Internet Scams Part 2: Crypto Cons (FTX, Bored Ape Yacht Club) | deep dive$

[@CamJames]

Sam Bankman-Fried got 25 years today for stealing $8B. does that mean I get a couple weeks for half a million? *puts on ski mask* Internet Scams Part 1: kzbin.info/www/bejne/iGaol6qroLZ5eK8 *join this channel* to get bonus content + your name in the credits: kzbin.info/door/YUIRADK9CuJU92EAp2CNPAjoin

[@Leahi84]

I'm honestly surprised. I'm so used to rich executives getting away with things with slaps on the wrist. Usually the rich can just buy their way out of the legal system.

[@jamesszolopiak7600]

Only reason he got in trouble is because he also stole from the rich. Which is the considered an actual crime.

[@CamJames]

@@jamesszolopiak7600 i mean he would've gotten in trouble either way due to the sheer scale of it, but it's definitely the reason he got so much time.

[@BroAli33]

Easy money!

[@CamJames]

@@Leahi84 FTX was too big and too public for that to happen...didn't help that they were grossly incompetent in several ways

[@Dustyone23]

Of all the scams, NFTs were the most comical. Like, why would I pay 30k for a digital picture? Snake oil

[@CamJames]

i didn't get it back then, and i don't get it now.

[@Kilometers_KPH]

Nothing to get ​@CamJames

[@samhuntress]

The key thing to remember about the NFT craze is that it was essentially just a way for people who had lots of Etherium (which is useless) to cash that out faster/easier into USD (which is useful). People fell for it for the same reason anyone falls for any scam. They were tricked by the hype.

[@adrianking5718]

"FOMO" is the key. People who don't wanna miss out on the "next big thing"

[@apollo105]

NOBODY could intelligently explain what an nft was.

[@AllmightyMilpil]

Generally speaking, if anything's selling point is FOMO, you aren't missing out on anything worthwhile. Quality content once again Cam.

[@CamJames]

and that's always the selling point lol

[@donventura2116]

Bro you don't understand, I can't live without my limited edition Stanley Cup. How else can I carry water?

[@breadpilled2587]

Thank you for this series. My grandma was scammed a while back and was so embarassed, she refused to report it. English isnt her first language and she has had horrible experiences with the police (we are mexican). She felt so stupid and i know it got to her. They targeted her in a target parking lot, of all places. She had just lost her youngest son very suddenly and out of nowhere, her first child to die. She and other older latinos also targeted a lot by MLMs because they know they are usually uneducated, dont speak great english, are usually religious, and dont trust authorities. I hope more victims will feel comfortable getting help and talking about their experiences. Talk to your family members too.

[@CamJames]

you're welcome, I'm hoping this helps someone detach themselves from these schemes

[@minachernobog]

Please, please tell your grandma that she is not at fault. She is a victim, preyed upon during a very difficult time in her life. I hope you and your family are doing better. Have a nice day.

[@nbrugman1980]

YES! So glad you are calling out crypto. The ultimate modern scam generator

[@CamJames]

a new scam every hour

[@daren32909]

Bitcoin has done almost a 5x in the past 15 months. The cycle is 46 months.

[@BlockchainMoney87]

How is it a scam when you make money lol

[@Earnbread]

Stay broke lol

[@nbrugman1980]

@@Earnbread I love triggering crypto bros

[@HeartWerk]

"computers already do that"

[@maxleveladventures]

I felt so gaslit as a 3D/digital artist when the myths of NFTs were exploding. All my friends and peers were telling me to sell my art as NFTs. I was the only one in my circles who thought it was a shallow, get-rich-quick scheme by and for fintech bros. It felt soulless, the opposite of what *art* should be. It sucked to feel so ostracized in my own community, but it also showed me what kind of people I was really in community with. I’m glad the last few years have venerated me because I really did wonder if I was just being a stubborn, prideful artist. I mean, I was/am that for sure, but at least I wasn’t also a grifter. Also, loving what I’ve seen of you so far. Congratulations on merits of your work and the luck of the algorithm.

[@CamJames]

thank you for this insight, and shoutout to the artists out there. I remember that fervor and it had to be disheartening. thank you for watching!

