The Cryptocurrency States of America
The cryptocurrency industry is in seventh heaven, happy to ditch their supposedly anti-government, pro-freedom ideology in favor of embracing an authoritarian if it means number go up.
By Molly White
@corlin: I called it yeas ago, as did many others. It was glaringly obvious to anyone not so desperate to be open-minded that their brains had fallen out or anyone not secretly greedy enough to want to cast aside concerns about it just in case they could make some money off of it later. (That's what Greenspan & Co. did in re: mortgage-backed securities in the 1990s, which caused the 2008 Collapse (that had been called for 2004 but was stalled by Fed and congressional cowardice and bank fraud.)
Yep.
I also never bought into the Crypto Ponzi scheme.
Yet I am not surprised, or shocked. This all is part and parcel to the long con.
@corlin: Nearly everyone I knew on social media, particularly the "hustlers", both men and women, who used to brag early on about how much money they were making in their fairly meager investments got quiet after about two years. They stopped posting their very prominently heralded weekly gains. Most dropped the hustler stuff in a few years, made new accounts, and stopped going on about "moneymakin'" and "hustle" daily.