Which crypto coins are scams? | Vitalik Buterin and Lex Fridman

Lex Fridman Podcast full episode: • Vitalik Buterin: Ether...
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GUEST BIO:
Vitalik Buterin is the co-founder of Ethereum.
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[@mvrz6]

Lex: Let me ask you a question Proceeds to ask 6 questions at the same time while explaining the reasons behind them and concludes with his own opinion about them.

[@Tormentality]

Minimal Red proceeds to loose money in scam coins and blames others. But I could be wrong.

[@phillbucs]

IKR, the title of the video is "Which" Crypto Coins Are A Scam? Foolish of me expect a conversation about crypto coins like: Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE) Ripple (XRP). Or whatever top crypto currencies a potential investor(s) may or may not be interested in; and the opinion of someone heavily entrenched in the crypto currency scene like, IDK, a co-founder of Ethereum (ETH), might be able to say something along the lines of... Scam, NO Scam, To Early to Tell, To Good to Be True... Instead what the listeners got was a philosophical debate about buying crypto because of the people involved or the pool of investors as a whole and the guest suggesting we look at crypto currencies like companies with items purchased coming with stock options... Definitely not what I expected. Oh well maybe next time.

[@280SE]

So accurate 🤣🤣🤣

[@smartin91ddx]

lmfaooooooo

[@groundcontrol6876]

@@Tormentality Cuz that's what you do when you're correcting a typo. You put an asterisk next to the word identifying it as a correction.

[@changereception7750]

"It was this 3 minute 48 second video" His ability to recall the duration of a scam video is fascinating.

[@vischous]

kzbin.info/www/bejne/rJLFiYuhj89-n9k

[@mfl-metaversefootballleagu1819]

VB is a savant mate. (Sc?)

[@flowers134]

@@vischous Incredible

[@darkenergy7121]

Vitalik is a genius. Cool guy. 😘

[@edsongomes8019]

I think he never forgets anything…🧐

[@christinasawyerr1284]

I will forever appreciate this channel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you

[@christinasawyerr1284]

@Johanna Meier can share some tips that helped me, 1. Plan towards it 2. Be minimal on spending 3. Save money wisely towards retirement 4. Save to invest, it's a proven way to get richer.

[@christinasawyerr1284]

@Johanna Meier There are lots of investing options (real estate, stocks, gold silver, cryptocurrency, Airbnb, ETFS)

[@christinasawyerr1284]

@Steve Donard The most common mistake I see new investors make is rushing Into cryptocurrency without any guidance.

[@connerhill1797]

I agree but finding a professional for guidance ain't as easy as it sounds. cause I've been searching for one.

[@karaB8223]

@Steve Donard first thing to do is to stop all form of trade and seek the help of an expert to guide you through. allot of ppl shy away from this thinking they could do it alone and end up blowing up their account.

[@mlevel3041]

Let's appreciate the fact that Vitalik is actually asperger and this must be so hard for him to do an interview. He is brilliant and an inspiration to all the geeks in the world

[@HDVisionsMedia]

If one is being their "true self", you'll sometimes come off as being "weird". As an adult I realize that people should aspire to be considered "weird" by most people, considering most people go through life pretending to be someone they're not.

[@cyberneo10]

Let's just appreciate him because he's brilliant in general and has accomplished a ton.

[@gehtdichnixan4704]

Ass burger

[@humble_frog]

@@gehtdichnixan4704 yo lemme get some of that ass burger

[@crotchy7667]

Vitalik is a good speaker. This interview was gold.

[@conordoyle1447]

You spelled Bitcoin wrong

[@etsme]

Are you being sarcastic here? Somebody that speaks through their nose and constantly stutters are not classed as good speakers, Vitalik is vaguely informative, I'll give you that.

[@conordoyle1447]

@@etsme Yeah I was kidding, Bitcoin is basically digital gold so I made a stupid joke

[@abhishekgadag9457]

Bet he can make bang kermit voice!

[@fmalexander5555]

Are you an ETH holder?

[@Nohledge]

Never thought Vitalik would sound like this, hahaha. Honestly such an interesting person

[@johannesfourie4053]

Clearly an intensely thoughtful person.

