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lonely bird

(2,795 posts)

10. Yeah, what could possibly go wrong?

Reply to muriel_volestrangler (Reply #9)

Fri Dec 12, 2025, 10:54 AM

Dec 12

Only fraud, money laundering just for starters.

Just because some guy has an idea doesn’t make it a good one.

Come to think of it, financial innovation always fucks up. See Minsky.

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Highlight:

Crypto fraudster sentenced for 'epic' $40bn stablecoin crash [View all] muriel_volestrangler Dec 12 OP

If He Has Enough Cash MissouriDem47 Dec 12 #1

This has become America's new Gilded Age. Squaredeal Dec 12 #2

Legitimate question: Is there any cryptocurrency that ISN'T fraud? FakeNoose Dec 12 #3

crypto fraudster BOSSHOG Dec 12 #4

Having the trump family involved in crypto certainly does bring its legitimacy into question doesn't it?? NoMoreRepugs Dec 12 #5

Pardon in 3.. 2.. 1.. nt mwooldri Dec 12 #6

Like Bankman-Freid he has $$ billions stashed away and will be out in 7-8 years if Bengus81 Dec 12 #7

Um... lonely bird Dec 12 #8

"Stablecoins" are meant to keep track of a currency (eg the dollar) by holding dollar-denominated assets muriel_volestrangler Dec 12 #9

Yeah, what could possibly go wrong? lonely bird Dec 12 #10