New Rule: Crypto Mania! | Real Time with Bill Maher (HBO)
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- Опубліковано 29 кві 2021
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In his editorial New Rule, Bill explores the global cryptocurrency craze and the threat it poses to our economy and the environment.
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Can’t wait to watch this in 10 years
why? he already addressed how the market cap doesn't matter.
🚀🚀🚀🚀🚀
Or ten days...
For his sake, I hope it ages well. I hope I am alive to return here and say "how did it work out"?
@@kalalakapay just calculate your gains if you just put your first stimulus check into BTC. Ahhhh duuhhhh. 🙄
I promised to come back to this clip at least once a Quarter. This is starting to age like fine wine.
lmfao beat me to it!
Wait another 3-5 years. Remember who’s the people who always shitting on new tech.
@@teddymonadnock9724 Crypto isn't "new tech".
@@johnjames502 you don’t get crypto if you think it’s old. Most blockchain networks are still in development stages.
@@teddymonadnock9724 Crypto is not technology, it is dung. Hope you didn't buy any. Before you do buy, you need to rewatch this video and watch Warren Buffet's comments which are all over youtube.
"Cars are bad for the climate, but at least they take you somewhere. In Tiger Woods case, a tree." Omg I spit my drink 🤣
Meanwhile half of all the USD in existence were printed last year.
I swear man. All money only has the value that people put on it. It in and of itself it's worthless. It's all worthless
There is a huge difference, dollars are not being speculated on
@@chineseviruszombie773 there are literally markets for dollar speculators...
money is just made up to. Lets print some more!
difference is the USD is backed by the government
“I don’t understand it but let me explain to you why it’s bad”
He doesn't understand the appeal. He fully understands how it works.
It's just another ponzi scheme for doomsday lolbertarians.
Bill is clearly over his head. He literally blames bitcoin for the 2008 subprime mortgage crisis.... lol. Bitcoins publicly visible transaction log would have PREVENTED wall st from being able to repackage these useless loans derivatives that received an A rating.
Not what he said ... he said i don't get and neither do you and i'll explain why ....
Now if you do understand ... and have points to refute the objections the questions he raised .. please share :)
@@Shawnwick11 Um no, he didnt say that "lol"
@Sean Ryan Exactly, it seems some people just like to lie for meaningless UA-cam likes.
This is aging like fine wine.
Too soon. Come back in August 2025
I'll take that bet.
Definitely
no no divine milk is the Golden Ticket it comes from a bull rocket bottled in glass with a creamy top of delightfullness😮❤
@@mikev7355 too or bottoms😅
Returned to watch this after the fall of FTX.
UA-cam, please suggest this video to me again in a year. Carry on.
It will age so badly I downloaded it.
@@TheHeretic435 download why?
@@TheHeretic435
You mean because cryptos will still be here, or because they will suddenly acquire an intrinsic value.
The former is likely.
The latter will never happen.
@@TheHeretic435 lol that’s a good call. People are going to feel so stupid in the near future. To hate against bitcoin and crypto is seriously a detriment to humans.
Bill Maher is nearly 70. When you get past the hair dye, the Bosley implants and plastic surgery, He's literally nothing but a typical, kooky old man who hates everything he's not familiar with.
It just so happens he's also a trump hater, so the mainstream indulged him a little longer than it normally wold have. But rest assured. His days are numbered.
Came for the Monologue, stayed for the comments 🍿
But this isn't the _Monolouge..._
It's *New Rules.*
❤❤
If you're coming to Bill Maher's channel to watch his content you're doing it wrong. I come to enjoy the comment section as an old Boomer yells in the background telling me to get off his lawn
I came for CumRocket
@@samus598 C
LOVE IT! & YOU, BILL!!!
IT'S FINANCIAL "DISNEYLAND"
and, just before I die..
Hooooow appropriate!!!
😔🤗💚💤💤💤💤💤🇺🇸
Buying Bitcoin is the best gift you can give yourself at this point in time especially when you have a good trader
I have secured financial freedom by investing in bonds, equities, EFT's and some digital currencies
Mrs maria jones is legit and her method of trading works like magic shes one step ahead of other traders.
I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Maria Jones
I think that she is the best broker I ever seen
yes I'm also a living testimony of expert Mrs Maria
Not being sarcastic when I say this is Aging very well.
Hi Vic 👋How so?
Considering in 10 years Bitcoin went from $11 each to $17k each I'd say you have a bad memory for financial history.
@@nikone4129 28k today. Bill is bitter and so are 90% of these comments
@@HandleThiSS88 2 Days Later = $30k
50K today
You can just tell one of his close friends tried to get him in on bitcoin years ago and he passed
Meaning he didn't go broke buying something with negative value? Sounds like a compliment.
@@Turtleproof I bought 3 in 2016 for around $650 each. Current price $56,000 each. The interest I earn on those 3 only have paid me my initial investment back 3 fold. I'll take that 'broke' every time
@@jimmybacas8003 So many words to tout your imaginary money.
I keep my ear to the ground and people shilling this fraud has been reaching a fever pitch as it all collapses, the $50,000 [edit: DROP in one day] in fantasy value was just the start.
@@Turtleproof I'll see you later when the price hits $100,000 in December
And he is going to keep passing, either that or he is secretly buying.
“It is well that the public of the nation do not understand our banking and monetary system, for if they did,I fear there would be a revolution on our doorstep before tomorrow morning.” Henry Ford
So the solution to the bad economic system is an even worst one? With pump and dump schemes and ponzi schemes?
That thing gonna crash eventually.
@@therrydicule Everything you describe is also part of the conservative financial system. Crypto is just a potential for change.
@@therrydicule The stock and housing markets are going to crash in a big way within the next decade. But let's just ignore that.
The guy who was a notable antisemite and thought Jews were taking over the financial system.
Lol crypto is fraud... it's going to come crashing down on you why do you think they're financing the IRS? All of your internet data is screenshot by the FBI, nothing you do is impermanent or private. You are screwed.
Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy
She really made name for herself
Sometimes I wonder if she's used magic power trade
I've never heard or seen any of her clients complain of Lost....I think she's just too perfect
Hello, anyone there
Please how can I reach this Mrs Charlottes? I've already lost enough of money trading for myself
This comments section was hilarious last year. All these idiots with 50k+ averages yelling “have fun staying poor” and criticizing anyone not in the cult as not understanding the technology (of course, none of them understood it either). Now it’s 17k. Can it go higher in the future? Possibly. But everyone who went all in at the top last year and has been “buying the dip” with borrowed money down to 30k has already been wiped out.
