Why Celsius Fell Apart

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  • Опубликовано: 20 ноя 2024

Комментарии • 3,4 тыс.

  • @Coffeezilla
    @Coffeezilla  2 года назад +2915

    As hard as I tried, I couldn’t even fit everything in this video, as long as it is… so here’s EVEN MORE DETAIL FOR THOSE INTERESTED!
    Alex Mashinsky’s Connections to Past Rugpulls-
    Alex has some strange connections to prior failed ICOs, that look like RUGPULLS. This was reported initially by Dirty Bubble Media: Basically the story goes that Alex has an NFT twitter profile that proves his ownership of this wallet: 0xc33192B79AD149b05169516A8aF2adc6e1E08EF6
    This wallet is then connected to an account that dumped a bunch of ICO coins from companies he previously advised on-SIRIN LABS and MICROMONEY.
    But it doesn’t stop there, some of the sketchy hires we discuss in this video, like the ones arrested for money laundering are CONNECTED to these past rugpulls, as explained by UpperEchelonGamers.(linked in description)
    stETH/ETH liquidity issues:
    Not to be confused with the Stakehound situation, Celsius had further issues with an ETH2.0 derivative on DEFI pools where they found themselves stuck either keeping their staked ETH2 or selling a derivative worth less. Linked:
    www.coindesk.com/markets/2022/06/14/staked-ether-becomes-focus-of-crypto-stress-from-celsius-to-three-arrows/?outputType=amp
    Let me know what you think of longer videos like this!

    • @neanc
      @neanc 2 года назад +110

      Love the longer videos. I have been watching this story with some interest

    • @daniellenewby3169
      @daniellenewby3169 2 года назад +17

      Is it possible you could pin this so we dont lose your comment when other people start commenting.

    • @brettb2932
      @brettb2932 2 года назад +12

      How much longer before Tether collapse. Based on reserves they should be out of on hand cash

    • @casewhite5048
      @casewhite5048 2 года назад +3

      your starting to look like Al Borland from from Home improvement. You all know my assistant, Al "what's the point of having a weekend?" Borland!

    • @BlueForte
      @BlueForte 2 года назад +4

      Good work, man!

  • @muresanadi88
    @muresanadi88 2 года назад +6258

    Well he definitely delivered on the promise of unbanking their customers.

    • @Martin-qb2mw
      @Martin-qb2mw 2 года назад +67

      hahahhah

    • @adelanaofficial
      @adelanaofficial 2 года назад +53

      BURN!

    • @CM-oc1bw
      @CM-oc1bw 2 года назад +63

      Adrian- well played and thank you I needed the laugh. Obviously not laughing at a lot of regular folks losing their savings.

    • @smeff099
      @smeff099 2 года назад +8

      Zing

    • @nal101
      @nal101 2 года назад +7

      Lol

  • @Arecapalm24
    @Arecapalm24 2 года назад +9415

    I owe Coffezilla big. I took all my assets off Celsius right after his Luna video at the beginning of May. It really made me think twice about who I was trusting with my money.

    • @dc7993
      @dc7993 2 года назад +966

      Congrats, it's scary man, glad you even could get out.

    • @landline00
      @landline00 2 года назад +76

      Buy Bitcoin at any price: HODL

    • @sarcasticdragon8673
      @sarcasticdragon8673 2 года назад +396

      @@landline00 bruh im so diamond hand its almost like i forgot my password

    • @michaelmartin9148
      @michaelmartin9148 2 года назад +151

      Well done dude!!! A lot of others might well soon regret not doing as you did.

    • @Arecapalm24
      @Arecapalm24 2 года назад +333

      @@michaelmartin9148 Thanks! I've joked that getting my money off Celsius at the 11th hour was the best trade I've made in years.

  • @aarondesalvio
    @aarondesalvio Год назад +647

    And here we are one year later: Mashinsky is indicted by the DOJ and sued by the FTC, CFTC, and SEC. Great work as always Coffee! Investigative journalism at its finest

    • @JordanDragonAs
      @JordanDragonAs Год назад +35

      Now in jail

    • @princess_intell
      @princess_intell 4 дня назад

      Wow, they got the whole alphabet family on board! Great effort by Celsius.

  • @maxwellhouse750
    @maxwellhouse750 Год назад +745

    I think the failure of all crypto companies could be summed up by the following phrase “Everything was going great till people started wanting their money”

    • @UnKnown-xl1iy
      @UnKnown-xl1iy 6 месяцев назад +7

      oh, that’s deep

    • @venerable_nelson
      @venerable_nelson 5 месяцев назад +6

      It explains the push on the term HODL. Crypto works if everyone HODL's.

    • @iheartlreoy8134
      @iheartlreoy8134 5 месяцев назад +1

      @@venerable_nelsonexcept the owner 😂

    • @isaac6077
      @isaac6077 5 месяцев назад

      @@venerable_nelson”it only makes you money if you never actually get any money”….. this is why crypto is a scam

  • @embyrr922
    @embyrr922 Год назад +497

    What I can't get over is him claiming that VOIP was completely disconnected from the phone companies/infrastructure, as if the internet didn't operate over phone lines in the 90's.

    • @hulkslayer626
      @hulkslayer626 Год назад +31

      I was thinking this exact thing lol I get my internet from the phone company 😂

  • @danm9297
    @danm9297 Год назад +465

    This is like watching all the personalities of all the toxic people I have encountered in my personal life play out but with billions of dollars of innocent people's money.

    • @simonh6371
      @simonh6371 6 месяцев назад +5

      Come on who is innocent in crypto? They're all wannabe scammers.

    • @pretzelbomb6105
      @pretzelbomb6105 5 месяцев назад

      @@simonh6371The people at the top? The founders and token minters? The ones making these “projects” that go nowhere? Scammers, nearly to a man.
      The ones losing money, the source of all the profit these tokens will ever see? A few scammers here and there, but most are average joes. 9-5ers, day laborers, the night janitor, farmers, retirees, etc. People who put in several grand they saved up over years, banking on promises of things they didn’t understand because the people running things told them in very flowery language that they didn’t have to.

  • @NotTotallyHopeless
    @NotTotallyHopeless 2 года назад +3276

    It pays to always be suspicious of people who constantly position themselves as standing against some easy villian like the banks, the media, big pharma, etc. It's just an emotional appeal meant to lower your suspicion.

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

    • @skylounge
      @skylounge 2 года назад

      You mean, like the woke mob?

    • @joelwhitmore3550
      @joelwhitmore3550 2 года назад +52

      Sounds like GME apes

    • @slevinlucky3240
      @slevinlucky3240 2 года назад

      Yes, but banks are evil

    • @tomd10
      @tomd10 2 года назад +95

      Use of Emotion always leads to poor judgment

  • @aok2075
    @aok2075 2 года назад +4758

    "The government is corrupt so let's give our money to anonymous people in a deregulated system."
    -Crypto logic

    • @moonshadow7057
      @moonshadow7057 2 года назад +290

      exactly, crypto people don’t understand what “two wrongs don’t make a right” mean!

    • @TouringWolf42
      @TouringWolf42 2 года назад

      It's just the same crony capitalism but with a backwards cap instead of a top hat.

