Uploaded January 2022 | Updated September 2026, 1 week ago
If someone pitches you on a "great" Web3 project, ask them if it requires buying or selling crypto to do what they say it does.
Sources and Further Reading
web3isgoinggreat.com
tante.cc/2021/12/17/the-third-web
davidgerard.co.uk/blockchain/2021/03/11/nfts-crypto-grifters-try-to-scam-artists-again
amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme
stephendiehl.com/blog/crypto-absurd.html
blog.mollywhite.net/blockchains-are-not-what-they-say
motherjones.com/politics/2021/11/who-goes-crypto-eth-bitcoin-etc-financialization-gamestop-class-wealth
twitter.com/davetroy/status/1478017698676228099?s=20
davidgolumbia.medium.com/cryptocurrency-is-garbage-so-is-blockchain-3e80078e77fe
marker.medium.com/fintech-is-a-scam-a-listicle-in-eight-parts-7b6161f3a35a
naavik.co/business-breakdowns/axie-infinity/#axie-decon=
gawker.com/culture/the-future-is-useless-expensive
twitter.com/NFTtheft
theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488
https://www.gamesindustry.biz/articles/2021-11-05-baseless-nft-hype-hits-a-crescendo-but-its-play-to-earn-thats-worth-watching-opinion
technollama.co.uk/platform-is-law-the-cautionary-tale-of-stolen-nfts
davidgerard.co.uk/blockchain/2021/02/12/libra-shrugged-chapter-6-banking-the-unbanked
twitter.com/Bitfinexed
Written and performed by Dan Olson
Crowdfunding: patreon.com/foldablehuman
Twitter: twitter.com/FoldableHuman
00:00:00 Preface
00:01:12 0. In 2008 The Economy Collapsed
00:07:09 1. Bitcoin
00:18:18 2. Ethereum
00:24:34 3. The Machine
00:39:07 4. NFTs Exist To Get You To Buy Crypto
00:57:54 5. The Unbearable Cringe Of Crypto
01:11:46 6. A Self-Organizing High Control Group
01:16:57 7. Crypto Reality
01:25:36 8. There Is No Privacy On The Chain
01:32:52 9. If This "Looks Like Scam" Then Every NFT Room I'm In Looks Like Scam LOL
01:38:29 10. Play To Earn Exists To Get You To Buy Crypto
01:46:39 11. We're All Gonna Make It And By "We" I Mean "Us" Not You
01:56:08 12. DAOs Exist To Get You To Buy Crypto
02:13:21 13. I Know It's Rigged, But It's The Only Game In Town
If someone pitches you on a "great" Web3 project, ask them if it requires buying or selling crypto to do what they say it does.
Sources and Further Reading
web3isgoinggreat.com
tante.cc/2021/12/17/the-third-web
davidgerard.co.uk/blockchain/2021/03/11/nfts-crypto-grifters-try-to-scam-artists-again
amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme
stephendiehl.com/blog/crypto-absurd.html
blog.mollywhite.net/blockchains-are-not-what-they-say
motherjones.com/politics/2021/11/who-goes-crypto-eth-bitcoin-etc-financialization-gamestop-class-wealth
twitter.com/davetroy/status/1478017698676228099?s=20
davidgolumbia.medium.com/cryptocurrency-is-garbage-so-is-blockchain-3e80078e77fe
marker.medium.com/fintech-is-a-scam-a-listicle-in-eight-parts-7b6161f3a35a
naavik.co/business-breakdowns/axie-infinity/#axie-decon=
gawker.com/culture/the-future-is-useless-expensive
twitter.com/NFTtheft
theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488
https://www.gamesindustry.biz/articles/2021-11-05-baseless-nft-hype-hits-a-crescendo-but-its-play-to-earn-thats-worth-watching-opinion
technollama.co.uk/platform-is-law-the-cautionary-tale-of-stolen-nfts
davidgerard.co.uk/blockchain/2021/02/12/libra-shrugged-chapter-6-banking-the-unbanked
twitter.com/Bitfinexed
Written and performed by Dan Olson
Crowdfunding: patreon.com/foldablehuman
Twitter: twitter.com/FoldableHuman
00:00:00 Preface
00:01:12 0. In 2008 The Economy Collapsed
00:07:09 1. Bitcoin
00:18:18 2. Ethereum
00:24:34 3. The Machine
00:39:07 4. NFTs Exist To Get You To Buy Crypto
00:57:54 5. The Unbearable Cringe Of Crypto
01:11:46 6. A Self-Organizing High Control Group
01:16:57 7. Crypto Reality
01:25:36 8. There Is No Privacy On The Chain
01:32:52 9. If This "Looks Like Scam" Then Every NFT Room I'm In Looks Like Scam LOL
01:38:29 10. Play To Earn Exists To Get You To Buy Crypto
01:46:39 11. We're All Gonna Make It And By "We" I Mean "Us" Not You
01:56:08 12. DAOs Exist To Get You To Buy Crypto
02:13:21 13. I Know It's Rigged, But It's The Only Game In Town
