This week, Dan Olson, creator and host of YouTube channel Folding Ideas, returns to continue the conversation on cryptocurrency and NFTs. They discuss how these bubbles are driven primarily by charismatic leaders, why success rates of investment are similar to MLMs (read: the vast majority of investors don’t win big), and how there’s a lot of shame around having lost money in this arena–but why more men should come forward with their stories.
Dan explains why there’s no inherent difference between scam cryptocurrencies and so-called “real” cryptocurrencies, since all are rooted in speculation and faith, where the line is between greed and just being a victim of American prosperity gospel, and what to look out for to prevent yourself from getting scammed.
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Trust Me: Cults, Extreme Belief, and Manipulation