Gemini Earn Was Even Worse Than We Thought

[@wallstreetmillennial]

Investing, saving, spending, and taxes - handled for you. Explore Domain Money today: dmnmny.co/wsm.

[@CatFish107]

Hahahaha get bent, you schuyster.

[@torchbearer2175]

😂

[@Permanente95]

😂

[@lombardo141]

If it’s too too good to be true ….

[@dennissabrievski4543]

Well, I created a Gemini account and am thinking of creating a business account as well to transfer money to my account. Can I just use it to transfer USDT coins to another wallet?

[@Jeez001]

Let’s not forget Winkle twins claimed Gemini Earn had partners who were fully vetted by Gemini. But we find out it is simply funneling all the money to Genesis. They had no other partner and they didn’t any Due diligence.

[@nathasyapramudita6312]

I don't know why I read it as "Twinkle Twins" at first 😌

[@nr12345]

They stated they had vetted partners which is Genesis. They should never have used the plural form and simply kept it as vetted a "partner" because using the word "partners" made it seem that Gemini had spread out their yield program across multiple external parties. This was either deliberate to make it seem bigger than it is or simply a mistake.

[@williamtimonen6814]

@@nr12345TBH it sounds like the kind of smart fraud where youre never gonna be able to prove it was intentional.

[@rachest]

CHEATIN

[@Avve22]

Moral of the story: "Anyone who is recognized by the media as a genuis, will soon be found out to be a scammer"

[@turnopsverdsen9578]

When the media goes hard in telling you someone is smart, that means they’re a corrupt, no talent scumbag who bribed them with money from scamming customers or exploiting workers. Elon musk, mark zuckeberg, SBF, winklevoss. All the same breed of morally bankrupt narcissists.

[@creepystack1090]

Elon Musk.

[@JB-yb4wn]

@@creepystack1090 BINGO! 😂

[@fakeplaystore7991]

Musk is too entangled with governmental deals to be let be unmasked as a scammer, at least for now.

[@bate01071]

Or rather, they use people to prop up their image by giving select journalists access in return for favorable coverage.

[@remusveritas739]

The next big scam wave will be: influencers and KZbinrs tellung us about old crypto scams while making adverts for the new ones, lol.

[@brinka7918]

for real!!!! it’s crazy he’s pretending he’s not trying to sell us another scam

[@HemiChrysler]

Domain Money appears to be a financial advisor / wealth manager. It doesn't appear to be cryptocentric. I agree with you, however, that it's bad form to advertise it. At a minimum of $79/month, that money would be better spent upon an index fund.

[@keithgoh123]

Genesis: We lend only to institutional borrowers who we trust have solid financials Those institutional borrowers: 3 arraows, alameda, etc... who are also jerking each other off by lending to each other Gemini: We don't know what we're doing but we've done our DD and Genesis is solid What really happened? No one did their DD and everyone was clueless or just straight up greedy

[@JB-yb4wn]

Greed did them all in. Too stupid to Google.

[@user-pc7ef5sb6x]

It seems like the only way to make money is to promote scams. That seems to be the most lucrative business right now.

[@Chris-oz9qx]

It used to be "fake it until you make it" Now it's "fake it it until you get caught and hope you can bribe your way out of it"

[@user-pc7ef5sb6x]

@@Chris-oz9qx I think that this economic environment is so use to creating wealth out of thin air, it becomes a stable environment for scams to flourish. Imagine just trading stocks and making 10x profit without producing anything. The Fed's artificially low interest rates and lack of taxation on the finance sector gave us worthless assets like Crypto in the first place

[@NoxDolore]

@@Chris-oz9qx and then bribe your way out of it till you lose your money. lol.

[@gavinshickle1814]

I will never understand why someone will put their entire life savings into one "investment". And I will never understand how someone is able to convince these people to drop their money into something they probably don't even fully understand. But maybe thats because I'm broke and cynical.

[@cluedin]

Greed

[@redx11x]

Do you understand the theory of evolution? In detail?

