I Exposed Crypto Scams in Hong Kong 🇭🇰 🤯
🔗 Teaser and full video below 👇 ⬇️
Please share this far and wide 😃
P.S — DON'T GET SCAMMED 🧡
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Replies (65)
Be honest, what do you think is a fair price per view of a video like this?
I think we will never pay fair price on nostr until we have the conversation.
“Maybe”
Hong Kong has always been Scam city. The sickest people there are dark tetrads who brag about how much they scammed others and were proud of it.
Now you know.
Finally.
i think i have to hold my hands up and say on this one i'm not a good arbiter of what is fair.
This video was unique in many ways.
I'm so so biased by my experience with creating this and the risk.
This video has actually been checked by lawyers (and i'm told that i still might get sued... fuck);
it will burn relationships with people in the space and might get me crypto-cancelled (lol but seriously but it isn't good for my relationship with cointelegraph, for example), there's a fair bit of skill in what i do to bring this video together as I should really have been thrown out of hte conference for being such a nuisance...
and then there was the cost of animation fees, editing fees, the months and months i spent working on it (i visited the conf in May)...
But i feel it's a necessary piece of work and something i can show to ANYONE who says "yo i'm thinking about this new crypto project, X".
The idea is that anyone can send it to a new crypto entrant to show what's behind the curtain.. and ideally they grok that bitcoin just isn't like that!
All this to say, i reckon a view should have a higher price than usual. So I would say, whatever people think is a fair, high price?
sorry i don't wanna squirm out the question, but high to me might be horribly high to some people and chump change to others.
hehe
Brilliant work
Maybe, and shut me down if this is personal, but if we reframe the question to "what would this video get per view on Youtube"?
Like is $5 per view a spit in the face?
This is the level of clown world we are currently at.... The possibility of getting sued by a scammer
It is interesting though, your point about the effort that goes into the video vs like a vlog maybe (yet somehow I imagine vlogs could end up making more money on nostr)
I think clients should suggest to people what things are worth, or maybe the author should be able to suggest.
It should still be up to the viewer to pay or choose their own price but it helps the market decide what is fair.
I wouldn't be surprised if a 5 buck zap yielded more 5 buck zaps while a 1 sat zap yields more tiny zaps and people don't consider "how much did I enjoy or appreciate this video", they just think, "oh wow, this was great and others have zapped about X so I'll zap Y."
Fantastic video Joe! This couldn't come at a better timing. I had convinced a young adult to buy bitcoin. Then he asked me to look into onyxcoin because the price was rising fast. As I was typing a large reply, I saw your video. After watching I immediately shared it. Great work from you and Giacomo!
Great, I‘m watching it right now🫡
no not at all, i was gonna suggest like 3,000 sats!thanks!!
Not gonna lie, there was a period when people were pushing for higher zaps, I set mine to 5,000 1,000 and 500.
After a while, even though I used 500 for small memes and stuff, I was seeing 1 sat and 21 sat zaps back and I ended up adding 21 and 50 to my list.
I also saw my ecash wallet balance going down and dropping a zero and got a little scared. Also the fiat value is rising.
I probably am a higher than average amount zapper but I want this to work in a meaningful way and I take into account that no advertiser is subsidising nostr, and others I share to are not gonna zap because they're not into all of this and they're not invested in seeing bitcoin succeed, they are, if anything focused on the price only.
I also find the idea of removing likes and only supporting zaps hilarious. It feels like memers who just want more zaps and I don't think it meaningfully improves the problem.
Sorry /rant.
Great video!! Love seeing #hongkong again cc @Leo @npub132w0...2j8n
lol
Joe you're a national treasure this is so good! Thank you.
Big Baller Barry! I think 21 sats is good for 'like' but then higher amounts are good when you really want to show appreciation. When you think about how much work Joe put in to this its worth more then a fraction of a penny. Its not a meme that someone rustled up, he actually had to tolerate all these shitcoiners.
What a cool work! Thank you for your contribution!
I would kill to be your stylist
No worries, @Joe Nakamoto Any legal issues, setup a funding on geyser and let the Bitcoin community support you in that 🫶
You started off dunking on ordinals then didn’t cover any ordinals project :D
brilliant video as always
Well there goes that.. (and yes, I’ll watch it on invidious later) 
changing vpn location and refreshing usually fixes this
Yeah I said there’s no need to coz the bubble already burst 🫡
I’m all ears! What can I do better?
You literally went to an Ordinals conference :D
Ordinals are much more alive than any of the shitcoin projects that you covered.
