New Rule: Crypto Mania! | Real Time with Bill Maher (HBO)

[@bob-0505]

Can’t wait to watch this in 10 years

[@JewTube001]

why? he already addressed how the market cap doesn't matter.

[@nothingmatters298]

🚀🚀🚀🚀🚀

[@ronnieredneck9162]

Or ten days...

[@kalalakapay]

For his sake, I hope it ages well. I hope I am alive to return here and say "how did it work out"?

[@ronnieredneck9162]

@@kalalakapay just calculate your gains if you just put your first stimulus check into BTC. Ahhhh duuhhhh. 🙄

[@JayBoog0729]

I promised to come back to this clip at least once a Quarter. This is starting to age like fine wine.

[@Otter-Destruction]

lmfao beat me to it!

[@teddymonadnock9724]

Wait another 3-5 years. Remember who’s the people who always shitting on new tech.

[@johnjames502]

@@teddymonadnock9724 Crypto isn't "new tech".

[@teddymonadnock9724]

@@johnjames502 you don’t get crypto if you think it’s old. Most blockchain networks are still in development stages.

[@tmo4330]

@@teddymonadnock9724 Crypto is not technology, it is dung. Hope you didn't buy any. Before you do buy, you need to rewatch this video and watch Warren Buffet's comments which are all over youtube.

[@Drizzle52693]

“I don’t understand it but let me explain to you why it’s bad”

[@Matthew-cw3gn]

He doesn't understand the appeal. He fully understands how it works. It's just another ponzi scheme for doomsday lolbertarians.

[@Shawnwick11]

Bill is clearly over his head. He literally blames bitcoin for the 2008 subprime mortgage crisis.... lol. Bitcoins publicly visible transaction log would have PREVENTED wall st from being able to repackage these useless loans derivatives that received an A rating.

[@griffin5779]

Not what he said ... he said i don't get and neither do you and i'll explain why .... Now if you do understand ... and have points to refute the objections the questions he raised .. please share :)

[@lauralishes1]

@@Shawnwick11 Um no, he didnt say that "lol"

[@lauralishes1]

@Sean Ryan Exactly, it seems some people just like to lie for meaningless KZbin likes.

[@technomage6736]

"Cars are bad for the climate, but at least they take you somewhere. In Tiger Woods case, a tree." Omg I spit my drink 🤣

[@RickNYC732]

Meanwhile half of all the USD in existence were printed last year.

[@valzod3808]

I swear man. All money only has the value that people put on it. It in and of itself it's worthless. It's all worthless

[@chineseviruszombie773]

There is a huge difference, dollars are not being speculated on

[@antonpopov2480]

@@chineseviruszombie773 there are literally markets for dollar speculators...

[@GuitarguyRichard56]

money is just made up to. Lets print some more!

[@Bat_Boy]

Guys...no matter what you do, don’t tell Bill about NFT’s 😀

[@SmokehouseBayouSmokedMeats]

KZbin, please suggest this video to me again in a year. Carry on.

[@TheHeretic435]

It will age so badly I downloaded it.

[@cautarepvp2079]

@@TheHeretic435 download why?

[@steveknows62]

@@TheHeretic435 You mean because cryptos will still be here, or because they will suddenly acquire an intrinsic value. The former is likely. The latter will never happen.

[@Ajaxx47]

@@TheHeretic435 lol that’s a good call. People are going to feel so stupid in the near future. To hate against bitcoin and crypto is seriously a detriment to humans.

[@rusty0303]

Bill Maher is nearly 70. When you get past the hair dye, the Bosley implants and plastic surgery, He's literally nothing but a typical, kooky old man who hates everything he's not familiar with. It just so happens he's also a trump hater, so the mainstream indulged him a little longer than it normally wold have. But rest assured. His days are numbered.

[@t.g.troughton8245]

This is gonna age really well, or really bad.

[@caldwelldy]

Really bad. Really really really bad

[@Shajirr_]

its already gonna be quoted as "old people talk about things they don't understand"

[@darkovasiljkovic135]

Senile tier argument by Bill literally geniuses behind some of these blockchain tech that will revolutionise the economy in the future.

[@h2w25]

This is so embarrassing for him. He’s condemning something he knows nothing about.

[@mmmodafoca]

The way i see it is.. it's another unregulated bubble... what happens when there's no regulations or rules for a bubble.. it grows, what happens when it grows too much?? who knows.. Kablooie!!

[@gabrieljordan8015]

This is aging like fine wine.

[@jrb2474]

Too soon. Come back in August 2025

[@mikev7355]

I'll take that bet.

[@g.d.graham2446]

Definitely

[@eagle13rodgerthatradar]

no no divine milk is the Golden Ticket it comes from a bull rocket bottled in glass with a creamy top of delightfullness😮❤

[@eagle13rodgerthatradar]

@@mikev7355 too or bottoms😅

[@spags8223]

“Easter bunny cartoon cash” idk man, sounds a lot like the US fiat dollar.

[@AfterKai48]

At least its backed by collateral aka U.S Citizens since1933 via house joint resolution 192 and trading with the enemy act. Bitcoin is backed by Chinese miners powered by coal.

[@illuminatti5542]

Sounds like an offended nerd lol Internet is full of ponzi schemers selling imaginary shit

[@dementedacademic]

@@illuminatti5542 lol can't stand these crypto shitz.

[@Buhm01]

​@@illuminatti5542 It's almost like in the "real" world... crazy... So because some humans/cryptocurrencies are criminals, ALL of them must be criminals... Yeah... that sounds like a familiar argument from a different discussion... I thought we were beyond that point of "reasoning", but not quite yet... not quite yet... ah well :) Have fun and good luck with your personal investments, whatever they may be. I wish you good fortune none the less. :)

[@LordGalenYT]

@@AfterKai48 Exactly. The U.S. Dollar has value because we all pretend that it has value. Same as bitcoin. Same as ANY fiat currency.

[@n.e.g.u.s]

“It is well that the public of the nation do not understand our banking and monetary system, for if they did,I fear there would be a revolution on our doorstep before tomorrow morning.” Henry Ford

[@therrydicule]

So the solution to the bad economic system is an even worst one? With pump and dump schemes and ponzi schemes? That thing gonna crash eventually.

[@surprisebatseks]

@@therrydicule Everything you describe is also part of the conservative financial system. Crypto is just a potential for change.

[@666ssn666]

@@therrydicule The stock and housing markets are going to crash in a big way within the next decade. But let's just ignore that.

[@paulspringwood7190]

The guy who was a notable antisemite and thought Jews were taking over the financial system.

[@overkall1691]

Lol crypto is fraud... it's going to come crashing down on you why do you think they're financing the IRS? All of your internet data is screenshot by the FBI, nothing you do is impermanent or private. You are screwed.

[@louischi]

you're right! Let's print some more money.

[@nancylavalley633]

Yes, cash, the real monopoly money

[@2LegHumanist]

Nothing wrong with printing money if you're familiar with modern monetary theory.

[@franke102]

Lol for real. Bill is a big bank shill.

[@Jcava5]

@@2LegHumanist mmt is bullshit to justify bullshit decisions

[@franke102]

@@2LegHumanist Modern monetary theory only appears to work, because we're the fiat currency of the world. You keep printing money and the other countries will move to another standard. Once that happens to us, you'll understand just how stupid modern monetary theory is. Modern Monetary Theory = Death by a Thousand Cuts.

[@Mr.Facebox]

Not being sarcastic when I say this is Aging very well.

[@levelupmonkey3488]

Hi Vic 👋How so?

[@nikone4129]

Considering in 10 years Bitcoin went from $11 each to $17k each I'd say you have a bad memory for financial history.

[@HandleThiSS88]

​@@nikone4129 28k today. Bill is bitter and so are 90% of these comments

[@nikone4129]

@@HandleThiSS88 2 Days Later = $30k

[@barfyman-dm6zx]

50K today

[@cryptohacker9295]

Guys, it confirmed. We are still early.

[@Lobsterist]

I love you.

[@bigsmokcrypto]

BIG FACTS 💯

[@AdrianMark]

the crypto circle jerk begins ^

[@mattizzle81]

@@AdrianMark We have gone through this already since 2013, the only people jerking each other off are those who said "it's dead, party is over" in 2013 and didn't learn.

[@atalkingafro9632]

Yep this video was very reassuring. Thank you Bill Maher for keeping your followers stupid for us.

