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Actor rips crypto as 'largest Ponzi scheme in history' 

CNN
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Ben McKenzie, of "The OC" and "Gotham," has been one of the most prominent critics of celebrities endorsing the controversial and booming cryptocurrency industry. He says he has been warning against the dangers of celebrities endorsing cryptocurrency for some time. Hear why he says he became a skeptic and how he feels now.
#CNN #news

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8 сен 2024

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Комментарии : 3,5 тыс.   
@videomakville
@videomakville Год назад
As John Oliver once said. "Crypto is everything you don't understand about finance and everything you don't understand about technology rolled into one"
@jillionairess
@jillionairess Год назад
I repeat this every time someone tells me they're investing in crypto.
@ArturoGarzaID
@ArturoGarzaID Год назад
And guess what…it’s the future. Nothing can stop it.
@andrewthompson6453
@andrewthompson6453 Год назад
@@ArturoGarzaID hahaha it's not the future
@James_Knott
@James_Knott Год назад
Many years ago, I was a tech in the telecom industry, but spent some time working in the Toronto Stock Exchange. That was a real eye opener, about how some things in the market worked. That was as close as I got to working in the finance industry, but it taught me to be very careful.
@ksc743
@ksc743 Год назад
And presumably there will then be an even more spectacular "crash" than 1929.
@pengchen7384
@pengchen7384 Год назад
Excellent analysis. Stock do not give returns in a straight line. Don't look for multi baggers. Don't track prices constantly. Get more capital to invest. Acknowledge faults and rectify. Don't buy and forget. Buy and trade and as you trade you also monitor instead. Understand what you are buying. Hedge positions and avoid over exposure. Crypto investment still remain the best. I love volatility that’s where u make money. It's much better to put everything into crypto and continue trading with Mrs Florence Osborn trade signal. As I've made over $495k in some weeks of trading bitcoin through her guidance and trade signal with just $72k.
@fineman1
@fineman1 Год назад
Hello. I have been looking for such a profitable signal's and guides from a pro trader for some time now, how do i contact her?
@pengchen7384
@pengchen7384 Год назад
@Florenceosborn
@pengchen7384
@pengchen7384 Год назад
You can communicate with her on TELEGRAM.s with the username above ..
@fineman1
@fineman1 Год назад
@@pengchen7384 Thanks for sharing her telegram handle, i’ll surely reach out to her and start learning the right way, tired of loosing from price drops.
@michelealise74
@michelealise74 Год назад
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
@redlady8296
@redlady8296 Год назад
I’ve pretty much always felt like crypto was nothing but a scam from the jump. I won’t touch it personally but to each their own I guess
@VelcroKittie
@VelcroKittie Год назад
Yet banks encourage you to leave lumpsums in your checking or savings account. And do you know what they do with that money? They immediately loan it out to somebody else, charge them insane interest rates, make a killing off your money and pay you a paltry 0.01% in interest for your loyalty. There is no "product" in this chain of events. The banks are basically making money off your money. That, my dear, is the epitome of a Ponzi scheme. Banks are also deflationary. Your $100k will not be $100k in 10 years time because of the paltry 0.01% interest rate stacked up against increased cost of living. But they don't care because they are too busy making your money work for them instead of your money working for you. Look I get it. I realize for many that Cryptocurrency is the great unknown, and so it's inevitable that fear is on the table. People fear what they do not understand. It's normal. And I'm not expecting everybody to embrace it, but what I would like to see people do more often is actually take a closer look at what banks actually do. They are the real wolves in sheep's clothing.
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂🤡
@Bookhart2
@Bookhart2 Год назад
When I first heard about cryptocurrency I thought, “I don’t get it. Sounds like a scam.” That 20% that “invested” in the scam definitely have more money than brains and were hoping to have fortunes land in their lap without actually doing anything to earn it.
@davebarton6824
@davebarton6824 Год назад
Crypto was invented to facilitate FINANCIAL CRIMES. It was never good for anything else. It had VALUE only with other IDIOTS that held CRYPTO and other wise was GHOST MONEY with NO REAL VALUE. And I thought the BLOCK CHAIN was suppose to prevent the kind of CRIMES we are see with FTX. WTF happened?
@chrisgregory3063
@chrisgregory3063 Год назад
And some people did because they saw early that they needed to be at the tip of the pyramid. But Just because some people did make money from what is basically an unbacked fictional currency doesn’t mean that the endeavour was worthwhile or moral or even legal.
@James_Knott
@James_Knott Год назад
I thought the same thing.
@lamontcranston3177
@lamontcranston3177 Год назад
That's how Satan works.
@jaymass1178
@jaymass1178 Год назад
I've made a lot of money off of crypto over the last decade.
@CaptApple
@CaptApple Год назад
His comment about language and an actor's ability to spot another actor [liar] was spot on. Nice to see a celeb out of their lane [a little] but still making sense : ).
@jobnieloliva5358
@jobnieloliva5358 Год назад
Out of their lane? Are you employed in the finance industry? If not, then you are also out of your lane.
@derred723
@derred723 Год назад
he's got a degree in economics. I think he's in his lane.
@quantumrobin4627
@quantumrobin4627 Год назад
An actor with common sensibilities and an interest outside themselves, I like this guy
@sdrfz
@sdrfz Год назад
He says he lies for a living as an actor, and we're supposed to believe what he says about Crypto? He never even explained why it's a Ponzi scheme!
@wisdomprepper
@wisdomprepper Год назад
@@sdrfz Good lord, some people are impossible. You are one of them. lol
@ruthbaldwingrace
@ruthbaldwingrace Год назад
At the end of the day, it makes me so pleased to know that you are living your ideal and doing what you want. Regardless of whether you continue or not, I'll be rooting for you *GlobalTraceAssets* due to all the good you've done for me and so many others. Thank you,
@bigeddiethe5th
@bigeddiethe5th Год назад
Buffett said it best. Crypto is not backed by anything.
@unom8
@unom8 Год назад
@govern me harder gruberment (Andy peltola) same reason he invests in coca cola
@James_Knott
@James_Knott Год назад
@govern me harder gruberment (Andy peltola) Some people also "invest" at the casino. It's just a bit of fun where you might make money. You might also lose. However, if you're not worried about it, have fun. If I'm not mistaken, he can afford to lose on it.
@plobthewhale
@plobthewhale Год назад
What is the USD backed by?
@ksc743
@ksc743 Год назад
I just googled Warren Buffett and he does not invest in crypto. In fact, he's quoted as saying if all the crypto in the world was offered to him, he wouldnt buy it for $25. Bill Gates doesn't invest in it either.
@mikeb5664
@mikeb5664 Год назад
@govern me harder gruberment (Andy peltola) No he doesn't.
@danielschaeffer1294
@danielschaeffer1294 Год назад
If it sounds to good to be true it probably is. I’m reminded of Kant’s famous statement - “An imaginary dollar and a real dollar are both worth a dollar, but there’s a difference. One is imaginary.”
@nosuchthing8
@nosuchthing8 Год назад
Crypto dollars exist in one's and zeros on a computer device
@yllbardh
@yllbardh Год назад
I seriously doubt that Immanuel Kant was talking about *dollar*
@danielschaeffer1294
@danielschaeffer1294 Год назад
@@yllbardh The German word is “Thaler.” And he was using it as an argument against the ontological argument for t(e existence of God.
@agorpb5871
@agorpb5871 Год назад
But if you think about it, they are both imaginary just people choose to believe in one. To me the only "real" dollar is gold and even that take people to believe.
@dmi6101
@dmi6101 Год назад
@@agorpb5871 It's not that 'both are imaginary', because that's simply not true in society. An American dollar is currency that's backed up by the US government and the law. Any debt I owe, I can pay with that money and the person receiving the money is obligated to accept the money as payment. That's not true of crypto, of any kind. Now, granted, if I crash landed on a deserted island with 50 million, it would be as worthless to me as crypto, but in society itself, it's not imaginary.
