Where Are the Earliest Bitcoin Investors Now? | CRYPTOLAND Episode 1
ฝัง
- เผยแพร่เมื่อ 1 มิ.ย. 2024
- In 2013, one of the earliest Bitcoin conferences was held in San Jose, when one Bitcoin was worth $118. Now, 1 BTC goes for nearly $40,000, and the cryptocurrency industry has minted a new class of millionaires and billionaires with grand aspirations for the industry and the power it wields.
In this episode of Cryptoland, Motherboard catches up with some of the earliest investors present at the Bitcoin 2013 conference and reckons with how the cryptocurrency industry has evolved over the past decade and looks at where it's going.
Watch all 8 episodes of CRYPTOLAND here: • CRYPTOLAND
Subscribe to MOTHERBOARD: bit.ly/Subscribe-To-MOTHERBOARD
Follow MOTHERBOARD
Facebook: / motherboardtv
Twitter: / motherboard
Tumblr: / motherboardtv
Instagram: / motherboardvice
More videos from the VICE network: www. vicevideo - วิทยาศาสตร์และเทคโนโลยี
Watch the next episode of CRYPTOLAND here: th-cam.com/video/1bxx1jFSlMI/w-d-xo.html
she's the worst...
The girl at the interview said America is owned by corporations. Indeed.. vice and motherboard are just wall Street poppets pretend they are doing something good .. lol
Damn this video is powerful. This has to be the most authentic documentary on crypto I’ve ever scene.
Clickbait af!
I'm new to crypto trading, how do I get started with the help of a professional?
In 2010 I worked in Whole Foods Oakland, CA I had a coworker named Bobby who was adamant about us buying bitcoin. I'm doing well in life now, but man I wish I listened to him!
Yo friend is prolly drinking some Don Julio on his Yacht rn
@@austinpark2161 LOL. He moved to Oregon and got all into the off the grid shit. Im sure the yacht is close by though.
@@MisterCee41510 so hes growing dank..nice 💪
@@18aplateindoors lmao. He's taking fat dabs and burning fat dank nugs
@@18aplateindoors Lol knowing him for sure in addition to mushroom trips in the woods
*"it was never about the money. it was about taking the power back from the powerful"*
1 minute 30 seconds later
*"the first thing I did was buy fancy designer shoes and throw a penthouse rooftop party"*
and there's your honesty
more like taking some of the money back from the rich and powerful.
Yep a bunch of hypocrisy throughout the interview. Reminded me of the saying "communist until you get rich, feminist until you get married".
You can do both at the same time. Not mutually exclusive.
a damn shame you cant understand nuance
From 2013 to the shoes in 2017. So what she said was true, in 2013 when she started it wasn't about money
That ÑFT going 404 is priceless
That 404 was the real NFT.
Ouch you don't get it...
It was a layer 8 issue.
Haha so much for decentralization 😂
You mean that mp4 lol
Most people venture into crypto investment to be a millionaire meanwhile I just want to be debt Free
That's very practical and smart goal, a wise man once said do everything in your power to get out of debt, one of his tips on getting rich
I'm from spain, I have been an investor in the crypto market for over 2 years
Now is the best time to purchase and invest in Bitcoin, stop proscastinating!!
I recently got into forex trading and I'm already marvelling over the profits am making
@@christopherhobb7702 same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some bitcoin before it's too late
Everything needed is found on the charts📈, plan your trades, figure out where to enter the markets, place your stop-loss, and take profit orders, with advanced and free technical analysis / signals also if possible. The charts📈 have been developed specifically for traders to study technical analysis and offer a large selection of free indicators, and price feeds. So it baffles me to see the majority of traders loose
📉
.I did some research on the internet and stumbled upon a trader Thomas Fuller, his trade signals are awesome and he has a well known internet presence.
,So true because finding him is easy he has the same username across all social media!!!
. how do I get access to him
@@savokauermann8969 thomasfullerofficial
Like how vitalik is just walking around and is just “this guy” when he was technically worth $3Billion at one point
Prob. will be atop the Forbes list soon... He is. low-key the face of crypto.
