Bitcoin to Blockchains, to NFTs, to Web 3.0… it’s time to find out if it’s really all the hype or just part of one of the greatest scams in human history.
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Not one mention of the crypto lending collapses ??
"James Jani". I dunno mate. That pic of you and your name and the way you talk seems scammy as fuck. interesting that a scam could last for 15 years… also zooming out at the long term graph of BTC is also interesting.
This guy conflated crypto, NFTs, blockhain, and "Web3" in the first minute of the video. This is why we need experts making these videos, not more youtube docu regards. If you want to claim something is a scam, you first need to be able to define what "it" is, distinct from other things. Someone who makes such a basic blunder should not be listened to.
so he's telling us to do something, but there's nothing we can do about it. huh?
No mention of the macroeconomics of the time or GameStop. I don't see any new arguments here that aren't consistently brought up by bears.
It's another nail, moving toward the cashless society. But, the things that are happening are have been foreshadowed. I wish everyone the best. 🌎💙
The only scam is Fiat ponzi, controlled by the government, and the sheep that listen to the mainstream media believe them. Bitcoin is the Best money!
What a bunch of hypothetical crap without any definitive data on why is it a SCAM?
This video is full of FUD. You’re probably making a lot of money posting this nonsense about Bitcoin
CBDC will upgrade your current slave system, it's coming.😂
You never get any real money from it they manipulate results every time, if you win when you’re not on their radar, they want real money to pay and you never get anything from them, what they do is drag you in and get real money continuously from you.
Yeah, cu later loosers xD
The story is good. But the answer is wrong.
People moaning about crypto but saying nothing about CBDCs 👀
Bitcoin… the greatest gift to humanity since electricity. time will tell. Look at the white paper and see for yourself why Bitcoin is so important and why it needs to exist.
Have Fun Staying Poor
Probably best to understand something before you try to write about it…
I could go on, but you still wouldn't get it… you are the lowest common denominator.
This video was released at the bottom of the bear market. Bitcoin is 3x from there, most altcoins 2 to 10x from there, what a clown.
I dont get why its a scam. Quote: "Anyone who buys into the idea of Bitcoin is doing so to sell it for a higher price at a future date" The same goes for gold and stocks. Where is the scam? Your fiat money also only has a value because everyone believes. Thats how the market works. Money is not made. Every time u earn money u take it from someone else.
this guy just made a video about every investment ever pretty much lol
10:01 There are many examples of products originally designed to be one thing but ended up being another thing. You mentioned credit card companies. Remember Diners Club? Those credit cards were designed to buy diner at restaurants. What are they now?
DARPA created the internet to be a nuclear proof communication system for the military. What is the internet now?
Gold was used to make shiny pretty things, then used in industrial applications, and it is used as a (failed) store of value.
Bitcoin was created as a permission-less peer-to-peer currency. Now, it is a store of value.
This video has aged like fine milk.
Crypto has scammers in it’s midst. So does Earth.
The ignorance in this video is astounding. Anyone who REALLY understands Bitcoin knows the truth. If you don't own at least 0.15 BTC within the next 10 years you are going to regret it for the rest of your life. If it was a "get rich quick scheme" the bubble would have burst 10 years ago. Read about Metcalf's Law and look at the adoption rate. The real worthless pyramid scams are traditional currencies like the USD which can be printed at will, have no maximum circulation and are backed by absolutely nothing.
There is no bigger scam than fiat money.
There is no bigger scam than fiat money.
The Fiat system and it's fractional reserve is what is a scam. I agree that most cryptocurriencies are scams, including the premined Ethereum scam, but that doesn't apply to Bitcoin, which is not premined and is not proof of stake. I wonder what conclusion would you get about the fiat currencies (like $, €, argentinian peso, etc) when you discover how does it work and what is fractional reserve and how banks print money out of thin air, isn't that a giant scam? In Bitcoin at least you have inmutable rules, but with fiat currencies you have the rule of the dictator of the moment.
THX, great reporetage !
BTC is very different from Shit coin & Tokens. BTC doesn't have CEO, board of owners, building, it is Proof of Work, maximum of 21 millions, anti inflation since the beginning, etcetera. BTC is very different than the rest crap. And the alternative is Fiat money in the bank and the printing machine at full throttle.
If crypto is such a scam then, why are big firms like Blackrock, Grayscale and othe large financial firms investing millions of dollars?
Just proves anybody will buy anything given the right circumstances. Guarantee you NFTs won't hold their value once the luster fades.
It's kind of funny how the line "The value has fallen 99%" sums up this entire hourlong video.
I had to LOL at: "it's the biggest technology that has ever happened in the history of life, outside of things like fire" 😂
Yes, in a ranking of the greatest technologies of all time, the top 3 would be:
1. Fire
2. NFTs??
3. The wheel
😂😂 these people are so delusional it's great. I don't trust bitcoin and I never will, everyone needs to resist the removal of physical currency for SO many reasons.
Just for transparency, how much BTC do you own, a fair bit I’d wager?
I see that the problem with crypto is really how it is designed…I wonder if It was designed a bit better it would no longer be a "time bomb" .
Ya, this did not age well…
Banking system is the greatest scam and crypto is freedom
This guy is an idiot all he had to do was buy bitcoin when he posted this garbage and he would be rich today!
The ape NFT made me laugh so much. Crypto is so obviously crap. LOL