By Jane L. Johnson
A recent fraudulent check-kiting scheme featured on TikTok bears resemblance to some of the “free money” schemes that have been coming from the Fed.
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Of course, in Mises Institute style, there's no mention of Bitcoin solving this.
I hadn't heard about the TikTok check-kiting scheme, had you?
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I had. I'm a bit amazed at the naivete of some people, thinking that this was a "glitch" they could simply get away with.
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Filming yourself taking money from a bank that you know isn't yours and then posting it online is worthy of some type of legal analogue to the Darwin Awards.
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First thing that came to mind was the "Jussie Smollet Awards", but it's not quite the same
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For ruinously stupid (but not fatal) decisions.
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Proof of work proved theft behind every "free money"
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Everyone wants to get rich quick without the actual work.
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