In the beginning there was only Bitcoin, but today there exists a dizzying array of crypto projects promising eye-popping returns to investors. In this new Wild West, doge-themed memecoins and complex “decentralized finance” (DeFi) projects are making some people rich and ruining others due to scams, hacks, and plain old poor investing.

    Check Out More Here – https://youtube.com/playlist?list=PLTlJK3kwZIbRB_fgZhKA6IXrJOMrVgT9S

    Help keep VICE News’ fearless reporting free for millions by making a one time or ongoing contribution here. – https://vice.com/contribute

    Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

    Check out VICE News for more: http://vicenews.com

    Follow VICE News here:
    TikTok: https://www.tiktok.com/@vicenews?lang=en
    Facebook: https://www.facebook.com/vicenews
    Twitter: https://twitter.com/vicenews
    Tumblr: http://vicenews.tumblr.com/
    Instagram: http://instagram.com/vicenews
    More videos from the VICE network: https://www.fb.com/vicevideo

    #VICENews #News

    42 Comments

    1. Crypto market is: the new online casino of the USA. Only Gen Z (zoomers) and gamblers buy into this. Keep circling the rat race, 🤡🤣

    2. Safemoon is down 70% in the past day lol. Looks like a whale sold off around midnight. Maybe they knew Vice was dropping this banger.

    3. Betting is right. It’s gambling, only unregulated, I mean decentralized, gambling. What could go wrong? Also, look into “wash trading”, seems to apply here.

    4. These episodes give me braingasms!! I don’t participate in crypto anymore, but I feel the need to stay informed because missing a beat could be an issue down the road when the world moves away from physical currency.

    5. I lost my lifesavings on cryptocurrency hype. I regret getting involved and investing it believing I would retire. I will have to work for the rest of my life since I lost my entire nest egg $600,000 for a 40-something year old.

    6. People need to stop lying by saying they get into crypto because they are 'passionate' about a project. You want to make money, stop calling it something else.

    7. This guy is everything wrong with crypto and the folks who join it. Wants to gain impossible amounts to not cause mass harm to other and he just puts out mind and then goes to avoid paying tax on that money to even do the smallest bit of giving back to give reparation to society for the harm.

      I genuinely believe Crypto is part of why we are approaching such a bad recession

    8. Safemoon has a real CEO ? Safemoon CEO got caught STEALING millions of dollars repeatedly from liquidity pools and exchange fees

      Literally the biggest scam coin out there ffs

    9. “CRYPTO will change the world”… I always hear this saying, but I never hear a solid answer as to how crypto will be USEFUL in the future. It’s just money being tossed around. Pure speculation right now. Can anyone explain? Thanks

    10. Thank you for quality programming. What you are describing here is accurate – the flight to safety to the US stock market and dollar. This is what is keeping the market going at this time and preventing a crash. This "melt UP" phase will go on for a while, then as the global economy crashes so will US markets only harder due to the "No Win scenario" that has been created by so much obscene debt. Next comes the "Default Phase" with mega-massive bankruptcies and lastly "Asset Seizures" where banks and the Fed government will simply declare an extreme national emergency to justify the crisis and debit your account directly. The fools will think that this could never happen. The actual legislation for this type of action is already in place. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 189k from day trading with Anika Hobson in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

    11. Synthetic stock shares are just as harmful as altcoins that don't do anything. Some altcoins like ETH and SOL are building real things that are pushing technology in a different direction.

    12. The new improved COINBASE_WALLET_AUTO_BOT that is based on Coinbase Tech,helps avert losses in the vast crypto sphere like trading,keeping track of the market curves,NFts etc. Needless paying huge sums & still incure losses when you can have it lesser. Reach out 👆 for more.
      ❌Not a Bot Message❌

    13. Not every other coin is an "Altcoin".. there are dozens of Crypto that are software being utilized with far more function that Bitcoin.
      – this guy buys penny stocks, that is it. He got lucky, like people do. Gamblers…

    14. Really High Risk? Being correct on WallStreet, then u find out none of the Brokers have any stock, they barely have collateral, and they will conspire, use synthetics, and maybe even turn off buying like with Gamestop–' and the SEC won't do a thing. I'll take Free Market all day over the scam that is WallStreet

    15. Don't get fooled with all these crypto fake scam bots in the comments. Don't spend your money on unless things like Fking meme coins of all things. These scam bots are worse than the cringe Tesla fan boys ever will be.

    16. Crypto is a form of gambling, just packaged as “Oh you CAN get money and get rich, but u have to invest early, and if it crashed or you get hacked, your screwed.” What a good way to spend your money and time, very stable. 🤦🏻‍♀️🤦🏻‍♀️

    17. Hey Charlie Lee, I like LTC and i own some, but you just described your own "buy before pump and sell before dump" scheme. You did that, no argument here.

    Leave A Reply
    Share via