kleptocurrencies, anyone
the journal of Michael Werneburg
twenty-seven years and one million words
Kokubunji, 2023.01.28
I watch the Youtube videos of a former hedge fund manager who explains who things like financial scams and Elon Musk work. In this one, he's discussing some musicians who decided to get in on the crypto fraud bandwagon and have "rendered their investor's money inaccessible". One of the commenters referred to everything that's been going on as "crypto klepto" and I reckon kleptocurrency is as good a name for these things as anything. Now, after a decade or so, can we stop with this crap?