Boogie2988 Is Just Scamming His Audience Now...
SomeOrdinaryGamers2024-06-29
286K views|2 months ago
💫 Short Summary
Influencers promoting risky crypto tokens without transparency face backlash for potential exploitation of their audience. Boogie's involvement in the Fatty token project, financial losses, and confrontations with other creators are highlighted. The video discusses meme coins, influencer influence on price spikes, and risks associated with high-risk investments. Criticism is directed towards influencers for promoting scam tokens for personal gain, potentially harming their followers financially. The importance of ethical content creation, authenticity, and long-term thinking in crypto investments is emphasized, cautioning against get-rich-quick schemes and irresponsible promotion of investments for personal profit.
✨ Highlights
📊 Transcript
✦
Influencers launching coins alongside jokes may harm their audience.
01:49Dispelling myths about perfection and breaking free from societal expectations are important discussions.
The video emphasizes the importance of maintaining authenticity in content creation.
Ethical practices in content creation are crucial for influencers to consider.
✦
Discussion on Fatty token performance on Solana blockchain.
03:36Fatty token experienced a significant drop in value post-launch.
Emphasis on long-term thinking in crypto investments, comparing to projects like Amazon.
Critique of Boogie's content strategy involving the token, with comparisons to past influencers.
Mention of confrontation between Boogie and another content creator regarding the token project, highlighting complexities and controversies in crypto ventures.
✦
Influencer's financial downfall in crypto market.
07:06He lost most of his money after following a friend's advice and promoting speculative coins.
Jason Derulo also faced allegations of mismanagement in launching cryptocurrency tokens.
Influencer's actions criticized for risking audience's financial well-being in a volatile market.
✦
Influencers promoting scam tokens leading to significant losses.
11:03Jason Derulo promoted a gambling website token without realizing it, benefiting scammers.
Scammers manipulated the market to dump tokens after influencers promoted them, causing followers to lose money.
Pump.Fun is a platform used for creating meme coins on the Solana blockchain, enabling fraudulent schemes in the crypto space.
✦
Discussion on meme coins and their high-risk nature.
15:54Emphasis on meme coins not being designed for utility, but for investments.
Influence of influencers on price spikes and involvement of early insiders.
Use of Bots for trading and associated risks.
Mention of Steven battling polycythemia vera.
✦
Risks of having too many red blood cells and ethical considerations in sharing personal medical information.
16:49Potential diagnosis of blood cancer and criticism towards individual promoting risky investments.
Lack of sympathy towards medical concerns due to questionable actions and financial decisions.
Details of a sponsorship deal promoting a 'shitcoin' cryptocurrency and unethical behavior towards followers.
✦
Influencers promoting cryptocurrency tokens without disclosing payment.
21:54Emphasis on the importance of transparency in sponsored content and the potential legal implications of nondisclosure.
Discussion on investing in meme tokens and the blurred line between gambling and investment in cryptocurrency.
Addressing the conflicting messages from influencers promoting tokens while claiming to be 'broke'.
Audience expectation of profit from cryptocurrency investments.
✦
Risks of investing in crypto tokens and rug pulls explained.
23:09Influencers promoting tokens for personal gain without considering long-term audience trust.
Boogie's decision to prioritize financial gain over audience loyalty despite previous success.
Criticism towards influencers exploiting audiences for monetary gain, especially for medical bills.
✦
Influencers should be cautious about promoting risky investments like 'fatty tokens' to their audiences.
26:13Boogie, among others, has faced criticism for endorsing such schemes.
Viewers are advised to be skeptical of get-rich-quick schemes and influencers who promote them.
The responsibility falls on the influencer for exposing their audience to potential scams.
Influencers should prioritize their followers' financial well-being and avoid promoting questionable investments for personal gain.
