The Most Dangerous Man in America

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  • Опубліковано 11 лис 2022
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    edited by: one take jake
    #mogulmail #ftx #crypto

КОМЕНТАРІ • 1,8 тис.

  • @braedencutler
    @braedencutler Рік тому +5853

    Ludwig really became a streamer to ultimately become a journalist like he originally planned

    • @GavinBogie
      @GavinBogie Рік тому +309

      Ludwig is still a streamer. This is Mogul Mail.

    • @ap6480
      @ap6480 Рік тому +130

      @@GavinBogie Ludwig died

    • @OurVirtualTime
      @OurVirtualTime Рік тому +26

      The more things change the more they stay the same.

    • @ferba8849
      @ferba8849 Рік тому +61

      @@GavinBogie Ludwig no longer exists. Only Mogul Mail.

    • @emmafahy4712
      @emmafahy4712 Рік тому +27

      Who's Ludwig???

  • @Ramattrius
    @Ramattrius Рік тому +8416

    The fact that some people trusted this man because he "drove a cheap car" is astonishing

    • @freeestyleobsessed
      @freeestyleobsessed Рік тому +170

      I have a super shitty car that makes me trustworthy and able to run a multi billion dollar Ponzi

    • @THICCTHICCTHICC
      @THICCTHICCTHICC Рік тому +88

      Some famous people just drive cheap cars. It's not even impressive either. It just avoids people knowing you're rich which is purely convenience.

    • @briantep458
      @briantep458 Рік тому +82

      he drove a toyota but also had a private jet. He slept on a bean bag, but on an island in the bamamas. What a joke

    • @theultimaterage675
      @theultimaterage675 Рік тому +26

      Im pretty sure this is an actual psychology thing where certain looks or features about yourself give yourself an advantage/disadvantage in a field. People are more likely to trust someone in IT or computer programming if they look more nerdy, but if that person is like a buff body builder with a ton of charisma, people are less likely to trust the things he says on it

    • @Dolphins_are_our_Overlords
      @Dolphins_are_our_Overlords Рік тому +5

      Makes you think how the rich people create this image of theirs by doing normal shit & using that to say that they are just same as any poor person but its a manipulative technique.

  • @johnliu7811
    @johnliu7811 Рік тому +740

    Someone on Reddit once described cypto as "speedrunning the evolution of the modern financial system." This quote feels more and more true now.

    • @admkbldwn
      @admkbldwn Рік тому +1

      crypto is just the "regulation is bad" crowd figuring out why they should have read history books instead of becoming the "regulation is good" crowd by living through it

    • @BrahmaDBA
      @BrahmaDBA Рік тому +25

      I wonder if this is the start of a Great Crypto Depression and what will be its New Deal

    • @3u-n3ma_r1-c0
      @3u-n3ma_r1-c0 Рік тому +4

      it literally is, and its amazing.
      someone needs to make a History of Crypto so I can take notes. my fake paleolithic civilization needs to start somewhere.

    • @sideways5153
      @sideways5153 Рік тому +5

      It’s really not, because even the sanest people are basically doing the equivalent of traveling back in time to the 1800s to buy every deck of playing cards they can find, hoping that owning enough playing cards will make them rich when Nintendo becomes a video game superstar.
      That’s what the smart people are trying to do. Everybody else is trying to recreate the housing market crash of 2008 (some people THINK they’re recreating Amazon or Enron, but they aren’t), and they don’t understand why it keeps hurting them to intentionally recreate some of the stupidest ideas banks have ever had.
      If you have crypto, get out of that market. It’s a money pit, and the people who know how to get the money back out of the hole aren’t going to help you. You’d be better off trying to get on the board of trustees for a real bank - at least the money would actually exist

    • @bunsenn5064
      @bunsenn5064 Рік тому +1

      Hold on. I think you just figure out how to invest in crypto just by basing your investment timing off of the historical patterns of the economy.

  • @RaphaelAlba
    @RaphaelAlba Рік тому +1039

    I love that Ludwig was able to explain this situation in a digestible way. Its good to educate that masses in what a bad billionaire looks like and the coverup is just worse.

    • @Swanzyy
      @Swanzyy Рік тому +23

      Who is Ludwig? I only know Mogul Mail..