@Taylorbornready
@Taylorbornready Год назад
I cannot conceive how difficult it would be to determine to participate in a money-back scheme as a victim. Nonetheless, it is essential to recall the past and the aid that was born from such agony and suffering. Respect for these *GlobalTraceAssets* that conduct these functions on the internet.
@ianreed9571
@ianreed9571 Год назад
"Behind every great fortune lies a great crime." Honore de Balzac
@lamontcranston3177
@lamontcranston3177 Год назад
Gotta love Honore! Nailed it.
@janetownley
@janetownley Год назад
Usually a lot more than one crime
@janetownley
@janetownley Год назад
@@stacer1962 No, a “con man” is a specific sub-group of criminal. Millions of others amass fortunes
@janetownley
@janetownley Год назад
@@lamontcranston3177 Yeah man! We all be on a first name basis with this dude Honore, every 13 year old in a third world country here
@followerofjesuschrist.
@followerofjesuschrist. Год назад
"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17 "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39 "And when thou prayest, thou shalt not be as the hypocrites are: for they love to pray standing in the synagogues and in the corners of the streets, that they may be seen of men. Verily I say unto you, They have their reward. But thou, when thou prayest, enter into thy closet, and when thou hast shut thy door, pray to thy Father which is in secret; and thy Father which seeth in secret shall reward thee openly." Matthew 6:5-6.
@scottmullins87
@scottmullins87 Год назад
He's a hero in real life . Straight to the point, with facts and research . Took less than 5 minutes to explain rhe scam . Thank you
@studyhistory2ctruth
@studyhistory2ctruth Год назад
There is no way you are a real person. 10010101010100011101?
@quantumrobin4627
@quantumrobin4627 Год назад
As out of work actors go, this guy is gold, all those past their “15min”Pureflix actors could learn a thing or 2 about helping society in demonstrable ways, I’m talking to you Jim “Q-turd” Caveizel
@quantumrobin4627
@quantumrobin4627 Год назад
@@studyhistory2ctruth I’m not real either, f’n clown
@dutchvanderlinde2002
@dutchvanderlinde2002 Год назад
@@quantumrobin4627 I think at least in Ben's case he's too clean like he's played a cop multiple times. He was Batman once with Walter White as his Gordon.
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂🤡
@ericbrown1801
@ericbrown1801 Год назад
Even with the current dip in cryptocurrency, I’m still glad I can smile 😊 back at my portfolio of $105,850 built from my weekly trade, I’m having my fourth withdrawal in 10 business days.
@machinegunkellyy4396
@machinegunkellyy4396 Год назад
I heard a lot about Mrs Pamela Williams and how good she is, please how safe are the profits?
@vansurvw8282
@vansurvw8282 Год назад
I have also been trading with her, the profits are secured and over 100% return on investment directly sent to your wallet or bank.
@pauldavidson5225
@pauldavidson5225 Год назад
After watching so many RU-vid videos tutorial videos about trading I was still making losses until Mrs Pamela Williams started managing my investments now I make $10,567 weekly. God bless Mrs Pamela She’s been a blessing to my life and family
@lugardkaen8060
@lugardkaen8060 Год назад
Oh please guys, is there any way I can speak to Mrs Pamela Williams, this sounds so helpful and I would love to join the train 🙏
@pauldavidson5225
@pauldavidson5225 Год назад
You can reach out to her via telegram
@shadyshinichi2JZ
@shadyshinichi2JZ Год назад
Ah Crpyto. "This get rich quick scheme will be different. Trust me." 🤣🤣🤣
@jaycol21
@jaycol21 Год назад
If you know it’s a hustle, you can make a pile of cash. I made 10s of thousands this year and last in crypto. You’re basically just betting on the madness of crowds. You’re just looking for the crowd with the momentum. It’s definitely risky. But, it’s less risky than options trading.
@whyputaname
@whyputaname Год назад
Ah, it's always different when they come up with a Scam..
@jaymass1178
@jaymass1178 Год назад
@@jaycol21 Exactly. I to have made a lot off of crypto. It's not going anywhere and I'll continue to trade.
@jaymass1178
@jaymass1178 Год назад
@@cryptoholica72 Exactly right! So many people on here do not understand what they are talking about. It takes a disciplined investor to make money on crypto. But it is there. Most have no idea. They'll all be crying again in a couple years.
@User71956
@User71956 Год назад
Every lazy person’s goal. The only get rich quick route that has always worked is drug dealing…but that comes with a few occupational hazards. Other than that, there is no get rich quick method; there’s just dumb luck.
@jlbueno0611
@jlbueno0611 Год назад
He warned everyone months before it happened... nobody wanted to listen, this guy is wicked smart , and a badass actor , plus has an amazing family. Clearly a high quality person . We need more people like him in this world.
@GotoHere
@GotoHere Год назад
I was warning friends about this the first day of bitcoin. I guess I’m the smartest person on the planet.
@sunnydisinfectant
@sunnydisinfectant Год назад
@@GotoHere nice try, I started warning people before bitcoin, first day of blockchain 😒
@thhanh1003
@thhanh1003 Год назад
The US is the most economically liberal country maybe on the planet, good luck on banning even one crypto currency permanently. I hope the government will though.
@xvi1128
@xvi1128 Год назад
@@sunnydisinfectant Well, I also did. I guess everyone with half a brain who knew what a Ponzi scheme is saw it coming.
@kingclancy1270
@kingclancy1270 Год назад
Wow this is WICKED HARDCORE
@MarcKertesz
@MarcKertesz Год назад
As the economic crisis keep raising, one need to have different streams of income a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure portfolio investment future, Thanks so much Mrs. Gianna Jayden for improving my portfolio.
@adamsmith2188
@adamsmith2188 Год назад
Wow , amazing to see others who trade with Mrs Gianna Jayden, I’m currently on my 5th trade with her and my portfolio has grown tremendously and all thanks to her.
@marywatson8799
@marywatson8799 Год назад
This is not the first time I am hearing of Mrs Gianna Jayden and her exploits in the trading world but I have no idea how to reach her.
@maryholmes3628
@maryholmes3628 Год назад
I opened a trade at 10k with Gianna Jayden and took profits 2 times, scaled it up and make more gain. hoping for another successful month
@MarcKertesz
@MarcKertesz Год назад
Investwithjayden 💯
@MarcKertesz
@MarcKertesz Год назад
You can communicate with her on telegram with the username
@immortalasirpa6006
@immortalasirpa6006 Год назад
*Language is an incredibly important tool that we discount at our peril.* Amen. Finally, a man who sees that all words matter.
@ksc743
@ksc743 Год назад
Isn't it just. Whoever said "sticks and stones may break my bones, but words will never hurt me" - was a complete and utter idiot.
@yezmirsheppard-halika6892
@yezmirsheppard-halika6892 Год назад
This was the part that interested me the most.
@daveconleyportfolio5192
@daveconleyportfolio5192 Год назад
When the value of money can be changed as easily and arbitrarily as the meaning of words, we become slaves to whoever is making the rules.
@K.C.C.L
@K.C.C.L Год назад
How do we know hes not lying to bring the price down?people do that as well. And why didnt CNN have him on before everybody was bag holding😅
@James_Knott
@James_Knott Год назад
Crypto reminds me of how derivatives were pushed back in the 80s. People were buying something that was just numbers, far removed from the original investment or value. Derivatives, such as commodity futures have value, but value that can disappear, unlike the commodity it's based on. The further you get from that, the flimsier the "investment" becomes. As far as I can tell, there isn't even an original investment in crypto. It's all just numbers.
@chrisharris1522
@chrisharris1522 Год назад
it reminds me of the pyramid schemes of the 80s, it needs new money coming in to keep it going as soon as the new money stops it collapses. Everyone thought those were amazing get rich quick schemes too at the time.
