BUSINESS

Letter: Close Stablecoin Loophole Before South Carolina’s Economy Gets Hurt

“This isn’t a partisan issue; it’s an economic one…”

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Dear Editor, South Carolina has long benefited from Senator Tim Scott‘s leadership. As Chai
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1 comment

Bill May 5, 2026 at 7:12 pm

All Cryptos are simply: PONZI SCHEMES, ALL OF THEM. This is the one major issue that Trump could be impeached on. He has actively pushed Cryptos, even appointed a cabinet head to be in charge of keeping them legal. Trump’s family and him are enriching themselves selling their own Cryptos. The Democrats could easily impeach Trump for enriching himself at the direct ripoff of US Citizens. They don’t do it, Because: Democrats are in on the SCAM TOO. Both parties are robbing stupid people of fortunes with worthless Cryptos. Which are used by Criminals to launder stolen money, hijack computer networks, and hold people and companies hostage for Crypto money.

Cryptos are the Single biggest threat to the US Dollar and US Economic security. Foreign Country enemies of the US are right now using Cryptos to destroy the US Dollar. Which if left to its ultimate end; will cause the USA not to be able to pay our ever increasing debts. A financial disaster that will bring down the US Economy, Government, and cause a much worse 1930s style worldwide depression.

No one is listening. Wall Street, the center of the world’s global gambling ripoffs, is “all in,” on Cryptos. Even though Wall Street suckers will be the ones left financially destroyed. A typical outcome from the numerous Wall Street gambling ripoff creations: Derivatives, Puts, Calls, Options, SWAPS, Private Credit Scams, Credit Default Swaps, ETF’s and on and on.

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