1. The majority owner of Binance is seeking a pardon from Trump 2. Binance creates a platform to convince people to buy the Trump family's stablecoin 3. Trump family gets 10s of millions of dollars from this scheme The corruption is just mind-boggling. www.wsj.com/finance/curr...
but her emails
He pardoned 5 crypto scammers (nearly $100m lost by 10s of 1000s of average Americans) just in April...
Most of Trump's corrupt money-grubbing is happening through crypto, which is the perfect vehicle not only for the huge sums sloshing around and the limitless supply of scammers and criminals involved, but because it's so complex and confusing that ordinary people can't hope to understand it
Both of these essays by @pkrugman.bsky.social have basically summarized my feelings about crypto. It's a shame so many Democrats allowed the crypto bill to pass. paulkrugman.substack.com/p/crypto-is-...
paulkrugman.substack.com/p/crypto-is-...
Dumbass Trump doesn't understand it either.
Perhaps a little harsh here "because it's so complex and confusing that ordinary people can't hope to understand it" I am pretty sure I could understand it; I just can't afford it.
Make america great again and again. Indeed.
I wonder when Democrsts in Congress are going to stand up to crypto. Are they worried about losing incels who dont vote for them anyway? Simply explain how they are getting ripped off.