Crypto: The World’s Greatest Scam.

[@JamesJani]

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

[@Louziaa]

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

[@realbobbyaxel]

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

[@josephmurillo8043]

Happy new year James!! good seeing you back

[@AlexanderTheGoodEnough]

You look like that dude from Peaky Blinders

[@Koort1008]

Fiat currency is the biggest Ponzi Scheme ever. Way bigger than Bitcoin.

[@Zakisocial]

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

[@the_travelingbreeze]

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

[@user-sf9gs2pg1b]

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

[@cleander3645]

they are not most are paid in eth

[@HowMoneyWorks]

Exactly

[@kenmay5532]

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

[@buntrockstudios]

The biggest scam is fractional reserve banking.

[@benstr8156]

The biggest LEGAL scam is fractional reserve banking.

[@zacherygilley3793]

Facts

[@amc5818]

100%

[@Jm-fn5nd]

You still get your money though... Usually

[@buntrockstudios]

@@Jm-fn5nd you mean the banks money 😉

[@PBoyle]

Is this video available as an NFT?

[@StephenBerth]

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

[@ChrisHodges87]

Dude! That is really funny.

[@esmith272]

Yes bidding starts at 1.5 million 😂

[@MadeMan-m8w]

@@esmith272people think that’s funny but something is worth as much as someone is willing to pay for it. A NFT is digital scarcity. You could tokenise your house as a NFT and that’s registered on the housing market blockchain of choice. Everyone can see openly that you own that house. When you sell your house you sell the rights to your house as a NFT (NFTs can’t be duplicated so that’s where the scarcity and authenticity is proven) People are focusing on silly pictures selling for millions instead of the technology that is revolutionary Absolute scarcity and proof of ownership has never been achieved or verifiable until now. These video will age like milk in the next 20 years

[@tiffany.Elizabeth.]

😂. You’re the goat Patrick!

[@EthanFaidley]

They called it a scam at $1, at $10, at $100, $1k, at $10k, now at $100k. They will call it a scam at $1 million.

[@Xxxxxxxxxxxxxxxxxxx9191]

These npc's man 😂😂😂

[@Tailionis]

It's a gamble. It's not a scam. I expect a huge btc drop eventually

[@Xxxxxxxxxxxxxxxxxxx9191]

@@Tailionis trading is not gambling if you study about it

[@kallelaur1762]

its a pyramid scheme. Although it's a global one so there will be no shortage of suckers.

[@Tailionis]

@@Xxxxxxxxxxxxxxxxxxx9191 I'm witnessing it. The billionaires manipulate the market. They can all come together and rug pull under all of us.

[@lydiacoleman1565]

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

[@daimsaeed]

The hype was too much but tbh its a revolution regardless

[@brilobox2]

@@daimsaeed revolutionary way to create bag holders.

[@ooowatzthat]

@@daimsaeed revolutionary way to scam!

[@Serocco]

Men who love men?

[@falcons6219]

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

[@haldosprime3896]

What always baffles me is that people completely trust influencers. The name influencer should be all the red flag you need. Their job is to convince you to do things, and 99% of that is to spend your money to benefit themselves.

[@cyphi474]

It might surprise you, but its because they are stupid as fuck.

[@BitcoinBoomer64]

When you say “influencers” if you’re referring to people like Michael Saylor, and Saifedean Ammous … YEP! I’ll believe what they say about Bitcoin!!

[@johnshite4656]

​@@BitcoinBoomer64 You should never put your trust in a public figure like that. It's one thing to say you support Bitcoin. It's something else entirely to say you support Bitcoin _because of somebody else._ That's just weak beta cuck- shit-.

[@runningman2989]

Anyone who trusts an influencer or celebrity deserves to be scammed

[@BitcoinBoomer64]

@@runningman2989 Sounds like you’renot familiar with Michael Saylor, and Saifedean Ammous

[@JDizzlePowah]

As a general rule of thumb, if you're hearing about something that can make you money and get you rich quick, then you're already late to the party, you're the end consumer and someone else is going to get rich off you

[@ayoubboutarfa5061]

Not true 😊

[@ChobeVelyasha]

​@@ayoubboutarfa5061 Thank you for your comment. After reading it,I changed my opinion and now disagree with top comment just like you.

[@ayoubboutarfa5061]

@ yeah mean I’ve been hearing about a lot of stuff and watching KZbin videos for years and then I started and now I’m making a good amount of money from my little projects. Goodluck and stay safe out there!

[@Minimalici0us]

I fully agree. Reason: personal experience

[@somethinsomethin7216]

So, gold? Been a thing of value for thousands of years, and still gaining value

[@matheuswagner5198]

Just leaving a comment to see how well the video ages.

[@backwardsyoga]

so far it's aged terribly

[@golbjorne6455]

​@backwardsyoga it hasn't. If anything, he's more right than before. Nfts are still worthless and crypto is a significantly bigger ponzi scheme now, while cryptos are still not being used as currency

[@noahj1144]

@@backwardsyogawe will see in 5-10 years time

[@nightynine4061]

He has valid points. You just need to stay away from HawkTuah and other meme coins. This includes etherium. Bitcoin is separate not part of the scam.

[@airjunkieadam]

​@@noahj1144Yes we will. He'll probably so embarrassed he'll delete this video by then.

[@informer3000]

Banking is obviously the world's greatest scam!

[@Moi-Yo]

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

[@XRP-Alchemy]

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

[@ShitSpooky]

Don't forget insurance.

[@mgmrateconfirmation8404]

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

[@ginava506]

Don't forget pharmaceuticals, insurance or professional sports

[@bertbakker307]

When money is involved, people's brains shut down and all that remains is greed.

[@hvanmegen]

Haha.. right? I'm still loving this 🍿

[@KubiaczkaAgnieszka]

@@hvanmegenhello how are you?