    • @tentringer4065
      @tentringer4065 2 года назад +294

      ​@@moonshadow7057 it's part of the Libertarian mindset; selfishness solves all problems.

    • @raztube90
      @raztube90 2 года назад +23

      You don’t have to give it to anyone you can keep it all to yourself in a ledger.

    • @aok2075
      @aok2075 2 года назад +140

      @@raztube90 In order to obtain the currency in the first place you have to buy it ie. give someone your money

  • @JaVaughn
    @JaVaughn 2 года назад +755

    Coffee is probably RUclips's very best at the moment. The amount of research and ACTUAL work put into these videos in insane. Not to mention the fact that his editing is perfect and he's an overall hilarious guy.

    • @JaVaughn
      @JaVaughn 2 года назад +4

      @@samlevy2137 woah her channel looks sick, great recommendation, I will definitely check her out!!

    • @vonriel1822
      @vonriel1822 Год назад +2

      People Make Games are also doing some incredible journalism, if you want another channel.

    • @pbinnj3250
      @pbinnj3250 Год назад

      100% agree.

    • @JKay-f1t
      @JKay-f1t Год назад +1

      Barely sociable is top notch as well

    • @mirandamanga9083
      @mirandamanga9083 10 месяцев назад +2

      @@JaVaughnwho

  • @meru8348
    @meru8348 2 года назад +1216

    OMG I completely agree Coffee, who tf brings a laptop to the beach it’s just gonna get sandy, wet and over heat and honestly if you bring any electronics to the beach it just completely goes against the entire idea of going to the beach altogether your meant to get sandy and wet.
    Also I guess the stuff about Celsius was a good point to.

    • @justinwatson1510
      @justinwatson1510 2 года назад +52

      I think it could be quite cathartic to throw a laptop into a large body of salt water.

    • @javaskull88
      @javaskull88 2 года назад

      Not to mention…you’re at the beach and not having fun. Wtf is wrong with you?!

    • @THICCTHICCTHICC
      @THICCTHICCTHICC 2 года назад +54

      True story - I was a full beach bum when I was uni student. One day I was on the beach typing an essay and the most ROGUE wave came out of absolutely nowhere and straight up destroyed my laptop.
      I had been there a couple of hours and the waves were crashing nowhere near me. Then that one ruined everything.

    • @NickanM
      @NickanM 2 года назад +20

      @@marcusmanuelhorberg
      Report accounts like this. Report them as unwanted spam.

    • @hopelessdecoy
      @hopelessdecoy 2 года назад +20

      I like that you focused on the true message here!

  • @ChengTeoh
    @ChengTeoh 2 года назад +2532

    Celsius : "We're not a bank."
    Also Celsius : "We enable you to deposit your coins and enable you to lend them to someone else"

    • @Reth_Hard
      @Reth_Hard 2 года назад +110

      I don't like banks a lot and the few money I've got in my account isn't giving me 10% but at least I'm pretty sure it will still be in my account next year and the year after this and the other one after that... lol

    • @msnhao
      @msnhao 2 года назад +52

      But they don’t enable you to withdraw them, so obviously they’re not a bank

    • @toomanyaccounts
      @toomanyaccounts 2 года назад +6

      @@msnhao well they did till a death spiral occured

    • @areyousur3
      @areyousur3 2 года назад +10

      They were never a bank. Closed to a hedge fund, they just had savvy marketing

    • @Aitorek_
      @Aitorek_ 2 года назад +20

      They wish they were a bank in scenarios like this one. Nobody will bail them out now

  • @someonea-j6g
    @someonea-j6g 10 месяцев назад +1208

    My dumbass thought it was the temperature

    • @blademasterzero
      @blademasterzero 7 месяцев назад +29

      Same lmao

    • @randomman466
      @randomman466 7 месяцев назад +7

      Same

    • @newdawnalex
      @newdawnalex 7 месяцев назад +5

      Me too.

    • @Cytorb
      @Cytorb 7 месяцев назад +2

      Same bruh

    • @Noblesse_Sapphire
      @Noblesse_Sapphire 7 месяцев назад +54

      Same 😅 when I saw the thumbnail, my first thought was like "every country except the USA are using celcius, so i think it's gonna be fine" completely forgor about the company

  • @zachpsyrax5013
    @zachpsyrax5013 2 года назад +77

    I was so confused at fist. Never heard of the company so I thought this was going to talk about the measurement of temperature falling apart lol

    • @JC.CopyCrea
      @JC.CopyCrea 2 года назад

      Climate change is as fraudulent as crypto system, at least cryptos do not enforce you to submit

    • @marymoses1053
      @marymoses1053 Год назад +1

      The dude is just the finisher of the goals. Real top notch. Magisterial. Love your work Jacksontechie!. Keep doing What you're Doing.

  • @FoxtrotYouniform
    @FoxtrotYouniform 2 года назад +324

    My biggest regret in all of this is that I'll no longer be able to ask cryptobros of they are 'in CEL'

    • @greenlego25
      @greenlego25 2 года назад +30

      😂

    • @enmanuel1950
      @enmanuel1950 2 года назад +22

      This right here is the real tragedy.

    • @electroflame6188
      @electroflame6188 2 года назад +18

      But they still are. That's the whole problem.

    • @nobody6032
      @nobody6032 Год назад +1

      I don't think you know what regret means

    • @3u-n3ma_r1-c0
      @3u-n3ma_r1-c0 Год назад +2

      AI generated joke lmao

  • @wjebel
    @wjebel 2 года назад +812

    Yikes! As someone who had 40% of his crypto on Celsius, this is sobering to hear. I was initially hopeful that I would recover my crypto I had with them. I really thought Celsius was a low-risk place to earn yield because so many prominent youtubers talked positively about Celsius and Alex was on their shows so often. This has been a very painful lesson to learn.

    • @theoh-r9297
      @theoh-r9297 2 года назад +9

      was gunna chuck money in but i cashed it or lost it already so :X

    • @Ashadow700
      @Ashadow700 2 года назад +380

      Sorry to say it mate, but "low-risk" and "crypto" just don't go together

    • @greg2999
      @greg2999 2 года назад +8

      I'm right there with ya. Sucks

    • @iskende
      @iskende 2 года назад +172

      Crypto is never low-risk -- it's speculation on an 'asset' with no value.

    • @ryansauchuk7290
      @ryansauchuk7290 2 года назад +100

      What?! RUclipsrs getting paid to promote things let you down?! HOW COULD THIS HAVE HAPPENED¿|||

  • @Richard_Nickerson
    @Richard_Nickerson 2 года назад +164

    8:38
    "What are you doing to earn money with it?"
    "It earns at 5.5%!"
    "But HOW?"
    "It DOES do it!"
    "But HOW does it do it?"
    "It does generate money!"
    "But HOW?"
    That's basically what happened there, while the pretty lady just pretended to smile.

    • @jellydae
      @jellydae 2 года назад +12

      pretty lady just sits back and enjoy the crypto drama, lol

    • @Zebo12345678
      @Zebo12345678 9 месяцев назад +3

      The guy asking the question would interrupt before whats-his-face could even attempt to bullshit an answer. I wish he just let the guy dig his hole deeper, instead of yelling over him constantly.

