LOS ANGELES, CA — Local loser Melvin Thompson, who apparently has no desire to own a billion-dollar mega yacht, declared crypto "stupid" earlier this week.

Thompson told a friend he thought the idea of blockchain currency was dumb and that people who invest in it are stupid idiots. Sources confirmed he made the comments while not riding aboard a giant yacht in the Caribbean.

"I think these crypto bros are so stupid and just wasting their dollars on theoretical nonsense," Thomson said. "I mean, who wants to have to deal with the headache of having a billion dollars in the bank? That sounds exhausting. No sir, I'm not going to dump my money into one of the highest returns on investments my generation has seen. I'm a smartie."

Thompson made the comments after news surfaced this week that t

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