Crypto: The World’s Greatest Scam.

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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  • @JamesJani
    @JamesJani Жыл бұрын

    UPDATE: Now that we're seeing the crypto market reach ATH, notice that this is not driven by any sort of use-case or practicality. It is, as it has always been in the past, driven by price speculation. People asking me if I still think crypto is a scam because "number is going up" have failed to understand that the entire point of this video is how "number going up" is all you care about. The technology itself is just a cover for that. If the industry actually found a use-case that justified its value and the harmful externalities it causes I would be more than happy to say I'm wrong, but it hasn't and it's been 15 years. **** ► Follow Me for Behind the Scenes, Updates, and Teasers: 📸 IG: james.v.j // bit.ly/2TOaBBC 🐦 Twitter: @jamesvjani // bit.ly/2zYPrsT ► 👇 𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐏𝐚𝐭𝐫𝐨𝐧 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐞 𝐬𝐜𝐞𝐧𝐞𝐬, 𝐐&𝐀'𝐬, 𝐚𝐧𝐝 𝐞𝐝𝐢𝐭𝐢𝐧𝐠 𝐭𝐮𝐭𝐨𝐫𝐢𝐚𝐥𝐬!: www.patreon.com/jamesvj 📦 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗠𝘆 𝗩𝗶𝗱𝗲𝗼 𝗘𝗱𝗶𝘁𝗶𝗻𝗴 𝗧𝗲𝗺𝗽𝗹𝗮𝘁𝗲𝘀: ► www.jamesjani.com/shop/

  • @Louziaa

    @Louziaa

    Жыл бұрын

    Feels good to see you again! hope this one goes viral too cuz it really deserves...

  • @realbobbyaxel

    @realbobbyaxel

    Жыл бұрын

    James, hats off to you. Continue making more long-form content.

  • @josephmurillo8043

    @josephmurillo8043

    Жыл бұрын

    Happy new year James!! good seeing you back

  • @Hoshy_

    @Hoshy_

    Жыл бұрын

    Lifestyle

  • @AlexanderTheGoodEnough

    @AlexanderTheGoodEnough

    Жыл бұрын

    You look like that dude from Peaky Blinders

  • @mkbhd
    @mkbhd Жыл бұрын

    Best video of 2023, pack it up.

  • @vijay001theghost

    @vijay001theghost

    Жыл бұрын

    Fuck. Mkbhd himself 😮

  • @AparnaGurudiwan

    @AparnaGurudiwan

    Жыл бұрын

    Mkbhd is here 😀

  • @rubaa.2732

    @rubaa.2732

    Жыл бұрын

    Now be Honaust.. what do you think about Bitcoin? Scam or legit?

  • @justicesompo

    @justicesompo

    Жыл бұрын

    If you sir put a stamp of approval on the video, it means that it's definitely the best of the year. Incredible!

  • @andresuaza

    @andresuaza

    Жыл бұрын

    The man himself is here!

  • @bad_money
    @bad_money Жыл бұрын

    I'm sick of people bashing the obvious utility of NFTs. The ease with which I can look at a person's profile, see their involvement with NFTs, and then identify them as a blood sucking sociopath is revolutionary.

  • @littlelebowski7714

    @littlelebowski7714

    Жыл бұрын

    Had us in the first half not gonna lie

  • @jessewinchester1829

    @jessewinchester1829

    Жыл бұрын

    I see what you did there 😂

  • @khaledfareed4290

    @khaledfareed4290

    Жыл бұрын

    💀

  • @anthonyyoung6489

    @anthonyyoung6489

    Жыл бұрын

    😂😂😂😂😂😂😂😂😂 I made more money shorting block anything than you will ever have in your entire life. Welcome to real world. Life doesn’t exist online. In the real world we still kill each other in the real way with guns and bombs. Gold guns and land. That is what humans need.

  • @s0ne01

    @s0ne01

    Жыл бұрын

    @@littlelebowski7714 fr...

  • @AdamAndrewqa
    @AdamAndrewqa17 күн бұрын

    Thanks for sharing FET and AMS89H. 💯

  • @birsonterang3315

    @birsonterang3315

    17 күн бұрын

    very promising

  • @Anuj_x_dangi

    @Anuj_x_dangi

    17 күн бұрын

    Much better than all those shits altcoin with no utilities

  • @sainathmahure7364

    @sainathmahure7364

    17 күн бұрын

    this is only crypto project that I see has real use

  • @Rohitkumar-hl2oe

    @Rohitkumar-hl2oe

    17 күн бұрын

    I've heard lots of people from X and Facebook talking about this one

  • @vinithnonda6437

    @vinithnonda6437

    17 күн бұрын

    my portfolio: BTC, ETH and AMS89H

  • @aseeroha
    @aseerohaАй бұрын

    When I heard of NFT's at the first time, I thought people are buying the copyrights of the art work. Turned out no.

  • @buntrockstudios
    @buntrockstudios4 ай бұрын

    The biggest scam is fractional reserve banking.

  • @benstr8156

    @benstr8156

    3 ай бұрын

    The biggest LEGAL scam is fractional reserve banking.

  • @zacherygilley3793

    @zacherygilley3793

    3 ай бұрын

    Facts

  • @amc5818

    @amc5818

    3 ай бұрын

    100%

  • @anarchistfuture

    @anarchistfuture

    3 ай бұрын

    You're probably speaking to 5% of the readers here. I don't meet many folks even at my age of 39 that understand what you mean like you and I do. I'd give all I have to be let in a room alone with any of the fed chairs of my life time. 2 men enter...

  • @Jm-fn5nd

    @Jm-fn5nd

    3 ай бұрын

    You still get your money though... Usually

  • @nourzakiofficial
    @nourzakiofficial Жыл бұрын

    The fact that these influencers are paid in DOLLARS not COINS to promote those coins SHOULD speak VOLUMES. And should be enough to rest any skeptical’s argument and prove their point!

  • @keanuxu5435

    @keanuxu5435

    Жыл бұрын

    "Yeah, but when it becomes popular enough, cryptocurrency will make dollars obsolete!!!" /s

  • @user-sf9gs2pg1b

    @user-sf9gs2pg1b

    Жыл бұрын

    That’s actually a really great point! Thanks for sharing it :)

  • @cleander3645

    @cleander3645

    Жыл бұрын

    they are not most are paid in eth

  • @HowMoneyWorks

    @HowMoneyWorks

    Жыл бұрын

    Exactly

  • @kenmay5532

    @kenmay5532

    Жыл бұрын

    @@user-sf9gs2pg1b Dollars are not real.... This is a game of which Ponzi scheme Is better... BTC has inspired countries to start making CBDC's Edit: We must always reason from both sides.

  • @davidlehoux829
    @davidlehoux82923 күн бұрын

    You called the bottom on BTC with this video, wish I would have found it earlier 😂

  • @simonrae3048

    @simonrae3048

    13 күн бұрын

    Man, you are laughing so much your hemorrhoids are bursting. I'm laughing with you btw. Speaking of which, I have some art of digital hemmorrhoids exploding and wonder if you will buy off me for 12 million. US dollars please.

  • @Timozachi

    @Timozachi

    6 күн бұрын

    It’s weird that he decided to post this video one year after the bear market in BTC, almost like he did it to boost confidence in his video… Coincidence? I think not

  • @Reason4Termination

    @Reason4Termination

    2 күн бұрын

    @@Timozachi pretty sure this guy is a market maker / market manipulator lol

  • @ph8077

    @ph8077

    2 күн бұрын

    Yeah but as with all BTC bottoms the people paying attention in a bear mkt always think it's going even lower at the time so never actually buy. My best purchase at $15750 in retrospect, made me physically sick when the limit order filled because I was being told that we were going to 12k or even 9k by many high profile commenters.

  • @ArwinAbsinthe
    @ArwinAbsinthe2 күн бұрын

    Ironically, I got an ad for a crypto platform while watching this video

  • @sthira

    @sthira

    Күн бұрын

    That's the stupid world we live in, at its finest.

  • @lydiacoleman1565
    @lydiacoleman1565 Жыл бұрын

    My sister and I used to joke that NFTs and Crypto were like MLMs for tech bros. It’s good to call this stuff out. No disrespect to the people that bought it, no one deserves to be scammed.

  • @daimsaeed

    @daimsaeed

    Жыл бұрын

    The hype was too much but tbh its a revolution regardless

  • @brilobox2

    @brilobox2

    Жыл бұрын

    @@daimsaeed revolutionary way to create bag holders.

  • @ooowatzthat

    @ooowatzthat

    Жыл бұрын

    @@daimsaeed revolutionary way to scam!

  • @Serocco

    @Serocco

    Жыл бұрын

    Men who love men?

  • @falcons6219

    @falcons6219

    Жыл бұрын

    I'm a blockchain developer. And although I don't agree on the point that blockchain doesn't have a solid usecase, but I actually appreciate the fact that there are people who are reasonably skeptic about this technology. It helps to keep everyone's feet on the ground. All I agree on most of the points raised here. 99% of the 'Cryptocurrencies' are fake and will eventually go bust, play-to-earn models are just MLMs rebranded.

  • @Ben-uf3st
    @Ben-uf3st2 ай бұрын

    Who’s watching this in March 2024?

