History's Largest Financial Scam - Cryptocurrency

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Cryptocurrency, led by Bitcoin have exploded to a near 2 trillion dollar market cap, but as the industry grows, the danger rises. Crypto is not just a risky investment, it is also a wealth redistribution mechanism that funnels capital from the poor, to the rich.

Crypto is misunderstood in one of the most dangerous ways possible, while functioning as an elitist and criminal safe haven of the worst kind.



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RESEARCH:

https://www.frontiersin.org/articles/10.3389/frai.2021.718450/full

https://www2.deloitte.com/us/en/insights/industry/financial-services/evolution-of-blockchain-github-platform.html

https://archive.is/QCBl7#selection-833.0-833.233

https://www.piie.com/blogs/north-korea-witness-transformation/distribution-income-north-korea

https://blog.parsiq.net/distribution-of-wealth-in-cryptocurrencies/

https://arxiv.org/pdf/2002.11387.pdf

https://arxiv.org/pdf/2101.10699.pdf

https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=3195066

https://www.bloombergquint.com/onweb/tether-says-stablecoin-is-only-backed-74-by-cash-securities

https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether

https://www.indexmundi.com/facts/indicators/SI.POV.GINI/rankings




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#bitcoin #cryptocurrency #crypto