    • @Styxswimmer
      @Styxswimmer 7 месяцев назад

      ​@Zebo12345678 thr guy interrupting him is Peter Schiff. He predicted the last 2 recessions and made a fortune off the banking collapse by betting against the housing bubble

    • @nothobbesmufc949
      @nothobbesmufc949 7 месяцев назад +6

      @@Zebo12345678 well he was hoping he could actually get his answer; journalists learned this lesson with SBF given how many of them just let him dig his own grave in their interviews and keep talking.

  • @readmycomment3157
    @readmycomment3157 2 года назад +243

    Damn 1.1m subs. Here since 60k. You deserve it coffee, your content has been quality, consistently and with its own character and niche. Bravo.

    • @vadim666er
      @vadim666er 2 года назад

      The definition of a good dude

    • @strickshot
      @strickshot 2 года назад

      I was here since 600k

    • @readmycomment3157
      @readmycomment3157 2 года назад +1

      @inspecteur gadjet oui mais j'ai plusieurs comptes

    • @finsflexin
      @finsflexin 2 года назад +1

      Woah 1.1M? didn’t he plan to announce a move to a different digital studio after 1 M subs?

  • @FloppyDobbys
    @FloppyDobbys Год назад +78

    I am fully convinced that you should always do a background check on the CEO's / "People at the Top" of the company you want to invest in.
    That would have saved alot of people.

    • @joaobrito2653
      @joaobrito2653 Год назад +9

      You don’t even need to go that far. If a guy is projecting himself as the good guy against all the evil corporations, he is probably evil, especially if what he offers is too good to be true

  • @cinderheart2720
    @cinderheart2720 2 года назад +157

    Just realized I've been watching you long enough to see your hair all grow back after you shaved it.
    You look good dude.

  • @Emmere
    @Emmere 2 года назад +598

    What would we do without Coffee? The RUclips detective we didn’t know we needed. Sold off all my crypto because a few weeks prior to the crypto collapse (thanks to Coffee) and glad I did.

    • @Patrick-bu5vy
      @Patrick-bu5vy 2 года назад +55

      Absolutely, he's top shelf.....although I'm still not convinced he realizes that these scammers aren't bad apples......they're the whole barrel!

    • @zerotwo7319
      @zerotwo7319 2 года назад +18

      I sold because of the war, but coffe really touches on all the narrative that even bitcoin uses, while showing other projects. it is refreshing to see actual criticism.

    • @mariomario1462
      @mariomario1462 2 года назад +12

      Ah yes, all investors go on youtube and sell their stocks because a youtube influencer told them too.

    • @Patrick-bu5vy
      @Patrick-bu5vy 2 года назад +9

      @@mariomario1462 Ah yes.....so wise one can't even spell to. Buy the dip brah!

    • @mariomario1462
      @mariomario1462 2 года назад +1

      @@Patrick-bu5vy what does an extra o have to do with anything? If u can't actually respond to anything I've said then don't reply. And yes I am buying these dips asid coffee here who has said multiple times he owns bitcoin but keep lying

  • @kilerik
    @kilerik Год назад +273

    Years ago I was in a LARP game, playing as a Russian inventor/businessman (which was actually a liar and scam). I saw my character in the clips of this Mashinsky guy.
    Btw. In the lunch break, another player told me that I was talking great things and everyone seemef to be on board with my plan but he won't be trusting me because my character is Russian and I laughed.

    • @daleyhuard3675
      @daleyhuard3675 Год назад +61

      Love when someone gets out of a scam or Ambush just from hating an arbitrary part of that person. It's hilarious

    • @torrinmedia3998
      @torrinmedia3998 Год назад

      This is casual misinformation and propaganda about Russians. Mashinsky was born in Ukraine not the Russian Federation. So he isn’t even a Russian businessman. Russia by the way has restricted Cryptocurrency as the Kremlin says blockchain technology is not trustworthy. So I would rather trust Russian businessmen. They know what they are talking about

    • @nobody6032
      @nobody6032 Год назад +4

      ​@@daleyhuard3675 Totally

  • @caffeinelife
    @caffeinelife 2 года назад +651

    Peter Schiff looking positively sane is probably the funnest part of this video. Having been in banking my whole life, I know that people hate banks and think banks are evil - and they are - but regulated banks are essential to any economy. This fantasy of a world without banks due to some technological advance is a nice idea, but we aren't there yet.

    • @segundonoacco3164
      @segundonoacco3164 2 года назад

      @H C man most countries have banks on them just because the US put a coup on them.

    • @andresg297
      @andresg297 2 года назад

      Banks are the biggest war criminals

    • @ikabrahmantya6630
      @ikabrahmantya6630 2 года назад +17

      Agree, people need A Central authority to regulate them, otherwise survival of the fittest Law aplied to them

    • @OGNord
      @OGNord 2 года назад +11

      Regulated banks IS the economy yea.

    • @blankblankpog
      @blankblankpog 2 года назад +5

      Schiff is sane most of the time, but whenever he talked about crypto he has this hateful persona

  • @TheInternetHelpdeskPlays
    @TheInternetHelpdeskPlays 2 года назад +501

    Ahh yes. Celsius, it's like a bank, but not a bank, with lending like a bank that isnt bank like, without regulations like a bank.
    I wonder why it all went wrong.

    • @michaelmartin9148
      @michaelmartin9148 2 года назад +1

      😅🤣😂

    • @profanegaming2829
      @profanegaming2829 2 года назад +48

      Close. Actually it's like a bank, but not a bank, with lending like a bank that isn't a bank, without regulations like a bank and without the protections of a bank that wants to help you defeat the banks but needs bailouts from the banks.

    • @LuciferArc1
      @LuciferArc1 2 года назад +2

      Cause it didn't have government bail out. Cough Federal reserve

    • @LuciferArc1
      @LuciferArc1 2 года назад

      @@profanegaming2829 you forgot to add the banks need bail outs from the federal reserve

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

  • @eduardblackbeard3913
    @eduardblackbeard3913 Год назад +105

    "Having someone with only two years of experience handling hundreds of millions of dollars in customer money is always going to be bad." FTX: Hold my polycule.

    • @JordanDragonAs
      @JordanDragonAs 11 месяцев назад +1

      They had at least more experience

  • @beachside1
    @beachside1 2 года назад +54

    Take a look at Safemoon. All the influencers are bailing ship. Gotta love people with their "To the moon or bust" attitude. People with the first name like Safemoon....Well you get the point. Great video Coffee

  • @samuelbodac9174
    @samuelbodac9174 2 года назад +179

    Celcius goes insolvent
    CityGroup: "You couldnt live with your own failures and where did that bring you? Back to me"

    • @kenneencail
      @kenneencail 2 года назад

      😂😂😂

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

    • @mosestheleader25
      @mosestheleader25 2 года назад +12

      "Reality is often disappointing"

    • @altriish6683
      @altriish6683 2 года назад

      Lol

    • @jeronimo196
      @jeronimo196 2 года назад +4

      "What did it cost?"
      "Everything."

  • @PicketPolecat
    @PicketPolecat 2 года назад +56

    "There's no 'I' in 'Team', but there's a 'con' in 'Economy'" - Cryptobros, probably

    • @dantegaming2214
      @dantegaming2214 24 дня назад

      thats a lyric from a song called The Fine Print from 2019 by The Stupendium thats about the game Outer Worlds.

