dude i’m scared of getting a speeding ticket. how the hell do people just commit multi-billion dollar fraud like it’s a career choice you learn about in high school? insane.

@rpfoxw

3 жыл бұрын

Step 1: Be a sociopath

@gamercod3520

3 жыл бұрын

@@rpfoxw Ok step 2??

@DJVARAO

3 жыл бұрын

Because they can?

@DJVARAO

3 жыл бұрын

@@gamercod3520 Step 2: start scamming as if there is no tomorrow.

@nicomal

3 жыл бұрын

Something wrong with their brains…. Or ducks

“Hey what happened to your auditor?” “Oh we fired him because he was doing his job a bit *TOO* well.”

@zoereed6539

Жыл бұрын

You know when they be firing there auditor that it’s all over.

@fiveoneecho

Жыл бұрын

"I have fired the horsecatcher"

@bro6568

Жыл бұрын

You know I couldn’t care less if Tether blows up but the government or any real world bank just better not bail them out. That probably will happen seeing what happened in 2008…..

@galil_6863

Жыл бұрын

"because he wasn't in on it"

@anthonyvita886

Жыл бұрын

"He wouldn't take the bribes to half-ass his job"

As Peter Zeihan once said, "not all cryptocurrency is a scam, some of it is just a pyramid scheme."

@cwill2127

12 күн бұрын

Tomato tomatoe

Famous last words: "Crypto is decentralized, and free of the corruption of the central banking system"

@JamEngulfer

2 жыл бұрын

People didn’t want it to be free of corruption, they just wanted to be the corrupt ones.

@hamyncheese

2 жыл бұрын

@@JamEngulfer Bingo! That is a universal truth

@kealeradecal6091

2 жыл бұрын

Anything can be corrupted, its just that with crypto, you're anonymous, and government cannot cover your ass and put any fraudster to jail and fet your money back

@paulminshall8793

2 жыл бұрын

Free of oversight as well. I bet most of the dollars backing Tether are now in the personal bank accounts of the founders.

@tokertalk9648

2 жыл бұрын

It looks like they were funneling a lot of cash into the Chinese real estate market through tether. Its estimated 1/3 of their 'commercial paper' was Evergrande bonds which are being defaulted on! This ponzi is propping up the chinese economy by a thread right now. WHen they go, everything else will follow shortly after. Shit is gonna get ugly fast!!!

Ah yes... Shroedinger's money reserves: the money is both there and not at the same time, and if you try to confirm, you become broke

@Hailmaryy28

2 жыл бұрын

Good one bro hahaha

@Faxy95

2 жыл бұрын

That's not even how you spell it but I'm not gonna be a grammar nazi cus that's funny lmao

@BlueBomberGamerOficial

2 жыл бұрын

quantic money

@adeleke5140

2 жыл бұрын

Lmaooo

@wealllikeitsomilkit4301

2 жыл бұрын

Men Id rather trust "Trust Me Bro" than these guys despite my Tethers

I'm honestly amazed that a year later, Tether is still around especially after all those crypto exchanges going under..

@klorell5319

Жыл бұрын

Not only that, a year later the Tether in circulation are 66B so in that 1 year since the video was posted they issued another 4B Tether.

@tobywillard6971

Жыл бұрын

winters not over yet

@mikev324

Жыл бұрын

@@klorell5319 If Tether is a scam, why aren't prosecutors looking into this? Will this just keep going?

@Arvl.

Жыл бұрын

So is it like good now?

@michiadams

Жыл бұрын

@@Arvl. Nah, their moneyprinter is still at it

The gentleman in the red shirt blew my mind. His like a top journalist. Where did he pulled all that information?! Must have taken months to dig out. Great job!

@cwill2127

12 күн бұрын

Yeah genuinely the most impressed I’ve been out of all his interviewees. And I’ve seen every video lol

The robot saying “it’s cringe” was way funnier than it should be

@tzvikrasner6073

Жыл бұрын

Sticking to the "you're gonna need a lot more than one drink" bit throughout the intro, even deliberately botching the greeting *twice* was serious commitment to a joke

@csnipper524

Жыл бұрын

At least i wasn't the only one

THIS is the kind of journalism crypto needs more of. There's too many people uncritical of what's happening in the crypto space and it's just going to lead to more fraud.

@mrmercedes745

3 жыл бұрын

That’s true, although I do admit the “China banned Bitcoin” FUD has definitely been overused since 2013, I wish sugarcoating that crypto is “going to the moon” would stop too

@grutopsy

3 жыл бұрын

finally someone tackled tether, the brrrrrrrrrrr machine behind the last huge BTC rally

@sensational136

3 жыл бұрын

You have no idea about crypto. Stay poor, I like that.

@grutopsy

3 жыл бұрын

@@sensational136 looool have fun being in a cult. few will understand, right?

@cgarett1071

3 жыл бұрын

@@grutopsy How so?

Stay safe brother. You’re shaking some huge tables and you’re a real journalist in my books. Stay safe ❤️

@changedname_8970

3 жыл бұрын

Tether Untethered

@tangol8170

3 жыл бұрын

Real journalist is a massive complement and a hard find nowadays and I couldn't agree more

@zyrrhos

3 жыл бұрын

@@tangol8170 Aaron Maté. Glenn Greenwald. Chris Hedges. Matt Taibbi. A few others. They're out there, but they're few and far between. I know one thing, I wouldn't want to be on the wrong side of these shady Tether cats.

@mrfahrenheit2006

2 жыл бұрын

True 99% of “journalists” are pure and utter scum nowadays

@siamsurf

2 жыл бұрын

Only replying to push this comment. :-)

This video isn't just an expose, it's art. Nice work!

@xehP

Жыл бұрын

100% art, this was posted a year ago, and tether is much stronger than before by 10%, why do you think that is?

@Miranox2

Жыл бұрын

@@xehP FTX also looked really strong until it collapsed in a single day. It's called fraud.

