#ponzi — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ponzi, aggregated by home.social.
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I really want him to be right. Also I really don't want my parent's pension to collapse...
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AI compute demand does not exist at the scale that it needs to, will likely never reach that scale, and data center construction is a debt-funded asset bubble with ruinous consequences.
There Is Over 15 Times More Data Center Capacity Being Built Than Actual Data Center Demand, Which Is Already Inflated By OpenAI and Anthropic
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"The DOJ plans to dismiss all charges against Matthew Goettsche, the alleged mastermind behind the $722 million BitClub Network crypto #Ponzi scheme...
Goettsche's defense team included lawyers w/direct ties to the #Trump admn...
Three co-defendants already pleaded guilty, but the alleged ringleader now walks free.
The move follows a broader #DOJ retreat from #crypto enforcement, including pardons for Binance founder CZ & BitMEX executives."
https://memeburn.com/doj-drops-bitclub-crypto-fraud-charges/ -
@Chris_Norlund on YT!
Elon's SpaceX just loss $1 trillion
https://www.youtube.com/watch?v=W5qxCOIau6k
7/16/26
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RE: https://mastodon.social/@Viss/116807050210363055
Let’s face it.
The entire #tech sector is now a giant #Ponzi scheme built on financial legerdemain.
It’s grift all the way down.
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(presented without comment)
❝ SpaceX Stock Has Officially Fallen Below Its Opening Price https://futurism.com/space/spacex-stock-fallen-below-opening-price