[@NguyenNguyen-xv8li]

I just want to tell you I appreciate the amount of effort and work you put into your videos. You're putting out quality content addressing a lot of our on going problems with no click baiting and stereotypical tiktok cuts. Keep pushing WE ALL GON MAKE IT

[@CamJames]

thank y'all for watching, i can't do it without that support #WAGMI

[@jeffstaples347]

I'm gonna hodl onto my subscription.

[@IsleyNumber1]

​@@CamJamesfr you're the best creator without 100k subs (yet 😉)

[@marblehelios932]

If its an easy way to make money why isnt everyone rich? Some people dont ask themselves basic questions

[@CamJames]

#message

[@chenanigans]

That's my question. These people that say "I make a thousand a day day trading" I'm like well if it's that easy why isn't everybody rich? And why are the people making those videos still living in a closet. Make it make sense.

[@marcoolmedo1967]

Because the advocates think they can outsmart the rest of the group and keep all the gains. Is more pyramid hot potato scheme.

[@marblehelios932]

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA no@@RoolSkool

[@icedcoffee8561]

The ones who make money are quiet about it. Holding crypto makes you vulnerable to a real life brute force attack lol it's different from having all your money "safely" at the bank, it's more like having money at home, you don't wanna brag about that...

[@GothBatty]

We had 7 rounds of layoffs because the tech company I worked for got Bored Ape and Boeing as clients 😂 we all lost our 6 figure paying jobs. 😊

[@CamJames]

jeeeesus

[@i3p973]

Vids like these emphasize that financial literacy is the most neglected aspect of North American schooling.

[@MarjorieParaison]

Preachhh - lack of financial educating and self worth/value/self-awareness

[@BowieValheru]

Sadly not only in the US, over here in Europe it's just as bad. We got basic economy lessons in school, but non of the real fundamentals, not even how to handle money responsible and the most basic thing: don't spend what you don't have, allthough that might be a really foreign thing for American citizens because of the normalisation of credit cards.

[@Praisethesunson]

Duh. Teaching you makes it harder to scam you. That's bad for profits.

[@MalikBenjamin-o9k]

Man you talking straight facts fr

[@Le0mas]

You are quickly becoming one of my favorite essayists on youtube, I appreciate your perspective and keep doing what you're doing! Cheers from Switzerland

[@CamJames]

love from Atlanta, thank you for watching!

[@SolaceMcfly]

once i heard the first story of NFTs during the pandemic im like yeah thats dumb people are buying a picture and claiming they own it.

[@CamJames]

same initial thought tbh

[@veiledopinions]

Dummmmmmmb

[@sinbient]

Same

[@Garfather924]

48k subs and quite possibly the most real series on KZbin? Definitely the most real one I'm watching right now. Success hopefully is a matter of time for this bloke. Cheers mate!

[@CamJames]

that's huge praise, thank you

[@mahogany_honey]

62k...

[@97nelsn]

When I saw so many of my photography peers go into NFT’s and suddenly become financial experts, I knew there was something wrong, especially when they started following notable con artists such as Jordan Belfort (aka the wolf of Wall Street). I almost got duped into the NFT craze but had my doubts and lo and behold, it was nothing more than a scam. The photographers who knew about it before they told everyone got their bag but everyone else got left empty handed.

[@CamJames]

schemer 101, never talk about it until your bag is secured. then get everyone else to make that bag bigger

[@97nelsn]

@@CamJames the ones that secured the bag had insider knowledge since they were all part of the same friend group where one of them coincidentally worked for a crypto firm. I know a few of them personally but I wasn’t close enough to get in the grift.

[@johnchedsey1306]

I'm just a hobbyist photographer, but I saw that NFT craze sweep through my photo circles as well, with some of them getting very heavy handed about NFTs. It was a real turn off. I've noticed not a single one has ever publicly recanted their fervor for it. I can forgive curiosity, but evangelical approach was disheartening.

[@97nelsn]

@@johnchedsey1306 I was in a room with most of the people who shilled NFTs to other members of the photography community in November and they didn’t mention anything about NFTs. They swept it under the rug and lived their lives, although they now have more money than they did before one of their own got the Intel about the NFT craze.

[@Xmasta420]

Folding Idea's 3 video series (Line Goes Up, The Future is a Dead Mall, and This is Financial Advice) are a fantastic rundown of Crypto Culture and the madness of it all

[@CamJames]

linked the first one at the end!

