They also submitted a letter to the court that Danny Masterson was a good guy, while Ashton was leading a charity they founded to help abused women. Pretty much Hollywood hypocrites.
Everyone who claims they will not pass down their wealth are just virtue signallers and tax evaders. In the end, they put their wealth in a foundation that their children use as a trust fund.
I heard “On a side note…” at the end of the video and my mind immediately jumped to the conclusion that WSM was going to pitch us their newest NFT project
Pretty sure this isnt Buterins fault. Looks like it was their idea and of course he would get involved because it would promote the Ethereum platform as something that can be used for utilities like crowdfunding. If anything Id say he got burned more than them
NFTs by themselves aren't bad they are just an authentication link. It's the people who use them that are aholes. There are legitimate companies using them for proper uses like legal documents and audited by proper accounting groups. Except those companies doing the right thing aren't famous and aren't making millions in quick cash scams.
Crazy thing is, blockchain is actually one of the few ways to combat AI deep fake and copyright infringement. But no one trust's it any more because of crypto boyz shills like Logan Paul scamming everyone. So we are going to have to live with the greater of two evils.
One of the problems with NFT shows is that they put the cart before the horse. They make the product to buy before there's a story or characters to get interested in.
The largest hint of it being a scam is that they reserved multiple NFTs for themselves... This is ALWAYS a sign in any crypto that the founders are scammers, that they start themselves off with an advantage.
I mean, it worked. My boomer parents asked me if they should be buying doggie coins and monkey pictures after that commercial started airing, so. Celebrities are generally amoral money pits, I'm sure he doesn't care. He got paid.
I’ve always thought Ashton Kutcher was disingenuous after he said that Mila’s intelligence was the thing he was MOST attracted to about her and that's why they’re together. As if he would date her if she was ugly.
I would think worse of them, if it wasnt that a family member of mine, who is straight moral arrow, has a huge bussiness completely self made, and an eminence in their industry, also almost fell for NFTs. They tried to "sell" the idea to me with "transferable gaming skins", that sounded wrong to me back when I didnt even know what an NFT was, then I researched for 1 hour, and found out what they were saying was impossible. If they believed it, I can imagine NFT scammers EASILY fooling half of Hollywood. 💁 might've been malicious from the start, might've actually believed in it, they destroyed their credibility either way.
I’m half willing to believe that celebrities do stuff like this because they heard stuff like crypto or NFTs were the hot new thing and thought of it more as a promotional tool instead of putting enough thought into it to scam people.
8:37 - I would seriously look into the finances of those two Commissioners (Peirce and Uyeda). NFTs were clearly marketed as an unregistered securities back then.
It does seem like the better option would have been to create the cartoon and then introduce the NFTs for people who were fans enough of the product to want a "piece" of it. At least, if the cartoon itself was the goal rather than part of the gimmick.
“Show about sentient cats”… are cats not sentient irl? I believe they sense perception and are experiencing sensation or feeling. I may be wrong though, as Roaring Kitty once said, I am not a cat.
It depends on one’s philosophy I suppose. There are some interesting Venn diagrams depicting the overlap between sentience, sapience, consciousness, etc.
imdb says he's got 15 actor credits and 7 as a producer, and he's married to a supermodel. that's a whole lot closer to hollywood than most people, including most professional athletes.
Definitely were made to make them money but I don’t think it was made as a scam. I do think there will be things like shows, songs, etc. that will thrive in the NFT space when done right though.
I'd sort of see it, IF the NFT's were reasonably priced compared to the eventual product and were primarily used as secure (and transferable) tickets. There are other, better, ways of crowdfunding an art/media project, but it could actually work. But that doesn't seem to be how they were priced and pitched.
When the first NFT´s have been announced i was like "who the hell pays for this useless trash" The shocking realization set in when i realized that there are plenty of people that stupid and throw money at the hype.
All "use cases" for NFTs are so forced and cringe that it is hilarious. "I'm going to make a convulated way to log in to something or redeem a rewards through a junk NFT to show how useful they are!" Ok.
