> the hotels were functioning that way through the entire administration last time
Sure, but it's a matter of scale. It's difficult to rent a billion dollars worth of hotel rooms.
> and the $DJT stock is already doing this as well
Yep, that's another scam.
> What you’re pointing out is just not a unique aspect of crypto
Yes and no. Crypto offers a uniquely unregulated and perhaps unregulatable means for malfeasance. NASDAQ tickers are tame in comparison.
Fwiw, the moral of the story is not "all crypto is evil" but rather "crypto should be regulated like any other instrument in order to prevent fraud" and perhaps as a corollary "sitting presidents shouldn't be issuing their own meme coin."
Sure, but it's a matter of scale. It's difficult to rent a billion dollars worth of hotel rooms.
> and the $DJT stock is already doing this as well
Yep, that's another scam.
> What you’re pointing out is just not a unique aspect of crypto
Yes and no. Crypto offers a uniquely unregulated and perhaps unregulatable means for malfeasance. NASDAQ tickers are tame in comparison.
Fwiw, the moral of the story is not "all crypto is evil" but rather "crypto should be regulated like any other instrument in order to prevent fraud" and perhaps as a corollary "sitting presidents shouldn't be issuing their own meme coin."