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You side too much with excessive government power and weilding their axe. Yea they're meant to protect, but most times they just raise walls around the garden of their friends
SEC: "You are dealing securities." Gemini: "No, we are doing the opposite of that. As a crypto exchange, we are all about making money from insecurities."
I thought twitter was only good for democratic propaganda. Didn't realize it was where all the crypto companies notify their investors they lost all there money.
What I don't understand is how they can both refuse to pay the promised rate of return and refuse to return the money. Those two things usually are almost the definition of insolvency and bankruptcy.
I don't understand why anyone would want to borrow a bitcoin anyway, other than for speculation. In that case you might as well put it on the 2:30 at Newmarket.
@@himoffthequakeroatbox4320 Some of the companies involved were doing cyclic lending to themselves. Three arrows specialized in that. Every dirty or illegal thing in the normal banking system, they were doing with bitcoin borrowing.
Don't be surprised. BlackRock just gated it's real estate fund, because its losses mean that if they allow investors to withdraw their money, they will have to start selling assets, thus realise those losses. And it's not alone as a second fund did the same after them. Just waiting for an institutional investor in these funds, who can't wait to insist on getting their money out, and the game's up.
I must admit that watching your videos is a kinda therapy, it reminds me that logic, factuality and common sense are not dead. I feel better after each video 😅 Thanks Patrick ! 🙏🏼 😊
Agreed. He's also probably the only person who can sell me on his sponsors, I'm sure he could make more money advertising other products or services, but he seems to allow only things which are not crap, and I like non crap stuff.
I actually teared up a bit when I realised just how much Patrick sacrifices for us, not just torturing his eardrums with horrendous music but also actually reading Logan Paul's drivel uhm I mean white paper.. Such dedication, such bravery!?
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Hey Patrick, please make a video series on Hindelburg Research's huge allegation on Adani Group of India (The empire of the richest man in Asia). It is a story worth many eyeballs and a ton to learn from. It will be hugely appreciated if you make a video on this. This story is very big and it Involves India and the largest conglomerate of India.
Anytime, I see someone in a suit, I always picture them in a dirty t-shirt and cutoff jean shorts, saying the same things. If it still makes sense, then I trust them! If they look and sound like a joke, I dont!
Never thought them humour would become the main driver for me watching the videos but here we are. Great job as always Mr Boyle and thank you for the content
Patrick: "I can never forgive someone for introducing me to this horrific music." Also, Patrick: "...this is Razzlekhan...." Also, Also, Patrick: "...let me link the video where I unleashed Razzlekhan's "art" on my audience in the video where I complain about HMW doing that to me." Next level irony. Chef's kiss. 🤣🤣🤣
Patrick, I thought Jedward were the 9th circle of musical hell, I was wrong, they're only the 8th. I just tabbed out and found the Twinkletoes Brothers butchering 'Don't Stop Believing'. The wailing one seemed to be somewhere in the key of Z sharp, while the nervous string fumbling one only managed to find Y flat. He attempted a solo, but ended up staring down at his fingers with a mix of disappointment and fear like an octogenarian bedding a 25 year old model who just realised he'd forgotten to take his Viagra. This is without doubt the 9th circle of musical hell, is there anywhere they could be extradited to that would make them pay for their crimes?
Alot of time has been spent exposing the bad advice and scams coming from internet financial influencers, but Patrick is the only one exposing the real rotten underbelly of this industry: how widespread the poor musical taste is.
Patrick is undefeated in the art of subtle insulting. I lost it with Twinkletoe Twins, Logan Paul, a children entertainer, Vanilla Ice memes. Pure savagery with class.
Love the subtle and not so subtle digs, and the masterful use of sarcasm. "Cameron Winklevoss (one of the Winklevoss') announced on their Corporate communications platform, Twitter...." made me smile for hours after I heard it. Keep up the good work.
Hey Patrick. Love your videos. Just rewatched your video with Coffeezilla, and remembered all the books you recommended. I plan on reading each and every one of those by the end of this year. Cheers from Miami
I love this channel! The monotone comedy is amazing! You provide amazing information provided in such a detailed and intelligent manner with no time wasted. All delivered with amazing humor, love this channel!
