<
https://davidgerard.co.uk/blockchain/2025/05/24/crime-is-legal-but-the-actual-dollars-arent-showing-up/>
"Crypto basically died by 2024. Now it’s back in the headlines, but that’s not
because it’s alive and doing things — it’s because America’s much-beloved
president, Donald Trump, his family and several of their very good friends
attached the electrodes to crypto and ran 415 volts through it.
Mr Trump just held a dinner you could attend if you held the most Trumpcoin.
Not that he bothered to interact with the top Trumpcoin holders at the dinner.
“He just gave a few remarks and left,” one said. It’s like once he had their
money, he didn’t care any more!
As Matt Levine says:
You can read various news articles quoting ethics experts howling into the
void about this, but why would you do that.
The crypto industry was hoping the President of the United States personally
endorsing crypto would finally be the starter’s pistol for a new crypto bubble!
But nobody new is getting into crypto. Except so they can bribe the president.
The use case for crypto."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