[@kiddada3]

Came for the Monologue, stayed for the comments 🍿

[@HughJass-313]

But this isn't the _Monolouge..._ It's *New Rules.* ❤❤

[@samus598]

If you're coming to Bill Maher's channel to watch his content you're doing it wrong. I come to enjoy the comment section as an old Boomer yells in the background telling me to get off his lawn

[@Roycebert]

I came for CumRocket

[@seanwilkinson4199]

@@samus598 C

[@moriahsavage5275]

LOVE IT! & YOU, BILL!!! IT'S FINANCIAL "DISNEYLAND" and, just before I die.. Hooooow appropriate!!! 😔🤗💚💤💤💤💤💤🇺🇸

[@ddbauer]

Can’t wait to see the “can’t wait to see this in ten years” in ten years

[@matthewaislabie7354]

10 years..? um you'll only need to wait ...10 weeks !

[@8088I]

Oll'ld Bully Boy ... jumped the 🦼🦈 shark with this one! Ssaad!

[@chrisr3120]

In 10 years the dollar will probably already have hyper inflated and crashed. That's the kind of thing that tends to follow having 40% of your currency in circulation printed in the span of a year.

[@expertnonexpert3826]

@@matthewaislabie7354 10 weeks for what exactly? what's going to happen? My bank will become CumRocket?

[@GoharioFTW]

you have been summoned early get rekt fool

[@xanzibar5374]

Returned to watch this after the fall of FTX.

[@taylorjsam]

This clip is going to age about as well as Bill Gates on David Letterman trying to explain the internet

[@jojopuppyfish]

This clip is going to age well after Bitcoin finally crashes

[@8088I]

2+Trillion U$D in Crypto value can not be dismissed or 🦶🦶🦶...🦶 +++> ignored. Reality!!! ... is what it is. ... It''$ independent and immune to sentiment, dogma or tradition.

[@8088I]

It is essentially a shield from all the kraterocratic shenanigans from all the corporate oligopolies and desperate global Central Banks. A Shield, for a true store for Value for here and beyond; true = independent, incorruptible and Universe-al.

[@8088I]

Nobody is going to collapse 2+ Trillion U$D of Wealth from the economy, "today" - which will only grow at an exponential rate w.r.t., eeevven, the M2 U$D in value, into the future, tomorrow. ... That's the "reeal" Reality. :-))

[@kokujin5446]

@@jojopuppyfish lmao it won't tho but the US dollar is dying right now lmao

[@bobcostas5094]

I’d love to see the comments a year from now.

[@MrCRobATL]

@ Bob Costas, I, too, am looking forward to seeing how well a lot of these naysayers' comments age...lol. Sadly, a lot of people are clueless about the changing services and infrastructure rapidly changing all around us...blockchain, Bitcoin and other cryptocurrencies ARE the future, whether the naysayers acknowledge them or not.

[@divine0enigma]

I will be a millionaire a year from now.

[@204local3]

Bill is probably still looking for a Blockbuster so he can rent some VHS movies.

[@rb8058]

There’s nothing like Vaudeville

[@GoharioFTW]

i am a time traveler that has summoned you 3 years later. you are welcome

[@globetrotting2632]

When I first saw it I couldn’t agree more with Bill. Fast forward to November 13 2022.

[@hridesh_xd]

I think Elon Musk just saw this video.

[@kirillpetrovsky5830]

Yep, came here to say the same :) and for that alone, Bill should be commended

[@Balogun20]

Thought the same thing too.. yep.. looks like Bill Maher is watched by all the movers and shakers of society..

[@LindaLinda-nr5qk]

I think this is an excellent buying opportunity🥰

[@fahimp3]

Elon will probably just move on to proof of stake based crypto which requires very little energy...

[@LindaLinda-nr5qk]

@@fahimp3 I don't think so.

[@HughJass-313]

And yet... the *USD* is based on _Nothing._ *(since August 1971)* 🔥🔥

[@trajan74]

Except the productive capacity of the country and, if that's not enough, the might of the imperial military.

[@randmeller]

Not on "Nothing"...but on "full FAITH and Credit" of the United States government. So as long as you believe in the US Government the dollar has some value...Personally, I'll put my faith in Tinkerbell.

[@bsg806]

Wrong. You need US dollars to pay your taxes what gives it an inherent value.

[@HughJass-313]

@@trajan74 I'll definitely give you the *Might of the Military* 🔥🔥🔥 But you can't make THE REST OF THE WORLD accept USD... if they don't want to. and Especially since... the US doesn't MANUFACTURE anything anymore! (they didn't even manufacture FACEMASKS a year ago) See what I'm saying? ❤❤

[@zombiekilla7463]

97 % loss of value

[@mrobin723]

This monologue MUST be turned into an NFT...

[@tonybologna9158]

I got five on it

[@derekazyan9942]

I’ll buy it

[@kentuckysugarbear9644]

Hahahaha!! Burst out laughing in a coffee shop when I read this!! I bid 10, btw!

[@HypocritesExposd]

11 good sir! This bit should should be one of the most valuable NFT’s of all time

[@renzovalenzuela8753]

I'd definitely buy it. Wait 10 years

[@michaelmancini5773]

I’m conservative, but very open to peoples perspective, listen to you all the time, this was a spot on segment

[@screaminpman]

Bill doesn’t pull his punches, and whether you agree with him or not, he usually has a good point. This segment opened my eyes to crypto at the time.

[@michaelmancini5773]

@@screaminpman I don't agree with much of his politics, but he has the balls to come out against the crazy left loons with some common sense, and frankly obvious information that makes them look stupid, and I like that.

[@screaminpman]

@@michaelmancini5773 Yup. And he has plenty to say about the American Taliban that’s currently running the GOP.

[@TheHigherVoltage]

@@screaminpman Check out R J Rushdoony. He wrote the playbook they use.

[@tmo4330]

@@michaelmancini5773 Same here. Sometimes Bill seems to know what he is talking about. Other times he quickly reveals that he is a complete fool. You can't say he is a fence straddler.

[@p3st0lino]

"...creating billions in virtual space with nothing ever accomplished." Congrats bill you figured out what our banks are doing all day.

[@valgehiir]

Banks mostly operate with real money, money backed by GDP. Crypto is Las Vegas play money, I hope you win, but most will lose.

[@wideasstv]

@@valgehiir do you mean debt which has surpassed 100% of gdp? GLWT

[@cryptopian247]

Great one 🤣

[@JesseFaught]

@@valgehiir "Real money backed by GDP" Fiat money exists mostly in a digital format, just like cryptocurrencies and stocks do. If a places GDP is the backing or foundation for a currencies value, couldn't you also say crypto currencies are backed by the GDP of the people buying it? They all require faith/hope that you'll be able to trade that currency for something else of value later.

[@misterl0gic]

@@JesseFaught Actually crypto is backed by a ledger that keeps track of all transactions.

[@senister14]

I really question why they cheer so hard about things they don't understand.

[@Heathcoatman]

Someone doesnt understand. Are you sure it's them? Let's revisit this in ten years and we'll see how this all plays out. My guess? Not how you think.

[@LeeX12]

I agree with one thing"peoples greed will drain this earth"

[@DunmoresMovieMania]

The "earth" won't be drained. It will just become inhabitable for humans. Can't wait for that day. Hope it is in my lifetime-- I mean, deathtime.

[@kurtjohansson1265]

Both of you are wrong. Nuclear power can fix global warming. Quit being so nihilistic. Clean your room.

[@jayallen1339]

1 Trillion in loss,Bill was right

[@antun88]

One of the first I saw that called it like it is.

[@nikone4129]

How much did stocks, like the S&P 500 lose? Which has done better during the recession, stocks or Bitcoin?

[@antun88]

@@nikone4129 Shouldn't bitcoin be, like a currency or smth? Used for buying and selling stuff, instead of waiting go up so you can get rich?

[@ronanfitzsimons9669]

was he still right?🤣

[@thetransplanner]

Me through this whole thing: THAT’S WHAT ALL MONEY IS!!!!!

[@mythos4]

Nooooo.. the paper money is REAL.. dur dur dur (sarcasm)

[@bulbadoth]

Yaa I think the concept of money has flown right over his head lol

[@myes344]

Not all moneys beskar value skyrockets.

[@mmmodafoca]

yes, but you're introducing to an already volatile "real" money system.. more imaginary currency, that only exist on the internet... how can you see that scenario and say "well this is soo simple to figure out.. it's sooo simple!"

[@caseymarion5314]

That's why I only save in 2x4 lumber beams.Lumber to the moon!

[@rs4990]

I like how Bill openly admits that he doesn't understand it and everyone claps and they don't understand as well.

[@allanpoffmtg]

EXAAAAACTLY!!! Just a room full of seals clapping their flippers together for stinky fish. Literally, nothing he said was based or backed by any fact or statistic. All false numbers and incorrect comparisons.⁸

[@rymdalkis]

Oh come on, it's not like you understand it either

[@Shatter84]

Except, the more you understand Bitcoin, the more you understand that it's not working. It only courts attention when it goes up in fiat value, which shows that people are using it to speculate to get more fiat. It's too volatile to be used as a currency and it doesn't have any utility.

