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Kevin Street
Wall Street Millennial
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Comments by "Kevin Street" (@Kevin_Street) on "Gemini Earn Was Even Worse Than We Thought" video.
Thanks for another great video. And in it you lay out the facts quite clearly: the primary party at fault is Barry Silbert's Genesis, but the Winklevoss brothers and their Gemini company are also at fault for knowing for over a year that Genesis was on the point of collapse but still continuing their Earn program. One thing that comes up over and over in these crypto winter stories is how the crypto companies managed to convince other people (both large numbers of ordinary investors and supposedly astute individuals like the Winklevoss's) that they really did have the formula for infinite money machines. They managed to assume the form of legitimate (or at least convincing) financial institutions while not actually owning anything of value. The whole industry is based on nothing more than continued investment, like a Ponzi scheme but disguised in many different ways. There's no actual wealth that's generated, just money being moved around.
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