    • @morbs5697
      @morbs5697 Рік тому +6

      I watch both, but I have to admit, Ludwig just watches atriocs vid and then restates everything in his own vid.

    • @norkshit
      @norkshit Рік тому

      …all billies are bad. only way to stop em is to eat em

    • @RaphaelAlba
      @RaphaelAlba Рік тому +1

      @@norkshit We're seeing them eat each other!

    • @Asoudo33
      @Asoudo33 Рік тому +60

      Every billionaire is a bad billionaire. You don't make billions of dollars off of your own merit, you get it by taking exorbitant profits from companies other people do the work for you in.

  • @dimmbtw
    @dimmbtw Рік тому +5345

    i love how this man went from the nicest billionaire to the worst 😭

    • @mythil3989
      @mythil3989 Рік тому +236

      @Chad 007 Are you really making fun of bots, or are you a bot yourself?

    • @gentlefires
      @gentlefires Рік тому +200

      No person with that amount of money is nice. A billionaire could solve world hunger, yet here they are, destroying people's lives and running entire companies into the ground because of a temper tantrum.

    • @anzacxlag2606
      @anzacxlag2606 Рік тому +39

      @@gentlefires You think world hunger could be solved by a few billion dollars?

    • @blanks-
      @blanks- Рік тому +136

      @@anzacxlag2606 A couple billion dollars could feed a couple hundred million people, wouldn't solve it, but would put a pretty big dent in it. Then again, without sustainable jobs they'll just starve again, so they should really open new businesses for the starving and poor.

    • @simulationl279
      @simulationl279 Рік тому +15

      I actually tried to sell my crypto when it was taking a nose dive earlier this year, and the exchange actually refused me saying I cannot sell. I didn't understand the reason because it was a very long page of confusing legal text and lawyered up excuses.

  • @VIady
    @VIady Рік тому +2281

    FTX being "Hacked" is probably people who had access to the wallets milking the cow on its last legs.

    • @Joshs4stro
      @Joshs4stro Рік тому +3

      hooked up to a metric ton of copium

    • @sleepisthecousinofdeath7395
      @sleepisthecousinofdeath7395 Рік тому +9

      Idk why people get greedy and put their money in high risk CEFI networks

    • @user-white007
      @user-white007 Рік тому +1

      Thanks for thinking like me, no way they legit got hacked, they stole there own money to avoid government lmao

    • @JonHop1
      @JonHop1 Рік тому

      @@sleepisthecousinofdeath7395 people are dumb

    • @christopheviens6468
      @christopheviens6468 Рік тому +23

      yeah they defo just tried to run with the money before it gets drained in lawsuits and settlements

  • @HasanAbi
    @HasanAbi Рік тому +274

    Marketing Monday's Better

  • @fotisxevgenis
    @fotisxevgenis Рік тому +77

    I love Lud because he dumbs it down for my little head to comprehend all the crazy shit happening in the world . Thanks Mogul !

  • @TheCyberHawk1
    @TheCyberHawk1 Рік тому +1725

    Anytime somebody in finance says they're trying to "revolutionize the industry" what they actually mean is that they are ignoring financial fundamentals and taking on loads of risk and hoping to cash out before their scheme crashes.

    • @THICCTHICCTHICC
      @THICCTHICCTHICC Рік тому +20

      Aside from that one time when Bitcoin was created and did actually revolutionise the industry of course

    • @TheCyberHawk1
      @TheCyberHawk1 Рік тому +61

      @Thicc Thicc Thicc Did bitcoin really revolutionize the finance industry? I would say the uptick in price and trade volumes of bitcoin have more to do with the increased accessibility of investing through apps. The increase of investors revolutionized the industry more than bitcoin existing.

    • @requiemforameme1
      @requiemforameme1 Рік тому +25

      “Revolutionize the Industry” is starting to become synonymous with “Build a Marketplace”.
      It’s kind of amazing that such a cool technology (Blockchain) shat out a pair of highly publicized turds so quickly (NFTs, this).

    • @wtfisggon7251
      @wtfisggon7251 Рік тому +7

      @@TheCyberHawk1 no but blockchain did

    • @Hansgame
      @Hansgame Рік тому +1

      yea pretty weird that after all that revolutionary stuff we use the same system as some thousand years ago, except we use digits instead stones today

  • @Dkgow
    @Dkgow Рік тому +4332

    "I cannot give you the money I owe you because I am using it somewhere else."
    Ludwig knows very well about this. Maybe Mogul Mail should interview him about that situation.