[@allanpoffmtg]

@@Shatter84 🤣🤣🤣🤣🙈

[@allanpoffmtg]

@My Tale 🤣🤣🤣🤣🙈

[@danawestfall8315]

I printed out Mapquest directions to get here.

[@dogglet1]

damn, i remember those days lol

[@bry2k]

Can you IM those to me on AOL? 😁

[@Lapusso650]

@@bry2k lol

[@chilldudie242]

Lmao this reminded me of my 2002 Subaru

[@steven2183]

listening to my mp3 player

[@walcoman]

My neighbors, a young married couple with a 2 year old rent a basement apartment. Got into bitcoin buying, they're still struggling to pay rent three years later. 😒

[@skeetermcswagger0U812]

I've had friends, neighbors, and customers tell me about their investments in these digital currencies over the past 2 and a 1/2 years and they said it was so great and I didn't know what I was missing out on and told me if I learned how it works I could benefit from it too........... ...... and not one of them want to talk much about it anymore.💁‍♂️

[@FiveBlackFootedFerrets]

Bernie Madoff would have loved Bitcoin if he was still alive.

[@JimiHL]

Bill: "I don't understand bitcoin and neither do YOU. Now listen to me as I explain how it's nonsense."

[@dementedacademic]

He understands enough to know it's a Ponzi scheme..

[@managerialelitetoaster3456]

@@dementedacademic Fiat money is a Ponzi scheme since the government forces you to use it at gunpoint. No one forces you to use Bitcoin.

[@dementedacademic]

@@managerialelitetoaster3456 money is not a Ponzi scheme...the govt guarantees the value... Wtf

[@managerialelitetoaster3456]

@Sky Gardener Well sure but that's like saying if I invest in companies on the stock market and they go bust I lose everything. With fiat money the fact the government continuously adds money to the economy reduces the value of fiat money. If you had $100k last year it's now worth $90k, and so on. All the government does it devalue your money. On the other hand there is a limit to the total number of Bitcoins, thus the more people who use it the more it's value increases.

[@managerialelitetoaster3456]

@@dementedacademic Guarantees the value. By continuously decreasing it's value. Everyone uses fiat money because they're forced to, people use Bitcoin because they choose to. Because they understand how Bitcoin actually works unlike Bill Maher and his audience.

[@Finnian7257]

This put a huge grin on my face. He just reinforced that we’re all still hella early in the game 🔥 💰

[@crackcrock]

lol we're ganna be rich af HODL THE LINE takin these boomers cash

[@Klote3241]

lol so true... there aint no difference in a paper dollar and a crypto bit. we all attach value to it because we want to... i cant eat a fucking dollar can i.

[@FreshMulch]

@Papascrub I’m not in denial I just bought a Denali

[@poopoomcpeterson137]

@Papascrub The only person in denial here is you, people are making hundreds of thousands of dollars and I've personally made 20k since I started last year, but just keep dismissing it as "fantasy internet money" cause the tv talking head told you to while him and his buddies are all buying into it.

[@LakeAndBake]

@@poopoomcpeterson137 people always make money before the bubble pops

[@WickedGamez]

Good thing our money is backed by gold - and we’re not all just pretending like it’s not backed by anything. 👀

[@KillScreenCS2]

SARCASM ALRT

[@sidetrack218]

@@KillScreenCS2 What? You mean it's not? Hodl on

[@luke_cohen1]

The US dollar is backed by the size of America’s large and relatively stable economy. People bet that the economy is going to generate trend upwards and continue to influence the globe, so they put more value in the power of the American dollar, thus strengthening the currency overall. This overall stability is why we stopped using the gold standard, because commodities don’t have such stability and can fluctuate greatly.

[@WickedGamez]

@@luke_cohen1 some would say our economy is backed by debt and interest rates. Bitcoin is backed by thousands of users. And a cap of 25 million bitcoins. As of today they are worth a lot. Both are very similar. Minus the debt, and interest.

[@StevoSwiss]

Wait, in 1890, money was completely backed by gold. And gold was backed by...people believing a hard-to-come-by shiny metal was worth hording underground. There's enough gold out there that's been mined, to cover every 5th building from top to bottom in a thin layer. So even when currency was backed by gold, Gold was the BS that people believed in. It's not like the world needed gold then. Funny enough, now we do. Pitty too, because most gold is still packed away underground by governments for antiquated reasons. Lol. I hope they bring it out so we can use it in tech, and maybe back USD currency with Bitcoin... that way the "worthless nothing" that's believed in by millions, will serve a bigger purpose, and not be taking away an element like gold, which we need as a electrical conductor in most electronics.

[@marquiswilliams6082]

That’s insane how much energy it uses. I don’t see nearly enough comments addressing this fact.

[@heliosone1]

People never truly think.

[@enderwiggin8947]

I’d reply in full but I don’t want to use the energy

[@g.d.graham2446]

It's pretty terrible

[@eksortso]

Bitcoin uses a lot of energy, but the system scales with the number of transactions. Bill's figuring was BS because that scare-mongering factoid was based on a false assumption about the per-transaction cost. Here's an analysis. And they're not even climate change deniers. kzbin.info/www/bejne/pKfXeIRjbLRkitk

[@hawks5999]

2023 headline: Bill Maher reveals his top crypto purchases of 2021.

[@jonplaud]

He probably invested in Dogecoin.

[@loudawg907]

He’s holding bitcoin

[@steveknows62]

@@celynne58 That's funny. Like the Qanonheads who think that they're in on some secret that the rest of us are excluded from.

[@Gymnopediea]

@@celynne58 But wouldn't it just drive his bitcoin up if the peasants get in on it?

[@gazpachopolice7211]

@@Gymnopediea Shush! Never try logic on cults.

[@JoeIPA]

This could be labeled. Rich Old white man is scared of something he doesn’t understand so he lashes out. I wish you fought Wall Street this hard...

[@johngordon34]

Buffet farts dust and Bill sniffs it.

[@crogers4912]

He doesn't understand it, yet he can give a 5 min. speech on it. You do not like that he speaks in facts and not wishful thinking.

[@humble_frog]

he's not White he's Jewish

[@damienduff7471]

@moe raff hahaha JP Morgan, Tesla, Goldman Sachs, they’re all wrong, but you’re right. Good luck with that.👍🏻

[@lennybrewster4673]

Wall Street is holding most of his assets I'm sure. He's gotta be nice to his overlords.

[@Curvyllama]

He got so upset when his sleep audience cheered for doge coin LOOL

[@angelohernandez2002]

He is a joke ! Literally lol 😂

[@jaimev.1387]

That wasn't the reaction he was expecting 😂

[@jaimev.1387]

🚀 🚀

[@johnmartinez960]

The look on his face when they cheered was great. He seemed surprised and annoyed at the same time.

[@MFFLRicky]

Dogecoin is loved by everyone including people who dont even like capitalism like me i dont even like capitalism but investing in cypto is the future

[@someguy3186]

This comments section was hilarious last year. All these idiots with 50k+ averages yelling “have fun staying poor” and criticizing anyone not in the cult as not understanding the technology (of course, none of them understood it either). Now it’s 17k. Can it go higher in the future? Possibly. But everyone who went all in at the top last year and has been “buying the dip” with borrowed money down to 30k has already been wiped out.

[@MrZadir-nu7bd]

Exactly

[@travelwithtony5767]

The Crypto hoax is toast, it’s in its last throes just the whales left illegally propping up the price pumping and dumping. RIP Shitcoin. 😂

[@MEMELIFEBABY]

Why do you think billionaires are shitting on crypto currency? Because their wealth is tied to centralized banking, meaning power and control, over you. The entire point of crypto currency is to get away from government controlled centralized banking, no government or third parties controlling buying power. Tyrannical governments have happened many times throughout history and to deny that it could never happen here is exactly the mind set a tyrannical government wants you to have. Giving complete control to a government is reckless and completely insane. When a government tells you: “hey we love you, you can trust us, we are looking out for your best interests, by the way, we need to take your firearms too, that’s also for your protection,” trust me, they are not looking out for you.

[@MrGlujaN]

Any person who toke a loan to buy a highly speculative currency without the capacity to paid, it is the one who shouldn't be in the market. Bitcoin is a 20 years investment. And the tech related to ethereum blockchain the fundamentals of the new web.

