this post was submitted on 19 Apr 2024
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Not much info at time of posting what prompted the man to do so

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[–] Grimy@lemmy.world 27 points 7 months ago* (last edited 7 months ago) (2 children)

Here's the main point of what he's saying:

Cryptocurrency is our first planetary multi-trillion-dollar Ponzi scheme. It was expressly created for this purpose by a laundry list of rich and powerful people out of Stanford/Silicon Valley and Harvard/Facebook.

The March 2023 bank failures were all intentional: the banks were used to move out stolen Ponzi money. This signals that they’re no longer dumping cash in to keep the cryptocurrency Ponzi afloat, and that it will soon go insolvent, as all Ponzis must.

When the Ponzi scheme goes insolvent, it will take down half the stock market with it: The perpetrators used their major companies to pipe into the blockchain so they could funnel money out from the crypto exchanges. This includes Google, Tesla, Apple, PayPal, Facebook, Disney, Walmart, Target, InBev, Zoom, and countless others.

So he isn't for cryptocurrency but saying it's a scam to rob society. It is indeed a conspiracy but conspiracies turn out to be true all the time. Epstein's pedo ring and America's gun and drug running to fund despots all started as conspiracy theories.

Settings yourself on fire doesn't mean you're right but it shows enough resolve that you could at least read the text before misrepresenting him. He's clearly not a crypto bro.

[–] WalnutLum@lemmy.ml 4 points 7 months ago

At least his idea bout Bitcoin and cryptocurrency being mostly a Ponzi scheme are on point.

Where there's smoke there's fire I guess.