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mizmoxiev t1_jeae0u2 wrote

Yeah it's all pretty much a ruse that's what I mean lol

The market goes up and down daily and weekly and monthly in amounts that crashed the 2008 Market. Not just mortgages but we have also seen "bank created wealth" and "the value of art" etc be just as much of a fraud for 1%ers to wash money as it ever has been

I think fintech has the potential to be even more damaging because some of those old safeguards made it so that very small groups of people were committing money with large amounts of wealth. I'm sure they have mitigations and stop gaps in place if things get too hairy, or I would like to believe that 😹

We have a lot more to lose this go around

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