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"Those are rookie numbers brah, you gotta get those up" - Sam Bankman-Fried

Does anyone else get the feeling that Russia's version of capitalism is our future?

Capitalism as a Tom Waits song, a drunken swaying super power.

Crypto is a scam in itself

That’s always been the intent. The only reasons we experienced serious regulation the US were the Great Depression and the threat of global communist revolution.

Yup, or oligarchy taking control all at once too obvious.

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An American was just arrested for espionage in Russia. What a coincidence.

Our future? America's present already has crypto and other financial scams that dwarf this penny-ante Russian stuff.

If Enron or Bernie Madoff had only stolen $700 million, you'd never even have heard of them. Enron stole $74 billion, and Madoff stole $65 billion. The Savings & Loan scandal took Americans for $160 billion, and that was way back in the 80s.

Russia wishes they were at our level of financial scammery.

I love your vibe.

Yes and no... verification of transactions using the block chain with out a centralized server is an actual invention. I think you've got two main problems. First is that many Bitcoin/crypto investors are looking for a return so the more people that get in the higher the price, hence this circle jerk to let everyone know about it. This leads to the major second problem in that anyone can create a new crypto coin or nft, pump and dump schemes arent well regulated when you don't use USDs. I don't think the average investor should expect crypto to be a safe, it's purely speculative and the reality is that the main use of Bitcoin/ETH has been to transfer money in other currencies.

I will never understand why these mega rich fraudsters would ever step foot in the US. Dude could’ve ran around most of the world with 0 chance of arrest.

>Legkodymov, who the US says also goes by Gandalf, perhaps after the Tolkien character

Allegedly...many people are saying...sources have suggested...

What an odd thing to qualify.

The big cryptos, like Bitcoin, can be useful since they allow anonymous transfer of money. Feels nice to have a little bit of privacy that's so hard to come by these days. Would never hold a significant amount of it though.

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