@xehP

Жыл бұрын

@@Miranox2 funny how he didn’t make a video on FTT 💀

@BlueSquatchproductions

Жыл бұрын

It's an NFT 😆 🤣

@CrafteyBucket

Жыл бұрын

@@xehP Why wouldnt they? Do you think that proves something?

Bravo Coffeezilla. Bravo. From an OG who has been frustrated since 2017 trying to call out Tether. I'm glad an expose like this is finally coming out into mainstream social common knowledge.

@rvahi

Жыл бұрын

Lol, the difference between tether and fed is?

@Unfezant33

Жыл бұрын

@@rvahi Fed's scam is more known than Tether's scam

@McKillins

Жыл бұрын

@@rvahi the army, the government oversight, the elections, US influence on the rest of the world, GDP, actual physical goods instead of just niche internet stuff. The list goes on. Is it perfect? Of course not. But it also isn't propping up the rest of the world's currency on it's back like tether and has much more real reason to be believed or forced into

@mgtowveteran3234

Жыл бұрын

Still not collapsing, lmfao. Missed the bottom, bobo.

@07kamichamakarin

Жыл бұрын

@@mgtowveteran3234 A huge crypto company without an audited FS is still a red flag. Love how you switched to another language to mock this person. Either you're scared or being creative.

“We’re firing our auditor because he knows too much.” Wut

@macsteezywayz4603

2 жыл бұрын

Because he was asking too many questions. Which is worse. It’s like trying to buy a house and the owner saying “well I tried to get the house inspected but the inspector was inspecting too much.”

@azrael7367

2 жыл бұрын

it's like being a food company and being like " we won't do a health inspection because the inspector is asking to much"

@ultraboombean

2 жыл бұрын

Not fishy at all

I'm a teacher and I'm over here taking notes on how to create a comprehensive, understandable, and engaging presentation. Keep up the great work, financial literacy is huge.

@johnsmith-fz5pz

2 жыл бұрын

I think I looked at what tether was recently. I was like what is it. because someone said you can get it to buy crypto. so I looked. and I think I found the same. that it was backed by "nothing" "debt lent out to people as a gurentee" but who where those lendies. "who ever they deemed safe to them" I was like umm no this doesn't seem very good

@FlareStorms

Жыл бұрын

...so today i learned that my old english teacher watches coffeezilla

@phenex5190

Жыл бұрын

That's amazing! I bet your lectures/presentations have improved as a result! Must be a cool teacher to comment on a coffeezilla video

@CryptoIncursion

Жыл бұрын

Coffeezilla is fantastic no doubt

"There's so much negativity" sounds like the fortune teller's excuse when put through an actual test and can't perform.

@mariecarie1

Жыл бұрын

It’s literally the same vernacular people in MLMs use. “Quit looking at how scammy this business is, you don’t need to know details. Don’t be so negative!” Kinda scary.

@TrackpadProductions

11 ай бұрын

They also both do the whole _"it doesn't work if you don't believe in it!"_ shtick, too.

So basically Tether and Bitfinex were founded by a syndicate of every possible villain out there.

@jarrodbright5231

4 ай бұрын

No, I think The Penguin steered clear of this one

@Ranoldopereztroika

4 ай бұрын

@@jarrodbright5231 🤣

Production quality is out of the world 🔥🔥

@jam4448

3 жыл бұрын

So... thoughts?

@josephsaji619

3 жыл бұрын

So whats the thought junggy 🤓

@8thdayadventist911

3 жыл бұрын

Not really. He made this video at home, not in space.

@foyoGames

3 жыл бұрын

Reminds me of Quinn's Ideas & Trollion

@jan_harald

3 жыл бұрын

well, the intro is kinda weird (at least when not regularly watching his videos) and fluidly merges into the video (basically requiring linking with a timestamp), other than that, yes, totally amazing

5 billion dollars in "assets" per employee. That says it all.

@murdey

3 жыл бұрын

Man it's wild to see you here. I miss your videos and hope you're well!

@hurdur6828

3 жыл бұрын

@@murdey yeah

@digiflex8550

3 жыл бұрын

Yeah wtf haven’t seen Vexxed in forever!

@digiflex8550

3 жыл бұрын

From the old RuneScape days to North Korea

@mikechisholm

3 жыл бұрын

When’s the next vid coming out lol

Your channel is so freaking good. Your work is so thorough and everything is presented well. I'm glad KZread finally recommended your channel to me

@SunnyNoSwami

Жыл бұрын

So true!

just a note: the crypto influencer talking about FUD had a top banner advertising blockFi. I'm curious if he was screaming FUD when it was suspected BlockFi was about to declare bankruptcy.

@jashansogi2641

Жыл бұрын

who?

@xehP

Жыл бұрын

a lot of crypto KZreadrs go in depth as to why something is considered FUD, they don't make fancy scripted and edited videos, they analyse and explain certain trends etc. wake up.

@jeffbrownstain

Жыл бұрын

@@xehP Ooof. Imagine agreeing with someone and then insulting them. Don't be so dense, you've made SO many replies on this channel this week 😶

@xehP

Жыл бұрын

@@jeffbrownstain I've probably made like 5 comments lmao generic liar.

@jeffbrownstain

Жыл бұрын

@@xehP I can see your comments on this channel and they range in the dozens, as can everyone else on youtube.

When he said “money’s there, can promise you that.” Literally sounded like he was lying lmao. I love crypto but man this is not good.

@smgg7191

3 жыл бұрын

But.... but we bank at the same bank

@FateYYZ

3 жыл бұрын

"Dollar's all there" [x] DOUBT

@stevev1008

3 жыл бұрын

In a foreign voice too, I watch too many movies to know that's the evil guy

@justjacqueline2004

3 жыл бұрын

"not good" ,love it. Me I am expressly avoiding the disaster coming soon.

@aj9969

3 жыл бұрын

Did he do the pinky promise ?

damn the whole board of the company looks like a criminal reunion

@samsonsoturian6013

3 жыл бұрын

Mafia. That's the word you want.

