682
Crypto genius
(lemmy.world)
"while your investment appreciates in value", hopefully.
Even if it loses 90% of its value it's still a win if the money came from credit cards you never paid back. Although the couple of hundred bucks you get might not be worth the hassle
You will also be unable to take out any debt upon release. It's difficult to get credit as a released felon without a history of defaulting on debt.
So, being generous and saying that he sees a 4% return on his investment, he'll have slightly more than he went in owing, and will be completely unable to even get a car loan, a decent job, or place to live.
He will have turned 0 dollars in to a lifetime of hardship.
Correction: He will have turned 0 dollars into a lifetime of hardship and a few hundred dollars.
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In prison.
Butthole destroyed.
Make check on coin.
Massive loss in value.
No.
Just so you know you don't need to go to prison in order to get your butthole destroyed. It's much easier to just go on Grindr, which is only an emotional prison.
Fun fact you also don't need to go to prison for your crypto to depreciate!
There is a different story here, hidden beneath the floor boards.
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You'd still owe that debt. Unless you go to prison for live than the debt's statute length. Generally 7 years.
Also some jurisdictions make you pay for the privilege of going to prison.
Ymmv, choose your state of jurisdiction very carefully.
Also crypto is a bubble IMO.
IMO nothing, it's pure speculation powered by nothing but blind greed. If it isn't a bubble, then nothing is.
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Wait if you can avoid debt collectors for 7 years they just forget about you?? Like I could fuck off to another country where they can't garner my wages and come back and they can't do shit about it?
It’s not that clearcut: they have various tricks to keep it alive, if they know where you are. This is why you never admit to a debt nor pay the token amount they offer; both are tricking you into legally claiming responsibility, so they can keep the debt alive
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I think you would make more money if you gave handys behind the Wendy's dumpster every day for 7 years.
> Realise you still owe the credit card debt.
Declare bankruptcy!
I didn't just say it, I declared it
Just commit a crime with a longer sentence than your state's statute of limitations.
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You already fucked up in step 2
Come to that you fucked up in step 1. Do you really think the credit card companies are gonna let that debt just sit there not accruing interest and not send debt collectors to your house while you're in jail?
Not if you sell your house to buy more crypto ;)
:o
Let's go one further:
-
Get turned into a vampire
-
Buy crypto
-
Go sleep in your coffin for 100 years
-
???
-
Profit
~~5. Profit~~
-
Realize it's at 0$
-
Cry
-
Remember you bought doge because Elon Musk said so
-
Cry
Most sane crypto bro
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You'll have to somehow launder that crypto first.
You probably wouldn't need laundered crypto, but you would need to be able to hide it from the bankruptcy court. This only works if you can clear the credit card debt.
Monero doesn't need to be laundered.
It does if you want to spend it in any meaningful way
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What country does anon live in, where prison food and housing is free?
a country that has any reasonable human rights?? well unless you mean "free" in the general sense in that someone does have to pay for it even if not the prisoner...
(The shithole states charge prisoners for room and board)
WHAT
THE SHITHOLE STATES
CHARGE PRISONERS
FOR BEING IMPRISONED
Sorry I know sometimes you need to yell to be heard through the internet tubes
The internet is not
the internet, is not a big truck
itititit's a series of TUBES
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What do they do if you dont pay? throw you in double prison?
I know someone who did this. Now, He is in Loss.
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Someone actually did this, then built a nuclear fallout shelter in their backyard in the middle of some city, but he did it all redneck and it blew up or something while building an underground generator or something and killed a 17 year old kid, he went back to jail, got out after another crypto spike, tried to cash out and immediately got sued by the family of the dead kid for wrongful death and got sued by the IRS for back taxes. It's a fucking rabbit hole of a story.
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the IRS TAXMAN finds out and resizes anons rectum in search of the missing funds
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Fuck 4chan
Fast and easy way to contract a disease. Wouldn't recommend
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this post was submitted on 07 Dec 2023
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