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@haileydee9954 Жыл бұрын
where can I learn about macrodosing?
@Praisethesunson Жыл бұрын
@@haileydee9954Your local drug dealer
@Phynellius Жыл бұрын
your local dealer?@@haileydee9954
@lady_draguliana784 Жыл бұрын
@@haileydee9954 www.youtube.com/@snoopdogg
@aracus Жыл бұрын
Speaking of scams...
@ShionWinkler Жыл бұрын
What makes a scam dangerous, is the same reason they work. Some people actually make money, and that helps convince others to believe it's real.
@Praisethesunson Жыл бұрын
The only winner in the digital casino is the casino owner.
@daniel25083 Жыл бұрын
This is a great point
@TrollOfReason Жыл бұрын
"Some people" in this case mostly being the unapproachable-y wealthy. Regular people, unless they were early or lucky, got crumbs if they got anything at all.
@annamelvina216 Жыл бұрын
Oh dang... It's the masculine version of MLM's... 🤯
@doperagu8471 Жыл бұрын
@@annamelvina216😂 so true!
@AmyDentata Жыл бұрын
It turns out, having money is not a skill and is not a sign of intelligence.
@richardarriaga6271 Жыл бұрын
Elon Musk would be very angry if he could read
@frevazz3364 Жыл бұрын
Very true. Lots of people assume that a person is wealthy so they know what they are doing, let's listen to them etc. So far from reality.
@burchified Жыл бұрын
It is, however, a sign of being greedy and having no life.
@makaisenki5 ай бұрын
Swing trading is. It's why almost everyone that does swing trading losses money. Every time I swing trade for a few months I can quadruple my money. Cause most people are stupid. It's all risk management. That's it. If it crashes for hours or days every week and recovers every few days after the crash that's easy money, especially if you can stop a loss with a stop loss or... I make a 50% ROI when the market is sideways and everything is dead all the time. Usually that money goes to surviving though so it's not really get rich quick for me it's like use the money to buy a year's worth of propane or do a car repair.
@rainrainlsn5 ай бұрын
@@richardarriaga6271😂
@oneiropompos Жыл бұрын
Dan Olsen's Line Goes Up is a very similarly named KZbin documentary about crypto and NFTs. He summarized it as an attempt by the 10% to become the 1%. Dan was one of Adam's previous guests about Meta and virtual worlds.
@dresdenvisage Жыл бұрын
I thought that sounded familiar
@AvionBlackstone Жыл бұрын
Here to agree with this. He was actually the first person able to give me anything like a coherent explanation of what crypto is and how it actually works. Everyone else I had talked to in the space just basically said "line goes up". One time literally.😂
@moxiebombshell Жыл бұрын
His newest video is really good too (and about as long as "Line Goes Up")
@BrentODell Жыл бұрын
Indeed. This guy seems cool, and all, but I don't feel like I learned anything I didn't already know from watching Dan's video, and despite its length I actually found it more engaging.
@moxiebombshell Жыл бұрын
@@BrentODell right? Fully agree. Meanwhile, this is guy literally bought an ape. 😏
@DanGolag Жыл бұрын
His own mom trolling him with a copy of his ape is one of the funniest things I've ever heard. I definitely need to buy his book.
@deerkaiser9983 Жыл бұрын
I finished reading it a few days ago and can't recommend it enough
@Suho1004 Жыл бұрын
I have a friend who was really into crypto a while back, and he tried to get me into it as well. I'm normally a very skeptical and cautious person, but ultimately what made me decide not to dive into crypto were the moral concerns. Money doesn't just come from nowhere. Yes, I know that governments print new money, but what I mean is that if I make a hundred thousand dollars or whatever off crypto, that money is coming from somewhere--from someone. So even if it did work and I did get rich (and I wasn't convinced that was going to happen anyway), I would be possibly ruining other people's lives in the process. I mean, it's the same reason I don't run scams. I can't tell you that I know why I was put on this planet, but I'd like to think it was not so that I could ruin other people's lives.
@tiararoxeanne1318 Жыл бұрын
That's very noble of you. And I mean it. Because if I got access early enough, I might be tempted to join.
@kennethferland5579 Жыл бұрын
Same for me, I've got the morals to not profit from a pyrimid scheme even if I have the oportunity. I learned about this crypto nonsense back when BTC was under $1k and immediatly started trying to tell folks that this thing was a disaster.
@jo-flowbmoonsmell8564 Жыл бұрын
Good for you. I mined some doge myself early on, got about 1700 even with my bad video card. Later when it went to nearly a dollar I decided I would sell it, but while the transaction history was downloading I realized the same thing. If someone bought my doge for 1700 it would be ripping them off. I knew it wasn't worth that and would inevitably come crashing down due to its inherent deflationary nature. It would be like selling a fake concert ticket or any other kind of fraud or scam. I remembered I originally mined it to give away to people for making funny posts not to take advantage of people who don't know better.
@juanvaldez7279 Жыл бұрын
@jo-flowbmoonsmell8564 haha you actually know how Doge works I tried explaining it to some friends but they never grasped it.
@joshuaa.5523 Жыл бұрын
A bitcoin is still worth 28,000 dollars today... Whose money would you have stolen? It sounds like you just lost thousands of dollars.@@kennethferland5579
@byst33 Жыл бұрын
You need to have Coffeezilla on the show. He's doing great work exposing scammers in the crypto space, and even got SBF to admit to fraud.
@mynameislunkk_8612 Жыл бұрын
literally i thought "zeke fox" was about to be coffee lmao glad to be wrong ^^ p.s. after writing zeke cracks some jokes that absolutely send me into the throws of death from laughter
@zillbot Жыл бұрын
The thing is, Coffeezilla is not anti-crypto he is just anti scammer. Adam is bias against all crypto and wanted a guest with the same bias to reaffirm himself.
@DI_IDER Жыл бұрын
Paul Krugman internet quote 1998 That’s these 2 in the video NGMI 🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️
@FutureXGeneration Жыл бұрын
I'm sure coffee has great points and even great arguments, but cutting people off mid sentence and screaming "NO YOU SAID AAAA SEEE I GOTCHA" over even small miniscule contradictions is exhausting, chaotic, and childish. His vids would be much more effective and he'd be much more tolerable if instead of screaming over people, he let them talk, was calm about it, then cut to videos of his analysis, of even videos of them contradicting themselves, and then providing commentary on it. I tried to watch coffee and he's just obnoxious. But I can see how it appeals to the type of person who white-knuckle clutches their keyboard at the end of an overwatch match and screams "YOU'RE FUCKING TRASH l
@inefffable Жыл бұрын
@@DI_IDERreddit ruined ya
@blupunk01 Жыл бұрын
"You buy the ape, it's supposed to go live in the fox head," has to be the best quote in this interview.
@lauraw.7008 Жыл бұрын
@blupunk01 - I have to wholeheartedly agree!