[@MrMadvillan]

fellow broke here, it’s so rampant i feel like the odd man out not putting all my money in one of the fast array of low quality tech based scams

[@qarnos]

I will never understand how these idiots think they deserve reimbursement.

[@Foxyfreedom]

People with gambling problems

[@jamesodell3064]

If the twins engaged in fraud the court should pierce the corporate veil and use their personal assets to pay off the people who deposited funds with Gemini. Myself most of my investment funds are with Vanguard, boring but safe.

[@jeffshackleford3152]

Hey, Vanguard has very few claims or scandals. Personally that is a good thing for a place you want to hold long term.

[@jordixboy]

A business is a separate legal entity. They can't ask to use their personal funds, as said its a separate entity

[@jamesodell3064]

@@jordixboy The courts can sometimes go after the owners personal assets when there is fraud. It is tough to do, but it can be done.

[@jeffshackleford3152]

@@jordixboy I think in clear cases of criminal negligence or fraud, we as a country can and should do that.

[@youtubetim3577]

Ya you "think" it's safe till it's not. I have money with vanguard and its never safe when comes to companies or the government.

[@DoctorBiobrain]

It was a scam orgy of scammers scamming scammers while getting scammed by other scammers who were also getting scammed.

[@chiragpatel6771]

Ponzi scheme

[@JamesGarrity]

Now the twins face another big problem they withdrew over $230 million before the crash of their company.

[@snooganslestat2030]

That happens all the time & i cant recall anything actually being done about it.

[@wizzyno1566]

Why is that a problem? It means they have their money...

[@uFFFO]

​@@wizzyno1566 syphoning assets by insiders right before bankruptcy is fraud

[@ProfAzimov]

​@@wizzyno1566 It's incriminating

[@joeshmoe7485]

I just don't understand how crypto is still finding willing suckers...

[@qarnos]

At this point it's hard to have sympathy for the victims. If you put your entire life savings into a high risk investment, at some point you just have to take responsibility for being an idiot.

[@Livity.]

This video is about bad venture capitalists and lenders than it is the validity of crypto. FTX offered an 8% APR account. Gemini Earn offered about the same. Many people figured that keeping money into a simple savings account sounded like a safe investment. Apple and Paypal both offer a savings account, both around 4.3%. Many people already use them instead of a tradition bank, as banks have a low or even negative APR. Hypothetically, Apple or PayPay or whomever, can one day use shaddy investors to boost the APR to a high 8-12% to attract customers. If PayPal offered a 12% APR savings account, that wouldn't be tempting? I'm not accusing that you'll join that, but you could imagine a lot of people would.

[@enemy1134]

@@Livity. I think the point is there should be alarm bells ringing in your head when offered those high of rates. I understand the less financially savvy falling for it but at some point you have to step back, see the tremendous amount of fraud, and recognize that you're playing a risky game. yet people still play, blinded by greed I suppose

[@stevenglowacki8576]

@@Livity. You can get 4+% on a savings account anywhere *now*. You couldn't in 2020 and 2021 though.

[@qarnos]

​@@Livity. Yeah, we've heard this a million times. "It's no crypto's fault their are so many crypto scams! It's the people using it!!!11!1! eleventy" Do you remember why crypto was created? To stop scams like the GFC from happening? The single most positive thing that can be said about crypto is that, once someone has stolen your money, at least you can see how they are spending it.

[@samsonsoturian6013]

How can it be worse? We all knew the company was a total scam

[@samsonsoturian6013]

@@cryptoholica72 I personally hadn't heard of them before fraud allegations surfaced

[@dennissabrievski4543]

Well, I created a Gemini account and am thinking of creating a business account as well to transfer money to my account. Can I just use it to transfer USDT coins to another wallet?

[@anjelica948]

So basically Gemini did the absolute bare minimum to avoid criminal liability, but still screwed people out of their life savings. Nice going.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@JB-yb4wn]

Well if there is ever a revolution in the US, the mob will come for these guys first.