@johnpenguin9188

2 жыл бұрын

From *redacted*

@daniellarsson3453

2 жыл бұрын

Because it is.

@Scorch1028

2 жыл бұрын

It's amazing that there is so much "confidence" in a currency that no one can "prove" is backed by anything tangible.

@French4ward

2 жыл бұрын

I like that comment but I won't "like" it because the number of likes feels just about right 😆

watching these coffeezilla crypto episodes are extra enjoyable when you've never invested in any crypto and still have your money in your good ol bank.

@jimpollard9392

Жыл бұрын

...and you can rest assured that your accounts in your good ol' bank are just so rock-solid safe. Every dollar you've put there they've already lent out multiple times.

@kemc4985

Жыл бұрын

@@jimpollard9392 yeah but central banks are used by billions of people and are backed by governments and when they fail are bailed out by tax payers.. every crypto exchange ever has been a rug sir…

@st8ofmind325

Жыл бұрын

@@jimpollard9392 they’ve lent out every dollar yet he still has every dollar in his account. That’s how banks work.

@gicardee6756

Жыл бұрын

LMAO, you never really stopped and thought about this comment. Good ol banks are centralized and leverage their own asset. Sounds like FTX right? But hey, that 0.6% savings interest is juicy and bullish.

@jimpollard9392

Жыл бұрын

@@kemc4985 Ohhhh-kay. Backed by governments. And you can rest assured that they'll always do what they say they'll do. And you, the small-fry retail depositor, will not get shafted in favor of the big guys. With your tax money. You gotta trust the government, right? I mean, I take your point, but there'll come a day when you can't trust anyone. That day may be approaching, fast.

Wait, Dan Friedberg from FTX was also part of the poker god mode scam, small world haha

@patrickedwards2078

Жыл бұрын

Oh this is just too good. Part of the poker scam which he was found trying to cover up, then supervised FTX's collapse and fraud, now we know he's part of tether

@IvanRandomDude

Жыл бұрын

It's a big club....

I’m gonna get out ahead of this and say Coffeezilla didn’t kill himself.

@Ipo024

3 жыл бұрын

This is a necessary comment.

@husseinmohamed4227

3 жыл бұрын

^^^

@BarbershopReviews

3 жыл бұрын

As long as he doesnt try to say the Clintons are involved....

@JFLAMEZ

3 жыл бұрын

Oh damn!!!!!!!!!! Real T

@at6932

3 жыл бұрын

ill second this as a certified clairvoyant lol

Love the editing on this one. Great work!

@askmeanything8336

3 жыл бұрын

*You have no clue.* ✔

@asswhole4195

3 жыл бұрын

Hey Patrick, would love to hear your take on Tether on your channel as well!!

@boyesjoe-joe5587

3 жыл бұрын

@@asswhole4195 yeah, that would be great

@fabrizi7362

3 жыл бұрын

Yeah, Pat. What do you think of tether. It will be a great video. Thanks👍

@slavenrasic2173

3 жыл бұрын

Are you using bots on your own comments???

Who'd have thought a digital lottery pyramid scheme currency would attract so many ponzi scheme trading companies?

@johndododoe1411

Жыл бұрын

Tether wasn't supposed to be any of they. Tether was supposed to be a trusted place to (indirectly) transfer actual cash between people buying and selling crypto currencies. If Tether actually refuses withdrawals (rather than having small print allowing them to refuse withdrawals), it's as big a problem as if a large bank did the same. Now the problem is that some shady people got involved, not that Tether was ever meant to be an inflated coupon.

@kmlckd

Жыл бұрын

Social media gives ponzi schemers a larger audience to prey on. Like has been stated, social media also contributes to a sense of FOMO, jealousy, and desperation, all in the hopes of getting rich quick. Social media isn't bad but bad people use it with bad intentions.

Watching this after SBF was arrested. Crypto is real easy to commit fraud with seems like.

@mandeepsinghkhosa5379

Жыл бұрын

decentralized and unregulated.

@krodmandoon3479

Жыл бұрын

The Super Best Friends were arrested? I thought they went their separate ways *years* ago.

@Coinbustersio

Жыл бұрын

Regulators failing as usual.

@tzvikrasner6073

Жыл бұрын

Just from what I'm seeing, crypto *is* fraud. Just straight-up. Been that way since the start.

@DemocratsAreDemonrats

Жыл бұрын

Yes tether still stands… so far

"mOnEY iS tHeRe i cAn pRoMIsE yOu tHaT" source: trust me bro

@neighborhoodcatlady6094

3 жыл бұрын

😹😹😹😹😹😹

@papajohnsuk5965

3 жыл бұрын

@@neighborhoodcatlady6094 😻😻😻😻

@celestial2091

3 жыл бұрын

thats the most stupid thing i hear some one say like ever!! lmao

@philh8023

3 жыл бұрын

I trust papa John more than all this criminal. Lol

@papajohnsuk5965

3 жыл бұрын

@@philh8023 they always deliver quick haha

This is damn scary. Having those type of characters behind tether is almost a guarantee something illegal is happening. Plus having a ceo saying I can’t show you but the money is there. I promise! That was chilling. Usually I try to keep it lite in the comments but there’s nothing to joke about in this piece. Good work Coffee. This type of information is priceless.

@kuso3079

Жыл бұрын

@crassgop that's my bank!

@glennwatson3313

Жыл бұрын

Well its kind of funny to me but then I keep my money in a coffee can buried in the back yard.

@stefanfrankel8157

Жыл бұрын

That type or those types. Singular, plural. Don't scramble them like eggs. That type of character or those types of characters. Buy a damned grammar book if you have to.

@pete614

Жыл бұрын

get out while you can

@piercearora7681

Жыл бұрын

​@@stefanfrankel8157 As a fellow nerd who gets triggered by grammar errors, I have to say, it was probably just a typo bruh.

Bro I don’t even trade, or have any knowledge of crypto currency whatsoever. I just found your channel to be similar to the guys who break the scam call centers in India, and I love it.

