Ben McKenzie, actor, author, director, and co-author of New York Instances greatest promoting e-book “Straightforward Cash: Cryptocurrency, On line casino …
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April 1st?
Any one who needs to let people know they have an economics degree run far far away …he's a fiat scam artist no better than a shitcoin issuer
Did he even asked why there are so many cryptos out there? Does he understand what a "distributed ledger technology' does? The problems it solves just for the internet itself? Where no 2 parties need to know or trust each other, but have full trust and security through the nodes. Utility boy. Currency is the least of use cases for crypto, wait until companies who do edge computing and internet infrastructure use it to distribute data at bigger scale and way more secure than the porous data towers of central companies? And that is just one use case out of plenty. Of course there are scams and useless tokens out there etc and bitcoin just paved the way is all, and its way too slow and insecure. Its like the AOL of the internet in the 90s, we will find the most aBFT ecosystem that will eventually be the Google of cryptos. Thank you for reading.
Author and writer – redundant, no?!
Ben still doesn't dare (or is told not to)… yet… to point out and explain that BTC is not the actual Bitcoin 🙂
Everything in the right (planed) time I supose
If you had a degree in economics you would have looked at the financial markets way more than you try to make us believe. Yes some cryptos are scams and shit and yea some stocks are too so dont see what your point is
imo just as much fraud and ponzis as trad finance. at least everything is documented openly on the blockchain.
Moron
Bitcoin has not been classified as a Commodity legally…XRP is the only crypto that has legal backing as a commodity. SEC does not have the legal standing to classify any crypto. This guy has invested in Bitcoin and made money. He lost the first time and went back for more and made money. Talks in circles and is a voice for the banks. Keep being scared of crypto. Loser
Who let this donkey out? 😂
Ha ha ha ha ha. Ah economist that knew nothing about financial markets decided to write about financial markets. Haven't seen that before! Came iinto crypto with a jaded view, sees all the jade bits and throws his jaded blanket over all of crypto with no appreciation of nuance, sequencing of events, political agendas, potentials. Zzzzzzzzz…
😂😂😂😂😂 this plum has no idea what he is talking about. Alot of crypto is innovative new technologies, money will be going digital. He brought at the top and lost a load of money. Do your own research simple as that.
If you agree that 99% of alts are ponzis, then you agree that bitcoin and crypto is bloated and over speculated. Btc price is trading at a bloated premium BECAUSE of all the speculation surrounding 100x coins. Take them away you invariably reduce demand for bitcoin.
For example Imagine a 10t bitcoin marketcap, assuming any dominance weighting at all, you have to assume that alts, these ponzies, did not peak in 2021, and actually deserve to continue absorbing speculative capital that is no longer near 0% interest to borrow.
The novelty of speculations and the record level costs of borrowing are telling you that there is a near zero chance that alts will rally to new ath
Don't believe me? Tell me has neo hit ath again? Has ltc? Has any coin from 2017 ico craze or 2021 mainstream craze actually received renewed excitement, no, because they aren't novel. Only unheard of shit, or new shit pumps, case in point, shib, pepe
Institutions feigning interest and going on fox or cnbc is only evidence that they wish to excite as much retail or institutional liquidity back into the space ( with record low volumes) to make tanking the market at least theoretically profitable and worthwhile for such a big institution.
It's literally a guarantee that the speculative value of crypto is way to high, and shorting it for an institution like black rock is as a sure a thing as 5% returns on treasuries.
Amateur brainwashed economist with only 2 years of experience knows better than the markets. Who you fooling?
I used to watch this guy on the OC. Surprised to see he is actually articulate and seems smart.
Buffet does not believe in Crypto…and he's a very smart man.
Ben is still mad he lost over $200,000 trying to short shitcoins.
Commissioner Gordon is coming for you, crypto scammers
So now we trust actors
Lol everyone in the comments is salty that their fake money is being exposed.
Your shit coins are backed by nothing and have no fundamental value.
I hate crypto with an intensity it's like we rolled the clock back 100 years everybody got lobotomized and forgot why we have securities regulation for financial assets, because when we don't we tend to create bubbles and create money from nothing. Only stupid people use buzzwords like "buy in now" "get in while you can" for obvious scams no real investments use that cheap language
Let the record show that he's anti-bitcoin because he's going to try to change his narrative to "anti- altcoins" as it starts serving his narrative.
💯% illuminati pyramid-ponzi schemes 🔺
its NOT crypto thats the problem….its the crooks who run exchanges that are!!!!
Crypto won’t even exist soon. Crypto predators to PRISON!!!
Ben is clueless, just a skeptic that will get left behind…