this post was submitted on 18 Feb 2025
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The Argentine President promoted a cryptocurrency that promptly collapsed after its price increased. The opposition is demanding impeachment proceedings against the president. More than 117 complaints regarding $LIBRA have been filed in the Argentine courts.

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[–] slingstone 22 points 2 days ago (3 children)

Haven't Trump and his Mafia been promoting crypto lately? Is this a preview of things to come for us in the States?

[–] fluxion 6 points 2 days ago

Where you been? Trump already pumped and dumped his shit coin, Melania too. Not a peep. That's probably where this clown got the idea.

[–] [email protected] 7 points 2 days ago

Hopefully it will happen faster here.

[–] [email protected] 5 points 2 days ago (1 children)

The Conservative leader In Canada (Pierre Poilievre) as well. I wonder why right-wingers are so focused on circumventing the state?

[–] [email protected] 2 points 2 days ago

Lil PP was promoting Bitcoin but hasn't talked about it since 2022.

Trump is using a shitcoin to finance himself without any traces of who is financing him.

[–] misterdoctor 2 points 2 days ago

Milei in the thumbnail

[–] [email protected] 1 points 2 days ago (1 children)

Won't happen. It was a pump and dump from the beginning and anyone who lost money paid the idiot tax.

[–] LongLive 16 points 2 days ago (1 children)

While I understand your sentiment, it is unethical (which is confusing at times), to tax people because of their inability to make financially sound decisions. It is in the governments interests and duties to educate people to protect them from foreign and domestic bad actors.

[–] [email protected] 1 points 2 days ago (1 children)

The idiot tax isn't an actual tax...

[–] LongLive 1 points 2 days ago

I guess you intend to convey that the "idiot tax" is a metaphor for the misfortune people suffer from their own (perceived) mistakes.

Though I cannot control language, I am of the opinion that lotteries are an example of the "idiot tax", both in metaphor and finance.