    • @zealeos1744
      @zealeos1744 Рік тому +58

      Didn't you hear? Mogul Mail killed Ludwig

    • @jacobbailey2950
      @jacobbailey2950 Рік тому

      How can Mogul Mail interview a dead guy

    • @lordofstuff_
      @lordofstuff_ Рік тому +1

      @Ludwig 🅥 ? xd

    • @Dkgow
      @Dkgow Рік тому +10

      @@zealeos1744 No shot? I missed that? Damn. Ludwig7 to him.

    • @grat3r
      @grat3r Рік тому +9

      @@Dkgow yeah, sad news, sike not sad news, ludwig was the cheap copy of the gigachad, mogul mail.

  • @kosbebot6360
    @kosbebot6360 Рік тому +15

    I just love how Binance performed that fatality on FTX. That was some crypto mortal combat.

  • @Haileycartero
    @Haileycartero Рік тому +16

    The fact that the woman said she thinks stop losses are not a smart decision, should have been your biggest red flag

    • @i_am_acai
      @i_am_acai Рік тому

      stop losses for crypto aren't as good idea as they are for stocks

  • @hooman2459
    @hooman2459 Рік тому +1392

    Mogul mail has really been crushing Ludwig recently

  • @JordySan
    @JordySan Рік тому +3285

    ludwig could literally sit and stare at the camera for an hour and I’d still be entertained lol

  • @ToadTWE
    @ToadTWE Рік тому +142

    It's crazy how the other day me and my mom were talking about this guy and how amazing he was. That statement aged poorly

    • @akivaweil5066
      @akivaweil5066 Рік тому +5

      Don't stress it

    • @NovemberFoxtrotRC
      @NovemberFoxtrotRC Рік тому +10

      I was just talking to my buddy about how volatile the whole crypto space is. He was pushing back against it. Just sent him this video lol.

    • @kingarthur1367
      @kingarthur1367 Рік тому +5

      No, you didn't@@NovemberFoxtrotRC

    • @PokeShadow77
      @PokeShadow77 Рік тому +3

      @@kingarthur1367 chad

    • @trianglemoebius
      @trianglemoebius Рік тому

      @@NovemberFoxtrotRC ​Your friend is an idiot, then.
      I'm pro-crypto, in fact I trade (although luckily I realised something was wrong with FTX and never got involved), and let me tell you: Crypto is volatile. The people who lose are the people who somehow conclude that this volatile space is entirely stable, as they're the ones trying to work in a reality that simply doesn't exist.
      When I first got into crypto, there were two rules that (almost) everyone recognised and played by:
      1. Never invest more than you can stand to lose.
      2. You aren't rich until you cash out.

      This is the thing NFTbros and their like don't get. All they want to see is easy money and them being rich, and they're willing to ignore that simply not being the case as it suits them. And this is why everyone (rightfully) sees them as hypebeast idiots.

  • @renshuuu
    @renshuuu Рік тому +13

    Honestly financial education is something that really needs to happen. Not how to get rich quick, but learning about risk, and how to mitigate it, and what is indicative of high risk.

  • @IronWolf123
    @IronWolf123 Рік тому +1609

    Sam went from a poor kid to a rich generous guy to a guy who lost his business because he scammed people through a Ponzi

    • @MaximusChivus
      @MaximusChivus Рік тому

      I was about to say, the more I hear anyone talk about crypto the more I'm convinced it's just a straight up ponzi scheme

    • @akivaweil5066
      @akivaweil5066 Рік тому +83

      It wasn't a ponzi. He straight up stole people's money from their accounts. It's like if you used someone else's debit card at the casino.

    • @jdmji
      @jdmji Рік тому +30

      @@akivaweil5066 Banks do it, the problem is pouring it into Almeida which is just doing dumb shit with it. They even bought meme tokens with the money which is a massive red flag lol.

    • @senatorarmstrong2100
      @senatorarmstrong2100 Рік тому +1

      @@jdmji exactly, even banks do it. One bank took 10,000 usd from my trading account and transferred it to another account and refused to give it back.

