General Discussion

"Crypto is basically a pyramid scheme, with early investors dumping their tokens when the price rises," wrote Jonathan Taplin in The End of Reality: How 4 Billionaires Are Selling a Fantasy Future of the Metaverse, Mars and Crypto.

I have recently been doing a deep dive on cryptocurrency. Most of the books written so far appear to reach this stark conclusion.

By convincing people to pay "real money for fake money," the people at the top of the crypto pyramid have amassed tremendous wealth. And now these wealthy "cryptopians" want to translate that wealth into political power. They very openly seek to topple the US dollar and replace it with crypto.

And in 2024, these crypto guys are becoming a major force in American politics. A $200 million crypto-funded PAC has quickly become one of the major players in this election cycle. Its main goal is to stock Congress with crypto-friendly politicians and, of course, to influence the presidential race.