@themaskedman221
@themaskedman221 Год назад
Like most populists you clearly haven't a clue as to how derivatives function. And derivatives date back to the 19th Century not the 1980s. Derivatives are simply insurance policies on financial assets or commodities. And like most markets for financial products futures and other derivatives need liquidity to function, hence the need for speculators. Futures markets in particular literally determine the prices of commodities and values of currencies, without which prices would be much higher and more unstable. It's easy to mouth off about "financial scams" on the rare occasion when there's a market failure. But most people who do so haven't the faintest idea as to what they are talking about.
@RamonaRayTodosSantosBCS
@RamonaRayTodosSantosBCS Год назад
Monopoly money!! Lol
@InfiltrateIndustries
@InfiltrateIndustries Год назад
Then again - the financial system is just that, pure numbers
@James_Knott
@James_Knott Год назад
@@themaskedman221 I never said derivatives date from the 80s, only they were really being pushed then. I first became aware of derivatives when I started working in the Toronto Stock Exchange in 1973. Back then, they were things like warrants or rights, which allowed a shareholder preferred prices on some future stock issue. Those rights could be sold separate from from the original stock and were therefore derivative. Depending on what the stock did, those either paid off, if the stock price was higher or became worthless, if the stock price at the time was less than the preferred price. However, derivatives really went crazy in the 80s and this led to some real problems. IIRC, there was an economic slowdown in the late 80s as a result.
@dbrody100
@dbrody100 Год назад
He’s an actor. Need we say more?
@alabastersmidge4692
@alabastersmidge4692 Год назад
Honesty’s an actor’s worst mistake.
@johnassal5838
@johnassal5838 Год назад
Im embarrassed to say I had absolutely no idea how smart this guy is irl. Bravo.
@shkottrendezvous6644
@shkottrendezvous6644 Год назад
He’s smart but he is not smart enough to differentiate between Bitcoin and all the shitcoins. Sure blockchain is a ledger - yes. But to say it has no value is just wrong. The guy is clearly not an accountant nor a banker.
@LarsRyeJeppesen
@LarsRyeJeppesen Год назад
@@shkottrendezvous6644 Ok Comrade
@daweller
@daweller Год назад
@@shkottrendezvous6644 You are correct but your word will be lost here.
@bumblebootwiddletoes5185
@bumblebootwiddletoes5185 Год назад
Um... But he's wrong. Crypto isn't a scam, but people exploit it to run scams. There's a huge difference. Anyone who doesn't understand crypto should really try to instead of just brushing it off. If crypto is used wisely it could revolutionize taxes and the economy. People like this guy - and you (if you refuse to learn about it) - are just standing in the way of progress.
@danwelterweight4137
@danwelterweight4137 Год назад
@@bumblebootwiddletoes5185 yes sure buddy. Tell that to the people who have lost 75% of their money in the last few months.
@DewayneOh6
@DewayneOh6 Год назад
I personally felt the brunt of the Dotcom bust, so when crypto came around, it gave me the same feeling as the internet startup craze. Back in the late 90s, and early 2000s internet startups were popping up left and right promising the world. Even CNN's parent company was bought by one and it was a complete disaster. In that lies the danger. A lot of these startups are just charismatic bluff and bluster that can attract so much money they can buy legitimate enterprises.
@matthewnorton5870
@matthewnorton5870 Год назад
I’m glad the internet is gone
@drpaine7428
@drpaine7428 Год назад
@@matthewnorton5870 LOL someone gets it
@hervegeorges
@hervegeorges Год назад
Actually, crypto is a great idea. It was supposed to remove the negative things of the value of money. No central banks, no quantitative easing, the cantillo effect and all of that. But when you have blood and fresh meat, soon you have sharks. At the end, it became like a casino where anyone can create his own chips to pay robert and use your fakecoin as collateral. But the reality is that the financial market is bankrupt and morally bankrupt as well. the World is crushed with debts. Also speculations, pump and dump scheme ruin the economy. Often speculations are made with software. There is a lot of regulation needed because with the cantillon effect, you won't have any middle class left.
@NosEL34
@NosEL34 Год назад
The Dotcom days were good 😃
@BobPagani
@BobPagani Год назад
@@NosEL34 Not for the many, many people who were wiped out by it.
@drekafine8831
@drekafine8831 Год назад
When he said, "I don't know. Because I don't know that anybody fully understands, what the hell crypto even is", I felt those words deep in my spirit.😩🤦🏽‍♀️🤣🤣
@nilfux
@nilfux Год назад
Yup, but I do. I've had Bitcoin since 2011. I fully understand it. Most crypto shitcoins or tokens are scams. Bitcoin is not a scam. Fiat currency is the worst scam going right now.
@GizmoMaltese
@GizmoMaltese Год назад
Do you know what money is? A dollar bill has no real value either. The Fed can just print as many dollar bills as they want.
@cezearr34
@cezearr34 Год назад
Do some research
@nineixb616
@nineixb616 Год назад
There are plenty of places to research Crypto, I learned everything I know about Crypto online, and have a pretty good understanding of what it is. To say NOBODY understands what crypto is, is very ignorant. I’ve had Bitcoin since 2014, and Dogecoin since 2019, made thousands when I sold most of it.
@rodrigofuentes296
@rodrigofuentes296 Год назад
@@nineixb616 Ponzi scheme means the ones who get on it early make lots of money and the ppl left holding the bag are the ones who get fucked. The fact they started pushing advertisements with celebrities was the biggest red flag. At that point they’re going after the ppl who know nothing about have it only a little to invest and feel they can trust the celeb who they know and believe are reliable ppl.
@ThallVic
@ThallVic Год назад
I love how only _now_ people are realizing this. As if it wasn't blatantly obvious from the very start.
@magneto9555
@magneto9555 Год назад
I tried to tell my friends that crypto currency’s are not tangible things.
@leedwyer161
@leedwyer161 Год назад
@@magneto9555 its tied to fiat currency
@MelaninMagdalene
@MelaninMagdalene Год назад
Exactly 😂
@adamcraig1468
@adamcraig1468 Год назад
@@magneto9555 the dollar isnt tangible either.
@mr.anderson6040
@mr.anderson6040 Год назад
@@adamcraig1468 yes you're right but still better than crypto it's for suckers trying to get rich quick and yes it's a Ponzi scheme one sucker trying to get another sucker to invest so he can make money have fun with that
@Whatisthisstupidfinghandle
@Whatisthisstupidfinghandle Год назад
Wow. An actual informed guest and an anchor that didn’t constantly interrupt or ask stupid or (mis)leading questions
@nilfux
@nilfux Год назад
He was NOT well informed. He conflated all the shitcoins and scam tokens with Bitcoin, which is the solution to the real problem, centralized Fiat currency backed by NOTHING.
@roughhabit6496
@roughhabit6496 Год назад
What say CNN about their incessant promotion of crypto?
@TiggerBrownie
@TiggerBrownie Год назад
There were no questions because it was all hogwash. All I ever say is "mark my words." Remember this day my friends.
@nilfux
@nilfux Год назад
@@TiggerBrownie 💯 Winter 2024 it'll be spiking again, right on schedule just like the last 3 cycles.
@CrymInAction
@CrymInAction Год назад
I'm SO glad this is finally coming full circle. I've had a few friends invest in crypto, (loosing money at every turn) and it feels strangely good to be proven right after being skeptical about it all along.
@choward5351
@choward5351 Год назад
Your not proven right though it's called a bear market. Do some research buddy.
@andybarrett6472
@andybarrett6472 Год назад
Its not gambling. Buying dogecoin and whining that you lost money would be different than doing research and holding the right projects. Everything that guy just said was false. Hes not ignorant he is spreading a false narrative to keep the public skeptical.