[@dibbla]

So that applies to housing, stocks, gold, art or anything else of value?

[@memycellsandi]

A bit one dimensional there. Some people struggle and believe it is a wealth and an investment. Have empathy.

[@KubiaczkaAgnieszka]

@@memycellsandi true, you invest?

[@brittanyrearick414]

I've been studying crypto, trading, investing, technical analysis, etc, for years now. I fully expected to watch this video and disagree with whatever you were going to say. But there's not a single thing I'd disagree with. This is why it's important to not just consume media that supports narratives you believe, but also open-mindedly consume media you think you'll disagree with. Otherwise you're just a victim of the algorithms set in place to reinforce your ideals, leaving you with no actual opinions or free thought

[@g3nj1]

What is the use-case for Bitcoin besides getting in early and then selling at ATH? I suppose they say HODL so when it is a commonly used currency you are already rich in that space, but does anyone think that is ever going to happen? Good on you for being open minded and aware of the dangers of never examining a different point of view. I suggest looking in to Max Azzarello and the Ponzi papers. with your experience being front and center for the show for so many years you will probably be able to piece it together pretty quickly. Max asserts that bitcoin price is tied closely to inflation rates. maybe you can see if that rings true. I wish you well on your journey of truth.

[@artistblanco]

Bruh this is the smartest comment I ever seen in my life, actually I do the same, I'm capitalist but I like to see communist videos to know what they think and how do they end up with their conclusions (but i still think they are deeply wrong haha) greets from Colombia

[@digitalmerchant7989]

But isn’t that what we are already experiencing with the internet and computer machines. Taking advantage of the ability to create ideas to reinforce our belief thru codes. That’s the basics of human civilization my dear. We are just doing it this time with code coz humans have always failed us. Crypto is the future of the internet. Web 3.0 is a spinning wheel and will thrive as time beacons for néw innovation…

[@CharkG73]

I'd agree with a video recommended about that 😅

[@PoppinHoops]

@@artistblancothat’s not communism, he’s just exposing the scammy world of crypto. Also there is difference between socialism and left leaning views, and communism. But the US tends to mistaken the two for some reason. Good on you for watching opposing ideas from yours though. That’s the best way to test your opinions and ideas

[@ianharwood2941]

Thanks

[@DavidBrocekArt]

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

[@DSSkala]

if it sounds great, it's probably fake

[@ivanchorusev6996]

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

[@elin111]

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

[@avoxados690]

Real!!!!

[@disruptapps]

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

[@moustaffanasaj1584]

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

[@icebridge3940]

I think you just described it

[@AlligatorAli]

@JamesJaniyt shut up scam bot.

[@sitonmyfacebook5622]

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

[@sumayyahadetunmbi4347]

yeah

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

[@leightonrose9278]

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

[@Rowlph8888]

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

[@lulz59]

@sbmitchell Copium

[@annonnnn123123]

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

[@LN-pm5yl]

Theyre mentally ill, theres no other explanation

[@kevincloar2443]

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

[@greaterpainter7996]

Sometimes I think, "Am I too late getting into Bitcoin?" And then I see videos like this and think I'm still an early adopter.

[@beneditoart]

yea, its so funny, if you look at the date, this video literally indicated the bottom of btc, he shoulda bought after making this video 🤣, maybe ill follow this channel and when we are in the bear market if this guy makes a video I get in again 😂

[@potatocalledonion]

get out of the echo chamber dawg

[@beneditoart]

@@potatocalledonion say that to black rock the biggest asset management firm holding btc, wake up bro

[@scottkasper6378]

@@beneditoartthey experience fomo like every other human.

[@wire5246]

@@beneditoartbitcoins value is entirely speculative, not based in anything material. Its fundamental mechanisms don't produce value. Its deflationary. This is like calling someone stupid for not investing in fartcoin and being like "see its doing well". Yeah this is glorified gambling. all of the profits come from people losing. Nothing he said was wrong in this video.

[@aslancine]

Amazing effort in research and in telling this complicated story! I loved this film a lot. Thank you for exposing these companies!

[@Northstar2000]

No problem Sheikh Aslan the third

[@almabe7608]

Is it almost 37 dirhams?

[@MotoNewsUK]

Simp

[@suntzu6122]

Are you really paying someone to jump into their half baked echo chamber? Yikes.

[@ericsahlberg7103]

What company owns Bitcoin?

[@charleshallam3216]

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

[@rem7502]

That’s actually from the Bible.

[@DirkDiggler1620]

​@@rem7502 Who's version?

[@animeslayergp9333]

your dad is probably right

[@charleshallam3216]

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

[@heartnsoulintodeglocc9975]

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

[@tobybrown1179]

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

[@shoazdon7000]

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

[@plohurts5893]

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

[@andrewilliams1974]

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

[@paulmoore7064]

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

[@iCore7Gaming]

@@shoazdon7000 but they couldn't.

[@stotomusic]

Not seeing the value in digital, trustless, permissionless and transparent money and finance is wild.

[@MarthaTorres-gu7vd]

What goods the money if 70 million dollars buys you a pic of a monkey.

[@stotomusic]

@@MarthaTorres-gu7vd Do you have to own a pic of monkey, Martha? Is someone forcing you to buy one?? Think about bread. Today 1 decent bread is 3$ and 0.001 ETH. In 5 years it will be 6$ and 0.001 ETH. In 50 years it will be 60$ and 0.001 ETH. That's the point of cryptocurrencies, it's not about owning high end overpriced art.

[@shortycareface9678]

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

[@__rikaisuru]

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

[@acacia0104]

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

[@AE-ny2zg]

i can relate

[@ekamsingh1640]

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

[@ScreamingEagleFTW]

i agree. and yet here we are browsing videos online

[@Deilume]

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

[@BewareTheLilyOfTheValley]

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

[@VegasTrick]

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

[@Falaxuper]

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

[@noncustody]

Good thing there is ad free KZbin!

