Dave Ramsey Reacts To Crypto Scams and Bitcoin's Crash!

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[RickM]

We will see more scammers as more people get desperate. Lots of these “get rich quick” scams. Be careful everyone.

[demri]

Netflix and Paypal stock are down 70% mean, be fair at least

[akfas]

Those are reported scams. A lot of people don't report things because of shame or just thinking it's lost. So imagine how much it's actually.

[The.Dude.Abides.]

I got scammed by my local state. They said I had a chance at winning millions of dollars... I have invested $50 a week for the past 10 years and still have got nothing back and my money is gone. Time to sue my states lottery system. - Play stupid games, win stupid prizes.

[alexfonseca]

Dave, Those mutual funds you told us to buy are also crashing.

[Roccofan]

The pitch always comes down to the scammed getting something for nothing. Greed will get you every time.

[ProCoach]

I may be old school, but If I don't understand it reasonably, I try not to get involved. I like the bitcoin=whole life analogy. Very fitting...

[boldsign]

I listened to Dave the whole time, so glad I did.

[rezurkt]

Dave its doing the same thing everything else is right now and will rise when everything else starts rising

[JAYCEE-xmdd]

I was here to see Dave have a field day but he actually took it easy 🤯 just one outburst

[stevencole]

People say they don't want regulation but this is what happens when it's the wild west . What happens to businesses that accept this as payment with such a dramatic deflationary response to this so called currency .

[CxDubxU]

Wanna talk about crashing? The dollar's buying power has dropped 95% since the beginning of the Federal Reserve

[wavynaturalista]

"I've never caught a fish, either" lol Dave is hilarious

[chrisforker]

You just can’t fix stupid, period! So many people want the easy quick way to riches. It’s amazing what greed does to people that fall for the scams.

[THABOMB]

Literally everything is down including mutual funds though 🙃

[andyg]

I feel very little sympathy, if any at all, for those that get burned by "Get Rich Quick" schemes...

[truenorthadventures]

Now’s the time to buy. Get with the times Dave

[jackjumper]

A very old former told me one time if you were sitting across the table from somebody in the phrase trust me comes out of their mouth push your chair back stand up turn around and walk away no one who says trust me in a business deal can be trusted

[zoraster]

“What the wise do in the beginning, fools do in the end.”
-Warren Buffet

[NattracTodd]

Would you give your wallet to a “wallet inspector”? If you wouldn’t do it in real life, don’t do it online.