I found it really strange that you didn’t mention Monero. Bitcoin and most other cryptocurrencies aren’t intended to be private. Most people buying or selling drugs don’t even use bitcoin anymore because of this.
not at all considering it was 2010 in the shows timeline when he had the 80 millon and btc was worth less then a cent per coin that year he would had bought so much fucking bitcoin idk why this dude is using 2021 prices of btc
5 days ago you had 8k subs , today you've already doubled that. That's amazing and not at all surprising given the quality and effort you put into your videos. UA-cam algorithm was kind enough to recommend one of your videos and i was instantly hooked, keep up the good work.
Bitcoin mixers are not that great though, its very expensive, especially with that kind of money. It's probably smarter to exchange the BTC to monero and then back to BTC. It's cheaper and safer (BTC mixers are often scam).
@@philcooper9225 Where he has to mortgage his house, sell all of his belongings, and work 3 jobs for the rest of his impoverished life to pay for treatment. So its a lose lose.
@@antiqueantique7786 Not wanting to work for his survival, Walter stays in Canada where he progresses from stage 2 to stage 4 on a waitlist and by the time he gets treatment, its too late. In your heart you know nothing is ever free. If you doubt that, ask a gen x you trust and they can explain why.
I love how governments hate crypto for "money laundry", yet banks throughout the world commit this act daily and when caught they get a minor fine. Lets be honest, such a small fine means the governments sanction the act by getting a kickback.
Taxes are a fine for doing things "right". Fines are a tax for doing things "wrong". Billion dollar corporations and banks pay their .01% tax and are happy about it.
Relatively new channel, with very few (8) episodes, would be my guest. Still, 4.71k subs. In fact, having so many subs and views for so few episodes, is actually impressive.
Generally when you deal in any illicit good, heavy volume discounts are given. If they're selling gram quantities for $60, they would not be selling 50 pound quantities at $60/g. 50 pounds would more realistically sell for $25k to $30k.
one note when dealing with bitcoin: it is not fully anonymous, so any attempt to launder money would be the same as the car-wash example. it would be better to use Monero for it actually hides the sender and recipient automatically, not just makes one-time pseudo-anonymous id's (as you stated with bitcoin wallets) which can, yes, be backtracked to the origin. by FBI or anyone else with the time and money to do correlation attacks. also question, how do you think they find out they were "illicit" purchases? also mixers are a good thing due to it increasing the fungibility (the ability for 1 dollar to equal 1 dollar) of bitcoin (the actual ability to use them, cause the ones "caught" by the cops gets a permanent record and thus are worth less than "virgin" bitcoins). Hope you have a great day & Safe Travels!
doesnt matter if you use monero. When fbi ask you where you got 1.3 milion usd from, you need to be able to proove the source of the funds. " i got them from a friend" Then you have to show fbi who your friend are and als he will have to show reciept of the funds he sent you. You cant just make the transaction anonomous and think fbi ill not charge you for money laundering. Proof of work and proof of funds is what you need to explain.
WHY does this video only have 8k views? BRUH The amount of work you're putting in is way way more than other youtubers. I hope this channel goes to trending section :D
Great video! But I think it would have been interesting to look at how Walter would have managed back around the time the show aired (2008-2013), because things were definitely different back then, and I can think of a few different ways to do it which would've worked back then.
The biggest factors would be a) bitcoins were super cheap. Maybe 10s or only 100s of dollars, if even that. b) were there even enough bitcoins in existence to make up the 18m he had burred?
He wouldn't have sold 50lbs at 60 per g. That's what the dealers who get it from the dealers who bought it from ol Walt would've sold it for. He would've sold it for much less due to bulk pricing duscounts
Laundering funds through crypto is complicated if not impossible at higher values. You have to find a seller or sellers(s) who will be willing to trade on a darknet market or non-kyc exchange. These exchanges simply do not have that Liquidity. Not to mention the element of trust involved, sending parcels of cash by mail hoping they don't get stopped on the way or meeting a complete stranger in person with huge stacks of cash. This hypothetical scenario of yours just skips many important details that would make it impossible.
Just pay a travel agency in Asia the $80 million dollars. Go to Macau where you'll get that much in casino chips. Gamble a bit tax free. Agency takes their cut, Casino takes a bit of money you lost, and you're likely left with $70 million dollars in clean cash to spend. You look like a hotshot gambler, and can invest that money in legitimate businesses, real estate, or low-risk annuities and index funds. You've diversified, and have growing wealth to take care of your family for generations to come.
