Why 99.99% of Crypto is a SCAM (Even on Bitcoin!)

If you want to learn how to avoid crypto scams, this video is for you.

In this investigative documentary, I expose the truth behind crypto scams and reveal how many so-called “decentralized” projects are anything but.

From interviewing project representatives in Hong Kong to uncovering the flaws in major cryptocurrencies like Ethereum and Solana, this video dives deep into the world of false promises, insider pre-mines, and centralized control.

I also explain how Bitcoin stands apart as a truly decentralized and trustless alternative.

A special thanks to Mr Wijers for the subtitles!!

Chapters:
0:00 Introduction: The “Get Rich Quick” Allure
1:01 Hello Hong Kong
1:40 What is a Scam Though? Meet Giacomo
2:18 Third Degree Scam (Theft)
3:05 Second Degree Scam (Almost Theft but Probably Fraud)
3:47 First Degree Scams
4:03 What is a Premine?
4:48 BitLayer’s VC Rounds
6:22 The Jambo Token Rounds
7:45 Decentralized Code: Can it Change?
8:36 Ethereum and Solana are NOT IMMUTABLE
9:37 Is the Project Genuinely Useful?
11:20 Ad Break
11:38 Why Do Emerging Markets Need Web3?
14:16 How Do Crypto Projects Market Themselves?
15:36 Would You Trust the Founders?
17:00 It’s Not All Fun and Games
18:14 What Happened to These Projects?
19:04 Conclusions

*Thank You for Watching!*

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•Videos You’ll Love•
🎥 He Sold EVERYTHING To Go OFF-GRID: https://youtu.be/V_PNiqIOjVA
🎥 Life on Britain’s Remote BITCOIN Island (NO CASH!): https://youtu.be/jHHpPu_YvX0
🎥 Germany’s $3 Billion Bitcoin Mistake: https://youtu.be/eGQ9VNIDBkY

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