[@maxll85431]

Not only is it fraud to have a 10 year loan as a current asset, it is also a classic Ponzi Scheme because they where paying investors 7% but the 10 year IOU only paid 1%.

[@maxll85431]

so 10 years with a 6% difference in the payout (7%) and income from the 1% loan for $1B is $819,396,734.03 that they would not be able to pay to the investors. so Ponzi scheme

[@dennissabrievski4543]

Well, I created a Gemini account and am thinking of creating a business account as well to transfer money to my account. Can I just use it to transfer USDT coins to another wallet?

[@louisnemzer6801]

The fragility and interconnected nature of these crypto companies made the whole thing as sturdy as a house of cards

[@tomlxyz]

The problem is that all these schemes work on steady (high) return from a market that's notoriously volatile, so one company often just offloads that promise to another until it just ends up in something highly speculative that eventually implodes

[@LIONTAMER3D]

Crypto currency: "why don't you give me your real money in exchange for this fake money, because some day this fake money might increase in value & be worth more than the real money you just paid for it?" Millions of idiots: "ok!"

[@snooganslestat2030]

😂

[@Conorscorner]

Problem is that the "real money" you speak of is also fake and it's value is only based on the people who use it. It's all just bullshit, everything.

[@LIONTAMER3D]

@@Conorscorner no, you're uneducated & shouldn't even consider discussing the underpinnings of currency evaluation

[@adamjonmonroe7188]

If they were actually smart, they'd have paid their customers off immediately after the collapse. Their reputation for honesty would have earned them back the money already. But they're not that smart (or honest), apparently.

[@adamjonmonroe7188]

If SBF goes to jail, maybe they will cough up the money.

[@TearD6]

🎶Double your Fraudsteeers🎶 🎶Double Your Fuuun🎶

[@mikedok1]

What a tragic story. These white collar crimes are sometimes worse than blue collar crimes. I think it’s due to the slow burn after effect, that it has on the victims. When the perpetrators are long gone.

[@user-wj8pi5bj3k]

Please keep the content coming man you're killing it!

[@bc-guy852]

Your channel is consistently providing solid information, entertainment and exposure of many things that need to be promoted. You're doing great work - 'even better than we thought'; (likely why your subscriber count is doing so well!)

[@ndwolfwood09]

Why are the Winklevoss twins and everyone involved not in jail like FTX?

[@crapshot321]

Because investigations and trials take time. This isn't Law and Order where everything is over in an hour. I expect this to take years to unravel.

[@BitcoinBoomer64]

Up to 8.5% interest was too good to be true. My humble suggestion: place ALL your crypto In cold storage wallets and NEVER trust exchanges!

[@mrjohn.whereyoufrom]

I became confused within minutes of this video. No wonder I’m broke.

[@Ryan-wx1bi]

I have been in crypto since 2016.. people thought I was dumb for not stacking my profits into any of these programs that had high returns. Everything in me said it makes no sense how they get these returns, it must be customer funds.

[@heric_]

Exactly! Do these people ever wonder where these returns come from! It's crazy !

[@HenryWang-cs1nx]

I put 5 dollars into Gemini and will never recovered from this mistake

[@snooganslestat2030]

Harsh lesson, i hope you learn from it!

[@MajesticLawnGnome]

I legit had my account frozen no reason I just use a regular VPN like always yeah they apparently don't like you trying to be safe only have 3 bucks on there and their credit card and then see that the AG is after them I hope they go down in flames! screw that company

[@silversurfer8237]

A great video. If one were to extrapolate further, the effects of running the Fed Funds rates at near zero for many years, are still playing out. 2024 will probably be a tough year.

[@tyberostheredwake]

Yeah totally right

[@JonathanSEvans]

Because the safe vehicles, like banks were paying such low intrest rates, many believed that Gemini Earn was a safe and regulated way to "earn" higher interest rates than the Banks could.