[@allanpoffmtg]

They would only be wiped out, IF they sold there Bitcoin! As long as you dont sell on the way down, you are fine. Just wait for it to go back up to New All time highs and above like it has done every 4 year cycle for the past 13 years. Also i will point out that the Stock market, including the S&P500 has fallen just as far down as Bitcoin. Along with the housing markets and everything else, so Im not really sure what point you are trying to make here...???

[@nofood1]

Is he talking about the US dollar? ... I think he's talking about the US dollar. 🤣🤣🤣

[@BogdanManciu]

@@krystal5887 But they are tied to the means of production through something called proof of work, might want to look it up. And while you're at it the Fed printed 40% of all the dollars that have ever existed see of you can find the extra means of production that jumped into existence somewhere.

[@lennybrewster4673]

@@krystal5887 not really. About the only thing it's even slightly pegged to anymore is oil. Just barely hanging on to that.

[@JacobSutley]

Thanks Bill, you're making me feel young.

[@JoaoCosta-ly1sw]

Boomers are great aren't they?

[@divine0enigma]

Hollywood elites big mad poor white people figured out how to cheese life too.

[@slider292]

@@divine0enigma Lol...shut up.

[@divine0enigma]

@@slider292 from poor to millionaire in 3 months, you could too or you can stay poor. $ERSDL

[@slider292]

@@divine0enigma Yeah, I'm not poor.

[@chaos.corner]

"I don't like this new-fangled fantasy money. I'm gonna stick with the old-fashioned fantasy money."

[@analogdistortion]

Who knows who's paid him for this speil. The big bankers are buying up billions in crypto right now.

[@dlmalley8639]

@@analogdistortion that's Chaos Corner's PIONT. It's all pretend value monopoly money.

[@tonya3916]

It's always been "fantasy money" since we came off the gold standard. However, money represents work. And I guess now it represents computer cycles?

[@ryanhawkos]

@@tonya3916 money is a store of value backed by ____. ____ traditionally was governments. Now ___ is backed by blockchain and people who pay Billy here hate that.

[@george-8043]

My thoughts exactly.

[@filipmazic5486]

2 types of people in the comments: logical people who see the facade of crypto, and bots promoting crypto with 20 replies from other bots.

[@trentlaurentino1293]

You should convert this into a tee shirt when BTC overtakes golds market cap.

[@humzahhassan4521]

at least it’s real. You mean the currency 50% of which has been printed in a single calendar year

[@toneabet6252]

Also $80B of stable coins printed this year

[@frams12]

Enjoy being destitute because you traded your actual money with the full faith and backing of the United States Treasury for a "bitcoin."

[@therrydicule]

So what? There is a recession, so we need to jump start the economy

[@Quinsec]

@@therrydicule There isn't a recession, our economy is growing. Bitcoin trading doesn't jump start shit but it does inflate a speculative bubble. I'm selling NFT tulip bulbs, want one?

[@PureChaos]

@@frams12 My crypto has gained over 600% since January, and I have used part of it to purchase over 6K worth of actual products with only seeding 600 US Dollars in 2018. Let me know when you find an investment that has gains like that. By the way, 53% of US Dollars are virtual and only exist in computers as yet another cryptocurrency.

[@YouAreJustaNumba]

He somehow neglects to mention that 40% of all USD in circulation was printed in the last year... Out of thin air... Good one Bill 🥴

[@chrish1129]

It’s 20%. Still insane but you gotta get that number right

[@Vanpotheosis]

Can you imagine what would happen if ETH did that?

[@Vanpotheosis]

@@chrish1129 Globally it's 40%, right?

[@sunsetpalms1923]

How much of the environment was destroyed by producing those USDs? You did hear the part about Bitcoin using more electricity than Google, Microsoft, and several other companies combined, didn't you?

[@xhagast]

At least you know who is behind it. The whole crypto thing could collapse tomorrow and all we know of the people behind is Bill's nerd picture...

[@dreviscerator]

"I don't care that your phone takes pictures. It's a phone, not a Swiss army knife." Bill Maher, 2003

[@billbosch9127]

Bill missed that one by a mile!

[@jrom72]

It's called comedy in case you forgot

[@LockCard]

@@jrom72 that attempts to inform people.

[@billbosch9127]

@@jrom72 Boomer comedy 🤣

[@LockCard]

@@billbosch9127 even boomers like crypto. Bill is just anti capitalist.

[@Julian-cw8je]

Bill Maher speaks truth. People laugh. He'll be here tomorrow.

[@3henchmen]

“And now let’s have a big hand for my next guest, Peter Schiff, everybody!”

[@modelsupplies]

Right?! I hate that guy.

[@Hirnlego999]

Schiff is a jerk

[@vvvedova7157]

Schiff For Brains

[@nibiruliberaldemon2125]

@@vvvedova7157 GOOD ONE!!

[@biggori]

Here is the Peter Schiff hustle. Constantly predict a crash. It doesn't happen, nobody notices. When the crash finally happens, claim that you predicted it

[@coolidgedollar2154]

From any Economics 101 class, I have bad news for Bill about the "realness" of money...

[@HughJass-313]

Yeap. the *USD* has been based on _Nothing..._ *(since August 1971)* 🔥🔥

[@bearholdensharkslux4791]

Paper money only has value because it's packed a finaical institution aka the US government and same for any other country and that's from my High School education

[@pas9ify]

@@HughJass-313 Morons, the USD is based on the US economy, assets and infrastructure including the stability and power of the country to repel all enemies and project its power across the world to the extent that the dollar is the world's reserve currency and oil is traded in dollars. All money, including gold, depends on the tacit agreement of people to accept the value of it, given more or less assurance that it's value will endure. That is not "nothing". As Bill correctly points out, the power used (and carbon released) is obscene and a negative to the system which is straight PONZI. Sorry libertardians.

[@HughJass-313]

@@pas9ify Nothing you said changes the fact that: USD is *FIAT.* It's Value is based on Nothing but *tinkerbell power.* (which only made this segment even more ironic) The USD is the 'world's currency'... until it ain't. The Petrodollar is USD... until it ain't. If an *Oil Selling Nation* decides to STOP accepting USD... there's NOTHING the U.S. can do about. Well... Nothing, accept invade/destabilize their Government( a la *Libya).* But If an alliance of *Oil Selling Nations* decided to STOP accepting USD... It could be the end of USD. Read about: Muammar Gaddafi Gold Denari. Saddam Hussein Euro petrodollar. The U.S. didn't *destroy* those nations by coincidence... 🔥

[@pas9ify]

@@HughJass-313 You seem to miss the point widely, maybe purposefully. I ACCEPT that all money, including the dollar is fiat. I said that up front, yet you keep snarling and foaming about it. USD is fiat, so is crypto, so is gold. Silver has more industrial use than gold, but it's 10 times cheaper, why? The only argument you MIGHT make is that the fiat in gold comes from holders of gold USD comes from the government. But that argument also falls flat, since, at least in theory, we citizens control our government. While gold holder are the wealthy. Still fiat, no matter how you slice it. Based on "nothing" as you say. Your position is popular, I will give you that. Since Reagan, "government is bad" has been the mantra. If you and your other brainwashed multitudes ever stepped back to look at the equations of power logically, you would deduce that less power for government means more power for corporations & the wealthy, hence less power for you, armchair libertarian, unless you are welathy, but then you wouldn't be on here arguing, you'd be on your yatch. A wealthy guy (BF Goodrich) twisted "Libertarian" into a disease to control the masses for the good of the wealthy. Same people invented crypto (as well as PayPal) and they have all of us by the testicles. But expecting you to understand, or even more to do some research into all of this is like expecting my dog to understand Melville.

[@MikeD-tf7dk]

Can’t wait to see this in 10 years...

[@DunmoresMovieMania]

It will be proven true --- and all of us will be dead. thank fuck.

[@ZZ-vl5nd]

@No Commentary Gameplay I'm pretty sure bitcoin will out live Bill Maher.

[@vvohvaelez9277]

never seen people so excited to see something in 10 years

[@ericp1139]

Or now

[@olegpopov4925]

in 10 years you may not have enough electricity to run even a light bulb, when all the oil, gas and coal production will be shut down. So, in 10 years you will be playing this video in your head only

[@4eversayaandhagi1]

Mr. Bill Maher Sir I agree with you completely on this.

[@sigurdkaputnik7022]

I guess Bill first read about Bitcoin in a printed email just yesterday.

[@krewline2104]

Good point! The whole "Bitcoin carbon footprint is to too big" is misguided. Compared to what? Producing Fiat money in the way of copper, nickel, paper, cotton, mining precious metals, minting coins, has been going on for 100 of years across the globe. That carbon fiat foot print is 10,000x bigger than anything Bitcoin has ever produced. At least mining virtual currency doesn't strip away forest and mountain sides to mine for precious metals.