@drpaine7428
@drpaine7428 Год назад
Anyone that thinks crypto is over should google bitcoin rainbow chart and try to understand the bear and bull cycles. We are never more than 4 yrs from another all time high..
@nilfux
@nilfux Год назад
@@drpaine7428 Yup. The Next havling is Around April 2024. They will all be quiet after that. The charts all show the exact same patterns. You are correct sir. They said all the same crash back in 2019, it's just bigger now. And when it all crashes again in 2026 they do it again. Human's gullibility and ignorance is as predictable as the Elliott Wave.
@drpaine7428
@drpaine7428 Год назад
@@nilfux glad there are some sensible people responding. Have you ever seen the bitcoin obituary and how many times bitcoin has died? Its hilarious. The funny thing is these trolls will just move the goal posts when the bull cycle returns.. "well I bet it wont happen again". LOL I hope it goes lower so we can accumulate more. !
@lamiagumbo
@lamiagumbo Год назад
Im glad someone is doing this. Too many look at Crypto currency as an investment but the reality is it is, at best, gambling.
@putinscat1208
@putinscat1208 Год назад
There are people who made money on this, if they got out at the proper moment. There are junk stocks that also made people money until they went under. With stocks, you usually can get half your money back in most cases.
@mokumboi19
@mokumboi19 Год назад
Umm unlike the stock market?
@eldenringer6466
@eldenringer6466 Год назад
My cousin became a millionaire over night due to cryptocurrency and he bough an island! Annnnd then he lost it all overnight. Real crazy.
@jamessanders145
@jamessanders145 Год назад
@@putinscat1208 yeah like a Ponzi scheme
@Bolden47
@Bolden47 Год назад
So what do you think about the stock market?
@patrickquinlan3056
@patrickquinlan3056 Год назад
He just confirmed every suspicion I have had about crypto. Even the word "Crypto" sounds like an evil super villain.
@resolversoftware5088
@resolversoftware5088 Год назад
🤣🤣🤣 It comes from the word "encrypted"....
@gerrybailey447
@gerrybailey447 Год назад
Kryptomanic should be the term given to a person who steals from you digitally. 😆
@TheGalantir
@TheGalantir Год назад
Yet you depend on crypto every single day, how ironic.
@nigelsenchez
@nigelsenchez Год назад
Cryptography my friend.
@Denidrakes69
@Denidrakes69 Год назад
@@TheGalantir in what way?
@todopoderoso5490
@todopoderoso5490 10 месяцев назад
I think it's a scam to put a person that knows nothing whatsoever to interview another person about a specific topic
@astolforiderofblack8704
@astolforiderofblack8704 Год назад
“It's not that I love fighting. But I’m not afraid to, either. And if we don’t fight for this city, who will?" - James Gordon
@lionelgrisbane-ud87
@lionelgrisbane-ud87 Год назад
Cringe
@nkumbusimwawa9837
@nkumbusimwawa9837 Год назад
Even in real life his still defending Gotham City from super villains
@DominicNweze
@DominicNweze Год назад
@@nkumbusimwawa9837 the GCPD is on the case.
@001sander2
@001sander2 Год назад
I usually hate interviews because they're so rushed but this one didn't 👍🏽👍🏽
@FriendxA
@FriendxA Год назад
didnt what?
@001sander2
@001sander2 Год назад
@@FriendxA get rushed
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂😂🤡
@marklevy8443
@marklevy8443 Год назад
Finally an actor that has balls and he’s not even acting!!!
@loficathedral4584
@loficathedral4584 Год назад
Yes so courageous to shill his book.
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂🤡
@CarlWithACamera
@CarlWithACamera Год назад
Intelligent and informed guy.
@TECHN0
@TECHN0 Год назад
Crypto is the most sophisticated Ponzi scheme ever created
@sim.ulation.l279
@sim.ulation.l279 Год назад
Crypto is literally a digital Ponzi scheme. Anyone can see that.
@jaaksavat7916
@jaaksavat7916 Год назад
@G sophisticated, not knowing they're just pixels?
@megalorain
@megalorain Год назад
@@jaaksavat7916 sophisticated bits 😂 jokes on them
@SMS2884
@SMS2884 Год назад
It's not actually. It's simple. And it's not a Ponzi scheme. By that logic so is the stock market 🤣
@wadestanton
@wadestanton Год назад
Go learn history
@triquepersonalwork6369
@triquepersonalwork6369 Год назад
Most people that talk about a Ponzi scheme don’t actually know what a Ponzi scheme is. A Ponzi scheme is a banker or bank company that lies to investors about principle and earnings when in fact the actual money that exists is being squandered by that company or person, and on paper the said money does not actually exist or exists in part. So, we can say that Ftx was operating a sort of Ponzi scheme, but cryptocurrency as a whole does not fit that definition.
@soulfullmusic100
@soulfullmusic100 Год назад
A fool and his money are easily parted.
@Eddie-rh7vp
@Eddie-rh7vp Год назад
I'm coming back to this video in 2025 to have a good laugh
@TiggerBrownie
@TiggerBrownie Год назад
Absolutely! I wish I could close my eyes and wake up to 2025 and bitcoin being maybe 250 to 300K. But I will be patient. All I can say is don't miss the boat. Amazon was once .25 cents and thought to never go anywhere. See you in 2025!
@ikaros21
@ikaros21 Год назад
I'm glad you know about the Bitcoin halving after reading so many ignorant bs in here lol
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂😂😂🌟🌟🌟🌟🌟⚡️⚡️⚡️⚡️⚡️🧡🧡🧡🧡
@contemplating1015
@contemplating1015 6 месяцев назад
You didn't have to wait until 2025....
@Eddie-rh7vp
@Eddie-rh7vp 6 месяцев назад
@@contemplating1015 bahahaha yes, but still coming back in 2025 to laugh more!
@curtconroy8789
@curtconroy8789 Год назад
I had no idea Ben was THIS Guy! I’m very impressed and grateful to him, for being a scholar and an ethical activist. Way to go Ben!
@Giftedtib
@Giftedtib Год назад
Ikr
@adamcraig1468
@adamcraig1468 Год назад
A scholar? LOL
@roughhabit6496
@roughhabit6496 Год назад
He loves telling people what’s good for them. If he used force to tell them what was good for them then he would be a bureaucrat
@microfarming8583
@microfarming8583 Год назад
This guy is wrong about the largest ponzi scheme in history. That prize goes to European State Pensions
@radaniel8923
@radaniel8923 Год назад
He just mad because he left money in FTX 😂
@vcb1023
@vcb1023 Год назад
A crypto co-founder died with the passwords and people lost their money. A crypto company collapses and people lost their money. Three out of four Bitcoin investors have lost their money. I see a pattern.🤔 I always felt crypto was a scam.😑
@LeechyKun
@LeechyKun Год назад
You know it's a scam when you see so many bots in the comment section talking about it and 'specific' people they mention.
@Bertiesghost
@Bertiesghost Год назад
Ben is a class act.
@suzygirl1843
@suzygirl1843 Год назад
Funny how he played a scoundrel on the OC. And then a detective on Gotham
@Bertiesghost
@Bertiesghost Год назад
@@suzygirl1843 SouthLAnd was a great cop show. Highly recommend.
@aw5832
@aw5832 Год назад
He means well but he's way off base. Celebrities always want to help, most highly recommend abortion too.
@legacy7450
@legacy7450 Год назад
He is a complete moron
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂😂😂🤡
@elizabethmcenearney7860
@elizabethmcenearney7860 Год назад
Thanks for speaking out. What you are saying, can’t be said enough!
@radaniel8923
@radaniel8923 Год назад
He lost money on FTX 😂 sad Next time Benny do your own research self custody your tokens moron 😅
@todopoderoso5490
@todopoderoso5490 10 месяцев назад
I made 7000% trading crypto in 2022 and all these people talking bad about Bitcoin are actually shorting the price which they can then get in on a much lower price
@chrisspellman8545
@chrisspellman8545 Год назад
I agree with the guy who said most people don't even know what crypto even is! And I don't wanna know either, I'll leave it to the cool trendy people who want to be a part of the latest fad🙄😴
@big1dog23
@big1dog23 Год назад
John Tester, Dem Senator from Montana. He's a great guy, a farmer, and the kind of politician we need more of.