[@tyberostheredwake]

The people investing in this wouldn't be considered as sophisticated investors and probably don't understand the idea of counter party risk and most of these earn type investments had the same end lenders and debtors this even If you spread you investment across several you would be exposed to the same underlying risk this info was also made opaque and the marketing materials in some cases downright lied N.b sophisticated investors is a reg term

[@jeremymcauliff8485]

If it seems too good to be true, it probably is.

[@GUYSurvive]

I dont listen to any of your sponsors since they are all proven to be scams. You are too but ur videos seem unbiased for now which is why I watch them.

[@HardstylePete]

Which sponsors?

[@snooganslestat2030]

Using an IOU as an asset is ridiculous.

[@samsonsoturian6013]

"Take your lumps like a Mann, Private Winklevoss!" -SEC, prolly

[@ProfAzimov]

A $1.1B dollar face value promissory note w/ a 1% interest rate, lasting 10 years from DCG, is worth $324M

[@ProfAzimov]

*(1-(Chance of Default)

[@danielgillrup9518]

Luckily I have far from my life savings tied up here, but having stuff “stuck” since Jan 10th is bullshit

[@shadowninja6689]

At this point I don't have much sympathy for victims who fall for such an obvious crypto scam. If someone is offering you 7%+ yields in a near zero interest rate environment just for depositing your money there then it's 100% a scam, and I've been saying this for years before the crypto bankruptcies started. Unrealistically high "risk free" returns on your investment in a short amount of time is a classic sign of a scam.

[@ThatGuy-qg4ww]

Lots of high yield savings accounts offering 5% now, idk how it was back then. They're just stupid.

[@HardstylePete]

​@@ThatGuy-qg4wwthat's his point. It was in excess of 7% higher than the fed rate. We are currently now in a high interest rate environment so it would make sense for banks to offer over 5%.

[@Yeet-yx9tw]

I think it’s safe to say that Wall Street Millennial does not like crypto

[@melvinthedeathless.melvint6727]

Becuz crypto is heavily heavily manipulated. The vast majority of crypto trades are just wash trading. And you have crypto syndicates crafting pseudo-USD tokens and using said tokens (like FDUSD) to pump the market. The market is 99% fraud.

[@pistachiopoptarts]

If you have any funds that you absolutely, positively MUST lose immediately, invest in crypto. Guaranteed results. If that's your goal.

[@Derekzparty]

I've made about $40k mining with nicehash since 2016. The good times may be gone now, but it was fun while it lasted. I remember still using my 780Ti in my actual gaming computer because all the 1060 and 1080 were in the miners!

[@MarlinWilliams-ts5ul]

All these 'billionaires' who produce nothing of value, creating fortunes out of thin air, based upon lies, grifts & scams.

[@BusterDarcy]

I feel for the victims and no doubt some of them couldn’t have possibly known otherwise, but all this investing into thin air and turning it into significant returns stuff is so blatantly unrealistic that the huge risk these investors took must also be factored into the equation.

[@JonathanSEvans]

The Federal Reserve does the same. Printing money from thin air.

[@dienvidbriedis1184]

pity that those two was not in charge of facebook, by now, we would have a wonderful world without a facebook ☀

[@jonluc6865]

6% to 8.5% return was the 👀 opener from the beginning.

[@joshuapatrick682]

Lastly, when it comes to your finances, read the damn T&C’s and disclosures.

[@Raelven]

People tend to overlook that assets = liabilities.

[@Dark3nedDragon]

Wait, are you saying you shouldn't have capital collateralized using assets sharing proportional fluctuations with what they're trading?

[@mrguiltyfool]

Crypto lending is always a scam

[@desertdude540]

Crypto is always a scam.

[@mrguiltyfool]

@@desertdude540 so is usd lol

[@dancyano]

@@desertdude540 Money is a scam.

[@Hankster004]

too simple of a remark

[@qualitycommentszone1263]

Is there a single crypto thing that's not a scam?

