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U.S. Housing Agency Considers Launching Crypto Experiment (www.propublica.org)
submitted 2 months ago by sc_griffith@awful.systems to c/buttcoin@awful.systems
18 comments fedilink hide all child comments

introducing speculative assets into the housing market has caused some problems before.

it's for corrupt purposes, of course:

The blockchain idea is being pushed, a HUD official told colleagues, by Irving Dennis. Dennis, the agency’s new principal deputy chief financial officer, is a former partner at the global consulting giant EY, also commonly known by its original name, Ernst & Young. EY itself is involved in the proposal as well: An executive of the firm discussed the idea with HUD officials last month.

a followup story: https://www.propublica.org/article/hud-cryptocurrency-blockchain-democrats-maxine-waters

archive link: https://web.archive.org/web/20250329193844/https://www.propublica.org/article/hud-considers-crypto-blockchain-stablecoin-housing-urban-development

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[-] froztbyte@awful.systems 9 points 2 months ago

oh wow I haven't seen this vain and unmodern lazy coiner defense since probably 2015! retro

but simply that. merely retro. lacking in style and substance, and comprehensively having missed the interceding decade

like a reunion album but everyone's tonedeaf

[-] Vanilla_PuddinFudge@infosec.pub 1 points 2 months ago

shock and awe at my argument

mocks it

The arguing with a Facebook conservative experience live on Lemmy lmao.

[-] self@awful.systems 7 points 2 months ago

oh fuck off

I’m not saying it’s always infosec.pub, but

[-] bitofhope@awful.systems 7 points 2 months ago

This is infosex.change and bourneshell.itjustworks.justworks erasure.

this post was submitted on 07 Apr 2025
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