Mark Cubans Blunt Critique of Trumps $499 Golden Phone: A Crypto Wallet in the Palm of Your Hand?
In a recent post on X, billionaire entrepreneur Mark Cuban shared his thoughts on the launch of a new wireless cell phone service from Donald Trump, known as the Trump Mobile. Cuban suggested that the developers of Trump-connected digital assets may be considering building a crypto wallet right into phones, leveraging World Liberty Financial ($TRUMP) tokens and various other Trump-linked ventures such as stablecoins.
According to Cuban, the intention is to create a transactional ecosystem that could passively collect user fees while also functioning as an easy way to pre-load and sell products. "I think the smart game they are probably playing is to put a crypto wallet on the phone that leverages WLF, $Trump, and their stablecoins," said Cuban. "Whatever transactions they can create generate fees for them, and there are so many ways to sell things and pre-load whatever they want."
The T1 Phone, a gold-colored phone made in the USA, is set to ship in August. Cuban suggests that the T1 Phone may serve as a "crypto wallet" with $TRUMP, WLF, and stablecoins as possible tokens. This could lead to a profitable ecosystem through embedded transactions and pre-loaded services.
However, the crypto market has not reacted well to the idea of a Trump Phone. As of June 17, the official Trump meme coin, associated with President Donald Trump, is trading at $9.61, down by nearly 5% at press time.
In response to a tweet by an X user Gary Koepnick, who stated, "I will never understand how 25% of the population cannot see him for what he is," Cuban shared his blunt response to Trump's $499 golden phone. He first appeared on TheStreet on Jun 17, 2025, where this story was originally reported.
