This week after dropping domestic bombs on two of the biggest Crypto exchanges, SEC Chair Gary Gensler called people in the Crypto industry “hucksters, fraudsters, scam artists”!
See the Video here..
Ok so wait a minute this is a former MIT Professor who taught Crypto and Blockchain. You mean to tell me all his former students are “hucksters, fraudsters, scam artists”???
I hope no one reading this article has any computer geeky kids attending Texas A and M University cause they may just take a class being offered there called THE BITCOIN PROTOCOL which
(DRUM ROLL drrrrrr) oh dear — might turn them into “hucksters, fraudsters, scam artists”!
A real scoundrel intellect named Korok Ray teaches the class and he has the gall and audacity to say “Using bitcoin responsibly requires both financial literacy and computer science skills.”
How completely irresponsible and totally villainous! He should also be arrested and put into the Gulag. Oh wait sorry we are in the US…. Got my wires crossed, Crypto is actually supported in Putin’s Russia but then you have to eat alot of the state Borscht and live in sub zero temperatures and not be free and stuff. But wait a minute how free are we here when something so innovative comes along that is a complete game changer in pretty much every way and the SEC delays setting out Rules and Regulations and NEVER ACTUALLY DOES but then it uses it’s press agency to bludgeon the very thing they are salivating and plotting to take over with FEDNOW and state sanctioned watered down versions of crypto coin called CBDC…. this is all BS folks. You are all getting Bamboozled AGAIN! Want a clue? Go beyond the MSM talking points. Search for the viability of Crypto and Blockchain. As a country USA will be left behind. It is already happening!
Are there “hucksters, fraudsters, scam artists” in Crypto ? Heck yeah! As many as there are in traditional finance, government, in your home, around the corner or anywhere else you look.
There are also probably more good people and some with amazing, practical, game changing ideas.
BTW — I loved a “hucksters, fraudsters, scam artist” once….. he lived to be 16 and was the most beautiful little criminal ever….