00:00oh fatty coin the official meme
00:02community of boogie2988 a place for
00:05fatties the world over no G's
00:09allowed it's a coin it's a token you can
00:12buy now you know ladies and gentlemen
00:15boogie2988 videos for me are kind of
00:17like a shooting star you know every time
00:18it passes you know make you make a
00:20little wish something funny always
00:22happens but in this situation I don't
00:24think it's entirely super duper top KCK
00:26meme tacular funny I think it's actually
00:29downright scary that influencers do it
00:31now usually when influencers are on the
00:33way out you know you got you have two
00:34choices Western man you can either learn
00:37to leave gracefully from the internet
00:39and you know probably start like an
00:40Enterprise or a company and move on
00:42there right like maybe move on and and
00:44leave leave the YouTube world for some
00:46newer newer blood to pop in or you can
00:49launch a coin okay either or now
00:52obviously throughout my time on YouTube
00:54I've covered numerous coin scans with
00:56various other influencers you know
00:58coffeezilla being primarily the top one
01:00and I remember he was calling me like
01:02you know literally yesterday about this
01:05situation okay and we were kind of
01:07laughing at it together because it
01:08really was an entire story that dropped
01:11as I was on the plane okay so ladies and
01:14gentlemen for anybody that's not like
01:15catching on this is fatty university.com
01:17okay uh and again it starts off with one
01:20big ass Ed of this you know boogie 2988
01:23video called fatty all right so we're
01:25going to watch it real quick and get an
01:27idea of what this is about now obviously
01:29the video is unlisted all right I wonder
01:31why it's unlisted I wonder why
01:32somebody's not proud of fatty being on
01:34there it looked like it did pretty well
01:3640K views in two days that's actually
01:38pretty impressive listen up all you top
01:41G's there's some misinformation being
01:44spread around right now by certain
01:47influencers but I'm here to tell you the
01:49truth and the hacks to help you break
01:52free from The Matrix so you can be a
01:56Brokey like me you know it's so funny
01:58people like watch this guy like 10 years
02:00ago and they were like what a wholesome
02:02like chungus like Mr Rogers of the
02:05internet and now he's doing this Andrew
02:08cake bit you know what I mean like get
02:10it because he's a fat guy so Andrew cake
02:12versus Andrew Tay like haha funny on a
02:14surface level I'll tell you right now
02:15this is probably the funniest thing that
02:17I've ever probably seen Boogie do but
02:19here's the thing if you're going to be
02:20funny like haha ironic funny you
02:22probably also shouldn't be launching a
02:24coin alongside this whole entire Venture
02:26right if you're gonna make a joke make a
02:27joke but don't actually you know like
02:30the whole entire joke here for anybody
02:32that doesn't know is like Andrew Tate
02:33like a while back you know he starts
02:35tweeting about things like
02:35cryptocurrency and whatnot and obviously
02:38cryptocurrency is is wild right like
02:40when when any influencer talks about it
02:42but you can criticize you can make a
02:44parody video the reality is like if
02:46you're also participating in in
02:48launching another coin right which could
02:50ultimately harm your audience then is it
02:53really a parody is really a joke or are
02:55you actually unironically taking
02:56advantage of your fan base that's
02:58something that you know is a question we
03:00have to ask ourselves you may know there
03:02are certain myths that are being pushed
03:03on you to keep you in the rat race and
03:07enslaved to certain disciplines but I'm
03:09here to dispel those myths for you
03:12number one everyone thinks you have to
03:15have a perfect body yeah I said it was
03:18funny but it's kind of like watching an
03:20Isis video or something it's just
03:22there's no fun to it actually it's uh a
03:24lot of the jokes don't really hit as
03:26hard as you think they would it's
03:27probably the most best written thing
03:28that Boogie's done in a while
03:30but I mean it's still a car crash right
03:33like now of course Boogie runs this
03:36token right which is fatty token now
03:38obviously I'm going to show you a price
03:39chart for fatty right here this is fatty
03:41on the salana blockchain obviously it
03:43does really well you know when it
03:45launches and like all of these meme you
03:47know coins it basically craters like
03:49effectively over 90% right of its value
03:52so he starts off over here it
03:55goes Falls right to the ground okay boom
03:57done it's all over with now obviously
04:00you know maybe at some point it might
04:02come back that's the expectation right
04:04like maybe down the road okay this might
04:07fly back up now Boogie does this podcast
04:11called wcal live and on this podcast he
04:14actually brought one of the actual
04:16developers on and uh started talking
04:19about how this come it's like remember
04:20back in the day when Amazon crashed to
04:22nothing and like all these like stocks
04:24crashed to nothing but they all came
04:26back it's longterm thinking there's no
04:29but you can't a dump there's no
04:31safeguarding the pump and dump I mean
04:33like Bitcoin I mean that this is the
04:35space I mean if you look at like Amazon
04:37stock in the 90s it lost 98% of its
04:40value and all cats.com most of them did
04:43and then a few of them the Amazon the
04:45ebays like they held through when most