It really isn't difficult to explain. Owning the nft gets you into a digital club where further benefits are offered. No different from any other club except that the membership token is an nft. The club membership is traceable to you and publicly visible. What's more, the nft is fully owned by you and you do not need anyone's permission to sell it. If you think intelligent people will struggle with this, then I question your view of the world in general.
@@theashenfox The issue isn’t explaining what NFT’s are. It’s determining how they can be classified under current US law. Is an NFT a security? Which department of the federal government would be responsible for blockchain disputes? Has the congress said anything? Who owns the copyright of an image associated with an NFT when not specified? Etc. The vast majority of work done by the Supreme Court isn’t for groundbreaking cases where they make laws up on the spot: it’s tax laws and minute details of laws passed by the congress that almost no one has read. My point was that if a case about NFT’s went to the court it would be a shitshow because there’s NO place to even begin. Not that people are stupid and don’t know what an NFT is by itself. And NFT’s are more complicated because people can make multiple wallets and conceal their identities. It’s only public if you want it to be or if you’re sloppy. Not all exchanges have KYC regulations too. If you think you can question someone’s entire world view from one issue in a RUclips comment then I question if you’re allowed near anything sharper than a crayon.
@@theashenfox Its gonna the infrastructure to get adopted before average people get it. Like replace ticketmaster with an nft ticket offering company and sign musicians and then get to movies or nfl somehow
Isn't an NFT just a certificate of ownership? People should still be doing due diligence that the underlying asset is actually worth something. That seems to be the key issue: stupid people losing money doing stupid investments.
Thank you for clarifying that the specific Winklevoss you were mentioning was in fact one of the Winklevoss twins. With twins, the clarity is helpful...
Oh I always look forward to your videos Patrick, extremally informative, well researched and the dry humor makes it a great watch! Thanks for all you do!
A picture of Genesis AND Lester Bangs, brilliant. My dad got a phone call from Tony Banks once, and Lester Bangs used to live near us when he worked for Creem magazine, and lived in Michigan, so I feel special.
Ya know, I wish this vid was at least an hour long - your fun to listen to and always informative. Hopefully there will be a part 2-10 or something? Thank you sir for another great vid. PLEASE, PLEASE post more often?
Thanks Patrick, very informative video as always. I am probably too old fashioned but that seems like good old rehypothecation to me. What gave them the idea that they could do essentially the same thing just without the same level of regulation?
Patrick..You really need to provide a warning prior to showing the Winklevoss twins as Vanilla Ice. I now need to pick hamburger out of my keyboard. OMG..that was funny. 🤣
7:45 "wears a wallet chain on stage, which is quite surprising for someone who believes in different forms of money". This will be one of most defining moments of the crypto scam. I love your humor, becuase it's true
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Please share your views on Hindenburg report v/s Adani group
You'll rue the day when CryptoZoo enters the metaverse, Patrick....
YOU'LL RUE THE DAY!!!
A video on Adani group?
You side too much with excessive government power and weilding their axe. Yea they're meant to protect, but most times they just raise walls around the garden of their friends
Why isn't SEC suing Celsius and others
SEC: "You are dealing securities."
Gemini: "No, we are doing the opposite of that. As a crypto exchange, we are all about making money from insecurities."
🤣🤣
yeah from people with insecurities!
I thank you for that, good sir. 😂
I thought twitter was only good for democratic propaganda. Didn't realize it was where all the crypto companies notify their investors they lost all there money.
Haahhaah
Popping in early to compliment you on showing the same twin twice in your thumbnail, rather than using a pic of the both of them together 👍
I thought something hit the uncanny valley.
Must be one of the winkelvosses
I paid it no attention until reading this - that's absolutely hilarious
Well spotted! My attention to detail is faltering...
🤣
I'm willing to come to the table and talk again when you finally develop a good taste for music.
You told me that your favorite song is DJ D-Sol's Pink Panther Remix. That is wholly unacceptable!
@@PBoyle That revelation! 🤣 I... I can't! 🤣🤣🤣😂🤣😂
Can't go wrong with...... ruclips.net/video/Ubv6ZpRP-KM/видео.html
You should’ve had a stronger disclaimer before you sent us to see the twins band
@HowMoneyWorks is to blame for that!
The band name is a sufficiently strong disclaimer.
