Crypto Grift

[cernjSHU]

This is what I was very afraid of. Trump is ready to make the Uber wealthy, trillionaires. This sets up crypto to go up in price and will leave this country vulnerable to a pump a dump from guys like Musk and Tiel. Economically, the country will be at their mercy.

Thie government should have nothing g to do with crypto. This is just a scheme to make these guys even richer. They will be able to control the entire country without actually being an elected official.

The US. Government Will Certainly Buy Bitcoin: Here’s Why

Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.

www.forbes.com

 

[Shaheton]

This is what I was very afraid of. Trump is ready to make the Uber wealthy, trillionaires. This sets up crypto to go up in price and will leave this country vulnerable to a pump a dump from guys like Musk and Tiel. Economically, the country will be at their mercy.

Thie government should have nothing g to do with crypto. This is just a scheme to make these guys even richer. They will be able to control the entire country without actually being an elected official.

The US. Government Will Certainly Buy Bitcoin: Here’s Why

Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.

www.forbes.com

I don’t follow the fear other than it’s DJT so it’s bad

The rich already control

Whether it’s the dollar or the indisputable future of currency called bitcoin ….$$ controls

At least bitcoin is backed by energy

 

[HALL85]

Guys like Musk and Theil create value (companies, jobs, innovation, etc.), and they reinvest that wealth into more US companies that create value. Quite frankly I’d rather see that than politicians getting wealthy off insider trading and passing that’s more about lining their pockets rather than what’s good for the country. What value do they create with the money they make that way?

 

[NYShoreGuy]

This is what I was very afraid of. Trump is ready to make the Uber wealthy, trillionaires. This sets up crypto to go up in price and will leave this country vulnerable to a pump a dump from guys like Musk and Tiel. Economically, the country will be at their mercy.

Thie government should have nothing g to do with crypto. This is just a scheme to make these guys even richer. They will be able to control the entire country without actually being an elected official.

The US. Government Will Certainly Buy Bitcoin: Here’s Why

Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.

www.forbes.com

So why are foreign born getting the best chance here, not america first

 

[Merge]

This is what I was very afraid of. Trump is ready to make the Uber wealthy, trillionaires. This sets up crypto to go up in price and will leave this country vulnerable to a pump a dump from guys like Musk and Tiel. Economically, the country will be at their mercy.

Disagree very much.
The US government buying as a reserve would further legitimize Bitcoin as a store of value which will bring in other states and countries doing the same which would reduce the risk that an individual could own enough to pump and dump. This is also kind of a self fulfilling prophecy. If the government starts buying, the value is going to increase very rapidly and Trump will look like a genius. Yes, the uber wealthy own and are buying bitcoin. The good news is that we can participate in that as well.

The meme coin stuff does annoy me, but there are going to be valid applications for having a public distributed ledger, and I do expect Bitcoin to last as the digital property / store of value.

 

[cernjSHU]

Guys like Musk and Theil create value (companies, jobs, innovation, etc.), and they reinvest that wealth into more US companies that create value. Quite frankly I’d rather see that than politicians getting wealthy off insider trading and passing that’s more about lining their pockets rather than what’s good for the country. What value do they create with the money they make that way?

The amount of money these guys will profit from this move to bitcoin will dwarf any amount made by their companies. This creates nothing. You are not seeing that this type of wealth in the hands of a few people will alter everything. All of you conspiracists who fear the Illuminati and deep state, don’t care about Musk, Tiel , the Winkleviss twins and the rest of them. We are talking about wealth that we have never seen before.

You go crazy over politicians making a couple of million dollars on the market. Yet when we are talking about 50 billion to a trillion dollars, you don’t mind it. That is the type of wealth that will control the country. Not the people.

 

[HALL85]

The amount of money these guys will profit from this move to bitcoin will dwarf any amount made by their companies.

And they will invest it in new companies and innovate. That’s what they do.

This creates nothing. You are not seeing that this type of wealth in the hands of a few people will alter everything. All of you conspiracists who fear the Illuminati and deep state, don’t care about Musk, Tiel , the Winkleviss twins and the rest of them. We are talking about wealth that we have never seen before.

“All of you conspiracists who fear the Illuminati”???? Who are you talking about?

You go crazy over politicians making a couple of million dollars on the market.

Because insider trading is illegal, and politicians don’t create any value.

Yet when we are talking about 50 billion to a trillion dollars, you don’t mind it. That is the type of wealth that will control the country. Not the people.