[@Xmasta420]

Oh damn, I didn't even realize you dropped this today. Found your channel just this afternoon and binged the series. You're doing fantastic work!

[@CamJames]

lol yeah i'm on a schedule, glad you're enjoying them. thanks!

[@editorbuck]

Commenting to boost the algorithm. I've read about many of the topics you've been covering, but I still watch because i like seeing you come at these issues from a different perspective. I also hope you're reaching a new audience of people who need to hear this stuff who didn't already live in this particular world of KZbin content.

[@CamJames]

I'm hoping so too! thank you for the support, always trying new angles

[@thewondersock3818]

Emphasizing the word ledger when explaining how banking vs crypto works is an excellent way of communicating it.

[@CamJames]

definitely the clearest way i could get that across

[@sterlingharris1812]

Agreed 👌

[@TheSagaOfGregGetsRekt]

"Aye." Continues to be the hardest opening line in the journalism biz and also my fave.

[@CamJames]

just my favorite ad lib from my rapper days lol

[@greasergaming156]

Appreciate the content, i binged all the deep dive$ as soon as i discovered them. Hope to see more coming

[@CamJames]

thank you for watching and for the support! glad to be making something you can connect with

[@Rashad3000]

I love it bro. You are spitting nothing but facts.

[@CamJames]

'preciate you bruh!

[@austinpetemo]

Found your channel from your sports betting deep dive$ and Ive been a huge fan since. Always walk away from your videos having learned a bunch. Love that you site all your sources in the description too.

[@CamJames]

thank you for sticking around for my ramblings lol

[@SirSamTheThird]

You have a great way of laying things out mate. On the subject, I had a mate who i thought lucked out in crypto, said he was able to retire early in 2021. Quit his job and everything. He never cashed out though and had to go through the soul crushing thing of getting his job back. He said he just got so caught up in the hype and wanted more, more, more despite have earned what would have been enough to last a lifetime.

[@CamJames]

just like gambling, ppl get lost in the sauce and give it all back. thank you for watching ☀️

[@entangledvyne]

John Oliver strutting around his house like "damn, Cam James called me dope. That's sick as hell" is all I can think about today.

[@CamJames]

sounds like him tbh lol

[@nunyabizness573]

Crypto currency can't be a stable currency because it's value can change hourly, even minute by minute. You can order a pizza, and by the time you drive down to pick it up and pay for it your crypto can change in value.

[@CamJames]

🎯

[@anonbrowsing8848]

I could say the same thing about USD. Constantly inflating. A dollar today is not the same dollar from the 1950s.

[@akinyiomer4589]

​@@anonbrowsing8848 Lmao sweetheart - that's such a strawman argument. Yes state-backed fiat currency is also subject to inflation, but that inflation rate (in a stable economy) is a SMALL and it takes place over MANY YEARS. That's why they're considered stable enough to do business with ... So if your employer pays you in USD say $2k/month, by the time the cheque is signed by Finance on Monday and clears your accounts, you've got $2k in the bank by Wednesday. Whereas the _intense_ value fluctuations of crytocurrency make it a high-risk, high-reward security/trading asset; but goddamn _unstable_ as a viable currency for any economy. That shit changes by entire percentage points hour-by-hour, day-by-day. Platforms minting cryptocurrency tell their investors *explicitly* that they want to "go to the moon!!!" i.e. they want the value to go up almost exponentially into infinity. That's basically putting the levels of inflation that the USD sees in 100 years into like 1 years' timeframe. Which is why no country has successfully used it as currency. Even that lil' failed experiment in Peru (no disrespect to Peruvians, I don't think a country's citizens should have to pay the price for any public or private financial mismanagement).

[@saphthesomething]

Fantastic video dude, so glad you popped up on my algorithm a while back because you are making quality

[@CamJames]

thank you! it's easier with supporters like you

[@shontanaegreen_lpc]

I've been considering closing my Coinbase account for a long time, and this just solidified my decision. Thank you for this exposé. You need to be on Channel 2 or 11 Alive because the boomers that still watch the news need to hear this. You look like Tyson Beckford, btw ☺️☺️☺️

[@CamJames]

my mom thinks so too lol. thanks for the compliment. my vision is to create a new engaging form of news that younger people can trust. first here, then on a streaming network.

