4 ms·

Great take regarding 1 and 2. Regarding 3 it seems clear to me that he was not an insider, but he was scammed into spending his political capital and reputatio

Great take regarding 1 and 2. Regarding 3 it seems clear to me that he was not an insider, but he was scammed into spending his political capital and reputation. As a whole, it's classic cargo cult situation,imitating what a more powerful country is doing without understanding the nuances.

aprilthird2021 2y ago
If you as the President get scammed into scamming your people, there should be consequences
the_af 2y ago
Milei's hardcore followers are now in an impossible situation: - They can continue claiming their all-knowing leader is an "expert" in everything under the sun. But this means he was an insider! And therefore, he committed a crime. Or, - They can claim he was duped in the silliest way possible. I mean, $LIBRA had every possible red flag and anyone with half a brain could tell it was a meme coin. So, that must mean Milei is not as intelligent as his closest followers claim. Also, he, the president of Argentina, claimed he promoted the meme coin because "he wasn't aware of the details". If he wasn't aware of the details, why did he promote it? Will he also promote random miracle cures? Or only if -- as some people are already claiming -- some money is passed under the table?
- TZubiri 2y ago
  Or 3: he was ill advised from someone in his close circle, and their head will roll, but I don't see any minister that would take the fall, maybe a kid under the economy minister, either truly responsible or willing scapegoat
lavezzi 2y ago
> Great take regarding 1 and 2. lmao, where is the great take? Regardless of whether this was marketed as as memecoin or a "financial instrument to help finance small Argentinan enterprises" they are fundamentally the same thing - a fucking scam. This is equivocal to the amount of effort you would put in to polishing a turd - it doesn't matter as the end result is exactly the same. What makes it worse is that you'd expect that the Incumbent President of the free world to be held to a higher standard. Not only that, but one of the co-creators of Libra coin has revealed that insiders were able to buy into $TRUMP at $500m at a "special access" private dinner in DC, before it went public. He also reveals he was involved in Melania coin too. https://youtu.be/EqizJTbxAEM?t=3241 https://youtu.be/EqizJTbxAEM?t=3241
- TZubiri 2y ago
  >Regardless of whether this was marketed as as memecoin or a "financial instrument to help finance small Argentinan enterprises" they are fundamentally the same thing - a fucking scam. You lack the gift of nuance, your axiom is crypto=bad, so you are not seeing any difference between what the coin was technically and how it was sold, and that very difference is the basis of fraud. A "financial instrument to help finance small Argentinan enterprises" would be a completely legitimate enterprise, it implies that whatever money is deposit will go towards that purpose. I heard the trump thing and it's hearsay for now. They are two different cases, Trump didn't suggest it was an actual investment vehicle, also he did it out of office.
  - lavezzi 2y ago
    > You lack the gift of nuance No, I lack patience for obvious bullshit, and to even attempt to defend such an obvious grift is genuinely pathetic. > Trump didn't suggest it was an actual investment vehicle, also he did it out of office. Let me paraphrase: "Trump said it was a scam up-front, so therefore he's absolved of any responsibility for it being a scam. Trump announced his scam three days before his SECOND inauguration, therefore there is no conflict of interest or abuse of power."

aprilthird2021 2y ago

If you as the President get scammed into scamming your people, there should be consequences

the_af 2y ago

Milei's hardcore followers are now in an impossible situation: - They can continue claiming their all-knowing leader is an "expert" in everything under the sun. But this means he was an insider! And therefore, he committed a crime. Or, - They can claim he was duped in the silliest way possible. I mean, $LIBRA had every possible red flag and anyone with half a brain could tell it was a meme coin. So, that must mean Milei is not as intelligent as his closest followers claim. Also, he, the president of Argentina, claimed he promoted the meme coin because "he wasn't aware of the details". If he wasn't aware of the details, why did he promote it? Will he also promote random miracle cures? Or only if -- as some people are already claiming -- some money is passed under the table?

TZubiri 2y ago
Or 3: he was ill advised from someone in his close circle, and their head will roll, but I don't see any minister that would take the fall, maybe a kid under the economy minister, either truly responsible or willing scapegoat

lavezzi 2y ago

> Great take regarding 1 and 2. lmao, where is the great take? Regardless of whether this was marketed as as memecoin or a "financial instrument to help finance small Argentinan enterprises" they are fundamentally the same thing - a fucking scam. This is equivocal to the amount of effort you would put in to polishing a turd - it doesn't matter as the end result is exactly the same. What makes it worse is that you'd expect that the Incumbent President of the free world to be held to a higher standard. Not only that, but one of the co-creators of Libra coin has revealed that insiders were able to buy into $TRUMP at $500m at a "special access" private dinner in DC, before it went public. He also reveals he was involved in Melania coin too. https://youtu.be/EqizJTbxAEM?t=3241 https://youtu.be/EqizJTbxAEM?t=3241

TZubiri 2y ago
>Regardless of whether this was marketed as as memecoin or a "financial instrument to help finance small Argentinan enterprises" they are fundamentally the same thing - a fucking scam. You lack the gift of nuance, your axiom is crypto=bad, so you are not seeing any difference between what the coin was technically and how it was sold, and that very difference is the basis of fraud. A "financial instrument to help finance small Argentinan enterprises" would be a completely legitimate enterprise, it implies that whatever money is deposit will go towards that purpose. I heard the trump thing and it's hearsay for now. They are two different cases, Trump didn't suggest it was an actual investment vehicle, also he did it out of office.
- lavezzi 2y ago
  > You lack the gift of nuance No, I lack patience for obvious bullshit, and to even attempt to defend such an obvious grift is genuinely pathetic. > Trump didn't suggest it was an actual investment vehicle, also he did it out of office. Let me paraphrase: "Trump said it was a scam up-front, so therefore he's absolved of any responsibility for it being a scam. Trump announced his scam three days before his SECOND inauguration, therefore there is no conflict of interest or abuse of power."