Twitter is so yesterday - soon it will just be an echo chamber for elon and his toadies to call each other names!

@@Bongwater33 So basically the same as before. "Meet the new boss, same as the old boss"

I don't debate noobs on OSRS m8

which is also the new slogan for Twitter

​@@rhamlet5290 exactly the same 😂😂

He didn't get the full reach around experience of a slam you in the a$$ prison.

We brazilians would love to have him here in our prisions;

@@OrangeBoymusik haha that would be so funny

Billionaires go to the types of prisons where they have menus, 3 meals a day, and spa treatments.

What sucks is it SHOULD be that way, jail shouldn't destroy ppl (almost guaranteeing recidivism) but we only afford dignity to scammers who manage to scam the wealthy... Are they going to learn "don't scam again"??? OR are they going to think "the sentence for scamming could be worse (drug charges, stealing a tv) so maybe I'll just risk more scamming since that's what I know how to do."

I love it when he rips a new one for HBO or any of it's affiliated companies. There was a while he couldn't do a show without insulting AT&T, and it was great.

I used to say shit like that. Then I married my accountant. And she became a teacher instead. And instead of continuing as our tax accountant my wife found a good one for us because it's a job that has half your time trying to stay current as an accountant.

Oliver is a total buffoon

lol

That dollar won't be worth a dollar in 5 years (in that you won't be able to buy something for the same value) and will eventually be worth nothing. A stablecoin pegged to the dollar is effectively the same thing, but at least it's easily transferrable to anywhere in the world at a fraction of the cost. Additionally, stablecoins actually help the US dollar, as they decrease its supply

@@daxrico266 not sure why you think that, but additional stablecoins do not reduce the supply of dollars. If they truly are as good as dollars (and they clearly aren’t, but they are at least something of a substitute), then they add to the money supply and would create additional demand pressure and be inflationary (which does not “help” the dollar if that’s how you want to put it). As you acknowledge, stablecoins, linked to the dollar, depreciate in real value at the same rate as dollars. You may be right that they are less expensive to transfer, although it depends on what technology you use to transfer actual dollars (suitcases of cash, inter or intrabank wire transfers, Western Union are all different ways of transferring actual dollars, with considerable variation in the cost of transfers).

@@eliecanetti The largest stablecoins are, in part, backed by dollars. They do not add to the supply, because US dollars need to be purchased to safely maintain the backing (although there is certainly a question mark on whether they are 1-1 backed with some of them). I'm not sure how familiar you are with crypto, but stablecoins do not aim to compete with the dollar, but run alongside it. In regards to the transfer of funds, none of the methods you mention (or any other method that I'm familiar with) are as good as a simple blockchain peer-to-peer trustless transfer. The US dollar certainly has its advantages (security being the obvious) but there is also a place for stablecoins and crypto generally

@@daxrico266 thanks for the comment and the discussion. I take your point that transfers on the blockchain are costless (to the individual making the transfer at least, if not necessarily to society), and that would be the main reason for using stablecoins. Of course that cuts both ways, since as is well known, its costless for illegal activity as well, and I presume anonymous (I suspect you know more about crypto than I do, though I’ve been following the public debate as closely as I can). In that vein, it is indeed the cost of using cash, or the traceability of transactions through the banking system, that is a virtue in terms of AML/CFT enforcement. That’s why dollar notes larger than $100 bills were outlawed (it turns out money launderers’ biggest problem with using cash is simply the weight and bulk of transporting large sums of money using $100 bills.) On your other point about the money supply, it still doesn’t make sense to me. Only the Fed can impact the monetary base (via open market operations and discount lending), and unless the dollars backing stablecoins somehow aren’t in the banking system or currency in the hands of the public, they are part of the broad money supply. I presume the dollars backing stablecoins (or partly backing a la fractional banking) are held in the form of bank deposits, for which banks’ counterpart assets are bank reserves, and hence available to grant credit (apart from required reserves of course). To the extent then that stablecoins can be used to conduct transactions, they form the same role as money and would be potentially inflationary. And yes, I understand that stablecoins are meant to be a supplement to, not a replacement for money, but that only reinforces the point that they add to system liquidity, purchasing power, and hence are inflationary. I hasten to add that I don’t think stablecoins play anything but a minuscule role in inflation, since stablecoins outstanding are a small fraction of the broad money supply, especially with the trillions added through quantitative easing, but I still don’t see how they don’t add to the money supply at the margins. It’s a bit reminiscent of the bimetallism debate at the end of the 19th century when farmers (and of course silver miners and populists like William Jennings Bryan) wanted to remonetize silver, precisely because it was inflationary, and debtors (which most farmers were) benefit from inflation (assuming of course, their debts aren’t tied to inflation, or at floating interest rates). More importantly, will this debate get us on Last Week Tonight?