Exactly
The Crypto hoax is toast, it’s in its last throes just the whales left illegally propping up the price pumping and dumping.
RIP Shitcoin. 😂
Why do you think billionaires are shitting on crypto currency? Because their wealth is tied to centralized banking, meaning power and control, over you. The entire point of crypto currency is to get away from government controlled centralized banking, no government or third parties controlling buying power. Tyrannical governments have happened many times throughout history and to deny that it could never happen here is exactly the mind set a tyrannical government wants you to have. Giving complete control to a government is reckless and completely insane. When a government tells you: “hey we love you, you can trust us, we are looking out for your best interests, by the way, we need to take your firearms too, that’s also for your protection,” trust me, they are not looking out for you.
Any person who toke a loan to buy a highly speculative currency without the capacity to paid, it is the one who shouldn't be in the market. Bitcoin is a 20 years investment.
And the tech related to ethereum blockchain the fundamentals of the new web.
They would only be wiped out, IF they sold there Bitcoin! As long as you dont sell on the way down, you are fine. Just wait for it to go back up to New All time highs and above like it has done every 4 year cycle for the past 13 years.
Also i will point out that the Stock market, including the S&P500 has fallen just as far down as Bitcoin. Along with the housing markets and everything else, so Im not really sure what point you are trying to make here...???
Guys, it confirmed. We are still early.
I love you.
BIG FACTS 💯
the crypto circle jerk begins ^
@@AdrianMark We have gone through this already since 2013, the only people jerking each other off are those who said "it's dead, party is over" in 2013 and didn't learn.
Yep this video was very reassuring. Thank you Bill Maher for keeping your followers stupid for us.
This is gonna age really well, or really bad.
Really bad. Really really really bad
its already gonna be quoted as "old people talk about things they don't understand"
Senile tier argument by Bill literally geniuses behind some of these blockchain tech that will revolutionise the economy in the future.
This is so embarrassing for him. He’s condemning something he knows nothing about.
The way i see it is.. it's another unregulated bubble... what happens when there's no regulations or rules for a bubble.. it grows, what happens when it grows too much?? who knows.. Kablooie!!
1 Trillion in loss,Bill was right
One of the first I saw that called it like it is.
How much did stocks, like the S&P 500 lose? Which has done better during the recession, stocks or Bitcoin?
@@nikone4129 Shouldn't bitcoin be, like a currency or smth? Used for buying and selling stuff, instead of waiting go up so you can get rich?
was he still right?🤣
"There is something inherently not credible about creating hundreds of billions in virtual wealth with nothing ever actually being accomplished and no actual product made or service rendered."- A wise man once said..
Someone should tell the fed
what's the difference in paper fiat currency that is backed by nothing and crypto currency backed by nothing? The fed can't print more crypto!
@@engineeringreality7878 You took words out of my keypad🤣
@@engineeringreality7878 So you made the argument for it. Because money is not neutral for the real economy, it has to be controlled somehow
@@canadapapers but no one really has money just invested in a fiat currency, they typically invest in stocks which are actual companies…..
I like how Bill openly admits that he doesn't understand it and everyone claps and they don't understand as well.
EXAAAAACTLY!!! Just a room full of seals clapping their flippers together for stinky fish. Literally, nothing he said was based or backed by any fact or statistic. All false numbers and incorrect comparisons.⁸
Oh come on, it's not like you understand it either
Except, the more you understand Bitcoin, the more you understand that it's not working. It only courts attention when it goes up in fiat value, which shows that people are using it to speculate to get more fiat. It's too volatile to be used as a currency and it doesn't have any utility.
Just think of cryptocurrency like its the stock market, except that 1.it does not need a product, 2.it does not need a service, 3.it relies solely on marketing it using disinformation and hype, 4.anyone can copycat or recreate it for example the same person can create one million copies of it under different names everyday and profit easily.
@@Shatter84 🤣🤣🤣🤣🙈
I think Elon Musk just saw this video.
Yep, came here to say the same :) and for that alone, Bill should be commended
Thought the same thing too.. yep.. looks like Bill Maher is watched by all the movers and shakers of society..
I think this is an excellent buying opportunity🥰
Elon will probably just move on to proof of stake based crypto which requires very little energy...
@@fahimp3 I don't think so.
I pray whoever reads this should become successful. keep l for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
You are right sir
But I don't know why people remain poor due ignorance
It's not ignorance but unprofessional broker in the market
Investing in crypto currency now is the best thing to do especially with the current rise in the market
people are really making a lot of money from it..
You’ve got to love Bill’s audience
They clap when bill says Bitcoin is a joke
They also enthusiastically clap when bill mentions Dogecoin.
It was hilarious how they went nuts for Doge, then they clap "WOHOOO" when he says crypto is a joke. Bill's audience tends to be the worst. They never know when to laugh cuz they always are either too woke-offended, don't get the joke, or are hypocrites.
@@DatingDilemmaBreakdown its probably fake
Because they know that Dogecoin is the biggest joke of all cryptos.
Right..
Bill Maher Studio Audience is the worst character in television history
you're right! Let's print some more money.
Yes, cash, the real monopoly money
Nothing wrong with printing money if you're familiar with modern monetary theory.
Lol for real. Bill is a big bank shill.
@@2LegHumanist mmt is bullshit to justify bullshit decisions
@@2LegHumanist Modern monetary theory only appears to work, because we're the fiat currency of the world. You keep printing money and the other countries will move to another standard. Once that happens to us, you'll understand just how stupid modern monetary theory is.
Modern Monetary Theory = Death by a Thousand Cuts.
“Easter bunny cartoon cash” idk man, sounds a lot like the US fiat dollar.
At least its backed by collateral aka U.S Citizens since1933 via house joint resolution 192 and trading with the enemy act. Bitcoin is backed by Chinese miners powered by coal.
Sounds like an offended nerd lol Internet is full of ponzi schemers selling imaginary shit
@@illuminatti5542 lol can't stand these crypto shitz.
