cryptocoin coincidence
Nov. 1st, 2026 07:32 pmIn the spring, I saw a trailer for Ben McKenzie's documentary
"Everyone is Lying to You for Money," about Bitcoin and other cryptocurrencies. I waited for it to show up at the local theater, but if it did, I missed it. Today I was scrolling and found that I could watch it. It was informative and entertaining (and sad, and infuriating).
https://youtu.be/hEXxAOFqv4U?si=Uee-TbKoGnRmgQgv
It's a coincidence because a few days ago we learned that North Korea (allegedly) had hacked Binance.
https://www.npr.org/2026/10/31/nx-s1-6024426/binance-crypto-heist-cyber-criminals-north-korea
When I heard the news, I unkindly thought "That's nice,"
not minding that the suckers were not being given an even break, but I am working on developing some empathy.
How can anyone not see cryptocurrency for the Ponzi scheme that it is?
Fun fact: Mr. Ponzi bought a house in Lexington.
Edited to add: Binance has said it will refund the investors, which is way better than many of the crypto companies do. We'll see if it happens. I don't think anybody in North Korea will profit financially, but it's a propaganda win.
"Everyone is Lying to You for Money," about Bitcoin and other cryptocurrencies. I waited for it to show up at the local theater, but if it did, I missed it. Today I was scrolling and found that I could watch it. It was informative and entertaining (and sad, and infuriating).
https://youtu.be/hEXxAOFqv4U?si=Uee-TbKoGnRmgQgv
It's a coincidence because a few days ago we learned that North Korea (allegedly) had hacked Binance.
https://www.npr.org/2026/10/31/nx-s1-6024426/binance-crypto-heist-cyber-criminals-north-korea
When I heard the news, I unkindly thought "That's nice,"
not minding that the suckers were not being given an even break, but I am working on developing some empathy.
How can anyone not see cryptocurrency for the Ponzi scheme that it is?
Fun fact: Mr. Ponzi bought a house in Lexington.
Edited to add: Binance has said it will refund the investors, which is way better than many of the crypto companies do. We'll see if it happens. I don't think anybody in North Korea will profit financially, but it's a propaganda win.