    • @wtfisggon7251
      @wtfisggon7251 Рік тому +10

      @@senatorarmstrong2100 that sounds off. Which bank was it

  • @PremiumImprint
    @PremiumImprint Рік тому +95

    This is the moment mogul became mail

  • @Anthony8Fields
    @Anthony8Fields Рік тому +27

    Damn, this channel actually slaps. No doubt it will grow.

  • @alfies98
    @alfies98 Рік тому +4

    Im glad youre covering this, i thought you might be like some of the other youtube "news" channels only reporting on things that could get you the most views, but this gives me hope.

  • @theEDMdragon
    @theEDMdragon Рік тому +664

    You know it's become a fricking huge deal when even Ludwig is covering the FTX crash

    • @johnhilton395
      @johnhilton395 Рік тому +30

      Did Ludwig also make a video on this. Wouldn't be surprised he always copies mogul mail.

    • @anaccount4354
      @anaccount4354 Рік тому +11

      you mean mogul mail???

    • @isotope6207
      @isotope6207 Рік тому +10

      i think you got confused, you mean mogul mail right?

    • @theEDMdragon
      @theEDMdragon Рік тому +7

      @@isotope6207 yeah I meant Mogul Mail, my bad

    • @theEDMdragon
      @theEDMdragon Рік тому +3

      @@anaccount4354 yeah, my bad

  • @chpgmr1372
    @chpgmr1372 Рік тому +30

    so basically a thousand people were holding on to the same dollar while each thinking they were the only one.

  • @encinoman903
    @encinoman903 Рік тому

    14:01 This is an excellent point.

  • @capri5246
    @capri5246 Рік тому +7

    I just gotta say I’m really happy your making vids here, I’m not really a twitch watcher but I’d always known about u and hear things, and you always made me wish I could sit down and watch a twitch stream so I could get into twitch creators mainly you, moist, and Hassan. But when u came over to UA-cam I was like aye, big win for UA-cam. Honestly it feels like we have had a mogul shaped hole in UA-cam all this time and u fit right into it when u came over.

  • @suko1254
    @suko1254 Рік тому +28

    "because i wanted to give it to charity" yea sure bro 🤣🤣

    • @godlyvex5543
      @godlyvex5543 Рік тому +1

      he did though, if you look it up he was into effective altruism and he was specifically trying to make money to raise it for EA, unlike some billionaires who just hoard it or do things like buy social media companies

  • @Josh-wj6fk
    @Josh-wj6fk Рік тому +65

    This is actually one of the best takes out there on this. Great reporting, dude.

  • @CodenameTurtle
    @CodenameTurtle Рік тому

    Lol that ad at the end. Good on you, Larry.

  • @distasteee
    @distasteee Рік тому

    Wasn't expecting lud to do a a crypto piece - thx for the rundown my guy

  • @freeestyleobsessed
    @freeestyleobsessed Рік тому +201

    I’m a simple man, I see a mogul mail I click and like

  • @sonder8227
    @sonder8227 Рік тому +46

    I really sat through this whole ass video nodding my head as if I understood a single word he said. Would do again 10/10.

    • @rexxfrost440
      @rexxfrost440 Рік тому +4

      I didnt realize I did it too until I read this comment lmfao!

    • @iLL_WiLL_
      @iLL_WiLL_ Рік тому +3

      What's crazy too is that he simplified it significantly and it still came off as a high-level topic.

  • @felixahelixa3233
    @felixahelixa3233 Рік тому

    Ngl, from the start I had like 0 idea on what any of the subjects you are bringing up were, but the way you explained it was so well done that I basically understood everything. And man, all of this is fucking crazy lol

  • @BakaSeraphTo
    @BakaSeraphTo Рік тому +1

    9:48 heh "frunds"

  • @extacee2516
    @extacee2516 Рік тому +30

    Sounds like the binance CEO jumped on an opportunity to mega screw over a competitor

    • @TopOfAllWorlds
      @TopOfAllWorlds Рік тому

      For real

    • @Fazwick
      @Fazwick Рік тому +7

      Yep, they were known to not like each other very much. People were speculating that Binance CEO made those moves to be able to buy FTX cheap, thus becoming the single biggest crypto exchange ever. Backing out was definitely not planned though, because the resulting crash would impact them heavily too. It's one thing lacking liquidity (they just needed more time to get the cash) vs totally insolvent (not having the cash in the first place).

