American economist Peter Schiff has sarcastically commented on the launch of memecoin TRUMP by US president-elect Donald Trump, suggesting that it could be used to bribe Trump. Schiff also highlighted the trend of memecoin launches by the Trump family and criticized Joe Biden's financial dealings. He took a dig at Elon Musk and Vivek Ramaswamy's unofficial government expenditure office, stating that Trump is making government more efficient. Schiff also argued that TRUMP is a better store of value than Bitcoin. In another post, he called for Biden to sell all federal BTC holdings. Meanwhile, sources suggest that Ramaswamy plans to step down from his D.O.G.E. leadership role amid alleged internal friction. A lawsuit is also being prepared, claiming that D.O.G.E. violates federal transparency rules.
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