Jamie Loftus

You cannot say this stock can't go down, right?

If you're a stockbroker, you cannot tell a client it is impossible for your investment in this company to fail because that would be a crime.

But with crypto...

You can say whatever you want.

It's uncharted territory.

You can do anything.

This is also a Ponzi scheme, right?

What fucking Madoff was doing is he had this investment portfolio that was, I forget what the exact, but it was promising an unbelievably high return and guaranteeing that people would get it, right?

And what he was doing is as new people put money into the investment, he was using their money to pay the old investors so that nobody noticed that things were fucking up.

But eventually new people stopped putting money into the thing and it all fell apart.

And a lot of people lost billions of dollars.

Right.

Like, yeah, I'm back.

He was also using a lot of that money to live, you know, an incredibly lavish rich guy life.

Anyway.

Yeah, but I mean, Selina, she did give you a kidney.

She did the thing that you would use as like a joking description of someone who'd done a lot for you to like hyperbolically say that you owed them a lot.

We weren't.

We were talking about Selena Gomez.

Let's get back to cryptocurrency.