@allisons7995 Жыл бұрын
This entire interview felt like your bestie detailing all the crazy things your mutual messy friend did on a night out 💀
@madclancrew Жыл бұрын
Zeke: "I don't think we'll see anything like this again." Humanity: "Hold my beer"
@TacticusPrime Жыл бұрын
Well, *tulips* have yet to generate a ridiculous bubble again. The next bubble will be something else, not crypto.
@pendaren123 Жыл бұрын
"76 trombones lead the big parade..." to "monorail!" To "dude, have you a second to hear about our lord and savior, crypto?"
@clavius5734 Жыл бұрын
Yeah, this isn't the first time crypto 'died'. At this point a bitcoin is still 30 grand.
@darrens3 Жыл бұрын
@@clavius5734 You just need enough suckers to keep it buoyant. Crypto behaves exactly like a shared bank account that anyone can take their money out of and you're left holding the can. Its only worth anything so long as more than 2 people have all their money in it praying the other one doesn't take the money out first, whilst eyeing the door themselves. As all your profit comes from taking out other people's money before they can, its literally a shared anonymous bank account in everything but name.
@ualdayan Жыл бұрын
Ironically when you start to see stuff like 'Crypto's dead, it's never going to happen again' is historically when it seems to reset and happen again. The moment everybody's sure it's only going up - it crashes. The moment everybody's sure it's NOT going up again - it takes off again.
@velocirapture89 Жыл бұрын
This is so true. I'm a software developer and I was having a conversation with one of my co-workers who happens to be a "bitcoin maximalist." Now, I like the guy a lot, he's great to work with, but it was a very interesting convo. He was explaining how Bitcoin would someday be worth over $1M per coin, that it would end all wars and usher in an era of peace, prosperity and altruism. That was when it hit me, that, for him, Bitcoin is a religion. Interestingly enough, he was extremely dismissive of all other cryptocurrencies. I'm no expert, but I what I understand is that other cryptocurrencies came into existence in order to address, in part, the deficiencies of Bitcoin. With a high transaction fee and glacially slow processing speeds, I cannot imagine Bitcoin being a legitimate international currency.
@danOH112 Жыл бұрын
Almost all bitcoiners are extremely dismissive of other crypto coins and don’t consider bitcoin to be in any way related to crypto in general. Other cryptos didn’t come along to address deficiencies in bitcoin. They exist as affinity scams where they convince unsuspecting victims that a bitcoin deficiency exists and that they have the solution. Things like processing speeds and tranaction fees are pretty much all ready solved with second layer technologies (which do not require any new crypto coins) like lightning which settle for almost nothing and in seconds.
@kennethferland5579 Жыл бұрын
For the most part thouse alternatives do nothing to address the technical defficiences, they just exist to let new people get in on the ground floor of new pyrimid schemse. Mostly they are just direct clones of the implemetation with trivial changes like the coin numbers. What's ironic is that BTC fanatics will clearly see this about the alt-coins, but can't see that the original Bitcoin is just the biggest, longest running pryimid scheme with exactly the same underlying valuation.
@joedipierno Жыл бұрын
17:04 If your co-workers bought bitcoin in 2013 when it was roughly ~$120 for most of the year, and you made the opposite bet and put it in the bank at 1% APY, you most certainly did not make more money than them by keeping it in the bank with Bitcoin now at $28,000 😂😂😂 I’m pretty sure they won that bet if they bought it anytime before 2021.
@danOH112 Жыл бұрын
@@joedipierno exactly! it’s crazy how many times I’ve heard similar stories on the internet. They must all think the btc price is actually at zero
@bogatyr2473 Жыл бұрын
@@danOH112Well most bitcoiners are just wrong. Bitcoin is the very definition of a cryptocurrency. They just like to pretend that being the first ponzi scheme makes them somehow legitimate. And yes, Bitcoin has a lot of glaring deficiencies if you understand even basic economics and how money works. Most of the major coins do try and fix some of Bitcoins problems they just usually suck at it for the same reason Bitcoin is awful, turns out computer programing and economics are totally unrelated fields. If Bitcoin didn’t have problems you wouldn’t need level 2’s and they don’t solve the problem, like most alt coins they just kick the can down the road. Lightning for instance cannot remotely handle the volume of transactions needed to keep even a moderately sized city functioning. L2’s also add a host of new security vulnerabilities and increased centralization to what’s supposed to be a secure and decentralized currency. There’s also basically nothing that fixes Bitcoin’s biggest underlying problem as a currency, it’s deflationary by design and for a currency that’s terminal.
@julizulu89 Жыл бұрын
I worked for a company that jumped on the crypto/web3 bandwagon because VCs were investing and the industry was filled with lunatics and scammers. Everyone was crazy and a lot of people just pretended it was normal
@TheBrainDunne Жыл бұрын
Why you join the company? And why and when did you leave?
@zapyoug Жыл бұрын
I can personally confirm that Adam’s shows in person are a great time, especially seeing that he comes to small venues is a really nice experience.
@kmb735 Жыл бұрын
Is he as dumb in person, I’m laughing my a** off watching how dunning-Kruger he is. His $5000 in 2013 would be worth over $175,000…whoops
@monkeyking9863 Жыл бұрын
It was very enjoyable, but I don't think anyone enjoyed that conversation more than you Adam
@BrennanYoungАй бұрын
Pat Doyle's interview with Zeke was much more entertaining
@BlazeMakesGames Жыл бұрын
Yeah the funniest thing about Crypto was all the comments talking about how "Don't worry we just need to come up with a real usecase for it and we'll be golden" but you had literally thousands of people with literally the biggest incentive possible to try and come up with that usecase, and after years and years of brainstorming, not a single person was able to come up with something that you could uniquely only do with Blockchain tech that actually solved or improved upon any real problems in the real world beyond scamming people.
@madmax43v3r7 ай бұрын
There is a real use case, but everyone is too busy running scams and ponzi schemes trying to get rich. The point of crypto is to be like the 2nd amendment for money, ie. you can be in charge of your own money, not the gov. If you trust the gov and see no need to own arms, there is also no need for crypto to you.
@P4INKiller5 ай бұрын
Are you actually suggesting there's no use case for a trustless decentralized network?
@joshuabaker6452Күн бұрын
@@P4INKiller The issue here is that you don't need to find ANY use, you have to find a use that is revolutionary to a point where tons of people need or want to be involved in crypto. If some private business finds a niche use case for blockchain technology they certainly wont use Bitcoin, Eth, or some shit coin to do it. That niche use case will do nothing to make any of the existing chains useful to the world. Given the decade of attempts at making blockchain useful, and the complete and total lack of success, I am doubtful there are any of the niche use cases either but if someone does find one the good for them.
@francoisviljoen4002 Жыл бұрын
"The board ape is supposed to go live in the fox head" is one of the best lines ever.
@EricBishard Жыл бұрын
I work for MetaMask and even I loved this.
@raydgreenwald7788 Жыл бұрын
My grandma always told me “never invest in something if you can’t explain what it does.”
@oneleggeddog Жыл бұрын
Was she rich?
@raydgreenwald7788 Жыл бұрын
@@oneleggeddog she became rich, from investing.