My question would be if one possessed $80,000,000.00 cash why not open a bank? If i wanted to buy I'd borrow the money then once everyone is happy aboit the cash I'd simply pay off my loan because i own the bank....
Wonderful video, thank you for the content. The dude should work on his sneakers work though - he's looking clean and neat otherwise, but those shoes be ruining it all
I adore breaking bad, but always thought Walter White was just a dorky 50 something trying to be cool...the hat and Star Trek inspired "evil alter ego" goatee 100% confirmed it.
i don't understand - how is an enormous amount of fiat that i got for selling bitcoin better than fiat from illegal activities? the usd isnt directly linked to an illegal business anymore but that wouldn't stop the IRS to question how i got all this money
Wouldn't it be better to buy mining equipment with cash, and rent a decommissioned factory with existing power infrastructure? He could choose a area close to a hydropower plant for cheap electricity. Then he could rent it out to a third party for a cut of the virgin crypto. Another solution could be to set up a bunch of companies and lease single rooms in office complexes. Buy mining equipment and put it in a locked closet and run it 24/7 . Afterwards he could rent out the office space to legit businesses. The invoices to the power company would be so small that they could easily be paid in cash by smurfs who visits different banks.
I'm so glad you didn't give any kind of spoiler alert but you gave away the entire story and ending... thanks... oh well good thing I've seen it at least and for anyone else... spoiler alert since this guy ^^^ didn't give one.
One very unrealistic thing in the BB series : meth doesn't sell for $35000 a pound, and regardless of whether you sell 50lbs or just one ! Over here in the EU, even high-grade and top of the line shit like WW makes doesn't for go for more than 5000€ where I'm at (which as the end of the european supply pipeline), and that's for a K (which is 2.2lbs for those people stuck in the 19th century who cannot even, do basic mental calculations) ! Can't really say for US prices, but even if you factor in shipping costs, the fee to bribe customs people and longshoremen to look the other way, and allowing for a 10% loss due to the inevitable seizures by LE, it still doesn't even come close to 35 grand ! :/ I dunno why they felt the need to be so liberal with the prices, but it's always bothered me to no end ! :(
When I was younger, I worked on a PI job in which we actually kept an eye on a carwash. We would keep track of how many cars actually used the service to see if his books were straight. Boring!
He said the pizza was worth it. Plus Walter should buy XRP if he wants to be a good criminal. Then become an artist where you sell invisible art to companies as an investment, he already had the hat
5:59 Absolutely loved the hypothetical idea in the video only problem for me was at the. Timestamp. Law abiding nowadays isn't a virtue. That said you're going down as a UA-cam Legend
That figure for the car wash doesnt include expenses of operating. If you have a gross profit or 95%, it is highly suspicious. If you have a gross profit of 30%, its more believable.
laundering money into crypto means you have to find and trust these OTC brokers. It would be best to go offshore and use a bank in a tax haven or country that has low regulation and good banking secrecy laws... The HSBC bank in mexico city processes the sinoloa drug cartel money for el chappo, the trick is to smuggle the cash into mexico...
I found it really strange that you didn’t mention Monero. Bitcoin and most other cryptocurrencies aren’t intended to be private. Most people buying or selling drugs don’t even use bitcoin anymore because of this.
Monero is literally the go to when it comes to anonymity.
And not even to mention pirate Chain which is even more private than monero
Bitcoin is the best think to happen to the FBI monero is safer
Where can I buy monero
@@arsio5841 if you have to ask that, then you’re not smart enough to use monero to launder money
Really high quality content, I hope the algorithm will pick up the channel!
Thank you for the support. We hope so too! -Bradley
It did
yep
guess what it did
Algorithm have Listened to your demand and bring him to me
Walter be like :
_I bought a lot of bitcoin when it was cheap, and then it blew up, and Now I'm rich_
He would be trillionaire if he had 80 million bitcoin when it was a dollar.
@@bleezebubmods except that there are only 20 million bitcoin in existence so he would own every single btc
@@TheLordisick making it never blow up.
Walter would’ve just lost $40mil in Bitcoin in the last 2 months….
Should've laundered through Doge. -Elon Musk
@@Sumsubcom …to the moon!
not at all considering it was 2010 in the shows timeline when he had the 80 millon and btc was worth less then a cent per coin that year he would had bought so much fucking bitcoin idk why this dude is using 2021 prices of btc
@@areza5829 because it's just a thought experiment using Walter White, a fictional character, as an example case to make it interesting
@@A_Casual_NPC thats not what i asked tho
5 days ago you had 8k subs , today you've already doubled that. That's amazing and not at all surprising given the quality and effort you put into your videos. UA-cam algorithm was kind enough to recommend one of your videos and i was instantly hooked, keep up the good work.
