Bitcoin, the Blockchain, Web3, NFTs...welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there's plenty because, really, the whole thing is a scam. It's the Scam Economy.
https://podcasts.bcast.fm/scam-economy
Gesamtlänge aller Episoden: 2 days 22 hours 3 minutes
57: Crypto Number Goes Up + The AI Hype Bubble (w/ Ed Zitron of Better Offline)
Ed Zitron of the new podcast Better Offline joins Scam Economy with Matt Binder to discuss Bitcoin and other cryptocurrencies getting some a new life and pumping in recent weeks, what's going on with crypto lately? We also discuss the AI hype bubble and Apple Vision Pro. Check out Ed's new podcast Better Offline at https://www.betteroffline.com/ Visit: ScamEconomy.com Support the show: http://www.patreon.com/mattbinder
56: How MrBeast Inadvertently Revealed X / Twitter Monetization is Rigged
MrBeast made a quarter of a million dollars by uploading a video to Elon Musk's X and in doing so revealed just how rigged the monetization system is. Scam Economy host Matt Binder walks through all the details of X Monetization, the little known X Amplify program, how Elon Musk and company pushed the famous YouTuber's content into social media feeds, and how basically no other creator can replicate MrBeast's earnings on the platform. Visit ScamEconomy.com Support the show: http://www.patreon...
55: Sam Bankman-Fried Guilty!: The FTX Fraud Trial (w/ Molly White)
Molly White of Web3 is Going Great joins Scam Economy with Matt Binder to discuss the Sam Bankman-Fried trial. Molly brings us her first hand account from the days she spent at the court about the FTX founder's testimony and cross examination, what former FTX employees like SBF's ex Caroline Ellison had to say, and how SBF was found guilty on all 7 financial fraud charges. What does this mean for crypto and what's next going forward? Visit ScamEconomy.com Support the show: http://www.patreon...
54: The Tech Hype Bubble: VR Edition (w/ Paris Marx)
Paris Marx of the Tech Won't Save Us podcast joins Scam Economy with Matt Binder to discuss one of the current big tech industry hype bubbles: VR or Virtual Reality...
53: Meta Launches Threads by Instagram as Elon Musk Wrecks Twitter
The battle between Elon Musk and Mark Zuckerberg officially began on Wednesday, July 5th as Meta launched Threads by Instagram, it's Twitter competitor app...
52: Unregistered Securities: SEC Sues Coinbase & Binance...Is This the End of Crypto in the U.S.? (w/ Molly White)
Molly White, the creator of Web3 is Going Great, joins Scam Economy with Matt Binder to discuss the SEC's lawsuits against Coinbase and Binance for selling unregistered securities. Molly and Matt break down the lawsuit against Coinbase, how the suit against Binance is different (fraud allegations!), what this means for the state of cryptocurrency in the United States, and more! Support the show: http://www.patreon.com/mattbinder Visit http://www.ScamEconomy.com Sources: https://newsletter...
51: Worldcoin Wants to Scan Your Eyeballs & Give You Crypto in Return: What Could Go Wrong? (w/ Leo Schwartz)
Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss Worldcoin, the project that wants to scan the eyeballs of everyone in the world and give them cryptocurrency in return. Why do they want your biometric data? To create an identity network to prove you're a real human, of course! Who is behind Worldcoin? OpenAI CEO Sam Altman...
50: Elon Musk and the Twitter Blue (Check)Mark of Shame
It's a DOOMED / Scam Economy crossover episode! Host Matt Binder breaks down what he's been so busy with over the past few weeks: a series of reports on Twitter that drove Elon Musk to gift/punish him with the Twitter Blue checkmark of shame...
49: Orange is the New Blockchain: Crypto Crime ft. Kwon, Sun, SBF, & CZ (w/ Jacob Silverman)
In honor of the indictment and arrest of Trump Card NFT founder Donald J. Trump, Scam Economy takes a look at four of the (other) biggest crypto founders who recently got in trouble with the law. Host of CBC's The Naked Emperor, writer Jacob Silverman joins Matt Binder to break down the crimes and recent charges filed against Terra / Luna founder Do Kwon, TRON's Justin Sun, Binance founder CZ, and, of course, FTX's Sam Bankman-Fried...
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...