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36 points
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27 points

If I remember correctly, the money is fucking gone too. That’s why they won’t give people access to their funds.

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Yeah, even if it’s somehow not legal, good luck ever getting it back. No one will face any consequences for this.

“You knew I was a snake”

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Where did it go lmfao

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4 points

That’s the neat part

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13 points

Holy shit so it’s Mt. Gox all over again?

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7 points

I remember that. White dude was living it up in Tokyo on other suckers’ bitcoin, what ever happened to that dude?

After the collapse of Mt. Gox, Karpelès joined London Trust Media, the company behind Freenode and Private Internet Access, as its CTO in April 2018.

:deeper-sadness:

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15 points

Sorta and also malicious negligence

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Well it’s legal as crypto esssentially isn’t regulated. Annoyingly the only reason it isn’t considered a security is the environmentally damaging parts of the process count as a loophole against regulation for securities fraud.

the whole thing is dumber and more malicious than you can possibly imagine

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44 points
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20 points
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probably there will be stochastic violence but a good portion of it will be essentially random and probably just include them being more prone to violence in their personal life.

also the majority of crypto buyers are likely just gambling with money they can’t afford to lose. I’ve known people who crypto was very important to them and I would describe their mentality as more thinking of it as a gold rush where it was important to them that there was an untapped source of wealth out there for the taking.

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39 points

We didn’t get any out of the 08 crisis, and that was wider ranging.

It’ll mostly just be suicides.

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that and you get upticks of domestic abuse in times of economic hardship.

the post illustrates a lot of that as the financial stress both puts strain on relationships and makes people tired and stressed all combining to make them at their worst

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42 points
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17 points
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