Mark Cuban Mocks Meme Coins But Pitches One To Cut U.S. Debt: 'If It's A Grift, Make It A Grift To Benefit All Americans'

Billionaire investor Mark Cuban recently floated an interesting idea on X. He's thinking about launching his own meme coin, but with a twist. Unlike Donald Trump's $TRUMP token, which made waves in the crypto world, Cuban wants all the proceeds from his token sales to go straight to the U.S. Treasury to help tackle the national debt.

Cuban said on X: “If meme coins are the way, maybe I'll issue one. With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference. All the revenue from the sale of the coins go to the U.S. Treasury. The wallet address will be published so everyone can track it. If you want to gamble, gamble. But at least use it to make a dent in the U.S. Debt. You in?”

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To put things into perspective, the U.S. national debt is sitting at a staggering $36.22 trillion, according to the U.S. Treasury. Naturally, Cuban's post blew up, racking up over 60,000 likes and sparking all kinds of reactions. 

Some people were quick to call him out, reminding him that he had previously dismissed meme coins as “shit coins.” One user, “Injective AI Intern,” pointed out the contradiction, and Cuban clapped back, saying, “Just making the point. If it's a grift, make it a grift to benefit all Americans.”

Not everyone was against the idea, though. Journalist Brian Krassenstein chimed in, suggesting that Cuban could split the funds—half to the Treasury, half to help lower prescription drug prices. 

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Cuban wasn't on board with that, saying he didn't want to pick favorites and that paying down the national debt was the best way to create broad benefits.

Now, Cuban and Trump have a bit of a history. Cuban has been one of Trump's biggest critics, but at the same time, he's clearly paying attention to the financial success of the $TRUMP meme coin. 

That token skyrocketed 1,000% in just two days, peaking at $71 before cooling off to about $26.40 by Jan. 27—still a hefty 300% jump from its launch.

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But not everyone is thrilled about the rise of political meme coins. Ethereum co-founder Vitalik Buterin has raised red flags, calling them a “perfect bribery vehicle.” His concern? Politicians could profit without anyone actually handing them money. 

“If a politician issues a coin, you don't even need to send them any coins to give them money,” Buterin said. “Instead, you just buy and hold the coin, and this increases the value of their holdings passively.” Basically, it's a sneaky way for financial influence to creep into politics.

Of course, not everyone sees it that way. White House AI and crypto advisor David Sacks compared meme coins with collectibles—think baseball cards or stamps. In an interview with Fox Business, he said people aren't necessarily buying these tokens for financial gain but as a way to support or commemorate a political movement.

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