@patrickboyle I've already filed a complain to the fcc
It is like they intentionally want to induce seizures.
@@farouqAliyu Asset seizures.
Patrick is so dedicated, he broke into a community college's conference room to make this video.
Lmao!
Lmao That's why I love his attitude and videos. Big fan
i had a tie like that.
january 1976.
@@luiul1 I'd explain to you that fashion trends are often recycled every few decades but you don't seem like the type who is capable of listening
@@juliekring7574 calm down it was just a joke
"like Al Capone, it's not the worst thing they've done"
That landed so well hahaha
The real crime here is that this channel doesn't have over 1mil subs. Thanks for the video!
This is like the only music commentary channel with this level of finance analysis.
Indeed.
I am very tired and had to think about this comment
What I don't understand is how they can both refuse to pay the promised rate of return and refuse to return the money. Those two things usually are almost the definition of insolvency and bankruptcy.
I don't understand why anyone would want to borrow a bitcoin anyway, other than for speculation. In that case you might as well put it on the 2:30 at Newmarket.
They can't, that's the point.
@@himoffthequakeroatbox4320 Some of the companies involved were doing cyclic lending to themselves. Three arrows specialized in that. Every dirty or illegal thing in the normal banking system, they were doing with bitcoin borrowing.
Don't be surprised. BlackRock just gated it's real estate fund, because its losses mean that if they allow investors to withdraw their money, they will have to start selling assets, thus realise those losses. And it's not alone as a second fund did the same after them. Just waiting for an institutional investor in these funds, who can't wait to insist on getting their money out, and the game's up.
@@Grauenwolf how smart. It won't even affect your credit score lmao.
"maybe lawyers dont accept their tokens" had me in stitches
I love Patrick's sense of humor and of course, the delivery 😂😂😂😂
deadpan done subtly and brilliantly on-point
Twinkletoast 😂
I must admit that watching your videos is a kinda therapy, it reminds me that logic, factuality and common sense are not dead. I feel better after each video 😅 Thanks Patrick ! 🙏🏼 😊
its actually really boring, his voice and persona is terrible
And he's hilarious.
@@deanjones1299 Totaly ! 😉👍🏻
Agreed. He's also probably the only person who can sell me on his sponsors, I'm sure he could make more money advertising other products or services, but he seems to allow only things which are not crap, and I like non crap stuff.
I love your sense of humour, Patrick. Thank you for making these.♥
“Tyler Winklevoss, one of the Winklevoss’s” 😂
I actually teared up a bit when I realised just how much Patrick sacrifices for us, not just torturing his eardrums with horrendous music but also actually reading Logan Paul's drivel uhm I mean white paper..
Such dedication, such bravery!?
I believe the accepted collective moniker is "Winklevii"
I was about to type this exact comment
I always thought it's "Winklewusses".
@@CallieMasters5000 Winklewanker I believe.
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Letterman, maRiano polidoRi, Stephan Prinz, Gary Yrag, Mattia Midali, Matthew Berry, Ann Williams, Jay T, Gabor, Florian Haas, Shivendra Saklani, Zachary Tu, Jeffrey, Lane Alan Deyoe, Chett Flynn Jonathan Horn, Mo Herbert, Lane Andrews, Justin Thuet, Olaf Thiele, Ivan Ilaev, Todd Gross, Douglas Caldwell, Wade Hobbs, Volodymyr Palii, James Hoctor, Gavotti SGP, Ryne Davis, Jean-Philippe Lemoussu, Keanu Thierolf, Muhammad, Michael Chow, Stefan Alexander, Miroslav Ognyanov, Scott Guthery, Vanya Davidenko, Arto Karhu, James Bache, Jason Harner, Dale Patch, Stefan Penner, Mischa Trunz, Arvid, Eric, Jonathan Metter, Junhong Low, John Way, Maria Baker, Luke Solomon, Sharath Vulupala, Keith Elkin, Chris Nicholl, Luis Carmona, Vinci Chan, Olivier, Yasha, James Yoh, Eduardo Martinez, Adi Blue, Swain Gant, georgejr, hyeora, old gambling art bag, Boussaken, Lukas Braszus, Vik, Chris