What a strange way to spell 'Leftist censorship trollers' lmao they're tricked you all into blaming math for what humans decide lmao
subscriber laundering
Channels with a million subs don't even have your quality wtf bro I'm glad to be among the first 10k subs of this channel claim your badges here.
👍
*claims ticket*
Same here
Bitcoin mixers are not that great though, its very expensive, especially with that kind of money. It's probably smarter to exchange the BTC to monero and then back to BTC. It's cheaper and safer (BTC mixers are often scam).
Canadian Breaking bad:
"You have cancer, but don't worry, it's covered".
And then he never gets a chance to get seen by a doctor due to the overcrowded medical system and just goes to America for treatment lmao
@@philcooper9225 Where he has to mortgage his house, sell all of his belongings, and work 3 jobs for the rest of his impoverished life to pay for treatment. So its a lose lose.
@@antiqueantique7786 Not wanting to work for his survival, Walter stays in Canada where he progresses from stage 2 to stage 4 on a waitlist and by the time he gets treatment, its too late. In your heart you know nothing is ever free. If you doubt that, ask a gen x you trust and they can explain why.
@@Greg-yu4ij universal healthcare is a superior form of the current healthcare, but sure, enjoy paying 5000% gain medical treatments.
I love how governments hate crypto for "money laundry", yet banks throughout the world commit this act daily and when caught they get a minor fine. Lets be honest, such a small fine means the governments sanction the act by getting a kickback.
Taxes are a fine for doing things "right".
Fines are a tax for doing things "wrong".
Billion dollar corporations and banks pay their .01% tax and are happy about it.
How the hell does this have so few views !
Spread the word! We're not stopping any time soon!
Relatively new channel, with very few (8) episodes, would be my guest. Still, 4.71k subs. In fact, having so many subs and views for so few episodes, is actually impressive.
@@SapioiT And 3 weeks later he is up to 34.3K subscribers. Going good @Sumsub :)
@@alistairwright965 Such is the way viral shows go.
@@SapioiT Yep! Best of luck to the guy!
Generally when you deal in any illicit good, heavy volume discounts are given. If they're selling gram quantities for $60, they would not be selling 50 pound quantities at $60/g. 50 pounds would more realistically sell for $25k to $30k.
Great content, thanks Seytonic !
i came from the seytonic vid and subbed nice vid
Meanwhile Soul Goodman : I know a guy who knows a guy who knows a guy x69....
He is a computer guy he can do such things in a minute.
one note when dealing with bitcoin: it is not fully anonymous, so any attempt to launder money would be the same as the car-wash example. it would be better to use Monero for it actually hides the sender and recipient automatically, not just makes one-time pseudo-anonymous id's (as you stated with bitcoin wallets) which can, yes, be backtracked to the origin. by FBI or anyone else with the time and money to do correlation attacks. also question, how do you think they find out they were "illicit" purchases? also mixers are a good thing due to it increasing the fungibility (the ability for 1 dollar to equal 1 dollar) of bitcoin (the actual ability to use them, cause the ones "caught" by the cops gets a permanent record and thus are worth less than "virgin" bitcoins).
Hope you have a great day & Safe Travels!
doesnt matter if you use monero.
When fbi ask you where you got 1.3 milion usd from, you need to be able to proove the source of the funds.
" i got them from a friend"
Then you have to show fbi who your friend are and als he will have to show reciept of the funds he sent you.
You cant just make the transaction anonomous and think fbi ill not charge you for money laundering.
Proof of work and proof of funds is what you need to explain.
lately UA-cams finally been suggesting awesome new channels
One of the greatest channels on UA-cam. I hope this keeps the algorithm happy.
Thank you for the great videos
Start adding subtitles for non native english speakers. Loved your content man.
Shivansh, which language would you like? It might be possible.
Great content mate. Subscribed and looking forward to seeing more.
Thanks James, stay tuned!
high-quality production don't stop making these kind of videos your channel will pick up by yt algo very soon.. good luck mate
Cheers!
Only a matter of time until this channel booms. Absolute quality stuff here pal
Wait, this channel only has 8k subs?! This content is insanely high quality!
We've got a great team working on it day and night!
@@Sumsubcom oh wait it's not just you? Oof
Got this video In recommended ones, loved it! 🤩
I’m really glad I found your channel so early. So I can say “I was there from the beginning” when you reach 2m+ subscribers.
WHY does this video only have 8k views? BRUH
The amount of work you're putting in is way way more than other youtubers. I hope this channel goes to trending section :D
So do we!