@@illuminatti5542 It's almost like in the "real" world... crazy... So because some humans/cryptocurrencies are criminals, ALL of them must be criminals... Yeah... that sounds like a familiar argument from a different discussion... I thought we were beyond that point of "reasoning", but not quite yet... not quite yet... ah well :) Have fun and good luck with your personal investments, whatever they may be. I wish you good fortune none the less. :)
@@ivModzxx Exactly. The U.S. Dollar has value because we all pretend that it has value. Same as bitcoin. Same as ANY fiat currency.
That’s insane how much energy it uses. I don’t see nearly enough comments addressing this fact.
People never truly think.
I’d reply in full but I don’t want to use the energy
It's pretty terrible
I’m conservative, but very open to peoples perspective, listen to you all the time, this was a spot on segment
Bill doesn’t pull his punches, and whether you agree with him or not, he usually has a good point. This segment opened my eyes to crypto at the time.
@@screaminpman I don't agree with much of his politics, but he has the balls to come out against the crazy left loons with some common sense, and frankly obvious information that makes them look stupid, and I like that.
@@michaelmancini5773 Yup. And he has plenty to say about the American Taliban that’s currently running the GOP.
@@screaminpman Check out R J Rushdoony. He wrote the playbook they use.
@@michaelmancini5773 Same here. Sometimes Bill seems to know what he is talking about. Other times he quickly reveals that he is a complete fool. You can't say he is a fence straddler.
"...creating billions in virtual space with nothing ever accomplished." Congrats bill you figured out what our banks are doing all day.
Banks mostly operate with real money, money backed by GDP. Crypto is Las Vegas play money, I hope you win, but most will lose.
@@valgehiir do you mean debt which has surpassed 100% of gdp? GLWT
Great one 🤣
@@valgehiir "Real money backed by GDP" Fiat money exists mostly in a digital format, just like cryptocurrencies and stocks do. If a places GDP is the backing or foundation for a currencies value, couldn't you also say crypto currencies are backed by the GDP of the people buying it? They all require faith/hope that you'll be able to trade that currency for something else of value later.
@@JesseFaught Actually crypto is backed by a ledger that keeps track of all transactions.
This monologue MUST be turned into an NFT...
I got five on it
I’ll buy it
Hahahaha!! Burst out laughing in a coffee shop when I read this!! I bid 10, btw!
11 good sir! This bit should should be one of the most valuable NFT’s of all time
I'd definitely buy it. Wait 10 years
Bill Maher is proved right EVERY DAY.
Sounds like something Bill Maher's audience members say in between their hyena laughter fits
Let's not get too carried away. He is still a fool who happens to be right sometimes.
ua-cam.com/video/32z5aYPPvwY/v-deo.html
@@tmo4330 How come?
@@ikariameriks Psalm 14:1.
My neighbors, a young married couple with a 2 year old rent a basement apartment. Got into bitcoin buying, they're still struggling to pay rent three years later. 😒
I've had friends, neighbors, and customers tell me about their investments in these digital currencies over the past 2 and a 1/2 years and they said it was so great and I didn't know what I was missing out on and told me if I learned how it works I could benefit from it too...........
...... and not one of them want to talk much about it anymore.💁♂️
Bernie Madoff would have loved Bitcoin if he was still alive.
"First they ignore you, then they laugh at you, then attack you, then you win." - winners.
Yep
Can confirm went through the ignoring and laughing 2018-2019...
Crypto has given me the financial means to pay for a masters degree I’m currently working on. The money is “fake” but the impact has been real.
@Sebastian great argument
@Sebastian BTC is digital gold. A lot of people think owning gold is useless as well. No biggy. I'll keep stacking sats while the printer goes brrrrrrrrrrrrrrrrr
This put a huge grin on my face. He just reinforced that we’re all still hella early in the game 🔥 💰
lol we're ganna be rich af HODL THE LINE takin these boomers cash
lol so true... there aint no difference in a paper dollar and a crypto bit. we all attach value to it because we want to... i cant eat a fucking dollar can i.
@Papascrub I’m not in denial I just bought a Denali
@Papascrub The only person in denial here is you, people are making hundreds of thousands of dollars and I've personally made 20k since I started last year, but just keep dismissing it as "fantasy internet money" cause the tv talking head told you to while him and his buddies are all buying into it.
@@poopoomcpeterson137 people always make money before the bubble pops
When I first saw it I couldn’t agree more with Bill. Fast forward to November 13 2022.
I c0unt myself t0 be successful in crypto trading with the help 0f my br0ker, he's strategies are t0p n0tch
trading controls the huge part of my passive income flow, I invest big and profit even bigger, courtesy of my broker, such a genius
how can i gr0w with this t0o
c0nsidering the huge pr0fits generated by my br0ker 2o percent c0mmission seems very fair
@@Hazimarshad he is very experienced and easily accessible
c0mmunicate wth him directly through his telegam acc0unt that's how I reach him
"I don't care that your phone takes pictures. It's a phone, not a Swiss army knife." Bill Maher, 2003
Bill missed that one by a mile!
It's called comedy in case you forgot
@@jrom72 that attempts to inform people.
@@jrom72 Boomer comedy 🤣
@@billbosch9127 even boomers like crypto.
Bill is just anti capitalist.
I printed out Mapquest directions to get here.
damn, i remember those days lol
Can you IM those to me on AOL? 😁
@@bry2k lol
Lmao this reminded me of my 2002 Subaru
listening to my mp3 player
Just to be clear; does anyone remember chain letters, same thing but on steroids. Jack it up, the value, someone cashes in: jack it up, the value, someone cashes in ...
I'm sure crypto owners are wishing they listened to you
Bill: "I don't understand bitcoin and neither do YOU. Now listen to me as I explain how it's nonsense."
He understands enough to know it's a Ponzi scheme..
@@dementedacademic Fiat money is a Ponzi scheme since the government forces you to use it at gunpoint. No one forces you to use Bitcoin.
@@managerialelitetoaster3456 money is not a Ponzi scheme...the govt guarantees the value... Wtf
@Sky Gardener Well sure but that's like saying if I invest in companies on the stock market and they go bust I lose everything. With fiat money the fact the government continuously adds money to the economy reduces the value of fiat money. If you had $100k last year it's now worth $90k, and so on. All the government does it devalue your money. On the other hand there is a limit to the total number of Bitcoins, thus the more people who use it the more it's value increases.
