If you needed more proof that crypto is a giant fraud scheme: Republicans love it.
Bitcoin operates just like the talibangeilcals. Full of grifters, thieves, and belivers who get screwed by the former.
Republicans love $ too. So, a fraud scheme, yeah?
That is a truly simplistic way of looking at things. Don’t. I am as left as you can possibly be and yet I absolutely hope that bitcoin and blockchain tech would take off.
When I say blockchain tech, I don’t mean shiity scam coins, I mean “election data on an immutable public ledger” type of tech…
One can dream.
You don’t want elections anything mixed with computers until computer architectures are more robust and verifiable. Not to mention that to mess with elections takes much fewer resources when they’re digital than when you have to corrupt thousands of vote counters.
Just gonna leave this here https://xkcd.com/2030/
I’m with you. However, the current state of things is not what I envision when I think of decentralized currency and immutable public ledgers.
yeah! cr*pto is the world’s 1st decentralized ponzi scheme
So in other words invest government money and taxpayer looses everything once the price plummets. Well done!
Been done in El Salvador. This is going to be a grift on the US tax payer of EPIC proportions.
Damn as much as I hate crypto, I hope El Salvador held onto that rather than selling on the drop
We are on the tail end of the crypto grift. Getting the largest country on earth to invest in Crypto is basically the last gasp before the bubble deflates and cleans all the suckers out.
Totally agree with you. I just figure if they bought at like $40k, selling at $20k when it’s now at like $100k would have sucked haha.
What a great way to embezzle tax funds!
so…is this how the Conservatives are funding Russia now?
sure looks like a great way to launder funds to your best pal Vlad back in checks notes “not Russia”.
War on Griftmas!!!
I should buy more Bitcoin for now
I mean, crypto is fundamentally flawed and will never work well as a global system for everyone but in the meantime…
I kinda look forward to quantum computing ruining bitcoin
How they gonna mine bitcoin without enough electricity to heat their houses? Maybe Cruz is doing research in Cancun.
Is Texas about get rug pulled?
Take your bitcoin and flush it down the toilet where it belongs.