Crypto Is a Casino. Who Can You Trust?, BBS 2026 Day 1

This is an archive entry: the video and its full transcript, published so the words can be read, searched and quoted. It is not a written piece.

This is an archive entry: the video and its full transcript, published so the words can be read, searched and quoted. It is not a written piece.
Spotted a wrong word? Tap its timestamp, then tell us.
Transcribed from the original audio and corrected for names. Search every transcript
These are the speaker’s own words. We have not checked their claims.
0:00A: You feel like that’s different than other money?
0:01B: Oh yeah, it’s different than every money because currency is basically controlled by the government here. And so crypto is not controlled by the government.
0:09A: And a lot of people like that, right?
0:11B: Some people like that. Not everybody like that. I don’t think it’s necessarily the safest because it’s private. And so you don’t know who’s exchanging the funds. And a lot of people have been duped into investing in cryptocurrency and lost all their money.
0:25A: That’s absolutely correct. That’s absolutely correct. I stand behind that. That’s important for people to understand that for the most part, this is a casino.
0:31B: It is a casino. And we don’t know who’s trading the money. We don’t know where the money’s going. We don’t know where it’s coming from. It’s very disseminated across a large number of people. And some of those people are unscrupulous.
0:45A: Hmm. Can you define unscrupulous?
0:48B: Unscrupulous means they can’t be trusted.
0:50A: I know some of y’all are about to start using that word today, but we like that.