@@eliecanetti Transactions on the blockchain aren't completely costless, but significantly cheaper than traditional transactions (depending on the blockchain). If we're specifically talking about stablecoins, the great thing about blockchain technology is that transactions on them are completely traceable so, if they are used for illegal activity, it wouldn't be difficult to trace a transaction from its source to its end point. There are certainly some smaller crypto currencies that aren't traceable, but the narrative that crypto is a melting pot of illegal activity is a false one, spread by the likes of Janet Yellen or BlackRock (to spread FUD, lower the price and buy more). Criminal activity represents just over 2% of all cryptocurrency transactions, which is insignificant when compared to the amount of US dollars being used for criminal activity (tax evasion being included here). The conversation around money supply is a complex one, and I think we could potentially go back and forth with that debate, but I appreciate your points regarding fractional reserve banking. I do believe that most stablecoin issuers hold their dollars in the form of bank deposits. In truth, I'm not so much a stablecoin proponent as I am a Bitcoin one. I hold more US dollars than I do USDC/USDT, but stablecoins play a vital role in facilitating transactions on the blockchain. Additionally, there are much higher yields on crypto exchanges compared to the poultry ones offered by banks. It'll be interesting to see what happens to stablecoins if the Fed is successful in its plans to introduce a CBDC. Thank you for your cogent argument. It's always good to chat to people with opposing views and get different perspectives

Good luck, hopefully you fully recover!

I luv u

Hoping that you get better soon, Love from malaysia.

hope you recover soon

Hope you recover soon, love from the South of France 🤗

Rich people can dress as if they're poor, because they can afford not to care.

That was hilarious 🤣

He also apparently was playing League of Legends while pitching his ideas to investors.

That angle was really unfortunate for his hairline

This one really got me too, dude. 🤣

John is presenting facts with comical tangents. While it seems like he is, he isn't always giving opinions. Go somewhere like Fox, which has been legitimately busted quite a few times skewing facts and outright manipulating information to justify a opinion, and the difference is alarming. Hard to fire someone that is simply telling the facts

True now, but do read Sinclair Lewis and Derek Raymond while keeping an eye on 2024.

​@@dlastmohican71Lol John Oliver is raking in millions ever since he sold his soul to the establishment just like Colbert did. All he does now is hit pieces on anything the establishment doesn't like. Why would he get cancelled?

Many Grammy awards might also have something to do with it.

@@freedomlife3623 Emmy?

Back then Bitcoin was 2900 usd. Today it's 29000 usd.

@@svenvdw4894 yeah thanks to people putting value in a worthless asset.

@@junemac7515 who decides who or what has value?

Then you should't have taken the Pfizer jab mann

@@svenvdw4894 crypto literally has no value whatsoever. Just hype and nonsense.

They held out till the commercial aired.

If society was more evolved and a baseline of good morals and ethics were a given, crypto might actually work. But we don't have the former, so the latter works for bits and spurts that makes a few people wealthy and most people lose out.

new tech has bad actors, how many people get scammed on the internet everyday, scams will never leave the world of Crypto, but that those not mean it is bad tech.

​@@cytherians Wouldn't you agree that if a baseline of good morals and ethics were a given blockchain would be unnecessary ?

