19: Crypto Jenga Tower Collapse: Celsius & the Crypto Time Bombs (w/ David Gerard & Amy Castor)
Scam Economy17 Jun 2022

19: Crypto Jenga Tower Collapse: Celsius & the Crypto Time Bombs (w/ David Gerard & Amy Castor)

Crypto critics David Gerard & Amy Castor join Matt Binder on Scam Economy to talk about the "Jenga stack of interconnected time bombs" that is this week's cryptocurrency crash. David and Amy breakdown how the entire crypto space is like a Jenga tower and all it takes is for one rug pull to knock down the stack, how Terra/Luna set the stage for the plunge, what Celsius is and why it was the next piece to take down what was left, what the role crypto exchanges like Coinbase play, why crypto hedge funds like Three Arrows Capital are now floundering, and how Tether, Bitcoin miners, and even Mt. Gox will continue to play a role in crypto's nosedive. Read David and Amy's piece, The Latecomer’s Guide to Crypto Crashing: https://amycastor.com/2022/06/14/the-latecomers-guide-to-crypto-crashing-a-quick-map-of-where-we-are-and-whats-ahead/ - Visit: ScamEconomy.com - Support the show: http://www.patreon.com/mattbinder

Episoder(67)

7: The Crypto Grift Descends on Ukraine

7: The Crypto Grift Descends on Ukraine

Scam Economy host Matt Binder breaks down how grifting cryptocurrency founders, entrepreneurs, investors, and hustlers are trying to pump their money making schemes for a profit and generate good PR for the crypto industry under the guise of charity for Ukraine. Check out: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder

18 Mar 202251min

The Depravity of Randi Zuckerberg's Web3 Song (Scam Economy Post Show Teaser Clip)

The Depravity of Randi Zuckerberg's Web3 Song (Scam Economy Post Show Teaser Clip)

A freebie teaser clip from the Scam Economy Post Show Episode #6 livestream on 3/10/22: Matt gives some quick thoughts on Web3 "Pay to Earn" games after his talk with Molly White. Plus a breakdown of a Twisted Sister "parody" song about Web3 by Randi Zuckerberg – yes, Facebook founder Mark Zuckerberg's sister. Join the Patreon to access audio of the full show, complete with listener phone calls and more: http://www.patreon.com/mattbinder

15 Mar 202219min

6: Web3 Sucks (w/ Molly White)

6: Web3 Sucks (w/ Molly White)

Molly White, software engineer, Wikipedia editor, and the creator of the website "Web3 is going just great," joins host Matt Binder on Scam Economy to discuss...well...Web3! Molly breaks down what Web3 is, all the scams and grifts her website covers daily, what Web3 advocates want, how Wikipedia perfectly proves Web3 wrong, the commonalities found between conspiracy theorists like QAnon believers and Web3 supporters, and much more! Check out Molly's awesome website Web3 is going great: https://web3isgoinggreat.com . Visit: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder

11 Mar 20221h 3min

5: NFTs Get Physical, Real Estate Gets Digital, It's All Despicable (w/ Wilfred Chan)

5: NFTs Get Physical, Real Estate Gets Digital, It's All Despicable (w/ Wilfred Chan)

Writer Wilfred Chan joins Matt Binder on Scam Economy to discuss his experience using an NFT vending machine, how he got scammed by it, online real estate in the metaverse, and how the gig economy gave us an early look into our scam economy tech dystopia. Find out where you can subscribe to the Scam Economy: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder

4 Mar 202245min

4: Crypto Super Bowl Ads Weren't Like the Dot Com Bubble (It's Much Worse.)

4: Crypto Super Bowl Ads Weren't Like the Dot Com Bubble (It's Much Worse.)

Scam Economy host Matt Binder breaks down the "Crypto Bowl," the slew of cryptocurrency ads that ran during the Super Bowl. Why was there so many? Who were they targeting? Is this reminiscent of the 2000 dot com bubble? What's going on here? Find out where you can subscribe to the Scam Economy: http://www.scameconomy.com. Support the show: http://www.patreon.com/mattbinder

18 Feb 202235min

3: Razzlekhan & The Great Bitfinex Heist (w/ Jack Morse)

3: Razzlekhan & The Great Bitfinex Heist (w/ Jack Morse)

It's not everyday that an eccentric NYC couple in their 30s get caught stealing billions of dollars. Jack Morse, senior tech reporter at Mashable, joins Matt Binder on the latest episode of Scam Economy to discuss the money-laundering couple who are accused by the DOJ of stealing $3.6 billion in Bitcoin from the Bitfinex exchange in 2016. The news about Ilya Lichtenstein and Heather "Razzlekhan" Morgan came out this week and every detail -- from their tech startup backgrounds to her TikTok rapper career -- is more amazing than the next. Support the show: http://www.patreon.com/mattbinder

11 Feb 202245min

Scam Economy Post Show: Episode #2 (Teaser Clip!)

Scam Economy Post Show: Episode #2 (Teaser Clip!)

A freebie teaser clip from the Scam Economy post show for episode #2 featuring a live call-in from a crypto fan. (Livestreamed immediately following the YouTube premiere of Scam Economy episode #2 on 2/3/22). Support the show: http://www.patreon.com/mattbinder

10 Feb 202226min

2: Cryptocurrency is a Ponzi (w/ Sohale Mortazavi)

2: Cryptocurrency is a Ponzi (w/ Sohale Mortazavi)

Check out Sohale Mortazavi's piece in Jacobin here: https://jacobinmag.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization

4 Feb 202255min

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