[@ShewasIwas-biden]

Ads? What's that?😂

[@wesleyestes7176]

You should do an update after Blackrock ETF gets approved 😂

[@capimattetoro]

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

[@_brandonn8516]

even right now with ripples victory over the SEC

[@TheTruth427]

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

[@johnwu3593]

Or 1 million

[@ce6ej]

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

[@zaratrusta79]

YESSSSS, the negative videos popping up on my feed.. time to accumulate a bit more!

[@dylan-yf8zg]

ikr the fuck is this? XD "man yells at cloud" vibes from this XD

[@SevenEllen]

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

[@Lorenzo1972.]

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

[@xxxxxxxxx3944]

They were early investors of a Ponzi scheme.

[@xxxxxxxxx3944]

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

[@piotrlll4618]

Money never disapera Just change owners

[@Lorenzo1972.]

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

[@Martin-qb2mw]

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

[@podfather6448]

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

[@Terranova339]

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

[@Martin-qb2mw]

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

[@Terranova339]

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

[@Martin-qb2mw]

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

[@norvusordoseclorum]

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

[@mrkiky]

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

[@marios.2848]

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

[@moonwalker6110]

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

[@bernardoheusi6146]

Banana! Banana!

[@chrisrojas3561]

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

[@BoyGeorge-uq7ce]

Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?

[@AdriaTosar-vg9tm]

Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.

[@JessicaStone-bk4in]

It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.

[@JessicaStone-bk4in]

I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.

[@shawnfoster3620]

Talking to an expert like Faith Reece to reshape your portfolio is a very smart move

[@DavidPerez-gz1hb]

Sure, I started with $3k, and it's been an amazing journey since.

[@rexmanigsaca398]

Now 2024 and nobody talks about NFT's anymore.

[@wach9191]

Yeah after ponzi scheme collapses, there isn't much to talk about.

[@CherryPauper]

That sounds bullish to me.

[@Imroy-c2l]

Nfts have fallen off

[@Imroy-c2l]

@badinstinctsKZbin-xb3oj from what I understand that are an online image. Don't quote me on that cus I don't rlly know

[@gravecode]

Honestly think people have been building

[@josemendezfr]

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

[@knosis.mercury]

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

[@enriquevaldivieso1661]

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

[@kebman]

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

[@BitcoinAndChess]

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

[@BitcoinAndChess]

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

[@BusinessWolf1]

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

[@Hk7762Tube]

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

[@BusinessWolf1]

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

[@mruncletheredge]

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

[@shaq9361]

that requires "work" though

[@BusinessWolf1]

@@shaq9361 most thing worth doing do

[@johnknight2012]

XRP XLM Hbar Theta have actual usages. Bitcoins too expensive to use. And main coins are just incredibly insane

[@JonjonSquared]

I’m with Elon. DOGE style is best😂😂😂

[@kc4276]

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

[@Howdy1233]

I just found out one under his comments section.

[@DellaWatson-cz3mq]

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

[@user-ki6id4vt8u]

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

[@bielaggs]

This comment section is infested with them

[@Scorch428]

Its no worse than the dollar. IF you saw an actual graph of its purchasing power from 1950 til today, youd see its lost 95% of its value, just like some cryptos.

[@silverred6]

Please do one on exchanges next.

[@smokelord2002]

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

[@n3wt]

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

[@Drifter_ZZ]

More on government corruption....

[@CastleCrypto]

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

[@McBonesJones]

The exchanges are like the final boss of the crypto scam

[@duiliopetrungaro8633]

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

[@TimileyinAfolabi]

Crazy🤣🤣

[@DimesterMaster]

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

[@rushabh_sheth]

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

[@Mindflayer86]

Using the Blockchain of a crypto currency for NFTs, is like using your one dollar bill to sniff some coke. The fact that James rides about that misusage, just shows he did not understand...

[@sungmaster]

@@DimesterMasterThis just proved his video more, that Bitcoin is nothing more than a speculative device

[@kirbyscovers]

Great video James ... alot has happened in the Crypto space since you posted this and one area in particular is Ripple and it's XRP. When I started looking at crypto recently I couldn't understand why anyone would put money into something like NFTs or Memecoins as they don't actually do anything. But transferring large amounts of currency across the world into another currency at lightning speed and at low cost ... now that's a good use case for blockchain, and XRP does that for big banks. XLM will do the same for the consumer, making it fast, secure, low cost and decentralized. So I can see these utility tokens XRP and XLM, which actually do something beneficial, a valid part of the crypto space. Do you disagree?

[@MegaVirusX]

Great comment.

[@jarednotter1354]

Ripple is more tradfi fintech than crypto. Kind of a bastardization of the spirit of the tech. Though I see its potential application.

[@juansarasua]

Finally KZbin released the documentary!!! 👏👏👏

[@skiism_3900]

Been waiting too😂

[@ochocheakpanga9715]

Same here. Been waiting

[@defenastrator]

The Folding Ideas channel released the documentary a while ago.

[@curiodyssey3867]

@sourav jaiswal same, I want to know

[@itshyzen]

Seems like you dont use much youtube

[@gregjk]

What about Governments printing money from nowhere?