​@@louisstrauss285😅 6:40 😅😮😅😊

Don’t forget his decentraland metaverse video

Funny how the early adopters of many cryptocurrencies tell others to hodl with diamond hands when they need the latecomers (i.e. YOU) to buy those same coins from them because they want cash, not crypto.

Seems like the greed gene runs in at least two members of the zuck family.

You can always go further.

@@phlezktravels Go where? To get more money?

@@jschuler53 That is something I’ve argued with my dad about before. When you have enough money that even your children and possibly grandchildren can live luxurious lives even if you all quit working today, then what is the point of raising even more; especially if that extra money comes from the suffering of others.

You know I’ve always thought about Mark Zuckerberg as a nihilist sociopath hellbent on a mission to destroy society bring anarchy and chaos while retreating to his Hawaiian island all because that one girl from Harvard who dumped him And my therapist agrees with me (she’s a psychiatrist who also holds a BA in Psychology)

At least she isn't singing "Ya Russiky" (or "I'm Russian", as sung by the pro Putin singer "Shaman")

Naw this America we expect russia 🇷🇺 🙄 to be like this but America 🇺🇸 to do better

Now I want to see Mark singing.

@@justsaiyan3294 Error 404: file not found.

Clearly your tutor has never heard of human trafficking/ slave labor etc….😂

Maybe he thought you spent too much time buried in a Thesaurus :-P

tutor: individuals were mushrooms? nope!

@@krazed0451 I don't think many people in academia have that kind of insecurity about other people's vocabulary, and neither should you.

@@snr0n /whoosh.

It's funny how true that actually is. I feel bad for the people who take his recommendations.

First came a grimace as I read your post, followed by a laugh. I really do not like that man. 🤬

😄😄😄😄😄😄

I'm actually curious to see what the result of doing what Jim Cramer suggests for a year would look like vs shorting everything Jim Cramer suggests for a year.

@@Atmapalazzo So, I looked it up and there is an INVERSE CRAMER ETF. It's only barely 6 months old though, so right now it's down about 6-10%. That's no indication long term though, and I don't know how far back in the trade history it goes. I'll post the link to it at the bottom. So, the INVERSE CRAMER ETF is currently in the red. However, I do not know what a CRAMER ETF is in terms of red/green. It's entirely possible that a CRAMER ETF that consists of all his recommendations could be both in the green OR in the red. I couldn't find one before this post and I didn't have a lot of time to look. Finding the inverse Cramer ETF was extremely easy, but again the problem is that it's so new that it's hard to predict how it pans out long term. It's hard to figure out long-term predictions when you've only got 3-6 months of total time on the market. You could look at the inverse ETF in 1-5 years and it could be up 10%, not down 5-10%. If there is a Cramer ETF, it has probably been around MUCH LONGER, so it would probably have longer amounts of data. Maybe a year + (probably not 5) vs 6 months for the inverse. IF YOU FIND OUT WHAT THE CRAMER ETF RETURNS HAVE BEEN PER QUARTER/YEAR, LET ME KNOW HOW IT COMPARES TO THE INVERSE ETF. Here is the inverse Cramer ETF site: www.crameretfs.com/ Here is it listed at it's price: www.marketwatch.com/investing/fund/sjim Again, I didn't have time to see if they have a NON INVERSE CRAMER ETF to compare it to. Now, I BELIEVE THEY SAY ON THE WEBSITE that it also has a CRAMER ETF that would be his predictions, not the inverse, but I couldn't find the data on it. IF YOU FIND IT ON THE SITE PLEASE FEEL FREE TO SHARE. Again, didn't have a TON of time to look through all the data there and write this. Wishing you the best! Hope to hear back from you and thanks for your engagement!

@@TheDogGoesWoof69 I'm sorry, but how can anyone with a brain still not be anti-Trump?

​@@TheDogGoesWoof69 What exactly was he right about? He's as full of shit as all these crypto guys.