@vapsa56 Жыл бұрын
Bingo. If you don't understand it. And the explanations are painful to hear. Don't invest. The funny thing is that I invested in a company called waste management of america. It has made me very comfortable. The wealth grew slowly. But at least it was real. People throw out trast. It needs to be processed and managed. It was easy to see its growth potential. Government was outsourcing the trast pickup. Easy pick. Bitcoin, not so much.
@Redactedlllllllllllll Жыл бұрын
@@oneleggeddogdamn, how empty are you inside?
@oneleggeddog Жыл бұрын
@@Redactedlllllllllllll just slightly less than you.
@jacobh9241 Жыл бұрын
Axie Infinity also had mini-feudal lords who operated "businesses" where they compelled large groups of impoverished people to play the game with loaned game tokens, in exchange for subsistence wages, while the "CEO" siphoned off all the revenue.
@diestormlie Жыл бұрын
Ah yes. "Scholarships".
@havcola6983 Жыл бұрын
That's literally just the true face of a unchecked capitalism, though. Being a feudal lord in most cases actually came with more limitations and responsibilities!
@diestormlie Жыл бұрын
@@havcola6983 That's the thing though. Capitalists want to be unchecked, tyrannical Aristocrats. Feudalism -constrained- them, at least to a nominal degree.
@staven551 Жыл бұрын
Eve Online has a somewhat similar setup, depending on the Corp you join in null.
@bogatyr2473 Жыл бұрын
@@diestormlieat least feudal lorda had some obligation to their serfs. Capitalists love capitalism because they get all the power but don't owe their workers anything.
@cg2642 Жыл бұрын
Reminds me of the 90s when actual grown human beings were going crazy for beanie babies. The prices people were buying them for were unfathomably out of control. But, unlike crypto, at least they got a physical product out of it.
@k.w.2275 Жыл бұрын
That famous pic of the couple separating their collection on the divorce court floor
@Backinblackbunny009 Жыл бұрын
They were popular bc of how old comics and star wars figurines blew up in value in the 80s and beyond
@durk5331 Жыл бұрын
Everything has value till it doesn't.... Even the US Dollar if people stopped believing in its value, would be worthless. Remember that the first crypto currency Bitcoin started as a way to conduct transactions without the intervention of a central bank or financial institution, it was meant to be an actual form of Currency >.>
@suicune2001 Жыл бұрын
I think I still have some of the McDonald's beanie babies somewhere. XD
@freebobafett Жыл бұрын
There are still beanie babies that fetch a big price on the open market, just like there are comic books that fetch big money, or video games. Most of them are worthless, but any time a fad happens, the truly rare examples of those fads remain valuable.
@CrypticCobra Жыл бұрын
There is a fancy cryto exchange ATM in my local gas station. I talked to the clerk one day and they told me it has never been used by anyone. What a wonderful business model.
@frevazz3364 Жыл бұрын
It's still plugged in?
@CrypticCobra Жыл бұрын
@@frevazz3364 yes
@Steve-fh3si Жыл бұрын
Those things charge 10-20% over the actual price of whatever you're buying.
@madmax43v3r7 ай бұрын
Because these ATMs are not ATMs, they only allow you to buy BTC, not to get cash, ie. the opposite of an ATM.
@TulipIris7244 Жыл бұрын
On the bright side, maybe this will put an end to all those incredibly energy-sucking bit coin mines
@Ryu_Himora Жыл бұрын
Seeing Adam laugh so heartily after getting the win with the WGA is so wholesome. It looks like healing in real time.
@bigdaddypapsmear Жыл бұрын
Love it. We all need to support all unions and take our Country back
@rasputozen Жыл бұрын
What we don't think about with that friend who put a bunch of money in DOGE and made $20K is that the same mindset that impelled him to invest in DOGE also lost him $20K or more in a million other longshot investments they made before that.
@Praisethesunson Жыл бұрын
There is a reason the lottery really likes to tell you when someone wins.
@Botkilla2K12 Жыл бұрын
@@Praisethesunson Or the Las Vegas casinos. You see the guys who win 200 grand in casinos all the time. You never hear what it took them to get there.
@dantheman2907 Жыл бұрын
Yeah, this reminds me of a friend who only ever counted his wins. He'd spend his entire paycheck on poker machines and brag about how he won half of his money back while asking me for beer money because he couldn't afford it and couldn't understand how I only saw it as him losing money.
@freebobafett Жыл бұрын
@@dantheman2907addicts don't think they're addicted, until they do.
@joshuamooney4509 Жыл бұрын
And after that also. Most people I know who get that lucky get addicted to chasing that high. They really start losing money after they get lucky once and then feel they can replicate that luck a second time
@aprilmendenhall6705 Жыл бұрын
It was so fun to screenshot obvious NFT profile pictures, repost them in the comments, and watch the crypto bros have meltdowns
@Praisethesunson Жыл бұрын
That's basically how I spent my time during the covid closures.
@3Xero3 Жыл бұрын
A lot of my coworkers got caught up in the hype of Dogecoin after the Elon tweets (ie too late) and they tried to get me on board. I barely glanced at it and thought it looked like a pump-and-dump scheme so i stayed away. Pretty sure every one of them lost a significant amount. One guy basically sunk his entire savings. It was kinda sad, like watching the crash in action and shouting for them to get out of the way but they were all deaf to my words.
@AGHathaway Жыл бұрын
Maybe if your idiot friends actually knew how to sell then they wouldn't have gotten scammed. Good for you to not fomo in when it was too late. But it will and it's happening again, so if you don't want to make money have fun being poor.
@treehugger3615 Жыл бұрын
I bet they all said they made money out of it to save face. Which would mean they scammed someone else's money. So either you become a scammer o the scammed.
@RoolSkoolАй бұрын
Well if they're still holding they will be getting the last laugh
@coling1258 Жыл бұрын
"I don't think we'll ever see anything like it ever again." -Said with a lot of confidence given that the Dutch tulip craze also happened, lol. People are prone to bouts of stupidity. This will not be the last time this happens.
@McDun07 Жыл бұрын
Perhaps. But we didn’t actually *see* the Dutch tulip craze. Something like this may happen again but this felt like a once in a couple of centuries kinda stupid.
@frevazz3364 Жыл бұрын
Atleast the tulips were real. Something like this will happen again. Too many desperate people out there looking to make it rich quickly.
@RoolSkool10 ай бұрын
@@frevazz3364so I guess blackrock is desperate?
@RoolSkoolАй бұрын
🫠 President-elect Trump team to consider creating first ever White House crypto role.
@1UncleJesseАй бұрын
@@coling1258 I don’t remember the government suggesting starting up a strategic tulip reserve… might be time to take it def the blindfold and pay attention
@wakeangel2001 Жыл бұрын
I work at a store in Times Square, there were SO many banner ads for NFTs last year it was hilarious. I remember thinking how fascinating it was to watch a financial bubble pop from the inside like that.
@KaleRylan Жыл бұрын
It's always funny because I don't know of a single bubble that wasn't called ahead of time. I was a college kid working at a barnes & noble a few years before the housing bubble burst and I remember sitting at the cash register reading these doom and gloom scholarly works about how there was a housing bubble and it was likely to burst in the next couple of years. No one pays attention even though it happens almost every time.