[@shontanaegreen_lpc]

@CamJames you're doing a great job your vision is coming to fruition right before our eyes ✨️

[@livefromdablokchain]

Your going to regret that decision

[@thatkidnamedkeith]

@camjames thank you for putting me on game. Much appreciated. These deep dives are great.

[@Nohb-Dy]

Been on this dude before he appeared on JT, we must protect this man at all cost!! 💪🏾💯🔥🔥

[@MechakittenX]

Great video! I miss Atlanta so much. Every time I see those pine trees and the urban decay in the background of a video I get nostalgic. I've got friends still playing around with Crypto. I never fell for that because despite being desperate, I'm just a bit more paranoid than typical. Like. My actual Bank called me the other day and asked for some of my info and I HUNG UP on them and Called the Main Branch number. They verified it was actually them but *still*. Lol. I hope some people can see the light with this video. Can't wait to see what your next topic is!

[@CamJames]

you're doing the right thing by being careful. I'm paranoid myself. it's too easy to fake certain things these days. thank you for watching!

[@MakoHero]

Been following you for a minute man. Glad to see you doing something you clearly love.

[@CamJames]

all love, and frustration lol

[@SZCGTV]

you randomly popped up in my recommended after i watched a coffeezilla vid and figured i'd give you a watch. im so glad i did!!this was a great video and the analogy with how banking works compared to the blockchain actually made me understand it for the first time. you got a new sub from me!

[@CamJames]

amazing, I'm glad this helped it connect for you!

[@blob22201]

I find the tech behind crypto interesting but I just don't see a good real world use for it at the moment. Old fashioned processes are just faster and more convenient for stuff like payment. Also Venezuela minting crypto is crazy, you'd think they have bigger things to worry about.

[@CamJames]

i agree, we're many years from this tech having broad appeal beyond a speculative financial instrument. the problem is that new tech is always turned into scams immediately, before it matures.

[@noneuklid]

Venezuela did it to attempt to raise revenue for the gov't, to give them an easier way to avoid financial sanctions, and in attempt to stabilize the country's credit. Maduro is almost certainly misrepresenting the #s (it was likely purchased by the gov't itself or by party members). Having a gov't backed coin is exactly what people who use crypto don't want.

[@Viteaification]

backed by oil no less. that certainly wont age well in the near future

[@christabeard983]

Thank you! Your young voice is needed to help others look at scams with open eyes.

[@CamJames]

very very welcome

[@mylonmasterful2933]

Finally caught up on all your drip dive videos. Keep em coming, the quality is impeccable ❤

[@CamJames]

#dripdive needs to be stolen by a fashion influencer tbh (thank you!)

[@lunasdadskates]

Great videos. Editing, content, sound bytes, cut scenes, visuals and everything else is all top notch kid.

[@CamJames]

I appreciate that!

[@FireFan44]

This was a really good video, and I really like how you used your background to give you a new perspective on Crypto that I'd not seen much of before

[@CamJames]

always trying to add something original to this KZbin thing

[@EasterMegs]

I love the new perspective of going through these companys' slide decks. I haven't seen anyone take that angle on crypto companies before and it's super interesting!

[@CamJames]

glad you think so! always trying to find a new angle

[@Manboy376]

Love your videos man. Keep on educating.

[@CamJames]

always

[@dendrite44]

I used to be a crypto fanatic. So much, in fact' that I decided to actually learn how it works and ventured into blockchain development. Learning about how the underlying technology works, vs how the crypto market works opened my eyes, and I realised that the crypto space is more scammy than the tradfi economy. I went from holding and around 10 to now only holding 1 token. The reason for downsizing? The MAJORITY of tokens are well intentioned cash grabs. Basically people who on some level have good intentions, but for the most part are useless hype/speculation projects or outright scams. That doesn't apply to the underlying blockchain technology which is improving rapidly and is already being tested by and integrated into different government systems and companies around the world. The blockchain itself presents massive potential. However, you have to do in-depth research on a token/ project before you invest. More than you would do with a traditional company.