[@samsonsoturian6013]

Bitcoin itself was intended as a commodity and Dogecoin was intended as a joke, but everything else is a scam and/or Ponzi scheme

[@desertdude540]

No. Crypto is intrinsically a scam since the whole "blockchain" idea is dependent on storing all transaction data in perpetuity. Imagine the days when credit card transactions involved taking a card impression with carbon paper and blacklisting of lost or stolen cards was achieved through monthly distribution of printed lists of card numbers. Now imagine that cards never expire and can never be removed from the list, so that instead of replacing the previous month's book with the current month's book, every book has to be retained by every merchant forever. This is how the blockchain works, except it's the miners who have to store every transaction for the entire duration of the thousand year cryptoreich. (Note that the original vision for Bitcoin called for every user to be a miner.) This obviously cannot work in anything other than the short term.

[@sbrooks904]

bitcoin

[@kennyadvocat]

Bitcoin is a clear security.

[@jonathanj8303]

No.

[@me-myself-i787]

Remember, investment comes with risk. When you lend out money, there's the risk you won't get it back, and that's what the interest rate compensates you for. When you buy shares in a company, there's the risk the company will start making less money and their stock price will go down as a result. They might even go bankrupt, and then you lose all the money you put in. (Unless the company gets enough money from selling all of its assets to pay all its debts and has some left over for shareholders, and even then you'll lose most of your money.) You're not entitled to compensation just because a known risk came to play out. Your stock broker won't compensate you if a stock you buy falls in value, just like how Gemini won't compensate you if the person you lend to fails to pay you back. Edit: Although, if you buy a certain company because your stock broker lies about its financials, they could be liable. Just like how Gemini could be liable because they said their loans were overcollateralised when they really weren't.

[@funchable212]

Love the direction this channel is going in

[@doresearchstopwhining]

Every video I have seen from this channel has giant holes in the research to make click bait. Interesting subjects that require nuance this channel avoids to be able to make some hot take.

[@mimi21746]

I agree as well, most are just very subjective, there is evidence of glaring and blinding hate on successful people. I think people should do their own research, if you can't then don't blame others and play victim when things go awry @@doresearchstopwhining

[@jayliu645]

this is bit complicated and messed up situation.

[@benjaminlusty91]

Their biggest crime is the music they produced

[@ThirdLife86]

If you put your entire life savings on crypto you definitely deserve to be scammed.

[@snooganslestat2030]

In many cases it was their life savings. 🙄

[@nick_pappagiorgio]

DCG did the crypto equivalent of the suitcase full of IOU notes from Dumb and Dumber.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@fergalbad]

These two twins also own like 1% of all Bitcoins in circulation.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@theaggrokrag]

haven't checked my gemini account in 11 months, is it all gone?

[@Casey-Jones]

You can withdraw it all if you do it by 27 Oct 2023

[@beargrills8008]

If you you signed up for gemini earn it probably is

[@alrajul3ziim]

Well is it gone?

[@theaggrokrag]

@@alrajul3ziim it's not all gone, but my holdings are still all dogshit.

[@KameraShy]

Were these companies ever audited by outside auditors?

[@MrMadvillan]

what it is to sell unregistered securities

[@RussellD11]

It confuses me how people are so ignorant? I mean its FACT that there is MORE debt then there is money to pay it back. So our money system is like a game of musical chairs, And whomever is last holding the debt when the music stops gets screwed... ITS PART OF THE GAME.... Its an unsustainable system, Well it is "IF", you constantly create NEW MONEY and you make bankruptcy legal as its REQUIRED to sustain the system... Blows my mind it has lasted this long man LOL....

[@jameskelly3502]

I became interested in bitcoin/ crypto back in 2011. I quickly realized that it mostly made no sense and expected it to go nowhere. As crypto exploded and more and more people tried to get me to buy in, I held firm in my belief that crypto was basically a dead-end. I'm grateful that people are starting to see what I saw a decade ago. I'm just so shocked it got as big as it did, for as long as it did.

