![]() ![]() Their profits come from far more than just cryptocurrency earnings. ![]() Streaming from their cars and living rooms, these influencers often blur ethical lines, while existing in a professional gray area: somewhere between television host, Alt-Street pundit, stock analyst, and financial advisor. Well over halfway through the year, the cryptocurrency is still plateauing around that level - less than a third of its late 2021 peak.īut as the mainstream popularity of cryptocurrencies grows, an overnight generation of unconventional hype men are touting questionable advice to millions of people over social media, and increasingly, on traditional media. By spring, bitcoin plummeted to below $20,000. Unfortunately for his viewers on Fox and social media, Runefelt's predictions haven't yet borne out. ![]() It's very, very cool for me personally, because I want to push crypto mass adoption." "Bitcoin is king," Runefelt told a guest host on the show "The Claman Countdown." Afterward, he said to his 560,000 YouTube followers that "I'm so grateful I'm able to speak about crypto in mainstream media. Last December, the YouTuber Carl "The Moon" Runefelt appeared on Fox Business to make a lofty prediction.īitcoin had recently dropped from an all-time high of more than $60,000 to just under $50,000, but the former supermarket clerk turned cryptocurrency influencer from Sweden told viewers it would hit a staggering $300,000 by the end of 2022. Andrew Polestra, Sarang Noether, Vitalik Buterin, Peter Todd, Peter Wuille, even Dr Daniel Kim.By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept ourĮditor's Note: This story was originally published in August 2022. Maybe try to find some videos with actual cryptographers and devs. I'm sorry for not answering your question, but there's only one guy I like to listen to, but unfortunately I have to filter out a lot of his shillery, and I don't want to recommend him, even tho he's probably one of the smartest youtubers in the space. They'll just hear some fancy jazz talk and monkey parrot it back to their listeners who are also too lazy to engage at a higher level. If they were too dumb and/or lazy to get educated on the basics of the technology, then they were almost certainly too lazy to actually understand the implications of game theory, economics, market psychology, chain analysis, open source security protocols, or why first principles are crucial for the long term success of any project. This is basic level shit.Īnd if they don't know any of that, they basically have no business getting on some stupid channel pretending like they know a damn thing about crypto. They don't know what a nonce is or what function it serves. They couldn't walk you through asymmetric encryption or how to verify a piece of software you download. They don't actually know what a hash is or why it's important. So few people could even describe in their own words the working components of blockchain. In reality it's damn hard to find people putting out good content. None moreso than both maximalists, and shitcoiners with 17 different projects in their "portfolio." Then you have the traders who want to sell you courses. Problem is that most people make videos to shill their bags. They basically regurgitate what someone else feeds them. ![]()
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