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gerhard7
Stoic Finance
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Comments by "gerhard7" (@gerhard7323) on "Another Billion Dollar Crypto Collapse \u0026 Central Banker Fraud | Market Update" video.
This is starting to make the Dotcom bubble look like a rehearsal.
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How can cryptos and the apparently 'ultra secure' bombproof blockchains that are so often used to promote them be so consistently vulnerable to hacking and fraud I wonder?
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What's weird is that all these cryptos have been bought with fiat and are essentially underwritten by them. What's even weirder is that major governments and financial establishments, including the US' and UK's, have been happy to effectively endorse this Ponzi charade and give it credibility. Like all Ponzis it's quite clear that most of the big boys that could got out early when it became clear that the supply of 'next greater fools' that enriched them was fast drying up as the real economy tightened.
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