[@phillipsusi1791]

I studied how it works back in 2009 and came to the same conclusion. His analogy about guessing a number is of course, not how it actually works, but it's close enough in the ways that matter that it makes a good analogy to explain it to people who don't know what a hash function is. It uses artificial make work to intentionally waste computing resources in order to make sure that of all of the miners in the world, only one of them guesses the right number about every 6 minutes. The more miners there are, the more cycles have to be wasted.

[@dementedacademic]

No matter how butthurt you are, what bill said is true. You know it but don't want to accept it.

[@bryanpaulsicard4798]

Now I'm worried in 30 years nations will be using Cumrocket as official currency

[@danthetravelman9113]

Thailand

[@brianingell3174]

after 30yrs they will be lucky to produce either of the actions the name suggests...

[@modelsupplies]

😅

[@joka5345]

Please explain what problem Bitcoin will or is solving?

[@QuickstickD]

Zimbabwe

[@JackJohnson314]

“There is something inherently not credible in creating 100s of billion in wealth, without anything actually being created” yes there is but I don’t see you criticizing the FED for doing that for the past few decades....

[@thursdaythought7201]

Except inflation occurs to correct that...

[@PDXVoiceTeacher]

And the fed has a miniscule carbon footprint by comparison.

[@JackJohnson314]

@@thursdaythought7201 you mean you and I pay for it with inflation.

[@JackJohnson314]

@@PDXVoiceTeacher cArBoN fOoT pRiNt just because you can’t objectively measure it doesn’t mean it’s minuscule. It cost carbon and a lot more to have those warships across the world securing your system aka the almighty dollar.

[@PDXVoiceTeacher]

@@JackJohnson314 meh. You're off the rails and moving goal posts. I can measure the energy it takes to create dollars. It is less then crypto.

[@theultimatereductionist7592]

Bill Maher is proved right EVERY DAY.

[@anomiemnemonical578]

Sounds like something Bill Maher's audience members say in between their hyena laughter fits

[@tmo4330]

Let's not get too carried away. He is still a fool who happens to be right sometimes.

[@markcrawford5810]

kzbin.info/www/bejne/aWPdZpSPhbWprbs

[@ikariameriks]

@@tmo4330 How come?

[@tmo4330]

@@ikariameriks Psalm 14:1.

[@parker5287]

Everyone in the crowd laughs as their 401k lost money last year

[@uverex251]

Exactly

[@MrSinister718]

they deserve what they get, just like California

[@higgy82]

My 401k made thousands last year. Of real money.

[@toolsdrummer]

@@higgy82 hopefully more than 15%.

[@parker5287]

@@higgy82 my bitcoin made tens of thousands

[@Debitokun]

Can't wait to hear his monologue on crypto in 2025 lol

[@sdozer1990]

it'll be the same as it was in 2021.

[@StephanoJayP]

Yeah...🙄

[@ian12346]

You won’t be happy. Neither will your bank account 😆

[@lennybrewster4673]

@@ian12346 we don't store crypto in our bank accounts. And have you ever thought for a second that these celebrities, banks, and business news channels shit all over crypto for a reason? Jami Diamond use to shit all over it and tell people how dumb they were buying it. Then the price dropped and JPMorgan bought up shit tons of it. Stop listening to the idiot box about what you should invest in. They're lying to you so they can get richer. They only tell you something is a good investment after they're balls deep in it so you can again, make them richer. Or go back to sleep and believe whatever you want to believe.

[@ChadFromSpace]

@@ian12346 the entire purpose of decentralized finance is to keep money... get this, NOT in a bank account. It’s cool man, if you don’t get it you don’t get it. Put $100 dollars in a bank right now and earn what, 1% annually on it? Less? Oh but wait, that money is inflationary bud. So next year your $100 is now $101 but has the buying power of $99. You know who benefits from you putting your money in the bank? The bank.

[@jusmecatalina]

At moments I think he's talking about hedge fund companies

[@u1rtc7t5f64t157856v8]

One Ponzi scheme is like another.

[@markfairbanks3533]

Or any currency like the US dollar.

[@markfairbanks3533]

@jon pork we have a fiat currency, it isn't backed by anything, it isn't real. Explain where I'm wrong.

[@paxpacis2]

In this record time of printing money where your money literally becomes worth less and less every day I still don't understand how people have trust in paper money lol

[@markfairbanks3533]

@@paxpacis2 it comes into existence faster than it is printed. Most money actually isn't paper, it's just zeros and ones, just like bitcoin.

[@matepenava5888]

I watched it after a year and things seem to go Bill's way😁

[@nemohydro6969]

bitcoin will always be worth thousands, and im not talking monopoly money ;)

[@nemohydro6969]

@@erikanderson8186 difference between someone who knows and someone who doesnt is education on the subject. Go educate yourself on the only decentralized currency. . . I mean its the only way to make the stockpile of cash the rich have worthless. Bitcoin cannot be manipulated by man, and was once worth a dollar a coin. . ya know. . like the us dollar was worth one dollar. .. Hmm .. wonder why they created all these regulated altcoin scams. ..oh to hurt bitcoin. . but did it. . HELL NO .. Still worth thousands bruh

[@wayneatwell7039]

Watch it again in 5 or 10 years. It was brutal watching the BTC I bought in 2013 drop from $1,000 to $200 in 2014 but I’m not complaining 8 years later

[@nemohydro6969]

@@erikanderson8186 Yea you absolutely will never be able to tax them. Perhaps steal or rob them, but they can avoid taxes easily.

[@nemohydro6969]

@@erikanderson8186 huh?

[@TheLateral18]

The videos reacting to this will be so beautiful 🤣🤣🤣🤣🤣

[@steveo20007]

America 2020: Creates half of all USD in existence in one year digitally US funny man 2021: Our financial system might not be perfect but at least it’s real

[@vambo13257]

"$$" printed out of thin air, inflationary to the core and these fools are still on the bandwagon

[@young_fella]

@@vambo13257 This is something I dont get with you guys who are into crypto, like ya, I personally see an alternative storage of wealth as valuable, or even etherium is cool bc it can be used for nfts and other stuff, but you guys are saying inflation sucks and therefor the government who makes that inflation sucks, but that inflation is how the world goes round. There is a reason we and most countries left the gold standard, and even during the gold standard inflation still existed.

[@daftpunk555100]

@@young_fella It seems the crypto guys want us to go backwards 80 years with monetary policy.

[@young_fella]

at the same time I want to point out bill maher right here is also dealing some bs as far as I can tell, like his main point is that crypto has not tangible value, but thats the same with most assets, like a dollar has no tangible value, or even gold, like what are you gonna use gold for besides jewlery? Sure it can be used in electronics, but only a very small amount of it is, so its value is definitely not based off of its utility, just like crypto

[@ericanderson7346]

@@young_fella Just read that 78% of gold mined each year is used in jewelry. What a waste!

[@azizsidky9456]

wow, not a joke. Cumrocket just went up 33% in the last 24 hours (Bill might have unwittingly helped that rise)

[@thechestrockfield]

Wouldn't be surprised if he bought a ton of it Friday afternoon and will be selling it today... The 'Colbert Bump' is real and I'm sure Bill knows he has that power too.

[@berniecruz8405]

LOL

[@thechestrockfield]

@Juan Suero Anyone who puts ALL their money in one thing is pretty dumb... But crypto does do something pretty important, so unless governments regulate it to death, it'll probably always have value. There's no central bank or government to declare it no longer a currency, so there's no reason to think it will ever be worthless like many paper currencies have become. If you think about it, even US cash will devalue itself to practically nothing given enough time of inflation, so you kind of have to invest in something. Everything is a risk though. I don't blame people for betting on something that's finally not controlled by 'the man'. The arguments against it sound just like all the people that have been telling me for two decades I should sell all my Magic cards because they weren't going to be worth anything soon, and every year I didn't listen while they consistently outperformed the stock market. Is that investment any worse than the housing market that people manipulate and destroy? The stock market, a lot of which is bets on non-physical things, or futures, or whatever other shady stuff like micro trading that's being used to siphon off value? I guess bonds might be safer, unless the next insurrection is successful and actually topples the government? Nobody knows. Invest in what you know and diversify, that's the best you can do.

[@thechestrockfield]

@Juan Suero Assume much? I already get 4 weeks paid vacation a year. And crypto does do something important: it's a borderless currency you don't have to rely on 'the powers that be' to use or exchange and are also fairly untraceable (or at least cost-prohibitively-untraceable for 'small fish'), and the fees are a tiny fraction of what the banks get out of you. For someone who supposedly worked with blockchain, you seem to assume a lot without knowing anything. You also seem really angry about all of it. If you think it's a bad investment, don't do it...

