#EndorseThis: Late Night Explores The Mystery Behind Bitcoin

#EndorseThis: Late Night Explores The Mystery Behind Bitcoin

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.

 

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

With Passage Of Aid Bill, It's Ukraine 1, Putin Republicans 0

Presidents Joe Biden and Volodymyr Zelensky outside Mariyinski Palace in Kyiv, Ukraine on February 20, 2023

That whisper of wind you heard through the budding leaves on trees this afternoon was a sigh of relief from soldiers on the front lines in Luhansk and Donetsk and Zaporizhzhia as the House of Representatives overcame its Putin wing and passed the $95 billion aid package which included $61 billion in aid to Ukraine.

Keep reading...Show less
As Nebraska Goes In 2024, So Could Go Maine

Gov. Jim Pillen

Every state is different. Nebraska is quite different. It is one of only two states that doesn't use the winner-take-all system in presidential elections. Along with Maine, it allocates its Electoral College votes to reflect the results in each of its congressional districts.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}