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Comments by "" (@badluck5647) on "Fraud Has Cost You Your Financial Future" video.
It is a cylindrical cycle. As time goes on, we forget why regulation happened, so we cut back on regulations to cut inefficiencies. Of course, this leads to bad actors taking advantage of relaxed regulations, and then we start the cycle all over again with new regulations to address the re-emerging fraud.
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They tried this in Finland and it failed miserably.
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Trump had a MLM, a fake university, and a NFT. He only needs a crypto coin to get the Grand Slam of Fraud.
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