General Discussion

Glass City

(3 posts)

50. Crypto is a Ponzi scheme

Wed Nov 5, 2025, 12:59 PM

Nov 5

What purpose does it really serve as a currency? Anyone looking to hide their transactions for money laundering, drug dealing, etc will use it. We saw this already with Silk Road, didn't we? Now we're seeing holdings being hacked and robbed, serious volatility caused by pump-and-dump, etc.

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Listening to the supreme court hearing about tariffs [View all] drray23 Nov 5 OP

That's encouraging. pandr32 Nov 5 #1

here is hoping they announce a decision soon and not wait until June rurallib Nov 5 #2

Sauer is arguing the case like someone trying to sell a piece of shit car: speaking very fast, playing w/words, LYING. AnotherMother4Peace Nov 5 #3

Good observation. yellow dahlia Nov 5 #5

. dalton99a Nov 5 #8

Looks like the head brain is at odds with the tail brain yonder Nov 5 #58

Incidental? Old Crank Thursday #70

Heh, he is the epitome of Disaffected Nov 5 #12

He argued the immunity case for Trump. Mr.WeRP Nov 5 #39

Yeah, but the authoritarians on the court already wanted to give him immunity so, not a tough nut for him Attilatheblond Nov 5 #44

Same mannerism of Speaker Johnson 2na fisherman Nov 5 #57

I am listening also. I came to DU to post about it, so thanks for doing so. yellow dahlia Nov 5 #4

Good to hear peggysue2 Nov 5 #6

I just hope he blows "the big one"---soon. lastlib Nov 5 #24

Oh good! MSNBC doing some quick analysis. yellow dahlia Nov 5 #7

They went back to Gorsuch questioning. yellow dahlia Nov 5 #9

Gorsuch was "struggling to understand" Sauer's argument & cut through the bullshit w/a concession from Sauer, which AnotherMother4Peace Nov 5 #11

My cable co. dropped MSNBC. multigraincracker Nov 5 #26

That's terrible! I think people should write in to your cable co. yellow dahlia Nov 5 #29

Gray Media. Stock symbol GTN. Frasier Balzov Nov 5 #32

Buckeye Cable is family-owned Glass City Nov 5 #42

welcome to DU RussBLib Nov 5 #49

I live about 100 yards north of Toledo. multigraincracker Nov 5 #64

The Block Family is more-or-less hated in Pittsburgh FakeNoose Thursday #74

I get MSNBC on sling blue, $45 mo. For about 200 channels including MSNBC. Meadowoak Nov 5 #45

Yeap same here. drray23 Nov 5 #63

We watch for free. https://www.livenewsnow.com/american/msnbc.html Nt duhneece Thursday #71

I wouldn't be so confident about THIS supreme court. I think the odds are they will rule in the sociopath's favor, lostincalifornia Nov 5 #10

I am listening to it, and it sounds to me as though they will support T Tumbulu Nov 5 #43

Same here lostincalifornia Nov 5 #65

I just wonder what Trump has in the supremes. I bet some of them are in the Epstein files. Meadowoak Nov 5 #46

They've only enabled his grabbing of more and more power up to this point. CousinIT Thursday #76

Trump loses. Charles Koch is funding attacks against the tariffs bronxiteforever Nov 5 #13

Thanks for the info and context. yellow dahlia Nov 5 #30

Yep. Been saying for a while they will do the right thing here - probably for the wrong reasons. 617Blue Nov 5 #36

Exactly... Woodycall Nov 5 #48

Neal Katyal is arguing against trump's tariffs LetMyPeopleVote Nov 5 #14

He really is great. yellow dahlia Nov 5 #31

Good News: Trump gets reeled in and the US economy improves, Coldwater Nov 5 #15

Not so. speak easy Nov 5 #37

The economy is already in the crapper. Wednesdays Nov 5 #61

"Gorsuch to Trump Lawyer: If POTUS has "Inherent authority" in Foreign affairs, are there any limits?" AnotherMother4Peace Nov 5 #16

Neal Katyal Is the plaintiff Attorney and Is already kicking ass. We'll see. We're talking tRump's supreme court. nt AnotherMother4Peace Nov 5 #17

Neal is doing great LetMyPeopleVote Nov 5 #18

This made me smile LetMyPeopleVote Nov 5 #19

Thanks for the smile. yellow dahlia Nov 5 #35

Strangely If Trump loses this case, it will actually be good for him, because it will help the economy. That will help Fil1957 Nov 5 #20

I think its past the point of non return drray23 Nov 5 #21

+1. Prices go up, not down. dalton99a Nov 5 #22

This message was self-deleted by its author CNYHarris Nov 5 #28

Crypto is a Ponzi scheme Glass City Nov 5 #50

This message was self-deleted by its author CNYHarris Nov 5 #54

You left out ransom! Use case for crypto.... reACTIONary Nov 5 #59

This decision will not be announced until late June Buckeyeblue Thursday #72

Doubting Thomas here. The majority has given Trump so much latitude before, I'll be surprised if they rule against him. surfered Nov 5 #23

They know the hand that feeds them Aviation Pro Nov 5 #40

trump will try to pack the court if he loses. I can hear him whining about how he was bringing jobs back to USA, but Silent Type Nov 5 #25

"Sauer countered by claiming Trump's power to enact tariffs was "a foreign-facing regulation of foreign commerce." Ray Bruns Nov 5 #27

They are trying to help Tramp by saving him from himself. I knew they would. 617Blue Nov 5 #33

I know Sauer can't help the quality of his voice, Grammy23 Nov 5 #34

That would be great if they have to open Congress to try IbogaProject Nov 5 #38

What's not to like with Neal Katyal dropping a truth bomb: tariffs are taxes. LetMyPeopleVote Nov 5 #41

Just a thought, but last night blue wave might have an impact on the court..... ashredux Nov 5 #47

I wonder who it was thought up this tariff bs? Ligyron Nov 5 #51

Peter Navarro is the one that really came up with the Administration's tariff policy after... Ol Janx Spirit Thursday #73

Thank you for that. Ligyron Sunday #77

Gee, is SCOTUS starting to read the room? Bluetus Nov 5 #52

In the early 1930s, when there was an actual national emergency Warpy Nov 5 #53

From your lips to the powers that be. Joinfortmill Nov 5 #55

seemed like Alito, Thomas and the other R wingers crud Nov 5 #56

Sauer's voice is so grating.... kentuck Nov 5 #60

I feel like there can be an event that can cause an unraveling. Maybe this is it. Something has to break the Jbraybarten Nov 5 #62

Tariffs are nothing but taxes on the American people, paid by Americans LetMyPeopleVote Nov 5 #66

He might be too busy trying to figure out... ananda Nov 5 #67

They will slice the baby V850i Nov 5 #68

Sounds like the might well restrict him, but question is what they will allow. His bullying other countries with tariffs Silent Type Thursday #69

The Washington Post has been reporting a lot of skepticism from a majority of the judges. One issue is whether the Martin68 Thursday #75