@em0_tion
@em0_tion Год назад
You don't have to be cool or follow trends to be curious. And it's completely fine that you don't wanna give a fvck. But lawmakers dealing with these situations, the people that are supposed to protect regular folks, not even knowing what it is in general? That is some bleak laziness right there.
@lt3074
@lt3074 Год назад
I'm one of those people, I don't understand it.
@ksc743
@ksc743 Год назад
@@em0_tion I don't think the people investing in it even understand it, unless of course, they are the top of the scheme, selling the "stuff".
@whyputaname
@whyputaname Год назад
@@ksc743 ... Good Point 👍
@donnewton7858
@donnewton7858 Год назад
"So, I have a degree in economics..." I almost died laughing. She didn't know that? Talk about needing to prep for your interview...
@int_pro
@int_pro Год назад
WHYYY are we hearing from an actor on this complex financial and technological topic?
@Jamaicafunk
@Jamaicafunk Год назад
Loved him in Gotham.
@patrickquinlan3056
@patrickquinlan3056 Год назад
I was wondering where I had seen him before. Thank you.
@Leadfoot_P71
@Leadfoot_P71 Год назад
Even better in Southland
@user-rk3bf6ke5d
@user-rk3bf6ke5d Год назад
@@Leadfoot_P71 3Q
@Leadfoot_P71
@Leadfoot_P71 Год назад
@@user-rk3bf6ke5d 3Q? No 4Q!
@suomynona4607
@suomynona4607 Год назад
I traded my crypto for NFTs, then my NFTs for magic beans. People are saying the golden goose eggs are the future.
@Roogs
@Roogs Год назад
I know for a fact he has been sounding the alarm for some time. I was surprised an "actor" would be so vocal about any type of investment until I started looking into his work. Hopefully he did save some people from making the mistake of putting money into this scam.
@rw7717
@rw7717 Год назад
He’s actually wrong about the technology. The ledger is based on transparency. If only your banks and government were transparent with your money.
@VelcroKittie
@VelcroKittie Год назад
I'm telling you now Roogs, people are going to be cursing people like Ben McKenzie when the Crypto market follows the very same bear to bull cycle that conventional stocks take. Of course there are scams in the Crypto Space. Sometimes it feels like the Wild West to be honest, but if people are careful in what they invest in as well as when they invest, there is a lot of money to be made. I'm not referring to shitcoins here. I am referring to coins and tokens that have real world utility and serve a real world purpose. Those who are doing their research now and are picking up bargains in the bear market may stand to make outlandish profits if they have done their due diligence, scouted out the right high utility projects and have spread their risk like every good investor ought to.
@novasite7795
@novasite7795 Год назад
What a great person Ben McKenzie is! He uses his down time from acting to help people against scams.
@coreyham3753
@coreyham3753 Год назад
He was right to the point and did a great interview.
@sniffles8655
@sniffles8655 Год назад
Detective Gordon is on the case!
@bumblebootwiddletoes5185
@bumblebootwiddletoes5185 Год назад
Um... This guy had no idea what he's talking about. I strongly support helping people not to get scammed, but actual legitimate crypto isn't a scam. People who run actual crypto scams are the problem.
@columbiaforte876
@columbiaforte876 Год назад
Well, he does admit to lying for a living…
@evancrosley2857
@evancrosley2857 Год назад
@@bumblebootwiddletoes5185 Crypto is selling something that you know has no value. How is it any different from trading worthless securities in 2008? The coins are worthless, massively overvalued, and only make money when more investors buy it.
@jessstimpert6781
@jessstimpert6781 Год назад
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world. Both NFT, real estate, stocks and crypto is positively changing people's lives. I stopped panicking about the market the very moment i started trading with Mrs. Paula David last year, her confidence and skills is on a maximum level..
@henrysimon7213
@henrysimon7213 Год назад
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
@mellisabakker8524
@mellisabakker8524 Год назад
Mrs Paula changed my life because of her high profits i got from investing with her.
@michaelparas1499
@michaelparas1499 Год назад
You invest with Paula too? Wow that woman has been a blessing to me and my family.
@marklingard7705
@marklingard7705 Год назад
Do you mind hooking me up with her, i'm new at this
@daviesgriffiths5215
@daviesgriffiths5215 Год назад
I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much
@brisvegas859
@brisvegas859 Год назад
This aged well....
@Bear_Arms
@Bear_Arms Год назад
Ben has a BA in economics. Anyone with even a basic understanding of economics should know that crypto can never replace the $.
@alphanerd7221
@alphanerd7221 Год назад
@govern me harder gruberment (Andy peltola) What you are telling people is that you are mentally deficient.
@Bear_Arms
@Bear_Arms Год назад
@govern me harder gruberment (Andy peltola) an "asset" that has a finite supply will always be volatile, and a currency can't be volatile. To have a stable currency, it's supply needs to be adjusted to match demand. This is exactly what the FED does. The FED adjusts the supply of $ to meet demand, and this keeps the value of the $ relatively stable over time. There are other issues with crypto, like the fact that it has no intrinsic value, but one of the more obvious reasons it can never be a currency is that its fixed supply will never allow its value to be stable enough for it to be used as a currency.
@MegaBestoffer
@MegaBestoffer Год назад
XRP?
@ocampbell1954
@ocampbell1954 Год назад
@govern me harder gruberment (Andy peltola) No it won't. The major governments would never allow for their money to become destabilized especially the United States.
@sdrfz
@sdrfz Год назад
I took some classes in economics, so that makes me an expert. 😄
@TiboFPS
@TiboFPS Год назад
Let’s go Gordon! Go fight Crypto
@sim.ulation.l279
@sim.ulation.l279 Год назад
Gordon Ramsay hates crypto
@resolversoftware5088
@resolversoftware5088 Год назад
Where he will find it? It is concept based on decentralized network of nodes that can verify transactions... :)
@sim.ulation.l279
@sim.ulation.l279 Год назад
@@neildeep gordon ramsay
@betesaudades
@betesaudades Год назад
I’m impressed how well articulated and knowledgeable he is - about Crypto
@GEECHIEGirl
@GEECHIEGirl Год назад
Why???
@TiggerBrownie
@TiggerBrownie Год назад
But he never explained crypto so how is it that he is knowledgeable. He is simply like many who don't learn about "crypto" but only take their knowledgebase and simply spew the same stories. If anyone does some research they will see how laughable the interview is. Just can't go into all of it here. Listen to Michael Saylor and at least learn what "crypto" is. And I say in quotes, coz it's really about Bitcoin. Let Michael Saylor inform so that each person can make their own choice. Truly anyone who knows how bitcoin works will see what a fraud the interview was, to be honest. I am sure he meant well, but so did all the people in our past who at the time thought it was a good or a bad idea. Hmmm Internet good or bad? Cars instead of horses? I know how trite, but people...just listen to one interview from a technical view to someone who knows what they are talking about. This guy didn't say anything that anyone in this thread could not have said with no knowledge of crypto. Yeah, that is exactly what he did. He gave his whole interview without any information on what "crypto" does or how it works. It was just a smear campaign with a political spin. C'mon people, I mean really? I wish I had invested in Amazon in 2000 when it was 2 dollars a share. Now the chance to get bitcoin at even 17K. GIFT of 2023.
@42Laj
@42Laj Год назад
@@TiggerBrownie - Listen to what Warren Buffet had to say about crypto. Everything he said and predicted is true.
@logicaldebateUSA
@logicaldebateUSA Год назад
BC will be over 60k by 2025 just cause some crypto is a scam will not change that. Some stocks are scams but people still make money with stocks.