[@ninjaofkaos8006]

From a purely academic standpoint, its impressive that crypto influencers were able to trick people into believing they were the real crypto believers when they where holding the bag, like the whole "hodl gang" thing is some top tier manipulation. People were proud to hold the bag, and through this you could get people to defend you scamming them and insulate themselves from criticism. Its cult tactics explicitly, and it shows the power of confirmation bias and sunk cost fallacy

[@CamJames]

precisely. holding toxic positions has turned into a weird internet obsession built up on Discord chats and it somehow worked.

[@ninjaofkaos8006]

@@CamJames nothing surprise me under capitalism anymore lol, we got a lot of desperate people and a society telling us we can become rich in an instant. People just forget that those small percentage of people who got rich were a tolerated outcome not an actual desire. Let a few people achieve massive wealth and you have a hook that can last seemingly forever.

[@dontaclebourn5679]

Man, you literally have the best produced videos on KZbin. Your content is mad informative and relevant. And i gotta say too brotha, your delivery style as host is just the right mixture of laid-back-chill, hip, and unquestionably knowledgeable. I can see this being a highly successful series on say, an MTV back in the 90's or even Vice in their early years. This is good stuff

[@CamJames]

thank you! high praise and we're trying to make sure we deserve it.

[@Leahi84]

One of the worst things about crypto is the massive impact on the environment. All that excessive amounts of electricity used to mine it causes more pollution from power plants and contributes to the climate crisis.

[@CamJames]

very true, it's one of the only scams that impacts the planet in addition to society.

[@armyofninjas9055]

1% of all energy usage. At all. Like total. That's sickening.

[@hoots187]

The comparison first of all only applies to Proof of Work chains, networks like Ethereum use Proof of Stake thus do not consume significant amounts of energy. Additionally you need to compare the equivalent cost of the legacy banking systems costs like maintaining physical branches, etc to have an apples to apples comparison.

[@CamJames]

don't think there is an apples to apples comparison; crypto is in a league of its own. the ecological damage is a requirement, not a side effect. banks have humans to heat and cool, not chained computer banks intentionally exhausting their limits to solve complex problems for crypto coins. and yes, this applies to PoW.

[@Darca1n]

​@@RoolSkoolRenewable energy that could be used for, yoy know, things that aren't scams. Also, proof of stake doesn't eliminate the ridiculous power draw it just drastically lessens it, it's relatively more efficient, but compared to non-crypto payment processors, there is a degree of difference that is just completely insurmountable.

[@Leiceku]

love your channel so much glad someone is really diving into all the scams that are around these days…..it’s sad

[@alfredsmith1182]

Deep Dive$ is genuinely one of the best new series on YT, such high production quality, just the right amount of humour, and really informative, especially on how the subjects covered end up affecting POC. Kind of content we need, if Cam James isn't next up on YT then something's up

[@CamJames]

thank you for the compliments, I'll get there with supporters like you. also it's Cam James fam, common typo.

[@alfredsmith1182]

@@CamJames fuck my bad 😅 good luck out here!

[@FowCowMow]

Can James x Folding Ideas when

[@BushidoMauve]

If anything, I can totally see cam doing a reading for a folding ideas video.😊

[@CamJames]

@@BushidoMauve i'd love to pop in for a brief segment in one of his videos one day. i'm not at his level of analysis yet

[@MrCillaKam]

Love your series of Deep Dive my dude. Keep up the good work. Alot of the information in these are things i have always supected and researched but glad someone came to the same conclusions and i was not tripping

[@CamJames]

will do! you're not trippin', you're spot on.

[@ambds1975]

Another nice deep dive, thank you sir. People think they are immune to scams til they get scammed.

[@CamJames]

everybody thinks it won't be them, until it is

[@TitianX]

I traded crypto once for a few months... I've always known it was dubious but saw my friends getting in on it, realized they all were using the exact same sales pitch lol. Got out before I lost my damn shirt with Bitcoin.

[@CamJames]

it'll absolutely strip you naked

[@bisiriyutajudeen5728]

Please don’t conflate crypto scams with bitcoin. Just because you don’t understand BTC doesn’t make it a scam like everything else in the space.

[@Monkofthecaribbean]

Lol you won’t make any money in the next upcoming bull run but that’s on you.

