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In reply to the discussion: Crypto/Bitcoin Question [View all]

viva la

(4,276 posts)
2. What's really crazy is someone will just proclaim they've created a new crypto coin-- like Musk's "doge-coin"
Fri Sep 5, 2025, 11:13 AM
Friday

and people swarm to buy it. Trump and his wife have both done it too.

I do see one advantage, because I know someone who lives in a country with currency that's almost worthless outside the country. If they'd years ago started filtering some money into Bitcoin, it would be available if they moved to Europe or the US. Of course, if it had plunged rather than exploded, they'd be out of luck. But because it's so unregulated, you can buy in secret and park it outside your country.

Good grief, I just realized that Trump named an entire new government "agency" after Musk's coin, and then put Musk in charge of it. The arrogance and triteness and griftiness of these people, and I use that last word knowing it's not really appropriate for these monsters.

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