Donald Trump has promised to turn the United States into the “crypto capital of the planet.” It’s not surprising that crypto assets are rising in value—or that some observers are getting nervous, John Cassidy writes.
Comments
Log in with your Bluesky account to leave a comment
Ask criminals. They certainly prefer it. No banks, so no KYC or AML regs, or reporting. And per FBI stats, it was involved in over $5.6B in losses in 2023 alone.
There is no boom, it's invisible imaginary transactional barter. This crypto is often used by criminal enterprises needing to hide deals with weapons, human trafficking, prostitution, drugs, gambling, piracy, militia, knock offs, pedophiles, kidnapping, etc., & ...
crypto wants $billions of US Treasury gold in exchange for these worthless coins. This is the only way top crypto investors will ever see their money. Steal From US Treasury.
All you need to know about Bitcoin. Donald Trump, the Con. Now he is more sophisticated. He is backed by the Fink at Black Rock. Bitcoin is a brand new bucket w a hole in its bottom. Streaming nonsense.
Comments
I can pay my mortgage, buy a car, & do business w/4000 US businesses using crypto.
US govt owns $20B.
Crypto has a $4T market cap.
50% Fortune 500 companies exploring blockchain technology w/significant portion already holding crypto assets.
Laughing…
https://en.wikipedia.org/wiki/Tulip_mania
Bitcoin, on the other hand, has a fixed inflation schedule. There is no way to make the bitcoins come out faster no matter the price.
https://www.fbi.gov/news/press-releases/fbi-publishes-2023-cryptocurrency-fraud-report#:~:text=The%20FBI%20on%20September%209,%245.6%20billion%20in%20reported%20losses.
It's also useful to know that a broken clock is right twice a day, that way you don't go around being wrong twice a day
TL;Dr Donald is an idiot, but an idiot can still be right about something
NEXT USA. ?
"John Cassidy says thing Trump said about Crypto go boom, but it really no go boom"