[@LegendaryPatMan]

Nice to see some bits I mentioned in the last video come up in this! I hope it inspired some research for bits on this! Another fun tidbit is that even if you forget all of the organised crime groups and such and the human rights abuses that they are perpetrating... But North Korea hold and launder such massive volumes of BTC that by nature of using BTC, you are complicit in the human rights abuses in that country and their development of nuclear weapons... The underlying tech is also being promoted as a tool for social justice, but given how the large cap holders are people with vast quantities of money to spend on crypto, you tend to enforce inequality and take value out of unequal communities and countries, which is pretty nasty when it's the black-owned MLM's ripping off their own people, but it's a whole other story when it's Western countries ripping off poorer countries by sucking value out of them, much like how colonialism worked...

[@CM_CALI]

Yayyyy!!!! My fave series!!! 👏🏿 👏🏿 👏🏿 👏🏿

[@CamJames]

yayyyy

[@seanhaugh4232]

Your honesty and openness are genuinely refreshing and appreciated.

[@CamJames]

i appreciate you back

[@mayra.herrera]

the first video I was recommended was your 'state lotteries' one, and I haven't stopped watching since! you've done a really good job educating us, I love the speed and setup for your videos. keep up the good work, excited for the next video!

[@CamJames]

good to know they're properly calibrated tbh. trying to improve every time!

[@LDugan-zp3cp]

I love these videos. Sometimes it's tough to find an actual 'deep dive' into any given subject in this format. It's awesome that you do the work and deliver the info in a well organized and clear manner while keeping it engaging. Appreciate it, pretty inspiring too.

[@CamJames]

ty, the organization piece is the real work but the support makes it all worth it.

[@niza.toshpulatov]

David from the Waveform podcast sent me here, and I'm absolutely loving this channel so far. I love the choice of backgrounds for these videos as well as the unique editing style. Great work!

[@CamJames]

thank you for that feedback and for giving me a chance!

[@stabf2635]

I love the buildup/anticipation for the ............. "AYE"

[@CamJames]

a favorite for sure lol

[@Spikeawe]

Just want to say how much I appreciate these videos. Love the way you analyze and break down your own takes when doing these deep dives

[@CamJames]

i appreciate you right back

[@jewishurdler]

I don’t know how I happened to come across your videos a few months ago, but I’m glad I did. I really enjoy your deep dives.

[@CamJames]

thank you fam, always glad to hear this

[@YT_Lucks]

Just discovered this guy a few days ago, but these are already some of the best video essays on KZbin.

[@CamJames]

wow, that's very gratifying to hear. 'preciate you.

[@PaperStarship]

Just recently found your channel and really love your content. The scams are evolving and getting worse. Presale scams are the latest, making retail feel like they are getting in on the ground floor like a VC then delaying/rug pulling on launch dates. I know from experience 😂

[@CamJames]

they keep getting more clever and more insidious, by the day. thanks for watching

[@HobocoreHero]

I love your vids man. You got some solid big bro vibes and you break it down real easy. Keep up the good work I love watching you on my lunch.

[@CamJames]

most def, 'preciate you bro

[@JoshGinter]

Love what you're doing I think you have a really unique and valuable perspective compared to a lot of other people on KZbin playing in this same video essay space space. But I do have a bit of criticism. I think this video lacked a central driving thesis. It didn't seem to be trying to define these ideas or problems because it leaned so heavily on the assumption that I already know what FTX is (as one example). It doesn't seem to be trying to focus it in on how these scams are aiming at a particular population. Or the types of underlying themes are used to drive these scams. It just seemed to be a grab bag of 2 or 3 intersting but half-formed ideas and lacked focus. To be honest this one felt a bit rushed. I think you have something valuable to say on this topic. But it didn't feel like you got around to actually saying it.

[@CamJames]

i appreciate the criticism. i disagree that there's no central thesis but it helps to know that you felt that way. pure exposure and the assumption that this topic has been beaten to death on KZbin drove this one. I think the amount of detail shows it wasn't rushed, actually took more time on this than any before.

[@Qwayzar]

I love your videos. This is the exact kind vibe that i look for. Very informative and down to earth.

[@CamJames]

🖤🖤

[@ThatLuckyBear]

Algo bump. I got approached by a GME lottery winner about making NFTs and I tried to explain he was too late unless he was trying to rug pull. The awkward laugh he gave drained the entirety of my respect for him.

