Recently, rapper Kanye West announced plans for a cryptocurrency, causing a big debate. It highlights a problem with some cryptocurrencies spreading hateful ideas. This isn't the first time this has happened, and it shows how easy it is to create cryptocurrencies, even ones with bad messages.
- Some cryptocurrencies use racist or hateful symbols and names.
- It's hard to control what people create in the world of cryptocurrency.
- Some people in the crypto industry are trying to find ways to stop hateful cryptocurrencies.
| Fact | Details |
|---|---|
| Kanye West's potential crypto | Possibly named "YZY", aims for 70% ownership for him. |
| Similar Crypto (TRUMP) | Down 78% from its high, had 80% ownership by one group. |
| Problem | Spread of racist and hateful meme coins. |