Very cool channel underrated production!
Please keep it up as you are, man. Extremely high quality content and I subscribed in a heartbeat. You’ll get picked up soon enough.
Thank you for the support Shohei!
@@Sumsubcom 284k congrats
Love your channel, needs more subs
Great video! But I think it would have been interesting to look at how Walter would have managed back around the time the show aired (2008-2013), because things were definitely different back then, and I can think of a few different ways to do it which would've worked back then.
The biggest factors would be
a) bitcoins were super cheap. Maybe 10s or only 100s of dollars, if even that.
b) were there even enough bitcoins in existence to make up the 18m he had burred?
art... best way to launder money.... you can make a stickman on paper and say it cost 10k 😂
Great content! Glad seytonic sent me here
I liked the video.. The editing style and animations really sells the high quality content you have... Best wishes for future. 👍
I kinda like that he has a random ass creepy garage to record this in lmao
First time i found this channel from the quality i thought he had millions of subs! Just keep on going sumsub, we believe in you, keep up the content.
Gawd How underrated are you mahn.
The Almighty UA-cam Algo brought me here, quality content! I hope it continues. Criminally underrated channel. Pun intended
Sorry for the imposter who was just here. I am the real Sum.
Well, Bradley, actually. Thanks for your support. :)
wow perfectly formulated content as if Walter made it himself. feeling accomplished to be among the early ones to find this channel.
Shukran brother. Welcoming you to our channel. :)
@@Sumsubcom cmon thats racist. im asian
@@Sumsubcom jk its not racist
this mans vids are so organized and well thought out i love em
Cheers bro!
This is my new favorite channel. Keep up the good work!
Thank you IMPOSTER
if walter had bought BTC when it was at a fraction of a penny, he would've only needed to spend like 500k and he'd be set for life.
He wouldn't have sold 50lbs at 60 per g. That's what the dealers who get it from the dealers who bought it from ol Walt would've sold it for. He would've sold it for much less due to bulk pricing duscounts
jesus christ this is so high quality for 20k subs
Thank you for the support!
best how-to video ever
How does this video not have 100k+ views? It's so high quality
I accidentally stumbled on Walter's barrel and inside it I found this channel. Subbed!
Cheers, Edd!
The content is so good I'm watching this video twice
Sorry about that imposter who just commented. Thank you for your support!
High quality content
Keep it up my friend!
Thank you! Great to have you on board 😁
I jus want to see this channel blow uppp 🚀 I've really loved the content
Going from fiat into crypto back to fiat doesn't even make sense.
Laundering funds through crypto is complicated if not impossible at higher values. You have to find a seller or sellers(s) who will be willing to trade on a darknet market or non-kyc exchange. These exchanges simply do not have that Liquidity. Not to mention the element of trust involved, sending parcels of cash by mail hoping they don't get stopped on the way or meeting a complete stranger in person with huge stacks of cash.
This hypothetical scenario of yours just skips many important details that would make it impossible.
ur clueless lmao
@@OutlineUtils Do you even know what liquidity is?
Your videos are really good. I hope you grow quickly.
Just pay a travel agency in Asia the $80 million dollars. Go to Macau where you'll get that much in casino chips. Gamble a bit tax free. Agency takes their cut, Casino takes a bit of money you lost, and you're likely left with $70 million dollars in clean cash to spend. You look like a hotshot gambler, and can invest that money in legitimate businesses, real estate, or low-risk annuities and index funds. You've diversified, and have growing wealth to take care of your family for generations to come.
I see you have got that all worked out...🙈🙉🙊
@@TKOin2life This is way too simplified of course! Haha
The writers of Breaking Bad in their deathbed when they realize they forgot to account for crypto and gaming:
😳
this channel deserves a lot more attention
Great content! 👍
Thank you Alexander. :)
Håller med… En ny favorit
Your content is phenomenal, out of interest what did you study at university?
Aye ben10's grandpa's Van is in the end animation
Awesome content really happy that UA-cam suggested your channel to me !!!
Great channel - very underrated.
Spasibo drug
You know that you dont pay street prices when buying that much?
New subscriber, great content
1Mil subscribers for sure. Keep going 👍
VERY high quality content. Tyvm 🙏
My question would be if one possessed $80,000,000.00 cash why not open a bank? If i wanted to buy I'd borrow the money then once everyone is happy aboit the cash I'd simply pay off my loan because i own the bank....