Albertson, Sprite_tm, matt f, Douglas Caldwell, Adgn, Ronald London, Chris Rock, Tuan Nguyen Minh, Daniel Baak, Jeremy King, Julien Debache, M1, Dougald Middleton, Tom, Diarmuid Kelly, Subodh Kafle, Gregory Mahoney, Angelo Rauseo, Kirsten Banuelos, Ryne Davis, Era, Anne Molphy, Ekaterina Lukyanets, Alfred, sugarfrosted, Okkie, rswaggs, Larry, Sarah, miilo, EatEmAll, Alexandre GUYAMIER-CROISSANT, Alex C, Henk S, Noel Kurth, John Tran, Daniel Soderberg, Daniel Ralea, Steve Crotti, Shaun Deanesh, DaFlesh,Nathan McIntosh, Dominique Buri, B P, Manmeet Sheera, Stephen Walker, Richard Stagg, Bo Grünberger, Justin Sublette, Glasphemy, Zackk, R, Omega Universas, Paul Twilley, 인기 김, Dennis Arthur Rose, Louis Görtz, Robert Stewart, Arjun K.S, josef strand, Simon Crosby, Alex Do, Minnah seoh, Ljube Boskovski, Bertrand Barroux, Jacob Snedaker, Edgar De Sola, Izidor Vetrih, WhiskeyTuesday, Vic Tan, Compuart, Felix Goroncy, Nick Top, Anita Mui, C.J. 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Hey Patrick, please make a video series on Hindelburg Research's huge allegation on Adani Group of India (The empire of the richest man in Asia). It is a story worth many eyeballs and a ton to learn from.
It will be hugely appreciated if you make a video on this. This story is very big and it Involves India and the largest conglomerate of India.
Anytime, I see someone in a suit, I always picture them in a dirty t-shirt and cutoff jean shorts, saying the same things. If it still makes sense, then I trust them! If they look and sound like a joke, I dont!
I come for the knowledge . I stay for the humour.
I’m not even into finance like that. I watch these videos exclusively for the deadpan humor 😂
Logan should definitely get sued by SEC and make all "investors" whole. SEC should crack down on all of these scams
How can you nail the comedy with a straight face? "Twinkletoes" brothers 💀
You created the genre of financial comedy 😍
Never thought them humour would become the main driver for me watching the videos but here we are.
Great job as always Mr Boyle and thank you for the content
Patrick: "I can never forgive someone for introducing me to this horrific music."
Also, Patrick: "...this is Razzlekhan...."
Also, Also, Patrick: "...let me link the video where I unleashed Razzlekhan's "art" on my audience in the video where I complain about HMW doing that to me."
Next level irony. Chef's kiss. 🤣🤣🤣
Patrick, I thought Jedward were the 9th circle of musical hell, I was wrong, they're only the 8th. I just tabbed out and found the Twinkletoes Brothers butchering 'Don't Stop Believing'. The wailing one seemed to be somewhere in the key of Z sharp, while the nervous string fumbling one only managed to find Y flat. He attempted a solo, but ended up staring down at his fingers with a mix of disappointment and fear like an octogenarian bedding a 25 year old model who just realised he'd forgotten to take his Viagra. This is without doubt the 9th circle of musical hell, is there anywhere they could be extradited to that would make them pay for their crimes?
7:30 "twinkle toes" - I KNEW it would be there, somewhere!
Alot of time has been spent exposing the bad advice and scams coming from internet financial influencers, but Patrick is the only one exposing the real rotten underbelly of this industry: how widespread the poor musical taste is.
Patrick is undefeated in the art of subtle insulting. I lost it with Twinkletoe Twins, Logan Paul, a children entertainer, Vanilla Ice memes. Pure savagery with class.
Patrick's editing is always on point.
yup. i'm a recent sub and I'm amazed that a talking head on finance could be so engaging, but he cracked the code.
I loved the "coffeezilla" South Park clip
I had to pause at 9 seconds in and laugh uncotnrollably for a minute or so, before I got any further. That's a new record. Kudos Patrick
The Invisible Touch, as described by Adam Smith
My moment came at 12.10, I had to put the coffee down and clean up
Thanks again for the detailed breakdown of current financial affairs.
Maybe it was a "block-chain" on Winklevoss' wallet on stage . . .
