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Among other crimes against humanity is his incredibly gaudy sense of style https://twitter.com/RichardHeartWin/status/1540295404817883137 https://twitter.com/R

by rlt 3y ago

Among other crimes against humanity is his incredibly gaudy sense of style https://twitter.com/RichardHeartWin/status/1540295404817883137 https://twitter.com/RichardHeartWin/status/15402954048178831... https://sybershel.com/he-invented-the-crypto-that-gives-interest/ https://sybershel.com/he-invented-the-crypto-that-gives-inte...

artursapek 3y ago
This guy was famous for posting these photos flaunting how much money he was wearing. It blows my mind to think someone could be this open about doing this
- conductr 3y ago
  It blows my mind people invest money with a guy doing this so openly
  - codyb 3y ago
    I feel like it's fairly common for scammers to show off a fabulously wealthy lifestyle real or imagined. For some people it makes them think "whose money did they spend to get all that?" and for others it makes them thing "if I give them my money to invest too soon I'll be on the plane"
    - conductr 3y ago
      It’s true. Designer clothes and social media is a weak flex though. Or, I’m just of an age/mind to see it as such. I can see how people fell for Bernie Madoff at a certain point. The social proof was strong.
- mrguyorama 3y ago
  You can rent a fancy car, take a selfie with it, post it on instagram saying "DM me for a ONCE IN A LIFETIME investment" and take home $100k no problem. Some people have no idea how money works.
- Terr_ 3y ago
  When it comes to both scams and investing, sometimes a kind of ancient "look at me I'm obviously wealthy and successful, so clearly you should treat me favorably and maybe link your fortune to mine" thing going on. > It was quite a crash, Nakamura Lines. Respectable middle-aged businessmen took to leaving their hotel windows without their lift belts. Me, I kept spending. If I'd started living frugally, my creditors would have done some checking... and I'd have ended in debtor's prison. -- Neutron Star by Larry Niven
  - WorldMaker 3y ago
    Relatedly, the bizarre "Prosperity Gospel" thing where preachers of a religion ostensibly following a teacher who believed that you should give all your money to the poor (and be sure to toss all the bankers lending money out of your church while you are at it) spend incredible amounts of money on fashion and private jets and expensive homes in some religious message that spiritual wealth is "trickle-down".
- ChainOfFools 3y ago
  I knew this guy from before he was a major league crypto scammer. I assure you although part of this is actual lack of taste, he is quite conscious of how he looks and intentionally turns the tackiness and gaudiness up to 11 even beyond his own sensibilities. It is a filter, designed to screen out people who might have enough common sense the question the legitimacy of his claims.
  - rlt 3y ago
    > It is a filter, designed to screen out people who might have enough common sense the question the legitimacy of his claims. Well, except for the SEC, I guess. Out of curiosity, can you say how you knew him?
    - ChainOfFools 3y ago
      He used to hang out in a telegram channel that was associated with a vlog which was somewhat popular for a few years in the Bitcoin community despite being somewhat more critical than supportive of cryptocurrency overall, growing more skeptical with time. I think he was a guest a couple times on the program, and it became a regular in the telegram channel afterward. He had a penchant for ridiculous set dressing even then, although from what I have heard he went way over the top once he started the hex scam.
codyb 3y ago
Wow imagine spending 80,000 dollars to look that bad.

by rlt 3y ago

artursapek 3y ago

This guy was famous for posting these photos flaunting how much money he was wearing. It blows my mind to think someone could be this open about doing this

conductr 3y ago
It blows my mind people invest money with a guy doing this so openly
- codyb 3y ago
  I feel like it's fairly common for scammers to show off a fabulously wealthy lifestyle real or imagined. For some people it makes them think "whose money did they spend to get all that?" and for others it makes them thing "if I give them my money to invest too soon I'll be on the plane"
  - conductr 3y ago
    It’s true. Designer clothes and social media is a weak flex though. Or, I’m just of an age/mind to see it as such. I can see how people fell for Bernie Madoff at a certain point. The social proof was strong.
mrguyorama 3y ago
You can rent a fancy car, take a selfie with it, post it on instagram saying "DM me for a ONCE IN A LIFETIME investment" and take home $100k no problem. Some people have no idea how money works.
Terr_ 3y ago
When it comes to both scams and investing, sometimes a kind of ancient "look at me I'm obviously wealthy and successful, so clearly you should treat me favorably and maybe link your fortune to mine" thing going on. > It was quite a crash, Nakamura Lines. Respectable middle-aged businessmen took to leaving their hotel windows without their lift belts. Me, I kept spending. If I'd started living frugally, my creditors would have done some checking... and I'd have ended in debtor's prison. -- Neutron Star by Larry Niven
- WorldMaker 3y ago
  Relatedly, the bizarre "Prosperity Gospel" thing where preachers of a religion ostensibly following a teacher who believed that you should give all your money to the poor (and be sure to toss all the bankers lending money out of your church while you are at it) spend incredible amounts of money on fashion and private jets and expensive homes in some religious message that spiritual wealth is "trickle-down".
ChainOfFools 3y ago
I knew this guy from before he was a major league crypto scammer. I assure you although part of this is actual lack of taste, he is quite conscious of how he looks and intentionally turns the tackiness and gaudiness up to 11 even beyond his own sensibilities. It is a filter, designed to screen out people who might have enough common sense the question the legitimacy of his claims.
- rlt 3y ago
  > It is a filter, designed to screen out people who might have enough common sense the question the legitimacy of his claims. Well, except for the SEC, I guess. Out of curiosity, can you say how you knew him?
  - ChainOfFools 3y ago
    He used to hang out in a telegram channel that was associated with a vlog which was somewhat popular for a few years in the Bitcoin community despite being somewhat more critical than supportive of cryptocurrency overall, growing more skeptical with time. I think he was a guest a couple times on the program, and it became a regular in the telegram channel afterward. He had a penchant for ridiculous set dressing even then, although from what I have heard he went way over the top once he started the hex scam.

codyb 3y ago

Wow imagine spending 80,000 dollars to look that bad.