    • @dayko.
      @dayko. Рік тому

      @@Fazwick I mean if they know the market will crash due to them backing out of the deal they can make a ton of money by shorting FTT or crypto in general. Still probably was not the plan.

  • @wdmzxro1799
    @wdmzxro1799 Рік тому +5

    quite the mogul move by Binance to get rid of a competitor

  • @connormachine101gamerkid7
    @connormachine101gamerkid7 10 місяців тому

    i love mogul mail mainly because i can just click a random video, learn recent history on an event, and be given all the context i need

  • @communistkoolaid1745
    @communistkoolaid1745 Рік тому +307

    This is great content, glad Atrioc didn't already do it!

    • @rayraywa
      @rayraywa Рік тому +1

      probably a joke but he streamed yesterday for an hour to do a mini marketing-monday/friday on it. recommend the vod

    • @lykken5396
      @lykken5396 Рік тому +3

      he literally also uploaded a video on it

    • @bunnybear6109
      @bunnybear6109 Рік тому +3

      If Big A had covered this topic I would have been interested, but like you said, he didn’t :/

    • @devanshshringi6826
      @devanshshringi6826 Рік тому

      lmao literally the same videos

    • @teelafire5468
      @teelafire5468 Рік тому

      @Ludwig 🅥 wtf that new bot for me (pretty smart actually)

  • @VIady
    @VIady Рік тому +140

    It was quite a rollercoster ride seeing this pan out real time.

  • @cameronj1174
    @cameronj1174 Рік тому +38

    This was such an amazing breakdown of the whole situation and the added humor made it even better. Didn’t know you had such journalistic ability, Ludwig. Just subscribed

    • @gdogsgdogsgdogs
      @gdogsgdogsgdogs Рік тому +2

      Who is Ludwig? You must be confused, this is Mogul Mail.

    • @mdmrzk
      @mdmrzk Рік тому +2

      Iirc he litteraly did journalism studies

  • @sighl3nt909
    @sighl3nt909 Рік тому

    The Bang Bros reply on the side of the tweet killed me

  • @jackwilliams1468
    @jackwilliams1468 Рік тому +336

    I've gotta just say it, he's far from the most evil man in America.

    • @senatorarmstrong2100
      @senatorarmstrong2100 Рік тому

      Most evil man alive? Man stole money from the middle class families. Thats worse than straight up killing them. They lost everything they had.

    • @akaliotp6766
      @akaliotp6766 Рік тому

      Yeah ur mother

    • @MrJoosebawkz
      @MrJoosebawkz Рік тому

      exactly you have Henry Kissinger, Dick Cheny, W Bush, etc (responsible for the deaths of millions), Rick Scott (defrauded medicare for millions), Joe Biden (is the single biggest reason for why student debt is terrible, also a huge factor in why America has the biggest number of prisoners out of any country, tried to continue segregation, responsible for the deaths of thousands if not more), Trump (self explanatory. although a lot of people don’t know that he had a lot of the main players in the Iran-Contra cartel on his cabinet) Larry Fink, Peter Thiel, Elon Musk (evil billionaire Executives just ruining our lives and making everything worse)
      the list goes on

    • @parazitkolol
      @parazitkolol Рік тому +13

      @Chad 007 No, Oki is a great dude

    • @parazitkolol
      @parazitkolol Рік тому +29

      @@TheMomentNo woosh

  • @NathanielHall
    @NathanielHall Рік тому +8

    I thought that was Ethan Klein in the thumbnail 😂

  • @thatcoolcat12
    @thatcoolcat12 Рік тому +19

    “The whole industry seems incredibly fucked” damn about time the crypto crowd starts acknowledging that

  • @WorldEaterZero
    @WorldEaterZero Рік тому

    Ludwig AD theme rendition is a masterpiece lmao

  • @macaronicheese1737
    @macaronicheese1737 Рік тому +38

    Man don't I love my daily dose of content on crypto collapsing and billionaires screwing themselves over

  • @gachatookthekids
    @gachatookthekids Рік тому +43

    "Nicest" and "Billionaire" are two words that you can't place next to each other.

    • @Interesting_Failure
      @Interesting_Failure Рік тому +8

      You CAN, you just have to remember that the highest value in a group of negative values is still negative.