Crypto "innovators:" The banking system is overcomplicated and corrupt. There needs to be an alternative in case it falls apart. Also them: Let me become a caricature of the corruption and overcomplication of the banking sector, achieving peak brokenness in a fraction of the time, and do it all very publicly. Really leaves someone like me - a sceptic of crypto and a doomer of the economy - in a tricky spot 😂

@r-pupz7032

Жыл бұрын

I really feel you. Embrace socialism my friend! I'm an anarchist (not the right wing libertarian kind) and pour my fear and doomer tendencies into local food banks, communal gardens, and other local projects. I know that I'm not changing the world but I strongly believe that big change comes from the ground up 💚

@tamanna4697

Жыл бұрын

@@r-pupz7032 ew not socialism

@aceone2156

Жыл бұрын

​@@r-pupz7032 Anarchy, Yes. Socialism, No.

@JSowder21

Жыл бұрын

@@aceone2156 they're one in the same, depending on who you ask.

@ShadowHawk44

Жыл бұрын

@@r-pupz7032 You can't be an anarchist and a socialist at the same, the two are mutually exclusive. Socialism requires a central enforcement body to make people comply with it's rules. Anarchy is the absence of central enforcement bodies and rules. You kinda need to pick one or the other.

If someone started a business where they give you a token/coin/piece of paper that represents a dollar, the first thing I expect them to do is give more tokens than they have dollars, because that's always what happens.

@BeersAndBeatsPDX

2 жыл бұрын

If it's worth a dollar why not just use a dollar?

@custxm.creations

2 жыл бұрын

@@BeersAndBeatsPDX crypto to crypto transaction not crypto to fiat. None taxable till it’s USD so they made USDT

@m_fredi9549

2 жыл бұрын

Like, gold standard all over again

@scoopitywoop

2 жыл бұрын

@@BeersAndBeatsPDX it's like buying arcade tokens, they have their own unique use

@brandonpotter4641

2 жыл бұрын

Oldest trick in the book. Banks have been doing that with loan papers since at least the 1800s

You make incredible videos.... the research, the editing, the narration...keep it up man. Love this channel

@mbands

3 жыл бұрын

Greetings my sapling

@Mario-qh2lr

3 жыл бұрын

My young sap

@DatzTragicNewPatek

3 жыл бұрын

Funny seeing you here

@myresonance8013

3 жыл бұрын

Are you his room mate ?!?

@alimc1867

3 жыл бұрын

Bruh what, sneaker reseller watching anti scam KZreadrs?

The shameless bravado and ego needed to be such a pos is astounding. Love your work Coffeezilla

@squibbelsmcjohnson

Жыл бұрын

Naw it takes not having empathy and being psychopath

This needs an update!

@Harris15000

Жыл бұрын

Why is that? Explain please.

@drerook2706

Жыл бұрын

@@Harris15000 because since this was made FTX just fell. FTX’s parent company Alemeda is the largest holder of USDT in the billions. If FTX didn’t have liquidity due to insolvency because it was sending everything over to Alemeda to “invest” then Alemeda’s holdings are owed to someone else at best… or (and more likely) gone….

@streetracer2321

Жыл бұрын

The update is, he turned out to be wrong, by all indications

@Kill3rwasp

Жыл бұрын

@@streetracer2321 how so?

@streetracer2321

Жыл бұрын

@@Kill3rwasp it’s been over a year since the ‘exposé’ and Tether is still working fine

I was listening on my drive home and straight up pulled over to give this my full attention

@VinceVintage

3 жыл бұрын

its that good right?!

@aa2220

3 жыл бұрын

Did you dump your bag?

@havenkeeper6400

3 жыл бұрын

I was laying down ready to go to bed now here i am full boar in my trousers about to watch the full thing

@terryshin4948

3 жыл бұрын

Hahaha that's funny

@osl5686

3 жыл бұрын

Guyz I don't have Bitc.¡n but even I am looking out of my window of my overpriced high-rise concerned 😬

Im a crypto trader, this is not FUD, this is real journalism. Thanks to bring awearness to the subject. I hope Tether turns out to be legit, because is conserning that the whole crypto market liquidity is sitting on this time bomb.

@jbrickman6403

2 жыл бұрын

@Bignuke87 you're right, but the point is that it's the third largest crypto coin by market cap. What does that say about the rest of the market. Do not forget, Bernie Madoff did his scams just prior to the 2008 market crash.

@Vaultboy101

2 жыл бұрын

So what you're saying is, I should get in once Tether collapses?

@buttsauceable

2 жыл бұрын

hope this fucking annihilates the crypto market.

@chethanmohan

2 жыл бұрын

what measures are you taking to protect yourself?

@face1159

2 жыл бұрын

@@buttsauceable I doubt it

Crypto has proven to be the best example of the phrase, "Absolute power corrupts absolutely." This is why we need regulation, bc without regulation they have absolute power over what they do with the funds, corrupting them into always pulling the rug.

@NoKingsNoGodsOnlyMan

Жыл бұрын

wouldn't the regulators then have even more power, which corrupts? They protect the powerful and connected. Don't get it twisted. Open competition where customers regulate with their dollars is the only way that works, and that's moral.

@jsupim1

Жыл бұрын

Did you miss the part where the feds seized Bitfinex's money? Without that "regulation", Bitfinex would still have 850mln $ !

@p39483

Жыл бұрын

What we need is real money. Crypto wouldn't even exist if government didn't already steal everyone's gold (FDR 1933) and wildly inflate the price of gold (congress 1934) and finally leave gold completely (NWO 1971) and slap everyone in the face with a bailout 2008. Regulating crypto will merely spawn new crypto. And really that's the point. Stealing is the game.

@NoKingsNoGodsOnlyMan

Жыл бұрын

Yeah, that's cute. You still think the government cares about you.

