The Week In Crypto In One Pic, One Clip, One Tweet & One Meme
“It is difficult to get a man to understand something, when his salary depends upon his not understanding it.” — Upton Sinclair
This clip has been broadly distributed and viewed. But what makes it so jarring is the host’s (Scott Wapner) disbelief that Chamath really believes that billionaires shouldn’t get bailed out.
We know the game is rigged. But it’s jarring to see a respected CNBC host find it incomprehensible that someone believes that the game shouldn’t be rigged. It’s jarring that Wapner asks “wouldn’t it be immoral” not to give trillions more to the .1% who paid themselves a trillion dollars just last year in stock buybacks.
While @femalelandlord was credited with starting the Money Printer Goes Brrr meme on March 1st, incorporating Jerome Powell in to the meme makes it all the more delicious:
I’ve long been a fan of Ari Paul, who had a deep immersion in traditional finance before becoming one of the leading crypto investors.
This pic simply and elegantly reveals the absurdity of the 1% getting bailed out while tens of millions of Americans are facing economic devastation:
Thx for the claps below (up to 50)!