    • @Dragostorm21
      @Dragostorm21 Рік тому

      @@no-name1.612 didn't bill gates buy one of the covid vaccines and stop it from being freely available to anyone, thus helping covid being an issue?

    • @FizzyCape
      @FizzyCape Рік тому +1

      nicest is a relative term. the nicest billionaire is just more nice than the other billionaires

    • @godlyvex5543
      @godlyvex5543 Рік тому +4

      @@no-name1.612 Those are still pitiful numbers, and at least sam was a proponent of effective altruism. Donating money towards "better healthcare" is such a vague way of putting it, and makes me doubt they're actually doing much to help. Not to mention rich people can change the system much better than everyone else, and can lobby. Why don't you see them lobbying to help the average person? Oh yeah, because that would cut into their profits, and they want to make sure that the only big money they're losing is going to charity... so they can get tax write-offs.

    • @UnknownPerson-cq3qv
      @UnknownPerson-cq3qv Рік тому +1

      Based

  • @jrko0
    @jrko0 Рік тому

    12:52 the bang Bros arena would be a sick name

  • @courtsport255
    @courtsport255 Рік тому

    been really enjoying this type of content! Thanks!

  • @slades_salad
    @slades_salad Рік тому +8

    moral of the story: always trust larry david

  • @chalooby3403
    @chalooby3403 Рік тому +8

    You save me so much time by explaining it all so simply

  • @bean9174
    @bean9174 Рік тому +3

    I cannot tell you how much mogul mail has helped me in business school and keeping up in tech business news

  • @CalculusDaddy
    @CalculusDaddy Рік тому +1

    It’s like when in history an empire just “pops” and breaks apart. It happens slowly, then all at once.

  • @robinthesky6728
    @robinthesky6728 Рік тому +4

    You cannot lump Coinbase and FTX together. They’re very different.

  • @dsouthmonster
    @dsouthmonster Рік тому +27

    He gives off pocket pepperoni energy.

    • @dsouthmonster
      @dsouthmonster Рік тому

      Don't you fucking dare impersonate Lud.

  • @chalooby3403
    @chalooby3403 Рік тому

    Thank you for breaking this down!!!

  • @oniadapt
    @oniadapt Рік тому +16

    I'm slowly convincing my mom that Mogul Mail and Ludwig are two different people.

  • @jeffreysherman8224
    @jeffreysherman8224 Рік тому +3

    He look like the short burglar from Home Alone just in his 20s.

  • @braddeputy
    @braddeputy Рік тому +13

    QT got out of TSM at an amazing time!

    • @super6070
      @super6070 Рік тому

      RIGHT

    • @Raldios
      @Raldios Рік тому

      It's funny cause ba higher up (probably regi) didn't want to fund her events lol.

    • @-ACE.
      @-ACE. Рік тому

      @@Raldios For good reasons. The economy is shit. How does he fund it if sponsors are having tough time economically? He made good decision not to fund it. The team that did recruit her, is basically asking for the people to fund her events by creating a fund for that purpose. I personally would rather donate to funds that actually help get people to hospitals over making events that help content creators. That is just me. Don't get me wrong I do like QT a lot but her dreams don't always align with what helps Esport orgs or the population in general. She just does entertaining events that we love to watch, but are they profitable enough during economy like this?
      As for TSM they will be fine they have Blitz and Swift making profit. Their profits are from Apps and tech, unlike many other Esport orgs, they actually have their own companies.

  • @eddiecalloway3553
    @eddiecalloway3553 Рік тому +1

    This is the most I've ever heard lud sound like Will Neff

  • @TradesbyMatt
    @TradesbyMatt Рік тому

    I love that he is wearing a DONT PANIC shirt for this

  • @squatology7509
    @squatology7509 Рік тому +3

    Thank you for making videos like this. I like to stay up to date with current events and you make it very easy to understand!

  • @MissyGail4eva
    @MissyGail4eva Рік тому +4

    Holy sh*t! From the thumbnail, I thought this was going to be about Ethan Klein, and then the video began, and I was like, "no b*tch, you forgot to put in your contacts again". LMA🙄

  • @evasmojang
    @evasmojang Рік тому

    thanks I watch you and moist for internet news XD

  • @kaiserslacht
    @kaiserslacht Рік тому

    Shoutout to mental outlaw for the airline miles analogy

  • @Noblepeanut
    @Noblepeanut Рік тому +7

    Ludwig seemed zoinked out of his mind in this video lol. Probably just really passionate about the topic, but still find it funny how he seemed to be bouncing off the walls.

