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Another Christian grifter scheme gone south. Another day that ends in "Y."

Not to toot my own horn, but I was leery of the whole bitcoin thing when I first heard about it. Reminded me too much of the whole "something-for-nothing" cons which are a LOT older, though just as nefarious. And yeah, it's a Monday and yeah, I've had my coffee, but no, I really can't get all that worked up about another in what seems to be an endless parade of confidence games run by believers, aimed at enriching a few at the cost of the many.

Same stuff, different day.

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I am all out of “thoughts and prayers” for the Christo-fascists and their chosen Grifters.

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I can't bring myself to have a whole lot of sympathy for people who take financial advice from a preacher. Not that their financial advice is going to be a lot worse than their advice on every other subject.

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I don't think Christian folks quite get that the good news was originally that God was going to show up and overthrow the rich, the powerful oppressors, and the authoritarian emperors and lift up the poor, the hungry, the prisoners, and the oppressed so they could enjoy good things.

It then became, we'll okay, sure that, but also Jesus had to die to redeem us. So keep trying to live a good and charitable life and keep enduring suffering from the rich oppressors. Jesus will be here soon.

And then "okay, we're the rich ones now... so God is good with that... the rest of you... well, keep doing what you're doing."

And finally, "Works don't matter. Salvation is a get out of Hell free card rewarded on your beliefs. Also God wants you to be filthy rich, so you can oppress the "heathens" and enjoy the good things of this world, so give me all of your money and miracles will happen."

I mean, it is rather remarkable that it's now 100% opposed to what it used to be. I suppose that was inevitable once the rich oppressive authoritarian fuckwads realized how useful it was to control the masses.

So it goes.

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Jan 22·edited Jan 22

MLMs, pyramid schemes, and so many other grifts largely prey on the religious. Why am I not surprised the crypto bros have joined the list?

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Jan 22·edited Jan 22

Impressive. The Regalados managed to violate 6 commandments to pull this off.

They put money ahead of their god. They made an idol of money. They took their god's name in vain (using his name to enrich themselves). They stole. They bore false witness. They coveted.

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It’s just too bad there isn’t this same kind of immediate financial consequence when these bullshit prophet scammers tell the gullibles that Trump is the anointed God King.

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Jan 22·edited Jan 22

Cristers love a good scam. Not just the perpetrators, but also the ones being bamboozled. The sheep have no willpower whatsoever to resist being taken to the cleaners by godly get-rich-quick scams.

To both schemers and their gullible followers: Your Jesus preached against earthly wealth. You're supposed to be storing up riches in heaven. Your book tells you to set your sights on things above, not earthly things.

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The number of suckers far exceeds 1 per minute.

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𝑇ℎ𝑒 𝑝𝑟𝑜𝑏𝑙𝑒𝑚 𝑤𝑖𝑡ℎ 𝑡ℎ𝑒 𝑅𝑒𝑔𝑎𝑙𝑎𝑑𝑜𝑠 𝑖𝑠 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒𝑦 𝑤𝑒𝑟𝑒 𝑡𝑜𝑜 𝑑𝑢𝑚𝑏 𝑡𝑜 𝑠𝑡𝑖𝑐𝑘 𝑡𝑜 𝑡ℎ𝑒 𝑎𝑔𝑒-𝑜𝑙𝑑 𝑝𝑙𝑎𝑦𝑏𝑜𝑜𝑘. 𝐼𝑛𝑠𝑡𝑒𝑎𝑑 𝑜𝑓 𝑗𝑢𝑠𝑡 𝑠𝑒𝑙𝑙𝑖𝑛𝑔 𝐺𝑜𝑑, 𝑤ℎ𝑒𝑟𝑒 𝑝𝑟𝑜𝑚𝑖𝑠𝑒𝑠 𝑐𝑎𝑛 𝑏𝑒 𝑜𝑣𝑒𝑟𝑑𝑒𝑙𝑖𝑣𝑒𝑟𝑒𝑑 𝑤𝑖𝑡ℎ 𝑛𝑜 𝑜𝑣𝑒𝑟𝑠𝑖𝑔ℎ𝑡 𝑜𝑟 𝑎𝑐𝑐𝑜𝑢𝑛𝑡𝑎𝑏𝑖𝑙𝑖𝑡𝑦, 𝑡ℎ𝑒𝑦 𝑠𝑜𝑙𝑑 𝑎𝑛 𝑎𝑐𝑡𝑢𝑎𝑙 𝑝𝑟𝑜𝑑𝑢𝑐𝑡. 𝐴𝑛𝑑 𝑛𝑜𝑤 𝑡ℎ𝑒𝑦’𝑣𝑒 𝑏𝑒𝑒𝑛 𝑐𝑎𝑢𝑔ℎ𝑡.

It's probably more trying to stop the hemorrahging of young people, so they added the "cool new thing" to the basic grift.

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“Ultimately, this cryptocurrency was just like every other form of Christian media. It was marketed as an alternative to something the secular world already offered but ended up being a cheap, if not worthless, imitation. Still, the people at the top of the pyramid reaped the benefits all thanks to the Christians who were even more gullible than them.“

Cryptocurrency is a worthless scam, there have only been situations like this surrounding crypto since its inception. The only people who have ever made money off crypto are the con artists creating and selling it. Reality is, crypto is taking a page out of the religion handbook, not the other way around.

I do have to say my only surprise comes from how long it took for a religious grifter to partake in the scam.

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I guess their theology is "The Lord helps those who help themselves." To their followers' pocketbooks.

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If they were better at praying then they wouldn't have to worry about anything. Is not the lilies in the field worried not or some shite like that? Go back to prayer school. Worst prayer skills I ever saw.

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I’m reminded of an old sign that many pubs in the U.K. used to display at the bar “We have an arrangement with our bank. They don’t sell beer and we don’t cash cheques”. Seriously, there’s surely a case for much more financial scrutiny where religious organisations start trying to get into the finance business. The conflicting interests are enough to have any half decent lawyer, in fact any professional, screaming and shouting warnings.

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"Now, a Colorado pastor and his wife have been sued over a crypto-currency scheme in which they raised over $3.2 million from more than 300 people...for a product that was deemed literally worthless."

"Literally worthless" pretty much describes Christianity, all right. Oh wait, you meant the crypto. My bad. ;)

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The Regalados of this world prey on Christians who are under-educated and financially illiterate. When it comes to crypto, most of us don't have the knowledge and expertise to get involved in it. Some, like our niece, dipped into bitcoin at the very beginning, watched it soar, and when it got to nosebleed levels, sold out and never looked back. Taking advice from online preachers like Regalado is guaranteed to be a disaster.

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