@@dementedacademic Guarantees the value. By continuously decreasing it's value. Everyone uses fiat money because they're forced to, people use Bitcoin because they choose to. Because they understand how Bitcoin actually works unlike Bill Maher and his audience.
“And now let’s have a big hand for my next guest, Peter Schiff, everybody!”
Right?! I hate that guy.
Schiff is a jerk
Schiff For Brains
@@vvvedova7157 GOOD ONE!!
Here is the Peter Schiff hustle. Constantly predict a crash. It doesn't happen, nobody notices. When the crash finally happens, claim that you predicted it
When the crowd cheered for Dogecoin you can see the saltiness on Bill’s face 😂😂 0:45
hahahahaha
I loved it too, I’m am older and have a few Doge. I love the idea of it and if you buy a product with it then it is real. I also have a couple of stocks like AMC because I think the rich like Buffet’s shorting companies into Failure so they can simply get richer is what is wrong with the market. Seeing regular folks join the market like me with a few bucks make a difference for AMC and the like, is worth it to me and to hold.
@Susan Wojcicki Oh my Suz you joined a week ago and seems from your posts that you aren’t getting the attention you crave at home, so sorry about that. Keep looking Precious you will find someone soon. Oh by the way a warning popped up on your reply to me that you were possibly just a bully, U probably should work on that. Bye bye
Im from the future and in May 2022 and this aged pretty well, bitcoin lost half of its value in less than a couple of weeks
I don't see how the price of Bitcoin has anything to do with what Bill is saying 😉
Can’t wait to see the “can’t wait to see this in ten years” in ten years
10 years..? um you'll only need to wait ...10 weeks !
Oll'ld Bully Boy ...
jumped the 🦼🦈
shark with this one!
Ssaad!
In 10 years the dollar will probably already have hyper inflated and crashed. That's the kind of thing that tends to follow having 40% of your currency in circulation printed in the span of a year.
@@matthewaislabie7354 10 weeks for what exactly? what's going to happen? My bank will become CumRocket?
you have been summoned early get rekt fool
I agree with one thing"peoples greed will drain this earth"
The "earth" won't be drained. It will just become inhabitable for humans. Can't wait for that day. Hope it is in my lifetime-- I mean, deathtime.
Both of you are wrong.
Nuclear power can fix global warming.
Quit being so nihilistic.
Clean your room.
I watched it after a year and things seem to go Bill's way😁
bitcoin will always be worth thousands, and im not talking monopoly money ;)
@@erikanderson8186 difference between someone who knows and someone who doesnt is education on the subject. Go educate yourself on the only decentralized currency. . . I mean its the only way to make the stockpile of cash the rich have worthless. Bitcoin cannot be manipulated by man, and was once worth a dollar a coin. . ya know. . like the us dollar was worth one dollar. .. Hmm .. wonder why they created all these regulated altcoin scams. ..oh to hurt bitcoin. . but did it. . HELL NO .. Still worth thousands bruh
Watch it again in 5 or 10 years. It was brutal watching the BTC I bought in 2013 drop from $1,000 to $200 in 2014 but I’m not complaining 8 years later
@@erikanderson8186 Yea you absolutely will never be able to tax them. Perhaps steal or rob them, but they can avoid taxes easily.
@@erikanderson8186 huh?
2 types of people in the comments: logical people who see the facade of crypto, and bots promoting crypto with 20 replies from other bots.
You should convert this into a tee shirt when BTC overtakes golds market cap.
Good thing our money is backed by gold - and we’re not all just pretending like it’s not backed by anything. 👀
SARCASM ALRT
@@meefclamms3321 What? You mean it's not? Hodl on
The US dollar is backed by the size of America’s large and relatively stable economy. People bet that the economy is going to generate trend upwards and continue to influence the globe, so they put more value in the power of the American dollar, thus strengthening the currency overall. This overall stability is why we stopped using the gold standard, because commodities don’t have such stability and can fluctuate greatly.
@@luke_cohen1 some would say our economy is backed by debt and interest rates. Bitcoin is backed by thousands of users. And a cap of 25 million bitcoins. As of today they are worth a lot. Both are very similar. Minus the debt, and interest.
Wait, in 1890, money was completely backed by gold. And gold was backed by...people believing a hard-to-come-by shiny metal was worth hording underground. There's enough gold out there that's been mined, to cover every 5th building from top to bottom in a thin layer. So even when currency was backed by gold, Gold was the BS that people believed in. It's not like the world needed gold then. Funny enough, now we do. Pitty too, because most gold is still packed away underground by governments for antiquated reasons. Lol. I hope they bring it out so we can use it in tech, and maybe back USD currency with Bitcoin... that way the "worthless nothing" that's believed in by millions, will serve a bigger purpose, and not be taking away an element like gold, which we need as a electrical conductor in most electronics.
wow, not a joke. Cumrocket just went up 33% in the last 24 hours (Bill might have unwittingly helped that rise)
Wouldn't be surprised if he bought a ton of it Friday afternoon and will be selling it today...
The 'Colbert Bump' is real and I'm sure Bill knows he has that power too.
LOL
@Juan Suero Anyone who puts ALL their money in one thing is pretty dumb...
But crypto does do something pretty important, so unless governments regulate it to death, it'll probably always have value. There's no central bank or government to declare it no longer a currency, so there's no reason to think it will ever be worthless like many paper currencies have become. If you think about it, even US cash will devalue itself to practically nothing given enough time of inflation, so you kind of have to invest in something. Everything is a risk though. I don't blame people for betting on something that's finally not controlled by 'the man'. The arguments against it sound just like all the people that have been telling me for two decades I should sell all my Magic cards because they weren't going to be worth anything soon, and every year I didn't listen while they consistently outperformed the stock market. Is that investment any worse than the housing market that people manipulate and destroy? The stock market, a lot of which is bets on non-physical things, or futures, or whatever other shady stuff like micro trading that's being used to siphon off value? I guess bonds might be safer, unless the next insurrection is successful and actually topples the government? Nobody knows. Invest in what you know and diversify, that's the best you can do.