    • @robertshank8228
      @robertshank8228 Рік тому +1

      fr bro could not stop moving back and forth 🤣

  • @reyofsunshine0000
    @reyofsunshine0000 Рік тому +3

    Ludwig also forgot to mention that CZ and SBF are beefing. Resulting in CZ selling on the open market. Great business move for Binance as they basically helped in wiping out a competing exchange.

    • @trancepeirce3107
      @trancepeirce3107 Рік тому

      As a non crypto follower what I made out was that CZ headshoted FTX.

  • @10thletter40
    @10thletter40 Рік тому +1

    It is easy to be generous with other people's money
    Especially when you donate it to politicians

  • @mcstench8913
    @mcstench8913 Рік тому +1

    i saw this coming when i was in high school and everyone told me "nah dude crypto is the future, you just dont get it"

  • @jaredc5169
    @jaredc5169 Рік тому +4

    How are people not talking about how Binance is probably doing the same damn thing? I've seen this over and over and over again. I am trying to understand how people still think crypto is a good idea.

    • @RetiredRobot
      @RetiredRobot Рік тому

      Same reason people believe in utopia, I guess, too idealistic.

  • @hooman2459
    @hooman2459 Рік тому +6

    I’m glad Ludwig put a PSA at the start of the video, people really could get fucked over but everything that’s happening.

  • @Nick550
    @Nick550 Рік тому +1

    It's mind bogling that people really thought "well this thing that has no real world value is seemingly valuable, lets throw monet at it".

  • @Yquan151
    @Yquan151 Рік тому

    This video was pure comedic genius, that ending 😂

  • @IHateAnime_
    @IHateAnime_ Рік тому +10

    As someone who is still braindead about all these cryptocurrencies and whatnot, I barely have a clue what's going on, but I'm still entertained bcuz I'm watching Mogul Mail.

  • @KayosxD
    @KayosxD Рік тому +13

    Well to be fair he did give away all his money 😂😂

    • @seeker_of_knowlage3568
      @seeker_of_knowlage3568 Рік тому

      Litiraly

    • @godlyvex5543
      @godlyvex5543 Рік тому

      yeah but this is basically the worst way for him to lose his money, he was originally trying to raise money for effective altruism

  • @MasterhpIke
    @MasterhpIke Рік тому

    The ending though

  • @RafikiMusicc
    @RafikiMusicc Рік тому +1

    I am absolutely here for Ludwig the journalist

  • @manuelgermosen2455
    @manuelgermosen2455 Рік тому +5

    Damn larry's never wrong, need more advise from that guy.

  • @Shady
    @Shady Рік тому +8

    and just like that, lost 99% of my net worth overnight.
    fuck. my. life.

    • @jeanneann3545
      @jeanneann3545 Рік тому +2

      there is nothing possible to do to get any sort of refund once something like this happened? its not like its gradually crash, its just happen overnight.

    • @youraveragepasser-by7367
      @youraveragepasser-by7367 Рік тому +3

      Your fault for putting everything into something as unstable as crypto bro

    • @jeanneann3545
      @jeanneann3545 Рік тому

      @@youraveragepasser-by7367 might be man, but the crypto this time is pretty reputable, so much that even third world country like mine have people invest in it.
      They should at least compensate the victims.

    • @RetiredRobot
      @RetiredRobot Рік тому +3

      @@jeanneann3545 compensate victims? You’re not victims, you willingly bought in knowing the risks.

    • @jeanneann3545
      @jeanneann3545 Рік тому

      @@RetiredRobot dude I don't brought any, I just find it ridiculous people who lost their money aren't getting any help at all. Like I said, they're not some shady company, they're reputable and big company.