[@Collinsv8]

Agreed. The philosophy of decentralized currently makes sense. And I am of the opinion that we should have that. Can it be done? Most likely not. Therefore, just stick to what you know.

[@glengarbera7367]

Back in 2011 if you invested like a grand, you'd be rich. Had my chance in 2015. My friend said it may double from 200 to 400. Lol

[@MrMadvillan]

ppl forget that money is only part of a transaction. crypto attempts to removes the social contract involve in transacting which makes the money part kinda useless.

[@guylocation9823]

U are so wise )) Teach us bitmaster😂

[@Thea-gj2or]

You sure did miss out on some huge gains.

[@Diavolo]

great video dude!

[@Sean006]

There's a saying: 'Too good to be true'. Sounds like a lot of people are now aware of that! I hope people get some of their money back and the crooks go to jail.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@dollarcostbackpacker1226]

they got me for 75 dollars... think the users bear the most responsibility. after the three arrows and ftx helping short them (rumor started) and ftx had destroyed other cryptos... I eft bare minimum in my earn acct. was sure it was going to collapse but there was a crypto i was willing to risk it with.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@sirnubenegra]

They told millions and never paid us back!

[@idkhistory5850]

I prefer normal brokerages for crypto

[@rightwingsafetysquad9872]

That just means that you have double counter-party risk. Your traditional brokerage is not holding your crypto, they're partnering with an exchange, usually either Binance or Coinbase. FTX was also popular.

[@samsonsoturian6013]

You're still losing money, just not to scammers

[@samsonsoturian6013]

@@rightwingsafetysquad9872 It's thought the biggest crypto wallet is owned by Robinhood for their customers.

[@qarnos]

​@@samsonsoturian6013well, not to scammers who are *technically* doing anything illegal...

[@idkhistory5850]

@@rightwingsafetysquad9872 didn't know that good thing i have less a hundred in that type of asset

[@thegray5730]

For every person enraged by Bernie Madoff, there were 100 inspired by him...Tomax and Xamot are two of them.

[@crapshot321]

A GI Joe reference. Nice! Bonus points because they also acted as the business front for Cobra, ripping people off to pay for the organization.

[@yankees29]

My favorite Cobra characters

[@bytheseaorganics]

Does anyone know when we get our money back from Gemini? The app isnt working

[@ChristoherWGray]

Not your wallet Not your crypto Simple as that

[@uFFFO]

And if you put them beanie babies in an underground bunker, surely nobody is gonna steal them.

[@dibbletons]

Winklefraud twins strike agan!

[@futureproof.health]

Printing counterfeit currencies used to be illegal. Crypto is a ‘loophole’. Trading a near worthless medium of exchange for real dollars was brilliant, actually

[@jeffdavis4151]

I would like to know how much did the twins lose if any?

[@roegoleg]

Anything to do with crypto lending is essentially unregulated banking. While the banks are just as parasitic, there are at least some regulations controlling their behaviour and protecting customer deposits. This was always going to end badly for consumers, the majority that knew this was a doomed casino and the very small minority that have no clue about investing and got sucked into the marketing.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@JoelReid]

Why do people keep putting all their savings in one investment... come on people!!!

[@CheersClubMusic]

for the life of me i cant understand y people would involve there entire life savings in these things

[@diggman]

I lost 3K to the Gemini earn program. 😢

[@Hankster004]

havent lost it yet ....

[@MrHiBeta]

So much for due diligence.

[@enemy1134]

when i watched the social network i was feeling kinda bad for the twins... now i see they are scummy and I feel if someone is gonna get robbed, might as well be from garbage people

[@vinyllpreviews9462]

I don't know how you steal an idea that's already out there. Myspace and friendster were already a thing. My guess was these guys idea was sh!t. When Mark seen it, he realized it, but knew how to fix it. Why put all this work into fixing someone else's idea when you can just start your own. If the twins idea was good, it still would of worked. Tik Tok, Snap Chat, and Instagram all have done well after Facebook came out.