[@CamJames]

smh that's just sad to hear tbh

[@Luca-nx5xf]

Great work as usual: and thank you for pointing out how scammers are sometimes forced to do this, as a result of kidnapping or being lied to themselves

[@ajthompson]

Love your work. I hear the algo likes comments.

[@CamJames]

🫡

[@DonaldTurner]

continue to enjoy your content, brother. good stuff. and yes, cryptos.. scams. period.

[@StargazingCeres]

You are quickly becoming one of my favorite people on yt. Great vid, we probably all know someone that needs to hear this.

[@CamJames]

always good to hear this, i get my share of negativity

[@DontCallMeAaron]

I’ve watched 5 of your videos over the past two months and you taking at the end actually reminded me that I haven’t been subscribed this whole time! Well I am now! Keep it up

[@CamJames]

better late than never fam, thank you 💙

[@DavidWoods255]

Aye! I absolutely love to see a new Cam upload. Even if the topics are always grim, they're packaged and presented so well I just love to see it. Thank you brother

[@CamJames]

ayee. this is really dope to hear fam, thank you for the love 🖤

[@heatherangel9700]

Loving the series and the deep dives! In an environment where KZbin is doing everything they can to push shorts on viewers and creators, I appreciate even more those of you will to push through with long form content. That's the content I'm here for. If I wanted shorts I would download Tik Tok!

[@CamJames]

so true. i refuse to let the Shorts win. thank you for supporting them ☀️

[@muzunomi]

As a streamer ive had some of these nft companies try and reach out. Im glad a real one like you is covering this stuff cuz its too crazy these days

[@CamJames]

the insanity in my inbox lol...can relate, they're ridiculous

[@truestprophecy]

I wish you the best man, and this was a really interesting topic to learn about

[@mwenyachikwa4685]

That Lupe mix was insane.

[@CamJames]

*takes a bow*

[@AliSemir]

Another dope video brother Cam. The real reason for NFT's was the amount of money in circulation during COVID. Between Stimy, PPP, EIDL, and rent forgiveness, M1 & M2 were the highest which gave people power to artificially boost the value of anything (insert GameStop, AMC, NFT's, rent, Bitcoin, etc) some of these have actual value vs speculation, some value well below what they were trading at.

[@OkayTaha]

Glad to see you getting the recognition you deserve, fire content always 🔥

[@CamJames]

thank you boss!

[@jeffstaples347]

I saw your community post the other day. I hope the stats on this vid blowing up helps re-aim your mindset a Little higher. Much love from Portland

[@CamJames]

definitely reaffirming me. thank you ☀️

[@adz951]

Thanks Cam! First video I've seen of yours. The crypto space needs far more of this critical material to flush out the crappy projects that get people scammed and do nothing good for the space. Great stuff. 👏🏼

[@CamJames]

glad this one reached you, i appreciate it!

[@recklssabndon]

The highlight on “Con” between convinced and confused was *chefs kiss*

[@CamJames]

one of my favorite edits lol

[@recklssabndon]

@@CamJames all cons might just be a balancing act between making the victims feel confused yet convinced

[@SeanLewisMedia]

I was part of a project that used our NFTs as passes too a free weekend in Vegas. It was sick🔥 I haven’t lost money overall in NFTs, but for sure have in certain projects that haven’t stood the test of time. Others have though and they have been a lot of fun overall for me👍🏼

[@Goodchemicals]

Great information. Thanks for informing the people.

[@CamJames]

always

[@MrDeathwish94]

I had a late friend who I believe dumped a lot of money in coins and thought it was the next big thing and it drove him crazy. We use to talk about the concept. Rip Robert Oakley

[@CamJames]

sorry for your loss fam

[@josiahwilson2734]

Just wanted to say this series is what introduced me to you, do what works best for you but if videos like this keep coming I'll definitely stick around. Hoping the deep dives series can stick around for more than a little longer but either way dope stuff man

[@CamJames]

it's not going anywhere anytime soon, no worries

[@Lollinno5569]

You are so excellent, I've seen no other channel do what you do how you do it. Thank you for your work ❤

[@CamJames]

thank you for watching! very grateful

[@herschelsmith6581]

Lmao the BACY misspelling took me out 😂😂 had to rewind

[@recklssabndon]

Man - I love your videos because of the background you provide. Even if some of your jokes seem like they’re targeted at boomers who don’t already get the plot. I still love your style because you have a way with sweeping up and sifting through all the context in a way that educates all these “wet behind the ears” gen z ppl but at the same time spells it out for everyone else who doesn’t get subtext. It is an art form that only a Millennial could master. I know: That’s our secret strength.