  • @lizzetter
    @lizzetter Рік тому +1

    Lud would be a good news reporter. He has the voice

  • @Liamb2179
    @Liamb2179 Рік тому +3

    They were "hacked" by the CEO taking us much money out as he could before they went broke lmao

  • @Thuxo
    @Thuxo Рік тому +11

    Last thing you said is quite accurate. The reason centralized players can mess with a decentralized space is that the media takes advantage of ignorant people and tells them to use centralized products. It's sad

    • @TheStrangeBloke
      @TheStrangeBloke Рік тому +8

      any argument about skirting gov't regulation is always going to be opening the door to loads of very very very skilled sharks who know how to take your money and run.

  • @Goofyahmc
    @Goofyahmc Рік тому +1

    THIS IMPOSTER MUST BE STOPPED!

  • @night5738
    @night5738 Рік тому

    I like these kinds of Ludwig videos a lot

  • @cwix-mf1sb
    @cwix-mf1sb Рік тому +8

    Lud was mid stream when he uploaded this what a grinder

    • @Rant.
      @Rant. Рік тому

      Who is lud

    • @EtymTV
      @EtymTV Рік тому

      Lud..?

  • @bendubs
    @bendubs Рік тому +8

    What you described is actually a 'hot' instead of a cold wallet and Coinbase is both registered with the SEC and doesn't engage in the same risky practices that FTX and Binance do. Big A's video had the facts right

    • @Freeman-bt9od
      @Freeman-bt9od Рік тому

      Amen

    • @bzipoli
      @bzipoli Рік тому +2

      hahhhahahah
      i knew someone was going to defend this somehow, that's not the point he's trying to get across
      you know who was registered with SEC too? Lehman Brothers

    • @godlyvex5543
      @godlyvex5543 Рік тому

      @@bzipoli wtf are you even talking about? did you even read the comment you're replying to?

  • @talwilson3331
    @talwilson3331 Рік тому

    hey bro faded asf and the way you describe is perfect, enjoyed the vid

  • @Ai-kichona
    @Ai-kichona Рік тому

    Im glad your talking about this cause i keep seeing this guy

  • @yadaran9054
    @yadaran9054 Рік тому +14

    3 seconds in but I already know it's gonna be a banger

  • @neutralMusic-gb8ld
    @neutralMusic-gb8ld Рік тому +5

    "Marketing Monday is Better" -Hasanabi

  • @bloodwolf2609
    @bloodwolf2609 Рік тому +1

    this channel is just marketing monday with no cuts

  • @NShomebase
    @NShomebase Рік тому +1

    Man I still didn't really understand all that crypto mumbo jumbo but thank you for the taking the time to try and explain it.

  • @icysdemise3911
    @icysdemise3911 Рік тому +16

    For people looking to really understand what happened here, I highly recommend Atrioc's new video. It's extremely well done and he makes sure to explain baseline knowledge so that he doesn't lose you at any point

  • @zeman156
    @zeman156 Рік тому +10

    Kids blonde hair has kinda grown on me, I think his dream of being a news anchor could become true

  • @amoose8439
    @amoose8439 Рік тому

    There is also the bit about funding foreign wars

  • @jactotum
    @jactotum Рік тому

    Molgus Mail: hey lemme copy ur homework
    Atrioc: sure just dont make it too similar

  • @aiwash2766
    @aiwash2766 Рік тому +20

    Between you, coffeezilla and atrioc I’m a damn expert on this topic already

  • @technetium9653
    @technetium9653 Рік тому +14

    So happy that he just announced he will reimburse everyone who lost money and is bailing the guy out of jail

    • @Rant.
      @Rant. Рік тому

      This is mogul mail

    • @EtymTV
      @EtymTV Рік тому

      Who’s Ludwig..?

  • @agaminbear9766
    @agaminbear9766 Рік тому +1

    Hey Lud, something that could be interesting to cover would be the things going down with IFI (innovation first international, the own rack solutions and hexbugs) recently there has been a lot going down in the FIRST robotics competition community about them, IFI has a terrible work culture (sexist, homophobic, etc ) and their CEO is just a mess.

  • @mortal1558
    @mortal1558 Рік тому

    Holy shit bro. I remember watching that exact video (the video that was at the beginning of the video) a couple of years ago. Shits crazy.

  • @requiemforameme1
    @requiemforameme1 Рік тому +3

    10:41 I honestly thought she was an intern that passed a code test by reading leetcode forums for an hour and bashing her face against the screen. FFS.

  • @jazlivnat4176
    @jazlivnat4176 Рік тому +4

    Nah lets just do what he did but get away with it instead