[@lisalove6327]

Oh its all coming full circle

[@MorrisFilmPhoto]

Thanks a Billion 4 a Necessary Clear Financial Fraudistor Video! ... Super Sad to hear about the individuals' private $aging losses!

[@Hankster004]

thanks for caring

[@seankhrazmi2712]

these CEOs need street justice.......Alex Mashinsky, Sam Bankmanfried, Barry Silbert..what do all three men have in common..

[@juliogarcia9738]

jewish

[@jcmttech]

money, money, money, easy but"never trust easy businesses that you don't understand"

[@jixxey]

It never ceases to amaze me how financially illiterate some people are. First rule of investing is to never invest any money you cannot afford to lose. Yet so many people pour all their savings into some obviously scammy shit. I cannot bring myself to feel sorry for them.

[@danb5595]

Another reason not to touch fantasy coins/tokens

[@tomlxyz]

1 bullion by 200k people, averages at 5000 USD

[@techsuvara]

This is what happens when you put money in an asset that does nothing and has no actual value other than perceived value. It’s like the hype of selling a tulip bulb at the same price as a home. It’s just not that valuable. It’s also why diamonds are in fact worthless, because they are only valued due to perceived scarcity.

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@omegadirective]

Love watching crypto imploding

[@raddastronaut]

They are not innocent. I did have like 200 dollars in there but since I couldn’t trust these a holes with the earn, that’s all I kept in there. And I wouldn’t have lost it if they would have answered my request to change emu number for a phone I lost. No customer support whatsoever ever. They set it up like that on purpose. Complete scam artists.

[@RockLee855]

Were you really "Blown Away" though by Domain Money?????

[@Mrrossj01]

Didn’t Silk Road run on crypto? Big clue.

[@Abc-ii1he]

If these guys weren't so weird and greedy, they'd be OP. Extremely smart, athletic, and there's fucking two of the same person.

[@Mrrossj01]

The loans were collateralized with Alameda and Three Arrows crap.

[@Mrrossj01]

Scammers scamming scammers. What a scam. 17% Return. Fools rush where wisemen never go.

[@davidbrooks1724]

I think your describing the us government 😊

[@drscopeify]

Well Governments are backed by their economy and population who go out to work every days and you know the rest.

[@davidbrooks1724]

@@drscopeify guess you have not seen the National deficit. It’s called bankrupt. Last time any company spent like they do they would be bankrupt

[@coomcake]

Should've read those terms carefully when earn came out... they offered no insurance or guarantee, and crypto lenders didn't have any good reputation to begin with at that point, so when it says your earn assets will be in custody with (someone else), inc. who you know does business as a lender you already can assume they have an above normal bankruptcy risk as would any highly leveraged co. This is why we try to tell people for years: not your keys, not your coins; retaining control of those keys is paramount. Wise guys stayed away from this

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@user-ww8nz5oo2l]

I just voted no. Go to account. Earn voting materials. Go through the agreement pages, select reject, sign your name and email. Do it before January 10th.

[@Hankster004]

why vote no to receive your money back

[@user-ww8nz5oo2l]

@@Hankster004 it's complicated

[@davidbridge5652]

They will be ok as they are rich and probably well connected

[@dougsheldon5560]

The technical term is"smoke and mirrors"

[@kondor99999]

Anyone dumb enough to hand over their life savings to a crypto gambling program was doomed anyway. “A fool and their money are soon parted”.

[@joshuapatrick682]

Never give your bitcoins to people who are going to “lend them” in an unregulated market either.

[@migueldejesus458]

I want my money now! If not, the Winklevoss Twins should end-up in jail for the rest of their lives!

[@EnduranceDikko]

I wish I Could Shout And Send Out Your Name To Everyone , But The Best I Can Do Is To keep On Refering You , Thanks *prycecodez* For Getting Back My Earn .

[@vernefits1953]

Twins Bogdanoff : dump it

[@name-oc2df]

“over contributing to your ira” is such a ridiculous example