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Because it's a scam meant to transfer wealth from away from ignorant people who don't know any better. It serves no other purpose. No utility at all. And then his wife does the same thing 2 days later? A former president of the USA, soon to be sworn in to office again scamming his supporters. Not only is this extremely unethical, it ruins the reputation of legitimate crpyto currencies which serve a real purpose. The US truly is a banana republic now and shame is dead. We are so fucked.