​@@MrGamelover23and how can anyone who's not watch this show without their head exploding? 😅

@@TheDogGoesWoof69 How is that the one issue you have with them? If you think Last Week Tonight is correct aside from that then it'd be pretty hard to like Trump.

Tyler... Go for it bruh. I too love sissies like Trump. Less war when pervs like him rather engage in prostitute pee-pee parties... than engaging in regime changes, invasions/ illegal occupation of other sovereign lands.

He's confident that the show is so informative and entertaining that even if he directly told people not to watch they would still do so. In fact I'm pretty sure he's done that several times.

@@cumincalamity9867 He did, he literally once made an alternate episode just so people could choose to watch the show but not this episode, which of course we all did, why not? wasn't that just a short time ago?

​@537zun4 chuck e cheese ep instead of one about housing for younger people, because "let's be honest, you will never own a house" or something to that effect

​@@537zun4yes, that was like 2 weeks ago lol

He is British. Self-deprecating humor is their trademark

Coffeezilla is the GOAT for exposing crypto scammers.

Coffezilla being a modern day muckracker

I still binge his video on the SBF trial

wtf was that

Honestly I've been really curious about the writers as well, they're so funny and I love when you can tell John didn't write the joke lol.

Daniel O'Brien is a writer for the show who I was a fan of before the he joined Last Week Tonight. He has a lot of pop culture related videos on KZfaq from when he was at Cracked.

I'd take it a step further and do what Jon Stewart has done once or twice with "The Problem with Jon Stewart", which is some behind-the-scenes clips of the writers in action. A room full of comedy writers is always good, no matter how distressing the topic at hand.

My favorite part is that John isn't the head writer, DoB is. He's Just Another Writer.

I always assumed that the funny picture inserts they use feature the writers/crew as models 😂 I'm not sure about it, but that would be a nice, subtle way to honour the people who work behind the scenes.

Same.

"Are we the baddies?"

​@Capital J ur right all companies commit crimes, disregard nuance, let's go with the blanket generalization

@Capital J You don't even need to be working for the company. Your very existence is a crime from certain perspective.

@Capital J sorry. didn't know it was meant to be an off handed joke. Seemed, well, not funny so? Maybe it's tone.

Right? This KZfaqr, Patrick Boyle, covered this that basically if you appear on Forbes and you're running a scam, you should start researching on countries that don't extradite to the USA 😂😂 he was being facetious obviously but sure enough as soon as the likes of Elizabeth Holmes, Sam Bankman appear on the cover the feds catch up soon after.

Yup! Primerica was

crypto might be, but bitcoin isnt.

@@Scorch428 bitcoin IS crypto...

@@violasses "crypto" is the collection of scammy imposters.

If you can't afford to lose a penny, no investment.

@@youtubeuniversity3638 Casinos (don't) say that exact thing too.

500

I was given this advice for casinos, but it definitely applies.

​@@youtubeuniversity3638there's a huge difference between 1 penny and your entire life savings

America the land of the stupid

Shkreli also started a crypto apparently...and you can guess what happened to it.

martin should definitely be buried under the jail

@@mayanksaboo8045 He got so butthurt when people called him out on it too lmfao

@@Donttalktomeifyoureabot He's an actual sociopath. Spent time in prison and immediately started scamming people after.

Its' always good to see a quote from the good Doctor. You have to think he would be having a field day with some of today; issues.

Goddamn what a fine quote.

President Josiah Bartlet: . We foster, we obfuscate, we rationalize. "Everybody does it", that's what we say. So we come to occupy a moral safe house where everyone's to blame, so no one's guilty. -- West wing

m.kzfaq.info/get/bejne/ldOZp5qanr-oeqs.html

I think that one line may be the foundation for crypto, “rideshare” and many other businesses of the last decade that only thrive by mimicking other existing businesses but put all of the risk on the customers/workers while getting around laws that normally regulate what they do by claiming they are merely a software company.

It's so funny the original promise of Bitcoin was: "banks are not to be trusted, so here's a way to trade without banks or any central control". Then people immediately put their Bitcoin into a "bank".