[@elsamoon6930]

I bought CumRocket at .011 and sold at .025

[@stevemoreton2751]

So on target ..thank you for verbalizing my thoughts on this

[@levelupmonkey3488]

Hi Steve 👋You should give a chance to Bitcoin and spend a few hours studying this highly disruptive technology, which imo will greatly benefit Humanity. I agree with Bill when he says that he does not get it, but I don't agree when he says that "neither do you". A few hours of study and you will be on the edge of the rabbit hole 😋

[@danielfurr7356]

When he said Tether, I immediately knew he had no clue what he was talking about

[@kennethvines4556]

Yep! If you’re going to bash something at least make sure you do your research.

[@EricDarcman]

@@kennethvines4556 So you think the fact he used that word negates the larger point Maher was trying to make?

[@kennethvines4556]

@@EricDarcman No sir, seems like it reinforces his point which is that he doesn’t understand crypto nor does he want to understand it. FYI There are crypto currencies like Vechain that actually produce physical products, MANA supports a Minecraft type game on a blockchain, Wink has a website were you can gamble your crypto, BTT supports the worlds largest file share system (it’s been around since the early 2000s). If you were on the fence about buying crypto just looking at the companies he mentioned moving into the crypto space should let you know that you may want to bust a move. Additionally, over the past few years companies like VISA and MasterCard have been aggressively moving into the crypto space. Visa has already partnered with Crypto.com to create a very successful crypto debit card that allows you to spend your crypto. Lastly, before February of this year I had the very same opinion as Bill and I used to call crypto “monopoly money” as well until I started researching it and investing in it. Since February 2021 I’ve made about 3k profit. So I’m sticking with crypto until the wheels fall off.

[@logann001]

@@EricDarcman You cant have someone explain bitcoin in 10 minutes like bill mentions, no wonder his clueless, it takes months, this is computer science. But I'm happy, bitcoin shows transparency of people's ignorance to those that have spent the time and effort required to learn this amazing technology. Bitcoin is an IQ test and most will fail, but to those that are prepared to sacrifice time and effort to learn will continue to be rewarded as the past has shown. Bill is a Moron and bitcoiners know this.

[@EricDarcman]

@@logann001 And Warren Buffett?

[@rob3679]

I remember when iIwas in middle school and my teacher taught us fiat money is fake and relies on the masses supporting it

[@mindlessmonk3322]

All money is fake but some fake money is better than others.

[@steveknows62]

@@mindlessmonk3322 Except it's not fake, it's based on the country issuing it to pay it's debts via the strength of it's economy. Except for Bitcoin, which is based on a get-rich-quick fantasy.

[@mindlessmonk3322]

@@steveknows62 it's the same thing dude

[@rjmacdougall]

@@steveknows62 wrong. Bitcoin is for people who understand what quantitative easing is (and what Central Banks do) and despise it. No, not all money is fake. Up until 1971 pretty much all money was a paper note representing gold. That’s when mass printing really began. Even now, money isn’t fake. All Western Money is backed by the US Military/NATO (just ask Gadaffi and Saddam).

[@sloppynyuszi]

@@steveknows62 it’s both just things we have given an arbitrary value to. Difference is that we have been using coins, paper, and currency for longer. While Crypto currency is new. Even then, if you have say $50 000 in savings you don’t have that in your bank locked up in cash and coins. It’s just numbers registered to your details. My worry is. I’m with every leftie, Boo the government and banks. I don’t like or fully trust them. But why would I trust whatever mysterious identity Crypto is. Even though it’s something that is peer verified amongst many computers. It still seems odd, and not very clear.

[@jonathanhinkey5142]

I like how at the beginning he admits he doesn't understand cryptocurrency and then spends the next 8 minutes explaining why it can't work.

[@billsmith2002]

Exactly.

[@DougWolfe]

Well he makes the claim that none of us do, either. In my case he’s right. I don’t know where he acquired the knowledge to speak for all of us though.

[@billsmith2002]

​@@DougWolfe I spent a lot of time learning about it, when I first found out about BTC. There are 10 minute KZbin videos that can explain how it works. So yeah, you're right, he doesn't speak for all of us. Also, there are a TON of crypto assets that don't use mining.

[@Indylimburg]

I thought like he did up until 2017.

[@chrisyorke6175]

No, he is saying he doesn't quite understand the speculative mania, giving Dogecoin and Cumrocket as examples of the phenomenon.

[@incognito3620]

Bill- I never fail to be amused, learn something or reenforce a belief watching your show. Please don’t die or go away. At least not until I do. Love ya.

[@chaz6399]

First They Ignore You, Then They Laugh at You, Then They Attack You, Then You Win.

[@subversionz4919]

Then you broke rofl

[@grahamstrouse1165]

That worked so well for Elizabeth Holmes.

[@froddobaggins]

@@grahamstrouse1165 who

[@grahamstrouse1165]

@@froddobaggins 🙄

[@swashbuckler7527]

My guy 💪

[@stagmeyer]

Hot takes like this are why the phrase "OK boomer" exists.

[@jrnycryptoadmin.199]

W~~~h~~~a~~~t~~~s~~~a~~~p +~~~1~~~ 4~~~1~~~2~~~5~~~7~~2~~~1~~~3~~~6~~~7..........📲.................>

[@tannerdenny1406]

Hah true dat G

[@mattizzle81]

Get off my lawn!!!! 👴

[@mikerobinson7206]

Uh, except he's not wrong about the energy suck of crypto mining. That's a major environmental issue. So when the coastlines continue flooding and the shit hits the fan, your idiot phrase "OK Boomer" will be helpful. Thanks (and I'm a millennial).

[@mattizzle81]

@@mikerobinson7206 He is wrong in the sense that he ignores any energy usage by the traditional banking or industrial sectors. Bitcoin is also ideal for making use of otherwise wasted electricity in remote areas. It doesn't need to be grid connected, the cheapest electricity to mine Bitcoin will soon be solar in the middle of a desert with no power grid, or a solar satellite. That is what first fascinated me about Bitcoin in 2010 despite not buying or mining any then. It is a genius way to turn any kind of electricity into wealth, and the possibilities in the future go beyond anything that would be a climate concern. It will accelerate and encourage renewables.

[@JD-od6tw]

First they ignore you Then they laugh at you Then they fight you Then we all win

[@salochoa6877]

XRP, ETH, VET, ADA, XLM. To the 🌙.

[@oj1101]

Exactly what I was thinking lol

[@steveknows62]

@@salochoa6877 Better yet, get a job. The money you make with them will be measured in US Dollars. Which is what you'll spend.

[@salochoa6877]

@@steveknows62 that's funny, you obviously need a job, consequently I no longer have to work thanks to all the money I make in Crypto.

[@cautarepvp2079]

@@salochoa6877 how you make money in crypto? Passive income?

[@michaelcook6889]

First time in my life I've agreed with Warren Buffett.

[@giofranco6887]

“Bill Maher reveals his top cryptos to buy” Headline in Bloomberg post 2021

[@rna3xhelix]

How do you know he’s a old man standing on his lawn yelling at kids? When he doesn’t think blockchain is real.

[@TheKafkianProcess]

Blockchain as a open source, easily replicable technology with some interesting potential in the future is real. But hundreds of digital currencies (of which Bitcoin is only the most popular) based on blockchain are not 'cause there's no inherent value to them: the whole scheme is to buy low and sell high before the bubble bursts, then it'll be somebody else's problem.

[@rna3xhelix]

@@TheKafkianProcess honest question not calling you out, Are you purposefully talking about rug pulls/Ponzi scheme coins vs utility coins as the same thing? Or is it a lack of knowledge, that is generalizing the cryptoverse? If it’s intentional, then have a good day, I’m not a fan of arguing just to argue. But if it’s that you just don’t have enough knowledge and in turn are making general assumptions, then I wish you well at the beginning of your crypto journey.

[@frishdawgz]

Comparing BTC and DeFi to any silly coin you or I can make tonight is foolish

[@MrSinister718]

@@rna3xhelix why are you even asking? he literally parroted from the clip. NPC all the way. No knowledge of anything.

[@rna3xhelix]

@@MrSinister718 you have reason and logic on your side.

[@MarkusGhambari]

This is the proof I needed to know that the top's not in yet. Time to buy more SwiftCash 🚀

[@shadoninja]

Actually I agree with you (not the part where you edited in an irrelevant project). When these media figureheads continue to deny the relevancy of cryptocurrency, that is probably a good sign for the people who actually know what is going on. His writers think every blockchain that isn't Bitcoin is just trying to clone it lol. One hour of researching Ethereum would probably change their tone quite a bit.

