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Do NOT invest your retirement funds in crypto.. It is a pyramid scheme
https://www.msn.com/en-us/politics/government/trump-opens-door-for-crypto-in-retirement-accounts/ar-AA1K7fQg"US President Donald Trump is pushing to make it easier for Americans to use retirement savings to invest in cryptocurrencies, private equity, property, gold and other kinds of non-traditional assets."
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Crypto is built on nothing, thin air, it has no place in anyone's retirement portfolio.. It is a scam, that only the rich and the first ones in can benefit if they don't get caught in the inevitable crash
Yes Trump has signed onto crypto with a vengeance. But that is because he has found a way to grift. And that is what he is all about.. grifting..
Trump was anti crypto till he figured out how he could steal money and not get arrested. Crypto is funny money.. backed up by nothing. The banks stopped lending cash to Trump because he kept bankrupting himself and they were losing money. He had convinced NY bankers among others that the only way they could get their money back was to lend him more so he could do God knows what.. Even they realized they were throwing money away and stopped
Trump figured out he could borrow crypto or make up a new coin and people would just jump on it. But it is nothing ..nada.. and now he is full tilt trying to destroy the American dollar. Just think about that. How insane that is.
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
https://www.democraticunderground.com/11216465
World's shortest quote:
and when Trump falls down the stairs and croaks, the crypto bro troika will rule the country, and steal not only his crypto wallet, but the entire treasury. "Elon cracked the password!"
Led by MiniDrax
World's shortest quote:
The key to preventing a financial crisis is to keep the non-regulated (or poorly regulated) areas of finance out of the financial system. ... Unfortunately the current administration has embraced crypto.
and when Trump falls down the stairs and croaks, the crypto bro troika will rule the country, and steal not only his crypto wallet, but the entire treasury. "Elon cracked the password!"
Led by MiniDrax
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