[@samizemoura2180]

@gregjk The whole concept of money is scam designed by the magicians. The collective belief that a piece of paper with a couple of sigils drawn on it has any worth in the real world is a spell which is cast upon people. And until that belief remains, so will the power to the people who print it. They've headed the society into cities and have given them jobs which only have the potential to sustain the means of living rather than proper scalable businesses where people provide actual value to their community thus build their reputation through real work where they can then attain valuable assets such as land/properties/livestock etc. With the current system you're practically a slave as your currency is useless talisman whose value is entirely controlled and depreciating yearly to ensure that it is practically impossible to attain the simple things one could previously earn through good honest work. Hence the usurious system encourages this greedy, every man for himself, evil culture which leads nicely into why so many people are still interested in bitcoin despite knowing its BS. So the only difference with bitcoin is that it's happening on a local scale where anyone has the licence to create these talismans that people assign value to. And you can see that the most successful bitcoins are the ones promoted by celebrities which in itself is an example of a spell cast upon people where they believe a person who eats and craps just like them in somehow worthy of the masses' attention and adoration. It's all mass psychology and the manipulation of the human psyche which, if you come to learn a thing or to about magic, is the highest form of magic. Because should you learn how to manipulate a crowd to your advantage you can harness their resources and get them to do all the work for you and in the meantime you're simply reaping off the work and consuming of their substance. So its no wonder that most monarchy have their magi as advisors (John Dee for Queen Elizabeth 1) and so long as there are people in this world willing to profit of the backs of others and do anything to attain their wealth nothing will change and, as I'm sure you're aware, it will never change. Seek God because He tells you all about this usurious system which is designed to keep the rich with all the wealth whilst the poor in debt, and the only refuge or consolation anyone has in this system isn't trying to cheat it or game it in anyway, but to be in this world but not of it. That's at least the way I see it and its the only peace i can have within myself whilst living on this earth. All the best to you and may God be with you

[@MadeMan-m8w]

Bingo, exactly you get it James is uneducated in the money system so from his narrow view he sees Bitcoin as a scam when it’s just the evolution of money. Scarcity, transferability, durability, sovereignty, immune to corruption. Bitcoin ticks all those boxes Cash doesn’t as it’s being printed indefinitely and people are working for dollars only for the government to reduce their purchasing power through the creation of more money. This guy James is truly misinformed on what money is and is missing key concepts of what Bitcoin is and why people are gravitating towards it instead of calling it a scam.

[@jackpan4535]

Shhhh you’ll hurt their fiat-centric brains trying to conceptualise how shit fiat is as a form of currency

[@Cbd_7ohm]

You buy crypto usually with fiat dummy.

[@Cbd_7ohm]

​@@jackpan4535You didn't make any argument.

[@artdent1557]

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

[@mrsmith8694]

Ya now look at it. all time high.

[@finaldaylight3804]

lmao sucks to be them

[@ethanstine426]

So has bitcoin changed the world yet?

[@mrsmith8694]

@@ethanstine426 not yet. but it will.

[@MaxFriction]

Hahahahah losers Weak hands deserve to be poor.

[@Drew99GT]

Getting crypto ads while watching this is enlightenment! 😂

[@Baby__668]

Me to

[@jessicamariabelmes1622]

They been hacking phones , bank acnts n cant trust no one these days.

[@johnshite4656]

Yet I know of actual crypto channels that disable ads completely. Funny, eh?

[@griffinemerson8475]

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

[@boldCactuslad]

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

[@YOSSARIAN313]

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

[@blakksheep736]

@@gregkaczmarek7084 wdym?

[@sexballs]

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

[@kroche90]

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

[@DavidBrocekArt]

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

[@imrx222]

LOL

[@blinkinbaboonbiskit]

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

[@disguisewhat5452]

Sounds very much like the art market to me.

[@bravebee9932]

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

[@jaylucas8352]

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

[@dbeecher9783]

It recently crossed $106K/coin...

[@MindNow]

James, I gotta say that ur marvelous at making documentaries. The fact that I watched the entire video, all the way through already says how awesome u r at conveying stories. Just amazing! Thank you for all your effort ❤

[@johnnyplays101]

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

[@pauljanicek1872]

@@johnnyplays101 love coldfusion as well. All excellent creators.

[@johnnyplays101]

@@pauljanicek1872 check out this Nick dude as well. He’s criminally underrated.

[@27forlife]

@@johnnyplays101 bro i just saw the channel your saying it only has two videos , what do you expect from that.

[@johnnyplays101]

@@27forlife james only has 18 and he got half a million subs when he had 6 so? Quality over quantity bruh.

[@Ben-uf3st]

Who’s watching this in March 2024?

[@PeterBehr82]

its always the same, every was there

[@dnoordink]

Yeah didn't age well...

[@themadhatter9703]

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

[@flatfish72]

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

[@themadhatter9703]

Bingo! Play the game

[@tombraon1006]

This video is like a movie. This is one of the best editing and informative videos I ever seen. Amazing work, James.

[@tombraon1006]

@enrique11 OK, what the f*** do you mean? Maybe there is a reason to scare people off? People lost thousands with NFT scams, shit coins and FTX. Most cryptos are down 90% from the top. This industry has a vision maybe but is filled with scammers.

[@ewor99]

stay poor!

[@blazzz13]

@@ewor99 Stay rich with your $100k Bitcoin 🤣

[@satanspy]

@@ewor99 haha im only loading up on $BITI you crypto clowns are done!

[@expioreris]

Why is he talking about Bitcoin and mining in past tense?

[@Robert08010]

The reason the influencers are all saying "HOLD" is because if YOU sell, THEY loose money. They want you to HOLD so they get their money first. Then, to hell with you.

[@britishaccentsucks4209]

Who's here after BTC new ATH this week?

[@negusresurrected]

Price go up, price go up, price go up! 🙄

[@GaudyGabriev02]

94K of USD now

[@bluesrocker33]

​@@GaudyGabriev02Sweet. Wait. Why would I want to buy it now? Its crazy expensive..I don't stand to make that much in terms of percentage

[@Fanta....]

@@negusresurrected No shit, thats the whole idea.

