Quote:
Originally Posted by mrfunnywobbl
Seconded. People lost millions in bitconnect. Crypto is highly unregulated and is basically the Wild West as far investing. No rules and whatever goes. Lots of idiots out there are just buying the "hot token" and are easy to scam. People need to be calling out scammers and disclosing their conflicts of interest regarding what they promote.
Totally agree with the sentiment of calling out and rekking industry scammers like bitconnect. Including the youtube channels who clearly didn't do their due diligence on the business model. Much like, say a young Tom Dwan who didn't do his homework on Full Tilt when they didn't ring fence player funds and went under. We have loads of experience of this in the poker community with all the scams that we witnessed and hindsight lessons.
The part that I think "dude c'mon" at; is a successful 30+ man with a tonne of life experience in internet memes, bbv trolling, vanessa selbsting, GTO life decisions, climbing the hu tree... calling out kids between the age of say 18-22.... who have worked hard to build up an audience that Doug is targeting. ie commentating on DataDash's apology vid was wayyy out of line imo... the kids 19 years old for example. Do you guys remember what kind of mistakes the likes of us were making at 19? pissbottles, showing results in hand histories, folding 70% of hands on the button, reading phil helmuth poker books
Crypto right now for these kids is what poker was for some of us back in 2002... its a beautiful thing man. Don't troll these kids, please don't phill helmuth them. Others will imitate you cause you will do it soo well, is that the mark you wanna make on cryptotube? pls say no.
They are going to have enough **** to deal with, like exchanges stealing their money, watching 100K gains retract 73%, having payment processing issues when they want to withdraw $400K, explaining to parents why they wanna quit college, running from the taxman and having lambos repo'd.
Pls give this some thought, if you see a kid tripping, reach out to them first, then burn them afterwards if they continue to be a scummy influencer.
Peace