Matt Binder

Scam Economy

Bitcoin, the Blockchain, Web3, NFTs...welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there's plenty because, really, the whole thing is a scam. It's the Scam Economy.

Author

Matt Binder

Category

Technology

Podcast website

scameconomy.com

Latest episode

Feb 7, 2025

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Episodes

12: A/S/L/Crypto?: The Dating App Crypto Scam Scourge 22.04.2022

Looking for love? Have you been targeted by a crypto scam on a dating app? Scam Economy listeners recently called into the live post-show to share their experiences with host Matt Binder. There's plenty of twists, turns, and swerves! Here are some of those stories. Visit: http://www. ScamEconomy.com ! Support the show: http://www.patreon.com/mattbinder

11: Inside the Bizarre Bitcoin 2022 Conference (w/ Ryan Broderick) 15.04.2022

Ryan Broderick of the Garbage Day newsletter joins Scam Economy to take host Matt Binder on a journey to the Bitcoin 2022 Conference in Miami. Ryan breaks down what he saw at the 4-day Bitcoin extravaganza, which celebrities and special guests were there, the dystopian vision of the future that the Bitcoin maximalists are pushing, what the "average" Bitcoin advocate got out of the event, the diffe...

10: Bitcoin Goes Green[washing] (w/ Leanna First-Arai) 08.04.2022

Climate and environmentalist journalist Leanna First-Arai joins Scam Economy to discuss the news that Exxon was going to help Bitcoin mining companies "go green" by selling them gas leaks. Leanna breaks down what gas flaring is, what the thought process and claims from Exxon and the Bitcoin community here is, how "good" is this, the waste that goes into Bitcoin mining, can renewables help?, and mo...

Axie Infinity, Indentured Servitude (Scam Economy Hotline LIVE Post Show Teaser Clip) 05.04.2022

It's a BONUS teaser clip from the Scam Economy Hotline LIVE Post Show #9! In this clip, listener John from Australia calls in to tell us even more about play-to-earn NFT crypto game, Axie Infinity, and how dystopian it is for the players in developing nations who play it for a living. Check out ScamEconomy.com for more! Support the show: http://www.patreon.com/mattbinder

9: The Play to Earn Pyramid: Axie Infinity & the Dystopia That Crypto Wants (w/ Ed Zitron) 31.03.2022

Play To Earn crypto games are hyped as one of the defining products of web3, according to cryptocurrency and blockchain advocates. But, they are extremely exploitative. Now, after a big hack wreaks havoc over the biggest game in the space, Axie Infinity, resulting in a $625 million loss...what does this say about the dystopian future that crypto wants? Ed Zitron joins Matt Binder on Scam Economy t...

8: Monkey Business: Bored Ape Yacht Club, Yuga Labs, & ApeCoin (w/ Amy Castor) 25.03.2022

NFT and cryptocurrency reporter Amy Castor joins Scam Economy for a deep dive into Yuga Labs, the company behind Bored Ape Yacht Club, and a new cryptocurrency called ApeCoin, which is totally not connected to Yuga Labs of course (for legal reason). Visit: ScamEconomy.com ! Support the show: http://www.patreon.com/mattbinder

7: The Crypto Grift Descends on Ukraine 18.03.2022

Scam Economy host Matt Binder breaks down how grifting cryptocurrency founders, entrepreneurs, investors, and hustlers are trying to pump their money making schemes for a profit and generate good PR for the crypto industry under the guise of charity for Ukraine. Check out: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder

The Depravity of Randi Zuckerberg's Web3 Song (Scam Economy Post Show Teaser Clip) 15.03.2022

A freebie teaser clip from the Scam Economy Post Show Episode #6 livestream on 3/10/22: Matt gives some quick thoughts on Web3 "Pay to Earn" games after his talk with Molly White. Plus a breakdown of a Twisted Sister "parody" song about Web3 by Randi Zuckerberg – yes, Facebook founder Mark Zuckerberg's sister. Join the Patreon to access audio of the full show, complete with listener phone calls an...

6: Web3 Sucks (w/ Molly White) 11.03.2022

Molly White, software engineer, Wikipedia editor, and the creator of the website "Web3 is going just great," joins host Matt Binder on Scam Economy to discuss...well...Web3! Molly breaks down what Web3 is, all the scams and grifts her website covers daily, what Web3 advocates want, how Wikipedia perfectly proves Web3 wrong, the commonalities found between conspiracy theorists like QAnon believers...

5: NFTs Get Physical, Real Estate Gets Digital, It's All Despicable (w/ Wilfred Chan) 04.03.2022

Writer Wilfred Chan joins Matt Binder on Scam Economy to discuss his experience using an NFT vending machine, how he got scammed by it, online real estate in the metaverse, and how the gig economy gave us an early look into our scam economy tech dystopia. Find out where you can subscribe to the Scam Economy: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder

4: Crypto Super Bowl Ads Weren't Like the Dot Com Bubble (It's Much Worse.) 18.02.2022

Scam Economy host Matt Binder breaks down the "Crypto Bowl," the slew of cryptocurrency ads that ran during the Super Bowl. Why was there so many? Who were they targeting? Is this reminiscent of the 2000 dot com bubble? What's going on here? Find out where you can subscribe to the Scam Economy: http://www.scameconomy.com. Support the show: http://www.patreon.com/mattbinder

3: Razzlekhan & The Great Bitfinex Heist (w/ Jack Morse) 11.02.2022

It's not everyday that an eccentric NYC couple in their 30s get caught stealing billions of dollars. Jack Morse, senior tech reporter at Mashable, joins Matt Binder on the latest episode of Scam Economy to discuss the money-laundering couple who are accused by the DOJ of stealing $3.6 billion in Bitcoin from the Bitfinex exchange in 2016. The news about Ilya Lichtenstein and Heather "Razzlekhan" M...

Scam Economy Post Show: Episode #2 (Teaser Clip!) 10.02.2022

A freebie teaser clip from the Scam Economy post show for episode #2 featuring a live call-in from a crypto fan. (Livestreamed immediately following the YouTube premiere of Scam Economy episode #2 on 2/3/22). Support the show: http://www.patreon.com/mattbinder

2: Cryptocurrency is a Ponzi (w/ Sohale Mortazavi) 04.02.2022

Check out Sohale Mortazavi's piece in Jacobin here:  https://jacobinmag.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization

Scam Economy Post Show: Episode #1 31.01.2022

It's the Scam Economy post show for episode #1 featuring live call-ins from an artist defending the NFT scene, a former cryptocurrency investor, a fellow crypto skeptics, and more. (Livestreamed immediately following the YouTube premiere of Scam Economy episode #1 on 1/27/22). Support the show: http://www.patreon.com/mattbinder

1: Scam Economy 101: The ABCs of Crypto (w/ David Gerard) 28.01.2022

Welcome to the Scam Economy: Episode #1 with our first guest cryptocurrency journalist and author, David Gerard. Cryptocurrency? Bitcoin? Ethereum? NFTs? Proof of work? Proof of stake? What does this all mean? David joins host Matt Binder to breakdown everything you need to know about (most of) the basics in the world of cryptocurrency. For more, check out: scameconomy.com

0: Welcome to the Scam Economy 26.01.2022

Bitcoin, the Blockchain, Web3, NFTs...welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there's plenty because, really, the whole thing is a scam. It's the Scam Economy.

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