​@Walter Wang And then, when it all goes to shit, suddenly they WANT government regulation of their decentralized system

its all about immutable databases(utility) and immutable scarcity independent of stupid governments(money of the people) , but it got washed down by uneducated people like you and educated scammers like them

I am actually younger and stronger

Amd very relatable

It's a new trend of meme creating cognitive disonance to add yield..just like Bill Clinton Kid

I would like John Oliver to do an episode on Jim….sounds like he needs to have one on him.

Add Zach Prince (of BlockFi) and Barry Silbert (of Genesis Capital) to the list of people to cover. All of these people should be going to jail for fraud but the U.S. government almost never prosecutes financial crimes.

Cryptocurrencies should be abolished. The entire thing is a ponzi scheme.

Yo Arc nice seeing you here!

...and now please the same with the US government, its fiat currency: the US Dollar, and with the stock market...because they operate the same way...but they are "too big to fail"...

@Michael: Fiat currency is not a ponzi scheme. Crypto very much is. You sound like you are pushing a _`cOnSpIrAcY tHeOrY`..._

Index funds make sense and help me feel calm when the markets are doing the down part of the wave.

I mean your only goal for investing should be to beat inflation, at that point you're doing fine and there's no need to get wild.

And this is why the future scares me. People too vapid to get real news and instead get it in the form of jokes.

@@juliebraden6911 I'm sorry you feel that way. I don't see myself as "vapid." Rather, I see myself as well informed; reading, researching, listening, and watching many news and information sources. I was paying Mr. Oliver a compliment for addressing his topics in a fresh and insightful way. If we can't laugh at ourselves, then how can we laugh at anyone else?

😊😁

I thought crypto was just a way to buy drugs online? Why else would you buy it?

Other than changing the name of HBO Max to Max, what other idiocy have they committed?

​@@TotallyAwesome420 - They cancelled movies that were deep into post-production (like Batgirl and Scoob 2) - They cancelled dozens of shows they made, some of which had episodes that hadn't been released yet, and pulled them from all streaming. Many of them will almost certainly never be available through legal means again (and some of them, like Inifinty Train, are consigned to digital purchase, which is and has always been bullshit). - They blatantly stole seasons of Final Space from customers who legally purchased them on Amazon (blah blah terms of service, this is stealing and it shouldn't be allowed)

No no

Holy shit. It's all come full circle.

Still people putting real money in 20% apy crypto projects.

It's almost like people have been doing this for for a long long time..... Weird...imma have to research this.

I hate the "18% APY!!" Tag...Yes, some no name cryptos earned that cuz basically no one held much $$ in it. Bitcoin,Ether, Stablecoins where most of the depositors held on Celsius? 2-9% apy. Most weren't crazy yield chasers.

​@@Kevinm3u Bernie Madoff only claimed consistent ~10% returns, still a Ponzi

Yeah, there should be a law making the dollar the only real money and outlaw the rest!

The tricky part isn't very tricky at all! :DDD

Tricky part is knowing when to stop pretending that crypto is real money and selling it off for real money

I would argue that the most depressing part about crypto is the WASTE created by the computers needed to support the system: .Land for the data centers .Construction material to build the warehouse buildings for the data centers .Electricity to feed the ridiculous amount of computing power .Water to cool the (useless) data-crunching computers Those are the highlights of what depresses me and pisses me off about this wasteful, fantasy for money-grabbers. Well, that, and the way that it is just another thing that supports the get-rich, side-hustle without having any real skills or contributing anything to society way of thinking being chased by so many these days.😢🤮😵‍💫

Nah, he’s more likely the guy to do “finger guns” unironically.

Bit boy also called him out too surprisingly😅.

@@Armendicus You mean the person who started beef WITH Coffeezilla about Celsius to only backtrack most of it AFTER Celsius turned out to be scam?

​@Tripl3M and the one who went after Atozy when he already had enough on his plate with a new child on the way lol.