@Juan Suero Assume much? I already get 4 weeks paid vacation a year. And crypto does do something important: it's a borderless currency you don't have to rely on 'the powers that be' to use or exchange and are also fairly untraceable (or at least cost-prohibitively-untraceable for 'small fish'), and the fees are a tiny fraction of what the banks get out of you. For someone who supposedly worked with blockchain, you seem to assume a lot without knowing anything. You also seem really angry about all of it. If you think it's a bad investment, don't do it...
I bought CumRocket at .011 and sold at .025
I wonder if bill had previously read “The Delusions of Crowds : why people go mad in crowds” by William j Bernstein-very on par with the explanation of financial mania in that book.
Yup. Beware when naysayers turn into fans. No more fools left to cash in.
Krypto is exactly what I thought it was nothing but an internet scam
Thanks Bill, you're making me feel young.
Boomers are great aren't they?
Hollywood elites big mad poor white people figured out how to cheese life too.
@@divine0enigma Lol...shut up.
@@slider292 from poor to millionaire in 3 months, you could too or you can stay poor. $ERSDL
@@divine0enigma Yeah, I'm not poor.
I’d love to see the comments a year from now.
@ Bob Costas, I, too, am looking forward to seeing how well a lot of these naysayers' comments age...lol.
Sadly, a lot of people are clueless about the changing services and infrastructure rapidly changing all around us...blockchain, Bitcoin and other cryptocurrencies ARE the future, whether the naysayers acknowledge them or not.
I will be a millionaire a year from now.
Bill is probably still looking for a Blockbuster so he can rent some VHS movies.
There’s nothing like Vaudeville
i am a time traveler that has summoned you 3 years later. you are welcome
Successful people don't become that way overnight. what most people see at a glace wealth, a great carrier, purpose is the result of hard work and hustle over time. I pray that
anyone who reads this will be successful in life.🤲🙏
It's Been So rough for me trade on my own😐😔 because l have had a lot of losses think the real market is manipulated Please, can Anyone help me out or tell me What I'm doing wrong😥😓?
Knowing what you're doing is also
essential. You don't invest in cryptos unless you have a solid understanding of how the market works.
When stocks and cryptos crash, that is the perfect time to buy. You buy low and you sell high!
If you're holding crypto, you should already be aware that you will only win/profit if the price of the cryptocurrency rises. On the
other hand, you might want to consult with a professional to diversify your holdings
and increase your earnings.
Any recommendations for a reliable online investment platform?
So on target ..thank you for verbalizing my thoughts on this
Hi Steve 👋You should give a chance to Bitcoin and spend a few hours studying this highly disruptive technology, which imo will greatly benefit Humanity. I agree with Bill when he says that he does not get it, but I don't agree when he says that "neither do you". A few hours of study and you will be on the edge of the rabbit hole 😋
"I don't like this new-fangled fantasy money. I'm gonna stick with the old-fashioned fantasy money."
Who knows who's paid him for this speil. The big bankers are buying up billions in crypto right now.
@@analogdistortion that's Chaos Corner's
PIONT.
It's all pretend value monopoly money.
It's always been "fantasy money" since we came off the gold standard. However, money represents work. And I guess now it represents computer cycles?
@@tonya3916 money is a store of value backed by ____. ____ traditionally was governments. Now ___ is backed by blockchain and people who pay Billy here hate that.
My thoughts exactly.
2023 headline: Bill Maher reveals his top crypto purchases of 2021.
He probably invested in Dogecoin.
He’s holding bitcoin
@@celynne58
That's funny.
Like the Qanonheads who think that they're in on some secret that the rest of us are excluded from.
@@celynne58 But wouldn't it just drive his bitcoin up if the peasants get in on it?
@@Gymnopediea Shush! Never try logic on cults.
Bill- I never fail to be amused, learn something or reenforce a belief watching your show. Please don’t die or go away. At least not until I do. Love ya.
Man he’s got great writers
This clip is going to age about as well as Bill Gates on David Letterman trying to explain the internet
This clip is going to age well after Bitcoin finally crashes
2+Trillion U$D in Crypto value can
not be dismissed or 🦶🦶🦶...🦶
+++> ignored.
Reality!!! ... is what it is. ...
It''$ independent and immune to
sentiment, dogma or tradition.
It is essentially a shield
from all the kraterocratic
shenanigans from all the
corporate oligopolies and
desperate global Central
Banks. A Shield, for a true
store for Value for here and
beyond; true = independent,
incorruptible and Universe-al.
Nobody is going to collapse 2+ Trillion U$D
of Wealth from the economy, "today" - which
will only grow at an exponential rate w.r.t.,
eeevven, the M2 U$D in value, into the future,
tomorrow. ... That's the "reeal" Reality. :-))
@@jojopuppyfish lmao it won't tho but the US dollar is dying right now lmao
at least it’s real. You mean the currency 50% of which has been printed in a single calendar year
Also $80B of stable coins printed this year
Enjoy being destitute because you traded your actual money with the full faith and backing of the United States Treasury for a "bitcoin."
So what? There is a recession, so we need to jump start the economy
@@therrydicule There isn't a recession, our economy is growing. Bitcoin trading doesn't jump start shit but it does inflate a speculative bubble. I'm selling NFT tulip bulbs, want one?
@@frams12 My crypto has gained over 600% since January, and I have used part of it to purchase over 6K worth of actual products with only seeding 600 US Dollars in 2018. Let me know when you find an investment that has gains like that. By the way, 53% of US Dollars are virtual and only exist in computers as yet another cryptocurrency.
The difference between bitcoin and cash? Everyone takes cash when the internet and the power is out.
Oh...Your ATM works with no power?
Interesting...
How many honest bankers have you known?
A little power consumption is well worth avoiding those scumbags.
Wow crypto people here look a lot like a cult, don't tolerate any kind of questioning or criticism..chill, cause you all come across very fanatical..
Because they've *LITERALLY* bought the hype.
I'm upset because cryptocurrency is not that hard to understand. It's not some mystical made up thing, designed to confuse you, and yet people just write it off as a scam.
@@akn3207 It's just missing a few words "Legal Tender for all debts public and private"
I haven’t invested in crypto but it’s extremely backwards to not embrace it.
@mmdt 123 You realize it's already happened for many of them right? Even outside of Bitcoin, how many dogecoin millionaires were made in the last 12 months? It's not theoretical, it's already a reality. It's funny to see people still making the same arguments people were making 10 years ago, even though they've already been proven wrong. Back then I understood people's skepticism, I was skeptical too. But today, if you still can't see it I think it has to be willful ignorance or just plain stubbornness. I guess some people will never learn. Have fun losing 20% of your purchasing power this year from inflation.
