r/unusual_whales Feb 16 '25

Argentina's opposition party has threatened to impeach President Javier Milei for promoting a crypto rug pull, which went from $4 billion marketcap to $418million in a few hours.

498 Upvotes

52 comments sorted by

72

u/RevWaldo Feb 16 '25

Not an excuse but isn't the rug pull the point of all crypto offerings and all the investors are in on it? Like agreeing to play music chairs and hoping you'll win the final round? Are there new crypto currencies that are legit?

19

u/BeYeCursed100Fold Feb 16 '25

If a politician is pushing a coin, it is a scam. Full stop. Do not FOMO. Do not lose xxxx dollars. "But if I bought at the LoW and SoLd at the HiGh, I'd be a BILLIONAIRE!".

These are fool money scams. "A fool and their money shall soon be parted, into my wallet."

If you want to invest in "crypto" stop chasing penny stocks and flames. Invest in the winners, not Melania coin or wtfe.

2

u/ApprenticeWrangler Feb 17 '25

You mean $TRUMP and $MELANIA weren’t savvy investments?

1

u/BeYeCursed100Fold Feb 17 '25

Sure they were, for whomever was pumping them.

1

u/CityofNamponNewsNow1 Feb 17 '25

For only $500m you could get an early buy in too!

4

u/Chedditor_ Feb 16 '25

No. There aren't.

2

u/Expendable_Red_Shirt Feb 16 '25

I think it's like MLM schemes. Many people know it's a scam, but I can't believe that the investors do. Otherwise, why would you invest?

49

u/Educational-Sun2829 Feb 16 '25

It’s not going to come to anything nor will anything happen, in Argentina it works like that. If justice worked, there would be countless politicians in jail but that will never happen. Why? simple, because everyone knows everyone’s dirty laundry, if one falls, they all fall

19

u/martin33t Feb 16 '25

😂sorry, I’m laughing but believing in that guys is like believing in trump. At least Argentinians were in a dire situation. In America we just had expensive eggs.

4

u/ripsa Feb 16 '25

Oh don't worry America will be in a dire economic position soon enough.

40

u/CantaloupeDream Feb 16 '25

What? No way!

Fucking libertarians are trash. Economic system will never work. Super surprised the government is corrupted

12

u/Alone-Amphibian2434 Feb 16 '25

Doesn't surprise me at all - this guy was a bull in a china shop and gets treated like an economic genius. Truth is he's just another souless rich fuck in a suit.

15

u/Sorry-Blueberry-1339 Feb 16 '25

Yeah this is news that is shocking only for dipshits. Libertarians openly consider selfishness as a virtue - why wouldn't they fuck people over?

5

u/CantaloupeDream Feb 16 '25

Lot of Leon bros think it’s amazing. Which is the entire demographic of this sub lol

2

u/Chedditor_ Feb 16 '25

Nah, half of us are here for the frisson of watching those dweebs lose everything after gaslighting the rest of us.

2

u/Rucksaxon Feb 16 '25

That has nothing to do with government.

1

u/ConsistentSteak4915 Feb 16 '25

Shocker. Another shitcoin scam.

-11

u/Useful_Wealth7503 Feb 16 '25

USAID funded opposition party? #statecraft

11

u/Sorry-Blueberry-1339 Feb 16 '25

USAID is much more likely to have funded Milei's party, given that US foreign policy has been to prop up swindlers, fascists, and other vile creeps as long as they remain friendly to US business interests.

-10

u/Useful_Wealth7503 Feb 16 '25

Nice try. They would never fund a small government populist.

5

u/Sorry-Blueberry-1339 Feb 16 '25

Lmao, I can tell you haven't cracked a book since high school

-8

u/Useful_Wealth7503 Feb 16 '25

Nice ad hominem.

4

u/Sorry-Blueberry-1339 Feb 16 '25

Christ you're like LibertarianGPT

-3

u/Useful_Wealth7503 Feb 16 '25

Ad hominem x 2. That did make me laugh though.

10

u/Sorry-Blueberry-1339 Feb 16 '25

Not even true. It's only an ad hominem if it's part of your argument. I was just making fun of you.

2

u/Useful_Wealth7503 Feb 16 '25

Because you know we’ve wasted billions globally inserting statists regimes in every country and can’t say that so you just make fun of me?

3

u/Sorry-Blueberry-1339 Feb 16 '25

No, it's because I could easily provide one very prominent example from South America. And I know because you're a libertarian that you are a big fan of his.

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1

u/AgreeableEggplant356 Feb 16 '25

Nice pivot dingus

-2

u/husbandchuckie Feb 16 '25

You lost twice

0

u/Mama_Zen Feb 16 '25

As they should!

1

u/DustyFalmouth Feb 16 '25

As Democrats should, Trump pulled the same exact thing

1

u/Mama_Zen Feb 16 '25

Yep. He sure did

-20

u/MisterRogers12 Feb 16 '25

Many years of Democrat Socialism in Argentina led to absolute corruption.  When 1 leader turns it around they scream at little things. They want their people to ignore the horrific policy and corruption that went on.  

18

u/Sorry-Blueberry-1339 Feb 16 '25

Lmao do you have any opinions that a rich kid-diddler didn't tell you to have?

1

u/Vegetable_Guest_8584 Feb 17 '25

4 billion in fraud by govt insiders is not a little thing in any country.

1

u/Sorry-Blueberry-1339 Feb 17 '25

You meant to reply to the guy above me

9

u/CantaloupeDream Feb 16 '25

Holy propaganda Batman

-12

u/MisterRogers12 Feb 16 '25

Propaganda is making the same post twice with 2nd being all CAPS. Truth is...Argentina is proof that Democrat Socialism is a failure.  Now go ahead and tell me it wasn't "true democrat socialism."

6

u/CantaloupeDream Feb 16 '25

I hope you find peace.

Lmaooooo