I seriously don't know the difference between the concept for bitcoin and what Bernie Madoff.

[bucolic_frolic]

5. It's very conflicted in my mind too

First they said there would be bitcoin. And only X number would ever be minted. Now they're up to 21,000? And there are other crypto's proceeding apace. Euthereum, etc. And mining company after mining company. And StableCoin is linked to US Treasuries. And all the tech and electric to use it and mint them. To me it's infinite expansion of the money supply. Off the books of the US Dollar so to speak. It will be used for political control. Every transaction public. Cash will all but disappear. Soon.

The last bio of Madoff was fascinating, though I had to give it up 1/2 way through. 11% of Madoff's business was legitimate. Traded covered calls off the stocks he owned, and he turned a profit on it. But eventually he had so much cash and so much stock that the options markets were too small to execute the strategy. So he warehoused everything and invented financial statements and client reports. Or at least that's what I thought I read.

https://www.goodreads.com/book/show/199797519-madoff