To be clear there are plenty of scams on Ordinals, (you can scam people with just about anything including Bitcoin itself) but would be curious to hear you debunking the protocol itself
I don’t mean it as a roast, I meant really, and that would depend more on your goals and overall strategy than my personal taste. but overall I would consider going for a more solid/sleek shirt to ensure the focus remains on your insights and content rather than the overwhelming visual distraction of a loud pattern (helps with conveying authority too, but that’s another thing). also I love the haircut, but the styling could be done more polished or intentionally to elevate the visual experience and the overall look.
Damn. Youtube going to the dogs as well
Damn, thanks. I mean I really like loud shirts. Good point: re the point getting lost in the visual distractions
there’s definitely a time and place for loud shirts :)
It’s not every video so I’m not sure what the deciding factor is
In May 2024… I decided to focus on crypto not ordinals coz i didkt think ordinals hype would continue. Fortunately it didn’t
Crypto is scam. Bitcoin is money.
I Exposed Crypto Scams in Hong Kong 🇭🇰 🤯
🔗 Teaser and full video below 👇 ⬇️
Please share this far and wide 😃
P.S — DON'T GET SCAMMED 🧡
View quoted note →
Watched it. Was good. Didn’t learn anything new. Would have liked to see you get combative with them a bit but I know ain’t everyone about that life. Followed your channel. Cheers.
When full video on NOSTR?
This is outstanding work!
I have good internet on Monday morning when home. Shall do it then sir
Thank you!
Need to conduct an interview with Eric Trump as an amendment to this 🤣
What an absolute scam they are conducting
If you wanna bring someone along that don’t mind trading hands….
Wait so the JamboPhone won’t save Africa ?
Great work Joe. Need this type of high production quality Bitcoin content in our space, you’re doing us all a great service 🫡
Hahahahhaa
Should've gone to Mar-a-Largo 🇺🇲
Im watching this with my son later tonight. Ima have him take notes hahaha like look you little fucker dont 🤣🤣🤣🤣🤣
I Exposed Crypto Scams in Hong Kong 🇭🇰 🤯
🔗 Teaser and full video below 👇 ⬇️
Please share this far and wide 😃
P.S — DON'T GET SCAMMED 🧡
View quoted note →
A good one Joe!
Fantastic video, thanks! I will be going to BitcoinAsia this year and I will be getting very combative with shitcoiners who show up.
I was living in Hong Kong through the ICO nonsense, FTX, BitMex etc... lot of scammy shit in this city.
“Pseudo technical mumbo jumbo” was spot on
Here is 5 tips to avoid getting scammed
/ verify , verify , verify ! Double check url and be weary of unsolicited dm offering crypto advice
/ if it sounds too good to be true ….then probably it’s not true , like offering high yield investment with no risk
/ protect your seeds phrase
/ add extra layer security
/enable 2FA
/ educate your self about crypto if you really want to deep dive .
That was a really good video.
I received my first silly threats and countless insults from some crypto boiz about this video
IT'S-WORKINGGGG.GIF
View quoted note →
Interesting.
I’m not making a comment about scam coins, but as a business founder, alt coins mirror identically how companies operate.
Pre-mine (founders shares) you don’t launch a company and give away all your stock to third parties or make it available to buy. The founders always keep control of their company even sometimes after IPO. Business founders can also use their stock as a currency to pay early employees or anybody supporting their company.
Forking, or pivoting in the business world. Many companies change their companies direction and operations.
Hard cap on coins. Shares can be issued via “rights issues” in companies. This is often referred to as a stock split.
Solutions, many companies exist, most copy other companies, only the really successful ones innovate, but their are many mid-tier successful companies that compete to provide existing services.
I explain this with no agenda, only to point out how the business world works and it’s similarity, probably intentional, to alt coins.
Finally, there are scams in the business world, but most startups are not.
Great work Joe!
Hey, nothing pivots more than a startup.
I’ve often seen this parallel with shitcoins—how they are like a business rather than being on par with the perfection of bitcoin.
It’s a feature not a bug that it is this way. A huge red flag 🚩 to me on shitcoins…but I can see how people who don’t understand bitcoin but who understand business would be intrigued by them. It seems legit to them.
That's not how stock splits work
Oh no, I've been doing it wrong since 1998 😂
Bitcoin is money and an asset.
Altcoins are company stock.
Eth is a token required to operate a global computer.
99% of altcoins are failing / failed projects or scams.
24% of companies fail within the first year.
60% of companies fail after 8 years.
I know nothing about eth. And I am ok with this.
Glad to see the shitcoins uphold only 1% 🤣
Well this is why the SEC is "after" them.
You can't issue securities with the SEC approval, also ICOs still happen and the such.
With IPOs it's actually regulated by the SEC, but it's also why most almost all commercial banks won't let you deposit or send to CEX or others. They will get nailed, not the actual coiners.
It may be slightly higher 😂
That’s generous! 🤣
I make no comment on the regulatory shenanigans 😂
Neither does the SEC yooooooooooooooo