  • @CFEF44AB1399978B0011
    @CFEF44AB1399978B0011 Год назад +190

    having seen the outcome of the battle of sand vs. sd card, I can confirm, beach and computer don’t match. I dropped a zoom h1n into the sand after it fell out of a pocket, and had been recording waves and sea birds at sunrise. The machine and all the switches got asaulted with a slurry of sandy water which got driven in by waves. The record button was trashed, but the sand went into the sd slot and literally removed half of the micro sd in the machine.

    • @marymoses1053
      @marymoses1053 Год назад

      The dude is just the finisher of the goals. Real top notch. Magisterial. Love your work Jacksontechie!. Keep doing what you're doing.

    • @caileyrookids
      @caileyrookids Год назад +26

      _Wow_ that's a lot of linked bots..!

    • @Spagoooterman
      @Spagoooterman Год назад +38

      Poor man just wanted to share his sand vs sd card story and the bots descended :(

    • @Slavolko
      @Slavolko Год назад +27

      Your SD card was returning to the quartz beach of its silicon ancestors.

    • @moosenman
      @moosenman Год назад +3

      Rip, my dad does photography as a hobby and he hates beaches with a passion

  • @Jackalgirl
    @Jackalgirl 2 года назад +97

    There's a genre in fiction called "competence porn" (C.J. Cherry's "Foreigner" series is a great example of this). I'm coming to feel that watching Coffee's exposés is a genre all of its own, too: "incompetence porn".

    • @JordanDragonAs
      @JordanDragonAs 11 месяцев назад +4

      I have a lot of questions

    • @deaddragon95
      @deaddragon95 5 месяцев назад

      @@JordanDragonAs same

    • @pretzelbomb6105
      @pretzelbomb6105 5 месяцев назад

      @@JordanDragonAs "Competence Porn" describes media in which one of the main draws is some or all of the cast performing complex or difficult tasks confidently at a high level. In other words, competently. Compare Sherlock Holmes to Columbo. The former is THE detective in the Western mind, an endless font of logical deduction and well-placed self confidence. The latter shares these traits, but he pretends to bumble about and put the suspects at ease, just in time to pull the rug out at the end.
      Sherlock Holmes is Competence Porn. The joy in reading his stories comes from solving the mysteries alongside him and watching as his deductions render complex situations down to straightforward connections.
      Columbo is Comedy. The joy in watching the show comes from knowing Columbo is on the perpetrator's trail. He's as good at his job as Holmes would be, but it's the windiness of the path, rather than its exact creation, that entertains.

  • @oasntet
    @oasntet 2 года назад +152

    I've been at companies that grew at a tenth of the speed of Celcius and fell apart from being unable to onboard new employees (especially managers) well enough to keep productivity up. Growth hacking is extremely dangerous to any company that tries to have a value beyond marketing itself to VCs.

    • @dannys396
      @dannys396 2 года назад +9

      If you want to grow a company and have to add a management layer (which is inevitable as everyone can't report to the founder) then you should look to promote within the company as it avoids onboarding issues. A company should focus on bringing in management that lack skills the current team has and become more prominent as the company grows (usually finance, law, sales and HR). But they should continue to invest in the staff that brought the initial growth. This lowers the chance that the culture that fed the success is eroded. However, a 281% organic increase in staff in a year is insane, and I agree pretty much unmanageable no matter the approach.

    • @fartexplosion4480
      @fartexplosion4480 2 года назад +2

      It's true. Most companies fail because they can't grow fast enough. Some fail because they grow too fast

    • @himoffthequakeroatbox4320
      @himoffthequakeroatbox4320 2 года назад +12

      @@dannys396 Baloney. A perfectly good engineer or programmer might well be dreadful manager.

  • @askadvice
    @askadvice 2 года назад +23

    I love your niche, my friend 🤓👍
    You are not shilling anything, you're not selling anything, you are a True Investigator. And you're doing A Real Job in a Digital World, & it's where we cross paths🤓
    You are my friend, my friend 🤗💜💯
    Loves from Canada 🇨🇦

  • @DROIDekhan
    @DROIDekhan 2 года назад +288

    Dude I love your content I'm not in the scene of online money but watching your content keeps me up to date on what's big and mostly what to avoid and I'll probably still stay away from digital money but still I'm learning a lot from you and it's crazy thanks man.

    • @shz6148
      @shz6148 2 года назад

      stay away from everything but Bitcoin. Bitcoin is the future. Read about it and u will understand. Buy Bitcoin!

    • @durchmesserd5587
      @durchmesserd5587 2 года назад

      @@shz6148 can you explain why 😅 i dont have Money anyway but i would be Vers interested in knowing Why you think Bitcoin can Hit New highs again

    • @BrianShiitakeOfficial
      @BrianShiitakeOfficial 2 года назад

      @@durchmesserd5587 btc is considered the store of value in crypto, ethereum is the math that everyone uses. If Mt gox failing didn't kill btc, then inflation won't

    • @shz6148
      @shz6148 2 года назад +2

      @@durchmesserd5587 Man i just wrote a long comment explaining a lot and managed to mark the whole thing and delete it - _-

    • @TheInternetHelpdeskPlays
      @TheInternetHelpdeskPlays 2 года назад +5

      @@shz6148 amazing. Tell me how a drop of $4000 over the last 7 days is considered profitable?

  • @MeronEntertainment
    @MeronEntertainment 8 месяцев назад +5

    When I've clicked on this video, I expected something like "why Fahrenheit > Celsius"
    I don't know whether I'm relieved or disappointed.

  • @livelongandtroll9108
    @livelongandtroll9108 2 года назад +150

    *"I don't like sand. It's coarse, rough, and irritating and it gets everywhere... in my keyboard."* Coffeezilla, 2022

    • @tablettablete186
      @tablettablete186 2 года назад +1

      "I hate sand"
      - Anakin Skywalker

    • @jonathanj8303
      @jonathanj8303 2 года назад +1

      @@tablettablete186 pretty sure Luke also says something similar at some point in episode IV.

    • @doctoroctos
      @doctoroctos 2 года назад +2

      If coffeezilla has an Anakin story arc, there will be a RUclips channel about his channel

    • @asherwoodrow7471
      @asherwoodrow7471 2 года назад +1

      @@doctoroctos "YOU WERE THE CHOSEN ONE! YOU WERE MEANT TO DESTROY THE SCAMS NOT JOIN THEM!"

  • @studiouswadoo5027
    @studiouswadoo5027 2 года назад +168

    The clip you showed of Alex was him debating Peter Schiff and I saw it a couple months ago. it was laughable to see the vast majority of people thinking Alex won, it was clear Celsius was a house of cards from the very beginning

    • @joshuas.8239
      @joshuas.8239 2 года назад +2

      Was it clear ?

    • @altriish6683
      @altriish6683 2 года назад +20

      Lol, two con artists debating each other. Must have been a sight to see

    • @hnlpharmd
      @hnlpharmd 2 года назад +5

      @@altriish6683 This man gets it.

