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2,520,111 Views • Mar 19, 2022 • Click to toggle off description
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In today’s video I’m looking into all the hype surrounding Web3, blockchain technology, NFTs, and trying to work out WHY this is all happening. The Folding Ideas video ‘Line Goes Up’ came out as I was researching this, and I found that even though we had come to the same conclusion on many aspects of this, I actually came to a different conclusion as to why I think this is all happening - and it’s much more dystopian than most people think. This technology is dangerous and could ruin people’s lives in more ways than just losing out on their investments when the bubble deflates or pops. I have found that many people on the left don’t like this technology but they’re not quite sure why - so my video focusses more on how Bitcoin in particular has strong ties to far-right extremism which was birthed out of the Great Depression in the 1930s, and how the extremely libertarian & conservative Ethereum founder, Peter Thiel, wants to harvest data for the purposes of governing society with rigid code, and he’s getting Jordan Peterson to help.
Sources: docs.google.com/document/d/1UmDHOuc7BpHUeTu8BEnb_-…
0:00 Intro
6:41 NFTs
12:17 Gary Vee's NFTs
18:16 Celebrity NFTs
19:22 Play-to-earn NFTs
23:02 NFT marketing works exactly like MLMs
26:08 Influencers and Poocoins, Securities Fraud
36:53 Cryptoland
41:22 Web2 vs Web3
43:43 Banking the Unbanked
47:12 Is it secure?
52:10 Sending money internationally?
54:39 bUt tHe FeD pRiNtS mOnEy
1:02:05 The Superbowl Crypto ads & the "Early days" argument
1:06:37 Bitcoin: The Gold Standard & Right-Wing Extremism
1:18:27 Ethereum: Peter Thiel wants your data to build a Libertarian utopia
1:33:29 Is this a bubble?
1:38:29 My Man's a Hexagon
Views : 2,520,111
Genre: Comedy
Date of upload: Mar 19, 2022 ^^
Rating : 4.793 (5,894/108,144 LTDR)
RYD date created : 2024-05-02T20:47:05.067515Z
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YouTube Comments - 13,709 Comments
Top Comments of this video!! :3
Humanity is astonishingly good at coming up with ways to kill itself
4K |
NFTs and the related paraphernalia are like the masculine version of MLM grifts. It’s insane. The community around it is so aggressive, delusional and toxic.
281 |
Why didn't this go viral? It's some of the best content I've seen on Youtube in the last 10 years.
90 |
I don’t know loads about Gary Vee but what I do know doesn’t make me think “yeah, I need to check out this guy’s seafood restaurant”.
845 |
Liberterians building a city in the middle of the ocean to escape government regulation is literally the plot of Bioshock LOL
19K |
Oh gods that Web 1.0 recap made me feel so old.
36 |
The absolute passion in this video and the unabashed disdain for Web3.0 and everything related to it is genuinely inspirational and I adore it
142 |
It did occur to me that anyone shilling for metaverse have never played or ever been in second life or VR chat. 5% people talking 5% fetish porn and 90% trolling and fucking around
865 |
I know logically that you must have taken breaks, but the sheer feeling of pure, unadulterated rage and contempt nonstop for over an hour and a half is honestly impressive. Subscribed.
3.2K |
Always comforting that tech bros want to create Roko’s Basilisk
90 |
56:06: Something about a rich Libertarian wearing rare pokemon cards in his hat, pokemon-side-in so nobody can even see that it's a rare one, is just so absurd. I love how dumb it is.
13 |
"The only real scarcity at play here is attention"
Just commenting this here so I can remember but that's a fucking great line.
1.3K |
I once met a silicon valley guy who genuinely thought web3 would solve all the problems in the world. Except we already have solutions for all of that but refuse to implement them...it's not a tech or innovation problem, it's always a policy problem
1.8K |
your access to vocabulary, and innate ability to present information with such a sharp sense of humor, is incredible! thank you for all the work you put into this. big fan!
37 |
The fact that the entire internet hates Web3.0 lets me sleep at night.
438 |
"everyone in the discord is a bot or showing signs of extreme cognitive impairment so that's a great sign"
God, I love this woman
4.7K |
As an old person I've got to say that videos like this give me hope because the person who made it reflects the best of today's youth and they are our future. Genuinely a tour de force production.
1.8K |
rewatching after twitter removes NFT pfps, delicious
24 |
@stephentaylor356
1 year ago
"those of you who don't have back problems might not remember web 1..." Ouch...that hurts. Mostly in the lower back region, if I'm being honest.
466 |