You Shall Not Crucify Mankind on a Cross of… Crypto

Posted on May 11, 2025 by JMN

[photo from New York Times illustration]

With apologies to William Jennings Bryan, it’s called a “rug pull”:

A celebrity touts a new digital coin, prices soar and then insiders who own most of the coins pull the rug: They sell their stakes for a big profit at the expense of amateur investors who got in later.

For the portraitist, ever a student of faces, President Milei’s is a study in vulpine.


[photo from New York Times illustration]

[photo from New York Times illustration]

(President and sister.) [from New York Times illustration]

(Jack Nicas and David Yaffe-Bellany, “Milei, $Melania and Memecoins: Unraveling Argentina’s Crypto Fiasco,” New York Times, 2-28-25)

(c) 2025 JMN — EthicalDative. All rights reserved

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About JMN

I live in Texas and devote much of my time to easel painting on an amateur basis. I stream a lot of music, mostly jazz, throughout the day. I like to read and memorize poetry.
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2 Responses to You Shall Not Crucify Mankind on a Cross of… Crypto

  1. azurea20's avatar azurea20 says:
    May 11, 2025 at 11:47 am

    Ay, ese personaje que aspecto tiene…Es raro,raro.

    Liked by 1 person

    Reply

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