[@samvitjatia951]

@@L7Fx you must be a minef

[@MoeHtown]

This is the better version. Imagine him when he first started ( I think he was 18 then )

[@salovamrani2084]

@@L7Fx he meant miner

[@kickpublishing]

Still waiting for Craig Wright to declare that he is the real Vitalik Buterin

[@TeflonTipz]

LMAOOOOO

[@nthny1875]

Jokes on you... But rather then debate someone who is uneducated in this matter.. Google: • "most shorted Crypto ever" • "Bitcoin original protocol" • "BSV NFT'S" • "BitcoinSV Zurich Switzerland" • "BSV licenses and patients" • "Lightning Network" • "Tether stable coin BTC" • "USDC stable coin BSV" • "BTC mempool problem" Basically BitcoinSV is BTC + ETH + BNB + LTC + KZbin + Twitter.. all in one.. but better. This is why people call it a scam... It's the only threat. How? Because they are the only Crypto to focus on building an enterprise.. rather then pump value.. you've been warned. Take care.

[@mibjt]

That would not make him a scam but instead the REAL scammer

[@marxamillion5576]

"patients"? BSV is harming people?

[@christiansantos7164]

😂😂😂😂😂😂

[@thomasminor6376]

love Eth. Can't wait for 2.0 to take affect

[@francisformlyknownasc.i.a2128]

“The humans they get.... “ I’m convinced he is an alien .

[@nerolowell2320]

No, humans are the aliens

[@brefavre4]

@@yvonjasser You get it ;)

[@alchemyalchemist111]

Him and Elon Musk

[@raygrenade1697]

I think he just understands human nature and how our brain tends to function. We are really just monkeys with phones bruh

[@stonekase]

Carlos of Bitconect is a legend at this point 😂😂😂

[@bloodaid]

Good old times WASSAWASSAWASSAWASSAWASSAWASSAWASSAWASSA

[@zakblue]

poor guy his wife left him after all that

[@TheBanterCity]

@@bloodaid imagine ppl who lost money

[@bloodaid]

@@TheBanterCity Yeah. imagine not using fundamental critical thinking to understand what pyramid scheme is, and also YOLO'ing most of your money into unproven concepts. Never invest more than you can afford to lose.

[@bendover2425]

Is he in prison? Lol what’s he up to?

[@coreyw2124]

I agree, I only call coins that have creators with bad intentions scams. Other coins with no utility are just shitcoins. Safemoon, doge, shiba, cum rocket. Other coins that are genuinely created to have a purpose, but are failing for one reason or another should have a different name

[@Cowtymsmiesznego]

I actually do think Safemoon devs are deliberately lying about some stuff. Idk about the other ones you mentioned, haven't really followed those.

[@Prosecute-fauci]

@@ronagoodwell2709 oh yes... Doge. The coin that was created with the express intention to............................................

[@marcelkush]

Shiba coin gets Shiba swap....

[@edubb2491]

@@I_SuperHiro_I ?

[@edubb2491]

@@ronagoodwell2709 facts

[@kasterkemal]

Perfect interview 👏🏻

[@akj3344]

His stock with mc or a pc example is so brilliant. Great way to think about these currencies.

[@BrainDetail2020]

Great observation at end.

[@quickschweezy]

People might not realize but Vitalik literally memorized the english dictionary. I know he's savant, but this is crazy. The way he used earnest with all 3 verb definitions and overall his radical improvements since the first round.

[@curiouspilgrimtours91]

Refreshing, insightful - Signed up!

[@DamonD_Absences]

PLEASE have Nick Land on to discuss his book “Bitcoin and Philosophy” in a more lay setting

[@trond1109]

The Bitconnect meme is my all time favorite meme. Gets me every time :')

[@benywoka2697]

2:00 Onwards

[@SingularityAGI]

Vitalik spoke well this time compare to his last episode...

[@FPFPV]

Vitalik remembers the exact length of the bitconnect video, three minutes forty-eight seconds. lol

[@asianpower3000]

Basically never invest into coins people try to shill in comments.