  • @PeterBehr82

    @PeterBehr82

    2 ай бұрын

    its always the same, every was there

  • @dnoordink

    @dnoordink

    2 ай бұрын

    Yeah didn't age well...

  • @themadhatter9703

    @themadhatter9703

    2 ай бұрын

    All here buddeh... this guy bought the top.. now he feels scammed 🤣🤣

  • @flatfish72

    @flatfish72

    2 ай бұрын

    Money is money, rich people and organizations play it like games. It is not a scam, just a freaking game.

  • @themadhatter9703

    @themadhatter9703

    2 ай бұрын

    Bingo! Play the game

  • @simonandrewt
    @simonandrewt11 күн бұрын

    Wow great bottom indicator, please let us know when you start believing in it so we know when to sell.

  • @LaFonteCheVi

    @LaFonteCheVi

    8 күн бұрын

    Everything they said is still true. Ponzi schemes can operate for decades. It took 2 decades for the causes of 2008 to manifest. Crypto generates no real-world value and yet it has sky-high valuations. And it has sky-high valuations because people believe it will always go up. That assumption has been wrong 100% of the times it has been made.

  • @Iamnikolopez
    @Iamnikolopez27 күн бұрын

    You were right about "cypto" bitcoin isnt crypto. "Its the digital transformation of matter and energy" -Michael Saylor

  • @connorkeys555

    @connorkeys555

    18 күн бұрын

    "you dont want them to understand it, let them take 10 years to figure it out" -Saylor

  • @realsatoshihashimoto

    @realsatoshihashimoto

    11 күн бұрын

    ​@@connorkeys555 Yes. Once they all understand it, it's too late to make the biggest gains.

  • @Chemike21

    @Chemike21

    11 күн бұрын

    Its property pegged to energy. The most perfect thing to peg a currency to.

  • @beast5556

    @beast5556

    2 күн бұрын

    XMR is the real deal BTC is another shit coin manipulated and controlled by blockstream

  • @ph8077

    @ph8077

    2 күн бұрын

    @@connorkeys555 No, that's way too long, it will delay the boom - I want ludicrous wealth before I hit 40. Just let them figure it out _just after_ I have enough. 😁

  • @DavidBrocekArt
    @DavidBrocekArt8 ай бұрын

    You know there is something wrong when millionaires want to help you get rich for free.

  • @DSSkala

    @DSSkala

    7 ай бұрын

    if it sounds great, it's probably fake

  • @ivanchorusev6996

    @ivanchorusev6996

    7 ай бұрын

    you guys who are out of crypto tokens, are f***ing idiots.... with simple research, you can make £ 1000 into £10000 without a doubt... crypto is AGAINST big rich people and banks - it makes everything transparent and available even to normies like me and you :)

  • @elin111

    @elin111

    7 ай бұрын

    Unfortunately people are too greedy and lazy to see through the BS lies that Crypto promises they just hear "Make money without working" and blindly jerk off all over it

  • @avocados1650

    @avocados1650

    7 ай бұрын

    Real!!!!

  • @disruptapps

    @disruptapps

    7 ай бұрын

    1. people NEVER READ Satoshi Nakamoto's white paper on crypto to understand what crypto is all about - ENDING CENTRALIZED BANKING and putting the power and value of money back into the hands of the people 2. Crypto has been ruined by a. greedy crypto developers making money off desperate working class b. the public, who only understands centralized currency paradigm, c. the public, who turned it into a speculative asset class IT WAS NEVER MEANT TO BE d. crypto miners who consolidate power of mining (NAKAMOTO never intended for this in his white paper) e. celebrities, who like the general public, do not understand crypto, endorsing crypto and thus turning into an even more speculative asset f. KZread gurus who just want to make quick bucks and likes g. content creators with millions of viewers who also do not know/ understand crypto ruining it We've now come full circle with crypto - it is now being adopted and absorbed by the very system it was meant to displace - especially with the crypto ETF which REEKS of centralization because investment banks and hedge funds and institutional money are now in control of crypto - totally antithetical to the purpose of crypto Nakamoto's version of crypto has its flaws - especially the 'proof of work' scheme because now crypto miners are taking their companies public and putting them on the NYSE/ NASDAQ - essentially bringing crypto back into the control of centralized power Its not too late for crypto - we need a paradigm shift for the next iteration. I do traditional investing, full stack web development and encryption so I understand this topic deeply. The next version of crypto needs to be directly 100% peer 2 peer, abolish all exchanges (as they become houses of speculation) and abolish proof of work scheme; crypto should NOT BE BASED on mining because that consolidates power to mining farms and crypto generation should be based on something like people's time and value they put into the economy. Crypto SHOULD BE GENERATED from each person's livelihood - crypto SHOULD NOT BE A CONCENTRATED TOP DOWN SYSTEM!

  • @tobybrown1179
    @tobybrown11793 ай бұрын

    Blackrock and Fidelity hold 152,900 Bitcoin. As of February 2024

  • @shoazdon7000

    @shoazdon7000

    3 ай бұрын

    And if they were to sell that, to let’s say another large conglomerate they own who would be willing to take the temporary hit, they could crash and kill bitcoin very quickly. So much for ‘decentralised’ eh

  • @plohurts5893

    @plohurts5893

    3 ай бұрын

    they bought that with their private trust in 2022 :) making sales to their company now propping up price then dumping into retail in the other end clever tactic

  • @andrewilliams1974

    @andrewilliams1974

    3 ай бұрын

    They don't invest in scams. This dude works as an undercover government bullshitter.

  • @paulmoore7064

    @paulmoore7064

    3 ай бұрын

    Did you miss the part about early investors getting rich while later investors go broke? When I was in high school, everyone was planning to get rich through Amway. The problem I saw was that they all were trying to recruit others into the team, and no one was actually selling the products. In the end, the Devos family got rich, and all my friends and neighbors ended up with a garage full of inventory they couldn't sell. When the price is high enough, the big boys will dump everything.

  • @iCore7Gaming

    @iCore7Gaming

    3 ай бұрын

    @@shoazdon7000 but they couldn't.

  • @anonb0
    @anonb0Ай бұрын

    Anything people are willing to pay for has value, how much they are willing to pay for it determines the value. It's not the same for all people, but really it's just about the economics of supply and demand.

  • @brians1793

    @brians1793

    17 күн бұрын

    Right, but bitcoin depends on the power grid, if that goes down it's worthless. Even physical currency like the USD isn't as stable or reliable as something like gold. But even gold would be next to worthless if things were bad enough that food, water, and weapons is in the highest demand so those would become the main things people trade. So in that case accepting someone's gold for any of those things in hopes that things will get better months or years in the future, it's basically an investment that could turn out to be a grave mistake if they overestimate how much of what they need to survive they have to give. It seems inevitable even a solar flare could take the grid down, it might be a bigger threat than an EMP, or they could use an EMP and blame it on solar flares.

  • @momo777777777777777

    @momo777777777777777

    17 күн бұрын

    @@brians1793 haha back to the stone age!

  • @minfilipino

    @minfilipino

    15 күн бұрын

    If the power grid were to go down we are all fuxked.

  • @Illich302

    @Illich302

    14 күн бұрын

    Lol what do you think will happen to your bank account when “the power grid goes out” This wont happen but either way money has been digital for years.

  • @brians1793

    @brians1793

    13 күн бұрын

    @@Illich302 It's so frustrating when people miss the point and don't realize it, of course banks have similar issues I was never saying they don't. And if you don't think that can happen you're delusional, especially with the strong solar activity we're having lately which could do it and EMP's and the likeliness of WW3 and even civil war. I thought it might be between liberals and conservatives, but it'll mostly be US citizens and illegals. They're intentionally letting them steal American's homes with squatter's rights, there's even illegals on TikTok telling other illegals how to in their own words steal American's homes. You can't make this shit up. I was mostly comparing bitcoin to gold, not other forms of technically digital currency like banks, but at least then you can take physical currency out. I realize you could sell bitcoin but that's not exactly the same thing, a lot could go wrong there. Most Americans are far more dependent than they realize, I'm sorry but people that basically couldn't survive without the government and corporations, how free are you really? A lot of the things we're told are about our 'independence' are more so to enslave us, like student loans making people debt slaves and ultimately either making them feel like they have no choice but to follow that career, or in some way are going to be screwed because of that debt. Besides the obvious brainwashing and indoctrination that goes on there and in public schools, even elementary now with the political bullshit where they should just keep that shit out of schools regardless of which side. They're trying to control the food supply and farmers almost entirely and can freeze bank accounts, and even not allow anyone to buy or sell without digital currency except bitcoin. People are being told bitcoin is fighting against that, I find it hard to believe it isn't basically a scam to trap anyone refusing to accept the central bank's digital currency. There's a reason some call the central bank's digital currency the mark of the beast, it could be a literal mark and you'd need it to buy and sell in a lot of ways and it's basically pledging allegiance to the evil satanic system in the US, they're making it so painfully obvious how satanic it is regardless of whether anyone is religious or not or even believes in any of that, it doesn't change that there's clearly many in power fulfilling Biblical prophecy.

  • @thomsonhomson
    @thomsonhomson3 күн бұрын

    every single person we can see on the internet is a scammer. never forget this while you surf through it.

