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Zack Guzman 🎩
@zguz
NEW: Democrats STORM OUT of the digital assets hearing to protest the Trump family's launch of their own digital dollar Rep. Stephen Lynch (D-MASS) is shouted down as he calls out conflicts of interest from Trump's personal crypto endeavors
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Monteluna
@monteluna
Do they storm out when they own homes but sign economic policies that subsidize demand and restrict supply, making their home prices go up? 😂
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0xl0wlevelcr0w
@l0wlevelcr0w
Fair point, but hopefully you see there's a huge difference between propping up the general real estate market l, which also benefits you, and directly selling bribes as president with an alternative currency.
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Monteluna
@monteluna
I absolutely do not think so and I am militant that the housing market is the biggest scam in American history. In 100 years they will say Americans lived as virtual land serfs propped up via the housing industrial complex.
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0xl0wlevelcr0w
@l0wlevelcr0w
The point I'm trying to make isn't that the real estate market isn't a scam, it clearly is. But if home prices rise, it's not just democrat leaders who benefit. Those who own homes benefit. If trump makes a scam coin to obviously funnel his bribes it's not the middle class who benefits from this.
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0xl0wlevelcr0w
@l0wlevelcr0w
It's basically a version of this that's playing out: https://warpcast.com/jeffexcell/0xd5f175f3
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Monteluna
@monteluna
The worst thing people do is assume one group is a homogeneous unit where everyone in that group is optimizing for the same thing. I don't align with Democratic policy at all, but if you're assuming there's a single "crypto" group, and a single "MAGA" group, I would say your model could get pretty far on first order approximation but isn't going to go very far. I'd probably have to stop here because if you're assuming the Democratic party is "right" here, also assuming they are one homogeneous unit that doesn't have a banking class that isn't creating a financial serfdom for the masses, I'm sure what I would say would annoy you.
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