@marcuskuhnert6191
@marcuskuhnert6191 Год назад
The entire stock market is a scam
@davemitchell6281
@davemitchell6281 Год назад
notice the wealthy always have the inside info. then the middle class get in late and they get out early.
@jaaksavat7916
@jaaksavat7916 Год назад
Stock market is based on companies doing various things, mining, manufacturing, real estate, transportation etc and one can inform, research companies but they're not pixels, like crypto currency is, pixels, nothing but pixels.
@yvonneplant9434
@yvonneplant9434 Год назад
Not exactly. It's not a casino either.
@jaaksavat7916
@jaaksavat7916 Год назад
@govern me harder gruberment (Andy peltola) pixels are pixels, they're not a resource, not a product, not a service, nor an asset but pixels, pixels backed up or backed upon an illusion of many, a pyramid scam and that's a fact
@graphicsRat
@graphicsRat Год назад
One thing that always bothered me about crypto currencies is that money ought to be scarce, yet it seems anyone who wanted to create a crypto currency could. That and almost no one used it to make payments.
@hyperfinance6962
@hyperfinance6962 Год назад
The funny thing is crypto is more scarce then fiat currencies. They print money to oblivion, why you think inflation is at a all time high. What a dumb ignorant comment.
@ajking913
@ajking913 Год назад
Bitcoin is scarce. There is only (and will only ever be) 21 million of them mined. So far, about 19.4 million are mined. You can buy lots of things in lots of places with Bitcoin. There are even bank cards that convert your Bitcoin to cash at the register, when you buy something, for those who are still clinging to fiat.
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂😂🤡
@ebogar42
@ebogar42 Год назад
I agree. I call it a Pyramid Scheme. There are a couple guys at the top that put in all the money and then pull out whenever they want and sink it all.
@Pooshmaster47
@Pooshmaster47 Год назад
He shouldn't be referred to as simply "actor" in the title, it doesn't ascribe the credibility that he likely deserves as a result of his education and subsequent work.
@bumpinggums412
@bumpinggums412 Год назад
He is so right about that cryptocurrency. No regulations no FDIC insurance backing up any deposits. I am one of those who have no clue about crypto but it does sound so fishy.
@wisdomandlove1661
@wisdomandlove1661 Год назад
crypto can be used as an alternative to move resources around and the banking cartels dont like competition.
@photon6100
@photon6100 Год назад
Oh,yeah,so trust the banks,right? Including all the ones bailed out by taxes while the bad actors in finance got richer.
@BobPagani
@BobPagani Год назад
@@wisdomandlove1661 And that's why scammers like Sam do what they do??
@contemplating1015
@contemplating1015 6 месяцев назад
😂😂😂😂😂😂🤡
@YayoLife
@YayoLife Год назад
I didn't invest in bitcoin when it was just $16 because what my friend described to me was no better than a pyramid scheme. In good conscience, I missed a chance to become wealthy. But, maybe $16.00 might come back and I decide once again not to be involved.
@tarfly2662
@tarfly2662 Год назад
wow shocker
@terenceheesch8351
@terenceheesch8351 Год назад
i don't know why it took this long for people to realize it was all a scheme...all i heard from a friend was "well, it's not actually money and you can buy things with it" and i knew it was a ploy for idiots...and that was almost 4 years ago...
@scottmiller8617
@scottmiller8617 Год назад
Any "product" they try to sell with fake RU-vid comments, is not something I'd want to invest in.
@Denidrakes69
@Denidrakes69 Год назад
Not even Marshmello and the Amazon thingy? 😉
@scottmiller8617
@scottmiller8617 Год назад
@@Denidrakes69 I actually haven't seen that ad, or zoned out and skipped it.
@Denidrakes69
@Denidrakes69 Год назад
@@scottmiller8617 they've gone crazy on anything FTX since SBF was arrested.
@chadsargent3430
@chadsargent3430 Год назад
Ben is so wrong. No one asked him if ledgers like XRP are more effecient than the SWIFT system. Do your research peeps.
@75echo
@75echo Год назад
FINALLY, someone saying what i have always known. Crypto, NFTS , this n that coin ...all a scam!!
@almac9203
@almac9203 Год назад
The celebrities that took millions to promote this scam should be ashamed. Kevin O Leary was paid $15m to promote this stuff and give it credibility. Athletes like Steph Curry and Tom.Brady made their followers believe this was legitimate whilst they were getting paid. These people hurt their fans.
@ZynthWaves
@ZynthWaves Год назад
Crypto isnt a scam. NFTs are. but crypto currency certainly isnt
@devildoll9929
@devildoll9929 Год назад
I'm more interested in the many actors who made commercials promoting FTX and other crypto businesses. Did they bother to investigate these companies even a little bit before encouraging people to invest in worthless junk? Or did they cash the checks, no questions asked?
@glengarbera7367
@glengarbera7367 Год назад
Ben's not just a pretty face he's actually pretty smart. Good work Ben, to bad there weren't more like him.
@roughhabit6496
@roughhabit6496 Год назад
He’s wrong and Madoff was correct when he said that the US government was the biggest Ponzi scheme in history.
@jameskim1449
@jameskim1449 Год назад
Or he could be an actor reading a script someone paid him to read
@grildcheez1504
@grildcheez1504 Год назад
He's wrong and stupid. The whole problem was centralized banks. None of this would have happened if those people had self custodied as is what crypto is meant to be and frauds like SBF were made more accountable. Crypto banks like FTX and Celcius should have been treated like public washrooms. Get in do your business. Get out. Not your keys not your assets. Get a ledger Wallet. Self Custody. He needs to stick to acting.
@daniel8chang
@daniel8chang Год назад
He has a Bachelor's in Econ from UVA. I'd say he knows some things for sure.
@grildcheez1504
@grildcheez1504 Год назад
@@daniel8chang that this is the "field expert" they brought in to testify should tell you they have an agenda to spread a fake narrative.
@Loveandkindness33
@Loveandkindness33 Год назад
My Dad was majorly part of a Ponzie Scheme in NM and was on American Greed for it. He only served 18 months…
@janetownley
@janetownley Год назад
And literally EVERYBODY knew this all along, except a small handful who got into it
@eon001
@eon001 Год назад
This isn't get the press i should be getting. I'm only just seeing this. You have a actors leading this, and they are still suppressing it.
@caribbeanbtchodler33
@caribbeanbtchodler33 Год назад
BITCOIN is not "crypto"!
@jamesobrien4013
@jamesobrien4013 Год назад
I love it when "actors" become "experts."
@peter12246
@peter12246 Год назад
Kinda like Reagan
@shaunakkulhalli
@shaunakkulhalli Год назад
He graduated with a degree in "economics". Like basic research will tell you that
@joeljoss1916
@joeljoss1916 Год назад
Sounds like someone stopped listening when they heard "actor".
@Dnightartist
@Dnightartist Год назад
Honestly, many actors have advanced degrees.
@alabastersmidge4692
@alabastersmidge4692 Год назад
@@Dnightartist Smug
@ZoomZoomMX3
@ZoomZoomMX3 Год назад
A well known person, who's informed on what their talking about. That could be a better future. He's looking out for the little guys and those who dare to dream big who are the easiest to lead as they want to believe
@devildoll9929
@devildoll9929 Год назад
"They're"
@julianjacobson10011
@julianjacobson10011 Год назад
This person is patently unqualified and uneducated on the matter.
@devildoll9929
@devildoll9929 Год назад
@@julianjacobson10011 Who is qualified, then? Apparently, the "experts" who have been pushing bitcoin and crypto the last couple of years didn't know much more than the average person you see waiting for a bus. Only the person waiting for the bus isn't in danger of being indicted anytime soon.
@skdfdjkdfjkd
@skdfdjkdfjkd Год назад
looking out for the little guy by taking away his chances to learn and become rich.