  • @informer3000
    @informer30005 ай бұрын

    Banking is obviously the world's greatest scam!

  • @user-wl4xr3wy6n

    @user-wl4xr3wy6n

    5 ай бұрын

    Maybe. At least we know who the scammers are and where they live. So, why add another scam where the responsables usually disappear in thin air!

  • @XRP-Alchemy

    @XRP-Alchemy

    5 ай бұрын

    The Fed runs the biggest ponzi. USDT trying to run a close second.

  • @XRP-Alchemy

    @XRP-Alchemy

    5 ай бұрын

    XRP is a great big solution and alternative to fiat banksters ponzi.

  • @ShitSpooky

    @ShitSpooky

    5 ай бұрын

    Don't forget insurance.

  • @mgmrateconfirmation8404

    @mgmrateconfirmation8404

    5 ай бұрын

    HAHAHAH YES..THAT IS WHTA I SAY ALSO !!🤣 Lending you money that does not exist & charging you interest on it.

  • @wesleyestes7176
    @wesleyestes71765 ай бұрын

    You should do an update after Blackrock ETF gets approved 😂

  • @Bitcoindaduk

    @Bitcoindaduk

    5 ай бұрын

    Hahaha yes indeed. People are actually getting sucked into this nonsense and believing it. 😂

  • @_brandonn8516

    @_brandonn8516

    5 ай бұрын

    even right now with ripples victory over the SEC

  • @TheTruth427

    @TheTruth427

    5 ай бұрын

    Yeah, I can't wait to see his next video when Bitcoin is over 200k

  • @johnwu3593

    @johnwu3593

    5 ай бұрын

    Or 1 million

  • @coryjohnson2486

    @coryjohnson2486

    5 ай бұрын

    @@Bitcoindadukyeah. Keep going with that attitude 👍🏻. Soon enough, everybody else will be investing in Bitcoin/crypto and making money, while you (the only SMART one) will make nothing.

  • @ef93781
    @ef93781Ай бұрын

    Whenever someone talks to you about making ez money, immediately put your wallet out of their reach.

  • @user-yy1kf7ih8k

    @user-yy1kf7ih8k

    9 күн бұрын

    It's not easy, buy it. Try not sell it. Tell me if it was easy then

  • @Drew99GT
    @Drew99GT8 күн бұрын

    Getting crypto ads while watching this is enlightenment! 😂

  • @leightonrose9278
    @leightonrose9278 Жыл бұрын

    I had a few friends that bought into NFTs. Every time they explained it to me I always said it sounds like a pyramid scheme. They told me i didn't understand it. Then you always have that one friend who tells the truth and doesn't care. I said the same to him and he said "yeah it is a pyramid scheme. You just have to make sure your at the top of the pyramid". No thanks. You can keep them.

  • @Rowlph8888

    @Rowlph8888

    Жыл бұрын

    No, you don't understand the technology. Eventually, they will be crucial and the next security layer. Now, in their early stages, most of them are regurgitated, derivative crap.

  • @lulz59

    @lulz59

    Жыл бұрын

    @sbmitchell Copium

  • @annonnnn123123

    @annonnnn123123

    Жыл бұрын

    @@lulz59 copium of what? 😂 Which part do you disagree with exactly?

  • @LN-pm5yl

    @LN-pm5yl

    Жыл бұрын

    Theyre mentally ill, theres no other explanation

  • @kevincloar2443

    @kevincloar2443

    Жыл бұрын

    Buying an NFT is like buying groceries and then only coming home with the receipt

  • @andyeccentric
    @andyeccentric4 ай бұрын

    I swear there's more ominous royalty free music in this video than the average true crime video

  • @fernandezraul3585
    @fernandezraul3585Ай бұрын

    BTC is up 128% from the posting of this video.

  • @mrfuriouser

    @mrfuriouser

    27 күн бұрын

    And? You've missed the point, mate.

  • @Reason4Termination

    @Reason4Termination

    2 күн бұрын

    @@mrfuriouser keep being on point then. I'll visit your post 10 years from now. That is the conviction of this space.

  • @artdent1557
    @artdent15573 ай бұрын

    Price of BTC when this video was released $16,625. Imagine how many people sold because of this video….. right at the extreme bottom of the market.

  • @mrsmith8694

    @mrsmith8694

    2 ай бұрын

    Ya now look at it. all time high.

  • @finaldaylight3804

    @finaldaylight3804

    2 ай бұрын

    lmao sucks to be them

  • @ethanstine426

    @ethanstine426

    2 ай бұрын

    So has bitcoin changed the world yet?

  • @mrsmith8694

    @mrsmith8694

    2 ай бұрын

    @@ethanstine426 not yet. but it will.

  • @Mushin99

    @Mushin99

    2 ай бұрын

    Hahahahah losers Weak hands deserve to be poor.

  • @Deilume
    @Deilume9 ай бұрын

    The amount of "get rich quickly" ads on this video is absurd and hilarious. This is a wonderful documentary, thank you so much for your work! 💕

  • @BewareTheLilyOfTheValley

    @BewareTheLilyOfTheValley

    9 ай бұрын

    I watch a channel called Hannah Alonzo who talks about MLM's and how they're scams. She mentioned her channel also gets a lot of ads from MLM's, but it's a good thing. Since the KZread algorithm can't distinguish between a channel that is pro or anti-MLM, they just slap them on any channel that is talking about the subject. So, it means those companies are just losing money with ads being placed on a channel with an audience who has no interest in MLM's. So, if the same is happening with this channel, that is good! Let them continue to waste their advertising money here.

  • @vegastrick

    @vegastrick

    9 ай бұрын

    Imagine the irony of getting rich, by making videos of crushing other people’s dreams of getting rich.

  • @Falaxuper

    @Falaxuper

    8 ай бұрын

    @@BewareTheLilyOfTheValley It's actually great news, but Jeez Louise... KZread couldn't give less of a darn...

  • @noncustody

    @noncustody

    8 ай бұрын

    Good thing there is ad free KZread!

  • @ShewasIwas-biden

    @ShewasIwas-biden

    8 ай бұрын

    Ads? What's that?😂

  • @rowenanelson1737
    @rowenanelson173711 күн бұрын

    Explain how stocks are any different from Cryptocurrencies? If Crypto is a Ponzi then Stocks are too.

  • @luca_argo
    @luca_argoАй бұрын

    I dunno if I get it, but you're saying Bitcoin is basically like the hot potato game?

  • @Cloud_Seeker

    @Cloud_Seeker

    Ай бұрын

    Yes. That is because it is. You can't buy anything with it. The only people who buy the token is people who think the token will be able to be sold to someone else in the future. Which means you are looking for a even greater fool than yourself to offload your worthless data on. As you said. It is a game of hot potato. You are looking for the greatest fool that will be the one holding the bag.

  • @GGE415

    @GGE415

    14 күн бұрын

    Yes and the initial purchaser is wearing gloves

  • @bGzzzzz

    @bGzzzzz

    2 күн бұрын

    @@GGE415- just like current fiat currency. Main difference is little dweebs now think they’re big players because they have 1-2 bitcoins - funnily enough, they still require Fiat currency in order to actually function..so it’s not even a “currency”.

  • @patrikrendulic3223

    @patrikrendulic3223

    2 күн бұрын

    Yeah i think this describes it the best. But the idea was (probably not) to make a decentrilezed currency which would be great for everxone.

  • @theorossyt

    @theorossyt

    Күн бұрын

    Just look up “pyramid scheme” the only way you profit from BTC is if someone else loses money

  • @jakephillips4453
    @jakephillips44532 ай бұрын

    Lol. This video was posted at BTC bottom now it's back to ATHs. 💀

  • @orkunugurlu9967

    @orkunugurlu9967

    2 ай бұрын

    Riped like fine wine 😂

  • @boyanvalchev2953

    @boyanvalchev2953

    2 ай бұрын

    This video doesn't say it can't rise more. The concept of crypto is flawed. It's just speculation with no value but hype.

  • @greg_289

    @greg_289

    2 ай бұрын

    @@boyanvalchev2953same as any other asset like gold, or even fiat currency. It’s only worth something because enough people say it is.

  • @magooters

    @magooters

    2 ай бұрын

    @@boyanvalchev2953 it’s wild that people still don’t see the value after having 1/4 of your life force stolen by the government over the last 4 years.

  • @user-dd5uz1lz9r

    @user-dd5uz1lz9r

    2 ай бұрын

    crypto not bitcoin he dont understand the benefits from a free mone network and thats okey @@boyanvalchev2953

  • @charleshallam3216
    @charleshallam3216 Жыл бұрын

    My father told me 60 years ago, a fool and his money are easily parted. Still applies today!

  • @rem7502

    @rem7502

    Жыл бұрын

    That’s actually from the Bible.

  • @DirkDiggler1620

    @DirkDiggler1620

    Жыл бұрын

    ​@@rem7502 Who's version?

  • @animeslayergp9333

    @animeslayergp9333

    Жыл бұрын

    your dad is probably right

  • @charleshallam3216

    @charleshallam3216

    Жыл бұрын

    @@orako-g752 retired at 47. Now 68 with plenty to see me out. No gambling involved... How old are you and have you retired? 😂😂🍾

  • @heartnsoulintodeglocc9975

    @heartnsoulintodeglocc9975

    Жыл бұрын

    ​@@orako-g752 better broke than the bourgeoisie.