@jamesbyrd3740 Жыл бұрын
@@KaleRylan there's always someone saying it though.... some of them have to be right
@KaleRylan Жыл бұрын
@@jamesbyrd3740 you're not wrong
@MultiMegify Жыл бұрын
Zeke's conspiracy board in the back is a hilarious touch. Great interview!
@zekefaux2908 Жыл бұрын
Thank you!! I was hoping someone would notice
@themidknighthour Жыл бұрын
@@zekefaux2908That background was on point. 👏 👏 👏
@kmb735 Жыл бұрын
Is he as dumb in person, I’m laughing my a** off watching how dunning-Kruger he is (and you are it seems from your these). His $5000 in 2013 would be worth over $175,000 now…whoops
@Chris-xl6pd10 ай бұрын
@@zekefaux2908 Hey Zeke how is that "crypto is dead" narrative feeling right now? you didnt bet against the biggest asset managers in the world and expect to win. Oh you.
@Chris-xl6pd10 ай бұрын
@@zekefaux2908 Hows this thesis working for you today? Looks like crypto is back lol.
@nobodyspecial2053 Жыл бұрын
Fun fact- alot of the crypto bros have moved on to "ai".
@gooditemsdominealt Жыл бұрын
They make AI crypto coins too, and I'm not even entirely anti-crypto(Specifically because I like filecoin and understand why it should have value, to me it's just because it is cheaper to use than google drive.)
@jonathanelliott1338 Жыл бұрын
Because it's low effort, low iq, get rich quick bullshit for guys who think andrew tate is a role model.
@asyncasync Жыл бұрын
AI hate is a good way to diagnose mental issues. If you hate AI, see a doc.
@OrangeHand Жыл бұрын
@@asyncasync How does AI hate equate to mental issues? You're not connecting one with the other.
@asyncasync Жыл бұрын
@@OrangeHand when something is obviously revolutionary and you deny it then you are probably not in possession of all your faculties or are an obsessive attention seeker. I get it if you dislike certain aspects, but to call the entire thing hype is quite surreal and yet many are doing it.
@foxstele Жыл бұрын
My takeaway from this segment is that we are all living in the dumbest idiocracy timeline.
@michaellane5381 Жыл бұрын
Don't believe it can't be worse, in some timelines, Trump was either re-elected or is still president, no-one figured out crypto was a lie, and like 100 people are set to live on Island nations while the seas will drown them and all economies will collapse into an anarchistic dark age where everyone is ready to burn the islands left... In a slightly better timeline than that socialists manage to convince people that obviously the money never mattered and they might hard-left into something better, but still, there's probably other bad ones somewhere between but still worse off than ours.
@somedudeok1451 Жыл бұрын
Exactly. I mean, I didn't expect much from these wallstreet types, but I did expect more from them than just the same behaviour that anybody who doesn't know anything about finance would also engage in. It's scary to think that our economy is being controlled by these smoothebrains who just go with whatever stupid trend comes up next. Meanwhile there are important projects that we need to fund to secure the future survival of humanity.
@KaleRylan Жыл бұрын
@@somedudeok1451 those projects are expensive and have limited short-term returns though. I can't buy a beach house with my grandchildrens' survival, so tell me why it should matter to me.
@sampagano205 Жыл бұрын
I feel like we can maybe stop bringing up the eugenics movie every time people do something stupid, especially when it's obvious that the issue isn't bad breeding but just capitalism being capitalism.
@Macwylee Жыл бұрын
I disagree. The price of bitcoin during the next bull run is going to bebonkers!
@D10010101 Жыл бұрын
Definitely a bottom signal.
@brandongers Жыл бұрын
Who would’ve thought that a “currency” who’s any real value was completed based on actual currency would be a scam?
@Praisethesunson Жыл бұрын
I am shocked. Shocked I tell you!
@WouldbeSage Жыл бұрын
"Whoever invented gambling was smart, whoever invented chips was a genius."
@kellywalker1664 Жыл бұрын
Many found out the key difference between currencies and investments that way.
@supersleepygrumpybear Жыл бұрын
It's almost as if we don't even know what a "real currency" actually is? Most money is just debt you place in your assets; with pretty pictures of our "best" leaders.
@joshuaporterfield6774 Жыл бұрын
A correct that couldn’t decide if it was a currency or an investment.
@The_Steele1 Жыл бұрын
So much laughter in this episode. And so many great stories.
@kozmaz87 Жыл бұрын
The most mind-bending aspect of stablecoins to me was: So they say they want to be free of government controlled inflation and then they tie the value of their tokens to that government controlled currency... it was like coming full circle, except your crypto money does not buy you anything useful.
@inefffable Жыл бұрын
Iit was really just a way to lock in current value of your volatile coin and avoid paying taxes.
@supersleepygrumpybear Жыл бұрын
@@inefffable Exactly! Most people parked it into liquidity pools to collect interest... It's how so many got burned by Terra and LUNA. Also as Bitcoin/Ethereum/SheetyCoins went down, stable coins stayed the same. It acts as a type of short. It's the ironic reason I enjoy studying cryptocurrencies: it taught me exactly why capitalism is so very, very stupid
@sampagano205 Жыл бұрын
Stable coins actually made sense to me with the primary use value of crypto, which is buying and selling drugs on the internet. Having an easier route of transferring back into dollars makes sense there. It's just obviously long term unworkable because a bank whose main value is money laundering is not going to be popular with regulators.
@jamesbyrd3740 Жыл бұрын
@@inefffable they didn't pay taxes
@neroarchangel Жыл бұрын
Tell that to all the people who bought Lambo's with couple of virtual coins. "Does not buy you anything useful" talk about being ignorant, people bought houses, cars, became multimilionaires over the course of couple of months. And without 0 actual physical labor. People who rage about crypto are the ones who got late to the party, then tried to get rich too, then failed because bigger whales got in on it, and decided to crash the party.
@DanHawkins1 Жыл бұрын
I heard the exact same thing about crypto in 2011, 2015, 2017. People have very short memories, especially if they think they can make quick money without any work
@montew7385 Жыл бұрын
$100 in Bitcoin in 2011 would be worth $1.3 million today...
@lyngs Жыл бұрын
This is a huge buy signal.
@michaeltonus3888 Жыл бұрын
To paraphrase Dan Olson, (because I can't remember the quote and video is too long for me to find it) "As much as they insist they love the feeling of holding this burning hot potato, do they really? Or are they just hoping you'll take it from them?"
@lauraw.7008 Жыл бұрын
'take' meaning 'give' them money so you are left holding the bag when hits the fan.
@MMuraseofSandvich Жыл бұрын
My boss asked me once, "Hey, what do you think of this NFT thing this Japanese mogul is doing?" I replied, "I would stay the hell away from it unless it has an actual business plan, sir."
