This week we welcome to our family many thousands of new freshly-scammed bitcoiners — and remember, we laugh at you while remembering we’ve all been there. Junseth, Dante and Shaun ask — who among us wasn’t scammed by at least one crypto investment scheme that promised to return us more BTC than we put in? Anyone?
Also read: Junseth’s World Episode 25: HODL Throttle
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Bitconnect: Nope, Still Not Sorry for Your Loss
So as Junseth and crew continue failing to sympathize with the recently rekt Bitconneeeeeect investors, they ponder some of the wider issues: do all those YouTubers who pumped Bitconnect share any of the liability? And if so, how?
Do people even know what they’re getting into with bitcoin and cryptos? We live in a world where banks will simply eat up losses and give you your money back, no matter how stupid you were with your account. What if you deliberately and publicly gave out your login password, would they still do it? And in the end, it’s probably you and the merchants who end up paying for the fraud free-for-all.
Junseth looks in wonder at Lightning Network and Sidechains, asking if Bitcoiners are more technically skilled than those of a few years ago. Meanwhile, Dante is skeptical of Robinhood’s addition of easy investing for millennials in 16 cryptos, saying “I think this is really gonna suck.”
To hear all this and a few hours more, listen to Junseth’s World.
For the Uninitiated: WTF Is Junseth’s World?
Junseth (a.k.a. Joshua Unseth) and partner in podcasting Dante are Bitcoin’s Florida Men, and good company at dinner.
Apparently well known in the greater Miami area blockchain scene, the controversial media team embody that region’s unique approach to business. They’ve seen and done things for Bitcoin you probably never imagined … and some you wished you could un-imagine.
Somewhere in all of that, you actually get a good education and some surprisingly useful insights into the world of finance, trading, business and economics. Subscribe to the entire series on Soundcloud.
On top of his tireless Bitcoin advocacy, Junseth campaigns to close the gender salary gap in the world of modeling and to abolish attractive-people privilege across all industries.
Do you like Junseth’s World? What would you like us to look at next? Let us know in the comments.
Images via Pixabay, Jon Southurst