban is pessimistic about the hopes for crypto industry legalization, as he believes the meme coin frenzy has caused the industry to deviate from its original goal of building trust and utility. He harshly criticized exchanges like Coinbase for actively listing meme coins like $TRUMP, which he says will destroy investor understanding and confidence in the industry. Cuban also lamented that the chaos caused by meme coins will make it more difficult for regulators to establish effective rules. He sarcastically remarked that "the only rule now is that there are no rules." Furthermore, Cuban suggested that he could issue his own meme coin that serves a public interest function, with all token sale proceeds donated to the US Treasury. He said, "Go ahead and gamble, but at least use it to reduce the US debt." Ultimately, Cuban emphasized that for the crypto industry to achieve long-term development, it must refocus on legality, transparency, and utility. Only by establishing stable rules and a healthy ecosystem can investors truly understand and trust the industry, which the current meme coin craze is causing to regress.