    • @herpderp7114
      @herpderp7114 2 года назад +13

      @@altriish6683 How is Peter Schiff a con artist? Literally everything he sells is straightforward and delivers precisely what is promised.

    • @CommanderRiker0
      @CommanderRiker0 2 года назад +6

      @@altriish6683 Peter Schiff is not a con artist. He's probably has the most integrity of anybody in the financial space. Very strange viewpoint there.

  • @chewkeat
    @chewkeat 2 года назад +30

    Always ask ourselves why someone wants to help us become rich. If something is too good to be true, it probably is (too good to be true).

  • @ScoundrullonYouTube
    @ScoundrullonYouTube 2 года назад +480

    Bro I just want to see a video of him doing the process it takes to make these videos, it's one thing to sit down and edit this stuff but it's another to research and actually call people to do interviews, I just don't understand how he puts the puzzle pieces together the way he does it's very impressive

    • @wintersoilder5676
      @wintersoilder5676 2 года назад

      @Whatspp☩①⑤⑤⑨②②②①⑧⑨⓪ scammer stay away bro

    • @ronperry5623
      @ronperry5623 2 года назад +26

      You learn how to research in college. I don’t know about how he gets people to do an interview with him (might be with incentives) but at the end of the day, he knows how to do research, and does a great job presenting his findings

    • @codycast
      @codycast 2 года назад +13

      Literally the only thing that causes me to just listen (vs watch) is the strange camera angle he keeps going to just after 19:33. I’m not sure why but it’s super off putting.

    • @tafadzwasavala2769
      @tafadzwasavala2769 2 года назад +2

      Yea a behind the scenes would be great

    • @scrapcrumbs
      @scrapcrumbs 2 года назад +8

      Journalism at its finest. I think we've gotten so used to half baked RUclips videos. He's actually trying at a professional level, not just trying to be a RUclipsr.

  • @ItWasntAPhase
    @ItWasntAPhase 2 года назад +26

    Celsius succeeded in helping their customers no longer worry about money.....not because they are rich, but because they have none to worry about anymore.

  • @sg_hokkien_opera
    @sg_hokkien_opera 2 года назад +85

    24 year old was the head of lending at Celsius, having worked as an adult actress prior to joining Celcius. I assume her acting was considered as relevant experience to the crypto industry she was joining 😂

    • @Johann_Gambolputty_of_Ulm
      @Johann_Gambolputty_of_Ulm Год назад

      Well, she had a vast experience of screwing people, so... checks out?

    • @MyRegardsToTheDodo
      @MyRegardsToTheDodo Год назад

      Is there actually anybody who doesn't believe Mashinsky was banging her (or tried to get into her pants)?

    • @kenhart8771
      @kenhart8771 Год назад +1

      Seriously ?

    • @gnupph
      @gnupph Год назад +8

      @@kenhart8771 pump and dump, bro

  • @areyousur3
    @areyousur3 2 года назад +305

    Celsius was a publicly funded hedge fund that pretended to be a “defi bank” through savvy marketing.
    They took their customer’s deposits, tried to invest the money and make a bigger return than their apr and withdrawal obligations.
    This is the truth 👍

    • @tripvic7629
      @tripvic7629 2 года назад +2

      💯

    • @thewhitefalcon8539
      @thewhitefalcon8539 2 года назад +16

      Nothing wrong with being a defi hedge fund as long as they say it's that

    • @drewbeats.3228
      @drewbeats.3228 2 года назад

      @@thewhitefalcon8539 TRUE

    • @areyousur3
      @areyousur3 2 года назад +4

      @@thewhitefalcon8539 3ac were upfront about it. Doesn’t change that they are bankrupt, but atleast they didn’t con others

    • @TouringWolf42
      @TouringWolf42 2 года назад +1

      So, defi hedge fund? Crypto 1%?

  • @Fusilier7
    @Fusilier7 2 года назад +21

    Alex Mashinsky: We're not a bank, we're a special operations financial institution.

    • @paulustrucenus
      @paulustrucenus 2 года назад +1

      This is not a funny joke, this is a special mood enhancement operation.

  • @mac2105
    @mac2105 2 года назад +9

    Aaaand it's gone, it's all gone.

  • @Jon-wn3nw
    @Jon-wn3nw 2 года назад +35

    tried taking my laptop to the beach was definitely the worst experience ever you can barely see the screen. How can someone work like this?

    • @Aitorek_
      @Aitorek_ 2 года назад +1

      Because they don’t

    • @xxxxxxxyyyyyyy
      @xxxxxxxyyyyyyy 2 года назад +1

      I tried it once too. It was impossible to see anything.

  • @mjamaltv
    @mjamaltv 2 года назад +102

    C-Zilla you're the man. The level of research and in depth investigation you do is beyond amazing. You've exposed so much fraud and bs. Keep up the incredible work

  • @Barry-the_bruiser
    @Barry-the_bruiser Год назад +60

    I feel like Celsius was the bank equivalent of “I’m not like other girls”

  • @PhilfreezeCH
    @PhilfreezeCH 2 года назад +27

    5:00 VOIP is completely autonomous of the phone line infrastructure and rides on the internet.
    Which used to ride on the old phone lines.
    So VOIP more so just moves to protocol one abstraction layer up. Without phone company you still can‘t do shit because you don‘t have internet access.

    • @Farimere
      @Farimere 2 года назад +3

      Makes sense if you dont think about it, question it, or take two seconds to figure out the timeline.

    • @watchm4ker
      @watchm4ker 2 года назад +2

      In fairness, VOIP can run over any network that uses the Internet Protocol, be it an internal office ethernet/wifi-based intranet, or an ocean-spanning fiber connection, or a satellite constellation in low orbit. Telephone companies were big players, sure, but it wasn't long before *they* turned themselves into ISP, and switched to VOIP-derived backends themselves. It's VERY rare to see actual circuit-switched networks still in operation.

  • @grayaj23
    @grayaj23 2 года назад +233

    Random redditor was trying to justify losing his mother's retirement money, saying "EVERYONE on reddit said it was good!"
    No. Many people were telling you exactly what was going to happen. You didn't listen. To that guy, I hope your mother testifies against you at your trial.

    • @altriish6683
      @altriish6683 2 года назад +46

      How do you even get control of your mother's retirement money? That's just multiple levels of fucked up

    • @dfonseka2120
      @dfonseka2120 2 года назад +8

      Have a link? I’d love to read the thread

    • @themobsprinter
      @themobsprinter 2 года назад +3

      @@dfonseka2120 I'm a member with a not insubstantial amount of coin in Celsius. I read that thread. Guy put in 1.3 million dollars of his mother's retirement fund and basically said they were going to be destitute. When even other Celsius users started roasting him he tried to defend himself by saying he has high functioning autism, and basically wrote like a 5 year old. I also have high functioning autism. You know what I did? I spread my funds across 3 platforms because diversification is my friend, and I'm not stupid. Only downside is I kept most of my BTC on Celsius so if it goes tits up I lose my most important third, but I still have 2/3rds safe, away from Celsius's stupidity

    • @0daadaadaa0
      @0daadaadaa0 2 года назад +17

      @@themobsprinter So he's still in the denial stage of the market cycle psychology....