His worth is not intrinsic so it literally means nothing to the real world.
@@CompetitionSportsNetwork what you’re worth is literally the only thing you can determine what you’re worth to the world. Go start a business
@@Kaminoextragalactic I already own a business, but I refuse to believe in anything that is made up 100% and considered valuable by unproven people. These crypto wannabe millionaires/billionaires are not going to last much longer, people are starting to realize that crypto is a huge scam. Just look at how investors in that crap are being treated right now. They will not allow you to take out your money because they fear losing everything in their fake world. If a crypto company refuses to let you take out your own money, that right there is a scam. I hope the entire thing burns to the ground because a lot of people are going to get hurt by relying on this crap.
"We're living in a world where corporations have more resources and power than nation states".
The East India Trading Company would like a word.
Looool
literally thought of this.
could u explain how? I'm trying to understand the statement
@@outresru7751 if you have not heard of the East India Trading Company - imagine if all the Silicon Valley tech companies combined, but were also granted the full legal protection of the British Empire, at its height to basically do whatever they wanted. This includes, but was not limited to, raising full armies, invading and conquering entire countries, and being granted the right to tax the populous of those conquered states. They were granted "trading monopoly" over both China and India, meaning that essentially all trade for both of those very substantial countries was owned by this one company - and it's estimated 15% of all trade in the Empire went through The East India Company. I cannot think of any corporation before or since that even comes close to the level of power this company was granted, albeit to the benefit of the British Crown at all times.
@@outresru7751 Basically (from an uneducated, not totally studied at all point of view), it basically means if you were to consider companies as their own countries, they would have more money than some countries, and with more money usually comes more power. Like how the Vatican City works within Rome. In the past, the East India Trading Company was a company exporting spices from India, and had so much wealth that at some point in time it could reasonably (and probably did) have its own army and navy to control parts of India because they wanted natural resources from that area.
again, wasn't looked up, just vaguely remembering what I've heard.
Was there a bit where we got to hear about the earliest Bitcoin investors and where they are now?
nope
@@justindilworth8385 I watched the whole thing
Thanks, I stopped at 0.08 after reading your comment
Thanks savior
Saved 32:08 of my life!
if there ever was a video that convinced me to invest in crypto, this was not it.
Chick at the end was just talking in circles
Your poverty is no one's business
@@killaking22 she was so bad and was pissing me off. She is making crypto look bad
@@joyandpeacefullaughter5307 Do Kwon? That you??
She hasn’t convinced me at the slightest. She’s comparing crypto’s value with trillion-dollar companies’ value, only that these companies actually give value back to the people (products, services etc), while crypto money mostly don’t give back anything to the general public.
Sending money from the one side of the world to the other side of the world without a third party is pretty big imo.
People working abroad and sending money back home pay so much in fees using WesternUnion etc etc..
Bitcoin - crypto, is here to change the world and it already changed the lives of many.
To me, the value of bitcoin is that there will only ever be 21 million bitcoins. No central bank can print more bitcoins. How is anyone meant to make a good life for themselves when their own government is knowingly debasing your money so that it's worth less and less each year? Last time I checked, no one is getting a payrise that keeps up with the true cost of inflation.
Moving from fiat to bitcoin would take away the banks power to do this. And just like real estate and gold, wouldn't you rather own a hard asset that goes up in value the longer you hold it? Why would anyone want to own something that depreciates?
Crypto takes away power from banks and countries. Bitcoin has a finite supply which protects your buying power against inflation created by the government. Governments also can't censor any crypto transactions. It also provides access to digital money to those that don't have access to a bank account (big deal in less developped countries).
Also, banks currently basically give 0% interest, while they speculate with your money and inflation eats away your buying power. In decentralized finance, you can get the interest you deserve
Bitcoin does help youre just too stubborn and arrogant to learn about it
@@ashdraked you mean printing more money on top of money sure gotchu…. With security 😂
Told my hispanic mom about cryto in burger king while we were eating in 2011 she told
Me to work hard and get a job. I was 13 at the time.