  • @moogyboy6
    @moogyboy6Ай бұрын

    Maybe I'm just a clueless moron who just turned 50, but all of this crypto and NFT shit seems not just incomprehensible but absolutely insane. My head hurts trying to make sense of a world where a jpeg of a cartoon monkey is worth hundreds of thousands of dollars, and presumably intelligent adults are dead serious about it.

  • @Shells67

    @Shells67

    7 күн бұрын

    Yours is the only coherent comment I've read. This comment section feels so manic!

  • @peez9187

    @peez9187

    2 күн бұрын

    It's because that JPEG has it's own ID that cannot be copied. It's the ID that people pay for, the picture just makes it look pretty.

  • @poctordepper4469
    @poctordepper4469Ай бұрын

    the funny thing is that it doesn't even take an expert in crypto to know why this video is full of it

  • @SevenEllen
    @SevenEllen Жыл бұрын

    "Get rich quick" is ALWAYS the recipe for a scam.

  • @Lorenzo1972.

    @Lorenzo1972.

    Жыл бұрын

    Ask a person who is “Bitcoin wealthy” whether it was a “get rich quick” experience. This guy’s video is only half educated.

  • @xxxxxxxxx3944

    @xxxxxxxxx3944

    Жыл бұрын

    They were early investors of a Ponzi scheme.

  • @xxxxxxxxx3944

    @xxxxxxxxx3944

    Жыл бұрын

    The only way to make quick money is to take it from someone else

  • @piotrlll4618

    @piotrlll4618

    Жыл бұрын

    Money never disapera Just change owners

  • @Lorenzo1972.

    @Lorenzo1972.

    Жыл бұрын

    @@piotrlll4618 …and when the government prints more money, the government is robbing you by devaluing your money and then deciding who are the new owners of that money. The government and the central bank are master criminals.

  • @shortycareface9678
    @shortycareface9678 Жыл бұрын

    The more I see of the world, both online and offline, the more content I am to just exist in my own little bubble, away from it all.

  • @__rikaisuru

    @__rikaisuru

    Жыл бұрын

    @@Jamesjani634 case in point. thanks for reminding me life is good, bot.

  • @Alevv0104

    @Alevv0104

    Жыл бұрын

    Same. I'm very content in my own little bubble. I want no part in the wickedness.

  • @AE-ny2zg

    @AE-ny2zg

    Жыл бұрын

    i can relate

  • @ekamsingh1640

    @ekamsingh1640

    Жыл бұрын

    @@Light-ke1bc What are you talking about, it is atleast better than Bud.

  • @ScreamingEagleFTW

    @ScreamingEagleFTW

    Жыл бұрын

    i agree. and yet here we are browsing videos online

  • @cariyaputta
    @cariyaputta8 күн бұрын

    Bitcoin was a scam from the start, Nakamoto when develop the platform with other devs secretly kept to himself 1 millions of it before it even release.

  • @user-to8vl8cb5x
    @user-to8vl8cb5x3 күн бұрын

    This shit needs to be in theaters

  • @Veritas-lh8gm
    @Veritas-lh8gm29 күн бұрын

    yes Bitcoin was a reaction on the 2008 banking crisis. So in that atmosphere people were easily and emotionally fooled.

  • @radicaIarchitect

    @radicaIarchitect

    12 күн бұрын

    Yeah, I wish I was fooled back then when it was less than a dollar though 😢

  • @ChristianHagood

    @ChristianHagood

    9 күн бұрын

    uhhh if they were fooled in 2008 and bought bitcoin they are filthy rich rn lol

  • @DK-nx9ri
    @DK-nx9riАй бұрын

    Im the old generation. You know the one who was going to work from dawn to dusk and did not cry anywhere its horrible. This was educational. That's gonna be such a painful crash....

  • @ArrgsDev

    @ArrgsDev

    Ай бұрын

    Dude your comment is literaly you complaining about you having it tough. You arent a tough generation.

  • @messidona666

    @messidona666

    23 күн бұрын

    Keep on getting the worthless fiat 😂 Bitcoin will fly

  • @charleho

    @charleho

    17 күн бұрын

    ​@@messidona666 I can buy almost anything with dollars, which means they are far from worthless.

  • @theinternetbutler

    @theinternetbutler

    15 күн бұрын

    @@messidona666fiat is so worthless crypto bros only describe cyber coins in $ value and talk about buying low and selling high. If it was that good, you'd only buy, never sell and transact with it. But you don't.

  • @johnadams3800

    @johnadams3800

    12 күн бұрын

    ​@messidona666 you say that like bitcoin is not a fiat. I don't think you understand what fiat really means.

  • @juansarasua
    @juansarasua Жыл бұрын

    Finally KZread released the documentary!!! 👏👏👏

  • @skiism_3900

    @skiism_3900

    Жыл бұрын

    Been waiting too😂

  • @awesomewelles9174

    @awesomewelles9174

    Жыл бұрын

    XRP ………. idiots!

  • @ochocheakpanga9715

    @ochocheakpanga9715

    Жыл бұрын

    Same here. Been waiting

  • @defenastrator

    @defenastrator

    Жыл бұрын

    The Folding Ideas channel released the documentary a while ago.

  • @curiodyssey3867

    @curiodyssey3867

    Жыл бұрын

    @sourav jaiswal same, I want to know

  • @moustaffanasaj1584
    @moustaffanasaj1584 Жыл бұрын

    How on earth did you manage to keep this video captivating for a full hour from start to finish? The depth, the coherence, the story telling, the visuals, absolutely ridiculous how talented you are.

  • @icebridge3940

    @icebridge3940

    Жыл бұрын

    I think you just described it

  • @AlligatorAli

    @AlligatorAli

    Жыл бұрын

    @JamesJaniyt shut up scam bot.

  • @sitonmyfacebook5622

    @sitonmyfacebook5622

    Жыл бұрын

    It’s easy when you don’t need to worry about facts or anything.

  • @sumayyahadetunmbi4347

    @sumayyahadetunmbi4347

    Жыл бұрын

    yeah

  • Жыл бұрын

    Honestly, it’s a good story, and he told it well

  • @joshuagatermann4839
    @joshuagatermann4839Ай бұрын

    Well, what happens when people try to cash out at a bank, if too many do it the bank collapses...

  • @ncnyc4418

    @ncnyc4418

    29 күн бұрын

    No…if a bank runs amount of money it orders more from the federal reserve…u might not get it the same day but u will get your money

  • @KijCiWOkoSuko

    @KijCiWOkoSuko

    21 күн бұрын

    ​@@ncnyc4418you do realize that we went way past the point of money being 1:1 money right? 🤣 There would be no money left if like 10% of the customers picked up all their money from the bank 💀

  • @johnkensington2980

    @johnkensington2980

    18 күн бұрын

    Same thing if a bunch of people try to do bitcoin transactions at the same time.

  • @tomhansen5219

    @tomhansen5219

    16 күн бұрын

    Tell that to the people of Greece.

  • @johnkensington2980

    @johnkensington2980

    16 күн бұрын

    @@tomhansen5219 really? tell me when there was an attempt to spend bitcoin/withdraw as cash in bitcoin where the amount rivaled that of a bank run. I'll wait.

  • @merlinn64
    @merlinn64Ай бұрын

    My federal bank is buying BITCOIN in bulk, so I will also go with my own custody.

  • @mikesmith6461

    @mikesmith6461

    26 күн бұрын

    Will be bankrupt

  • @tovsteh

    @tovsteh

    22 күн бұрын

    ​@@mikesmith6461 Keep holding your fiat, which loses value non stop. Good luck!

  • @priyanprem28

    @priyanprem28

    10 күн бұрын

    @@mikesmith6461 heheheh

  • @jf9387
    @jf93874 ай бұрын

    Be fearful when everyone is greedy, and be greedy when they are fearful. This video marked the bottom.

  • @sparker.24

    @sparker.24

    4 ай бұрын

    yup whenever people say its just a giant scam.. i fill up my bags even more

  • @pumpeyethetraderman8083

    @pumpeyethetraderman8083

    4 ай бұрын

    It actually did 😂😂😂

  • @BMANZZS

    @BMANZZS

    4 ай бұрын

    Wow, it really did. Bitcoin has gone up almost 200% since then.

  • @tmo4330

    @tmo4330

    3 ай бұрын

    @@sparker.24 Delusion.

  • @samuelwhittenburg8742

    @samuelwhittenburg8742

    3 ай бұрын

    @@sparker.24what do u do with it

  • @kc4276
    @kc4276 Жыл бұрын

    The worst thing about crypto mania, as far as I’m concerned, is that it spawned an industry comprising of the most horrible (and most obvious) type of spambots all over YT and IG.

  • @Howdy359

    @Howdy359

    Жыл бұрын

    I just found out one under his comments section.

  • @DellaWatson-cz3mq

    @DellaWatson-cz3mq

    Ай бұрын

    ikr, the dangers of bitcoin are so obvious its not even funny

  • @user-ki6id4vt8u

    @user-ki6id4vt8u

    20 күн бұрын

    It’s a sick industry and that’s the truth

  • @kiran97k
    @kiran97kАй бұрын

    I don't wanna argue whether bitcoin is a scam. My thesis is simply. If a fixed supply decentralised asset is a scam then inflatable USD is a bigger scam. That's all.

