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The FTX debacle explained

by hotshed71

FTX what an absolute disaster, now I could delve into the politics of the company/owner. How he donated heavily to one party in the US – which appears to have been mostly ignored, I wonder why.

How they donated to Ukraine, had many celebrities investing and promoting them and were sponsoring various things to the cost of millions.

Yet if you followed this story on main stream media you would have thought it was bad luck, not a big deal or just a normal story – really.

Well thanks to YouTube lets see people explain the scenario and no we will not be using US ‘news' sources or the BBC as examples

Sources

The opinions are strictly from the original content producers

 

https://www.youtube.com/watch?v=kyKcd850QEQ&t=10s

Crypto Scams – its cryptozoo time

by hotshed71

It saddens me that I have to create a category called scams and start posting but here we go.

I will post a few obvious ones but lets start with a basic rule of thumb, we will have a list of these at a future date.

If a celebrity, influencer or similar type start promoting a token or nft – 99% chance its an utter scam, it will be worthless and a waste of money.

Might be an example that is not the case  but lets start with the cryptozoo scam and the best person to explain it, is coffeezilla. Here is a couple of his videos and visit his channel, he does excellent work.

Video

 

 

Now thats a good example of not rusting these ‘influencers' but don't worry – there are many more