I like how at the beginning he admits he doesn't understand cryptocurrency and then spends the next 8 minutes explaining why it can't work.
Exactly.
Well he makes the claim that none of us do, either. In my case he’s right. I don’t know where he acquired the knowledge to speak for all of us though.
@@DougWolfe I spent a lot of time learning about it, when I first found out about BTC. There are 10 minute UA-cam videos that can explain how it works. So yeah, you're right, he doesn't speak for all of us. Also, there are a TON of crypto assets that don't use mining.
I thought like he did up until 2017.
No, he is saying he doesn't quite understand the speculative mania, giving Dogecoin and Cumrocket as examples of the phenomenon.
First They Ignore You, Then They Laugh at You, Then They Attack You, Then You Win.
Then you broke rofl
That worked so well for Elizabeth Holmes.
@@grahamstrouse1165 who
@@froddobaggins 🙄
My guy 💪
Nice video with good info, It is really helpful to us traders, Investing on crypto is the best and fastest way of making money, but only
few understood the secret of crypto.
Bitcoin is the future, investing in it will be the wisest thing to do especially in the Current bear market
I live in the UK and I'm thinking of investing in the crypto market, but I'm taking my time to understand how it really works.
Most people are scared of investing due to the lost incurred during trading
The fear of failure can also deprives one from success.
If you want to achieve success, especially in the area of finance and business, you should look beyond your fears and push for the goal. Pushing through, regardless of the opposing factors will only increase your chances of getting the result you seek.
I think it was Warren Buffet who advised : don't invest in anything that you don't understand.
“There is something inherently not credible in creating 100s of billion in wealth, without anything actually being created” yes there is but I don’t see you criticizing the FED for doing that for the past few decades....
Except inflation occurs to correct that...
And the fed has a miniscule carbon footprint by comparison.
@@thursdaythought7201 you mean you and I pay for it with inflation.
@@PDXVoiceTeacher cArBoN fOoT pRiNt just because you can’t objectively measure it doesn’t mean it’s minuscule. It cost carbon and a lot more to have those warships across the world securing your system aka the almighty dollar.
@@JackJohnson314 meh. You're off the rails and moving goal posts. I can measure the energy it takes to create dollars. It is less then crypto.
Can’t wait to see this in 10 years...
It will be proven true --- and all of us will be dead. thank fuck.
@No Commentary Gameplay I'm pretty sure bitcoin will out live Bill Maher.
never seen people so excited to see something in 10 years
Or now
in 10 years you may not have enough electricity to run even a light bulb, when all the oil, gas and coal production will be shut down. So, in 10 years you will be playing this video in your head only
First time in my life I've agreed with Warren Buffett.
"the rules of business are being rewritten!!" "this is a new paradigm!" "old people better get out the way, they don't understand!"
This was the language of excited young men in the 1990s who told everyone that companies didn't need to have a product or service, they just needed to have a dotcom after their name. This was the future, and oldies better step aside. Reality refused to step aside and it ended VERY badly. Yes, done lucky few made money, but must list their shirts. People who are too young to remember the dotcom crash, are doing the exact same thing with crypto, with the same arrogance, and heading for the same ending. It's an old, old story, hundreds of years old. The madness keep changing, but the game is the same
and it turned out, dotcom really did become the future. so who's laughing?
@@ah2522 the few lucky ones that got rich from it. Definitely not most of the suckers that fell for the meme
@@EM7575 Same could be said of stocks. That's how investing works.
@@k-ozdragon there's degrees of volatility with investments. You could "invest" you money into an Ethiopian prince's business venture, but we all know how that might turn out lol
@@EM7575 NFT are the Ethiopian prince of the investment world. It's more or less a digital bartering system, & a weak one at that. Bitcoin works just like normal cash, except it is governed by the market, rather than an actual government tampering with it constantly.
America 2020: Creates half of all USD in existence in one year digitally
US funny man 2021: Our financial system might not be perfect but at least it’s real
"$$" printed out of thin air, inflationary to the core and these fools are still on the bandwagon
@@vambo13257 This is something I dont get with you guys who are into crypto, like ya, I personally see an alternative storage of wealth as valuable, or even etherium is cool bc it can be used for nfts and other stuff, but you guys are saying inflation sucks and therefor the government who makes that inflation sucks, but that inflation is how the world goes round. There is a reason we and most countries left the gold standard, and even during the gold standard inflation still existed.
@@young_fella It seems the crypto guys want us to go backwards 80 years with monetary policy.
at the same time I want to point out bill maher right here is also dealing some bs as far as I can tell, like his main point is that crypto has not tangible value, but thats the same with most assets, like a dollar has no tangible value, or even gold, like what are you gonna use gold for besides jewlery? Sure it can be used in electronics, but only a very small amount of it is, so its value is definitely not based off of its utility, just like crypto
@@young_fella Just read that 78% of gold mined each year is used in jewelry. What a waste!
Now I'm worried in 30 years nations will be using Cumrocket as official currency
Thailand
after 30yrs they will be lucky to produce either of the actions the name suggests...
Cryptocurrency is basically based on a product called hype. It's value increases only when u can convince others to buy it. It's a multilevel marketing ponzi scheme
😅
Please explain what problem Bitcoin will or is solving?
My 44 yr old son "helps" me, but he took $4000 out of my savings and "bought " "Crypto" money now it is GONE. I should tell the bank to stop letting him get into my bank account.
Lmfao
No!
If he bought stock with it, that cash is also "gone." The only difference is that crypto is guaranteed to rebound again. Your stocks? Good luck with that. Maybe they go up, or maybe they tank completely.
Btw, you haven't lost anything unless you foolishly sold your crypto while it was down. Losses aren't losses until they're realized.
@@k-ozdragon Nope. You're dreaming bro. Wake up and come back to reality.
@@Big_Island_Boi Entire governments have switched over to crypto. As governments try to tax you on every little thing & begin issuing credit cards with "carbon credits" on them, people will use something else. All investments are down right now. Once they rebound, the people who bought while it's low will reap the benefits.