04:48of it most of the other companies were
04:49just quitting so you're saying this is
04:51an Amazon like project that you're going
04:53to be multi-billionaires Jeff is no I'm
04:56talking about the long no I'm talking
04:57about the longevity of the project
04:59Boogie's content online like Boogie is
05:01going to do content until he dies and
05:03this token can hang out with him and
05:05provide value now I think it's
05:08Insanity okay to imagine that your fatty
05:11University token is on the same level as
05:14one of the largest Logistics tech
05:16companies in the world right yeah you
05:20know Amazon one's crater yeah Amazon
05:22also does a whole lot more than talk
05:23about fatty University Lifestyles all
05:26right but hey what do I know now
05:28obviously what Boogie does is isn't
05:29entirely new we've covered like actual
05:32influencers in the crypto space in like
05:34the last I want to say few years right
05:36like obviously me and coffeezilla talked
05:38about you know that save the kids token
05:39stuff and of course down the road you
05:41know we started looking at things like
05:43the casinos I remember when like this
05:45was happening literally like a couple
05:46days ago like yesterday we were actually
05:48on call like laughing about the
05:50situation it was actually mindblowing uh
05:52he had actually launched a video on a
05:54second Channel void Zilla if you haven't
05:56checked it out where uh he actually
05:58confronts Boogie on the situ situation
06:00because Boogie reaches out to Steven to
06:02discuss hey is this crypto project okay
06:06now Boogie's been around the space
06:07Boogie talked about cryptocurrency
06:09before in fact if you actually look into
06:11Boogie's history he had an entire video
06:14where he was like I'm at my rock bottom
06:16right like he was literally he was
06:17actually begging on his YouTube channel
06:19right like because at that point money
06:21was gone setting out back on this
06:25beautiful fall day is it fall officially
06:28I think it is but in my backyard with my
06:30puppies and I want to have a
06:32conversation with you well this is a
06:34video I've dreaded
06:38making but it's time so I'm asking for
06:41your help as we head into the holiday
06:44season not happy about it but here we
06:49are and I'm not making any excuses here
06:52you know I spent a tremendous amount of
06:54money on dumb dumb things but the
06:56biggest issue is that I had a nice big
06:59nest
07:00I took some Financial advice from a
07:02friend and I'm not pointing fingers
07:03necessarily I took the advice but I put
07:06my money in the crypto Market in the
07:07wrong section and I pretty much lost
07:09most of everything he had basically
07:11talked about being crypto rich and of
07:13course because he never capitalized on
07:16his you know gains or like his
07:17unrealized gains he basically lost money
07:21I guess at the end of the day right it
07:22was like a situation where bro you're in
07:24a very speculative Market okay at one
07:26point you kind of flex to your fan base
07:29and then then you lose all your money
07:30and you're basically begging for it so
07:32you know the sting of losing money on
07:34cryptocurrency yet you're pushing it
07:36onto the audience now obviously he's not
07:38the only influencer to do this and
07:40honestly if Boogie's bit was just
07:42talking about being Andrew cake even
07:44though it's like two years after Andrew
07:46Tate's been relevant enough I it's it's
07:49funny but obviously you know when you
07:51add the whole coin factor to it like
07:53come on dog you're you're part of the
07:56problem at that point Jesus Christ now
07:58other infl ERS like Jason Derulo for
08:01instance right like if you look at Jason
08:02Derulo's actual actual YouTube channel
08:04right here you can see that literally he
08:07is you know talking about dollar Jason
08:09like an actual Jason
08:10token what is the utility of the Jason
08:13token about as much utility as the
08:15I took an hour ago okay that's pretty
08:18much the utility right there so you know
08:20people have looked obviously into this
08:22one influencer right so obviously when
08:24you go to like Jason Derulo's Twitter
08:26feed he's got like his pinned you know
08:28like comment over here here he's got
08:30happy to announce we've officially
08:31partnered with Vortex Global for our
08:34Market making noler Jason to the moon
08:38now obviously there have been some
08:40severe allegations of you know
08:42mismanagement right like influencer
08:45launches cryptocurrency token craters to
08:47the ground and then what do they talk
08:48about here he says damn sahil got me now
08:52if you don't remember sahil Aurora you
08:53might remember a while back we were
08:54talking about like you know Caitlyn
08:55Jenner and her stupid like like uh like
08:58token yeah apparently this one Indian
09:01like guy is behind all these crazy
09:03scammers for these celebrities it's
09:04insane that's okay that's fine that's
09:08motivation to take this all the way I
09:10just bought 20K worth in this for my
09:13fans for the Long Haul going to do
09:16everything in my power to send this
09:18to the Moon yeah I love how it's like
09:20I'm trust me boys I'm doing this for the
09:22fans well why did you even bring them
09:24into this in the first place like people
09:26know how dangerous speculative coin
09:28Investments are yet they still present
09:31the audience okay this is more of a
09:32situation as like look I want you to
09:34think of this whole ecosystem like
09:36there's a pool of sharks right like an
