Trump and his dipshit crypto bros are planning to steal billions from the U.S. Treasury using an engineered crypto bubble.

    • dhork@lemmy.world
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      2 days ago

      Yes, that is stupid. Don’t put any money in Crypto you can’t afford to lose.

      If you insist, limit yourself to OG Bitcoin, since that is what they will end up using government money to prop up. Honorable (?) Mention to OG Dogecoin, since as long as Elon is the Prime Minister he will keep memeing it. Avoid everything else, particularly all those tokens riding on Ethereum. (I think Ethereum will be the big loser in all this, which is a shame as it is more useful than Bitcoin, and more energy efficient).

      But if you do, don’t be surprised if you totally miss where the top is, and ride the BTC price back down to a 80% (or more!) Loss. It has happened before, and will again. Stay away if you don’t like that.