TechFlow news, January 20 — Balaji Srinivasan, former CTO of Coinbase, posted that approximately 90% of Donald Trump’s estimated $59 billion net worth has now shifted into cryptocurrency assets, a transformation that may have significant implications: 1) Trump's crypto asset allocation has surged from 1% to over 90%, mirroring the wealth accumulation path of early Bitcoin and Ethereum holders; 2) This phenomenon of rapid devaluation of non-crypto assets could potentially occur globally in the future; 3) If the TRUMP token maintains its value, it may inspire other political and business figures to issue personal tokens.
He suggested that Trump could resolve potential conflicts of interest through an airdrop scheme: based on current valuations, distributing locked TRUMP tokens worth $100 each to his 77 million supporters would cost only $7.7 billion. Even increasing the amount to $500 per person would still leave over $20 billion remaining. Balaji believes this approach could not only establish a new type of "president-citizen" relationship but also build public support for advancing pro-crypto policies.