  • @Jorginhoflu1000

    @Jorginhoflu1000

    Ай бұрын

    If you really understand Bitcoin,the phrase "Bitcoin is a scam" sounds like a Funny joke 😂

  • @nestromae

    @nestromae

    Ай бұрын

    inflation is not bad, it's actually is nessasity: when gdp grows you need more fiat money to embrace extra products.

  • @nestromae

    @nestromae

    Ай бұрын

    The whole crypto is just useless stuff for an average person. The only meaningful thing for me is stablecoins.

  • @user-ym7lp1jl8i

    @user-ym7lp1jl8i

    Ай бұрын

    Wrong its good for the countries goverments and companies bad for normal people

  • @Icantevenstandit

    @Icantevenstandit

    Ай бұрын

    Lol you can't print bitcoin to help masses of people thought. .inflation comes from printing too much...but people would perish without respite.

  • @edig4687
    @edig46876 күн бұрын

    I remember the days when Pet Rocks were sold in stores around the country. NFT's are the same.

  • @tomsenior3392
    @tomsenior33928 күн бұрын

    Its pretty easy to spot a money making scam..if i found a way to make a load of money i wouldnt be sharing it with completly random strangers.

  • @David-vo5qs
    @David-vo5qs3 ай бұрын

    The biggest scam ever has an ETF now 😂

  • @eljaa2000

    @eljaa2000

    2 ай бұрын

    Yeah I was wondering the same thing I'm confused.

  • @SD-nq6kg

    @SD-nq6kg

    2 ай бұрын

    ​@@eljaa2000why? When the whole system is a scam, why wouldn't they adopt a new one which has more people hooked than cocaine ?

  • @SD-nq6kg

    @SD-nq6kg

    2 ай бұрын

    The scan just got mainstream...don't forget...crypto was designed to help bring down the financial sector.

  • @eljaa2000

    @eljaa2000

    2 ай бұрын

    @@SD-nq6kgYou can't just say that based on a shitty 1 hour commentary on KZread. The initial idea behind bitcoin was literally revolutionary.

  • @Lolatyou332

    @Lolatyou332

    2 ай бұрын

    They have an ETF because it's the only way to provide a relatively safe way to invest in it. Buying crypto outside of an exchange is risky

  • @chantalmac5857
    @chantalmac58575 ай бұрын

    There should be a law against celebrities endorsing scams coz this is happening all over the world

  • @samirs8140

    @samirs8140

    5 ай бұрын

    They'll claim ignorance and say they didn't know it was a scam, were just doing it for money.

  • @ColinsCryptoCrew

    @ColinsCryptoCrew

    4 ай бұрын

    Let's pass a law that says politicians can't participate in the stock market too

  • @ra15899550

    @ra15899550

    4 ай бұрын

    IE Endurance, Car Sheild buyer beware!!

  • @Bradleybrookwood

    @Bradleybrookwood

    4 ай бұрын

    I think any celebrity who knowingly backs up a scam knowing for well and I'm sure they know full well that it's a scam. These celebrities have to know that it's a scam because I'm sure they've got all of the finest people advising them, or at least they should anyways. But any big major figure or celebrity that's involved in a scam like this should automatically lose everything they have. i'm so glad I didn't invest in cryptocurrency because it's terrible for the environment and if I had any real gold to my talent which I know I do, I would steer clear of this type of crap. I'm too passionate about creativity to be involved and get rich quick Ponzi scheme that destroys the environment and waste energy

  • @davidwatts5876

    @davidwatts5876

    4 ай бұрын

    WTF does a celebrity know about anything except for remembering their lines?

  • @MrHotSizzle12
    @MrHotSizzle12Ай бұрын

    The quality of your videos and narration is insane! Great Job!

  • @GringoPicante
    @GringoPicante14 күн бұрын

    i'll never look at crypto the same way after watching this video

  • @latteyash8650
    @latteyash8650 Жыл бұрын

    After 10 full months he is back you don't know how much I've waited for your videos. even before watching I know this gonna be another banger. Welcome back James good to see you.

  • @mohammedsohail2930

    @mohammedsohail2930

    Жыл бұрын

    Exactly same here 😢

  • @johnnyplays101

    @johnnyplays101

    Жыл бұрын

    People out here are making better content and you people ain’t supportin. There are many channels more regular than James’ like Coldfusion, Nick films (he is small atm but search for “Nick Films The Dark Side of fame” ) and many others.

  • @latteyash8650

    @latteyash8650

    Жыл бұрын

    @@johnnyplays101 Thankyou for the suggestion. I've subscribed to both Coldfusion and Nick Films both of them make great content. Hope to see Nick Films grow in future.

  • @CaribbeanCryptoTips

    @CaribbeanCryptoTips

    Жыл бұрын

    @@johnnyplays101 his is on another level and worth the wait and yes I support coldfusion and others like it.

  • @scarlettspear7447

    @scarlettspear7447

    Жыл бұрын

    Maybe. I will check them out . Thank you. But James Jani is exceptional! x

  • @norvusordoseclorum
    @norvusordoseclorum Жыл бұрын

    This video was more of a work of art than any of those NFTs

  • @mrkiky

    @mrkiky

    Жыл бұрын

    Imagine if at the end he would've auctioned off this video after putting it on the blockchain 😂

  • @marios.2848

    @marios.2848

    Жыл бұрын

    Yes. A lot of fiction and interpretation. Unreliable Information, all mixed together and sold as the same.

  • @moonwalker6110

    @moonwalker6110

    Жыл бұрын

    when you are too rich and you have nothing to do or feeling bored you buy a board ape NFT

  • @bernardoheusi6146

    @bernardoheusi6146

    Жыл бұрын

    Banana! Banana!

  • @chrisrojas3561

    @chrisrojas3561

    Жыл бұрын

    Just need to make an NFT of the thumbnail and sell it

  • @sunnychandi
    @sunnychandi20 күн бұрын

    Well done mate. New to your channel. So detailed and right. Can’t imagine the time and effort to edit this video

  • @leiim7070
    @leiim7070Ай бұрын

    Mate, your documentaries are really really fantastic! Glad I found your channel 😊

  • @Martin-qb2mw
    @Martin-qb2mw4 ай бұрын

    What is most chocking to me about 2021 and 2020 was that people who are economically independent with 100s of millions in their bank accounts would promote scams to their followers for peanuts. It's completely mind-blowing.

  • @podfather6448

    @podfather6448

    4 ай бұрын

    The way they accumulated their outside money would be considered peanuts. But when you funnel them all together, it’s more millions in the bank.

  • @Terranova339

    @Terranova339

    4 ай бұрын

    wtf is "chocking" ? you mean choking? or "shocking"? learn how to spell

  • @Martin-qb2mw

    @Martin-qb2mw

    4 ай бұрын

    ​@@Terranova339 I am not a native English Speaker. Let me know if you want to communicate in Spanish instead or Swedish instead.

  • @Terranova339

    @Terranova339

    4 ай бұрын

    @@Martin-qb2mw I speak 8 languages, but I'm not dumb enough to mess up a global language so badly. Sign of lack of education.

  • @Martin-qb2mw

    @Martin-qb2mw

    4 ай бұрын

    ​@@Terranova339 I have a Master of Science in a field related to AI. If you want to insult me you have to try something other than "uneducated". I have a suggestion for you. Instead of getting angry at random sh1t on the internet, try going outside and touch grass. You will feel better. Best of luck.

  • @asyncasync
    @asyncasync2 ай бұрын

    You posted this literally at the very bottom of the bear market. Absolute perfect bottom.

  • @trousersnake81

    @trousersnake81

    Ай бұрын

    wish i'd seen it then lol, clear signal

  • @ManasTunga
    @ManasTungaАй бұрын

    Don't you think visa, master card, and all the bank branches and their offices and their servers around the world are burning much more energy to maintain their system compared to bitcoin.

  • @rkoser5078
    @rkoser50782 күн бұрын

    If the Internet went down say for a week, what would btc be worth?

  • @jpm_drums
    @jpm_drums Жыл бұрын

    James, I think KZread is getting too small for you. Your quality in documentary and storytelling are unmatched. This felt like a proper feature film.

  • @knosismercury

    @knosismercury

    Жыл бұрын

    KZread is literally the LARGEST platform for his content.. you're just like an old person, aka a boomer, so that's why you ignorantly think that there's more money for creators outside of youtube..

  • @enriquevaldivieso1661

    @enriquevaldivieso1661

    Жыл бұрын

    @@canyuksel7215 Are you inviting people to watch @coinbureau ?? seriously? the same guy who mention how great LUNA or CARDANO will go up or perhaps how good he use to talk about FTX??? you are cracking me up dude.. @coinbureau it is just another crypto announcing tool use by all these scheme scenario.

  • @kebman

    @kebman

    Жыл бұрын

    Relax. It's a opinion piece on Bitcoin - of all things. They want to sell you CBDC's instead. They want to sell you dependency and slavery.

  • @BitcoinAndChess

    @BitcoinAndChess

    Жыл бұрын

    Too bad this video is full of factual and logical flaws.

