pretty remarkable to see Coinbase making the argument that crypto is not like stocks, it's like baseball cards, American Girl dolls, or Beanie Babies
it's the future of finance! except when the SEC comes knocking, then it's just a harmless little toy, your honor
The #crypto in-plain-sight Kansas city shuffle.
It's an out-in-the-open (OITO) scam where the people you sell it to know it's an OITO scam, but these people expect to sell it themselves OITO to others, and those others plan to.......
Everyone relies on the recursive loop, but even infinite loops eventually fail.
OIW, it's not a #Ponzi scam, until the very last step, but it's OITO so even then there's deniability.
"I thought it would work, and so did everybody else."
Molly White
NiceMicro
🗦 𝙴𝚞𝚋𝚒𝚎 𝙳𝚛𝚎𝚠 🗧（🦣)