Memories of the 28th Century

When I first heard of Bitcoin, I called it “tulip bulbs”, referring to the financial balloon in trading tulip bulbs in the Netherlands in the 1630's. The top of the market was something like 2500 guildhall, but they came back to earth. It doesn't bother me, if people want to thrown money away, but one of the a reasons for government to exist is to stop some people from throwing their money to people who are engaging in fraud.

Unfortunately, the U.S. Government has allowed many people to engage in fraud without any punishment. Maybe I am too soft-hearted, but I think that scammers who prey on the weakness of the intellect or other faculties of people should be prosecuted to the fullest extent of the law. There have been serious fraudsters operating freely in The U.S.A. for a long time. Andy Jackson ended the First Bank of the United States to make it easier for scammers to engage in financial scams. A few years later, a professional con-artist, Joseph Smith, set up the Mormon religion, and he was laughing for the rest of his life.

There were financial scams both small and large continuously, and snake-oil sales were famous, and they made money. And the government that should have protected people allowed those snake-oil salesmen to continue their frauds for a long time.

Over time, the financial scams became more sophisticated, but they never went away. There were regulations, but the scams continued under different names. Instead of Bucket Shops, there are Mutual Funds, but they do the same things. But I haven't figured out how crypto-currencies were allowed to pick the pockets of the ignorant. They have spread so widely that some people made money off the expansion, but it was simply a matter of greater fools coming along and increasing the wealth of slightly lesser fools.

The government has acted to prevent people from being killed by poisons that were sold as medicine, but they allow big pharma to sell tings of questionable value as monopolies, and scammer still do well, if they call something religion, but they have to follow the rules. But for some reason so-called crypto-currency has been allowed to continue, even though it is clearly a scam. They can't even figure out who started it (see the article link below).

I would love to start a religion, but I would admit that I couldn't prove any of it, but if I started selling tulip bulbs, I would expect to be arrested quickly.
This might be the right time to come up with some scam that would have no basis in reality.

Maybe it's something in the stars, because I got an email from an online scammer who had tried me before, but I did a little checking first, but she seemed to have forgotten what happened before.

https://u.today/fbi-breaks-silence-a...toshi-nakamoto