  • @BitcoinAndChess

    @BitcoinAndChess

    Жыл бұрын

    @@ManPursueExcellence If the video creator wasn't such a pu$$y and would stop deleting my posts, you would have seen my lengthy outline of 10 examples of why this video is completely debunked. Makes you wonder why he needs to censor me, huh?

  • @fransamson
    @fransamson Жыл бұрын

    You know the bear market is almost over when this video goes viral.

  • @JEYMS

    @JEYMS

    Жыл бұрын

    Man this this and this right here.

  • @41dn

    @41dn

    Жыл бұрын

    i sure hope so

  • @derek4177

    @derek4177

    Жыл бұрын

    You know that the bearmarket is not even close to be over, when there is still so much hopium and people waiting for it to be over LOL

  • @JEYMS

    @JEYMS

    Жыл бұрын

    @@derek4177 The bear market has a long way to go I agree, that’s why you DCA. People who didn’t buy in the 20-15k and still waiting for 10k to buy are now butthurt because we are back above 20k. We might go to 10k, even lower if there is a true recession, but will those people buy at 10k ? I would be ready to bet that at that point they will “wait for 5k or 1k”

  • @derek4177

    @derek4177

    Жыл бұрын

    @@JEYMS oh boy lol, dont tell me I am butthurt, just because I have this opinion. That just exposes yourself as an emotional trader, like a projection of yourself. :) I actually timed it pretty well and bought bitcoin for 15500$ 👌and I will hold that for a while. Even though I still believe we will very likely go way lower, but this way I am not 100% out of the market, which you whould never be in general. I will be buying at 12k, at 10k, and everything under 10k of course. I am still about 90% not invested, because I am pretty certain dark times are ahead. This fake rally here I never took serious. Look how almost everyone turned bullish within a month again, still so much dumb money hahaha that clearly indicates, we are not even close to the end of a bearmarket.

  • @jong8427
    @jong842723 күн бұрын

    Bitcoin NOT crypto.

  • @Peleski
    @Peleski15 күн бұрын

    When I saw that NFT art was verified by essentially a pointer URL, I thought of all the URLs from ten years ago that are now dead. That's gotta be the shortest art 'ownership' of the century.

  • @fzaers
    @fzaers Жыл бұрын

    One of the most frustrating thing about crypto is hearing people act like smart asses knowing what the hell they are getting into, throwing new terms and big sounding words doesn't mean they know how it works

  • @Drift0x

    @Drift0x

    Жыл бұрын

    Ok boomer 😄

  • @FaresDjebbar

    @FaresDjebbar

    Жыл бұрын

    @@Drift0x Well you already roasted yourself with that profile pic. Smart person.

  • @mister_M.

    @mister_M.

    Жыл бұрын

    @@FaresDjebbarrekt

  • @Drift0x

    @Drift0x

    Жыл бұрын

    @@FaresDjebbar thanks man 😅👍

  • @fzaers

    @fzaers

    Жыл бұрын

    @@Drift0x hehehe we got a fish on the hook

  • @griffinemerson8475
    @griffinemerson8475 Жыл бұрын

    Who would have thought a digital currency designed to be naturally decentralized and difficult to track would be appealing to scammers?

  • @boldCactuslad

    @boldCactuslad

    Жыл бұрын

    On tracking, BTC and ETH are completely public. It's incredible how many people have gotten in trouble with the tax man for trying to hide income on them.

  • @YOSSARIAN313

    @YOSSARIAN313

    Жыл бұрын

    ​@@boldCactuslad yeah you can just launder the money and use anonymous wallets to avoid that

  • @blakksheep736

    @blakksheep736

    Жыл бұрын

    @@gregkaczmarek7084 wdym?

  • @sexballs

    @sexballs

    Жыл бұрын

    ​@@YOSSARIAN313 You've got it quite wrong. The appeal is the permanence, not the anonymity. You can't charge it back, but you always know where it goes.

  • @kroche90

    @kroche90

    Жыл бұрын

    Which is more difficult to track, cash or bitcoin?? You clearly haven't a clue what you are talking about

  • @stevem286
    @stevem28615 күн бұрын

    I did try. I managed 18 minutes of this bs.

  • @MoinXiTo
    @MoinXiTo23 күн бұрын

    I have no BTC. But Block Rock has more

  • @BusinessWolf1
    @BusinessWolf1 Жыл бұрын

    As per usual, the best policy is to ignore the noise and keep working on providing real value through products and/or services.

  • @Hk7762Tube

    @Hk7762Tube

    Жыл бұрын

    AMD fanboi detected! (sorry, I couldn't help myself)

  • @BusinessWolf1

    @BusinessWolf1

    Жыл бұрын

    @@Hk7762Tube omg that's funny XDD just saw it now

  • @mruncletheredge

    @mruncletheredge

    Жыл бұрын

    I'd like to point out that one of the major problems with Cryptocurrency is that what government in the world will allow Crypto to take over THEIR control? Organisations like the Central Banks and the WEF will simply come in and create their own digital currency. Once they legalize THEIR digital currency worldwide then, who in the world could compete with them?

  • @shaq9361

    @shaq9361

    Жыл бұрын

    that requires "work" though

  • @BusinessWolf1

    @BusinessWolf1

    Жыл бұрын

    @@shaq9361 most thing worth doing do

  • @abhinandup
    @abhinandup2 ай бұрын

    Greed sells. So does fear. You can exploit people’s hopes and dreams but you can also exploit people’s resignation and cynicism.

  • Күн бұрын

    You need to watch this on good speakers. I mean, cinema like. Woburn II worked for me though. Sound edit is top notch.

  • @Randomsitos
    @RandomsitosАй бұрын

    Can anyone explain AMS89K?

  • @JL-gg5ib

    @JL-gg5ib

    28 күн бұрын

    Scam

  • @jedi77palmer

    @jedi77palmer

    25 күн бұрын

    Its not real

  • @fro9732
    @fro97322 ай бұрын

    This aged well

  • @camwalker1186

    @camwalker1186

    2 ай бұрын

    You won’t

  • @StudioFocus-hh7dx

    @StudioFocus-hh7dx

    2 ай бұрын

    90 percent of people invested in crypto lost their money

  • @fro9732

    @fro9732

    2 ай бұрын

    @@StudioFocus-hh7dx be that 10% and educate yourself

  • @sykomode

    @sykomode

    2 ай бұрын

    Thats how all markets work, smart money wins@@StudioFocus-hh7dx

  • @anotherinternetidiot6300

    @anotherinternetidiot6300

    2 ай бұрын

    ​@@StudioFocus-hh7dxthe irony when a bitcoin Andy Tate fanboy says something like "educate yourself" 😂

  • @johnwu3593
    @johnwu35935 ай бұрын

    This is the exact therapy I needed for having consistently missed the best investment of our lifetime.

  • @wedgecharger

    @wedgecharger

    5 ай бұрын

    Hey bro do you see my comment I made 3 months ago .

  • @nathan.861

    @nathan.861

    5 ай бұрын

    He made this video at the stone cold bottom. It was 16k and now it is 43k

  • @mouademalki680

    @mouademalki680

    5 ай бұрын

    truly bro @@nathan.861

  • @__________o____________

    @__________o____________

    5 ай бұрын

    The guy who made this video is a bum, I earned more than him just from crypto 😂

  • @ergonaut940

    @ergonaut940

    5 ай бұрын

    @@nathan.861 he is a buttcoiner lmfaoo

  • @Jk-oz5qn
    @Jk-oz5qn6 күн бұрын

    People need to start realising its a gamble not a scam and the difference between shitcoins and memecoins to coins backed by actual utilities

  • @turdeaugottago114
    @turdeaugottago1149 ай бұрын

    its far easier to fool someone than it is to convince them they are being fooled. human behavior is predictable and manipulatable

  • @jimjackson4256

    @jimjackson4256

    9 ай бұрын

    Best comment today.

  • @namechanges9106

    @namechanges9106

    9 ай бұрын

    For real 😢😢😢 noatter how often we are fooled we just go.and get fooled...😂

  • @BewareTheLilyOfTheValley

    @BewareTheLilyOfTheValley

    9 ай бұрын

    This is a line I hear very frequently with stories about MLM's and those who join them. They're scams all the way to the top but trying to get someone deeply rooted in one out of it is damn near impossible unless they can somehow see the truth with their own eyes. It's honestly the female variant of the culture around crypto currencies, down to the gaslighting if you ever raise any concerns about the MLM and shaming or blocking you from the rest of the group to keep you from causing others to leave. These are essentially cults.

  • @lts30000

    @lts30000

    9 ай бұрын

    Your all simply being distracted. The human mind is a beautiful thing Greed and self pity I avoid This is the first year of the grand solar minimum - the 400-year cycle of the Sun all society's collapse is during this-cycle. Every 250 years this world goes on another cycle centralized to decentralized and back. You ar

  • @WilliamJake-fz6iq
    @WilliamJake-fz6iq5 күн бұрын

    Very well done *Briskdeft* for stopping even more scammers. I'm from Brazil, My question is why are the USA FBI not shutting more of these scammers down and throwing them into jail for a very long time. They are scamming innocent people worldwide not only in the Brazil. Keep up your fantastic work. You deserve an National Awards For your generosity. you have stepped up with courage and strength you put to do this *Briskdeft* 🇷🇪

  • @bmmartin1684
    @bmmartin1684 Жыл бұрын

    The Axie Infinity segment of this video is just humanity's darkness at its best

  • @RustOnWheels

    @RustOnWheels

    Жыл бұрын

    Slave labor.