[@SBFRuggedYou]

🤣🤣

[@jonasabarca7385]

so you're early, invest before it's too late

[@MarkusGhambari]

@@shadoninja Might be a good time to sell and buy USD when he does a video about USD being a total shitcoin lol

[@xokyle]

@@MarkusGhambari I spent this entire video thinking, does he not know how little value USD actually provides?

[@msole06]

"There is something inherently not credible about creating hundreds of billions in virtual wealth with nothing ever actually being accomplished and no actual product made or service rendered."- A wise man once said..

[@triplea657aaa]

Someone should tell the fed

[@engineeringreality7878]

what's the difference in paper fiat currency that is backed by nothing and crypto currency backed by nothing? The fed can't print more crypto!

[@canadapapers]

@@engineeringreality7878 You took words out of my keypad🤣

[@florianschumann135]

@@engineeringreality7878 So you made the argument for it. Because money is not neutral for the real economy, it has to be controlled somehow

[@erichoft7154]

@@canadapapers but no one really has money just invested in a fiat currency, they typically invest in stocks which are actual companies…..

[@noahziegler3478]

Sounds like Bill bought that $60,000 top.

[@EthanWarner]

LOLLLLL too true

[@JRMiracleman]

@@EthanWarner True. If he had bought 10,000 Bitcoin at $6 and held it unto now he would not be saying this

[@EthanWarner]

@@JRMiracleman he's clearly just ignorant to doing any real research bcos he would quickly find out that he's completely wrong

[@ADDwithJTC]

@@EthanWarner how exactly is he wrong?

[@EthanWarner]

@@ADDwithJTC just because you don’t understand something it doesn’t mean it’s useless or has no value

[@dwreal]

“I don’t understand cryptocurrency, so let me tell you why it’s bad”

[@gigie555]

If you can't understand something, why should you trust someone who is passing it off as a store of value. Gold I can understand because it has substance and takes human labour to mine from the ground. Bitcoin is a human creation that relies on people wishing it to be something of value, does that make it so?

[@emperorpicard6474]

@@gigie555 It has value because it has utility to people, its as simple as that. "Bitcoin is a human creation that relies on people wishing it to be something of value, does that make it so?" YES IT DOES! Value is subjective! If people value something, then they value it, whether you like it or not.

[@gigie555]

@@emperorpicard6474 Yes Dutch tulips also had utility but when the price of a tulip bulb was valued at more than the price of a house, people woke up from their daydream and realised the utility value they attributed to it had been blown way out of proportion.

[@emperorpicard6474]

@@gigie555 Lol, comparing cypto to tulip menia. Crypto has already gone through a few declines and has recovered every time, I would hardly call it tulip menia. You are seriously underestimating the utility of the underlying blockchain technology, I think there is huge market demand for a immutable ledger that you are not seeing.

[@gigie555]

@@emperorpicard6474 Whatever...

[@JonathanDanielBowen]

Bill just told me that he doesn’t understand the Federal Reserve System…

[@hondacbx1975]

He’s a lefty He’s part of it

[@thursdaythought7201]

Enlighten us on what he got wrong lmao

[@lennybrewster4673]

@@thursdaythought7201 that the dollar isn't created out of thin air. That it's actually backed by anything besides the FEDs well wishes and hopes. That it hasn't lost 97% of its value. Want me to keep going?

[@no1no1655]

@@lennybrewster4673 no, need to keep going. just explain how you get your "value" in something outside the network of law and regulation. BTC is measured in DOLLARS. WHEN DOLLARS ARE MEASSURED IN BTC, get back to me. the citizenry can decide on their own barter system (that's all any currency is) outside the U.S. dollar but I agree with Buffett, Munger and Gates that this is pain on a scale no one is imagining

[@Moriningland]

You’ve got to love Bill’s audience They clap when bill says Bitcoin is a joke They also enthusiastically clap when bill mentions Dogecoin.

[@DatingDilemmaBreakdown]

It was hilarious how they went nuts for Doge, then they clap "WOHOOO" when he says crypto is a joke. Bill's audience tends to be the worst. They never know when to laugh cuz they always are either too woke-offended, don't get the joke, or are hypocrites.

[@celebritywatch386]

@@DatingDilemmaBreakdown its probably fake

[@corbendallas4716]

Because they know that Dogecoin is the biggest joke of all cryptos.

[@1974dodgecharger]

Right..

[@matthewerickson5607]

Bill Maher Studio Audience is the worst character in television history

[@ankurposeria2203]

I would put everything I have into an NFT of this monologue.

[@priscillasimpson6070]

😂

[@carloslopez.249]

I’ll buy it for 50 eth.

[@russbilderback]

@@brads008 doesn't matter. Shitbird Maher was roasting Bitcoin AND crypto in general. Ethereum is a crypto and he roasted that too. The only funny thing about this video is that neither he, nor his mind blowingly ignorant fans know the slightest thing about crypto.. bitcoin, ethereum, or any others.

[@phenry1984]

Meee tooo!

[@animal854]

You wouldn't!

[@heliosign]

"First they ignore you, then they laugh at you, then attack you, then you win." - winners.

[@thegameland9558]

Yep

[@brendonb2511]

Can confirm went through the ignoring and laughing 2018-2019...

[@brendonb2511]

Crypto has given me the financial means to pay for a masters degree I’m currently working on. The money is “fake” but the impact has been real.

[@derekazyan9942]

@Sebastian great argument

[@KASPA-KEY]

@Sebastian BTC is digital gold. A lot of people think owning gold is useless as well. No biggy. I'll keep stacking sats while the printer goes brrrrrrrrrrrrrrrrr

[@rkbones9377]

The truth is our money has no value either. It was once backed by gold but that is long gone.

[@johnnybraccia452]

And when it was backed by gold, it was gold bars hitting in a vault not doing anything.

[@mistamycall]

@@johnnybraccia452 But they were tangible never the less.

[@nHautamaki]

It's backed by the US military. As long as the millions of people employed in the military take $USD as a paycheck, it has the value of the most powerful military the world has ever known, and that's very real.

[@leonardogiuliani2369]

Wow crypto people here look a lot like a cult, don't tolerate any kind of questioning or criticism..chill, cause you all come across very fanatical..

[@vicariouschism86]

Because they've *LITERALLY* bought the hype.

[@akn3207]

I'm upset because cryptocurrency is not that hard to understand. It's not some mystical made up thing, designed to confuse you, and yet people just write it off as a scam.

[@jesseg7757]

@@akn3207 It's just missing a few words "Legal Tender for all debts public and private"

[@whotfisashtin]

I haven’t invested in crypto but it’s extremely backwards to not embrace it.

[@MisteMiner]

@mmdt 123 You realize it's already happened for many of them right? Even outside of Bitcoin, how many dogecoin millionaires were made in the last 12 months? It's not theoretical, it's already a reality. It's funny to see people still making the same arguments people were making 10 years ago, even though they've already been proven wrong. Back then I understood people's skepticism, I was skeptical too. But today, if you still can't see it I think it has to be willful ignorance or just plain stubbornness. I guess some people will never learn. Have fun losing 20% of your purchasing power this year from inflation.

[@HellspawnICX]

Bill Maher spending this effort trashing Bitcoin boosts my confidence in Bitcoin

[@mattizzle81]

Exactly. The more crusty old men I see yelling at Bitcoin, the more interest and confidence I have in it. 👍

[@GarlicPudding]

Enjoy your scam when it crashes and burns.

[@mattizzle81]

@@GarlicPudding You think we haven't heard this before? After 10 years, come up with something original.

[@starmangalaxy2001]

@@GarlicPudding Enjoy the inflation going Brr then.

[@AP-bo1if]

Bill Maher is the Chael Sonnen of all other predictions

[@Low-KeyCollector]

Bill Maher: "I don't understand Cryptocurrency" also Bill Maher: "let me explain it to you"

[@loveanimals-0197]

Bitcoin = ZERO intrinsic value. He gets it all right.

[@screamo4211]

@@loveanimals-0197 the dollar = ZERO intrinsic value. It’s all fucking fake money!!

[@notreally2406]

@@screamo4211 everything is priced in dollars, and they are 100x more stable than the 2000 ponzi scheme shitcoins you carnival gamblers are delusionally dreaming are the future

[@snuffysmif9801]

@ Low-key Collector: Maher means, he doesn't understand how the blockchain algorithms work, but he does understand the concept of the schemes they run.

[@chrisyorke6175]

Bitcoin is a metaphor for a string of binary digits, but never mind. Bitcoin hoarders only buy in to sell to someone else at a profit. A collectible, like old stamps, limited editions or Pokémon cards. Not so much a currency, as a cult.

