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    James Gleick (gleick@mas.to)'s status on Thursday, 08-May-2025 04:01:32 JST James Gleick James Gleick

    Here's how the Trump crypto racket works:

    In four months, 58 "wallets" have made at least $10 million each—more than $1 billion in total gains.

    At the same time, 764,000 wallets have lost money. Because that billion dollars had to come from somewhere.

    That's 58 big winners and 764,000 losers. A metaphor for the Trump economy, too.

    https://open.substack.com/pub/heathercoxrichardson/p/may-6-2025?r=g7z5&utm_campaign=post&utm_medium=email

    #crypto

    In conversation about 14 days ago from mas.to permalink

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