[@beaware354]

Now $98k

[@latteyash8650]

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

[@mohammedsohail2930]

Exactly same here 😢

[@johnnyplays101]

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

[@latteyash8650]

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

[@CaribbeanCryptoTips]

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

[@scarlettspear7447]

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

[@johnwu3593]

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

[@wedgecharger]

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

[@nathan.861]

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

[@mouademalki680]

truly bro @@nathan.861

[@__________o____________]

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

[@ergonaut940]

@@nathan.861 he is a buttcoiner lmfaoo

[@Chewwielee]

As a crypto believer or fan I still must admit I like your video , end of the day people should be aware that scams can take centuries before collapsing and should always be aware that nobody can 100% predict the future

[@AliceMary-hq7xk]

The efficiency of this is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folk underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this SO digestible is really something. Awesome works ADRIANNOTCH!!!!!!

[@TheMagicalPoison]

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

[@rhea6122]

That was my first thought

[@ezrabaraka3583]

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

[@Kartoff3ltroll]

The use case! We finally found it!

[@shingshong4550]

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

[@Brunolikespie2020]

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

[@zeppirl]

Value is a belief. If enough people believe something has value then it has value. It's goes for everything.....money, gold, art, crypto, books, knowledge.....

[@tanimation7289]

Gold can be used in electronics, art can be seen and touched, books contain knowledge and information, crypto is just code on a computer that will be worthless if the power goes out. Physical dollars can least be burned for warmth and coins can be melted into tools.

[@jonasjakobsson9006]

Well there are fundamentals. You as a human require certain assets and products to live. Those values are not speculative but physical reality. I think our modern economy has become over complicated where financial products stack on top of financial products resold as a financial product rebought as financial product...

[@iaderesel]

Everything in your list also has some tangible usefulness, except crypto

[@GymLone]

U nailed it

[@Janodoo]

@@iaderesel then, you dont understand crypto :)

[@DataZero-bk1ui]

2 years later the haters are still mad crypto is still going and making me money the only scam is the people who didn't buy.

[@ThePlainBagel]

Incredible piece, James. Your capacity for story telling, combined with your stunning editing, made this a genuine joy to watch. And you really did explain the issue so well, a solution looking for a problem AFTER it's already been priced for perfection. Bravo 👏

[@EchteJimmy]

Hey

[@Zach-h2l]

Nice, and I just finished your 2022 finance rewind, that was a great vid. This was a great vid too, but it did tell me a lot about crypto I already learned from you :Da

[@watsonville1113]

14:35

[@watsonville1113]

15:21 15:20 15:23 15:25

[@jmsjms296]

@@watsonville1113 KPIG is great, crypto is not...

[@andyeccentric]

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

[@ConFlow247]

This is true crime

[@fzaers]

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

[@Drift0x]

Ok boomer 😄

[@FaresDjebbar]

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

[@mister_M.]

@@FaresDjebbarrekt

[@Drift0x]

@@FaresDjebbar thanks man 😅👍

[@fzaers]

@@Drift0x hehehe we got a fish on the hook

[@youjpntube]

The USA plans to buy 1 million bitcoins, which could rise the value from today's 100 thousand to 500 thousand dlls.

[@Nitro2048]

And from whitch part of your ass did you pull this out of?

[@Jack-ox3rd]

They have no choice. The debt is almost $40 trillion dollars. Bitcoin can easily absorb all the useless printed fiat and treasuries into a better store of value

[@zoltanrebellion5433]

Far easier for UncleSam to just print the money to pay off the debt.

[@DSH__]

@Nitro2048trumps policies

[@dunmatta2670]

i remember when NFT's were just starting to become mainstream, I was at a friend's wedding and one friend was trying to explain to others who didn't know about NFT's what they were. I gave in my two-cents and just said they're basically things that people with too much money on them buy. How fine that sentiment has aged.

[@fabfab4453]

People who don't understand a technology trying to explain it to other people who don't understand this technology....yeah I'm sure it aged great. NFT is a proof of concept of digital uniqueness...right now there's little use for it on its own and most don't understand it . But it's a groundbreaking technology.

[@rphb5870]

people with too much money buy things that are fun, entertaining or pretty. NFT are none of these things. It is not like a 10 thousand dollar bottle of of champaign or a carefully crafted ice sculpture, its just nothing. If they want to waste money on nothing, why not give it to a worthy cause like doctors without borders or the cancer society, why give their money to scam-artist.

[@thatindiandude4602]

​@@fabfab4453you are incredibly obnoxious for someone who wants to defend fraudsters.

[@ronDCM]

what good is digital uniqueness when there are billions upon billions of digital items created ? its a needle on a haystack-time wasting.@@fabfab4453

[@fabfab4453]

@@thatindiandude4602 sorry it gets a bit boring when people blame the technology to justify them not looking at what they're buying. It's not because you overpay your stupid NFT that the tech is not great.

[@kohinarec6580]

I love it how the algorithm has decided to equip this video with ads promoting fishy crypto schemes.

[@Nousmourronsseuls]

If enough people agree something is worth something, then it is worth something, until enough of them decide it is not worth something. Not much different to art, antiques, wine, fiat currency.

[@Faeron1984]

Exactly. This video is dumb as fuck.

[@husnainkhalil2554]

Exactly, it's a collectible, not a currency. And a very volatile collectible at that.

[@Faeron1984]

@@husnainkhalil2554 No it's the exact same as the dollar, which is backed by the value of gold. We all agreed gold was worth something, and that's its rarity.. Bitcoin is rarer than gold.

[@lewissanderson4372]

exactly, a scam.

[@christaylor8337]

The dollar seems to have some resiliency. When a crypto holder makes money, where did that money come from?

[@SrNutritivo]

So Fiat money it´s a scam also, right?

