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
38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)
Ed Zitron joins Scam Economy with Matt Binder to discuss one of the craziest weeks in crypto. FTX goes bankrupt, billions gone, hundreds of millions possibly hacked and/or stolen...
37: Sam Bankman-Fried is Known as Crypto's Bailout King. Is His Own Empire Broke? (w/ Mike Burgersburg)
Mike Burgersburg of Dirty Bubble Media joins Scam Economy to talk Sam Bankman-Fried aka SBF, founder of the crypto exchange FTX and the crypto hedge fund Alameda Research...
36: Inside Yuga Labs: Bored Ape Yacht Club Behind-the-Scenes (w/ Yasmin Gagne and Connie Lin)
Fast Company's Yasmin Gagne & Connie Lin join Scam Economy to discuss their latest piece: a sit-down with Yuga Labs to discuss the history of how the Bored Ape Yacht Club came to be...
35: Crypto is the Future...Just Like Google Glass (w/ Quinn Myers)
Quinn Myers, freelance writer and author of the new book Remember the Internet: Google Glass joins the show to discuss Google's new partnership with Coinbase to accept crypto payments for Google Cloud services, crypto evangelists basking in acceptance from Big Tech and Old Finance, how the tech industry and venture capitalists hype crypto and the media eats it up, how this same song and dance is very reminiscent of Google Glass, how the same cast of characters that promoted this failed product...
34: RIP CNN's NFT Vault But Media's Terrible Crypto Coverage Lives On (w/ Parker Molloy)
Parker Molloy of The Present Age newsletter joins Scam Economy with Matt Binder to discuss the death of CNN's little known NFT project, the CNN Vault. Parker and Matt take a look at how bizarre it was, the NFT collectors who spent thousands of dollars on a now-dead project, the Associated Press has an NFT marketplace too, and how the mainstream media irresponsibly covers emerging technology like the "Metaverse," crypto, NFTs, and more! Check out Parker's newsletter: https://www.readtpa...
33: Who'll Stop Celebrities From Unlawfully Shilling Shady Crypto & NFTs to Their Fans? (w/ Bonnie Patten)
Bonnie Patten, executive director of Truth In Advertising (TINA), joins Scam Economy with Matt Binder to discuss the scourge of celebrity crypto and NFT endorsements. We discuss Kim Kardashian getting fined $1...
32: GiveCrypto and the Real Goal of "Crypto Charity" (w/ Leo Schwartz)
Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss his report on GiveCrypto, a crypto charity set up by the crypto exchange Coinbase, the broader realm of crypto philanthropy and the ulterior motives behind it, how GiveCrypto took advantage of its "ambassadors" around the world, how little the charity was able to help and why that is, why even some crypto advocates think crypto donations are a bad idea, and much more...
31: One Year of Bukele's Bitcoin Law: Chaos in El Salvador (w/ Domingo Flores)
This month marks the one year anniversary of El Salvador's historic Bitcoin Law, cementing the Central American country the very first country to mark the cryptocurrency as legal tender. So, how's it going? Not good! Salvadoran infosec specialist Domingo Flores joins Scam Economy with Matt Binder to discuss the turmoil the country has faced in recent months, thanks to its Bitcoin-loving President Nayib Bukele...
30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)
It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and Protos...
29: Binance and the Mystery of Who is Guangying Chen? (w/ Jacob Silverman)
Journalist Jacob Silverman joins Scam Economy with Matt Binder to discuss one of the biggest mysteries surrounding the world's largest cryptocurrency exchange.....