Where Are They Now?! (Grifters Gotta Grift, Part Infinity)

Proposed Grifter BitCoin design?

Economics ignoramus (ALLEGEDLY!) Stephan Moore, Comrade Stupid’s failed nominee to the Federal Reserve, is not a man to be discarded lightly, you must throw a grifter like him with a great amount of force:

After Stephen Moore’s failed Fed bid, he’s creating a crypto central bank:

“Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is now looking to start his own mini-Fed through the creation of a cryptocurrency product that is billing itself as “the world’s decentralized central bank,” FOX Business Network has learned.

“Moore has joined a group of entrepreneurs who are starting what they describe as a new type of central bank they believe will stabilize cryptocurrencies like bitcoin and its myriad of imitators, according to an investor pitch deck obtained by FOX Business and interviews with people associated with the effort.”

Decentral, as this cryptocurrency bank wants to be nicknamed, will attempt to perform Fed like duties to regulate the supply of cryptocurrencies in the same way as the Fed controls the supply of money for the U.S. economy. Good luck with that, buddy.

So what, exactly, is Moore doing?

“Moore’s role is somewhat unclear. For now he is the group’s chief economic officer and will report to tech entrepreneur Sam Kazemian, Decentral’s chief executive officer. In a brief interview, Moore described the Decentral crypto as something similar to what social media powerhouse Facebook is planning with its new Libra token—namely a payment method that is also pegged to a stable currency and could offer uniformity and reliability in the crypto world that is currently fractured among various different currencies.”

Yeah, but what is he really doing?

“I’m really excited about doing this,” Moore said. “I hope it makes me rich.”

Okay, then!

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7 Responses to Where Are They Now?! (Grifters Gotta Grift, Part Infinity)

  1. roket says:

    WARNING: A decentralized central bank is an oxymoron. If the poor sap can’t be in charge of real money then he can be in charge of fake money, dammit.

    Liked by 1 person

  2. moeman says:

    Every fucking tRUmp appointee that gets in is in to make him/herself rich. Nothing else matters. This slime will fuck you in the dark to be wealthy.

    Liked by 1 person

  3. Googled the CEO, hooo boy is that a vortex of technobullshit. Moore will fit right in. I mean, who wouldn’t be excited to work with currencies that excitingly combine all the disadvantages of fiat currency with all the disadvantages of a hard currency, and blend it all into a rich stew of criminals, con artist scammers, thieves and marks staunch libertarians!

    Liked by 1 person

  4. Big Bad Bald Bastard says:

    The libertarian tech bros who are heavily involved in cryptocurrencies are the last people who want this sort of centralization. This will never fly.

    Like

    • tengrain says:

      B-4

      I also think they are totally on the wrong path with this. Unless he really thinks that FB is going to go with Libra, and who’s ever been screwed by FB and Faceberg?

      Rgds,

      TG

      Like

  5. Bruce388 says:

    I wouldn’t trust my pocket change to Wacko Stephen Moore. If he does manage to get rich he can catch up with his alimony/child support payments.

    Like

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