This contains some of the least convincing arguments for cryptocurrency I’ve ever heard, and plenty of half-truths on its history and the intent of its earliest users.
yeah its vice
That's the entire point of VICE's video.
Agreed, the lady couldn't answer the tough questions.
Crypto is not going to stop or solve wars, it's trying to empower people to stop wars themselves
She definitely on her salesman tip
She checks her phone when the conversation strays away from her for a split second.
I still remember like it was yesterday when I told my mom in 2017 to invest her whole tax return into Bitcoin when it was around $500 a pop. Boy I swear we would’ve been set for life is she had listened to me :(
That's fine. Your mom is not a gambler and majority of people would do the same since they don't know yet what bitcoin is.
If I was your mom and my mentality is like a baby boomer, I would do the same too.
I feel you bro. Same happening to me right now with GME. Nobody takes 5 minutes to listen to me and just instantly say no to whatever I say.. and i know they'll regret it but what else can I do?
I don't know about "set for life" on a couple bitcoin, lol
Probably you would had sell it at 3K
@@Father_of_Internet GME isn’t going anywhere lmfao
Haha the guy’s throwaway comment when he sees “someone running around with an actual shiba inu” was hilarious 😂
Right, like what’s so crazy about that? Lol
@@americalopez4709 its funny because theres a coin named shiba inu
This woman's a prime example of someone that got in early claims to be an expert but has no idea what the underlying technology is capable of. She's a sales person, all the issues were met with how large and fast it has grown, and critizing the current system without being able to explain the benefits of crytpo to that system... we have a awful long tail right now.. you're generationally handicapping future generations
THIS.
Great, she can pitch to teenagers and but leaves taste if everybody elses.
Listen to her on „up only“ for example, she definitely knows what she talks about
wait, didn't she explain the benefits of crypto in the video? Marginalized people having the freedom and chance to earn? Can you elaborate on this? Trying to understand what you're saying here.
read my comments so true i thought the same thing!
literal rocks that power your digital rocks hmmmmmmm
My friend told me in 2011 to get some Bitcoin $10 each. Wish I had the freaking audacity to listen him.
It's not too late, Doge coin still has much room to grow, with support from vitalic and Elon and a bunch of other big CEOs and corporations, the ethereum bridge and burn and staking that doge coin is going to transition into will give it much much future growth
@@CH1EFBL1TZ 😂
Pain.
for every crypto investor success story, there's at least 10 who lost everything or barely managed to climb back to even
So is stock market & other types of assets.
Umm, try millions.
Recap of the interview starting at 13 minutes : What is Bitcoin for: “buy nice shoes, buy politicians, tax evasion” How is Bitcoin different: “it’s almost the same thing, but I can’t explain because you would not understand, just read the Satoshi Bible”
(Investing in crypto currency now should be in every wise individual list, in 2_3years time, you'll be ecstatic with the decision you made today.:)
Well I totally agree with you
Bitcoin will definitely hit 100k soon
Investment is that tiny line that separates the rich from the poor.
@@ronicamampuya2954 I truly agree with you on that,
speaking of investmentl. I know I am blessed because I wouldn't have met someone who is as spectacular as Henne Nate
To understand Bitcoin one must understand the history of money, gold, and the banking system.
LOL, really?.....Bitcoin is a made up product intended to dupe naive people into buying into it because its value is based on 100% hype......Why would you ever put your money into something that literally does nothing but cause fake millionaires to be created?
Halfway through the video when they have the sit down with those two... both of their communication styles are indicative of people who were never "outsiders" or socially/economically disadvantaged at any point in their lives.
