A list of puns related to "TRON (cryptocurrency)"
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#blockchain #blockchaintechnology #tradingtips #cryptocurrency #crypto [#ethereum](https://www.facebook.com/hashtag/ethereum?eep=6&cft[0]=AZVJmI8iOkDxjh6qhqwh2Kcwajw9h1xFiRwZgEih-Q1ZLA6k8Ikf_
... keep reading on reddit β‘https://finance.yahoo.com/news/cardano-tron-sink-as-etoro-slaps-limits-on-both-citing-evolving-cryptocurrency-debate-172946749.html
The online trading platform, Etoro, said yesterday evening it cease the option for U.S. customers to buy or stake the cryptocurrencies Cardano (ADA) and TRON (...
(You would all be wise to read this article. Keep in mind that BKKT so far only deals with Bitcoin & Ethereum. Wisely cautious on their part. These guys are not cowboys!)
Excerpt:
"The SEC classifies Bitcoin (BTC-USD) and ethereum (ETH-USD) - the two largest cryptocurrencies - as commodities instead of securities, but most cryptocurrencies sold on exchanges to U.S. investors arenβt registered as such. Expressing his personal views numerous times since taking office as the SECβs head, Gensler has said that many crypto assets β especially those that fall inΒ the Decentralized Finance or DeFi spaceΒ β are 'Decentralized In Name Only (DINO)β. That means the SEC could very well begin to take enforcement action on crypto exchanges that offer these assets."
So a lot of people donβt this about TRX, but it originated as a scam. The founder of Tron is a scammer, and his name is Sun YuChen. When he did the ICO for tron, he did not even have a programming team or a proof of concept. He literally copied a whitepaper and used it to trick investors and take their money. He knew nothing about blockchain and did this out of desperation.
He owed someone a lot of money and needed money to return. Back then, ICO were much more popular among investors so he created the idea of tron to get the money he need. He was very good at marketing, and many people believed him and bought TRX.
He got a really large amount of money, and after paying back who he needed, he had a lot of money left over including the budget to develop Tron, and then he hired a team of programmers.
Tron originated as a scam, and in the past was marketed as a competitor to eth. Even though its popularity has died down, tron still has a loyal base of users and at the time of this post is in #25 of coinmarketcap.
Tldr; Tron was actually a scam made to get money, but since the scammer got so much money he decided to get a team of programmers and tron is now a top 25 coin!
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... keep reading on reddit β‘Please note that this site uses cookies to personalise content and adverts, to provide social media features, and to analyse web traffic. Click here for more information.