Maybe something similar - a Prince Albert?
booooo! Take my Like and be about your business, good sir! 🤣🤣🤣🤣🤣
Ba dum tiss!
absolute class , he is a rockstar in making sure there are layers to the sarcastic remarks.
I appreciate the effort you put in all your work !!
As always you provide absolutely fantastic reporting on the facts in the story masterfully intertwined with devastatingly witty humor.
Thanks for all of your great videos, Patrick!
Love the subtle and not so subtle digs, and the masterful use of sarcasm. "Cameron Winklevoss (one of the Winklevoss') announced on their Corporate communications platform, Twitter...." made me smile for hours after I heard it. Keep up the good work.
lmao, Phil Collins and crew popping up was a chuckle
well .. at least he didn't show the first page from the book of mythology "Genesis"
Can't get enough of Patrick's analyses.
The subtle snapshots of Vanilla Ice are gold. Patrick in rare form.
Hey Patrick. Love your videos. Just rewatched your video with Coffeezilla, and remembered all the books you recommended. I plan on reading each and every one of those by the end of this year. Cheers from Miami
You’re doing a terrible job of convincing us this isn’t a comedy channel. Brilliant!
one of the few channels when you keep watching until you find out it was a 15+ minutes video. Thank you Mr Patric for such a quality !!
Splendid as always, love your humor Mr. Boyle!
That wallet chain comment well bloody excellent sir. Well done 😉
Never fully trust twins, they allways have an alibi.
and one of them is always called "TODDI"
Thanks Patrick. excellent, informative, well researched information delivered with a brilliant sense of humour.
Patrick wins again. I learned, and I certainly laughed. 10/10
One of the best examples of your hilarious one-liners! Get a comedy agent and go on tour to do stand up!
I come here to be informed but you never fail to entertain.
Twinkletoes twins RFLMAO
I love this channel! The monotone comedy is amazing! You provide amazing information provided in such a detailed and intelligent manner with no time wasted. All delivered with amazing humor, love this channel!
I really hope I get to see an NFT case get to the Supreme Court. Just imagine the justices listening to someone explaining the Bored Apes.
Imagine if they rule that NFTs are scams and then you can edit the Wiki Page to state just that 😅😂
It really isn't difficult to explain. Owning the nft gets you into a digital club where further benefits are offered. No different from any other club except that the membership token is an nft. The club membership is traceable to you and publicly visible. What's more, the nft is fully owned by you and you do not need anyone's permission to sell it. If you think intelligent people will struggle with this, then I question your view of the world in general.
@@theashenfox The issue isn’t explaining what NFT’s are. It’s determining how they can be classified under current US law.
Is an NFT a security? Which department of the federal government would be responsible for blockchain disputes? Has the congress said anything? Who owns the copyright of an image associated with an NFT when not specified? Etc.
The vast majority of work done by the Supreme Court isn’t for groundbreaking cases where they make laws up on the spot: it’s tax laws and minute details of laws passed by the congress that almost no one has read. My point was that if a case about NFT’s went to the court it would be a shitshow because there’s NO place to even begin. Not that people are stupid and don’t know what an NFT is by itself.
And NFT’s are more complicated because people can make multiple wallets and conceal their identities. It’s only public if you want it to be or if you’re sloppy. Not all exchanges have KYC regulations too. If you think you can question someone’s entire world view from one issue in a RUclips comment then I question if you’re allowed near anything sharper than a crayon.
@@theashenfox Its gonna the infrastructure to get adopted before average people get it. Like replace ticketmaster with an nft ticket offering company and sign musicians and then get to movies or nfl somehow
Isn't an NFT just a certificate of ownership? People should still be doing due diligence that the underlying asset is actually worth something. That seems to be the key issue: stupid people losing money doing stupid investments.
3:37 I love Boyle digging deep into elementary school archives and finding a school picture of Brian Armstrong!
I think you're terrific , Patrick . Just absolutely terrific !
Yours is the best content on the net. Truly educational and blisteringly funny. Love it
I did not listen to the warning not to listen to the Winklevoss Twins' cover band, I regret this very much.
Thank you for clarifying that the specific Winklevoss you were mentioning was in fact one of the Winklevoss twins. With twins, the clarity is helpful...
