Sam Stein is joined by business and finance journalist Ben Walsh to discuss Donald Trump’s bleat announcing his plans for a federal crypto reserve that has enraged crypto traders for obvious corruption. Become a Bulwark Youtube Plus Member here - https://www.youtube.com/channel/UCG4Hp1KbGw4e02N7FpPXDgQ/join
Was this the most corrupt act yet of Trump 2.0? Maybe. www.youtube.com/watch?v=Nkok...
Crypto has two uses 1. Laundering money 2. Separating fools from their money. If you are not laundering money, then you are taking money from stupid people. It Is A Ponzi Scheme There Is No Reason For The USA To Hold A Crypto Reserve Other Than To Make Rich People Richer youtu.be/NkokkDe3ugQ?...
While the transactions are on the ledger, they can still be held anonymously. Don't forget that if the US buys the coins, the seller has the money and the US has an unbacked, unregulated security... and nobody knows who the money went to. youtu.be/NkokkDe3ugQ
This is a pretty good thing to send to normie friends. youtu.be/NkokkDe3ugQ?...
Business journalist Ben Walsh (“The Closer”) talking to The Bulwark’s Sam Stein about Trump’s highly problematic “strategic crypto reserve” scam, its potential for corruption, and the risk this needless & volatile “investment” poses to the US Treasury (and taxpayers). www.youtube.com/watch?v=Nkok...
youtu.be/NkokkDe3ugQ?... If you don't understand crypto currency, this is very informative and in plain language. A must listen for us all.
www.youtube.com/watch?v=Nkok...
youtu.be/NkokkDe3ugQ?...
EVEN Crypto Bros Can’t Believe How CORRUPT #Trump’s Reserve Plan Is" Another ponzi scam, it may not well for small pap & mom Crypto buyers @velshi.bsky.social @lbc.co.uk #warren.senate.gov overnight? #arimelber.bsky.social #AOC Hope Dems overnight team will wake up youtu.be/NkokkDe3ugQ?...
www.youtube.com/watch?v=Nkok...
OMG! Trump is firing all those government workers to save money, and now he wants to use our tax money to buy crypto coin! That stuff can be owned by anonymous people - what do you want to bet he owns a bunch that he plans to have us pay him for? www.youtube.com/watch?v=Nkok...
youtu.be/NkokkDe3ugQ?...
youtu.be/NkokkDe3ugQ?...
Once again, Crypto is a scam. Full Stop. What Trump is proposing with a Crypto Reserve will force the US to buy various crypto "currencies" using taxpayer dollars. This will cause the "value" of these currencies to go up www.youtube.com/watch?v=Nkok...
youtu.be/NkokkDe3ugQ?...
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