there is one very necessary requirement for all Americans who want to ride that #ponzillionaire wave. everybody has to do the same song and dance, the same kissing of rings.

because ponzillionaires do not have what their king-makers do: actual fungible assets.

think of it this way:

- an oil well is a fungible asset
- fame is a non-fungible asset

LeBron James is our latest non-fungible ponzillionaire

https://mastodon.social/@BleacherRepor[email protected]/111015372291454081

#basketball #NBA #darkpools #ponzis #Saudis

«Magic Doesn’t Happen, Especially Not in Business»

In recent weeks, cryptocurrencies have lost billions in value. Not to worry, says author David Gerard. Why? An interview.

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