@PrograError Жыл бұрын
I wished someone told me that so that I could have asked that question during my interview for my out of school internship which imploded once my nation's borders reopens (they also screwed with an actual intern from a school)
@JohnHall Жыл бұрын
I had to deal w/ a crypto-bro at the HIMSS conference like 6 months ago. It felt like some kind of alternate reality conversation.
@Praisethesunson Жыл бұрын
Crypto bros are a unique breed of cringe.
@tiararoxeanne1318 Жыл бұрын
Don't get me wrong. As a woman, I've had my share of dealing with MLM huns. A lot of MLM companies are notorious for targeting women. It's annoying for us, as if they think we are dumber than men. Somehow it's rather liberating that similar problem is also happen in men's world😂.
@JohnHall Жыл бұрын
@@tiararoxeanne1318Yep. There's a HUGE focus on MLM within women inside religious communities (or any spiritual/social community) to try and turn acquaintances into customers. And as women tend to be in these social circles more than men, it trends heavily there. But it isn't because we're "smarter". We just aren't sitting w/ a ready-made social circle waiting to be co-opted.
@joshuaporterfield6774 Жыл бұрын
But but but he owns the float!
@MikeyDavis5 ай бұрын
And the price has never been lower than it was when this video was released. Way to go. You’re speaking on the best performing asset in human history, that has proven to be what it claimed to be with more integrity than anything else on this planet.
@leepreece813 Жыл бұрын
The market crashed over the past 24 hrs and is still up compared to the release of this vid
@tracyh5751 Жыл бұрын
congrats on the WGA win, Adam 😊
@AvionBlackstone Жыл бұрын
I'm actually one of the people who made a fair bit of money with Dogecoin. Well, to me it was a fair bit of money. A little less than $7000 after taxes. But I also put in less than 10 to begin with so that was a really good return. But I also know that I bought it literally as a joke because one of my friends wouldn't shut up about it and I thought it was ridiculous and sounded like a scam. to me it was the equivalent of buying a lottery ticket. I am so glad that I did not fall farther down that hole. I have another friend who made quite a bit more with those coins and then immediately poured it into a variety of other coins and lost almost all of it. Thank God mine went to Good old fashion bills. Lol
@wordforger Жыл бұрын
Especially since it was literally designed to be inflationary, just appearing from nowhere. Bitcoin and the like sold themselves on being deflationary, with there only being the same amount at all times.
@DanaTheInsane Жыл бұрын
A friend of mine did that woke up one day to find he suddenly had $6000 in Dogecoin some company online actually sold him a top end gaming laptop and he bought it with Dogecoin! so he cashed out smiling.
@MrHarumakiSensei Жыл бұрын
Oh come on. You can't possibly tell me you didn't wish you'd put in 100 bucks instead of 10.
@justaguy2182 Жыл бұрын
Ah yes, because 4 million dollars on a JPEG of a monkey is a brilliant investment. -Some millionaire in 2020/2021
@wordforger Жыл бұрын
Fastest way to become a millionaire: Be a multi-millionaire who 'invested' in NFTs.
@danielmennel4565 Жыл бұрын
@@wordforger the easiest way to make a small fortune is to start with a large fortune
@Shaddowkhan Жыл бұрын
There needs to be a distinction between crypto in general and bitcoin.
@bogatyr2473 Жыл бұрын
No, there doesn't. Being the first ponzi scheme doesn't mean you're legit. Bitcoin is by definition crypto.
@Anarchistarchitect10 ай бұрын
Yes, maybe scams claim to be like btc to con others
@Chris-xl6pd9 ай бұрын
@@bogatyr2473 How to say you have 0 understanding of what you are talking about without directly stating it.
@burrito-town Жыл бұрын
Whoa, never seen a Fastmail ad before. I love them! They've been my email provider since the late 2000s.
@bmeht Жыл бұрын
I've never heard Adam laugh so much and so savagely. I love it.
@mattg6106 Жыл бұрын
I was one of those, 'well, let's just throw an insignificant amount in and see what happens' people. I'm glad I stayed skeptical enough to keep it as insignificant as I did. I know others truly thought of it as an actual financial strategy.
@wen6519 Жыл бұрын
Same. $20 I'll never get back, and thankfully I'm privilege enough to not miss pizza that week. I just needed to do something about the FOMO and forget about it.
@Kujakuseki01 Жыл бұрын
Same. My skip level boss talked nonstop about crypto all the time and convinced me eventually, so I bought $10k of Ethereum. Rode it for a couple of years, but eventually pulled it out and (thankfully) only lost like $1500. Was such a joke.
@Onattamato Жыл бұрын
There was an app that gave you free crypto for taking the quizzes and learning about crypto. I got $30 worth of free crypto that went up to $50, and then plummeted down to like $5. I was so glad I never actually stuck money in.
@hyperx72 Жыл бұрын
@@Kujakuseki01 Jesus that's a lot of disposable income
@Chris-xl6pd Жыл бұрын
Thats funny because I threw in $10000 and made 300%. I guess this really is a game that can be played only when you take it seriously.
@SkySong6161 Жыл бұрын
The thing that put me off crypto was pretty simple: I couldn't buy anything with it. I couldn't pay rent in it, can't buy groceries with it, no doctor accepts it as a form of payment. If you're defrauded out of it or someone steals it, there's no recourse. Fiat currency, for all it's many, many problems, can at least be used to buy goods or services. Saw someone mention that crypto was basically digital beanie babies, but it turns out to be worse. I don't think beanie babies ever kidnapped people for were being propped up by celebrities as a legitimate investment plan.
@gooditemsdominealt Жыл бұрын
Yeah, the problem with THAT type of cryptocurrency is that no one accepts it, but based on this logic filecoin is useful because you can buy cloud storage with it, and that's all it's supposed to do. Can you please provide why filecoin is useless too?
@DirtyDruid Жыл бұрын
@@gooditemsdominealtbecause it's a scam, just like the rest, so the value will be too volatile for long term purchases and investments that form the basis of the economy, like business loans and mortgages. Can you explain to me why you believe in a scam?
@gooditemsdominealt Жыл бұрын
@@DirtyDruid Filecoin isn't meant for business loans or mortgages, just for cloud storage, like I already mentioned, also people already sell cloud storage on it despite the volatility, I don't actual hold filecoin, I just use it as a reference point to make my own version.
@75aces97 Жыл бұрын
It’s “worse” than Beanie Babies in that if the market on BB’s collapses completely, you still have the Beanies. You can play with them, pass them on, or just sit them in your shelf if you want. If you lose the crypto wallet or the server goes down, the bearer has nothing.
@vapsa56 Жыл бұрын
This! When I had some people try to pump me to buy crypto, I asked that question. What was the utility of it. Can you go to McDonald's and buy a crappy burger with it? Their answer was, "That is not how it works." So this crypto currency cannot be used as currency. They would get exasperated with me. And after 12 years, Bitcoin still has no utility.
@kaymish6178 Жыл бұрын
Yacht timeshare had me cracking me up. "And the Yacht was a crypto scam"
@Violaphobia Жыл бұрын
Even if you were left holding the bag after the Tulip Bulb Bubble… at least you could grow a real flower
@lauraw.7008 Жыл бұрын
10:29 Alex is not wrong; banks were instrumental in the downfall of many home-owners.
