A cryptocurrency financial crisis, US
Robert Reich: *In effect, [the corrupter] is writing the rules for a
[cryptocurrency] business venture from which he and his family are personally
profiting. It
could earn them hundreds of billions
of dollars.*
All regulations that might get in the way are being changed
or will be ignored.
I expect the direct victims to include the
magats
that will put money into them because they trust
the corrupter.
But we can all lose a lot if banks' holding those crypto-coins and it
causes them to get in some kind of trouble.
It is also a great opportunity for indirect bribes. *Any wealthy
person, corporation, or foreign leader wishing to curry favor with
Trump now has a particularly easy means — just buy
$TRUMP and $MELANIA cryptocurrency tokens.*