Watching the Winklevoss twins do a cover of rage against machines "Killing in the Name Of" was something I didn't know that was missing in my life.
Great content Man, god bless you !
What a world! I can't believe we live in a time where Vanilla Ice and Genesis are collaborating on projects together.
thank you for listening. the lighting looks really good now. very crisp... loved the video.
Lmao@vanilla winklevoss! 😂 Another well put together, informative and humorous video, Patrick
This is my favorite comedy channel on RUclips!
Your humour, cracks me up...your content is very informative...thank you..
Oh I always look forward to your videos Patrick, extremally informative, well researched and the dry humor makes it a great watch! Thanks for all you do!
I love the Vanilla Ices as the Winklevii.
Btw, I love your insights and information
Hot water? Worse, they got Boyled.
Underrated comment.
A picture of Genesis AND Lester Bangs, brilliant. My dad got a phone call from Tony Banks once, and Lester Bangs used to live near us when he worked for Creem magazine, and lived in Michigan, so I feel special.
Informative, pithy, hilarious and fun. Patrick you are a legend!
And here I was thinking that for over a decade that I was the only one who called them the Twinkletoes brothers :)
I don't understand that inside joke with the vanilla ice, but since most people now don't even know what the "ice, ice baby" is I can't complain much.
That's because his real name is Robert Van Winkle. Patrick in one of his earlier videos said that Vanilla Ice was the third Winklevoss twin.
Patrick! So excited! A new video. No one like you! Keep it coming!
Looking spiffy Patrick!
I would love to see a collab between you and coffeezilla talking about crypto!
Had to rewind the intro for a good chuckle
The role of the financial media and journalists should also be mentioned. Ir is like feeding frenzy of vultures. Trust is important
This video is a brillant work of art
Imagine crime families and mafia who lost money, dinkleboys better have enough to pay the tough boys
This is so much fun. Please continue.
The Twinkletoes brothers ... I see what you did there 😂
The use of vanilla ice in this video is just sooo gooodX)X)X)
I remember from the Social film that they're used to being in water so I guess shouldn't be an issue.
All the best.
Ya know, I wish this vid was at least an hour long - your fun to listen to and always informative. Hopefully there will be a part 2-10 or something? Thank you sir for another great vid. PLEASE, PLEASE post more often?
just play it in a loop ...
Wickedly funny. Well done, comrade.
There are no gurus, only cycles. And we are in a cycle of many fraudes.
Just randomly throwing Vanilla Ice (Mr. Van Winkel) in there instead of Winklevoss twins 80% of the time 😂😂
You crack me up so much. I am so happy you showed up in my algorithm.
Humour so dry that after watching it I need a drink! 👍
The depictions of Vanilla Ice in place of the Twinkle Toe brothers had me rolling 🤣🤣🤣
Funny how it's run since 2020 and Gensler only steps in once it fails......run all these scammers to zero.
Best comment award to this Poster.
12:34 "RUclips children's entertainer Logan Paul" LOL!
Nothing to laugh here, it's just a statement of facts.
Thanks Patrick, very informative video as always.
I am probably too old fashioned but that seems like good old rehypothecation to me. What gave them the idea that they could do essentially the same thing just without the same level of regulation?
Obviously regulators have been sleeping.
Thanks for the video Patrick. It was as informative as it was entertaining.
There’s not enough dry humour on RUclips ❤
Comedy gold, financial information AND music reviews, you are spoiling us Patrick
Maybe the SEC doesn’t know about Logan Paul. Someone with credibility should tell them.
That's has been his secret... no one old enough to know about the SEC has heard about Logan Paul and no children who watch him know about the SEC. 🤣
Thanks for all the great content.
Patrick..You really need to provide a warning prior to showing the Winklevoss twins as Vanilla Ice. I now need to pick hamburger out of my keyboard. OMG..that was funny. 🤣
The Winklevoss twins sounds like they are about to team up with the Scooby Doo gang.
7:45 "wears a wallet chain on stage, which is quite surprising for someone who believes in different forms of money".
This will be one of most defining moments of the crypto scam. I love your humor, becuase it's true
Holy sh*t! I did not expect the vicious humor. The wallet chain threw me too. Brilliant. Just subscribed.