[@thromegaawesome]

I find it hilarious that the first ad I see on an anti-crypto video is an ad for a crypto app.

[@dummyyogurt5375]

download revanced

[@pepelapiu2004]

Usually ads are selected for you, to match what the algo thinks you want. Maybe you did a google search for crypto not so long ago?

[@thromegaawesome]

@pepelapiu2004 If you have personalized ads enabled.

[@flinch622]

Yeah, thats right next to trying to sell a pricy new car when a vid is about... how to fix old ones - two completely different markets and mindsets where keywords might overlap, but viewpoints are diametrically opposed. It's basically... an insult more than an ad, brought to us by much the same crowd working on ai.

[@bb5242]

Pretty tone deaf algorithmically speaking

[@BeingJones1]

The fact that nobody talks about book called Forbidden Crypto Hacks is so crazyy

[@hggryrdchgc]

whats that stupid book about?

[@nicoanon]

sounds like ur a bot created to talk about this book

[@Dope_Zero]

Bot

[@CHS01-p1s]

Scam and bot likes

[@BeingJones1]

@@CHS01-p1s nah you are scam and bot lol

[@TerryHaleMizagorn]

I can't remember the last time I had the patience to spend an entire hour watching a documentary. Years ago. This video is compelling, well researched, excellently documented and fantastically produced. What a HUGE eye-opener! I hit that button, looking forward to more.

[@TheBiggestpov]

I make a lot profit investing with this amazing expert named *KRUDCRACKS* I’ve made $47k so far few weeks investing in is platform you can reach him through the above name on my handle

[@27273100]

THIS!! ☝

[@wrfootball3847]

good video but I think he is wrong. All new technologies have a hype phase....and a few will survive...thats doesnt make the whole thing a scam. Its just IDEAS! And ideas are ok, even if they fail. REMEMBER....NOBODY forces you to invest. If you lose, thats on you, stop taking the easy path and blaming others. Its YOUR responsibility. Its a very exciting time, but if you dont want to get "scammed".......then dont invest....simple.

[@TheEmanus1947]

@@wrfootball3847 Good point my Bitcoin bro.

[@xrp_nick]

Look into American tech. XRP XLM. Money moving protocols.

[@remonstrant]

The real scam is having an ad every 2 minutes on an hour long video

[@ByronScott348]

lmaooooo as long as he makes his money from youtube he will tell every1 else how stupid they are for buying bitcoin

[@dummyyogurt5375]

​@@ByronScott348 To be fair, I think It's youtube that increased the ad frequency, on every video.

[@_katx]

I have premium, can’t relate

[@xraymone]

just use adblock for the love of god

[@brucedishongh8727]

Pay for Premium KZbin and you won't have any ads on any videos--with the exception of a video creator pitching a product during his video.

[@chantalmac5857]

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

[@samirs8140]

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

[@ColinsCryptoCrew]

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

[@ra15899550]

IE Endurance, Car Sheild buyer beware!!

[@Bradleybrookwood]

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

[@davidwatts5876]

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

[@rey273]

the best thing to come form this is James' character arc from being a cryptobro to being a normal human again haha

[@patrckra]

wait i dont know him, did he just lose money on crypto and now decided to hate on it? hahaha

[@juliocbp9389]

It’s more like he was very positive towards crypto a couple of years ago, but it wasn’t clear whether of not he owned any.

[@rey273]

@@juliocbp9389 yeah that’s what i mean

[@b__w_4565]

@@juliocbp9389must’ve not sold….and is now salty.

[@olgringold5142]

He's just following market sentiment. Market is bearish right now, so he'll get more views for bearish content. When the market cycle turns back bullish, he'll be crypto-bro again. That's just business.

[@jf9387]

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

[@sparker.24]

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

[@pumpeyethetraderman8083]

It actually did 😂😂😂

[@BMANZZS]

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

[@tmo4330]

@@sparker.24 Delusion.

[@samuelwhittenburg8742]

@@sparker.24what do u do with it

[@EtherealArc-x4u]

The way you explains this and all is just awesome ❤️

[@MalayKumar98]

Alright... I realized this is an hour long documentary only after I finished it. Man...this was brilliant. Visuals, commentary, research all are top level.

[@general_electrics]

Same.

[@jamesoctura693]

Nice visuals but terrible overall content. Lacks a lot of research and doesn't taken into account that the majority of this crash is caused by centralization.

[@Default78334]

Only a half hour if you watch it at 2x speed.

[@johnkenney4612]

Hey James, I would like to hear what you think of Crypto currency HNT from Helium?

[@scottpremo4865]

@@jamesoctura693 YES THIS. people are dumb and this goes wayyyyyy deeper, but if he was to actually go further basically the bottom and speak about centralization. Then it could be 10-hour video plus maybe more. it comes down to, THE BANKS MAXING THEIR DEBT AND THE GREAT RESET.

[@ThePrabutube]

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

[@richestmanoftwitch5058]

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

[@Lorenzo1972.]

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

[@mycosys]

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

[@slevinlucky3240]

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

[@MrMarinus18]

One thing I find interesting is that web 3.0 is essentially digital communism. Communism is about the collective ownership of the means of production rather than having it in the hands of a handful of billionares.

[@Bomayler432]

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

[@xenxander]

Least that technically wasn't a scam.. just a stupid novelty stocking stuffer.

[@tiredspudguy6835]

Hey now, at least pet rocks are real.

[@G.MONEY.WISDOM]

What’s funny is at least the pet rocks are physical and actually exist in the real world

[@donkeygobbles6657]

you cant represent a deed to a property digitally and immutably on a rock. you dont understand the tech.

[@callumprice1710]

​@@donkeygobbles6657you can't do it with cryptocurrency either. Thats easily been shown.

[@crrimz]

Shouldve been buying after all?