Coffeezilla the goat

And upper echelon on Celsius

Nvidia?

There is a word for that: Schadenfreude

​@ProprietaryCurez, you're obviously a troll because Nvidia is actually a very strong company and has the Lion's Share of the market in CPU, Don't dabble in things you do not know and insinuate misinformation by the ? behind the word.

@@christine2ehgtinyhouse893 Think you mean GPU bro. Nvidia doesn't produce CPUs.

Bud light?

I've actually thought for years that he was giving people bad advice on purpose so he could opposite invest and make bank. FFS he was even betting against Tony Stark in Ironman. Dude couldn't even be right in a fictional universe 😂

Not to defend Cramer, but investing strategies are considered "successful" based on long term, not short term trends. Cramer is an idiot, but that doesn't mean that just doing the opposite of what he says is a surefire strategy

He's like a reverse Oracle of the finance world 😂

@@giarc1988 Well he's either right or wrong and so far, he's been very wrong. Although when he's basically just yelling at a screen I'm sure one day he'll get "lucky" but considering he probably isn't in anything it will be reputational only.

You say that "just two weeks after being tracked" as if it bolsters the argument that Jim Cramer gives bad advice. But instead it makes the entire statement meaningless. The value of some stocks 2 weeks later is completely random. Nobody expects to be or intends to be successful in the stock market on such small timescales. It doesn't matter how quickly it first went negative, it matters what the value is (compared to the overall market) several years later. It's also down 2% right now... so why are we taking some random point in time that happens to agree with our desired conclusion? That's like saying "apple stock was down just two months after its ipo, therefore apple was a bad investment in 1983"

it's the difference between being chained to your desk and handcuffed to my bed 😏

The videos go up circa 5pm local time here in Micronesia, and I am here for all of them. Dog bless this guy

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

I'm new at this, please how can I reach her?

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

Pretty sure there should be a war crimes tribunal as well.

Definitely do not give unemployment benefits to scammers.

Bawitdaba is baby talk

😂😂😂 perfect.

I guess these work on the premise of "I am so lucky to have found this groundbreaking way of getting loads of money quickly"

it uploads in the morning for me so I use it to survive waking up Monday mornings

i have a special fatty called "joint oliver" just for this. nothing beats a british parrot in hd while toking it, i promise you.

Hope you have a good day Norm!

😂 I don’t think John will be around much longer

Seems like the most prudent financial strategy is to do the exact opposite of whatever Jim Cramer "advises"!

THIS COMMENT NEEDS MORE RECOGNITION

It's called the Inverse Cramer Law. Always do the oposite he sugests. There is even an investment fund that sells itself on the facy that they will ALWAYS follow the Inverse Cramer... Its both a joke and, somehow, also a reality. There was at leaat a couple times people did the math and found that doing an inverse cramer can bring you more profits then the annual average for the stock market hahhahah

* SELL SELL SELL *

​@@HeatherHale Cramer Reverse ETF is a thing.

Crypto's entire purpose was to be DEcentralised, NOT centralised. Binance, FTX, Celsius, etc are all centralised entities. Why trust unregulated centralised entities who answer to nobody?? I'd much rather take my risk with Bank of America or Charles Schwab. First principles in crypto is to strive for decentralisation and not to trust one-another. That's worked extremely well for the Bitcoin network and the more mature DeFi protocols like TraderJoeXYZ. Centralised entities should be required to maintain 1:1 audited reserves at all times, be subject to extreme financial scrutiny, and have insurance for all deposits (in case of hacks or an inside bad actor). Meanwhile decentralised protocols should be audited based on the merits of their code with any regulation only touching the centralised aspects like the website itself whereas the smart contracts are outside the scope, again unless a centralised entity administers or can censor interactions within the contracts. People seem to only be in crypto to turn internet magic currency into more fiat. The tech is what matters. Revolution is coming to the financial sector but these centralised entities need to be shown the door. They're extremely damaging to both the industry and to those who "invest." Stop focusing on the money and focus on the tech. The general public totally has their focus backwards.