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So wild that Ashton and his wife, people that have said they will pass no wealth down to their children, scammed common people like this.
They also submitted a letter to the court that Danny Masterson was a good guy, while Ashton was leading a charity they founded to help abused women. Pretty much Hollywood hypocrites.
Everyone who claims they will not pass down their wealth are just virtue signallers and tax evaders. In the end, they put their wealth in a foundation that their children use as a trust fund.
Sounds like lovely people really
$800 to watch a 5 minute cartoon?
Who cares about the credentials; who would be brain dead enough to pay $800 to watch a 5 minute cartoon 😮
everyone that bought these expected someone elese would want to buy it from them at considerable profit.
@@mathewomolo Also known as 'The Greater Fool Theory'.
I heard “On a side note…” at the end of the video and my mind immediately jumped to the conclusion that WSM was going to pitch us their newest NFT project
He's not like Jake Tran
@@blastingoffhe will certainly invite you to masterworks tho
All these celebrities stepping outside of what got them famous always sets off my red flags. Especially if they’re asking for money.
George Clooney made like a half billion on tequila. Ryan Reynolds had gin.
Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.
If you cannot be happy with a cup of coffee, you will not be happy on a yacht....
Ashton & Mila are so bad at picking friends haha
Tells you something about them if these are their friends
@@Beck-tr7dd obsessed with a quick buck and seeming intelligent
They are the Softbank of friendship,catching L's left and right.
are they? ashton is a mediocre actor but his net worth is 1/5 of a billion
Pretty sure this isnt Buterins fault. Looks like it was their idea and of course he would get involved because it would promote the Ethereum platform as something that can be used for utilities like crowdfunding. If anything Id say he got burned more than them
i wonder why people actually thought NFTS were a good idea? because to me, NFTS are a solution looking for a problem to solve.
NFTs by themselves aren't bad they are just an authentication link. It's the people who use them that are aholes.
There are legitimate companies using them for proper uses like legal documents and audited by proper accounting groups. Except those companies doing the right thing aren't famous and aren't making millions in quick cash scams.
You’re right but you will get replies from NFT monkeys defending them
Perfect way to put it. I think the technology will be useful eventually, not like this though.
Crazy thing is, blockchain is actually one of the few ways to combat AI deep fake and copyright infringement. But no one trust's it any more because of crypto boyz shills like Logan Paul scamming everyone. So we are going to have to live with the greater of two evils.
people are dumb. thinking nfts were a good idea is just one of many incorrect things dumb people believe. i'm sure you can think of a list of others.
Never ceases to amaze me and my team how people fall for this stuff. Good job on continuing to expose these scams.
My favorite family guy episode is when Meg was running a crypto scam for P-Coin
Everybody is a financial genius, until they lose money.
One of the problems with NFT shows is that they put the cart before the horse. They make the product to buy before there's a story or characters to get interested in.
NFT is one of the biggest scam in 2022.
Ever.
Insane how people are willing to put a lifetime's worth of reputation into the ground for some extra money.
Didn't hurt them because people want these people to be their gods
The largest hint of it being a scam is that they reserved multiple NFTs for themselves... This is ALWAYS a sign in any crypto that the founders are scammers, that they start themselves off with an advantage.
Matt Damon lost so much respect for doing that commercial that effectively called people pussies if they didn't buy crypto at the peak of the bubble.
Himself is the biggest p….
I mean, it worked. My boomer parents asked me if they should be buying doggie coins and monkey pictures after that commercial started airing, so. Celebrities are generally amoral money pits, I'm sure he doesn't care. He got paid.
I don't understand; he was an actor paid to be in a commercial
Matt Damon wasn't the brains of the scam. Probably Sam Bankman Fried and his sexy girlfriend!
Matt Damon was an actor hired for a commercial. These two were pitching their own project.
Was I the only one not expecting the jumpscare around 1:38??
"What is decentralization?" - Literally every single Crypto, except Bitcoin, is run by a company/few people in charge. That is not decentralization.
*coughs in winklevoss twins*
Those NFT holders’ money was never “lost”, it just got transferred
You’re right. From dumb people to smart people. The way money always moves.
