I work in finance and I have absolutely no idea what is going on with Binance, any of its related shitcoins, USDC, or any other wrapped or converted shitcoin on the ETH network, but I know it’s all a total fraud.

At least with old school Ponzis you had to con a sheik or a Russian oligarch. Now you just make money out of thin air, and it’s so convoluted that professionals like me can’t even figure out wtf is happening. I guess I’m impressed, kind of. Absolutely wild times.

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The ultimate black box situation

Watching them blow is up pretty fun 🤩