[@abhinandup]

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

[@wandone6810]

BTC... bitclub Network

[@comrade_brotato]

The fed is a ponzi scheme, not crypto. This guy doesn't understand the tech and it's lame as hell that hes misguiding so many people. Inflation the fed causes is literally them stealing from peter to pay paul. Decentralized blockchain tech has a very solid set of unbreakable rules making it perfect money.

[@johnshite4656]

Ever hear of the Fear & Greed Index?

[@deangiannakopoulos159]

Today bitcoin is worth $103,000

[@JoelSonofJack]

No it's not.

[@deangiannakopoulos159]

@@JoelSonofJack it was 11 days ago today it’s worth more.

[@livestock9722]

Today it's still as useless and cumbersome as 15 years ago.

[@JohnJohn-bc4nh]

its a pump and dump and not so private from what i've heard

[@LancerloverLL]

@@livestock9722 Get informed. Bitcoin is accepted as legal tender by a myriad of online stores (Travala and Eneba being just two examples I personally have used before).

[@eshleyyy]

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

[@saintmte5076]

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

[@arnaldosouza562]

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

[@MnMEminem]

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

[@DajuSar]

@@MnMEminem So pay to use internet got it

[@cecosvidovski]

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

[@JohnVito]

This video was published when bitcoin was $16k. Anyone who took this video seriously and didn’t take the time to study this asset class seriously left a lot on the table.

[@p.d.stanhope7088]

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

[@ИвайлоГеоргиев-ш3ю]

there is a lot of people got sued

[@boatburnerice7925]

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

[@joparkcat]

i enjoy watching people getting scammed. 😄

[@p.d.stanhope7088]

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

[@josephhuman7390]

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

[@swapnilshrivastava116]

I don't remember when was the last time I watched something of this length on KZbin without losing interest. Keep going James, you're awesome!

[@pruthvirajshiv]

totally agreed

[@user-uk5cu4vw7o]

Short attention span normies thinking they understand crypto when this is the only thing they ever bothered to learn about it. Spoon fed information by someone who gets everything wrong. Good luck fellas.

[@keasenne]

Only James Jani can do that..

[@user-uk5cu4vw7o]

@Clau007 you cant afford a single bitcoin which is why you need to say its failed lmao

[@mycosys]

@@user-uk5cu4vw7o You have invested your entire worth and personality in it which is why you NEED to say WAGMI. You have no option but HODL as you are just as invested in the sunk cost fallacy

[@PuppetShortFilms]

This guy long time ago was 10K Subscribers, the amount of level of editing and scripting is unbelievable great video, applause for you, you deserve more recognition.

[@fuzzypanda1684]

It wasn't that long ago, he went from 0 to 1.5 million subs in about a year and a half. Pretty sure he's getting his fair share of recognition.

[@logicaldebateUSA]

He makes all of crypto sound like a scam which is not accurate or true.

[@leepreece813]

You missed out if you listened to this vid

[@seank9745]

Crypto is a scam.. but so is the banking system. Wherever there's money.. there's greed and dishonesty.. so take your pick and good luck.

[@Iburn247]

I dont think crypto is a scam necessarily. People know what theyre buying in most cases

[@Tailionis]

​@Iburn247 exactly. It's a gamble and I'm gonna profit during trumps term. If a Democrat gets elected again I'm selling

[@forzatoro89]

This and the FTX one are 2 very good documentaries of professional grade, congrats and keep it strong

[@bmmartin1684]

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

[@RustOnWheels]

Slave labor.

[@TrumpForPrison2023]

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

[@raresoupninja]

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

[@raresoupninja]

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

[@RustOnWheels]

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

[@waveswa8168]

Thank you for calling out this giant SCAM.

[@annd8425]

I only discovered you yesterday and I’m already hooked. James, this was eyeopening and affirming. I am glad to know I am not the only one who questions this craze of Web 3.0 and crypto. I look forward to binging your work.

[@erginmollaoglu6165]

Sorry Ann, but everything is going digital, everything will be tokenised. This KZbin video - utter garbage

[@rookiej5587]

I do not understand the WEB3 craze as well. All I see are a bunch of 26 yo on the internet who i have never seen before holding webinars and meetups about it. They have all these glittered instagram pages with aesthetics. Like who are these people, where did they suddenly come from..

[@t60njw]

I think his 1st one was the best. You may have seen it

[@bhuvaneshdoddi7223]

had the same feel when i discovered him

[@annd8425]

@@t60njw I will make sure to watch it. Thanks for the recommendation.

[@justinminer7952]

I have always been a gold and silver guy; not for investing, but to protect my wealth, my buying power. Gold and silver are forever. Real money that will never fail and has never failed.

[@w9gfo759]

Until your govt will say gold is illlegal or there is 50% tax on gold, good luck escaping that country through the metal detectors. That's why 3rd world countries like Venezuela understood btc so much quicker, you can store it in your head by remembering the code or just move it freely around the world.

[@beowolf19751]

Gold is the currency of the Kingdom Of Heaven!

[@gold3084]

The Bible says there are 4 forms of money. They are gold, silver, land and livestock.

[@activity1]

One of the Crypto reason is to Tame real currency

[@iseeum]

@@gold3084 Cite the verse or be forever known as a heretic and a charlatan.

[@Allison_Hart]

it's really sad, because the broader idea of a decentralized currency that could bypass, for example, bank's transaction fees and processing times, in order to very quickly send money back to your family living in a 3rd world country, for example, is awesome. the idea of an entire population going around their corrupt or defunct government by having a viable global currency to use instead IS cool as hell, especially if that currency were actually stable. obviously that is NOT crypto. but even in Satoshi Nakamoto's vision and white paper back from 2007, you can see that - as a broad concept, libertarian in the true sense and not far-right sense - it was supposed to just be a decentralized, "free" P2P monetary system. i wish people would talk about this more because even if the idea itself wouldn't work, talking about the problems and solutions created and solved by such a thing is important.

