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markodochartaigh

(3,101 posts)

20. I think that many very powerful people

Reply to gab13by13 (Original post)

Sat May 3, 2025, 04:50 PM

May 3

have a lot of cryptocurrency. It keeps going up and up in notional value. But it is difficult to sell huge quantities for goods in the real world. These powerful people want their cryptocurrency to be spendable just like cash. The amount of cryptocurrency which needs to be laundered is so great now that only way it can be converted into real world cash is by legitimizing it through the world's reserve currency.

Of course Krasnov has his own shady side hustle. His nft's and personal cryptocurrency brand are simply ways to pay him off for favors.

https://www.motherjones.com/politics/2025/02/sec-fraud-prosecution-chinese-crypto-entrepreneur-justin-sun-donald-trump-world-liberty-financial-tokens/

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llmart ihaveaquestion Blasphemer Ilikepurple

31 replies

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Highlight:

Krasnov Did Not Impose Tariffs Because Of Our Trade Imbalance [View all] gab13by13 May 3 OP

Absolutely! SheltieLover May 3 #1

Mango does what Putin tells him to... JT45242 May 3 #2

Also the weak dollar has a negative effect for sanctions gab13by13 May 3 #5

I'm not so sure if Trump is a trusted puppet for Putin anymore Ilikepurple May 3 #29

Interesting thought. c-rational May 3 #3

It's a shakedown tool JoseBalow May 3 #4

Absolutely, he put tariffs on everyone, gab13by13 May 3 #7

Wonder where those suitcases of payoffs end up... No, I don't really wonder. It ain't the US Treasury. erronis May 3 #15

I'm guessing the tariffs are designed to replace the income tax. multigraincracker May 3 #6

I think he believes that but it is economic nonsense. Plus thx for pointing out the regressiveness. Bernardo de La Paz May 3 #9

I'd be for a Wealth Tax that starts after you are worth more than several million. multigraincracker May 3 #10

Massachusetts recently instituted that sort of tax, and is currently trying to decide TheRickles May 3 #14

Intended, possibly, but certainly not designed. dchill May 3 #12

Wants weaker dollar to reduce debt payments so they can incur more debt for tax cuts for the 1 %. . . .nt Bernardo de La Paz May 3 #8

We get it: Putin is the real President. dchill May 3 #11

Putin's benefit is definitely in the mix there. ananda May 3 #13

And he probably doesn't know that he's the sucker at the poker table. erronis May 3 #16

Venn Diagram Time ThornSurf91 May 3 #17

Krasnov Griefbird May 3 #18

Apparently it's his Russian code name bif May 4 #31

Klepto-Currency.... BurnDoubt May 3 #19

I think that many very powerful people markodochartaigh May 3 #20

It seems to me that this is the ultimate criminal activity / venue / method / whatever else corruption word ihaveaquestion May 3 #22

I agree, something like this is bubbling under Trump's actions Ilikepurple May 3 #28

Time to go after the propaganda networks. SleeplessinSoCal May 3 #21

One of my pet peeves. yellow dahlia May 3 #25

G.O.P. works religiously to undermine America BoRaGard May 3 #23

Devaluing the currency... AntiFascist May 3 #24

Trump has been talking about Tariffs in public since the 80s. He's just too dumb to know he is wrong. I don't this Doodley May 3 #26

When the dollar is weak, it makes our debt worth less. Intractable May 3 #27

EVERYTHING vapor2 May 3 #30