So we got these cameras out here: the new breed of scammers trying to push coins. I got 15 dms per day, suggesting me money to promote coins and i'm sure other youtubers get the same offers and i'm sure certain youtubers do take up on these offers, because it's a lot of money and yet there's nothing. No word from the sec, no war from the fcc, no word from any c at this point, i would just give it the fcc somebody do something about it. This can be.
I mean we have this wild wild west jungle, where these coins only exist because other people promote them. If they take away the promotion from these coins, they're worthless. The only reason they're worth something is because they hype these youtubers and social media influencers hate these guys create. It is what it is put some prison terms, put some people in prison people who do that, put them in prison for a few years.
I guarantee you there's not going to be any more coin promoters on the internet. Put people in prison where's the sec. Put some charges on these. These people out here on youtube.
Promoting this 15 16 17 year old kids buy that because they think it's a legit investment lose all their money. They prey on the elderly they play on the week they play. They pray on the on the kids, people who are in financial trouble and need a way to get out. They prey on the people in their weakest spot.
They're scammers, they're garbage they're, pretty much the juice that drips from the garbage bag at the bottom. Before you throw it out, this is literally what i think of these people, but this is another video about them. This is a video about the regulators. Now the regulars have one job.
The only thing they do literally is just regulate. Watch out for people like that, and yet it's been a year of this garbage and no word from any authority talking about this. It's like they don't give a because the people who lose are the weak people like they don't give a that. The people who, because you know who loses on these kids, elderly people in financial trouble, it's like the whole squid game - thing right, people nobody gives a about.
I bet you. If some rich dude would have lost a out of money in one of those crypto scams, they would have done something about it, but they won't. So you know at this point i feel like we have to raise a voice. We have to raise awareness to this.
I'm going to do a video, i hope other people do a video. I hope we share this and you know get it out there. The only way they're going to move their ass and actually do some legislation is, if we push them to and the only way to do that is right away. Raid awareness rate awareness, you know what it raid awareness raid awareness, that's the great awareness.
Just you know share it: let's try to get our voice going, because this is just ridiculous. I'm not going to accept this anymore. It's a reality. I'm going to wake up every day to 15 new scams in my inbox, trying to scam people out their money. I'm done i'm going to do something about it and i hope you too peace.
By Stock Chat
where the coffee is hot and so is the chat
I agree completely Tom, but how does the SEC justify banning some cryptos and not others?? It’s all about perceived value isn’t it, since the bulk, if not all crypto’s lack utility. This is one of a number of reasons why I stay away from crypto’s.
Seriously time the best way to do something about it it’s called him out on their bullshit! Every single week!
It's a lottery ticket at best. Only throw away the money you can afford to lose. Consider the money invested as lost the moment you hand it over.
I appreciate the warning Tom. I love listening to you and I thank you truly for the truth that you share for us.
I do want to say though that I think it is a very dangerous situation if the government puts people in jail for these types of ($hit) investments. The reason for avoiding arrests is because we don't want the government to classify what THEY THINK are poor investments. Citizens should always be careful where they place their money and their hope. These crap coins wouldn't moon if people would stop putting their money into it and I understand that is your point, that the original coiner's peddling them are fooling people. I think the best way is to let the capitalist market play out and the coins that truly are junk will ultimately fail and die away. Education like what you provide is the best way.
Anytime we depend on government oversight to keep us safe we lose more rights that we may not get back.
You are so right, Tom. If we can prevent those people from getting scammed, they'll have the money to FOMO into our legitimate bags at a much higher top 🤝
You just described why the SEC would not and will not intervene… "They prey on the kids, they prey on the weak…", you know as well as I do that the SEC only reacts if you say 420.
Hey Tom I love your Content, great Job. One question, what is the difference between signing up to your Account on patreon and/or on Youtube? Greetings from Germany, Sven
btc was the OG $hitcoin and it gained respect , so who knows there may not be any sh**coin .
Tom, there are LOT of people that need to be in jail, spammers, politicians, generally thieves!
There are tooooooo many shitcoins and a lot of vulnerable and gullible people are falling for it.
Tom what happened to the Intel video? Also, I got myself a Nyet shirt. I thought it was legit. 🙂
Yes, totally agree. In other side, some YouTuber just take money and review products they never use.
How it should've went
"Raide awareness , just like in Raide shadow legends " it should have transitioned into a Raide shadow legends AD
This platform and the finance community as a whole is so lucky to have a guy like Tom.
He could easily sit back and dish out videos videos on a normal schedule and leave it at that, but no. Tom looks out for those less knowledgeable and more vulnerable, he seeks to teach and to inform viewers and individual investors.
Thank you for not only being an excellent source of information, but a beacon of transparency and authenticity in a niche where it’s all too easy to profit by nefarious means.
You're a good man, Tom Nash. Stick to your values and keep up the good fight. Thanks for proving that at least someone still has morals.
Way to go Tom! Please call these guys out by name. It deserves to be exposed!!!!
Same thing on FB and INSTA
All I see it’s advertising for some bogus couins and fake news articles … that should be illegal…
Tom you are the man! Thank you. I always had a lot of respect for you. This just proves my point.
Mining stocks do the same thing. It's pretty obvious when some mining company you have never heard of is suddenly being pumped by multiple channels,
So paying hard working minimum wage, no benefits, part time hours, no pay during the holidays is legit? You can't see the frowns on the jugglers and clowns when they do tricks for you.
As a seasoned boomer who lived through multiple scams and crashes, I can say with certainty that 99% of all cryptos will go to zero.
I support Tom on the push to make regulators to start looking at these shitcoins and start bringing awareness about these scams.
When GameStop Reddit attack on short interest hedge funds, right away you heard stories that the regulators were looking to step in. They'll never regulate $#!T coins.
Man I like you, I like you even more when you get pissed off. We need more people like you.
My financial friend Sam needs put in jail and sued. What a pumper. Today another paid video on some coin. All week earn 10x 100x. On and on