Actor rips crypto as ‘largest Ponzi scheme in history’

Ben McKenzie, of "The OC" and "Gotham," has been one of the most prominent critics of celebrities endorsing the controversial and booming cryptocurrency industry. He says he has been warning against the dangers of celebrities endorsing cryptocurrency for some time. Hear why he says he became a skeptic and how he feels now.

#CNN #news

55 comments

  1. When I first heard about cryptocurrency I thought, “I don’t get it. Sounds like a scam.” That 20% that “invested” in the scam definitely have more money than brains and were hoping to have fortunes land in their lap without actually doing anything to earn it.

    1. “fortunes land in their lap without actually doing anything to earn it.” To be completely fair, that’s how billionaires are made. None of these people earned their worth.

    2. @mile_high_topher
      So investing money is a bad thing? What about the stock market? Passive income is how people get rich. That’s how it’s done. Sorry you haven’t figured that out. You don’t want to be rich?

    3. @Jay Mass The stock market isn’t making anyone who wasn’t already obscenely wealthy to begin with into a billionaire.

      I’m not really going to engage with your strawmen, though. The point is, no one becomes a billionaire through hard work. There’s no amount of work in the world that makes a person worth millions of other people.

    4. @Jay Mass Do you even understand what cryptocurrency does? (Hint: it’s something real currency doesn’t. Take your time.)

  2. He’s a hero in real life . Straight to the point, with facts and research . Took less than 5 minutes to explain rhe scam . Thank you

    1. As out of work actors go, this guy is gold, all those past their “15min”Pureflix actors could learn a thing or 2 about helping society in demonstrable ways, I’m talking to you Jim “Q-turd” Caveizel

    1. The celebrities that took millions to promote this scam should be ashamed. Kevin O Leary was paid $15m to promote this stuff and give it credibility. Athletes like Steph Curry and Tom.Brady made their followers believe this was legitimate whilst they were getting paid. These people hurt their fans.

  3. I remember getting asked to join a pyramid scheme by a “buddy”. I didn’t have $20 on me so I guess I missed out big time. They should’ve thought of a better name like “Crypto”.

    1. I had a friend that invested $25k into a pyramid scheme. I said it sounds like a scam but he said the people behind it were Christians so can’t lie. He ended losing his money. I also warned him about his girl and she divorced him 3 months later. Some people need to learn the hard way.

    1. @Lamont Cranston Yeah man! We all be on a first name basis with this dude Honore, every 13 year old in a third world country here

    2. “From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand.” Matthew 4:17

      “Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also.” Matthew 5:38-39

      “And when thou prayest, thou shalt not be as the hypocrites are: for they love to pray standing in the synagogues and in the corners of the streets, that they may be seen of men. Verily I say unto you, They have their reward. But thou, when thou prayest, enter into thy closet, and when thou hast shut thy door, pray to thy Father which is in secret; and thy Father which seeth in secret shall reward thee openly.” Matthew 6:5-6.

  4. A well known person, who’s informed on what their talking about. That could be a better future.
    He’s looking out for the little guys and those who dare to dream big who are the easiest to lead as they want to believe

    1. @Julian Jacobson Who is qualified, then? Apparently, the “experts” who have been pushing bitcoin and crypto the last couple of years didn’t know much more than the average person you see waiting for a bus. Only the person waiting for the bus isn’t in danger of being indicted anytime soon.

  5. His comment about language and an actor’s ability to spot another actor [liar] was spot on. Nice to see a celeb out of their lane [a little] but still making sense : ).

    1. He says he lies for a living as an actor, and we’re supposed to believe what he says about Crypto? He never even explained why it’s a Ponzi scheme!

  6. As John Oliver once said. “Crypto is everything you don’t understand about finance and everything you don’t understand about technology rolled into one”

  7. He shouldn’t be referred to as simply “actor” in the title, it doesn’t ascribe the credibility that he likely deserves as a result of his education and subsequent work.

  8. *Language is an incredibly important tool that we discount at our peril.* Amen. Finally, a man who sees that all words matter.

    1. Isn’t it just. Whoever said “sticks and stones may break my bones, but words will never hurt me” – was a complete and utter idiot.

  9. Ben I can honestly say you are oozing goodness when you speak the evils of crypto. It’s a fraud and it needs to be stopped. More power to the people who invest their money right.

  10. When I first heard about Crypto years ago my first question was is it regulated/controlled/insured. The answer was no, and I said no way am I getting near it. But someone like Ben with his education/background definitely knew what was up. Not saying I told you so, but that if it sounds too good to be true it usually is. I’ll take risks, the whole Stock Market is taking risks, and invest in certain things. But not when its a situation like this.

    1. Naysayers are saying I told you so at every crypto bottom and then it’s flipped when it’s in a bull run.😂

  11. If it sounds to good to be true it probably is. I’m reminded of Kant’s famous statement — “An imaginary dollar and a real dollar are both worth a dollar, but there’s a difference. One is imaginary.”

    1. Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴛᴄʜɪɴɢ………..
      Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Mꜱɢ ᴏɴ Wʜᴀᴛꜱᴀᴘᴘ, Lᴇᴛ’ꜱ Tᴀʟᴋ Rɪɢʜᴛ ᴀᴡᴀʏ!!………

  12. I remember him coming out for this same issue last year. He warned everyone, ppl even criticized him, now look at him, he was right all along.

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