[@nothingisawesome]

so no safemoon, got it

[@jaygill3658]

People fear what they don’t understand. I remember when people said the same thing in the late eighties and early nineties about the internet. Crypto is here to stay. And like the internet will continue evolve, into the currencies of the future. The ones who are smart enough to see this and get in on these currencies early, will benefit greatly.

[@BokeemWoodbeezy]

Exactly

[@Kevin-kj5th]

Yup. Just the right ones. There will not be 100s of various coins in the future per country. Just like there isn’t 100s of different internet’s

[@stevess7777]

@@Kevin-kj5th Hedge your bets my friend. Don't hold forever. Ride the trends and hop in and out.

[@Kevin-kj5th]

@@stevess7777 yea I’m attempt to trade using btc as my main pair. It was much easier for me to win when I just traded using USD. Btc trading seems more difficult for me because there is two volatile coins versus one. The market tends to move with btc but not always or in the same way. Btc Is the main coin im really going to focus on building up and holding. I have a feeling if all other coins don’t crash then when the worlds governments make their own it will be transferable to the governments coin. The don’t want decentralized currency. It’s all about control and tracking who has what. At least that’s what I believe

[@advancedgrowery5866]

what does he think about HEX

[@harambeinhumanform]

Laughing my ass off "hey Hey hey!!" Can't believe her brought it up lmfao

[@thinkbeforespeaking7962]

What about shib?

Thanks for sharing your thoughts

[@terencenordberg7482]

Lex uses the term “humans” as though he’s being inclusive to robots

[@nuggzay8556]

LMFAOO

[@zoranith]

yeah, best reply right here boys (human boy's only, I mean.)

[@Alex-wx9sd]

Lex rightly points that most of the so-called bitcoin maximalists are not open to new ideas and criticism. They dismiss anyone who raises some constructive criticism about bitcoin and instead of thinking deeply about the criticism they attack the person which is very sad.

[@bernioakes7049]

What a great mind. Genius

[@state030555]

very intelligent man love his mind

[@billyelliot4141]

@Charles Ford meaning occurs through difference. You as the observer will have to decide why. As only u can see what u see. From your perspective.

[@tommygalbally239]

Thank you, you’re not so bad yourself 😉

[@cryptosfool]

Many people think Vitalik is a robot, but in this interview he is much more livelier than Lex. Lex sounds and looks a like a robot.

[@StephBougie]

Both are robots from 2050 true story

[@titsonafish]

Vitalik: speaks Lex: Interrupts to explain his own thought process What is the point?

[@inobi30]

He's no dummy but there is levels. Not everyone thinks as quick as Vitalik.

[@Blashmack]

Lex is obviously much smarter than the average man but he is still a man with an ego, even not a huge one. The nature of his job means that he is the product. I think that guides him to always push his point of view in discussions.

[@titsonafish]

@@NM-ex4jk no point recording it for others then.

[@steeezyb]

If you want a monologue go to vitalik's website

[@GrimDarkDude]

It’s a conversation, it’s why Vitalik is so comfortable

[@philoz08]

I have this gut feeling that both of them thought of HEX at same time in this conversation.

[@ProfessorOaksLaboratory]

Is hex coin a scam?

[@philoz08]

@@ProfessorOaksLaboratory Don´t tell their cult leader and his army of HEXians but it is very shady stuff to say the least. But as long as it goes "to the moon" most won´t care.

[@proddreamatnight]

Appreciate you Lex

[@savagemonkeyswanger385]

Anyone ship when Lex talks scrubbing to the guests pov

[@wsjacksonjr]

And it's always important to remember none of them are actually coins

[@genzcurmudgeon8037]

Digital tokens.

[@bendover2425]

And USD isn’t real money

[@genzcurmudgeon8037]

@@bendover2425 paper money backed by nothing. Yep, just as nebulous.

[@bendover2425]

@@genzcurmudgeon8037 at least bitcoin can’t be printing into oblivion. Already superior

[@genzcurmudgeon8037]

@@bendover2425 bitcoiners say that the bitcoin can be infinitely divided, constantly. Therefore essentially printed into oblivion can Are you wrong or are they? I think you’re talking about gold ;)

[@John_Darsh_42]

Excuse you what about Nano?

