Farley on Nostr: Altcoin Scammers (e.g., LUNA, SBF, Do Kwon) Get arrested (eventually) Face trials ...
Altcoin Scammers (e.g., LUNA, SBF, Do Kwon)
Get arrested (eventually)
Face trials (when the grift collapses)
Exposed as frauds (publicly humiliated)
The Fiat Monetary System
Legalized counterfeiting (central banks printing at will)
No arrests (the scam is enforced by law)
Perpetual grift (taxpayers fund the theft via inflation)
The difference?
Altcoin scams fail fast.
Fiat fails slow—but burns everyone in the process.
#Bitcoin fixes this.
Published at
2025-04-04 02:02:35Event JSON
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"pubkey": "4f47fc9248595f9540679fe79e391e660cf24811e6236813be2bd595e79f126c",
"created_at": 1743732155,
"kind": 1,
"tags": [
[
"t",
"#Bitcoin"
]
],
"content": "Altcoin Scammers (e.g., LUNA, SBF, Do Kwon)\n\n Get arrested (eventually)\n\n Face trials (when the grift collapses)\n\n Exposed as frauds (publicly humiliated)\n\nThe Fiat Monetary System\n\n Legalized counterfeiting (central banks printing at will)\n\n No arrests (the scam is enforced by law)\n\n Perpetual grift (taxpayers fund the theft via inflation)\n\nThe difference?\n\n Altcoin scams fail fast.\n\n Fiat fails slow—but burns everyone in the process.\n\n#Bitcoin fixes this.",
"sig": "3b946b42cd32a03639215505a8d0e9ed0b91633aac890923994497079a0b742b277fe58afb961b3df37924550a552a90bdbed60801b626849b8d89bcf07fd34a"
}