    • @keonkla
      @keonkla 2 года назад +1

      @@altriish6683 redditor males tend to be the most weaselly and dishonorable

  • @shoofle
    @shoofle Год назад +13

    it's so funny how people think that blockchain solutions will decentralize finance. they're centralizing them more. just because it's implemented on the cloud doesn't make it suddenly not a single conceptually centralized data store

    • @jadeshay1
      @jadeshay1 25 дней назад

      I know this is a super old comment, but I genuinely think about this all the time. The blockchain is literally a public ledger, I don’t understand why people feel like they’re somehow anonymous on it?? Sure, it may not be explicitly tied to you, but it very clearly can be, and once it is your entire banking history becomes public information/knowledge that CANNOT be expunged. People can also send you things that you cannot expunge from your history. It’s an interesting technology, but it’s so fundamentally misunderstood that it drives me bonkers.

  • @samaeltheundying
    @samaeltheundying 2 года назад +45

    I adore this channel. The whole Antiscam Cadre (Coffee, Spencer, AttorneyTom, etc).
    Changing lives with your work. Seriously.
    That and trying to learn from my mistakes and poor attitude with people.

  • @poshmalone
    @poshmalone 2 года назад +124

    I used to think entrepreneurship at these high levels was noble…its turning out to be a bull pen full of sociopaths.

    • @pdcdesign9632
      @pdcdesign9632 2 года назад +1

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

    • @D52M5
      @D52M5 2 года назад +4

      Sad but true…

    • @0daadaadaa0
      @0daadaadaa0 2 года назад +8

      Well, how do you think the titans of industry throughout history built their companies and last a long time? You have to be crazy to attain that level of success and stay in the game.

  • @flfun2no
    @flfun2no 2 года назад +8

    It's ASMR to me to hear you calling people out. Bravo Coffeezilla!

  • @TheDeatheater3
    @TheDeatheater3 2 года назад +20

    Very instructive. A very good advice to people lost money from this. When you see suspiciously high returns ask yourself the question. "Where does the money come from?" If you dont have convenient answer to that question you are getting scammed.

    • @watchm4ker
      @watchm4ker 2 года назад +2

      What really sent me was the mention of Gold having "returns." It's a *metal.* It sits in a vault and looks shiny. Having a brick of gold does not, in any way, allow you to make more gold. You might have a net gain when you finally get rid of it, you might have a net loss. That's not up to you, that's up to whoever wants to buy it off you.

  • @SelimUludere
    @SelimUludere 2 года назад +71

    As far as I know, in modern banking "depositing" is also loaning to the bank, and "withdrawing" is again calling your loan due. Banks no longer hold the money you give to them tucked away in a safe somewhere, they just write it in the books as their own debt to you. So in essence: even with the wordplay tricks Celsius uses, to differentiate themselves from regular banks, they still are describing a bank.

    • @tomcads1604
      @tomcads1604 2 года назад +54

      It is a bank, minus all the regulation and the insurance in case they lose your money.
      So they're a bank, but worse

    • @watchm4ker
      @watchm4ker 2 года назад +13

      If by 'modern', you mean 11th century. There's examples as far back as we have written history, but it's a little shakier how they managed deposits and loans. But everyone hated owing money to them back *then,* too.

    • @aaroncabatingan5238
      @aaroncabatingan5238 Год назад

      Except they're not backed by the Central Bank so when they inevitably collapsed, you're fucked.

  • @2goober4u
    @2goober4u 10 месяцев назад +59

    Bruh i thought Fahrenheit won

    • @Enderking-xs2zt
      @Enderking-xs2zt 7 месяцев назад +2

      Same….very sad day

    • @DF-ep3kk
      @DF-ep3kk 7 месяцев назад +1

      Nope. 🙂‍↔️

    • @j-k-o
      @j-k-o 5 месяцев назад

      Fahrenheit is a shit unit

  • @knightride9635
    @knightride9635 2 года назад +46

    After a lifetime of selling garbage with big words, I guess the owner Alex just strike it rich with Celsius, basically paying himself a huge salary and bonus and stealing some of the $25B from his customers.

  • @nolimo2593
    @nolimo2593 2 года назад +46

    Always ALWAYS do your research no matter how good their advertising is, or how good they are talking about it(its literally their company to generate them revenue, of course they will speak greatly about it). Be safe!

  • @menacingpyro2005
    @menacingpyro2005 23 дня назад +6

    My dumb ass thought the video was gonna talk about celcius as in the way to record temperature

  • @Aitorek_
    @Aitorek_ 2 года назад +26

    Keep going Coffeezilla, this is like a telenovel at this stage. When Celsius part 3?

  • @Nothsa
    @Nothsa 2 года назад +81

    Coffee has saved me from making so many shitty investments thanks Coffee

    • @philmckay9973
      @philmckay9973 2 года назад +5

      Hey big boy….he hasn’t talked about me. U interested in a defi futures opportunity where we breed doge with a pug?

    • @icecoldchilipreppers
      @icecoldchilipreppers 2 года назад +1

      @@philmckay9973 🤣

    • @Nothsa
      @Nothsa 2 года назад +1

      @@philmckay9973 nah, but your moms could be a whole different story…..😉😉

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      A broken clock is right twice a day!!!!

    • @hareecionelson5875
      @hareecionelson5875 2 года назад +3

      @@pdcdesign9632 A working clock is right roughly once week

  • @CheapSushi
    @CheapSushi 2 года назад +7

    While the whole FTX thing is going on. Don't let people forget about Celsius and Alex Mashinky!

    • @marymoses1053
      @marymoses1053 Год назад

      The dude is just the finisher of the goals. Real top notch. Magisterial. Love your work Jacksontechie!. Keep doing what you're doing.

  • @danielschulz9304
    @danielschulz9304 2 года назад +47

    Excellent deep dive. Like the longer videos when there's this much history. This is a big story with an even bigger EGO. GO GET EM COFFEEZILLA

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

  • @the-chillian
    @the-chillian 2 года назад +25

    How the HELL could StakeHound lose the keys to its ETH? As incompetent as Celsius was, this is amazing.

    • @foongern1071
      @foongern1071 2 года назад +7

      Or, OR, hear me out... They lied.

    • @the-chillian
      @the-chillian 2 года назад +7

      @@foongern1071 There's merit to that idea, but I'm wondering how bad it could be that it's preferable to admit a truly staggering degree of incompetence even compared to that of Celsius.

  • @rheawelsh4142
    @rheawelsh4142 2 года назад +10

    One thing I've noticed about crypto bros is that to them "decentralized" literally just means that something utilizes the blockchain at some point, regardless of whether it is or isn't actually decentralized

    • @mathiasrryba
      @mathiasrryba 2 года назад +5

      They probably don't even understand what the term means in the first place.

    • @samsonsoturian6013
      @samsonsoturian6013 2 года назад

      The guys with access to admin commands consistently say otherwise

    • @samsonsoturian6013
      @samsonsoturian6013 2 года назад

      @@mathiasrryba not many, because gangbangers keep ramming it down our throats

    • @marymoses1053
      @marymoses1053 Год назад

      The dude is just the finisher of the goals. Real top notch. Magisterial. Love your work Jacksontechie!. Keep doing what you're Doing.

