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In reply to the discussion: Republicans suddenly love crypto. Americans should beware. (WP) [View all]keithbvadu2
(40,915 posts)28. The big money return in crypto is:::
The big money return in crypto is:::
1. Starting it, hyping it, selling it, and getting out, leaving the
suckers holding the bag.
2. Handling/storing it for others.
...a. Not your own money/crypto. Someone else's money/crypto.
...b. Lots of fraud/money manipulation/theft/lack of regulation.
3. Backed by trust/faith/great promises/optimism... but no
real assets.
4. It can literally disappear and good luck with lawsuits.
------------------
A few have profited by 'investing' but not the majority.
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Think of Steve Bannon not letting you sell your coins of his cryptocurrency while he can sell his.
keithbvadu2
Aug 2024
#10
Trump would love the Devil if he donated millions to his campaign. Trump is a bought man.
Fla Dem
Aug 2024
#11
When I can pay my taxes with crypto, I'll take a look at it. Otherwise, scam on a scale breathtaking to contemplate. n/t
dobleremolque
Aug 2024
#22
I tried to watch some clips from him being interviewed about crypto, my head nearly exploded - link:
Pluvious
Aug 2024
#23