美國總統唐納德·特朗普（Donald Trump）或阿根廷領導人Javier Milei的支持，加密貨幣行業損害了

整個加密貨幣行業都受到了損害

Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP.

研究人員告訴法新社，美國總統唐納德·特朗普（Donald Trump）或阿根廷領導人Javier Milei對加密貨幣的支持已經看到投資者損失了數十億美元，並且正在損害一個為信譽而苦苦掙扎的部門。

"The entire crypto industry is being tarnished," said Claire Balva, strategy director for fintech company Deblock.

Fintech Company DeBlock戰略總監Claire Balva說：“整個加密行業都受到了損害。”

Argentine prosecutors are reportedly examining whether Milei engaged in fraud or criminal association, or was in breach of his duties, when he praised the $LIBRA cryptocurrency on social media in February.

據報導，阿根廷檢察官正在研究麥莉是從事欺詐還是犯罪協會，還是違反了他的職責，當時他在2月份在社交媒體上稱讚$ libra的加密貨幣。

The token's value soared from just a few cents to almost $5 and then crashed. Milei had his blessing deleted hours later.

代幣的價值從僅幾美分到近5美元飆升，然後墜毀。幾個小時後，麥莉的祝福被刪除了。

He denies all allegations made against him.

他否認對他的所有指控。

"I did not promote it," Milei told broadcaster TN in February, adding it "is a problem between private parties because the State does not play a role here".

“我沒有宣傳它，”米利在2月對廣播公司田納西州田納西州田納西州田納西州（Bardcaster TN）表示：“這是私人政黨之間的問題，因為國家在這裡不起作用”。

"I acted in good faith," he said.

他說：“我真誠地行事。”

The price collapsed after a handful of early investors decided to sell at a huge profit, causing colossal losses for the majority of those who purchased $LIBRA.

在少數早期投資者決定以巨額利潤出售後，價格崩潰了，對大多數購買$ libra的人造成了巨大的損失。

It also dragged down prices of other cryptocurrencies, including bitcoin.

它還拖延了包括比特幣在內的其他加密貨幣的價格。

Hayden Davis, who helped launch $LIBRA, said he had been inspired by the initial success of Trump's memecoin, $TRUMP, that marked the president's inauguration.

幫助推出$天秤座的海登·戴維斯（Hayden Davis）表示，他受到特朗普的成員$特朗普的最初成功的啟發，這標誌著總統的就職典禮。

Having reportedly made Trump at least $350 million, according to the Financial Times, about 810,000 buyers went on to lose more than $2 billion combined, stated crypto data group Chainalysis.

據《金融時報》報導，據報導，特朗普至少賺了3.5億美元，大約有81萬買家損失了超過20億美元的總和。

A memecoin is a cryptocurrency that rides on the popularity of a viral personality or phenomenon on the internet and is often seen as a purely speculative asset.

紀念因素是一種加密貨幣，它依靠互聯網上的病毒性格或現象的流行，通常被視為純粹的投機資產。

– Relying on trust –

- 依靠信任 -

Once a fierce critic of cryptocurrencies, Trump has become a fervent defender.

特朗普曾經是對加密貨幣的激烈批評者，已經成為一名熱心的後衛。

He is offering multiple products linked to digital currencies, notably through his World Liberty Financial exchange, increasing accusations of a conflict of interest.

他提供了與數字貨幣相關的多種產品，特別是通過他的世界自由金融交流，增加了對利益衝突的指控。

On paper, his support for crypto projects could boost the sector's legitimacy.

從表面上看，他對加密項目的支持可以提高該行業的合法性。

"But at the same time, it can backfire," said Larisa Yarovaya, director of the Centre for Digital Finance at Southampton Business School.

“但與此同時，它可能適得其反，”南安普敦商學院數字融資中心主任Larisa Yarovaya說。

"Any conflicts that will emerge from it... any hackers, speculative attacks, any problems in relation to these specific coins or these specific projects" can prove counterproductive, she told AFP.

她告訴法新社：“從中出現的任何衝突……任何黑客，投機性攻擊，與這些特定硬幣或這些特定項目有關的任何問題都可以證明適得其反。

There is scepticism also over the launch in February of the memecoin $CAR by the Central African Republic.

中非共和國的2月在Memecoin $汽車的2月推出時，也引起了懷疑。

"The domain name had been reserved only a few days before" launch, noted Balva, which "shows that there was too little preparation".

巴爾瓦（Balva）指出，“域名僅在幾天前就保留了幾天”，這表明準備工作太少了。

The Central African Republic was the second country to adopt bitcoin as legal tender, after El Salvador in 2021, which has since reversed course owing to a lack of local popularity.

中非共和國是第二個採用比特幣作為法定貨幣的國家，僅次於薩爾瓦多（El Salvador）於2021年，由於缺乏當地的知名度，因此扭轉了課程。

A precursor to other cryptocurrencies, bitcoin was launched in 2008 as a way to free transactions from traditional financial institutions, notably banks.

比特幣是其他加密貨幣的先驅，於2008年推出，是一種從傳統金融機構（尤其是銀行）中釋放交易的一種方式。

Cryptocurrencies are based on blockchain technology, which publicly records transactions between people holding and exchanging them.

加密貨幣基於區塊鏈技術，該技術公開記錄了持有和交換它們的人之間的交易。

In the absence of a centralised authority, the system relies on "trust" in the people "who are endorsing these products", said Maximilian Brichta, a doctoral student of communication at the University of Southern California.

南加州大學傳播博士學位學生馬克西米利安·布里希塔（Maximilian Brichta）說，在沒有集中權威的情況下，該系統依靠對這些產品的“信任”。

– Rigged game –

- 操縱遊戲 -

Many traders will use automated programmes to buy a new token as early as possible in the hope of reselling it for maximum profit.

許多交易者將使用自動化程序儘早購買新的代幣，以期為其最大的利潤轉售。

Milei defended himself by likening losses sustained by buyers of $LIBRA to someone entering a casino and knowing they may not win.

麥莉（Milei）將$ libra的買家比喻為進入賭場的人並知道他們可能不會獲勝的人來捍衛自己。

However with crypto, it is argued by some that the "game" is rigged from the outset.

但是，對於加密貨幣，有些人認為“遊戲”從一開始就被操縱。

To avoid price manipulation, "when launching a cryptocurrency, best practice dictates that the first investors... hold a very small share of the offering" and are prevented from selling for "several years", said Balva.

Balva說，為避免價格操縱，“當推出加密貨幣時，最佳實踐決定了第一批投資者……持有很小的份額”，並阻止了“幾年”的出售。

Except that at the launch of $LIBRA, "more than 80 percent" of the available tokens were in the hands of "a handful of large holders (who) controlled all the liquidity and could liquidate it all at any time", she added.

她補充說，除了在推出$ libra時，“超過80％”可用的代幣掌握在“少數大型持有人（誰）控制所有流動性並可以隨時清算所有流動性”的手中。

According to Balva, this was "either monumental recklessness or outright fraud".

根據Balva的說法，這是“紀念性的魯ck或徹底欺詐”。