I'm glad I stumbled on this.Investing has changed my perspective on how one can succeed in life.Working multiple jobs for money isn't the optimal way to attain financial freedom.Unfortunately,we find this out later in life.Great video
Expert Mr Nicholas,He is famous and registered broker I will recommend his trading services for you,his strategies is amazing and is working
Life was hard for me until I started trading Bitcoin and am now earning $19,435 per week
With the consistent weekly profit I’m getting investing with Hawkins,there is no doubt,he is the most reliable in the market
To be honest I invested as low as a $2,500 because I was skeptical initially.Receiving my profits gave me more confidence to try again.
How can one reach an expert in trading , cos I have lost alot of money trading with a wrong trader .
‘We live in a corporation state’ yet cryptocurrency is dominated by large corporate exchanges. This woman has no idea what she’s talking about.
And it's her job to know. It smells like such a grift to me, the amount of hand-waving "it's all new/we're building something new" to any concrete concerns is such a red flag I am amazed so many people blind themselves to it.
@@thomasam4118 I mean her quote about not having time to explain blockchain to people says it all…
You can buy Bitcoin and crypto thru decentralized exchanges which is owned by no one. So clearly u have no idea what u r talking about.
@@erwina4738 Exchanges are surely owned by someone, even if that someone is a group of someones (corporation). & these exchanges, &/or entities affiliated with them, have a considerable effect on the coins they exchange.
Wow watching Charlie talk back in 2013 about Bitcoin being his purpose in life, damn that is powerful
She aspires to have significant political influence, a potentially closable finanical system and be a leading light in the world of an asset class that already has more power than many nation states. It unfortunatley looks to me like there are already a number of big red flags being waved around by her.
hundo p.
That probably is her own delusion.
She's rich but there is no substance to what she was talkin about,
She wants to promote bitcoin's neutrality to combat agaisnt the federal banks who is currently devaluing our purchasing power by 10-20% year by year through inflation and making sure war wages out in order to continue making the dollar theyre uncontrollably printing valuable and shes showing red flags??
I wasn’t too impressed with her quoting the cryptocurrency God as a response to a fair and important question - “If you don’t understand, I don’t have time to explain it to you.” I certainly understand that mindset being applicable in many instances and I’m sure it was supposed to be lighthearted and humorous. When you’re trying to hold public office and change the world’s financial system, however…I would say…tough shit. Make it make sense. It matters.
Thanks for the Enlightenment, The truth is. money is worthless until you put it to work. Successful people look for business to invest on and make more money.
His trade execution quality and profiting is well structured with great financial features.
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
Good good content.
Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.
I've seen so many review about this man called Romero pieto who is he ?
Thanks for the quality content!
I really appreciate the cryptocurrency update we are getting from you, for me I think this is the best time to invest as the market is at a low rate
honestly the right information is what we need to succeed,i believe the benefits of a successful trade.
@@gaijacqueline4935 you're right!bitcoin is so unpredictable,trading and making profits is the safest choice.only few people knows about this huge opportunity
a full time trader requires an eminent amount of trading experince and aslo a passion for trade else you gonna blow off you account....and believe me this is the more reason why i choose mrs gwen stacy because she guides me through with good strategies just as some benefactors has said about her too..
She's so happy with her new expensive shoes and the "crazy 100k party" ...such an inspiring story.🙄
you focused on that and not what she talked about directly after? sigh
@@Hackitop She had the option of not telling those stories...she was the one who focused on that. I just noticed. I invest on Bitcoin, but if I looking for inspiration or information this interview would most definitely not be a good source.
@@Hackitop They are Incels in their mothers basement with no worth.
@@correiajesus it wasn’t meant to be inspirational, she’s re-telling her personal story of being an early Bitcoin adopter. Obviously you wouldn’t show someone this for inspiration that would be pointless
I am sorry but Melton (who I am assuming is the woman) did not explain why Bitcoin could change the world, at the end she just goes "If you do not understand I can't explain it", she didn't explain it in the first place. I believe they could have interviewed someone better.
‘If you don’t understand, I don’t have time to explain’ unbearable.