[@des7638]

Good point

[@fredrickmilestrades3583]

I think valid argument that the market is doing exceedingly well too for this week a relative to it's past

[@markfrank5284]

Silver and gold are good but crypto is best

[@EddiXP]

Vitalik knows exactly how long the bitconnect video is randomly lol. Hes such a nerd i love it lol

[@boomforreal2614]

I think Vitalik described most of America... and maybe, the world of business - citizen consumers who wouldn't support anything unless they got skin in the game.

[@WillS-pl8wg]

Someone else desrcribed vitalik as the quentin tarrantino of crypto currency.Now i can’t get this vision out of my head.I admire both of their work.

[@Jamesthestruggeler]

2:01 Thats where it’s at xD

[@MrDpof]

Funny how they have a specific coin in mind but never mention the name of the coin... Common...

[@aaronpoage597]

A increased way to monitor how we live.....simple. every transaction and key stoke logged forever on the chain. Why is that so hard to see

[@ashtonj8082]

all of them

[@BrockNelson]

Lex needs to have Craig Wright on. If he’s going to let Vitalik come on and talk shit about him and BSV he should give Craig the opportunity to defend himself. Notice how Vitalik doesn’t like describing why BSV itself is a scam.. he focuses on Craig Wright. “I mean yeah theoretically you could write transactions to it and theoretically yeah you could use it to backup files.” LMFAO yeah Vitalik that’s exactly the point. You can do those things. I already have.

[@markarend8226]

A honest interview,for that I give ya a Abo

[@huwgrossmith9555]

All of them

[@dimo3872]

i uploaded a bitconnect alarm ringtone lol

[@sherminator7108]

Vitalik has a great voice for a gps. Imagine having his voice on your google maps.

[@chriswilson8118]

Markets require confidence. A lack of confidence is uncertainty. As one of the preeminent voices in the community I’m struck with how unconfident he seems. When asked directly about scams He had no reassuring come back. This is a problem.

[@Metaldetectiontubeworldwide]

*Big Solarstorm , bitcoin's Nemesis* Please can someone , explain me what we gonna do in case of an *Carrington event* I wanna trust this crypto's ..but i have like 5 reasns that undermine my coinfidence in it 🥶 Greets johny geerts

[@carmelo8512]

So you are skeptical about Tesla ?

[@petermeszaros3849]

The charisma is off the chart in this video. LOL

[@marcelkush]

Last seconds...that energises the army of people's. Shiba army 🐶🕶️

[@maciejjankowski5378]

Interview with Richard Heart #hex #richardheart #pulsechain

[@ContraryClipsHub]

GSX Apollo fintech are supposed to be a scam

[@captivesojourner]

05:50 Dog Matic 🤔 hmmmm DogMatic Coin (DMC)

[@ereneren318]

What about Safetrees ???????????

[@benjaminboothe2339]

Intelligent guy. That comparison was spot on.

[@SF_Curious]

Is BEPRO coin a scam?

[@draganpavlovic7847]

Thank you Lex, always a pleasure to watch your videos :) We are a new formed community driven project, where from small to big Investor everyone has an equal Influence on the direction of our project true an upcoming Votingsystem.

[@jessewallace12able]

All of them.

[@verajneb6090]

Scams from 2017 can't be forgotten - I remember OneCoin and MCAP by GB Miners - damn ppl got sucked in and remained bullish 🙄- yet I lost a big bag to Arise Bank 😭

[@tunguyenngoc7274]

Hi Vitalik, just a small correction the mentioned Bitconnect annual ceremony was held in Pattaya Thailand, not Vietnam.

[@carlospenalver8721]

He looks like Quagmire, you should have asked him to say “keekeerykeekeekee” 🤣

[@unacceptableview8949]

BSV is the boogie man Lol

[@NoticerOfficial]

Lex: so what are you gonna do next? Vitalik: imma ruin Craig’s whole career in 10 minutes

[@YMH420s]

Someone give this guy some food. Even rice

[@learninshorts9475]

He is very lean,,but has extremely future intelligence

[@grey_north9016]

= ICP

[@samoke4527]

if I close my eyes all i hear is kermit the frog talking about crypto

[@Gunjaroo]

Thanks for the info Jimmy from South Park…

[@Gunjaroo]

MIOTA FTW!