@9xqspx6

8 ай бұрын

You are delusional if you think your government is there to protect you. They are doing the same things as Tether... The difference is they have a Police and an Army backing them. And you can hear more and more about how various governments are working on making their own cryptocurrencies and how they are planning to take cash out of the market... because they realized that there is much more money to be stolen and they are missing out, especially by not having full control of all of the money everyone has. I wouldn't be surprised if they hired people like those at Tether to tutor them...

Stephen history is going to be very kind to you and you children and grand children will be proud of you. You have created a high standard and have won over a huge following and you now have earned the fear and respect of the Crypto dudes, KEEP up this important work and thank you sir

Is it me or has the quality of this video or just channel in general went up like crazy. So Netflix worthy..probably better! I knew pumping the $ZILLA stock would be worth it!

@unluckygamer692

3 жыл бұрын

$ZILLA TO THE MOON!!!!

@Bbfishman

3 жыл бұрын

hes been on netflix!! only in the credits but it counts in my book

@Slashx92

3 жыл бұрын

$ZILLA will pay my first born’s lambo!!!

@halilkuzyaka7213

3 жыл бұрын

I invested in $ZILLA before this vid. I guess im becoming a millionaire soon B)

@ivanyekimov1470

3 жыл бұрын

Gotta respect the pump!

Damn coffee this is the type of info that gets people disappeared. Thank you

@Dmartinez117

3 жыл бұрын

He and Jake Tran should start a youtube channel together

@est94

3 жыл бұрын

Nah , if he was talking about regular banks yeah

@maximo6037

3 жыл бұрын

Which of the 13 guys is gonna do it lol

How is this guy not on CNN, MSNBC and Fox so ordinary people can understand what’s really going in?…wait, never mind.

Whenever someone says, trust me, the money's there, I just remember this little phrase: Being a man, I know the heart of man. i.e. "Trust, but verify."

The thing that made me distrustful is that if they actually just backed Tether with USD they wouldn't be able to finance their operations

@99HockeyDad99

Жыл бұрын

Exactly - what is their business model

@onatkorucu842

Жыл бұрын

But why? Could you explain please? Why would not USD work?

@danxcanxcook

Жыл бұрын

@@onatkorucu842 because technically they would have zero revenue.

@yj5990

Жыл бұрын

@@danxcanxcook But if they had a transaction fee then that would fund operations, like fiat currency exchanges do. So that element is not necessarily a red flag but yeah this company is seriously crooked

@9xqspx6

8 ай бұрын

I believe at some point it would: at the point when there is a large enough sum of money that pays them interest when they are holding it at a bank. But it seems like they very much pump a lot more out of it than that...

CNBC reporting it is opening criminal fraud case against Tether. Good work.

@nickbourgouin595

2 жыл бұрын

Here after the article.

After FTX this looks nearly identical, even the owners say identical things like “it’s fine” like SBF did lol…

Tether is the biggest stable coin scam in the world. Buyer beware. Love the work Coffee keep it up 👍 from Crypto Gypsy 🔮🔮

Your channel has helped me see how cryptocurrencies are literally the digital equivalent of going “hey buy these coconuts and use them as currency! Everyone else will too!” But no one does and you just buy a bunch of useless non-edible coconut coins in your basement

@Tential1

2 жыл бұрын

You can buy a company stock like Apple that makes more profit in one quarter than anyone else doee in a year, or coconuts....

@IamAWESOME3980

2 жыл бұрын

Hm... Tough decision. I will take the coconuts please

@FlareStorms

Жыл бұрын

cocor nut

@Jay_in_Japan

Жыл бұрын

Except that people do use cryptocurrencies Are you new to crypto?

@gruntledabhored

Жыл бұрын

Not all crypto is like that though....

This story is so crazy I thought Dan Lok was going to be involved somehow.

@SKY-wt2pp

3 жыл бұрын

where's Brian Rose?.....I know....taken the piss

@jimmytyan9791

3 жыл бұрын

@@SKY-wt2pp he took it then drank it

@bryantony9836

3 жыл бұрын

This comment had me rolling

@eznosnopes5276

3 жыл бұрын

@@SKY-wt2pp did you donate?

@SKY-wt2pp

3 жыл бұрын

@@eznosnopes5276 Urine too deep donating to him

CRAZY TO TAKE A LOOK AT THIS A YEAR LATER AND NOW EVERYONE TALKING ABOUT TETHER MIGHT COLAPSE

@sophiophile

Жыл бұрын

Tether 'untethered' from USD so many times and has wreaked havoc.

Stories like this are the prime example of why I never have and never will invest in crypto.

@pastadeadman4594

Жыл бұрын

I think it could've been a really good idea to invest in something like bitcoin years back before it became a trend, but at this point, trying to enter the crypto market means you're just begging to be scammed

@JahmmiOfficial

Жыл бұрын

There are scams everywhere I don't think your comment is relevant. Even the guy that made the video said he is holding crypto.

@TalkingMoneyWithNozi

Жыл бұрын

@@JahmmiOfficial it is relevant. Not to you, but to the person who made the comment.

@2oqh

Жыл бұрын

@@JahmmiOfficial and even he said there a chance he might lose it all w/ everyone else

@nicknorthcutt7680

Жыл бұрын

It needs regulation or else crypto won't work, period.

I totally trust a multibillionaire company run by 13 scammers...

@Brian-vs9sd

3 жыл бұрын

Are you referring to JP Morgan?

@louisvuitton1859

3 жыл бұрын

@@Brian-vs9sd do they have 13 employees?

@Brian-vs9sd

3 жыл бұрын

The key words are run by.

@DJVARAO

3 жыл бұрын

​@@Brian-vs9sd Sure, because a 13 guys scam operation is the same of a bank with 255,351 employees...

@DJVARAO

3 жыл бұрын

@@louisvuitton1859 That's what the video says: a total of 13 people run USDT.

That management team's circle of evil, holy sh*t. - Ponzi schemer - Pirate of software - Online ped0ph1le - Fixed Online Gambler - MMO farmer I have to ask: do they have an arms dealer too, somewhere at the reception desk?