[@TP-sp5ky]

Maybe bitcoin is on the way towards less volatility in the long run. Lets see what the future brings ;)

[@ml497]

Bitcoin is the only real candidate for ever having a global currency that's neutral to all governments. Where else would such a solution come from? Certainly not a government entity or a corporation, and no individual can be trusted with it either.

[@Pensandoci9]

that IS crypto, just not NFT or web3. People in Ukraine, activists in Russia, LGBT+ organizers in China, etc are all using crypto to move money around because they're locked out from SEPA or other international agreement. Crypto IS useful. All the scams around it aren't, of course.

[@JackupTraining]

It just shows the true nature of people. They call out the big banks and companies, but when they have a chance they do the same.

[@kwisatzhaderach1458]

It wasn't invented by Satoshi. It was a DOD project just like Facebook was LifeLog rebranded. A one world traceable trackable currency that they can blacklist if you don't follow.

[@aseeroha]

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

[@metalcake2288]

What I also hoped it would be.

[@kohinarec6580]

I thought so too. It would've made a semblance of sense.

[@FermentedBigMac]

What buying the top does to a mf

[@neatpolygons8500]

lol

[@maciejzastawny88]

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

[@abisheks5272]

😂😂

[@Blugharm]

the most beautiful comment

[@CheckYourPulseShorts]

lmao

[@SEANGUS-xe9ib]

Can't wait to see the updated version of this video.

[@motimoti92]

Who’s watching this in October 2024?

[@dailygrindism]

buying BTC and only BTC in October 2024.

[@motimoti92]

@@dailygrindism you understood everything 😉

[@blackhawk5934]

​@@dailygrindism ok boomer enjoy your 50% gains

[@ko7772]

Present.

[@Rylonim]

Present. Yeah man, lets see in a few years who's right :D.

[@howardfitness2029]

“THOSE WHO SAVE IN FIAT WE CALL THEM POOR”

[@jackpan4535]

They love the dirty taste of inflation and getting all slobbery on the governments dick since they control the money printer

[@Dondrepad231]

You dont have to save in fiat. There are many assets that protect from inflation 😂 crypto is the most volatile of them

[@BarbiesBoyfriend93]

@@Dondrepad231 You should be able to save your economic energy in money. Thats the whole point of bitcoin. crypto is 99,9% useless scam. Only invest in bitcoin what you dont wanna lose

[@Helmut-pdh]

@@Dondrepad231 Exactly. Fiat currency is designed to be used in the short term and bonds are designed to be used in the medium time frame. You should absolutely save in equity (real estate, private equity or public stocks). fiat currency is not backed by nothing but backed by real investments. Cryptocurrencies are just a greater fools game.

[@Chretze]

@@Dondrepad231 Bitcoin is THE highest performing inflation-proof asset in existence today. Volatility is just a symptom of the insane performance, you can't really have one without the other.

[@808nzaro]

" The trouble with loyalty to a cause...is that the cause will always betray you "

[@sy_dianne5224]

Not to mention loyalty to a person...

[@Ultima64]

I believe part of the reason why crypto initially got the traction it did was because trust in governments has been declining with them going to ever more draconian lengths to control the population, with no realistic way to change the status quo when they do something wrong.

[@dariuspalmer2829]

That was from transformers lol well that's where I heard it

[@daweed_spieschl]

- Lockdown, Transformers 4

[@uniquesensitivesnowflake7366]

Amazing

[@matiassalazarmaldonado1388]

The edition of your videos is insane! 🔥

[@iamklevy]

when these type of storytelling videos is like 10 minutes i really appreciate it but when it's 54 minutes that's wild man you goin crazy i would like to see more of these videos who agrees ?

[@OldDocSilver]

A ten minute video of this mind blowing bombshell information would only contain a teaser snippet of what we’ve been served here. This has all the answers I’ve been looking for. I’ve been saying for years digital currency is nothing but another bankers Ponzi scheme that makes the task of printing fiat paper currency old fashioned. That’s all it is. How can Mickey Mouse be real! He’s not! Crypto is exactly what it sounds like. Was created in the devils crypt. It is dead wrong and belongs in a coffin in a crypt. I find it really interesting that anything fake has a name that is connected to the dark side Crypto - death Santa -Satan (just move the “n”) etc.

[@timkenda8203]

Me. I agree. I love this stuff.

[@sinfulhappiness]

Certainly agree. Something like this I find truly valuable. Opposed to either the quick 5-15 minute opinion piece, or especially opposed to the 360 ten second tiktok/shorts videos that unfortunately do a lot of influential damage. Especially in the crypto universe.

[@dialecticalmonist3405]

It would have been nice if he spoke about crypto rather then centralized fraud.

[@saintmte5076]

Are you guys subbed?

[@BaddogSports]

The best things are always worth waiting for, and ANY James Jani production is worth waiting for! You are amazing, brother!

[@EsiriE]

Anyone else still absolutely confused by all this crypto stuff? LOL You're a great storyteller James, love the suspense !

[@falco830]

I’m a web3 developer, but Senior developers at my company don’t know what it is and are skeptical. It is indeed confusing, but not all evil like this video portrays. At the end of the day DYOR(Do your own research) and develop your own understanding of the industry.

[@rookiej5587]

@@falco830 they are either evil or naive. Majority falls in the latter category.

[@falco830]

@@rookiej5587 maybe naive, but so are small businesses…

[@SpoopySquid]

Imagine if keeping your car on idle 24/7 solved Sudokus you could trade for heroin

[@420Hezzi]

Bitcoin is different from all these other scam coins, don't get them confused.