History's Largest Financial Scam - Cryptocurrency

Cryptocurrency, led by Bitcoin have exploded to a near 2 trillion dollar market cap, but as the industry grows, the danger rises. Crypto is not just a risky investment, it is also a wealth redistribution mechanism that funnels capital from the poor, to the rich.

Crypto is misunderstood in one of the most dangerous ways possible, while functioning as an elitist and criminal safe haven of the worst kind.

⦁ Video Transitions: William Eklof

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#bitcoin #cryptocurrency #crypto

[kulak]

The point of crypto was never supposed to be about "getting rich", it was supposed to be about privacy and decentralized finance. With so many people focused on chasing the former it has corrupted the soul of crypto. To me NFTs are a great example of this. NFTs exemplify how crypto has become gamified like a casino, rather than functioning as a stable and secure alternative to central banks.

[soldiersvejk]

The fact that the advocates of crypto bragged about its “changing the world” “making the world more equal” while at the same time dreaming of making a fortune is laughable.

[bahb]

Crypto is just 24/7 cross-border gambling.

[George_]

Hilarious, *Charge backtools* I love the work you do mate. Those low life scammers take money from old ladies, they have no soul or heart and deserve everything you give them!! Your doing a service to humanity. Love the videos, keep doing the good work mate.

[Marcihun-wlvy]

Crypto was supposed to reform currency with it not being dependent on a government.
Now its dependent on some "tech geniuses" who create it and can easily do what they want with it.
Why does crypto currency have value? Just because a "tech genius" said it has?

[joannewalker]

Excellent job done *Charge backtools* - so glad you are out there fighting these lowlifes. We need to do all we can to spare the elderly and the general public from these despicable scammers!!Kudos to You!!! You deserve the Nobel prize for keeping us safe big up

[korneliahanna]

Investing in cryptocurrency is the best way of getting ahead to build wealth, investing remains a priority. The Cryptocurrency market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works, I pray that anyone who reads this will be successful in life..

[precioussunday]

Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations. Anyone who thinks of breaking out of financial struggles should consider investing crypto market.

[TheProphet]

I realized this last year, watching so many coins go from being worth nothing, to jumping 4000%, then back down 3900%. The founders and friends have millions/billions of the original tokens for hundreds or thousands of dollars and sell them for millions while chumps get caught holding the bag for coins that will never 'recover'

[reenuy]

Been waiting for that title since 2012.

[violatorut]

When crypto started getting commercials is when I decided to avoid it. Crypto is supposed to be a currency. When was the last time we saw a commercial where the message was to use the US dollar?

[marcosluck]

Glad to see that you are benefiting from Mrs Keily Morrison mentorship. I did, and I'm still reaping from my decision to work with her.

[tiecoonracoon]

Honestly I had never heard about the claims of curing poverty until just now and I don't think anyone who uses crypto would actually make that claim unless they're the people trying to scam you

[bananajoe]

Who would have guessed that once big corporations and wealthy investors got into the market, it would all fall apart. Almost like it was done on purpose. It started out as a good thing, and of course was corrupted by those threatened by it's existence.

[williamspatricia]

I'm actually tired of working about stocks...it's driving me nuts these days, I think crypto investment is far better than stock..

[TheRedneckGamer]

It's almost like an unregulated unaccountable financial market will always become a method of toxicity, exploitation and criminal activity.

[fan_juggler]

TLDR: 1) There are many shitcoins. 2) Crypto won't reduce poverty. 3) Tether is shady. Therefore, crypto is the LARGEST FINANCIAL SCUM!

[meidomiseri]

Its a meme economy, thats what one of the few folks I know who have their hands in the NFT market said to me
and he meant it, its all about making people think these things have value.

[chillaxtree]

Let’s thanks the sponsors of today’s video: Wells Fargo, Bank of America, JP Morgan, Goldman Sachs, the IMF and Wall Street.

[edselgreaves]

Once again the old adage "If people tell you that you need to trust them with your money because the system is too complicated for you to understand, then it probably means the system is a scam" proves to be true.