@bbblahoo7

3 жыл бұрын

Phil! Edited: Phok!

@LuciferArc1

3 жыл бұрын

I mean...I really don't doubt it

@ssazerac

3 жыл бұрын

If those guys are busy running Tether, who’s running Hell?

@BanditDil210

3 жыл бұрын

What's so evil about being a MMO farmer tho lol

@ci6516

3 жыл бұрын

@@BanditDil210 paying people in the third world to farm mmo items is pretty scummy tho .

What's more amazing to me is that every exchange seems to be fine with this. Like they are too deep into the rabbit hole to get out of it.

@kitkat3501

Жыл бұрын

Which makes you go hmmmmm🤔

@zenkim6709

Жыл бұрын

Most likely they R all terrified of mentioning even *a whiff* of doubt or concern about the ticking Tether time bomb ... anything that could (further) erode the public perception of cryptocurrency in general & crypto exchanges in particular. It's like they've all planned & built a village or small town on a hillside or mountain slope that's prone to mudslides or avalanches -- any attempt to dismantle the community could set off a catastrophe, but if they simply sit on their thumbs then disaster is likely to come crashing down on their heads anyway. This seems to B a case of enormous wishful thinking: if they simply go on like business as usual, & keep reassuring everyone else that "everything is fine", the cryptobros hope that no one will notice the massive land subsidence event waiting to happen rite under everyone's feet....

One day people are going to come back and give this the "aged like fine wine comment" but times 100000000

I've been on a 'To Catch A Predator' binge watch recently, and there are some STARK similarities between the statement of Bitfinex and Tether being owned by the same people to an excuse one of the predators made. Right off the bat, he came in and said 'I'm here to meet Adriana... she's twenty-two.' Completely unprompted! Just blurts out 'SHE'S TWENTY TWO' because in his mind he has to insert that into the conversation somewhere because it's a flat-out lie and he has to get the truth covered up fast. That EXACT same cadence, the same hesitation, the same 'inserting something nobody goddamn asked about' happened in that statement. 'We're owned by the same people but we're not affiliated or anything like that... dollars are all there'. DOLLARS ARE ALL THERE. He just blurted that shit out immediately, unprompted, because he's LYING and needs to 'subtly' insert it into the conversation somewhere. Just like a predator blurting out 'she was twenty two' even though it makes no sense to bring that up right there and then.

@nickyblue4866

Жыл бұрын

No Jerry Griffith came to meet 22 she's adrianna years old!

@davidhatch40

Жыл бұрын

"I've been on a To Catch a Predator" is a bad way to start a sentence

@r-pupz7032

Жыл бұрын

Hey have you watched any of Dave's Lemonade predator commentary videos? He goes through the chat logs and the raw footage in the sting house. Most of his predator commentary videos are on his second channel, Dave's Lemons. Anyway I remember the interaction you referenced, it stuck with me too and you're spot on! They just couldn't wait, they needed that info out, it was in the front of their mind as it was their prepared lie. So they just spit it out, unprompted, without realising that just draws more attention to their deception. I'm not a body/speech analysis diehard, I think it's much less certain that some people think and everyone is different... But that just seems like such a enormous tell, something innocent people would not do. Good catch (a predator) !

@Thor-Orion

Жыл бұрын

Funny you talk about predators because Collins Rector was heavily connected with Epstein, Epstein is all over crypto land.

@mikeymy3042

Жыл бұрын

Some Chinese ambassador to the UK was on BBC news an asked why his government was putting Uighur Muslims into concentration camps and his response was we're not sterilizing the Uighur Muslims.

If everyone in the executive arm of tether was of good moral standing , this wouldn’t be an issue , I am not exactly sure of child predators, gamblers and Ponzi scheme enactor in charge of my money

@Brian-vs9sd

3 жыл бұрын

Exactly... I'd rather trust it with JP Morgan, Chase and HSBC... Oh.... Wait...

@fxmtoeclipse

3 жыл бұрын

@@Brian-vs9sd None of these banks issue a currency, try again

@bri4real

3 жыл бұрын

Start your own currency then because it’s going to be hard to find one. I’m even losing faith in gold/silver

@aj9969

3 жыл бұрын

@@Brian-vs9sd hold that bag bro.. hell yeah.. to the moon bois

@robpieterse2538

3 жыл бұрын

You can´t trust anyone with huge amounts of money. Period.

2010: We will create decentralized, deflationary currency to end the lunacy of debt. 2023: yeah let's just print more crap and keep it all in one place.

"Remember why we do this **fire money gun**" - Lol this was brilliant.

The further down this rabbit hole you go the more imaginary money becomes. Our entire financial system is one giant ponzi scheme

@iankmak

3 жыл бұрын

@Failed Society But you probably shouldn't play a ponzi scheme within a ponzi scheme. Then you have these crypto scammers eroding your coins while the US government erodes the value of the dollar which is what all these cryptos are based off of. Also its unlikely the US government will crash the dollar to zero while the same can't be said about these crypto exchanges and coin developers just running with your money.

@drx1xym154

3 жыл бұрын

@@iankmak -- most good cryptos are based on a borderless, mathmatical proof of value... the market decides. yes there are some shady things going on... even more so on the fiat currency side. BTC is digital gold. LTC is digital silver.... (faster and more liquid). ETH is distributed finance and cloud contracts. The USD has the "woke" military and oil (major commodities) behind it. There are other stable coins that could replace Tether ...they seem to be more honest (not difficult). Tether may well cause another BTC/Crypto winter - yet it always recovers.

@meganmcdonald5229

3 жыл бұрын

🤣👍

@thesuperiorman537

3 жыл бұрын

@@drx1xym154 yeah mathematical value that rises and falls because of Elon and China. Hmm seems legit!

@jesterbob828

3 жыл бұрын

@@drx1xym154 what are some better stable coins?

Proving once again that you put more effort into your investigations than the SEC does into theirs.