@@willbaker602 Bank of America was literally bailed out. "WASHINGTON -- The U.S. government early Friday morning agreed to invest $20 billion in Bank of America, and to protect the bank against up to $118 billion in potential losses from bank assets related to risky mortgage loans." It is just crazy to me you would use them as an example you would risk it with.

@@willbaker602 Bitcoin is already centralised because there's only one of it. Stop being dumb. This blind worship of the concept of "decentralisation" is only hurting you. It's not a magical solution, and societal pressures will recentralise things over time anyway, _as they have done here_ and always will do. People do not want to have to find dozens of different websites to go and read things on, they want Facebook to bring it all in to one place. Centralisation is emergent and trying to fight it is like trying to comb a glass of water. > The tech is what matters No. The tech is useless. Stop letting libertarianism invade your brain.

The people at Crypto Critics Corner and Dirty Bubble Media saw this coming for a while. Tether’s the big one that would collapse the crypto ecosystem if all the suspicions turn out true. It’s been validating seeing all these suspicions turn out true, but now it’s a question of if the AI bubble sucking pressure out of the crypto bubble will delay its bursting.

@@willbaker602 the tech is not even useful unless you want to lose privacy, are pro wasting energy, and are buying illicit stuff online

I agree!!!

Same. 😂😂😂

Yeah that was pure gold 😂

LOL! Me, too! And that he dresses like every day is laundry day - but the combs his hair with a balloon was a true laugh out loud topper!

I literally cannot wait to repeat it 😂😂

My mind just sometimes randomly flashes back tothat conference where that guy shouted “Bitconneeeeeeeeect!”

Hope they're paid well...

That SBF looks like someone who combs his hair with a balloon? I know, I fell off my chair.

undervalued story, just a bit too much #gurlpwr in the last paragraph

I cannot tell you how many people have tried to sell me crypto, fortunately NFT's fell off the bus quite quickly so not so many but if you remember in the early 1980's there was a scam going around that was called a pyramid scheme where you gave money to someone to join a group, the scam was that as you found people to join the group you would make your money back ... well Crypto is just a more advanced system like that where the first few get the money and everyone else is left carrying the can ... I wish I had no scruples I would be able to make so much money from gullible people who think crypto can make money it's just criminal how people are scammed.

​@@shoopddawhooped lol fair, if you worked this job though I think you'd see where it comes from. It's wild man.

​@@missingaria2503 what you're describing is exactly what what the financial system is since the gold standard was made away with.

had a very similar set of experiences on twitter, the crypto bros tried to infiltrate BTS ARMY twitter and scam us and use our social media power for their gain... they probably thought that a mostly female and POC fandom was beneath them intellectually but we organized and got a bunch of them kicked off of twitter (someone infiltrated one of their discords and they were big mad at us)

If the titanic sank like clockwork every four years and made everyone on it predictably richer upon rising each cycle,sure

@@FernandoAvelarify so, not like btc then.

@@TylerShacklefordDurden So, exactly like btc.

@@jhegre no, btc every four years explodes in value. The opposite of the sinking Titanic

Only the weak would allow themselves drown in a dip.

Elon Musk

It was a parody, but the never stopped and now makeing money... so I dont know if thats a parody of a parody

What scammers?

for every winner in the dogecoin thing there where 10 losers.

DogeCoin is real, and Elon Will integrate it with Twitter.

Because who needs to invest in the same boring things when something shiny has been invented! Young, dumb, and with money are the worst combinations there can be when it comes to investing

My younger brother is gambling in online sports apps with most of his friends as well. I've told him to just be careful and not yeet all of his savings into it

It really puts into perspective the adage "There's a sucker born every minute"

It's only a matter of time before creepy groomers like John Oliver start begging people to buy his own cryptos

Yep, that’s why networks pay so much for sports, the 18-45 male demo. Males over 45 have more money on average, but are not so easily fooled.

