Trump’s Department of Housing and Urban Development, which oversees billions in aid and insures more than a trillion dollars in mortgages, is pondering using the blockchain and a stablecoin. One HUD official derided it as “monopoly money.”
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🚨 Billions in taxpayer money at risk – now tied to unstable crypto?!
💥 HUD official calls it “monopoly money” – WHAT COULD GO WRONG?!
🤯 Will America’s housing market crash next?!
⚠️ SHARE & FOLLOW – DON’T LET THEM GET AWAY WITH THIS!
I believe all our data and especially elections should be blockchain encrypted but without being attached to any digital currency. Imagine if we all can vote by email and it would be fully encrypted and also we can see how our votes directly affected the numbers in each election.
I hate crypto, bitcoin and anyone associated with it. I can’t wait for this pyramid scheme to be flushed down the toilet so I never have to hear about it again.
I’ve got an idea: Let’s use the world’s premiere currency to buy worthless meme crypto to put in a reserve to “strategically” backup the actual currency we paid for the worthless meme crypto.
Sounds like the BRICS folks plan to ruin the dollar.
Can someone please explain to me - like to a toddler - how this would even work? Is the goal that we all just agree that X portion of a digital currency is going to be worth X dollars, hence there is no dollar and we buy our Big Mac’s with bitcoin now?
How is it legal for the president to use the office of the president for his personal business? Isn't he supposed to divest himself from his businesses. How about enforcing the law people! Trump is abusing the powers of his office. Impeach Trump!
Sam Bankman Fried must be feeling like if been able to last another year or two, he wouldn’t be in jail, he’d be a cabinet secretary (and allowed to run some grift scam while he was at it)
Tether, a “stablecoin” whose value is kept fixed in U.S. dollars. Tether is able to do this because it holds a stock of U.S. Treasury bills with Cantor Fitzgerald, an investment bank that has itself invested in Tether.Cantor’s former CEO, Howard Lutnick, is now Donald Trump’s secretary of Commerce.🤦♂️
Absolutely amazing that republicans—longtime purveyors of conspiracy theories about imminent economic collapse from fiat currency—are suddenly on board with crypto because Dear Leader incoherently ranted about it. Make it make sense.
Houses on the blockchain mean NOTHING when inspectors still have to be human beings, and what-not. The most it can do is automate some paperwork, and conventional SQL database apps are more efficient at that.
Except that even Monoply Money is printed on actual paper. Cryptocurrency is nothing more than some bits arranged in a certain order that has been designated as significant by some unknown algorithm.
Also, Trump’s tariffs are a self-inflicted economic wound. His version of a tax hike on Americans, wrapped in a “tough on trade” bow. Because nothing says “economic strategy” like pissing off allies and boosting inflation. Spoiler alert - we're all footing the bill.
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money laundering scam
🚨 Billions in taxpayer money at risk – now tied to unstable crypto?!
💥 HUD official calls it “monopoly money” – WHAT COULD GO WRONG?!
🤯 Will America’s housing market crash next?!
⚠️ SHARE & FOLLOW – DON’T LET THEM GET AWAY WITH THIS!
Then his money will be worth more
Poor people work for less money, because they starve otherwise.
They will join the army, so he can send them to wars.
Blockchain would help him
Beanie babies have real world utility
https://en.wikipedia.org/wiki/Tulip_mania
He's going after the HOUSING MARKET FINANCING with 'fake money out, real money in' ?
https://en.wikipedia.org/wiki/World_Liberty_Financial
Sounds like the BRICS folks plan to ruin the dollar.
"America is detoxing" MAGAt says
IDIOTS
https://www.usatoday.com/story/news/politics/2025/03/07/trump-treasury-secretary-detox-economy/81932662007/
They're like a ghastly, flesh-eating bacteria.
And it's up to us to stop them.
NOW
[==*==]