@TheChees1996

3 жыл бұрын

The sec are there to stop the small and poor people from getting rich

@freeagent.87

3 жыл бұрын

Crypto isn't regulated if that's what you're implying

@freeagent.87

3 жыл бұрын

@Mcillsonn if U.S. govt wants to tax it then they better regulate it too

@THICCTHICCTHICC

3 жыл бұрын

@Mcillsonn good luck regulating a decentralised concept

@cheery-hex

2 жыл бұрын

should be top comment!

As someone who has zero investments in crypto, I still find the countless fraudulent things that happen in the world of crypto are always fascinating and I'm glad I don't have to worry about any of this mess lol

@9xqspx6

8 ай бұрын

Have you not watched (listened to) the video? It can absolutely affect you and all of us.

That’s why I only buy and sell pet rocks. I can’t lose

@joecool4656

2 жыл бұрын

This comment made me laugh much harder than I want to admit

@flex-5213

2 жыл бұрын

@@joecool4656 same :)

@rtyzxc

2 жыл бұрын

I only trade blue axolotl in Minecraft

@1chienandalou

2 жыл бұрын

😆

@inthefade

2 жыл бұрын

I'm still sitting on all these tulip bulbs.

That teaser really made me the earliest I've ever been to the billion-dollar studio featuring the all mighty and quite handsome, Coffeezilla.

Love binge watching your videos! Your great man!

Good work. I'm not sure why the algorithm suddenly recommended this to me 1 year later.

The fact that this channel hasn't reached a million subs yet is an abomination.

@KenGreen-tm7si

3 жыл бұрын

The truth isn’t appealing to the masses

@bigdswinger

3 жыл бұрын

@@KenGreen-tm7si The video quality should be

@SyntheticFuture

3 жыл бұрын

@@bigdswinger most people will watch 5 seconds, look at their cryptowallet and be like "I'll be rich soon.. let's ignore this fool". Damn shame. I think Zilla is 100% on point.

@EwanMarshall

3 жыл бұрын

nah, currently it is an employer-sponsored defined contribution pension account.

@salis-salis

3 жыл бұрын

it should have 60 billion subscribers tbh

Doctor: sir, please turn your head and cough… Phil Potter: THE MONEY IS THERE!!!!!

@christopherhernandez3909

3 жыл бұрын

😂😂🤣😂🤣

@ewanssoman6321

3 жыл бұрын

Dollars are there *sad fraud noices*

@ferzinhaN

3 жыл бұрын

🤣🤣🤣😭

@aj9969

3 жыл бұрын

In sad valley girl accent

New subscriber. Nice videos. Been binge watching them. Do you have something about NFT games like Axie Infinity???

It's now 2024. Tether has broken $100B in circulation.

@heckingbamboozled8097

2 ай бұрын

Yeesh, it's gonna be real bad if it collapses

In Scotland we use the word fud to describe someone who is dim-witted.

@knockhello2604

3 жыл бұрын

@Lewis Kinney Kinney

What I've learned from this is that crypto is basically ran by the Suicide Squad...

@fdortely

2 жыл бұрын

😂😂😂

@719Flowers

2 жыл бұрын

Haha it’s the wild west right now furshur 😂

@CHEFJUJUBTCKING

2 жыл бұрын

@@face1159 only like 90 percent

I am so shocked to find that crypto space is full of scammers.

Very well done my man man loving your content 👍

Hearing him say "the dollars are there" sounds a lot like CZ saying "funds are safu"

@nachannachle2706

3 жыл бұрын

Different men, same scumbaggery.

@josaelizondo6773

3 жыл бұрын

I just loled really hard

@karlgredona1651

3 жыл бұрын

Cz does have a guarantee to pay you bavk what you lose money tru nefarious means. If binance gets hacked they do pay people back. Thats their main thing hence why binance is the biggest exchange in the crypto markets

@mr.amir_spb

3 жыл бұрын

@@karlgredona1651 there are no guarantees in crypto

@karlgredona1651

3 жыл бұрын

@@mr.amir_spb you say that as if theres a guarantee in traditional markets when you are irresponsible with your trades

As a crypto investor since mid 2016, this is hands down your best and most well-researched video.

@JohnPedder

3 жыл бұрын

I don’t think anyone from the crypto space, myself included, would call this video FUD. However, SafeMoon has the worst bunch of followers that comment the most hateful moronic shit to anyone that doesn’t advocate the purchase of safemoon.

@Ghettoize

3 жыл бұрын

@@JohnPedder HEY HEY HEY I like safemoon

@kensuke0

3 жыл бұрын

@@JohnPedder A lot of the Safemoon criticism has been FUD, let’s be honest.

@johnbahia5340

Жыл бұрын

Safemoon what?

@streetracer2321

Жыл бұрын

And yet a year later Tether is doing fine…..

I just gotta say how impressed I am with all your reporting, I kinda forgot what it was like to hear good journalism.

Eventually Tether will collapse. It's not just a matter of if, but when. And all of Crypto is going with it.

@jamiehendrix-sl3gy

5 ай бұрын

last sentence is wrong

@mitragyninethespeciosa6891

5 ай бұрын

No a few will survive, but they will not be nearly as valuable.

@hazzdazz

4 ай бұрын

​@@jamiehendrix-sl3gyDid you even watch the video? It is just a matter of time

@jamiehendrix-sl3gy

4 ай бұрын

@@hazzdazz i know damn well tethers gonna fall, cuz of it's off shore backed supply and audits lol. but Bitcoin and ethereum will never collapse

@heckingbamboozled8097

2 ай бұрын

​@jamiehendrix-sl3gy did you not watch the video, man? A massive aspect of bitcoins value comes from tether

This is journalism, I mean really good stuff

@NotoriousPyro

3 жыл бұрын

@@geams I just bought a car with tethers. What's this about gambling again?

"If u look too close to their funds, it may just vanish." That cracked me up.

Amazing video as always Coffee.