Also you don't 'invest' in crypto. It's purely a speculative instrument. Invest if you want but gtfo quickly.

@@intiorozco5063 Lots of crypto have utility and if you can get your head out of usa's arse, then you will notice that in countries that totally inflated their currency, these cryptos are very very helpful in affordable transfers and harboring whatever savings you can manage to save. Argentina much? The rest of the world is adopting crypto, governments incl to get out of the petro dollar. Its just on a world scale.

@@intiorozco5063 sigh..you have a lot to learn young padawan

So you mean, follow the ".... aaaaand it's gone" principles??

Or you could invest in actual product? I mean you're not guaranteed to make money that way, but leaving money in the cookie jar is guaranteed to lose money, cause inflation is a thing.

Same here with "infinity diarrhea."

I just can't believe that 20% of Americans dealt in crypto coins. It sounded like a fantasy on the face of it.

Feels good to see SBF going to jail.

BITCONNNNNNNNEEEEEEEECT!

Well John Oliver has aged in parrot years 😅

@@douglasboyle6544 Bitconnect failed. Bitcoin is still working just fine and is up massively in price.

@@skipondowntheroad5833 if by working just fine "consumes the average energy of a small house to complete a transaction" , sure

lmao That's awesome. I'm happy for the winners. Fuck that Kwon guy. His "demise is entertaining". 🤣

He’s going to talk about SBF and not mention that he was spending billions, money that wasn’t his, to fund democrats so they would pass favorable regulations for him? Seems like he missed a big point for it to be quality journalism.

It's actually a standard phrase used among comedians to describe this kind of situation.

"combed his hair with a balloon" got me actually laughing.

I was eating my egg and cheese sandwich and almost choked on it.

@@firelordkushroll Let's not get carried away here, it's not "very" common. I've been watching comedy shows for a quarter century now, and came across this phrase maybe a dozen times or so, if even that. It pops up every once in a while, but it's certainly not that common, and for someone who only briefly watches American / English comedy shows it would be easy to not have heard it before, and it would not at all "weird", even when that person is not a child.

Knowing that Jon Oliver will explain to us how bad our economic system is… yeah, he is great though.

Hes a propagandist. Un american as f.

he's a clown with a cleverly written script on a teleprompter.

I watched two twelve year olds eat cat food for clout; The world is in need of another flood..

YES

@@taylorkirkland3529 I mean, Tom Green became a millionaire, but sure.

​​@@taylorkirkland3529 we had covid, wasn't strong enough👀

US Dollar has value because everyone trust it does. Doesn’t mean I support or trust cryptos.

This literally how everything works though lol

@@99mex66 and usa is backed by the biggest military in the world , what is ftx backed by hopes and dreams. , just put money in sovereign bonds of a top country like usa and developing country like India at least you know you will get your money back after maturation period.

The same can be said for religion!!😁

No. I bought BTC through an exchange in Switzerland, transmitted some to a website, the MDMA arrived at my house and then the website paid it out to a vendor in the Netherlands. Works perfectly.

Mr. Oliver ROCKS!! great video

Lmao 😂

But... you have to be dead before you can become a legend

@@SeptemberMeadows and talented 😏

He is a legendary Parrot

Coffiezilla was on this way before jo got ahold of it. Joe rogan has him on a podcast and coffiezilla has a video explaining it

I was looking for that comment 🙌

I was about to comment the same.

How did no one in his staff know that ?

Why? It seems kinda random

​@@kilianeagrams6011 I know right, dude was even talking about the Olympics right before he did it

Even if someones takes are stupid, if they are reliably stupid then they can be useful.

How tf does he still have a job?

@@kempolar9768 As they say, even a broken clock is correct two times a day.

There's a real small fund that specifically invests the opposite of his advice. I don't remember what it's called but they're doing alright.

@@isabellaangeline2175 If you already have enough money to throw a million at 50 different projects, so long as just one of them does extremely well he can earn back the losses of the failed projects in a heartbeat. In other words, if you are rich its almost impossible to actually lose money from a spray and pray method.