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Yeah, and you know, I'm a yuppie software engineer with a relatively well-diversified investment portfolio (and a good amount of savings in safe things like T-B
by tombert 3y ago
Yeah, and you know, I'm a yuppie software engineer with a relatively well-diversified investment portfolio (and a good amount of savings in safe things like T-Bills), so I'll be totally fine, albeit extremely annoyed.
What's really upsetting is this lie that these crypto people push, acting like cryptocurrency is the secret way to leave poverty, and that this is the future of finance, and that investing with "Gemini Earn GUSD pays like 50x more than traditional bank interest", in combination with the FDIC-insurance for GUSD on their site. I think it's possible that people put in more than they could afford to lose into GUSD and Gemini Earn. I think it's also possible that people transferred most of their savings from traditional FDIC-insured banks in order to take advantage of Gemini Earn. And I think it's very possible that this is going to hurt the poorest individuals substantially more than anyone else.
I generally don't advocate for violence, but a large part of me really hopes that the Winklevoss twins each step on a Lego block every morning.
- JumpCrisscross 3y agoMight I make the meta comment that this is a heart-warming thread?
- toomuchtodo 3y agoThe ayes have it and the motion is carried.
- 15457345234 3y ago> What's really upsetting is this lie that these crypto people push Yeah, thieving scum are upsetting to normal good people.