I just discovered these videos via the Lex Fridman podcast interview and have been binge watching. Watching the subscription numbers rapidly increase I suspect I’m not the only one. Excellent content.

just the way Potter ways “dollars are all there” is a huge red flag, not “all the tether is secured by dollars” or “the dollars are there in our vault” or even “THE dollars are all there” - just “dollars are all there” classic sign of lying, vague indefinite statements, yes dollars are there in the world but are they in your vault securing tether???

@anonismust

3 жыл бұрын

Tether is backed by Feathers

@IdontspeakBro.

3 жыл бұрын

@@anonismust lesthers

@jasonisfamous6544

3 жыл бұрын

@@anonismust backed by heathers

So glad I found you Coffeezilla - FINALLY a comprehensive well-researched vid on Tether that exposes everything people should know. Very few KZreadr's will admit to it's liabilities and outright sociopathic team that runs this scam making Elizabeth Holmes look like a friggin Saint. Keep caring and sharing! Your integrity is PRICELESS :)

@farmerfox99

2 жыл бұрын

Loved your comparison to Elizabeth. Holy smoke. Now that luna has tanked what do you think about chances of tether now?

@unknownvanguard8749

2 жыл бұрын

@@farmerfox99 Fucking Zero.

@ekki1993

Жыл бұрын

@farmerfox99 There's nothing but vaporwave on crypto. It's a billion dollar market that couldn't provide a single product that's better than non-crypto alternatives. The practical reality is that there's no value and you can only make money if bigger fools enter after you to lose the money you earn.

@holysmoke3201

Жыл бұрын

@@ekki1993 yeah, that's what they said about the internet before it became mainstream lol

@ekki1993

Жыл бұрын

@@holysmoke3201 That's just not true. The internet was extremely useful way before being worth even a million dollars and didn't need any hype to become a revolution. You're forcing a comparison that doesn't work.

If there's anything i've learned it's to never use an exchange with an X in the name.

@PunkZombie1300

Жыл бұрын

Only use echange... Noted.

I’m still waiting on the day that all of this actually hits the fan

“Well if it does fail, we all going down together boys “ lol *likes video

@naldo3008

3 жыл бұрын

Yeàaaaaaaaaa😤😤😤

@stablecoinsfraud9576

3 жыл бұрын

So true.

@MarkusWaas

3 жыл бұрын

If crypto fails due to Elon Musk, Tether or any other centralised entities, it didn’t deserve to succeed.

@est94

3 жыл бұрын

Pass the cigars

Hey Coffee, I just want to say that as a Bitcoin old-timer following the Tether story since its inception, I respect the quality of the research, production, and storytelling.

@GTJW22409

2 жыл бұрын

Well, tell us your thoughts?

@GTJW22409

2 жыл бұрын

All talk then? A disapointment

OKADA GUN!!!!! I squealed the first time I watched the video and saw you shooting the money in the air. So perfect!

Honestly I'm so happy channels like these exist. I'm one gullible motherfucker and would fall victim to crap like this so easily

@pootisengage6672

7 ай бұрын

Average ameritard AM i rite? 😅

This has to be the video of the year the shock value of this video is timeless

@yemzlol

3 жыл бұрын

@Michael Mark Shut the hell up bro

@ceologreen

3 жыл бұрын

Not really weve been known this. A simple solution is to use gemini

@gobtoshi5610

3 жыл бұрын

@@ceologreen why gemini?

@ceologreen

3 жыл бұрын

@@gobtoshi5610 do your own research. Essentially they have a federally insured bank as a custodian. I dont get paid enough to explain further

Why does the blacked out Reddit exposer sound exactly like James Jani 🧐

@legrandesleepy8298

2 жыл бұрын

Right?! I think it is him. I wouldn't be surprised if these two channels had a good relationship.

@nolle

2 жыл бұрын

@Regres wow it's almost like it was a joke

@HassanAzzi

2 жыл бұрын

Haha i'm 100% sure that's him

@JoaoPedro-xi9ce

2 жыл бұрын

Surely it is him haha

@animelytical8354

2 жыл бұрын

@Regres they are saying the actor sounds like him

We need an updated video.

Currently there's 83 million Tether. Sheesh theyre still printing.

Anytime a video is about crypto it immediately gets botted with crypto scammers and if that isn't the sign of a good investment, I don't know what is. lol.

@ericp1139

3 жыл бұрын

Real estate channels get botted with real estate scams. Stock channels get botted with stock scams. Influencer channels get botted with influencer scams.

@Wealthforthe99Percent

3 жыл бұрын

@@ericp1139 Yeah, but from having done other investment videos I can tell ya there is a noticeable difference with crypto.

@quixomega

3 жыл бұрын

If someone tells you crypto is an investment, run. Crypto is a gamble or maybe a hobby, don't put in more than you can afford to lose.

@thetaboyswag2307

3 жыл бұрын

@@quixomega you’re just uneducated, Bitcoin is literally the best performing asset

@b__w_4565

3 жыл бұрын

Crypto is still a good investment dude...it’s new as hell so obviously people are trying to play it

Graham Stephan sent me, keep up the great informative content!

@refundreplay

3 жыл бұрын

Graham "whats up clicks, its bait here" Stephan?

@dvdm4709

3 жыл бұрын

@@refundreplay nice

@zyrrhos

3 жыл бұрын

Graham's busy hands tire me out.

@heyryanisonx3141

Жыл бұрын

This aged like fine milk

21:00 what I really want to know is how is it if I want to send a $20 through a wire transfer it takes 3 days, and yet these shady individuals are able to send half a billion dollars to a shady bank in just a few hours???

Using imaginary money to buy other cryptos....what could go wrong.

Protect this man at all costs

@johnathanjoestar7129

2 жыл бұрын

He really shaking up the decentralised world lol

@ThevinduHewapathiranage

Жыл бұрын

Shut up

@stvjjgcj

Жыл бұрын

He’s a goat 🐐

@annikkirahko6714

Жыл бұрын

Yeah he’s gonna need it probably