Could A Bitcoin Crash Wipe Out Your Savings? These Elites Are Betting On It. (ft. Ben McKenzie)



Crypto companies have already spent $200 million to rig the midterms.

If they get their way, crypto scammers will keep ripping off Americans and endangering your life savings.

It’s a giant wealth transfer machine, and the Trump family is making billions off it.

Producer – Trevor Hayes
Editor & Motion Designer – Addison Post
Supervising Producer – Chai Dingari
Video Production Manager – Isabel Atalaya
Video Production Coordinator – Jodi Clemens
Video Production Fellow – Astrid Dong
Videographers – Tim Wolf, Evan Carter, LeDawn Manuel
Additional Reporting – Ben McKenzie

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34 Comments

  1. embarrassing that you would defend the banking system.

    focus your time on bitcoin, not crypto—and certainly not defending banking.

    crypto is a scam machine.
    bitcoin is a fascinating new technology that serves as money.

    big, BIG difference.

  2. I learned my lesson in 2021. I’ll never invest another dollar in crypto. Too many unknown actors and invisible “whales” and too much hype and too many lemmings chasing the next big coin. It’s a recipe for massive theft of the working class’ savings.

  3. This is a shift from Crypto to Bonds where taxpayers will be paying interest to those bonds. So they hype crypto, leave the public hold the bag, while these crypto elites buying bonds at crazy high interest rates which tax payers will have to pay for decades

  4. Coming out and making a video like this on an asset class that has the potential to change the average mans life is crazy!!! Bad investors lost money on the trump coin – it was a bloody meme coin- man dont know what to say feel sorry for your listeners who dont know

  5. Ben McKenzie’s argument makes a lot of sense if you’re a completely retarded actor. But not all crypto is the same, and crypto is not BTC. You can’t go chasing billionaire pumping dump projects you can’t go after shit coins there’s only really a couple of projects that are worth anyone’s attention and they’re in the top 20, so it’s not like there’s a lot of guess work. Bitcoin has a fixed supply of 21 million coins that are all that will ever be produced. Just like the stock exchange and securities each crypto has a market cap bitcoins total market cap determines the value of each coin clearly black rock hasn’t gone all in on a complete Ponzi scheme but if you call bitcoin a Ponzi than the stock market is just a fucking casino with even less Tether to value and fundamentals. In the world that is going to completely hyper inflate the US dollar on purpose to avoid paying back its debt, the only way you can maintain any savings that you required would be either gold or bitcoin, Ethereum is a good project as well, but it has problems, that doesn’t mean it’s not going to be globally transformative, because it already has. I’m really tired of people watching crap like this and ignoring that Goldman Sachs, Black rock, State Street, and Eavvon some of the largest fortune 500 companies from Google to Apple to SpaceX more than you can shake a steak app hold bitcoin on their balance sheet. I don’t understand how there is any party preference here, as bitcoin knows no party. It is just a tool, a tool to protect your money from the insane carelessness of the Elite class and they are spending your future and your children’s future over the last 20 years.

  6. Ask someone who owned Bitcoin before Trump even ran for president, I wish he'd stay out of it. Bitcoin, by itself is a legitimate form of voluntary exchange it is very different than any of the thousands of other fraud coins another crypto fraud projects. A true supporter of Bitcoin doesn't want anything to do with Donald j Trump, are all these other fraudulent crypto coins.

  7. Well, based some information, you cannot regular bitcoin because we don’t know where bitcoin is coming from we don’t even know who owns it or the company that you know like a bank they tried to pretend they didn’t want to regulate so people can invest more and then crash it how many times they cannot crash big time leaving a lot of people our losses I was gonna invest until I heard Warren Buffett say I don’t invest in that that was the point for me right there?

  8. Im not a fan of crypto, but I dont think you clearly articulated how wealth was going to be transferred. Will it just be folks who "invest" in crypto? Will it be the risk to banks and the economy in general from allowing banks to become over exposed to crypto? Is it rules that shift passive investing methods such as a 401k to into funds that hold crypto without consumer consent?

  9. You have it backwards, they will crash the dollar as they already have publicly stated they want to get away from the US Dollar as the World Reserve Currency and other major countries are dumping the dollar.

    Watch the digital banking system get hacked and they say this crypto currency wouldn't have allowed that to happen and here is the solution.

    That is a realistic scenario

  10. I feel like the thesis of this video’s title, ‘a crypto crash could wipe out average persons savings and elites are betting on it, (therefore wanting it to happen)’, was lost somewhere. The video is a good start on this topic, but didn’t tie back into the title by describing how a crypto crash could affect the average person’s 401k/savings, how elites would benefit from said crash, and how this all relates to specific points from the clarity act.

    My takeaway is that the clarity act is lobbied for by the elites to absolve them of accountability in the event of another crash. However, the video leaves me wanting context and concrete examples of how this lack of accountability would be used to enrich the elites while also wiping out the savings of an average person who is not directly invested in crypto. I believe in the premise of the thesis, just think the video is underdeveloped or should be titled differently.

  11. I don't think Trump is an Angel
    But I'm definitely not switching him for the crooked,crooked left
    Social Comunists.
    This channel embraces
    Trump derangement syndrome
    A bunch of crooked Trump haters
    Yeah it's all Trumps fault.
    No thank you

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