[@CamJames]

thank you, that's great to hear. trying really hard to get it right and i don't always hit the mark

[@Notester82]

Great and informative video! I also liked the little detail at 13:09 where the last two C's in The Four C's (Convinced and Confused) have "con" highlighted :P

[@CamJames]

always great when the little stuff is noticed 🖤

[@TeenieTinyTina]

Ahhh the Lupe fiasco track I love that song and that album Also props again for another one. Anxiously waiting for the new ones. Might even sign up for the Patreon when I get a lil extra money!! - Love the Sonic by your Mac Studio btw ahaha

[@CamJames]

aye thank you for watching and for the support. looking forward to delivering again soon for y'all. Sonic is a small touch but it has a surprising effect on me sometimes lol

[@ardentambivalance]

Wow, I really appreciated your breakdown of the various crypto decks. That was very interesting and I've actually never seen it done before at all, as I had never heard of them. I really enjoyed this video. I got an ad for crypto in the middle and that got me laughing a lot lmao

[@kaymitchell6143]

Using NAO’s song in conjunction with the title for part four was a really nice touch. I love when people know her. 😌

[@CamJames]

NAO is the best. Her song with SiR is one of my favorites, ever.

[@chamae01]

You remind me of the old school vice days. Awesome vibe young man,and I can't wait to watch your channel blow up

[@CamJames]

i appreciate that! humbling comparison

[@Chance7137]

CamJames I stumbled upon your channel a few months ago. I must admit that I really enjoy your work. I have learned quite a bit from your videos. They have entertained me as well. Please keep up the great work.

[@CamJames]

i definitely will, thanks for letting me know fam!

[@Sonic6293]

The biggest problem with crypto is that the purported utilities have yet to be fully realized in a pragmatic matter. They haven't (and probably never will) left the speculative stage.

[@MoodyChavier]

I love your videos so much 😊 they are so entertaining and educational. The first video essay of yours that I have watched was about MLM's , you had my attention back then and you still have it now🎉

[@CamJames]

you're sweet. thank you for being here and telling me that 🖤💙

[@lakegroce685]

“You’re assuming we need to monetize every single interaction with our fans.” That statement goes so hard because it’s so true now. Celebrates, influencers, and every thing in between are constantly trying to squeeze every cent from fans. Even if they have to scam to get that money. I’m not saying they shouldn’t make any money. All these people are artists in one way or another.But why does everything have to be completely transactional when it comes to fans?idk maybe I’m just overthinking it.

[@CamJames]

You're not, and it's true. It's their management and agents. I turned down an offer to sign with an agent for that very reason. You can't get off the money train once you set it in motion and get teams of people involved. They gotta eat, and they're never full.

[@EuroexpressKrypto]

$CAMCOIN pumping fr

[@CamJames]

#tothemoon

[@strawberryfuntime]

Been LOVING your FUBU scam videos! please do more of those :) this one too

[@FreekaPista]

This is gonna be a heater EDIT: I recommend watching "Line Goes Up - The Problem with NFTs" by Folding Ideas as a followup to this video

[@CamJames]

i linked it at the end!

[@FreekaPista]

​@@CamJames 🙌 - This was indeed a heater

[@BushidoMauve]

I'll tack on "This IS financial advice" from folding ideas as well. Fantastic video

[@CamJames]

@@BushidoMauve whole series is fire

[@iVETAnsolini]

Awesome video cam! Loving your no nonsense style and attitude towards these subjects!! Keep it up brother, much love!

[@kellybaker6353]

I wouldn’t call you a micro-influencer. You are an educator and a damn good one. You have no idea how much good videos like this can do. Keep up the stellar work!

[@CamJames]

aw thanks. i used to be a teacher and that's how i saw this endeavor as well. it resembles how I'd break down info for kids, except more adult.