Crypto is like the Tulip Buble in the Netherlands in the 1600's. It has no intrinsic value but people buy it thinking they can sell it at a higher price later. Eventually there will no one to buy Coins and they plummet in value. Going from $65,000 down to $16,000 recently. It may pick up somewhat but eventually will run out of new buyers.
Not really. You can buy stuff with crypto and will potentially be useful in the metaverse
@@smokenot87 Yeah but you can only buy very little with crypto and has to exchange it for dollar in most cases, just m,aking it a speculative asset. And the meta verse is a flop so far so that usage is pretty worthless. This is more like buying a car in the bronze age(without fuel). No one knows how to use it or has the tools to make it productive so it is useless without the infrastructure behind it.
@@smokenot87 Yeah illegal stuff, money laundering. Congress doesnt understand Crypto but some of their young staff does and they will regulate it into the ground. El Salvador made Bitcoin legal tender at 55,000.00. Now its worth 17,000 or so. Whoops. Ecuador got rid of their currency and made the US Dollar legal tender. Now who looks smart?
@@aksjhdbaksjhdbNotASpam it operates on the greater fool theory. Its only good for buying illegal things and paying ransom. Possibly some money laundering. Sam Fried won't be the last one, just the first. When you have these idiotic crypto bros pumping it up and Bill Gates, Warren Buffett and Carl Icahn saying its worthless, I'll go with the people with the proven track records. Without the underground economy, there would be no use for crypto. The Metaverse was a big flop.
@@smokenot87 Crypto may fluctuate a little more but its beginning to circle the drain.
Streaming a video off the internet was a joke in the 90s. Now I watch everything on the internet.
We are LIVING online now!
But it was real
@sisuphos it has governments backing to a certain amount if banks go down
Technically all money is imaginary but it’s about what money you can trust as a legal tender
Everything ends here - money has to be stable for it to be spent
If your $10 bill could be worth 15 tomorrow you spend it so that bill can’t be assumed as currency
It became an asset ( an unproductive asset)
So Bitcoin Is neither currency nor asset
Tbh I don’t want it to go down as I have 2 bitcoins
But that doesn’t change the fact it has no backing no fundamental value
@sisuphos Fiat money doesn't multiply in value. There's no such thing as investing in money. In fact, money almost always depreciates over time. So what's happening with Bitcoin wouldn't make sense even if it _was_ the same as USD, which it isn't.
It was a joke because the video quality was a fucking potato. Now it's as good or better than any source out there. Infrastructure made it possible.
From any Economics 101 class, I have bad news for Bill about the "realness" of money...
Yeap.
the *USD* has been based on _Nothing..._
*(since August 1971)*
🔥🔥
Paper money only has value because it's packed a finaical institution aka the US government and same for any other country and that's from my High School education
@@HughJass-jv2lt Morons, the USD is based on the US economy, assets and infrastructure including the stability and power of the country to repel all enemies and project its power across the world to the extent that the dollar is the world's reserve currency and oil is traded in dollars.
All money, including gold, depends on the tacit agreement of people to accept the value of it, given more or less assurance that it's value will endure. That is not "nothing".
As Bill correctly points out, the power used (and carbon released) is obscene and a negative to the system which is straight PONZI. Sorry libertardians.
@@pas9ify
Nothing you said changes the fact that:
USD is *FIAT.*
It's Value is based on Nothing but *tinkerbell power.*
(which only made this segment even more ironic)
The USD is the 'world's currency'... until it ain't.
The Petrodollar is USD... until it ain't.
If an *Oil Selling Nation* decides to STOP accepting USD...
there's NOTHING the U.S. can do about.
Well... Nothing, accept invade/destabilize their Government( a la *Libya).*
But If an alliance of *Oil Selling Nations* decided to STOP accepting USD...
It could be the end of USD.
Read about:
Muammar Gaddafi Gold Denari.
Saddam Hussein Euro petrodollar.
The U.S. didn't *destroy* those nations by coincidence...
🔥
@@HughJass-jv2lt You seem to miss the point widely, maybe purposefully. I ACCEPT that all money, including the dollar is fiat. I said that up front, yet you keep snarling and foaming about it.
USD is fiat, so is crypto, so is gold. Silver has more industrial use than gold, but it's 10 times cheaper, why?
The only argument you MIGHT make is that the fiat in gold comes from holders of gold USD comes from the government. But that argument also falls flat, since, at least in theory, we citizens control our government. While gold holder are the wealthy.
Still fiat, no matter how you slice it. Based on "nothing" as you say.
Your position is popular, I will give you that. Since Reagan, "government is bad" has been the mantra. If you and your other brainwashed multitudes ever stepped back to look at the equations of power logically, you would deduce that less power for government means more power for corporations & the wealthy, hence less power for you, armchair libertarian, unless you are welathy, but then you wouldn't be on here arguing, you'd be on your yatch.
A wealthy guy (BF Goodrich) twisted "Libertarian" into a disease to control the masses for the good of the wealthy. Same people invented crypto (as well as PayPal) and they have all of us by the testicles.
But expecting you to understand, or even more to do some research into all of this is like expecting my dog to understand Melville.
The smart ones know it's a runaway train and plan to jump off in time. To lose a shitload of money means someone cleaned up.
Kiss your cryptocurrency goodbye when the world is hit by an electromagnetic pulse .
As warren buffet himself said "be greedy when others are fearful.
Spot on 👍
there is no fear here. this is the hugest bull market in crypto history. buffet wouldn't be greedy on crypto today.
As warren buffett himself said ''bitcoin is rat poison squared''
Nice one
@@hubblebublumbubwub5215 Buffet also hated on gold and then he bought Barrick Gold. Watch what they do not what they say. ( ;
I would put everything I have into an NFT of this monologue.
lol
@@brads008 yes, eth, crypto. this video was about crypto, bitcoin is not the only crypto. hello
@@brads008 dude tryin ta act like all crypto is a scam when you can send money across the globe for no fee and it can get there instantly.. instead of taking a day or 2 and costing $10-$20 fee. . its clear that crypto is good for the world.. only bitcoin is bad . they ruined it, that aint even what satoshi created
😂
I’ll buy it for 50 eth.
Reading all the crypto cheerleaders on here is hysterical now February 2, 2022.🤣🤣🤣🤣🤣
Came back to this comment section after the Luna crash. Like fine wine
I'm just sitting here, waiting for Bill to learn about NFTs 😂😂
His head gonna pop off lol
Are NFTs destroying the planet with massive electricity use? No. Is crypto? Yes.
