this post was submitted on 28 Jul 2024
234 points (98.0% liked)
United States | News & Politics
2020 readers
810 users here now
Welcome to [email protected], where you can share and converse about the different things happening all over/about the United States.
If you’re interested in participating, please subscribe.
Rules
Be respectful and civil. No racism/bigotry/hateful speech.
Post anything related to the United States.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
He’s totally launching TruthCoin.
I worked part time for a guy trying to make a new coin and earn bank on IPO. Same type of guy.
Unsurprisingly I ghosted them when I didn't get paid. But he's still got money and isn't in jail so... meh.
That's everyone working in crypto now. If you're buying and holding, you're the "exit strategy" for these guys.
Anyone smart enough to work in finance is going to understand that Bitcoin is unregulated, so you can do lots of things that are illegal in regular markets. That means that the top "Bitcoin finance" guys are knowingly defrauding the market.
Would you want to invest in a something that was sold almost exclusively by smart unethical people? Also, it pays no dividends or interest (because it produces nothing).