home.social

#ponzi — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #ponzi, aggregated by home.social.

fetched live
  1. I really want him to be right. Also I really don't want my parent's pension to collapse...

    #AIDoom #Enron #Ponzi

    youtu.be/bTwnn-5TpmQ

  2. 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

    wheresyoured.at/the-subprime-d

    #Auspol #AI #OpenAI #Anthropic #Ponzi #Enron

  3. "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."
    memeburn.com/doj-drops-bitclub

    #Tech #Law #News #US #USA

  4. RE: mastodon.social/@Viss/11680705

    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.