Some Democrats Endorse Bill Allowing Elon Musk to Create His Own Currency

[slightlv]

13. Maybe I'm just too old to see any good that can come from this,

but I can sure see the evil surrounding it. If the criminals and oligarchs want it so badly, that ought to be the "tell" that it's to the normal person's detriment.

All I've seen it do is bankrupt people (or come close to it), and be a great vehicle for laundering money. It squanders our planet's finite resources for the advantage of a very few people and is not accepted anywhere else as legitimate currency. If they want private currency so bad, why don't they just take out their old board games of Monopoly and use the play money that came with it? Seems to be about the same, to me. Like I said, this may be one of those things I really am just too old to "get." And I am willing to admit it.