If I'm not mistaken, NFTs are a form of cryptocurrency.
@@aenien4560 Christmas lights use more electricity than crypto annually. Campaign against that too.
@@vadimuzdensky2384 They are not. They both use blockchain technology but NFTs are not a cryptocurrency.
The videos reacting to this will be so beautiful
🤣🤣🤣🤣🤣
I had no idea regarding the energy consumption required to make these coins this looked like more of a scam anyways but now after hearing that definitely not gonna get involved
Hi Russ --> actually, don't take Bill's words for it 😉Bitcoin is a very disruptive technology which will greatly benefit Humanity. I would suggest you dig into the topic of Bitcoin's energy consumption (you will be surprised, as it is quite the opposite of what most media claim)
Remember the good old days when a pound meant a pound of gold, silver or copper which you could melt down and use, or better yet, when the common currency was salt, cloth, beer or rice?
How old are you? I'm 61 and I don't believe my dad remembers that.
Is he talking about the US dollar? ... I think he's talking about the US dollar. 🤣🤣🤣
@@krystal5887 But they are tied to the means of production through something called proof of work, might want to look it up. And while you're at it the Fed printed 40% of all the dollars that have ever existed see of you can find the extra means of production that jumped into existence somewhere.
@@krystal5887 not really. About the only thing it's even slightly pegged to anymore is oil. Just barely hanging on to that.
First they ignore you
Then they laugh at you
Then they fight you
Then we all win
XRP, ETH, VET, ADA, XLM. To the 🌙.
Exactly what I was thinking lol
@@salochoa6877
Better yet, get a job.
The money you make with them will be measured in US Dollars.
Which is what you'll spend.
@@steveknows62 that's funny, you obviously need a job, consequently I no longer have to work thanks to all the money I make in Crypto.
@@salochoa6877 how you make money in crypto? Passive income?
This aged so well lmao
Hi K , how so?
It really hasn't. Still broke?
Mining but not seven dwarfs sharing a woman!
That was solid gold.
How do you know he’s a old man standing on his lawn yelling at kids?
When he doesn’t think blockchain is real.
Blockchain as a open source, easily replicable technology with some interesting potential in the future is real. But hundreds of digital currencies (of which Bitcoin is only the most popular) based on blockchain are not 'cause there's no inherent value to them: the whole scheme is to buy low and sell high before the bubble bursts, then it'll be somebody else's problem.
@@TheKafkianProcess honest question not calling you out, Are you purposefully talking about rug pulls/Ponzi scheme coins vs utility coins as the same thing? Or is it a lack of knowledge, that is generalizing the cryptoverse? If it’s intentional, then have a good day, I’m not a fan of arguing just to argue. But if it’s that you just don’t have enough knowledge and in turn are making general assumptions, then I wish you well at the beginning of your crypto journey.
Comparing BTC and DeFi to any silly coin you or I can make tonight is foolish
@@rna3xhelix why are you even asking? he literally parroted from the clip. NPC all the way. No knowledge of anything.
@@MrSinister718 you have reason and logic on your side.
No other man has such a huge talent for sounding passive aggressive and confused simultaneously
Tucker Carlson
amazing description of yourself.
And this is the very reason I pledge little allegiance when it comes to many people because here we're one day loving them and the next day they go bat-shit off their meds and speak crazy shit like what my "mentor" Bill Maher just did.
silly boomer
A lot of poor people replied to this man, and they are mad they are dont have any coins.
I think you hit a vein with this video. I had never seen a Cryptocurency ad before this beat dropped.
Bill Maher is 100% right on Cryptocurrencies. My accountant shot himself in the head after the Bitcoin crash of 2021-2022.
Seriously? Any news report about it?
@@fazrinjamal9986 Yes: All over youtube. Did you look?
🤣 Good one
Come back to this video in 2026 to see just how cold this take was 🥶
This fail of a bit will get more and more hilarious each year
You think that's air you're breathing now?
Spoken like someone who is invested now because they think they're smart, instead of someone who actually got wealthy off it over half a decade ago. You're a trend follower, not a trend setter.
@@mgoboski my comment has nothing to do with investments lol. Dismissing the entire crypto industry as useless is ignorant at best, that's all.
@@BalancedBodybuilding
"Crypto industry" lmao.
He got so upset when his sleep audience cheered for doge coin LOOL
He is a joke ! Literally lol 😂
That wasn't the reaction he was expecting 😂
🚀 🚀
The look on his face when they cheered was great. He seemed surprised and annoyed at the same time.
Dogecoin is loved by everyone including people who dont even like capitalism like me i dont even like capitalism but investing in cypto is the future
Bill Maher has impressed me as of late with his anti-mask and anti-crypto sentiment. Have never really found anything he said to be funny....but congrats to him for going against the grain on these subjects. Hat tip to Bill Maher.
The crypto prediction is aging well at the moment
@@goBucks-bk1gs Time to let the dumpster fire burn.
Bill is hilarious.
He's and idiot. Established fiat currencies are looking increasingly fragile. The security of bitcoin is compelling.
@LunarVVolf indeed
the fact that it's valued in real currencies says something
Can't wait to hear his monologue on crypto in 2025 lol
it'll be the same as it was in 2021.
Yeah...🙄
You won’t be happy. Neither will your bank account 😆
@@ian12346 we don't store crypto in our bank accounts. And have you ever thought for a second that these celebrities, banks, and business news channels shit all over crypto for a reason? Jami Diamond use to shit all over it and tell people how dumb they were buying it. Then the price dropped and JPMorgan bought up shit tons of it.
Stop listening to the idiot box about what you should invest in. They're lying to you so they can get richer. They only tell you something is a good investment after they're balls deep in it so you can again, make them richer. Or go back to sleep and believe whatever you want to believe.
@@ian12346 the entire purpose of decentralized finance is to keep money... get this, NOT in a bank account. It’s cool man, if you don’t get it you don’t get it. Put $100 dollars in a bank right now and earn what, 1% annually on it? Less? Oh but wait, that money is inflationary bud. So next year your $100 is now $101 but has the buying power of $99. You know who benefits from you putting your money in the bank? The bank.