Scott Robert
1 min readNov 19, 2022

--

If his $200 BB is in crypto, we can say goodbye to his oversized ego and pudgy self within a few years. Crypto is backed by nothing except well nothing like Dog Coin (dog shit for short). Well you say, the US DOLALR is not backed by anything after the gold standard is removed. Wrong, how many assets does the USA own, trillions and trillions worth. Maybe even the entire Is debt then some. Aircraft carriers to national parks are a few of the assets. Let’s be real, crypto is a Ponzi scheme that benefits the early players generally and leaves the new investors out in the cold mostly and more likely will pay out always. Fools and their money are easily parted. Musk will not be the richest man in the world for long. It took him only a handful of months to lose $44 BB. Only the tax loss write offs for being an ACTIVE investor will save him this time. Why do you think he became the sole everything. He crafted to get the write off once he found out 20 minutes into his new role he was out of his depth. He is a master of takeoff credit for others brilliance. That’s his magic and Wall Street falling for another Bernie Madoof with your loot!!

--

--

Scott Robert
Scott Robert

Written by Scott Robert

Disciple, Guardian of Democracy, Capitalist, Social Justice Warrior, Seeker of Truth and Advocate for the Oppressed.

No responses yet