Stop me if you heard this: NY politician brought up corruption charges. It’s a story as old as time… or at least as old as New York City. Also in the news, conflict in the Middle East is heating up. Another hurricane ravaged Florida. And the dysfunction in the Cleveland Browns organization reached historic levels. Normally I couldn’t care less, about a New York mayor taking kickbacks, committing, fraud, and accepting bribes (allegedly, of course), but this one stings. I mean Eric Adams rode onto the scene with a Bitcoin-propelled rocket. The dude took his first three paychecks in crypto. This happened at a time when Darth Gensler aimed his Death Star at every crypto asset not named Bitcoin or Ethereum.
Critics claim his enthusiasm for blockchain only served as a distraction from his self-dealing. Does this mean crypto firms are less likely to pick the Big Apple as their base of operation? Maybe, but I still think the city has a leg up over notable financial utopias like Memphis, Flint, and Fairbanks Alaska. Let’s be honest. It’s hard for these blockchain execs to pass up the allure of Victoria’s Secret models and high-quality NYC cocaine.
How did we get to a place where Mark Cuban might be the best spokesman for crypto? Seriously, if one more person tells me I should invest in something because Cuban is involved I will convert my entire bag into Pokémon cards. I mean, he’s an advisor on about 300 different projects. No wonder he’s vying to become head of the SEC in a Harris administration. My guy went crazier with his Dallas Mavericks cash than I did with my COVID stimulus.
Anyway, back to Gangs of New York. Eric Adams, you wounded me. I trusted you. I believed you were different from the 109 New York City mayors that came before you. How can I trust anything anymore? If you weren’t real maybe nothing is. Maybe the US dollar is just a figment of the Federal Reserve’s imagination. Maybe global warming isn’t a George-Soros-funded hoax! Maybe the OF model I give half my paycheck to doesn’t actually love me. It’s time for me to do some soul-searching because I reject Mark Cuban as my crypto daddy.