  • @TrumpForPrison2023

    @TrumpForPrison2023

    Жыл бұрын

    My literal first question when I heard "Play to Earn", was, if everyone who plays makes money... WHO LOSES? WHERE DOES THE MONEY COME FROM?

  • @raresoupninja

    @raresoupninja

    Жыл бұрын

    Bwahahah axie bought me a new gaming pc 😂 I hate this video nfts are a great idea done like shit imagine a rpg game where you could sell your hours of grinding on a marketplace for extra cash this already exists with face book this just stops scams of those transactions nfts will be back done right you will see

  • @raresoupninja

    @raresoupninja

    Жыл бұрын

    Saying crypto needs a use case is showing your iq! Was used to support truckers in the Canada protest when there bank accounts were locked by our natzi government as well as supporting European farmes

  • @RustOnWheels

    @RustOnWheels

    Жыл бұрын

    @@TrumpForPrison2023 the money comes from the greater fool. A token is a cookie jar and the value rises when people put their money in. The first one taking everybody’s money out is the winner, the rest is the loser. When the cookie jar is more like a silo and thousands of people throw their money in some small fish may do a cash grab or two too, like the guy replying above me about buying himself a computer. But eventually all the money thrown in will be taken out by a big entity leaving all those ‘investors’ with nothing.

  • @eshleyyy
    @eshleyyy Жыл бұрын

    I personally got into crypto because it was the only way for me to be paid by my employer overseas due to swift being blocked in my country due to sanctions. (You can probably figure out where I am from.) It was also a fairly secure way to complete transactions quickly without fearing chargeback from the other party, since everything on the blockchain is permanent and easily verifiable by anyone. There is genuine use for crypto which doesnt hurt people or the world, but its just not worth the hundreds and thousands of cashgrabs and rugpulls. I really hope technology gets to live on with projects like Monero, which has a unique and genuine usecase aswell, I just hope the nightmare of get rich quick schemes will come to an end.

  • @saintmte5076

    @saintmte5076

    Жыл бұрын

    Something thinking reasonably. There is CLEARLY issues with crypto, but that doesn't mean we cancel the whole thing. There are winners there, you just have to look REAL hard.

  • @arnaldosouza562

    @arnaldosouza562

    Жыл бұрын

    There are use cases happening right now with crypto mainly within underdeveloped countries for very different reasons (check other comments as well). Bitcoin won't die despite the drop in value. The biggest risk for its existence is if governments start to support freedom and responsible monetary solutions, which is not happening anytime soon.

  • @MnMEminem

    @MnMEminem

    Жыл бұрын

    The company i work for uses blockchain for publicly recording data(many kinds of data, won;t go into detail) that can't be altered! (never made a crypto currency) Transparency of transactions that can't be altered is key for many use cases including how is the tax payer money spent and where does it go after that! Web 3 is just an internet where you pay to use a website instead of having a free internet where your data is being tracked and sold! In crypto the people that got scammed are the ones who wanted to scam others! I don't see SPAC and STOCK scams seeing the same popularity as crypto...

  • @DajuSar

    @DajuSar

    Жыл бұрын

    @@MnMEminem So pay to use internet got it

  • @cecosvidovski

    @cecosvidovski

    Жыл бұрын

    I hate when people talk about crypto as scam... Yes there are a lot of people using it to make loads of money by scamming people but isn't the dollar the same thing? After removing the gold standard the dollar is worse than crypto because it's money printing is controlled by a centralized authority which prints money as they'd like to manipulate markets/inflation/etc. It's controlled by central banks. For me crypto is the better alternative to the current monetary system. Most of the things in this world are as valuable as people make them. Yes, there are things that are scarce like precious metals etc. Look at diamonds for example...

  • @elisabethdemoreaudandoy478
    @elisabethdemoreaudandoy478Ай бұрын

    Satoshi Nakamoto is Greenspan. Strangely enough, Bitcoin is always represented as a gold coin!

  • @deleon9k805
    @deleon9k80517 күн бұрын

    One of the biggest hurdles in human progress is the fact that bitcoin is misunderstood as being a crypto.

  • @nikkilengyel
    @nikkilengyel9 ай бұрын

    As an artist, I am so glad I didn't believe the NFT hype. Seeing the ugly "art" that was being popular and promoted, it told me that the big money won't be going to genuine artists, because the game is rigged. As usual.

  • @Communitycator

    @Communitycator

    8 ай бұрын

    same as modern art

  • @seriouscat2231

    @seriouscat2231

    8 ай бұрын

    The whole point is to transfer money from person A to person B. Nobody actually believes any of it is art.

  • @kappaiota5105

    @kappaiota5105

    8 ай бұрын

    NTFs were certainly hyped and abused .... by many. NTFs do have actual uses, though - for written contracts, deeds (signed or unsigned) and beyond ... even art - or collector items, real coins, etc... can be - verified via a public or private, distributed chain of blocks (records). I thought it was interesting they were able to find out lots of information behind the shady and scammy activity, because _MOST_ blockchains are public! Some do have strong privacy features, though...

  • @Underskore

    @Underskore

    8 ай бұрын

    The block chain itself doesn't even handle the actual nft, it's not efficient enough. You get a bloody link to the stupid thing.

  • @guilhermealmada1791

    @guilhermealmada1791

    8 ай бұрын

    It's important to make clear, the nfts are not the art itself. Nft is just a unique number you associate with the art to tell that art is yours, like an ID number.

  • @silverred6
    @silverred6 Жыл бұрын

    Please do one on exchanges next.

  • @smokelord2002

    @smokelord2002

    Жыл бұрын

    Exchanges are a symptom of the sickness, not the sickness itself.

  • @n3wt

    @n3wt

    Жыл бұрын

    Or a. Fake Lifestyle of rappers video. Will be interesting and humor

  • @DrifterZigzag

    @DrifterZigzag

    Жыл бұрын

    More on government corruption....

  • @CastleCrypto

    @CastleCrypto

    Жыл бұрын

    You exchange the biggest scam in the world (US Dollars) for sound money to stop the funding of endless wars. There, summed it up for you.

  • @McBonesJones

    @McBonesJones

    Жыл бұрын

    The exchanges are like the final boss of the crypto scam

  • @actualfacts1055
    @actualfacts1055Ай бұрын

    Art on the blockchain, worth what you are prepared to pay for it.

  • @rclewis01
    @rclewis01Ай бұрын

    So, people buy gold to hedge against inflation. But, if they buy Bitcoin to hedge against inflation, you say it is just speculation. Well, when you buy gold, you speculate that gold price will increase at or above the average inflation rate. No country, importer, exporter, or corporation will trust currencies of other countries in the near future. They will be forced to either settle debts using gold or Bitcoin. Which one will you use in the future?

  • @duiliopetrungaro8633
    @duiliopetrungaro863310 ай бұрын

    This video is so great and revealing it should be turned into an NFT and sold for more than a trillion dollars. So enlightning! Thanks James

  • @HondaTrumpAi

    @HondaTrumpAi

    9 ай бұрын

    😂😂😂😂😂😂

  • @TimileyinAfolabi

    @TimileyinAfolabi

    9 ай бұрын

    Crazy🤣🤣

  • @HondaTrumpAi

    @HondaTrumpAi

    9 ай бұрын

    This should age well 🌙🚀😂😂

  • @DimesterMaster

    @DimesterMaster

    9 ай бұрын

    you do realize he actually posted this video exactly at the cycle bottom of Bitcoin, right? at ~$16k go ahead, look at the price of Bitcoin now 🤦now look at the price a month ago when you posted this comment🤦 much enlightenment right, very wow🤔

  • @rushabh_sheth

    @rushabh_sheth

    9 ай бұрын

    ​@@DimesterMastershould had been a buy signal but then again we have Cramer for that.

  • @lmagee1417
    @lmagee14173 ай бұрын

    If BTC is a scam, then the Fed and the world's central banks printing a massive amount of fiat dollars is a bigger scam

  • @wakomikro

    @wakomikro

    3 ай бұрын

    Yes

  • @nothinghere1996

    @nothinghere1996

    3 ай бұрын

    yes

  • @anirudhg5629

    @anirudhg5629

    3 ай бұрын

    Fiat currency is not pitched as an investment. You don't have people trying to sell you fiat currency because the US Dollar is going to go "to the moon". Cryptocurrencies, if used merely as a currency, is not a scam because the underlying math behind blockchain is solid. But if it is being sold as a way to get rich, it is nothing but a "Greater Fool" scam because it has no intrinsic value whatsoever.

  • @vipin5926

    @vipin5926

    3 ай бұрын

    He saying only negative side of one picture, he must see other side (positive) of the picture too. The way he told story in same way all business in the word is big scam too... e.g. Coca-Cola, Pepsi, all tobacco companies, liquor and wine companies too a big scam. So directly or in directly this whole world is scam.

