3 ms·
It's an italian serial conman in a dark room somewhere, pressing "print" on software that generates ostensibly a dollar-equivalent crypto currency out of thin a
by trophycase 4y ago
It's an italian serial conman in a dark room somewhere, pressing "print" on software that generates ostensibly a dollar-equivalent crypto currency out of thin air, wrapped in a network of criminal enterprises that is currently using special 'insider only' versions of those tokens (tether-trons, vs tether-eths) to facilitate the theft of the life savings of a generation of middle class chinese, wrapped in a nesting doll of scams and pyramid schemes, wrapped in the greed, hubris, and legitimate desperation of a generation of 1st world hustlers, all wrapped in crypto-bros trying to take over the world.
Replace italian with <insert racial boogeyman here> and you would literally be describing the current financial system.
- WalterSear 4y agoI'm referring specifically to Giancarlo Devasini. I used broad strokes, but I wasn't making a fanciful description of what drives the crypto market as much as a literal one.