Yes please I’d like to apply to take out a loan for $1 million using this picture of an ape.
It’s like they want to be scammed on purpose.
this post was submitted on 26 Jun 2025
90 points (98.9% liked)
politics
24537 readers
2665 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
I have here a genuine, unique string of digits (I know it is, at least am nearly certain, it's a GUID).
You know what it's worth? Whatever some sucker will pay for it. Same as NFTs.
I'm sure that linking real estate assets to a volatile currency will totally work this time.
"25th time is the charm" they say.
Is anything stopping them at considering those assets, and valuing them at zero?
Lmfao what the shit is happening this is wild. It’s like they just decided to find all the ideas that are dumber than what started the 08 recession, and use them.
I have a Trump trading card I want to use as collateral. Also, several old freezer burnt steaks in my freezer should cover all of the fees.
2008 called and wants it's stupid fucking ideas back.
Turn your fake money and turn it into valuable assets the poor can't afford with their real money. Then simply rent out the property too the poors for twice the average family income.
I remember liar's loans and how much they contributed to the 2008 crash.
Now Trump and his gang are mandating that kind of chicanery?
It is far worse. Like the end of the dollar having any value sort of economic destruction.
A cryptocurrency wet dream idea to make dollars worth zero and fuck everyone not in the ownership class…
How is that different from using dollars?
Capitalists are already doing this with dollars and other forms of currency. Crypto is just one more scam just like money.
One of the actual valid reasons for a government is the regulation of a standard currency established via political policy and regulated by the rule of law.
Wildcat currencies only harm the most vulnerable and benefit the most wealthy.
Yep, cryptocurrencies are no more worthwhile than scrip, in-game tokens or Monopoly money.
unregulated currency is an unlabled casino
"One of the actual valid reasons for a government is the regulation of a standard currency established via political policy and regulated by the rule of law".
Said the libertarian
Do you not see the contradiction of your political beliefs?
Anarcho-capitalism is not an actual political ideology. It is a contradiction of two ideologies.
AYN RAND WAS A FRAUD.
AYN RAND WAS A FRAUD.
That implies she was deliberately deceptive. She was a crank, who believed her own bullshit, until it became inconvenient to do so.
And, despite libertarians' efforts to hijack it, state-managed currency has bugger-all to do with their defective, half-baked theories.
Library-socialist actually.
Odd that you think that a standard medium of exchange in a resource bound economy is a libertarian idea given that it predates capitalism and liberalism by more than a millennium.
I mean that's pretty much the entire current plan of this administration
Can the consideration be "this person makes poor financial decisions"?
The thing with cryptocurrencies is, if you create it out of thin air, mine it, hawk it or hoard it, you're a "crypto investor" - i.e. a swindler - and you can be said to be making good financial decisions - albeit not very moral ones - since you're probably making money out of the scam. However, if you buy or spend crypto and you think it's an honest alternative to traditional currencies, you're clearly a mark.
This mortgage thing puts anybody who goes for it squarely in the second category. Nobody who's in on the scam would do it.
"The agencies were also instructed to consider other modern non-dollar assets such as Pokemon cards and Beanie Babies" /s
I'm going to qualify for a $2M mortgage with my pogs as collateral.
Nice humblebrag. You don't need to use the plural of pog in your post here when you only have a single mint condition Alf pog as your $2M asset.
Pretty soon I will be able to use my boardgame collection as collateral for a mortgage.
Well I’m urging them to do no such thing and I’m also urging whoever urged them to go ahead and fuck off.
Banks should consider anyone with heaps of crypto as easily duped.