— Economic analyst and investor Steven Rattner on the worthlessness of Trump meme coins. In a clip used by John Oliver on a segment about Trump and crypto.

Crypto is crap. But when it finally crashes, a lot of stupid people who bought into it are going to be screaming about how nobody warned them about it.

Crypto is built on a lot of wishful thinking which makes Ponzi schemes look like great investments.

Trump called it a "scam" at first. But then he changed his mind when he learned that he could use it to get even richer by scamming dumb people.

BTW, here is the segment from Morning Joe where Steven Rattner originally made that comment.