Poor thing
Yeah major red flag
She is literally a walking red flag and my new view going forward that Bitcoin is just another market with concentrated wealth to the few early adopters was solidified by this woman's awful impression she just made on me. I don't trust her at all while she sits up there with her shit eating grin. Classic dupers delight.
@@BlairBryngelson You're right. She's financially incentivized to sell Bitcoin as the future and this great, otherworldly technology.
@@BlairBryngelson early adopter's mostly have away Bitcoin for free or sold significant amounts of Bitcoin at the previous all time highs
I feel the questions thrown at the CSO here were kind of light, she subverted a few of them and the journalist didn't circle back. I was hoping the journalist in the middle would try to identify the red flags but he seemed to just look past them. Too bad, the first part of that round table I bought into quite a bit
She was dancing around those questions! But he was absolutely right. At some point the majority of all Bitcoin/crypto will be owned by a minority of people. So we then have another social structure of haves and have nots. No one has answered that question yet.
I really like Krishna covering content. This, however, was a miss (along with the dark-haired miss). The video should have been titled "The current debate of Crypto's efficacy - Is it worth the hype we were sold?". Excited to see more episodes, great job Motherboard
Yea the discussion was good
I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Annajn
Mrs. Annajn changed my life because of the huge profits I got from investing with her.
You invest with Mrs. Annajn too? wow that woman has been a blessing to me and my family.
I’m new at this, how can I reach your broker?
I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.
@@EliasDSmith You can communicate with her on telegam, with the username below.
Thank you for the lovely conversation Motherboard
The missed Hi-Five @ 3:56 priceless
She dodged those damn questions “What makes it so different? How does it solve those issues.” I’ll answer for her: it doesn’t.
Facts. She literally said, “if you don’t understand, I don’t have time to explain it” like what the fuck???
@@joaopedrocatao5051 yes she had terrible arguments. But the fact she couldn't really answer those questions does not mean blockchan is no different
“If you don’t understand I don’t have time to explain”
How do we get anywhere with this thinking, I have a lot of questions.
Almost like she’s saying we like people who blindly invest their money and don’t ask questions on what’s really going on.
Right like how are we just gonna ignore that bullshit ass insult of an answer. Everyone in here giving her praise is ACTUALLY delusional, as she said…
She's literally the worst guest they could've gotten
Lol the reason your sitting at this very table is to explain these things lady!!!!
"Bitcoin is a great hedge against inflation"...yeah right.
I came here to learn how to invest in Crypto after listening to a guy on radio talk about the importance of investing and how he made $125,000 in 3 months from $36k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
@Dorothy Fleming Wow, i'm shocked you mentioned Mr Brian Davis, I thought people don't her, he's really amazing
Mr Brian has changed my financial status for the best. All thanks to my aunty who introduced him to me.
Mr Brian Davis is one of the best traders I have worked with.
@Dorothy Fleming How can I get connected to this Brain davis. I'm interested and willing to invest with him
I have invested and earned up $150,000 from he's trade. He's doing a great job here.
3:55 That is me in life everytime I buy crypto..
23:36 Bitcoin has not created any wealth, it has just shuffled it around. In fact it has burned some wealth when the mining turned electricity into heat.
This was awesome...vice.
What a Phenomenal crypto talk, thanks motherboard team.
So all those early adopters just became amazing salesman
Spot on.
I wish this series had less of these studio interviews from and more real coverage.
Awesome series!!
Great content
I love the pushback in the last half. Good shit.
I'm new to crypto and I find it difficult using these strategies well. Where can I find a legit broker? that will manage my account and also teach me how to trade
wow, amazing to see others who trade with Mrs Naomi Morgan .Working under her management setup has elevated my trading status to a pro level in less than a month
I've stopped worrying about the fall in the price of Bitcoin since I began using Naomi Morgan strategy, and I've made gains every day even when the price is down. Never ends well for dictators
@Yuize Rowland Yes, she's very consistent at making profit
Please I really need to get this, how do I reach Naomi Morgan?