  • @lestinmurillo2566
    @lestinmurillo2566 2 года назад +35

    it's funny when someone ask "how?" these people never have a answer, i think that's a big red flag

    • @fakenamerealchungus9851
      @fakenamerealchungus9851 2 года назад +2

      It prints money because... it just does, okay!?

    • @Mac-eo4bc
      @Mac-eo4bc 2 года назад +4

      Always the best tell to see if you're going to be involved in some Bs...
      Asking questions is frowned upon.
      If you can't ask anything, but you're still supposed to trust the process...
      RUN!

    • @Yora21
      @Yora21 2 года назад

      "Wishful thinking"

    • @Dan0TheMano
      @Dan0TheMano 2 года назад

      I wish people would ask “how?” about the FED more often.

    • @larryo6874
      @larryo6874 2 года назад

      I remember someone asking an Enron executive how they were making so much money and he couldn’t answer….

  • @benjaminmatheny6683
    @benjaminmatheny6683 2 года назад +217

    In talking about how much the founder made off of this debacle, you didn't even mention what he was probably playing himself in salary. The worst part of any bank collapse like this is that the executive team will have been pulling large salaries even as they lose customer money hand over fist. Unlike a regular business, where customers where usually getting a product/service in return.

    • @samuelrogers8506
      @samuelrogers8506 2 года назад +10

      I wouldn’t be quick to say banks would’ve stopped paying themselves large bonuses during a collapse, I mean look at any failing bank in 2008. Most lined their pockets and got out.

    • @jhallo1851
      @jhallo1851 2 года назад +24

      @@samuelrogers8506 that's what the OP said

    • @BonJoviBeatlesLedZep
      @BonJoviBeatlesLedZep 2 года назад +9

      Yeah it's not so much a golden parachute as it is the founder never being on the plane to begin with

    • @ologhai8559
      @ologhai8559 2 года назад +2

      @@BonJoviBeatlesLedZep yeah... its like they are on golden yacht, while others being on titanic

    • @mattfm101
      @mattfm101 2 года назад

      They were paid in celsius tokens and were rewarded more later down the line if they chose not to claim them.

  • @brettc3290
    @brettc3290 2 года назад +15

    Celsius: Forget about banks!!!!
    Also Celsius: Daddy Citigroup plz save us!!!!

  • @MsXfi
    @MsXfi 2 года назад +65

    You're a good man coffee, converted all my crypto (including Cell) into fiat right before the mayhem started thanks to your influence.

    • @jellydae
      @jellydae 2 года назад +7

      glad u got out on time bro

    • @rabidfirefox8914
      @rabidfirefox8914 2 года назад +4

      You escaped with your life, good job man.

  • @NoHandle690
    @NoHandle690 2 года назад +61

    While others experience FOMO and rush to buy some crypto, I experience FOGB ( Fear of going broke) therefore stay away from any crypto. Those things have no market value.

    • @deafshark9932
      @deafshark9932 2 года назад +6

      I am a certified FOGBro

    • @FreddyPhD
      @FreddyPhD 2 года назад +3

      That’s why you never invest more than you can afford

    • @isanyoneelseheretoday
      @isanyoneelseheretoday 2 года назад +2

      yeah 100% and recent events have shown that apparently crypto is rife with scammers, so I just don't see any reason to go in

    • @xxxxxxxyyyyyyy
      @xxxxxxxyyyyyyy 2 года назад

      It has value, but the term you used is cool.

    • @neoqwerty
      @neoqwerty 2 года назад

      @@FreddyPhD It also helps if you invested BEFORE it got hip-- never invest on something volatile if it's mainstream, that's a peak value point and where you should pull out if you don't want to gamble on a bigger peak in the future instead.

  • @bjoernf73
    @bjoernf73 3 месяца назад +5

    6:31 "Celsius...allows you to deposit your coins, ....and keep 80% of the value". Call me crazy, but when I deposit, I expect to keep 100% of my money's value 😂

  • @ChiefKene
    @ChiefKene 2 года назад +25

    8:06 I remember this vividly. Peter was tearing into him (Peter does that to everyone lol)

  • @motomusica
    @motomusica 2 года назад +27

    This new camera game is fire, coffee!

  • @anxiouskitt4984
    @anxiouskitt4984 10 месяцев назад +2

    I deadass thought this was about the temperature celsius.

  • @FinancialShinanigan
    @FinancialShinanigan 2 года назад +24

    Celsius: Banks are not your friend!
    ...but they are FDIC insured in case they collapse

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

  • @Higno44
    @Higno44 2 года назад +70

    Bitcoin at 17k now!! Holy cow, I have a feeling Coffee is going to be swamped with all the content this crash is going to produce. Keep up the excellent work!

    • @valdomero738
      @valdomero738 2 года назад +1

      Keep stacking sats bro.

    • @DrunkJackal
      @DrunkJackal 2 года назад +5

      (upside-down flaming rocket emoji)

    • @enochian7133
      @enochian7133 2 года назад +1

      I can't wait to buy as much of it as possible, bitcoin ain't going anywhere except my digital wallet

    • @tomcads1604
      @tomcads1604 2 года назад +15

      @@enochian7133 famous last words my friend, godspeed

    • @Smartacus420
      @Smartacus420 2 года назад +1

      @@tomcads1604 bruh it was 50k like 6 months ago lol, if you can invest money you don't need long term its a great investment.

  • @TheCozplayer
    @TheCozplayer 8 месяцев назад +1

    I don’t know why I believed Coffeezilla made a video about Celsius the temperature

  • @silverman567
    @silverman567 2 года назад +33

    Your videos are so well researched and explained. Your work is invaluable! Thank you coffeezilla!!

  • @christophervelez1561
    @christophervelez1561 2 года назад +92

    Is it bad that I love this content? Like how many times can you say told ya so.

    • @michaelrexrode3759
      @michaelrexrode3759 2 года назад +6

      Lol it never gets old.

    • @chrisbruggers8076
      @chrisbruggers8076 2 года назад +9

      scha·den·freu·de
      /ˈSHädənˌfroidə/
      Learn to pronounce
      noun
      pleasure derived by someone from another person's misfortune.
      "a business that thrives on schadenfreude"

    • @rufus5208
      @rufus5208 2 года назад +2

      I love this chaos.

  • @uncle_Samsonite-1
    @uncle_Samsonite-1 Месяц назад +1

    i think a big reason why these scams work is that they say "10% more money" or others things and people just forget that money comes from somewhere so where did it come from they don't think that far ahead

  • @tonyk4615
    @tonyk4615 2 года назад +9

    Love UEG. Glad to see 2 of my favorite CC’s teaming up.

  • @bigpatmo
    @bigpatmo 2 года назад +9

    Every year companies try to recreate bitconnect in a new package! It always ends the same.

    • @Yora21
      @Yora21 2 года назад +1

      A huge success.

  •  28 дней назад +1

    His shirt is funny
    The banks are not your friends.... well NEITHER ARE YOU LMAO

  • @picalc314
    @picalc314 2 года назад +15

    Celsius: "We're not a bank"
    Also Celsius: *Suffers from a bank run*

  • @vincecanino6119
    @vincecanino6119 2 года назад +53

    Glad upper echelon made it on here! Dude Is entertaining and informative!!

