48: Bitcoin Miners Are Making Bank...But Not From Mining Crypto (w/ Jackie Sawicky)
Scam Economy27 Maalis 2023

48: Bitcoin Miners Are Making Bank...But Not From Mining Crypto (w/ Jackie Sawicky)

What happens when one of the biggest cryptocurrency mining companies in the world sets up shop in your small rural American town? Jacky Sawicky, founder of the Concerned Citizens for Navarro County and a member of the NCAC: National Coalition Against CryptoMining, joins Scam Economy with Matt Binder to tell us exactly what happened when Riot Platforms brought their Bitcoin mining operation to her Texas town. Jackie breaks down how it went occurred, the sweetheart backroom deals that went on between the mining company and local and state government, how the crypto mining company has affected the locals, the unbelievable way in which crypto mining companies make most of their money (and it's not from mining crypto), how this is a widespread problem happening throughout the U.S., what's being done about it, and much, much more. Visit: http://www.ScamEconomy.com Support the show: http://www.patreon.com/mattbinder Sources: https://www.riotplatforms.com/investors/sec-filings/annual-reports https://gizmodo.com/texas-bitcoin-bitcoin-mining-ercot-riot-blockchain-1849367067/amp https://blockworks.co/news/bitcoin-mining-execs-make-serious-bank-versus-other-industries https://beincrypto.com/riot-blockchain-rebrands-amid-miner-capitulations/ https://www.texasobserver.org/texas-is-becoming-a-bitcoin-mining-capital-can-the-grid-handle-it/ https://www.bloomberg.com/news/articles/2022-12-05/texas-s-crypto-mining-boom-is-starting-to-look-more-like-a-bust?leadSource=uverify%20wall https://www.popularmechanics.com/science/health/a42011194/crypto-mine-noise-murphy/

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28: Crypto's Summer From Hell (w/ Molly White)

28: Crypto's Summer From Hell (w/ Molly White)

Web3 Is Going Just Great creator Molly White returns to Scam Economy to break down crypto winter aka crypto's summer from hell with host Matt Binder. Matt and Molly discuss some of the crypto and Web3...

2 Syys 20221h 10min

Immutable and the Push to Force NFTs on Gamers (Scam Economy Live Post Show BONUS Clip)

Immutable and the Push to Force NFTs on Gamers (Scam Economy Live Post Show BONUS Clip)

Another BONUS teaser of the Scam Economy Livestream Call-In Post Show! Jon from Australia calls BACK into the Scam Economy Livestream Post Show in early August to talk to host Matt Binder about crypto...

26 Elo 202233min

27: All Your Coinbase Are Belong To Us (w/ Ed Zitron)

27: All Your Coinbase Are Belong To Us (w/ Ed Zitron)

Coinbase is America's #1 crypto exchange. Coinbase has also had a very, very bad couple of weeks. Ed Zitron joins Matt Binder on Scam Economy to discuss the Coinbase insider trading case, how a former...

18 Elo 20221h 19min

Crypto Yield Rates Were Always a Red Flag (Scam Economy Live Post Show BONUS Clip)

Crypto Yield Rates Were Always a Red Flag (Scam Economy Live Post Show BONUS Clip)

A BONUS teaser of the Scam Economy Livestream Call-In Post Show! Listener of the show, Jon from Australia, called into the Scam Economy Livestream Post Show back in June to talk to host Matt Binder, r...

12 Elo 202257min

26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)

26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)

Adi Robertson, senior reporter at The Verge, joins Scam Economy with Matt Binder to bring us on the epic journey that is Spice DAO, the decentralized autonomous organization that raised around $12 mil...

5 Elo 20221h 6min

25: Helium is Touted as the Web3 Gold Standard. Is It All Just a Bunch of Hot Air? (w/ Liron Shapira)

25: Helium is Touted as the Web3 Gold Standard. Is It All Just a Bunch of Hot Air? (w/ Liron Shapira)

Angel investor Liron Shapira joins Scam Economy host Matt Binder to discuss his viral Twitter thread about the decentralized wireless network Helium, often viewed as the gold standard of Web3 uses cas...

30 Heinä 20221h 7min

24: PayWrecked: The People Who Took Their Paychecks in Crypto Regret It Now (w/ Quinn Myers)

24: PayWrecked: The People Who Took Their Paychecks in Crypto Regret It Now (w/ Quinn Myers)

Quinn Myers, author of the upcoming book Remember the Internet Vol. 3: Google Glass, joins Scam Economy to discuss his piece for MEL Magazine about the workers who decided to take their paychecks in c...

23 Heinä 202258min

23: Elon Musk Loves Cryptocurrency (But Elon and Crypto Don't Love You)

23: Elon Musk Loves Cryptocurrency (But Elon and Crypto Don't Love You)

Just like crypto, Elon Musk is all hype. So, they're a match made in heaven. Scam Economy host Matt Binder takes a look at Elon Musk's history of promoting cryptocurrency like Bitcoin and, his favorit...

15 Heinä 202248min

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