@brunnokamei9623 Жыл бұрын
Remember when Adam made that video where he bashes CEO's implementing AI unethically and most tech bros said ad infinitum "Oh, this video will (already) age(d) poorly". Well, their prediction that WGA would lose their jobs and be replaced by AI kinda aged like milk... Just like many other predictions of them. Like NFT's, Crypto and the Metaverse. All promising technologies that were overhyped and underdelivered by those tech bros. But owning your shortcomings isn't something willingfully ignorant proud people can do.
@lauraw.7008 Жыл бұрын
I am thinking about "self driving Tesla" hyped as being WAY safer than it actually is, and the fine print saying essentially it's a glorified cruise control. Even when (many of us) understand on one level that to be true, the constant "we're safer on the road than a human driven car" lulls too many.
@Rockmaster867 Жыл бұрын
The best thing about Dogecoin is that it was made as a meme and suddenly some idiots thoughts it is an actual investment
@Praisethesunson Жыл бұрын
One of the internets primary wealth tools these days is to separate idiots from their pennies.
@DanRyanCarter Жыл бұрын
Adam laughed so hard during this interview, it was awesome to watch!
@YieldFerret Жыл бұрын
Historians will look back on this video as a key artifact to understand the concept of 'epic fail'. Well done, truly a masterpiece of misunderstanding and miscalculation.
@drawgam2946 Жыл бұрын
Indeed. Rich assholes like Adam just love to tell the masses what to hate in the most shortminded way.
@furythree Жыл бұрын
These guys focus on rage bait to get clicks. Of course sbf and Logan Paul's exist in crypto. Just like Bernie maddoff exists in finance. But notice how they have zero arguments against bitcoin. Which is up 50% and outperformed the market
@jamesrule1338 Жыл бұрын
Remember when Matt Damon called us all p*ssies for not buying crypto in the cringiest ad of all time? I will never forget.
@RoolSkoolАй бұрын
Should have listened
@pablonunalvares5391 Жыл бұрын
No matter how many new ways of explaining, every time some crypto bro tried to tell me about crypto, i ended up finishing with "like a ponzi scheme?" And there it goes... lol
@joshuaporterfield6774 Жыл бұрын
Crypto bros now are just looking for a bag holder to take their place.
@Chris-xl6pd Жыл бұрын
You mean like fiat currencies?
@pablonunalvares5391 Жыл бұрын
@@Chris-xl6pd ancaps love to compare both, huh? No, fiat currencies are backed by much more than "trust me bro", you have a stable structure with the arms to ensure it =] Let's compare how many fiat currencies went to zero against cryptos and nfts?
@Chris-xl6pd10 ай бұрын
@unalvares5391 Lets have a look at whos involved in crypto now, oh look blackrock, vanguard and fidelity. Oh look how much btc and the wider market gained since this video was made. Oh look at my portfolio up nearly 700%. Oh look at you the guy who cant draw any conclusion with belittling what you are looking at, its ok dude i aint here to convince you.... just gloat. Make your own choices in life.
@RoolSkool10 ай бұрын
So you should report blackrock for selling a ponzi to people
@pakeshde7518 Жыл бұрын
Crypto is now crapto.
@ChewyThomson Жыл бұрын
*nailed it*
@stickjohnny Жыл бұрын
It'll unfortunately be back. It's the world's first self-reinflating scam bubble.
@RoolSkool10 ай бұрын
Do you still stand by this statement? Before you answer Google the price of Bitcoin and the whole crypto market from the day you made your comment to today
@RoolSkoolАй бұрын
Bitcoin is over $90k. You're right it's crapto
@pakeshde7518Ай бұрын
@@RoolSkool Just a better pyramid scheme and far more pr. yes its a scam but hey as long as a few folks making bank its *legit*. yeah not seeing too many of us commons having bitcoin laden portfolios do you?.
@teamgartz-motorsports68815 ай бұрын
This video is great! I think you should do a new one every year. I’m from Brazil and you can name any technology and I can nave at least 3 ponzyschemes using that technology to scam people. Things like: * VOIP * Bluetooth * QRCode * Video chatting * Land lines * Mobile phones * Mailing * Emailing * FAX * Beauty creams Whatever there is people that kinda can grasp and see something exciting, someone else will make a ponzyscheme.
@jackied962 Жыл бұрын
I should have known this was a clear bottom signal.
@c.t.nelson4314 Жыл бұрын
First crypto Next AI Then who knows... Keep up the great work Adam! Your Amazing!!
@brunnokamei9623 Жыл бұрын
Probably quantum computers.
@Rockmaster867 Жыл бұрын
Too bad I am too honest of a person to abuse it
@gooditemsdominealt Жыл бұрын
You haven't seen the most cursed thing, AI crypto coins.
@AshB78 Жыл бұрын
Economic bubbles are gonna bubble, no matter whether they're tulips, beanie babies, loan packages, cryptocurrencies, etc. For so long as profit and growth remain the deciding factors for what gets done, people will get screwed over
@asyncasync Жыл бұрын
You technophobes are a weird bunch.
@pablosaul2609 Жыл бұрын
Hoping, praying and manifesting this energy for gen AI / stealing machines 🙏🙏🙏
@TetsuDeinonychus Жыл бұрын
Me too. Crypto and NFTs have gone down, now for the last of the 3 great towers of tech-bro bullshit to join them.
@MeepChangeling Жыл бұрын
Please look up how, like physicaly how, neural AI works. You'll find it learns, like, actually learns. Exactly how a human does. They don't steal. They do what every human does when trying to learn how to draw. It's exactly the same.
@Kujakuseki01 Жыл бұрын
Yeah, but that's a technology that actually produces something, unlike crypto.
@DirtyDruid Жыл бұрын
@@MeepChangeling and that technology is not what "AI" systems like ChatGPT and Alexa use, they use compiled search results and form a mostly cohesive text around that. Which has been SOLD as real AI, thus making it a scam similar to crypto, and making the OP comment valid. And I agree with them, the AI bs is the next thing to implode. The AI you're talking about is still 20 years away from practical and commercial application, and by then it may have reached singularity already, so your point is irrelevant.
@atkelar Жыл бұрын
I was working in rural Austria for a week when the route from the hotel to my customer took me past a bathroom tile shop every day. Proudly sporting the "we accept bitcoin" sticker on the door. And I keep wondering how many bathroom tiles actually sold for bitcoins...?
@msjosieb Жыл бұрын
My husband just bought a bored ape t-shirt from the clearance rack at Walmart. 😂
@idontevenknow9758 Жыл бұрын
now that's a good investment! hahahaha
@antonmoller624 Жыл бұрын
… and. Now Bitcoin is back with a bang!
@EmmettFlo7 Жыл бұрын
Zeke seems like a really sweet humble guy. Great guest!