@Griffin Davies Thanks for her info, I'll get to her right away
Really enjoyed
The coinshare lady has such an attitude. She denigrated the guy next to her and laughed with a smile about it, belittled the conversation with the two people at the table, interrupted the other speaker, and then checked her phone when the conversation went away from her for a split second. How rude at so many moments.
This is the most meaningful and knowledgeable debate about cryptos i have watched so far, thanks guys
The moment someone starts swearing you know s/he is loosing and doesn't have valid points. The lady was ssoooooo cocky!
the lady at the end is incredibly well spoken
Amazing the growth and what is to come.
I remember buying drugs off the silk road. Bitcoin when I first got on was only like 12 dollars. Few months go by. I go back on it's now 400. I remember watching it every few months. But there was so much fear mongering back then. Then all these crashes happened. Then Mt gox. Then Eth came out and sounded better than bitcoin. So much woulda coulda shoulda.
I now have less faith in crypto after listening to her speak
for a good reason, look at the spam reply you got
I don't blame you. She was not a good representative. Try this video instead: th-cam.com/video/BF0v2MSR0tU/w-d-xo.html
Amazing
Some great verbal aikido in that interview. Lots of well spoken ways of not answering the question.
lol so she totally dodged the question on what does bitcoin solve 🤣
it’s not often you find those who get rich sticking around and helping everyone else. Hats off to these early investors, you can tell how much they care about crypto.
they are trying to cover their ass buy finding new buyers for that garbage. They are not "Rich" because their value is not intrinsic at all, its all made up with fake numbers based o nan algorithm that creates worthless coins that nobody can ever touch. What could go wrong!
The Dutch East India Company, officially the United East India Company, was a multinational corporation founded by a government-directed consolidation of several rival Dutch trading companies in the early 17th century.
They did great things.
Ok
I'm from San Jose, and I barely heard about Bitcoin back in 2014. I don't remember where I saw the name but I was curious about it and googled it, finding an article that talked about how big it was becoming but I could barely comprehend what the coin was about. I didn't end up buying into it until recently. I wish I knew about this conference existing, because I would have went to this instead of Fanimecon lol.
I'm a retired nurse for months now and I'm yet to figure out a plan while staying at home, talking about crypto I think that should be a great idea.
How do I get to know more about this??
@Lethabo W I've always wanted to invest in stocks but was always discouraged. I wanna start now
I personally intro you to Gaila Benartzi Fxtm trade financial institution. Galia has always been the best in that institute, i have been working with her for months now, Investing with her is awesome and of no regrets...
@@anna_kendrick oh my gosh I saw that recommendation last week but I didn't bother chatting her up 🤦🤦
@@anna_kendrick She's good and guaranteed, with her you get to see forex Trade from another angle... Working with her is all about win win win
@Jocelyn Maria
I'm gonna drop you
Her digits
🤙⬇️
I love what he says. It's in the people's hands to decide where crypto goes, if you are worried about the future of crypto, get in and help create the future you want to see.
The scammers are taking care of that for me.
@@TheSofajockey {I teeter
Crypto is dumb, maybe the blockchain has uses. but Tokens are stupid
@@mad-cyantist3159 utility tokens have more use cases than most meme coins. NFTs can do a lot of things, but media only focuses on the art ones. My favorite are music NFTs and DAO Nfts that have a lot of potential for collective action and co ownership.
@@kellymillermusic7305 I mean, i guess eventually we will find more solid and appropriate uses for these technologies.
right here and retired i bought 230 at the start and cashed out at the peak!!!!!!!
great debate
I remember staring at the live BTC price around 5/6 years ago when it was hovering at £111, for a week straight on my work PC. I didn't know much about it, but I had a gut feeling. Wish id just gone for it..
Try invest in Luna . It is really cheap know 🤫🤣🤡
She answered very few of the questions directly and mostly skipped around them
Thanks
3:52 I'm dying at that high five fail
Soooo moral of the story people are selling a the dream of a decentralized BTC state but BTC actually haze zero use case and does nothing for anyone to make the world better
Yuo
Yup
for someone to get rich without doing anything, there must be millions of others who are starving
I mean, the average US household income is in the top 2.7% of worldwide income, but judging from how much they complain about taxing the rich, I know damn well they not donating to MSF
Lol wut????