  • @somerandomvertebrate9262

    @somerandomvertebrate9262

    3 ай бұрын

    Not really, as just as fiat dollars are a derivative of gold, BTC is a derivative of fiat currency.

  • @technofeeliak
    @technofeeliak9 сағат бұрын

    In a word, this is... brilliant!

  • @TheMagicalPoison
    @TheMagicalPoison4 ай бұрын

    Those NFT artworks are mainly for money laundering. It's even much easier and bigger than money laundering in casinos.

  • @rhea6122

    @rhea6122

    3 ай бұрын

    That was my first thought

  • @ezrabaraka3583

    @ezrabaraka3583

    3 ай бұрын

    It’s similar to money laundering with paintings and fine art - now it’s through digital art

  • @Kartoff3ltroll

    @Kartoff3ltroll

    3 ай бұрын

    The use case! We finally found it!

  • @shingshong4550

    @shingshong4550

    3 ай бұрын

    It's not that the president's son is engaging in money laundering through artwork, right? lmao you don't need NFT's for that. But you can. lol.

  • @Brunolikespie2020

    @Brunolikespie2020

    3 ай бұрын

    happens in real life to with very expensive paintings and luxury's.

  • @DavidBrocekArt
    @DavidBrocekArt8 ай бұрын

    As an artist I was very excited when I first heard about the NFT's. Because at first it seemed so good for me like "yes, finally artists are able to sell their digital art for the same value as the traditional art." Then I found out that all of the people who are interested in this "art collection", are stoner classmates from my highschool, unemployed people and influencers... That didn't sound right.

  • @maandaz223

    @maandaz223

    7 ай бұрын

    LOL

  • @blinkinbaboonbiskit

    @blinkinbaboonbiskit

    7 ай бұрын

    unfortunate. Because digital artists, who have been creating digital works since the late 50s, see a Non-fungible Token (NFT) as a 'canvas'. And they continue to create and use this 'canvas' to deliver their work effectively and profitably.

  • @disguisewhat5452

    @disguisewhat5452

    7 ай бұрын

    Sounds very much like the art market to me.

  • @bravebee9932

    @bravebee9932

    7 ай бұрын

    Why can't I screenshot an NFT that's say worth 10 million but only sell it for 100k?

  • @jaylucas8352

    @jaylucas8352

    7 ай бұрын

    You can screenshot my butt hairs and paint them as art and sell them for 1 million each and just pay me ten percent like 100k lemme know when you are ready.

  • @GGE415
    @GGE41514 күн бұрын

    The title easily applies to money itself lol

  • @drewstancill1767
    @drewstancill176723 күн бұрын

    Well this aged like milk lol

  • @WolfmanDude

    @WolfmanDude

    6 күн бұрын

    Why? You still cant buy anything with crypto

  • @starwarsovercome2798

    @starwarsovercome2798

    5 күн бұрын

    @@WolfmanDude They literally just passed a crypto Bill bro lol. It will be a legitimate currency in the next decade.

  • @seanjohnsonbaugh2692

    @seanjohnsonbaugh2692

    4 күн бұрын

    @@WolfmanDude bros crying

  • @FermentedBigMac
    @FermentedBigMac2 ай бұрын

    What buying the top does to a mf

  • @neatpolygons8500

    @neatpolygons8500

    2 ай бұрын

    lol

  • @shakoom_

    @shakoom_

    2 ай бұрын

    Lmao

  • @maciejzastawny88

    @maciejzastawny88

    2 ай бұрын

    Exactly how i feel when I'm watching him. Sold low and he made this movie to cry about it. :D

  • @abisheks5272

    @abisheks5272

    2 ай бұрын

    😂😂

  • @Blugharm

    @Blugharm

    2 ай бұрын

    the most beautiful comment

  • @p.d.stanhope7088
    @p.d.stanhope70887 ай бұрын

    There needs to be massive lawsuits against celebrities and influencers over crypto scams.

  • @user-lc4sn6ks8r

    @user-lc4sn6ks8r

    7 ай бұрын

    there is a lot of people got sued

  • @boatburnerice7925

    @boatburnerice7925

    7 ай бұрын

    but you are ok that the government can just print paper and just give it away. You work for that paper and pay tax on it and then your government gives it away to other countries without your vote. BTC was made cause the gold standard was gone...so BTC was digital gold so people can hold they're own form of money. You can just take your bitcoin and leave your country and it has the same value anywhere in the world.

  • @joparkcat

    @joparkcat

    6 ай бұрын

    i enjoy watching people getting scammed. 😄

  • @p.d.stanhope7088

    @p.d.stanhope7088

    6 ай бұрын

    Yes, it is the basis of fiat currency and not specie based since 1971. The reason the U.S. gets away with it, because it is the world's sole power both militarily and economically. Anyone involved in cryptos and they're serious about it being a "security" should be advocating for government regulation. Originally, it never had a chance as a replacement currency. @@boatburnerice7925

  • @josephhuman7390

    @josephhuman7390

    6 ай бұрын

    ​@@joparkcathahaha I appreciate you being honest, I but a lot of people feel that way, but openly will not admit it, respect for your game.

  • @frankherman5195
    @frankherman519523 күн бұрын

    Bought 10,000 acres in Dustbowl, Oklahoma. Only thing wrong was no water included. Getting rich doesn't come free.

  • @f554uv1
    @f554uv1 Жыл бұрын

    Im a software engineer based in Vietnam. I develop mobile apps, REST api's, database driven apps, all that full-stack good stuff. I create solutions that solve real problems, for businesses. Its all very practical and the utility speaks for itself. Early in 2022, Chinese New Year, i met my wifes Auntie, she was enthusiastically telling me all about her son who is in "blockchain, crypto and nft". Her eyes lit up as she spoke about it because he was "on the cutting edge". Naturally I was skeptical and warned her that there wasnt much longetivity in the space, and i advised her to try and steer him away from it. She was deeply offended by what i had to say. Later that day her son came to meet me. I told him he should focus on more conventional programming such as app dev, website dev, etc. It was like speaking to a brick wall, he just wasnt interested, he had been sucked into the mania. Since then he has been laid off from the New York based agency he worked for (they went bankrupt) abd he is struggling to find a similar job. Ill be meeting him again for the chinese New Year, it will be quite difficult to avoid saying the words "i told you so". Poor kid drank the koolaid and wasted a year, he really should have took my advice.

  • @chickenlittle5095

    @chickenlittle5095

    Жыл бұрын

    At least it was only a year and I take it he is pretty young. Best you can do is guide him in the right direction and hope for the best. Don’t be too hard on him, like you said he drank the kool aid along with many, many others.

  • @MARKCRASTO

    @MARKCRASTO

    Жыл бұрын

    Destroy him 🤣

  • @wa2k360

    @wa2k360

    Жыл бұрын

    The poor Kid did what he wanted and had fun doing it. He’s not crazy he’s just not you.

  • @f554uv1

    @f554uv1

    Жыл бұрын

    @@wa2k360 being lead down the garden path by web 3.0 nonsense isnt fun, now he is playing catch up, wasted a year.

  • @dbased1915

    @dbased1915

    Жыл бұрын

    larger more volatile boom and bust cycles. Just like recent big tech layoffs but more extreme, these web3 companies become extremely overvalued and bloated now are cutting back severely.

  • @agsbxnskqbwjakq
    @agsbxnskqbwjakq25 күн бұрын

    The dish-soap brains in the comments saying "shows you the price is high now" are absolutely killing me 😂😂😂

  • @PBoyle
    @PBoyle Жыл бұрын

    Is this video available as an NFT?

  • @StephenBerth

    @StephenBerth

    8 ай бұрын

    If it is it'd have to be loaded on BSV blockchain, I believe.

  • @ChrisHodges87

    @ChrisHodges87

    7 ай бұрын

    Dude! That is really funny.

  • @ThePrabutube
    @ThePrabutube Жыл бұрын

    The demolition man is back in action.. we need more of Janis to expose scams. Keep up the good work bro

  • @evil_duck6405

    @evil_duck6405

    Жыл бұрын

    check coffeezilla, the plain bagel, patrick boyle

  • @richestmanoftwitch5058

    @richestmanoftwitch5058

    Жыл бұрын

    @@evil_duck6405 check Nick films “The dark side of fame” (search it)

  • @Lorenzo1972.

    @Lorenzo1972.

    Жыл бұрын

    Can’t wait to see what you think of him by the end of 2024. “You mean I could have bought Bitcoin at $20k but I listened to this buffoon and now he’s telling me to buy at $100k after he finally understands the paradigm shift.” Maybe read “The Fiat Standard”.

  • @mycosys

    @mycosys

    Жыл бұрын

    @@Lorenzo1972. ah, so you agree with him that it is an unregistered security, not a transaction implement. Nice job spinning the Ponzi scheme 'get in early' spiel tho.

  • @slevinlucky3240

    @slevinlucky3240

    Жыл бұрын

    @@Lorenzo1972. exactly. The idiots don’t understand Bitcoin and listen to some muppet. Let them keep their inflating fiat

  • @DriftLibrary
    @DriftLibrary24 күн бұрын

    Imagine holding Gold for the first 13 years thinking it’s nothing more than just a pretty rock.

  • @mourad2625
    @mourad2625Ай бұрын

    Nice piece James. Keep it up.