From the greedy naive to the fraudster.
I’ve always thought Ashton Kutcher was disingenuous after he said that Mila’s intelligence was the thing he was MOST attracted to about her and that's why they’re together. As if he would date her if she was ugly.
Mila doesn't appear to be intelligent, so he quite literally might be saying that he loves her because she's stupid and malleable
😂🤣savage
I would think worse of them, if it wasnt that a family member of mine, who is straight moral arrow, has a huge bussiness completely self made, and an eminence in their industry, also almost fell for NFTs. They tried to "sell" the idea to me with "transferable gaming skins", that sounded wrong to me back when I didnt even know what an NFT was, then I researched for 1 hour, and found out what they were saying was impossible. If they believed it, I can imagine NFT scammers EASILY fooling half of Hollywood.
💁 might've been malicious from the start, might've actually believed in it, they destroyed their credibility either way.
I’m half willing to believe that celebrities do stuff like this because they heard stuff like crypto or NFTs were the hot new thing and thought of it more as a promotional tool instead of putting enough thought into it to scam people.
A lot of celebs also missed a lot of schooling as kids to be actors so are more likely to be dumb dumbs who actually believe in this stuff
8:37 - I would seriously look into the finances of those two Commissioners (Peirce and Uyeda). NFTs were clearly marketed as an unregistered securities back then.
Sentient.
Regular cats are also sentient.
Perhaps self-aware? Somewhat anthropomorphic? Idk.
People was'nt there to watch the show, Just to especulate.
Famous actors and personalities endorsing the Fyre Festival of the moment... why things never change?
Cuz people keep falling for this shit lol
AaaaaaaAnd it's gone
Ever if I was a billionaire and really, really stoned I wouldn't spend $800 to 'own' a crappy cartoon picture of a cat.
It does seem like the better option would have been to create the cartoon and then introduce the NFTs for people who were fans enough of the product to want a "piece" of it. At least, if the cartoon itself was the goal rather than part of the gimmick.
Dammit Meg
Good video as always, but the audio levels kept dropping in weird places. Not sure if it's just on my device
standing up your own website and taking credit cards is WAY WAY WAY harder than creating an NFT.
How did they not cringe talking about this in public.
Lol they knew exactly what they were doing
“Show about sentient cats”… are cats not sentient irl? I believe they sense perception and are experiencing sensation or feeling. I may be wrong though, as Roaring Kitty once said, I am not a cat.
It depends on one’s philosophy I suppose. There are some interesting Venn diagrams depicting the overlap between sentience, sapience, consciousness, etc.
What could pooooosibly go wrong
Don’t you mean “What could paws-ibly go wrong?”.
Amongst all the other NFT scams, I had not heard of stoner cats!
This was most definitely a scam. As someone who has been through a few market cycles in crypto i have seen scams and this is definitely one
Same been part of multiple cycles and when a celebrity pitches something new, you can safely assume it's a scam
it's ok for ashton and mila. they have no more fanbase to lose anyway
Tom Brady isn't Hollywood. And Taylor Swift said "No thanks!"
imdb says he's got 15 actor credits and 7 as a producer, and he's married to a supermodel. that's a whole lot closer to hollywood than most people, including most professional athletes.
"There's a sucker born every minute..."
$800 for 5 minutes "entertainment"? SHUT UP AND TAKE MY MONEY!
Definitely were made to make them money but I don’t think it was made as a scam. I do think there will be things like shows, songs, etc. that will thrive in the NFT space when done right though.
NFT have no utility whatsoever.
To quote Tool's The Pot: You must have been high, boy, you must have been soooo high.
Mr Buterin looks like if you asked an AI to draw you a picture of “An NFT investor.” 🤣
Why did this project get fined by the SEC but thousands of other NFT projects were allowed to keep trading?
The SEC's resources are very limited - prosecution is expensive. They can only go after the most public projects.
@@vylbird8014 if they went after opensea they could take down all the nft.
