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Alan Ivory's avatar

“…almost certainly in violation of the emoluments clause…”.

It’s journalistic language like this that’s past its use-by date. Along with “dubious” and the like. I know it’s traditionally recognised as responsible journalism but it weakens, waters down, a proposition leaving low information readers discounting at best, dismissing at worst, the fact put forward.

Trump’s crypto scam, along with its mechanism for receiving bribes, is in violation of the emoluments clause.

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Jeff's avatar

What can you buy with crypto other than illegal drugs and firearms? Ben’s discussion of its cyclical nature was interesting, but history teaches us that private currencies always crash. Always. Eventually. Private currency illiquidity was at the heart of all the late-19th-Century panics that seemed to happen every seven years. 🤔😉😊

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