[@kevinmaier5005]

The arrogance of ignorance of his guy is amazing!

[@BradTrimas]

He is the most popular arrogant elitist on the television but the masses bite at these types... so sad.

[@gc3k]

Arrogance of ignorance does not constitute ignorance of arrogance

[@WhiskeyJ_TV]

They have no value. This is a crypto bubble like the .com one

[@BradTrimas]

@@WhiskeyJ_TV Your statement is one that you parroted from the news or you over heard it. It has been debunked. Bitcoin is the only asset in the world that we know exactly the finite amount of, you can't counterfeit it and you can't confiscate it. Now imagine you turn the value of electicity into a token that because it's finite nature is deflationary and only goes up in price long term. Bitcoin has a 1 trillion dollar market cap. It's a global store of wealth and the market is prepared to keep paying higher prices. There is no such thing as a 12 year bubble. Bitcoin has crash 5 times it's a perpetual bubble that isn't goin to leave us in your lifetime or mine.

[@milfordcivic6755]

The difference between bitcoin and cash? Everyone takes cash when the internet and the power is out.

[@daviddurango9562]

Oh...Your ATM works with no power? Interesting...

[@daviddurango9562]

How many honest bankers have you known? A little power consumption is well worth avoiding those scumbags.

[@msmelochi]

Streaming a video off the internet was a joke in the 90s. Now I watch everything on the internet.

[@TjamVideoMan]

We are LIVING online now!

[@Anonymouspunjabi]

But it was real

[@Anonymouspunjabi]

@sisuphos it has governments backing to a certain amount if banks go down Technically all money is imaginary but it’s about what money you can trust as a legal tender Everything ends here - money has to be stable for it to be spent If your $10 bill could be worth 15 tomorrow you spend it so that bill can’t be assumed as currency It became an asset ( an unproductive asset) So Bitcoin Is neither currency nor asset Tbh I don’t want it to go down as I have 2 bitcoins But that doesn’t change the fact it has no backing no fundamental value

[@Die1101]

@sisuphos Fiat money doesn't multiply in value. There's no such thing as investing in money. In fact, money almost always depreciates over time. So what's happening with Bitcoin wouldn't make sense even if it _was_ the same as USD, which it isn't.

[@3Q2HFNILQHF]

It was a joke because the video quality was a fucking potato. Now it's as good or better than any source out there. Infrastructure made it possible.

[@edendvatri]

Lol, you are right Bill, you clearly have no idea!

[@ryanknox9895]

I can't wait to see this video age 😂

[@cryptogambler7860]

o this is going to be shoved in his face

[@wileyschmitt]

It will age like milk in the Sun.

[@Patrick-jx1yo]

When all the 20-something “crypto-currency geniuses” realize they don’t know sh*t about currencies.

[@ZachBaughn87]

Like fine milk?

[@mar-a-lagofbibug8833]

Networked computers containing trillions of dollars. Gee. Why would any country want to hack into 51% of them for economic warfare? Naw. I cant think of any. Shouldn't have brought it up.

[@georgesimon2730]

the fact that it's valued in real currencies says something

[@lando8398]

As warren buffet himself said "be greedy when others are fearful.

[@korgond]

Spot on 👍

[@JewTube001]

there is no fear here. this is the hugest bull market in crypto history. buffet wouldn't be greedy on crypto today.

[@hubblebublumbubwub5215]

As warren buffett himself said ''bitcoin is rat poison squared''

[@NerveNickels]

Nice one

[@KASPA-KEY]

@@hubblebublumbubwub5215 Buffet also hated on gold and then he bought Barrick Gold. Watch what they do not what they say. ( ;

[@pirmigrin]

This weeks new rules is extra interesting when factoring in last week’s commentary on older people in America.....

[@littlestewiegriffin]

lol

[@nothingmatters298]

IN AMERICA WE HATE WHAT WE DONT UNDERSTAND 🚀🚀🚀

[@alcoholic2412]

Speak for yourself

[@turkeysammich1059]

When the crowd cheered for Dogecoin you can see the saltiness on Bill’s face 😂😂 0:45

[@balchutowo10]

hahahahaha

[@BK-fi3of]

I loved it too, I’m am older and have a few Doge. I love the idea of it and if you buy a product with it then it is real. I also have a couple of stocks like AMC because I think the rich like Buffet’s shorting companies into Failure so they can simply get richer is what is wrong with the market. Seeing regular folks join the market like me with a few bucks make a difference for AMC and the like, is worth it to me and to hold.

[@BK-fi3of]

@Susan Wojcicki Oh my Suz you joined a week ago and seems from your posts that you aren’t getting the attention you crave at home, so sorry about that. Keep looking Precious you will find someone soon. Oh by the way a warning popped up on your reply to me that you were possibly just a bully, U probably should work on that. Bye bye

[@JohnScigulinsky]

I'm just sitting here, waiting for Bill to learn about NFTs 😂😂

[@AAAFilm-yt7gx]

His head gonna pop off lol

[@aenien4560]

Are NFTs destroying the planet with massive electricity use? No. Is crypto? Yes.

[@vadimuzdensky2384]

If I'm not mistaken, NFTs are a form of cryptocurrency.

[@CraftWon]

@@aenien4560 Christmas lights use more electricity than crypto annually. Campaign against that too.

[@subzeroarctics1299]

@@vadimuzdensky2384 They are not. They both use blockchain technology but NFTs are not a cryptocurrency.

[@jacktinney]

"I've had it explained to me several times and I still don't get it." Yes Bill, you've made that clear lol

[@vambo13257]

He is proudly clueless!

[@TheHackerCraft44]

Exactly. Imagine having the audacity to trash something you don’t even understand in front of millions of people...

[@u1rtc7t5f64t157856v8]

@@TheHackerCraft44 Honestly, at the moment it's a Ponzi scheme, otherwise the majority of people wouldn't hoddle and actually buy something with crypto.

[@StaleGrungeMusic]

@@u1rtc7t5f64t157856v8 doge us a ponzi but not all crypto tech companies are schemes...research Cardano

[@cagnazzo82]

@@TheHackerCraft44 Funny thing is that he thinks he *does* know better than the people explaining it to him... specifically because he doesn't understand. If he doesn't understand it, then clearly no one else does, and it's stupid if they claim they do. Basically a child-like mentality.

[@nfvoodz8828]

“At least our financial system is real” *Fed prints 2 trillion dollars by hitting return on a Mac.

[@Nvchx555]

LOL

[@MarkElDeiry]

That's completely absurd! You have no idea what you're talking about!! Everyone knows those dorks use Windows!!!

[@Lucace10]

Aerdrop, TG Aerdropofficial. Best New coin with free airdrops for holders

[@jhendersonic]

Yep they physically print trillions of dollars. Google “fractional reserve banking.”

[@chriscollins7852]

yep, press a button and the economy is fixed in an instant. what a laugh. money is all but a fantasy at this point. bartering should have a strong future.

[@nathanjaci8426]

Buying Bitcoin is the best gift you can give yourself at this point in time especially when you have a good trader

[@emmaaiden2961]

I have secured financial freedom by investing in bonds, equities, EFT's and some digital currencies

[@nathanjaci8426]

Mrs maria jones is legit and her method of trading works like magic shes one step ahead of other traders.

[@patriciajones1952]

I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Maria Jones

[@patriciajones1952]

I think that she is the best broker I ever seen

[@locusthomas2406]

yes I'm also a living testimony of expert Mrs Maria

[@ponedog]

No money is "real" ever since the end of the gold standard.

[@TjamVideoMan]

Even gold has no “real value” monetarily other than its physical/ industrial usage. We use it because it has good monetary characteristics - durability divisibility and it’s easily measured and validated. But even it’s monetary characteristics had to give way to coins and the importance of paper money to handle large (and small!) value BUT it’s too damn heavy and indeed a headache to transport and spend, hence coins, paper money, credit cards and now btc! Hell even the dollar is basically digital now!

[@beback_]

The value of gold itself is also just by convention.

[@tallswede80]

@@TjamVideoMan Claiming that gold has no monetary value is not an argument. The reason that it was used as money is because of its desirability as a luxury good. Money first has to have value as a commodity before it can be used as money. Hence BTC bullshit. Claiming that gold is "too heavy" is not an argument because you have not defined what specific weight is not "too heavy". 15k dollars of gold is lighter than a cell phone.

[@tallswede80]

@@beback_ Not correct. The value of gold is determined through supply and demand in the commodity market. The demand comes from the desirability of the physical properties, which are unmatched and impossible to duplicate.

[@gazpachopolice7211]

@@tallswede80 I think he meant gold has no utility value, not monetary value. The monetary value of gold is the same as that of cowdung pies. Except that gold is more durable