  • @TheMoonRulesNo1
    @TheMoonRulesNo1 Год назад +4

    So... He claims VOIP was decentralized from the phone companies infrastructure, but in 98, nearly all internet services directly used phone company infrastructure.

  • @sirguy6678
    @sirguy6678 2 года назад +21

    Alex also invented how to make $25 billion dollars disappear- I imagine all of his former customers are pretty impressed

    • @hnlpharmd
      @hnlpharmd 2 года назад +1

      Yeah, move over Amazing Blackstone.

  • @cheesesniper473
    @cheesesniper473 2 года назад +10

    The cyanide to gold miners is an interesting idea, its too bad the cyanide needed to refine the gold from the ore is way too cheap to produce to justify outsourcing and transporting it.

  • @shaunattwoodOFFICIAL
    @shaunattwoodOFFICIAL 2 года назад +4

    Love what you are doing

  • @gstringboy1901
    @gstringboy1901 2 года назад +13

    Seems like someone got a new camera! Love the vids keep it up!

  • @wadedupey5948
    @wadedupey5948 2 года назад +44

    I moved from USA to Thailand to freelance online 11 years ago. Financial freedom with 1/4 cost of living baby. lol

    • @volvo09
      @volvo09 2 года назад +1

      Thailand looks like a cool place

    • @notwxz
      @notwxz 2 года назад +1

      @@suniixxsav he he boy

    • @wadedupey5948
      @wadedupey5948 2 года назад +2

      @@suniixxsav If you think of stereotypes sure. But there is more to the country than that.

    • @elcancion
      @elcancion 2 года назад +4

      I was thinking the same but most of my clients are in the US, isn’t the timezone kinda shitty to do business with 🇺🇸 ?

    • @TheBlindNiggaMC
      @TheBlindNiggaMC 2 года назад

      What type of freelance work do you usually do? Like website design or do you mean jobs actually in Thailand?

  • @szabolcsmate5254
    @szabolcsmate5254 Год назад +3

    0:06 - FFS you said it all. "a terrible experience with both" 😂

  • @Hardeleiar
    @Hardeleiar 2 года назад +86

    Just a bit of observation:
    When CoffeeZilla switched to the interview footage, and CoffeeZilla was asking the interviewee question, sometimes my mind confused and think the interview was finished and we are now switching back to the main video.
    It would be nice to have some sort of visual reference to let us know we are still in the interview footage or the main video, like color hue, or come frame around the video, something enough to let us immediately know we are not on the main video.

    • @thestormwar
      @thestormwar 2 года назад +6

      I like the idea of "come frame" lol

    • @inthefade
      @inthefade 2 года назад +6

      An audio cue is good too. Like a change of audio quality. That way you don't have to be watching to be able to tell.

    • @tentaklaus9382
      @tentaklaus9382 2 года назад +4

      A wet sock screen wipe would be perfect

    • @xDRAN0x
      @xDRAN0x 2 года назад +3

      the headset was obvious

    • @briannawaldorf8485
      @briannawaldorf8485 Год назад +1

      @@inthefade change of audio quality? Did you hear the anonymous source ? Horrible audio quality.

  • @SaltStorm007
    @SaltStorm007 2 года назад +61

    That Monopoly Man joke/gif made me spit my coffee out! WELL DONE! Coffee makes some of the BEST CONTENT ON RUclips! KEEP IT UP COFFEEZILLA....YOU ROCK💯🔥

    • @Blernster
      @Blernster 2 года назад +1

      You want him to like your comment and acknowledge you so bad it's kind of sad

    • @TrollingHistory
      @TrollingHistory 2 года назад

      Oh behave you definitly an iced tea drinker.

    • @pdcdesign9632
      @pdcdesign9632 2 года назад

      Now that the SH*T HIT THE FAN, all these "insiders" are coming out with their stories.
      Where were they last year when the market was good in October-November?
      Oh yeah, they were making sick money being the ENABLERS that they are. This keeps repeating
      itself and no one goes to jail just like the 2008 Recession. 🙄😬

  • @donaldmorrison9940
    @donaldmorrison9940 2 года назад

    Love the long form, the detail is what makes you top notch and makes it extra interesting

  • @James-gm9cs
    @James-gm9cs 2 года назад +73

    These crypto geeks were right though..., crypto is resulting in the greatest wealth transfer in our generation... the wealth transfer from poor suckers losing their life savings to make a few individuals into billionaires that is!

    • @jamesg1827
      @jamesg1827 2 года назад +9

      You tell ‘em brother 🔥

    • @theghost00
      @theghost00 2 года назад +13

      “Hey, but if *I* invest, I definitely won’t be one of those poor suckers losing their savings and become one of the billionaires instead!” - logic of the people that get scammed

    • @hnlpharmd
      @hnlpharmd 2 года назад +5

      @@theghost00 Indeed, all roads lead to narcissism at the end of the day.

  • @thea.m.p.co.467
    @thea.m.p.co.467 2 года назад +23

    "... completely autonomous to the phone-line structure..."
    Never mind the fact that when his VOIP was around the internet was accessed by almost everyone via telephone lines.

    • @watchm4ker
      @watchm4ker 2 года назад +1

      True, but VOIP had the last laugh. These days, the entire POTS network from the local trunk down is all packet-switched networks running some VOIP derivative. Cellphones have been IP-based since 4G (3G was a weird hybrid)

  • @t084
    @t084 Год назад +2

    I can’t lie I clicked this video thinking it was to do with temperature😂wondering why tf coffee was doing this vid😂😂😂

  • @JohnHall
    @JohnHall 2 года назад +100

    This feels terrible, but from my own experience, I have yet to work w/ a software developer from ye olde Soviet Union (I'll give the younger devs a little bit of runway here) that isn't running some kind of scam. It isn't doesn't have to be something completely evil, but they're always trying to shave a penny to grab the extra copper (or zinc nowadays). It's growing up in that environment that kind of trained people to find ways to sneak about and grab a little extra.

    • @freeffree4133
      @freeffree4133 2 года назад

      Yeah I'd never trust a russian

    • @acebdefg5582
      @acebdefg5582 2 года назад

      yeah, because we all know there are no scammers in the USA at all.
      What was the last number people lost in the US on crypto scams? +1 Billion$.
      Talking about the soviet union while the US is the home of the biggest fraudsters in history, is just ironic.

    • @faber3969
      @faber3969 2 года назад +8

      The founder and all the executives grew up in Israel

    • @freeffree4133
      @freeffree4133 2 года назад +1

      @@faber3969 Russian Jews...

    • @faber3969
      @faber3969 2 года назад +9

      @@freeffree4133 I know but he said they're scammers because "it's growing up in that environment that kind of trained people to find ways to sneak about and grab a little extra" Alex didn't grow up in the Soviet Union because he moved to Israel when he was very young.

  • @daryljohnson887
    @daryljohnson887 2 года назад +4

    Peter Schiff gets a little heated calling out another scam,enjoyed that part .Great job coffee

  • @Chris_winthers
    @Chris_winthers 7 месяцев назад +1

    I thought this was about celcius, the temperature scale, and i was ready to throw hands

    • @Silly_lalalala
      @Silly_lalalala 7 месяцев назад +1

      I smell angry European /joking