[@Gunjaroo]

@lex Clíps got Signal?

[@Gunjaroo]

@lex Clíps seems Risky…who are you?

[@beaconterraoneonline]

Scam suggests bad intentions, versus just something that carries a degree, perhaps high degree of risk to success.

[@chychywoohoo]

All of them?

[@x_____________]

just say you don't understand the technology and move on Matthew

[@larslover6559]

"Some are legitimally trying to scam "

[@relicboxing]

Like Ether

[@theunspokentruth5987]

Grey area 🤔 99% of crypto is a scam the hard bit is picking the 1%

[@slovokia]

The comparison at the end of this video is apt but what needs to be added is the religious like fervor of people who got rich quick primarily because they “believed”.

[@dustinviola4822]

Every time someone says skeptical 6 times in a row, it makes me skeptical 🧐

[@quickschweezy]

hahahah thanks, made me laugh like a mofo

[@titsonafish]

Hey Lex, we want to hear Vitalik and his thought process and answers to your questions rather than yours.

[@qqww21vvf]

bro is this an interview with the MIB (Men in Black) with an alien they just captured

[@cryptosfool]

One day we will realize that Vitalik is a giant Einstein among us...

[@WojciechBUD]

What's the value of a dollar if the whole world isn't agreed to have it valued at 1 dollar? We put value on things that may have 0 value at all. I think things can also become scams as soon as people get greedy.

[@erikmclaughlin8244]

Hey lex. Thanks for interrupting him when he was listing the spectrum of scam coins. Best part of the video and you completely cut him off and derailed what we all wanted to hear. So BSV and TRON are scammy but you cut him off when he was going to list more!

[@noTH9IK]

Exactly. What should I do now? Sell my TRX?

[@alecc9340]

Lex is spot on

[@toddkorson6390]

Scam is as scam does. Scam spectrum.... just the fact that people think that way. Scam spectrum, think about that.

[@themagikian4237]

Hahaa I try to stay away from looking into space exploration! And VB never included Eth in his "not being a scam list"... hahahaa!!

[@shaneblevins9606]

Is carmacoin a scam? It's an Ohio local thing that all my highschool friends have bought into and are posting pics of them standing next to a supercar. I can't find it on reg exchanges. Anyone have any info? All my peeps are 35ish and have kids and such. Hate to see my whole highschool class get scammed.

[@nailujbo7826]

Maybe someone of them created this Coin and now scams his friends. Crazy times

[@user-ck5yq8xl3p]

The right question is which aren't a scam

[@rhysmiller1459]

How can you ask a question and not once look at your guest in the eyes?

[@tommygalbally239]

Go slap a fish

[@ilijantanjga3659]

Vitalik is a Great guy inteligent and funny haha "hey hey" part was crazy funny haha

[@tripleskittlez]

Lol intelligent is an understatement. Hes a genuis

[@Onchaingame]

I’d like to know one thing you don’t talk about how much the gas fees are Ethereum will never work with gas fees that high that’s why you have to look at BSV, any side chains are not on blockchain

[@moemoney7773]

This is exactly how I pictured him, except he got lasic

[@Zikofj]

Spasibo za vse shto ti delaesh Lex!

[@escre]

SHUSKY wants to contact vitalik to apologize and talk about charity options

[@HessuHesekiel]

Cardano is such a cult . I 'm not saying the tech is Bad, I'm not technically cabable to say that. Maybe cultish people tend to flock around certain projects. Cardano is much more idealistic than some other coins after all and idealistic people are naturally more cultish. Polkadot on the other hand as a community is like 99% about tech and no cultish vibes there. People just believe in the tech - for a clear reason.

[@RELAXnRENOVATE]

crypto runs on public sentiment. That's my billion dollar lesson. I watched BTC rise and never took action because I too was concerned about a perceived cult like interest....What I learned is that the public interest is behind the rise in crypto value.

[@rep_eye2826]

Funny guy and good speaker. For sure he deserved a role in The Simpsons.

[@cryptocovered4729]

BSV, TRX….