@kreed82
@kreed82 Год назад
He's actually looking out for celebrities with real money lol
@ilhamrj2599
@ilhamrj2599 Год назад
I do not even have degree in Economics. At college, I was always taught, that no matter how crazy difficult everything has to able to explained in simplest way possible to everyone before claiming that such concept is beneficial to the society. Crypto is extremely difficult to understand, to teach even to me as the one with Master degree in Electronic Engineering. I understand Microwave Communication, Optical Engineering, RADAR, and Electromagnetic Theory even years after I graduated. Still, even when some Crypto supporter tried to explain to me in simplest way possible, it would have confused me even more.
@johnburns8660
@johnburns8660 Год назад
You're not alone.
@fragglet
@fragglet Год назад
There's a bunch of technobabble behind how it works and a lot of grandiose hype but it can essentially be summarized very simply: people making their own fake money. When you wash away all the bullshit and realise that's all it is, it's very obvious that it's neither a revolutionary, world-changing idea, nor even a good one.
@MelaninMagdalene
@MelaninMagdalene Год назад
Crypto is short for “cryptography”. What’s encrypted behind Bitcoin are chomo pxrn files.
@marcdc6809
@marcdc6809 Год назад
it's not that hard, you probably see the 'clothes of the emperor' for what it is... it's worth as much as people want to pay for it... and when more people want to pay for it, the price goes up, and then when more people want to sell them, the price goes down... it's like the economic principle of supply and demand reduced to it's essence... gold without the weight... platinum without the molecule... a soap bubble, but without soap... an economy, but without the goods and the services... also, there's only 24 millions bitcoins, but nobody stops you from making another 24 million bit2coins, bit3coins, dogecoins, FTT tokens, Tether stable coins... there goes scarcity out of the window...
@theultimatereductionist7592
@@fragglet BOOM! TRUTH!
@andrewiglinski148
@andrewiglinski148 Год назад
He’s absolutely right. I’m a software engineer and working freelance me and some of my colleagues get paid purely in crypto. *Every single developer* I know cashed theirs in immediately. It exists and has value solely because people are too domb to realize it’s worthless.
@nilfux
@nilfux Год назад
Now explain Fiat Currency you software engineer wizard.
@adiintel1
@adiintel1 Год назад
Why bash cyrpto space I agree plenty of bad actors and ponzis in the space but the fiat overlords are just as wicked and evil.
@andrewiglinski148
@andrewiglinski148 Год назад
@@nilfux it’s shared amongst an entire population and agreed upon as a medium of exchange for your labor. This is not difficult to understand, but would we really expect a well thought out question to come from an account with cartoon for their profile picture. If that doesn’t say ‘I didn’t go to college, star on a sports team, or graduate near the top of my class so now I’m both insecure and undeservingly confident and make up for my obvious short comings with blind assertions anonymously online’…
@RobertNight1
@RobertNight1 Год назад
Crypto isn't a scam. FTX was a centralized entity. I remember similar news coverage with QuadrigaCX. I've been watching crypto since 2010, buying crypto since 2017, then storing crypto in non-custodial wallets since 2020. Even in this down market I'm just fine and still up. I've seen the ups and downs. In each bear market traditional media starts platforming skeptics
@Luna.3.3.3
@Luna.3.3.3 Год назад
I'm glad I'm part of the 80%. First off, I viewed crypto the same as gambling. Only gamble the amount you can lose without it affecting your finances. Secondly, I don't understand it, so I wasn't going to plunge into something blindly. Last, I have barely enough to put in my RRSP every month, let alone some pie-in-the-sky 'investment'.
@almac9203
@almac9203 Год назад
I know people that invested in it and I heard so many success stories but I didn't invest because I didn't understand Crypto. I have a degree in accounting and marketing but I simply had no idea what you were actually investing in and I remembered Warren Buffet saying invest in things you understand like McDonald's and Coke Cola.
@Luna.3.3.3
@Luna.3.3.3 Год назад
@@almac9203 Maybe I'm not as stupid as I thought, lol. If someone with an accounting degree didn't trust it, I sure as heck 'ain't. Yes, I heard there was a giant boom a while ago and people were laughing all the way to the bank - then I heard the bottom dropped out. As I said, I don't have money to gamble like that. I'm sure ones that are very wealthy do.
@ZynthWaves
@ZynthWaves Год назад
anything you buy with money is a gamble.
@bianca-sg8zq
@bianca-sg8zq Год назад
Excellent interview. Meanwhile, back at the ranch, crypto business is still in full swing!!😬
@dylanmmc
@dylanmmc Год назад
The fact that nobody knows who created Bitcoin should be your first 🚩
@maebusgaming7913
@maebusgaming7913 Год назад
Such a breath of fresh air that I didn't have to listen to someone read some BS off the internet during a podcast. EDUCATION! THE MORE YOU KNOW!
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
Warren Buffet on Crypto: "It's not going to end well"! Nuff said.
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
Will do. What is the name of the company?
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
@govern me harder gruberment (Andy peltola) Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on the cryptocurrency. He said at the Berkshire Hathaway annual shareholders meeting Saturday that it's not a productive asset and it doesn't produce anything tangible. Despite a shift in public perception about bitcoin, Buffett still wouldn't buy it. "Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty sure of is that it doesn't produce anything," Buffett said. "It's got a magic to it and people have attached magic to lots of things." That is a direct quote from Buffet this past Sat.
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
@govern me harder gruberment (Andy peltola) can you please post provenance?
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
@govern me harder gruberment (Andy peltola) Although Nubank does not allow trading in cryptocurrencies, its investment unit, NuInvest, allows users to invest in crypto exchange traded funds (ETF), according to the company website. In 2018, Berkshire Hathaway CEO Warren Buffett declared his dislike of bitcoin, calling it "rat poison squared."
@thedaveandjimshow3809
@thedaveandjimshow3809 Год назад
@govern me harder gruberment (Andy peltola) Although Nubank does not allow trading in cryptocurrencies, its investment unit, NuInvest, allows users to invest in crypto exchange traded funds (ETF), according to the company website. In 2018, Berkshire Hathaway CEO Warren Buffett declared his dislike of bitcoin, calling it "rat poison squared."
@cliverodeo3291
@cliverodeo3291 Год назад
Ken Olsen - "There's no reason anyone would want a computer in their home."
@dijayventures
@dijayventures Год назад
This is why Ben is an actor, and not a financial advisor, the issue with the Scam Bankman fiasco is NOT the fault of crypto, there have been many instances where similar scams were done with usd, in fact true crypto was invented to eradicate such things from happening, where you do not need to put your trust in a centralized entity.
@jchan2088
@jchan2088 Год назад
Did you watch Adam Brody's Bitcoin tv show? He was apparently friends with Ben since they worked on the OC together.
@Maddie9185
@Maddie9185 Год назад
Wow! I didn’t know he was so well informed about finances. Good for him that he is actually doing something about it. That’s why regulation and transparency is so important.
@roughhabit6496
@roughhabit6496 Год назад
Big government mouthpiece. Nobody wants to hear from you.
@radaniel8923
@radaniel8923 Год назад
Gary Ginsler 😂SEC HEAD also in bed with Sam BANKMAN fried so 😂 yah no
@mathewmartenyi2838
@mathewmartenyi2838 Год назад
So crypto are just tulips?
@kpepperl319
@kpepperl319 Год назад
Nice...
@mannbill1
@mannbill1 Год назад
This shows you how much people don't know about crypto. FYI. Crypto isn't going anywhere for a long time. There is nothing that beats how much the dollar has been manipulated or used for illicit practices.
@Reverend_Brown
@Reverend_Brown Год назад
Crypto has not gone anywhere at all.
@davidwoo2590
@davidwoo2590 Год назад
Money, it works if a majority of people have faith in its value. Currency has no inherent, "real" value of it's own, its value is in our faith and trust in it and essentially in our heads and not in our bank account ledger.