And you plan to open a bank with banknotes? ;)
Wonderful video, thank you for the content. The dude should work on his sneakers work though - he's looking clean and neat otherwise, but those shoes be ruining it all
Love your contents. Really high quality and creative. very soon you will cross 1M subs. Love from Sri Lanka 😍😍
I adore breaking bad, but always thought Walter White was just a dorky 50 something trying to be cool...the hat and Star Trek inspired "evil alter ego" goatee 100% confirmed it.
High quality video, keep it up man
Cheers mate! It's just the beginning. :)
@@Sumsubcom By the way, be careful there are scammers under your comments. I already reported a few of them.
There is an equation that can detect when companies are cooking the books, I think it was used to detect Enron's actions.
i don't understand - how is an enormous amount of fiat that i got for selling bitcoin better than fiat from illegal activities?
the usd isnt directly linked to an illegal business anymore but that wouldn't stop the IRS to question how i got all this money
This thumbnail feels so unreal, what timeline are we in 💀
Is this a greenscreen recording? If so it's very well done.
Actually no, we filmed this in my mate's old garage ahahaha
Always great to see the explanation. So clear n details!
Wouldn't it be better to buy mining equipment with cash, and rent a decommissioned factory with existing power infrastructure? He could choose a area close to a hydropower plant for cheap electricity. Then he could rent it out to a third party for a cut of the virgin crypto. Another solution could be to set up a bunch of companies and lease single rooms in office complexes. Buy mining equipment and put it in a locked closet and run it 24/7 . Afterwards he could rent out the office space to legit businesses. The invoices to the power company would be so small that they could easily be paid in cash by smurfs who visits different banks.
I'm so glad you didn't give any kind of spoiler alert but you gave away the entire story and ending... thanks... oh well good thing I've seen it at least and for anyone else... spoiler alert since this guy ^^^ didn't give one.
Yes, good point.
One very unrealistic thing in the BB series : meth doesn't sell for $35000 a pound, and regardless of whether you sell 50lbs or just one !
Over here in the EU, even high-grade and top of the line shit like WW makes doesn't for go for more than 5000€ where I'm at (which as the end of the european supply pipeline), and that's for a K (which is 2.2lbs for those people stuck in the 19th century who cannot even, do basic mental calculations) !
Can't really say for US prices, but even if you factor in shipping costs, the fee to bribe customs people and longshoremen to look the other way, and allowing for a 10% loss due to the inevitable seizures by LE, it still doesn't even come close to 35 grand ! :/
I dunno why they felt the need to be so liberal with the prices, but it's always bothered me to no end ! :(
When I was younger, I worked on a PI job in which we actually kept an eye on a carwash. We would keep track of how many cars actually used the service to see if his books were straight. Boring!
He said the pizza was worth it. Plus Walter should buy XRP if he wants to be a good criminal. Then become an artist where you sell invisible art to companies as an investment, he already had the hat
Lovely ☺️ u will grow
Thanks Joaquim. We are the flower, you are the water. Keep watering. :)
Here before this channel becomes big
I still don’t understand how you have just 40k subs
It's a niche. What can I say? :)
Upvoting comment! UA-cam get this to populars.
5:59
Absolutely loved the hypothetical idea in the video only problem for me was at the. Timestamp.
Law abiding nowadays isn't a virtue.
That said you're going down as a UA-cam Legend
Cheers mate! 👍
That figure for the car wash doesnt include expenses of operating. If you have a gross profit or 95%, it is highly suspicious. If you have a gross profit of 30%, its more believable.
Didn't really explain the actual way to buy cryptocurrency without an exchange or send cryptocurrency back to exchange.
It depends what timeline in Bitcoin we are talking about. Then money laundering would not really work right away.
But how... wifi fucks up in the seemingly worst moment every lol.
I'm from Seytonic!!
Rewatched BB recently and could help but think all the time - all his trouble is because of cash. If we was trully genius, he would store it in BTC
how don't you have 1 mil subs yet
Cool video man
Cheers Ram :)
He could have acquired a chain of carwashes, like Fring had a chain of restaurants.
laundering money into crypto means you have to find and trust these OTC brokers. It would be best to go offshore and use a bank in a tax haven or country that has low regulation and good banking secrecy laws... The HSBC bank in mexico city processes the sinoloa drug cartel money for el chappo, the trick is to smuggle the cash into mexico...
Great video, thanks!
Pizza joint is one of the best...
fucking dying at the thumbnail
If you want to be less tracable use monero
walter should have invested in monero which is actually anonymous
This is why you should use shell companies at the end 😂😂😂😂
His modem would have been way to slow. lol
quality and interesting content but how convert from cash to bitcoin?
cash to bank
bank to exchange
from exchange -> buy BTC