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The first signs that the Bitcoin bubble will implode have appeared on the financial horizon, with sudden deep drops and spikes in value that do not augur well. Catastrophic losses, when they occur, should be no surprise — because the crypto-currency is essentially a scam that attracts right-wing rubes into handing over real dollars for something with zero intrinsic value.

Of course, the far right financial geniuses who have made fast profits by touting Bitcoin never tell the suckers that they’re buying nothing but a number cooked up by an algorithm — or that there is an infinite supply of that numerical commodity.

But Late Night with Seth Meyers offers this “commercial” that depicts what happened to a housewife who entrusted her kids’ college fund to the latest digital investment. Very funny, except that if it hasn’t already happened to some sad boob, it will soon.

 

Official White House Photo by Joyce N. Boghosian

Reprinted with permission from Alternet

President Donald Trump showed his ineptitude and disregard for democracy on Wednesday during a press briefing when he was asked about the peaceful transfer of power after the election.

A reporter asked: "Will you commit to making sure there is a peaceful transferral of power after the election?"

"Well, we're going to have to see what happens," Trump said.

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