@lorisewsstuff1607 Жыл бұрын
Doggie Coin sounds like those 50 states quarters people used to collect. Get a different breed on each coin. 😂
@thelonelybolter8245 Жыл бұрын
That's adorable I want that
@jannaostoya Жыл бұрын
Aww, I want the Corgie!
@missluvableladii Жыл бұрын
😆 I totally collected those as a kid! My dad got me the little collector folder. I still have them to this day
@alobamify Жыл бұрын
We need Adam to read the audiobook. Fully with laughter abd everything.
@whochangedmyscreenname Жыл бұрын
Everyone keeps saying Brock Pierce is known for the Mighty Ducks. John Oliver said this too. He was the lead role in the Disney movie, First Kid. He plays the POTUS's son. Also starring Sinbad.
@lumenascent Жыл бұрын
Walmart uses crypto for distribution purposes. Not saying most aren't scams, but there are actually companies and people using it for things other than that.
@JeremyAndersonBoise Жыл бұрын
This is a ladmark episode, comedy and insightfulness abound. Fantastic guest. The end made me weep.
@lady_draguliana784 Жыл бұрын
EVERY expert (that wasn't involved) in EVERY relevant field (including mine, in the Navy, my rating was literally "Cryptologic Technician", and I worked for the NSA) were SCREAMING that it was a scam, and utterly valueless. What killed me the most was when EVERY government unilaterally and universally rejected Crypto currencies, but people KEPT BUYING THEM! 🤦 smh... EDIT: I missed the El Salvador story! but it perfectly tracks!
@MaryamMaqdisi Жыл бұрын
The issue is that scammers pray on the very real desperation of people. They tell compelling conspiracies about governments and financial institutions being against them because they’re the good guys changing the world, and a bunch of other bs. I’m critical of governments and financial institutions of course, but yeah. Some of us are just privileged enough to be able to see past the bs and notice the gigantic red flags.
@KaleRylan Жыл бұрын
@@MaryamMaqdisi "prey," not pray, but yes, it's this exactly. This is such a problem when dealing with the government and society in general. Yes, it has very real problems that deeply, DEEPLY concern me, but it does basically function... or at least it functions better than most currently available alternatives. Your taxes aren't all used perfectly, but they do mostly go to what they're for. Your vote doesn't matter as much as it probably should, but it does matter and the nations of the world would mostly be better run if more people voted. The financial institutions and politicians that run our economy do help the rich too much and are just humans who make mistakes, but they're still more trustworthy than some conspiracy theorist with no backing saying how this is going to change the world and stick it to the man.
@tiararoxeanne1318 Жыл бұрын
@@KaleRylan💯 agree. Finally someone said it. What we've already had is not perfect, but it's better than what these scammers offer.
@tiararoxeanne1318 Жыл бұрын
I think the president of El Salvador was only half-hearted accepting crypto as official currency in the country. If he was serious, he would pay government's employees and several other expenditures with crypto. He might get paid to promote crypto, but that was just about it. The free 30 dollars crypto for the citizens and the crypto infrastructures (ATM, EDC machines) were provided by the crypto company. So, he had nothing to lose.
@deeharp Жыл бұрын
Its just everyone in a shallow pool becomes a scammer. I had a good friend of mine tell me bitcoin is real because of el savaldor but when I ask how, considering their own currency is worthless.
@CatsMeowPaw Жыл бұрын
The worst thing about crypto is there are millions of bagholders worldwide desperately trying to reinflate the next bubble so they can get their money back. Chances are they will succeed, and drag even more victims into this scam.
@grzegorzbrzeczyszczykiewic563 Жыл бұрын
Maybe the world has run out of bigger fools, and now it's time to move onto the next scam.
@WebsterJorgensen Жыл бұрын
Using a blockchain like Solana, I can send $1000 anywhere in the world, instantly, for pennies in transaction fees. Do you know of a better way to do this than crypto? Venmo would charge me $30 to do this.
@aeonjoey3d Жыл бұрын
as a graphic designer, people in my industry split into 2 camps, people with sense who thought the whole NFT thing was a scam, and scammers. scammers unfortunately included a lot of idiots who got lots of attention with templatized bullshit randomly generating crap - and somehow some of them made money from it. it makes zero sense.
@darrell20741 Жыл бұрын
You have the right kind of ads in your video that works. KZbin targets ads that tend to drive people away, but your ads are on the video, I like that.
@itsgonnabeokai Жыл бұрын
The only morally good way to use crypto is to donate money to good organizations that your bad government disapproves. In Russia crypto is one of the few ways you can still donate to Ukrainian army and remaining human rights and independent media organizations
@PrograError Жыл бұрын
TBH Crypto and it's tech has always been a good idea, it's the people...
@BenEllisFL Жыл бұрын
My simple description I would give to friends when they would ask my take on crypto. A Pizza Hut rewards program for reading books is more of a currency than crypto in the frequency that goods and services are exchanged at a consistent rate.
@ericchrisp8432 Жыл бұрын
I love Adam and most of what he does. I had a lot of problems with this episode; Inconsistency across episodes on Adam's part for starters. In several of his recent episodes Adam pulls no punches railing against capitalism, a position I whole heartedly agree with. Then he gets this Wall Street apologist on and doesn't challenge any of Faux's obviously ideological aphorisms. The idea that the idiots who got swept up in crypto are somehow significantly more stupid or corrupt than the movers and shakers at every investment bank on the Street is laughable. Anybody see the Big Short? Wolf of Wall Street? both based on true stories and that's just the tip of the iceberg of evidence that it is in fact the stock exchange which is the world's biggest casino and ponzi scheme, just operating on a slightly longer time scale than crypto.
@suitov Жыл бұрын
Paraphrasing Churchill: "capitalism is the worst financial system - except for all the others that have been tried." But the twist is how capitalism took care to shoot down all those others that were tried. Anyway, I'm sorry you lost money on crypto. Wishing you well for your recovery.
@deestupi Жыл бұрын
The difference is that securities are usually made up of debt aka bonds or parts of companies aka stocks. That's true for mutual funds annuities or hedge funds. Crypto disguised itself as a currency but it's worthless without government backed currency so it's a speculative asset that does not have any underlying debt or parts of a company
@Kujakuseki01 Жыл бұрын
lmao. Just because a dude is dunking on crypto doesn't mean they've got a boner for capitalism.
@tiararoxeanne1318 Жыл бұрын
You are overreaching here. They never said capitalism was good, or that people involved in crypto were dumber or more stupid than bankers or Wall Street people. Unless, you could point out in what minutes in the video they made such statement.
@suitov Жыл бұрын
@@tiararoxeanne1318 Yeah... I suspect the commenter lost money on crypto and is still feeling raw about it, while clinging to some of the talking points. I'm just speculating, of course (like all the crypto bros were).
@Zwenable5 ай бұрын
This aged amazing. No matter what you think about crypto, but that shit aint done yet. Also it feels like Zeke just went to the insane part of the crypto world. There is also a big part of "baseed" ppl that just brought their bitcoin, own a real hardware wallet and hold it while working a normal dayjob. But i guess thats not the stuff to write a bestseller about. Disclaimer: I was a crypto enthusiast, now i think this wont ever bring anything of substance to the world. Its a cool solution for a problem that most of the money doesnt have. But i am sure as hell not going to predict when this ends.