I wish I still had the 30 or so bitcoin I had back when they were only worth like $20 each.
Ooops
I bet u do 🤣😂.... i still have 5
3:54 I felt that
We living the dream bro
My theory is that the founding fathers of Bitcoin called themselves Satoshi Nakamoto.
3:54 they did this dude dirty putting this in the video 😂😂
Expected the video to be VH1 money-worshiping, but this was actually pretty interesting. Don't leave Dexter !!
I hope they talk about other crypto in this series. Bitcoin is really it's own beast that is really primarily viewed as 'internet legal tender'. The rest of the crypto world is all about the tech. Think of Bitcoin as a large gold brick for the internet. Think of Ethereum like it's Apple in the late 70s. Both offer money making opportunities, but only one of these two really thinks about how to evolve beyond that.
youve gotta understand that bitcoin is the the majority of the crypto space, and that any of the other tech/crypto names will be lost in translation (tonic, shib, eth, sand, etc etc) in maybe the next 3 years other names can fit the bill to be spoken about how btc is. People still dont understand the metaverse. its still VERY early on for crypto as a whole, not even 20 full years has this tech been available. i just wonder where things will be. i vividly remember btc being worth sub 250$. just hope the investments i chose work out.
@@bawlout9367 Problem is that PoW is not sustainable, not just because of environmental concerns, but because hashes get harder and harder, meaning there always HAS to be a steady price increase over the years to keep mining profitable. In fact, I'm fairly confident there's some price manipulation going on behind the scenes. Note: Not saying to sell BTC now as I don't think the inevitable crash will happen soon. It might take a few more years. But it WILL happen. I just believe that the bitcoin "lobbyists" are very loud because they have to be. At this point, PoW is more religion than anything else.
They're both ponzi schemes, you're not Apple, stop kidding yourself. There is NOTHING that is better done with crypto or NFTs that isn't done better without them, except crime.
Are you okay with blood diamonds? Would you make your fortune off conflict diamonds if you had an opportunity? Bitcoin is the same thing, and you're lying to yourself if you think otherwise.
You may make money, but you're helping human trafficking. And odds are you'll lose money anyways. Crypto is bad.
Ethereum is a scam.
@@arbo3495 Likely the most currently universally well regarded coin is a scam? Damn, dude. If that's the case, best not to invest in any crypto at all.
“Somebody running around with a Shiba inu” 🤣🤣🤣
I've known Bitcoin and Doge since 2014 when one bitcoin equals to $400. Started to mine from small faucets. Put it in some wallets, but ended getting scammed and I gave up. I regret I gave up, not knowing that this was going to be big. And now for the past 10 months I restarted to save and invest. I hope i'm on the right way.
nice
Listening to Meltem is hilarious, she is such a typical crypto person she has no really answers to any question she is asked.
I guess you have the answers?
@@RonHeartt People like her don't have the answers because most of the stuff they talk about happens at such a small scale that its largely irrelevant.
How often do Afghan women use crypto to evade the Taliban? She says it happens all the time but if it did crypto advocates would have better evidence than saying, believe me, I know it happens, someone on the internet told me it did, which is what most of their claims come down to and is why they can't actually give real numbers. It likely happens so rarely that no one really bothers to keep track of it. And why would it be common it doesn't work any better for a woman in Afghanistan than just having a foreign back account, in many ways it is worse considering the fees and time it takes to process the transaction.
This is how most stuff with crypto work, it rarely is an actual solution to anything so anytime someone doesn't give a real answer to a question you can usually assume that it doesn't actually solve the problem they are claiming it does, at least not any better than other systems and they are just trying to sell you on crypto to make their investment go up.
