Comments by "Daniel Larson" (@daniellarson3068) on "PLAYBOOK: Russia's Crypto Economic Sanctions Escape Route" video.

  1. I love the background. The pseudo building painted on the wall is great. The smart car adds something too. Here's a paraphrase of the talk. I get the idea that just like the building is fake that crypto currency is somewhat fake too. Currencies of countries are backed by the country. Past performance of the currency and the actions of the country lead to trust. The national currencies are based on trust. I don't understand crypto currency, but there seems to be nothing behind it. Surely, it's a medium of exchange. Baseball cards could be a medium of exchange. Unlike a currency baseball cards have no large institution like a government backing them and can be volatile. Crypto currency seems the same. Again and again we are told, "Follow the money" and we find shenanigans. As Mr. Biernat describes, Russian money may be followed through a path of crypto currency. They are a nation of gangsters and have long laundered money. I haven't seen this reported anyplace else.
    3