@RoolSkoolАй бұрын
Trump is pro crypto the next 4 years will be very interesting
@Here2Learn714 Жыл бұрын
Don’t take this video down in the next 5 years.
@KingNugget4205 ай бұрын
About 3 months later btc hit 70k
@weltraumaffe41554 ай бұрын
@@KingNugget420 Right. Good call guys. BTC outperforms stock market.
@deeznoots62414 ай бұрын
@@KingNugget420back below 60k now lmao
@sethkeefer34564 ай бұрын
@@deeznoots6241 cope
@RoolSkoolАй бұрын
@@deeznoots6241above 90k now
@lisawillson2885 Жыл бұрын
Congress pretty much gave the middle finger to crypto. No one could insure it, no one backed it, they couldn't find the way to compensate for mitigated losses.
@PrograError Жыл бұрын
well... crypto is old news, CBDC is the latest Government "investment". no... no... yes, CBDC is build on crypto, but it's different. It's different in that it's government backed and based on fiat money equivalent just only digital. Non-Tangible. Web 3. /s
@RoolSkoolАй бұрын
Well guess what the next Congress will be the most crypto friendly. Game on
@PacisJusticia Жыл бұрын
At the very peak I had a falling out with a crypto-entranced friend who aggressively demanded I sell everything I owned (including my home) to invest in crypto. He had made a lot up to that point but the bubble was clearly waaaay overvalued and I wasn't willing to jump in at that point. I haven't gone back and rubbed it in his face or anything, but the friendship was never the same. People, be careful about letting investments (or anything else) become a cult mentality.
@EricMiller Жыл бұрын
Adam, this is one of your best. I like your work and Coffeezilla. I really like your TV show too. Keep up the great work!!!
@firozshams3093Ай бұрын
I was listening to this at work and my god this is one of the funniest episodes ever. Like the dude is unintentionally funny with his monotone delivery of the funniest incidents ever 😂
@Onomatopoeia4u5 ай бұрын
Observing this world my whole life, working for large corporations for most of it I think I can firmly say all the smart people are gone from the topa of business and politics
@me0101001000 Жыл бұрын
Zeke, I loved your interview with Patrick Boyle, and it's good to see you here, too!
@ImTopin Жыл бұрын
You bringing up talking crypto with your Collegehumor peers instantly reminded me of when i saw Dan Gurewitch on Last Week Tonight as one of the show's writers when they talked about Cryptocurrency and him being presented as the "you gotta get in on this" type. It would not surprise me if he was one of the guys you would discuss this stuff with back then.
@ardendolas Жыл бұрын
That's DEFINITELY who I was thinking about the moment Adam spoke about that interaction!
@Nasa-cosmonaut Жыл бұрын
Can't even count how many rug pulls, scams, pump and dump, NFT garbage.. Huge celebrities backing them too. It was a make money disappear into thin air trick and loophole for already rich people get richer at their fans behest. I hope there is accountability and justice at some point.
@MrPalp Жыл бұрын
Yeah, I guess the best part of Crypto was how isolated it was from larger economic systems so its inevitable crash did not bring down the world economy. Oh and congratulations on the big win Adam. Such a thing happening in America of all places gives a lot of hope for improvements for workers of the world.
@11Elleve11 Жыл бұрын
this was one of THE BEST deep dives into crypto, before and after the hype...! LOVED this so much!!!!!!!!!!!
@bluicarys732 Жыл бұрын
We still have the bitcoin machines in some of the sketchiest of locations here in SC. In a place where the average salary is around 25k before tax, i cant imagine people in North Charleston are lining up to make a purchase. I assumed it was the fringe coin holders trying to liquidate poor people in efforts to break even on their bottom line.
@DanaTheInsane Жыл бұрын
The last one of those I saw was carted away last spring.
@1UncleJesseАй бұрын
This aged horribly. Congrats to everyone who ignored this man and all the others like him.
@RoolSkoolАй бұрын
💯💯💯
@jessew756516 күн бұрын
Because we have a bunch of rich plutocrats dumping their money into a bigger fools gamble does not justify its existence, and in fact only works against its supposed use as a currency, which clearly its not. It has no use value outside of moving wealthy peoples money around, and justifying people putting their money in while at an all time high is only going to fucking burn them when the inevitable 90% crash happens. Keep in mind also, this gamble only paid off because Trump was elected, which was quite literally a 50/50 shot Thinking this legitimizes crypto is like arguing spending all day at a casino is a safe investment
@OrchestralVibes16 күн бұрын
"OnLy PaId OfF CaUse TrUmP WoN." Tell me you don't know a thing about Bitcoin or asset cycles without telling me you don't know a thing about Bitcoin or asset cycles.
@1UncleJesse16 күн бұрын
@@OrchestralVibes I have no idea what you’re going on about… I’ve been investing in Bitcoin for well over 6 years at this point. I’m glad I ignored this man and all the others that said it was going to crash and burn.
@OrchestralVibes16 күн бұрын
Sorry UncleJesse, not you, I was referring to jessew up there who said Bitcoin is only where it's at because Trump won.
@jeremyfried5463 Жыл бұрын
I remember hearing about how crypto would make you rich, but the thought occurred to me that it makes you rich in regular money and not the crypto that is being traded. So to me it never made sense how fake money becomes real money.
@lauraw.7008 Жыл бұрын
Yeah for many it was all about gambling; "can I get in low and sell high before the bubble pops?". Sadly, there are too many that (due to circumstances beyond their control) had not been able to save enough to retire who blew their savings trying to pump up their retirements...to the benefit of the sharks. It was bad. But the housing mortgage crisis? People with excellent credit scores were sold on higher interest rate mortgages for trusting their "neighborhood bankers", and people without the credit scores necessary to actually buy a home without some kind of support were all duped. And the ones responsible at the top barely got a slap on the wrist. I appreciate that at least some of these folks responsible are paying the price. I do wish there were a way go after a percentage of the COO, CFO of bank's current assets to make right so many people who are struggling due to the loss of the one tangible asset they thought would at least be over their head if all else failed. They were cruelly mislead. Dimond, et al have no ethics.
@Whocares634 Жыл бұрын
Now I know why I never understood any of it as an investment. 😅
@PynkSpots3 ай бұрын
The craziest part of this interview was Adam saying Amy Schumer is a great comedian
@steelsteez6118 Жыл бұрын
41:48 He must be referring to Metamask. Damn, these guys are absolute crypto noobs 😂.
@richarddufault Жыл бұрын
Haven't laughed this much in a long time. Thank you, and thank you for confirming my opinion on crypto - that it is and has always been a huge scam for suckers and evil people.
@whitewinterresorts7679 Жыл бұрын
Lol, this aged well. What has it been, a month?
@cprosser3 ай бұрын
Zeke is awesome I've watched him a couple times now, he's got some great (and hilarious) stories, glad he's doing what he's doing.