Genuinely can't tell if the narrator just has "one of those voices" or if it's an AI voice.
Quite asinine to imply that Ashton, Mila or Vitalik needed the money. It was obviously an experimental project for NFTs.
1:21, "shut up! Meg!".
- Peter Griffin
As your voice bot said sounds like a celebrity “pet project”
Mila Kunis is now officially a "Bad Mom" 😞
Mila talking about decentralization….Shut up Meg!😂
I still remember that scene with Mila from American Beauty so she gets a pass.
I think limiting the mint, was unnecessary. Apart from that, I don't see an issue.
Ashton like: You are being Punkd.
ofc they're gonna jump on the grifting, while it lasts you know!
Absolutely used their fanbase to earn. Did not care that they would all get burned.
they are going to get sued.
Most people seem willing to accept anything but the truth.
These Hollywood elites are something very unique 💯🤡
So $800 to watch a series of 5 min web cartoons? Sounds like a great business model.
The main reason I like this channel is that your skin is millennial but your thinking is skeptical like W. Buffett
1:40 - that guy looks like a zombie, like sunlight burns and he craves human flesh D: he can’t be healthy, worse than a smoker
what are the 2 dissenters in the SEC smoking?
I'd sort of see it, IF the NFT's were reasonably priced compared to the eventual product and were primarily used as secure (and transferable) tickets. There are other, better, ways of crowdfunding an art/media project, but it could actually work. But that doesn't seem to be how they were priced and pitched.
"some people made money most people lost money" sounds like it's just another way of trading.
When the first NFT´s have been announced i was like "who the hell pays for this useless trash"
The shocking realization set in when i realized that there are plenty of people that stupid and throw money at the hype.
Mila being scammed like Meg hahaha
Here is a thing.
I will not sell it to you.
I will sell you a link to the thing.
And you will get rich.
Or I will.
I don’t understand why people spend money based on what celebrities say. Where is the common sense and critical thought?
It's morally wrong to allow a sucker to keep his money.
W. C. Fields
Idk how ppl fell for buying jpegs for even over .01 cent.
How stupid can ppl be to buy pictures on the internet?
It is criminal
For $1, I’d give it a look. For $800, I’ll pass lol
Promoting nfts should be as illegal as promoting smoking. It's just too scammy and The negative side effects show up alot faster than with smoking.
"A show about sentient cats" ... I don´t think you know what sentient means lmao
Celebrities are now grifters, i suppose. That's where we are.
Why would you take financial advice from celebrities?
All "use cases" for NFTs are so forced and cringe that it is hilarious.
"I'm going to make a convulated way to log in to something or redeem a rewards through a junk NFT to show how useful they are!"
Ok.
How many people are household names because they made a pile of money for a bunch of regular folks?
Yeah.
So… is this why we never got a Dude Where’s My Car sequel?
Why is ASTHON in every shady story? ^^
It's a money laundering scheme and earn some Incentive along the way, but the music has stopped, do a video about the death of NFT.
People just got bored and the pyramid collapsed
So, of this trio, one is a Russian freak, the other is a Russian Jew and the third is... Bruce Willis' son? Sounds totally legit to me.
Cringeworthy indeed. Jesus, I miss the days when actors, entertainers and musicians couldn't talk as freely.
Jack Dorsey is also a scammer on this scheme.
You gotta be high to buy into this.
There are always dumb people to allow this kind of BS to happen.
To all of you crypto 'bros'- crypto is USELESS and you deserve to lose money...
gotta shill dat service at the end
I love this channel
"Sentient house cats" as opposed to what, brain dead house cats?
This is the internet bubble 2.9
Guess we got Punk'd!
Damn It Meg !!!
I learned my lesson, 800 dollars for NFT is too much. I promise to buy your NFT for no more than 50 dollars at most.
Vitaboy should've known better ... but hes human and can be forgiven 😅
With this logic we wouldnt need prisons or even laws - we are all humans, we can be forgiven right?
No sympathy for the gullible, ....or should I say the greedy??
So vitalik is kutchers babe
Good old SBF destroyed the credibility of crypto