@GreenBeanGreenBean
@GreenBeanGreenBean Год назад
false, the USD is backed by guns, nuclear weapons, and the largest military on the planet currently
@davidwoo2590
@davidwoo2590 Год назад
@@GreenBeanGreenBean did I specifically mention US currency or just currency in general. What is the russian ruble backed by? The Mexican peso? The English pound? The end of war nazi reichsmark?
@davidwoo2590
@davidwoo2590 Год назад
Isn't the stability of a society that backs its currency important then? The loss of that faith and trust can be so debilitating to that nation that the sowing of distrust, villainy are tools for any enemy of any particular state. AMIRITE?
@GreenBeanGreenBean
@GreenBeanGreenBean Год назад
@@davidwoo2590 those are all also backed by weapons, by gunpoint..........and by people that will take your a$$ to jail or worse for non-payment.
@davidwoo2590
@davidwoo2590 Год назад
@@GreenBeanGreenBean how much would you invest in the Russian ruble? Of course you and I have no faith in the value of the near end of war nazi reichmark as a currency. That currency only has a value as a war trophy souvenir.
@l0I0I0I0
@l0I0I0I0 Год назад
It's funny how actors are the best at sounding like they know what they are talking about.
@elchaposexcitingadventures1674
He does have an economic degree….
@FG-xc5qj
@FG-xc5qj Год назад
Are they not human? It sounds so stupid when people like you act as if these people aren't human or educated. They have the a lot of the same worries and concerns as everyone else. Being an actor is a job just like being a mechanic or engineer.
@l0I0I0I0
@l0I0I0I0 Год назад
Perhaps but my experience has been actors are great influencers. Just my opinion and I'm sure there are exceptions.
@l0I0I0I0
@l0I0I0I0 Год назад
@@FG-xc5qj Don't think the question is on their humanity, but don't like your demeaning attitude which is far more offense than anything you could imagine I said troll.!
@FG-xc5qj
@FG-xc5qj Год назад
@@l0I0I0I0 I’m far from a troll and I couldn’t care less what you don’t like! I didn’t like your comment as if celebrities aren’t real people with real feelings and actions. You seem to actually be the troll.
@bryanjones4987
@bryanjones4987 Год назад
The minute someone says..." This is the biggest thing since automobile"... People flock to it like flies to poop.😔
@miguelitobautista8908
@miguelitobautista8908 Год назад
When crypto came out and I heard it's unregulated. My first question was, how does it earn returns on its own?
@RobertNight1
@RobertNight1 Год назад
Crypto coins are generated by a decentralized immutable code which is far more predictable and stable longterm than a "regulated" federal reserve that just prints out more money when it feels like it
@EatCoffee
@EatCoffee Год назад
The return comes from the "greater fool theory". Price is only determined by hoping someone will pay more for crypto than what you have paid. There's no share buybacks, dividends, earnings, or acquisitions in crypto like what you do have in stocks. No security either, governments will not help crypto like they do with businesses
@d.thurston8524
@d.thurston8524 Год назад
This is why I learn much from watching American Greed.
@lt3074
@lt3074 Год назад
That show is so good!
@jaylovespti
@jaylovespti Год назад
Don't worry SBF will be on it shortly!😅😆🤣😢
@JoseMorales-lw5nt
@JoseMorales-lw5nt Год назад
Good Lord.... looks like Commissioner Gordon was in kahoots with the SEC all these years!
@jntj3007
@jntj3007 Год назад
I'm still amazed that so many people, many of them very highly educated, continue to so aggressively defend crypto "currencies", while claiming to understand what it is in the face of all the BS surrounding it. They act as if it's the greatest thing since sliced bread. It's a scam and always was a scam.
@MartinMaat
@MartinMaat Год назад
It's religion. Intelligent people go to church too. They want to believe, it makes them feel good. Until they start losing money of course.
@MarioMaccaferriRules
@MarioMaccaferriRules Год назад
Mind you, sliced bread is an abomination.
@fomofud9479
@fomofud9479 Год назад
Oh dear ....
@cerinaveronica3696
@cerinaveronica3696 Год назад
Nice content. To me, trading the forex and crypto market is way better than any online investment 💯
@masontaylor1999
@masontaylor1999 Год назад
You are right but the market is more profiting this days if you are using really a good broker or an expert to help out with trades or provide signals.>>
@brendagrispo6497
@brendagrispo6497 Год назад
@brendagrispo6497
@brendagrispo6497 Год назад
@Kloopp Martinez Thanks for the recommendation, i just contacted her and we are both having conversations right now. God bless you
@andrewshitman7605
@andrewshitman7605 Год назад
Wow you really know expert Sarah ..? I'm a living testimony of expert Sarah , she has been trading for me for months now
@jasonperilous9967
@jasonperilous9967 Год назад
@JORDANnocontest
@JORDANnocontest Год назад
Ben wake up bro ur wrong. Crypto Blockchain. Is unregulated but such a valuable use. Ridiculous .
@britical-socialcommentary1070
The fact that they brought on an actor for an opinion and were blown away at his level of subject knowledge, coherence and clarity speaks volumes of the fact that many celebrities just aren’t great at politics/ economics.
@jimmason8502
@jimmason8502 Год назад
He's brought on because he's co-authoring a book on the subject.
@ToneKoneFrmDet
@ToneKoneFrmDet Год назад
Jim Gordon looking out for the people! ✊🏿
@stevensmith-rb9if
@stevensmith-rb9if 10 месяцев назад
FOCUS ON YOUR ACTING CAREER. HE MAD BECAUSE HE GOT SCAMMED.HE INVESTED WRONG AND HIS FRIENDS WAS MAD AT HIM
@CHUCKBALLER2024
@CHUCKBALLER2024 Год назад
Non Crypto people should stay out of crypto gov & dummies
@rachelkristine4669
@rachelkristine4669 Год назад
Dude is absolutely right! Even I knew it was a GD scam. WHY? Cuz ALL of these "get rich quick" schemes usually are. As for doing business online?! No way! I don't even buy anything off Amazon. If I can't go into a brick & mortar store to buy it, I don't need it. Besides , I much prefer 2nd hand stores anyways! Am cheap. And I proudly acknowledge that! 😌
@michaelrmurphy2734
@michaelrmurphy2734 Год назад
I ordered somethings from IKEA. They were being shipped by FedEx. Have not shown up...
@aleahboone4323
@aleahboone4323 Год назад
My spirit sister! Same here. If I can't touch it or see it physically in my face, your not getting my money.
@iceyjo
@iceyjo Год назад
You don't understand crypto and should have never put a cent into it. The problem is stupid people thinking they could put there money into something without understanding it.
@michaelrmurphy2734
@michaelrmurphy2734 Год назад
@@iceyjo What's to understand? Its a scam to steal sucker's money.
@VelcroKittie
@VelcroKittie Год назад
I invest long-term in Crypto. There is nothing 'get rich quick' about my portfolio. I am viewing my portfolio over a 10 - 25 year life cycle. I think you are referring to "shitcoins" that have no utility behind them. Those are definitely 'get rich quick' scam coins and tokens that solely rely on buy pressure. The first in the door benefit and the last in suffer. I would advise anybody willing to listen to never invest in shitcoins, but so many people don't listen. They end up losing tonnes of money because they don't have the patience for investing. They want it yesterday! The problem however is that word gets around about these horror stories, and people attribute them to the entire Crypto space, which is simply not true. Anyhooo...each to their own
@allanblack2793
@allanblack2793 Год назад
Crypto,,, made from nothing. Backed by nothing. No truer saying than a fool and his money are easily parted.
@tophat2002
@tophat2002 Год назад
What a great guy
@GameFanTime
@GameFanTime Год назад
This guy is great! he was brilliant as jim gordon too. have him on again pls!!!
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