Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by lavezzi on Tuesday February 18, 2025 @10:34AM
(#43090693)
> You lack the gift of nuance
No, I lack patience for obvious bullshit, and to even attempt to defend such an obvious grift is genuinely pathetic.
> Trump didn't suggest it was an actual investment vehicle, also he did it out of office.
Let me paraphrase: "Trump said it was a scam up-front, so therefore he's absolved of any responsibility for it being a scam. Trump announced his scam three days before his SECOND inauguration, therefore there is no conflict of interest or abuse of power."
You lack the gift of nuance, your axiom is crypto=bad, so you are not seeing any difference between what the coin was technically and how it was sold, and that very difference is the basis of fraud.
A "financial instrument to help finance small Argentinan enterprises" would be a completely legitimate enterprise, it implies that whatever money is deposit will go towards that purpose.
I heard the trump thing and it's hearsay for now. They are two different cases, Trump didn't suggest it was an actual investment vehicle, also he did it out of office.