That lady telling her story about her first luxury high heel purchase is truly inspiring lol. That's the reason why this is a complete sham. Any investor wants to just divest assets, how is that saving the world? You own something, then wait till there's more demand and split it up and sell small portions to others. You're saying the currency we should use could fluctuate faster than actual currency? WTF!?
She just rumbling around lol
Flaky arguments from that lady., spouting out shallow stuff shes heard but no depth. Very typical maxi pushback when questioned around how democratised BTC is. Love the response from journalist.In crypto since early 2016 so Im a big believer but this is cringe.
Just like stocks once the big fish get involved they can control the market
@@traveller4199 Zero substance, so easy to see through her crap
Use stable coins that are pegged to the dollar. I would never use my Bitcoin to purchase anything directly due to its fluctuation. Buy/sell through stable coins.
Stake your stable coin on Anchor protocol for 20%’ish APY. Where can you find that in the worlds banks?
I don’t agree with her statements entirely but holistically some of her points hold.
And as mentioned, just like stocks, there is always going to be whales who can control and manipulate everything. They have billions of dollars and buy the supply. When they sell, it dumps. This can never be regulated or controlled. It’s their money. Unless it becomes a law that you can’t sell more than xxxx coins per day. Highly doubt that’ll happen.
Everyone overlooks that institutional investing is occurring in crypto. They believe in it and brought it to the stock market to gain global adoption to invest. The gateway to crypto is that noobs don’t know how to buy or sell. We’re still in the adoption phase.
3:55 Thats just brutal
24:54 Precious metals are not "literal fucking rocks", they have a wide range of industrial applications in electronics and so on. Also that grin/smile screams "I'm a one percenter". Talk about becoming the thing you set out to destroy...
Thanks for narrowing it down to a moment. Throughout the interview, I was thinking about the part in Animal Farm when the pigs are observed as walking on their hind legs
Precious metals might be the new thing considering the push for EV
"We're a 7 billion dollar publicly listed company" ..... the irony
Lol.. exactly, you nailed it! Everytime somebody tells me crypto is decentralized, defi, blah, blah.. always ask them how much is their crypto worth. And They always compare the value to the USD.
@@JJs_playground I’m all for hating on crypto guys but that’s a silly take… what would you prefer they report value in, ounces of gold?
@@JJs_playground thats the best currency to compare it to lol you seem to not have an understanding of the economy
@@JJs_playground " how much is your crypto worth" more than your life jameel. people have the money to take you out if they wanted. or kidnap u for enslavement. crypto rules the world right now. i bet i could make u do whatever i wanted for a single bitcoin lol
Seeing all those rich, important people in a room together when they weren't as known is mind blowing, I wish i was at bitcoin 2013 lol, although i wouldve only been 9 years old
3:55 Dude's left absolutely hanging
The upspeak in this gal is off limits
"Literally fucking rocks" are on your fingers....
Started mining back in 2009 in my 1 Bedroom Apartment. Now typing this from my ranch in California.
3:07 prob the last time Vitalik was able to walk alone in peace
That crypto table talk was a very scary thought exercise from the crypto expert. She was absolutely correct, “She is trying to trap you in her delusion.”
Bitcoin will never happen again, these digital coins are now mainstream, everybody wants easy money, but nothing comes for free, it more about luck than the investiment itself.
no its about being the first. then market it. pump it then sell. pyramid power
@@judgemanny9316 Its a mix of both situations.
Seems like everything that goes mainstream is ruined for the majority. And now the government wants their share by making it taxable smh
Dope to see my nft featured in the background. I am an AR VR artist and have been minting nfts for 779 days now and its been the best way for me to connect with other future thinkers that want to change the world
Do you now that it is all a scam?
NFT's are garbage and will eventually fail because real art collectors hang their shit on their walls. NFT"s you can't even touch. What are you gonna do?...bust out your phone to show your friends all the art work you own LOL....gimme a break. Right click and copy and save, there ya go....NFT's are free! Why buy something you do not even control?
This will age for better for worse. I'm in it.