09:38actual pool of sh like imagine in that
09:40 pool right there okay right
09:42there there was like a whole bunch of
09:44crypto sharks and like your audience is
09:47effectively blood you're throwing the
09:49audience into the water for these guys
09:50to basically ravage them for pennies
09:53they give you a little bit of an
09:54advertising you know like Boon like
09:55they'll give you like a a few
09:57thousand doar your audience basically is
10:00used is rented out pimped out
10:02effectively to them right like and then
10:04all that happens is you know these
10:06sharks get into the water your audience
10:08puts money in that money is then leeched
10:10out you know from liquidity you know
10:12down like the course of a couple weeks
10:14if even that it's really fast and boom
10:16you know your audience has basically
10:18been part of losing their money A bunch
10:20of these people have paid you thousands
10:22of dollars which all they have to do is
10:24break even and then after that
10:26everything they make off of your
10:27audience is pure profit it is a tail as
10:30old as alas the last few years with
10:32crypto so one of the organizations in
10:34this group a chain analysis firm known
10:37as a bubble Maps actually looked into it
10:38Jason Derulo has sold Jason allegedly
10:41during his claims we doubt he got fooled
10:44by sahil let's look at the onchain
10:45evidence I mean let's look at it
10:47remember everything about the
10:47cryptocurrency is what is that saying
10:49men lie women lie that blockchain don't
10:53 lie that's for sure Jason dero
10:56set on a space that sahal contacted him
10:58to promote gambling website he admitted
11:01failing to conduct proper due diligence
11:03leading to unknowingly sharing a token
11:06contract where he actually you know post
11:07this let me take you dancing at pump.
11:11fun remember that name audience and then
11:13he again he lists the whole like token
11:15contract right there wow before
11:17Jason dea's first tweet they had spotted
11:20huge clusters in their bubble map so the
11:221% holder had 11% red cluster was 18%
11:26and of course the yellow cluster here
11:27being 20% so what they said was all of
11:30those addresses follow the same pattern
11:33which is basically refunded from CeX 3
11:36days ago and they were bought on pump.
11:38fund so the wallets right in this
11:41situation that were alleged to be
11:42associated with the sahil individual
11:44held 50% of that supply and dumped
11:47almost everything right after the first
11:50tweet that Jason Deo had put out so
11:52according to them the total realized
11:54profit here is
11:56$180,000 insane amounts of cash
11:59so again Jason Derulo in a Twitter space
12:02was like saying he was tricked by that
12:04sahill character right oh my god wow I
12:07got tricked oh now here's the thing
12:09about being tricked okay I would have a
12:12little more Sympathy for the influencer
12:13if they didn't if they had a bit more
12:15skin in the game but if you're being
12:17paid money right like if you're being
12:18paid like an influencer fee already
12:21you're doing well you got paid to
12:22advertise something your audience they
12:25jumped on something because they
12:26believed in you they're not getting paid
12:28a bag now a wi little on back to the old
12:30uh you know Boogie stuff if we look at
12:32the actual chart here you can see that
12:33Boogie launched the fatty token with the
12:36team or whatever alongside it thing goes
12:39skyrocketing craters to the ground okay
12:4190% losses so you know the moment you
12:44expose this to your audience there's a
12:46group of individuals who obviously have
12:49had this token or know about this token
12:50the money gets in the sharks jump in
12:52your audience jumps in your audience are
12:55the losers the Sharks take the money and
12:57effectively run off with it and make
12:59their cash and that's pretty much how
13:01things tend to go so it's worth looking
13:03into pump. Fun which is actually the
13:05website and protocol that is being used
13:07to help facilitate a lot of these brand
13:09new meme coins on the solono blockchain
13:12now this might remind some people
13:14watching of like a 4 chain layout with
13:15the bump orders and generally how things
13:17are laid out now I'm obviously censoring
13:21what's showing up because I have no idea
13:23if this is necessarily safe for work but
13:25see every second you know by that yellow
13:27little ping that is a new coin that is
13:29effectively being launched now the way
13:31that this works is according to pump.
13:34fun you pick a coin that you like you
13:36buy the coin on the bonding curve you
13:38then sell at any time to lock in your
13:40profits or losses and when enough people
13:43buy in the curve it reaches a market cap
13:45of
13:46$69,000 which at that point
13:48$112,000 of liquidity is then deposited
13:51in Radium and then burned so apparently
13:54there are some protections that I guess
13:56this offers but generally these are meme
13:58coins Co meaning that you know they
14:00literally are not designed to have you
14:02know any form of utility like don't be
14:04thinking of this like ethereum this is
14:06literally designed for you know people
14:08who want to 100 10,000 x some weird
14:10investment so obviously the moment these
14:13things go live they price spike and
14:15especially when you get like an
14:16influencer involved then you'll start to
14:18notice things die as soon as the
14:19influencers start to make their initial
14:22postings and the reasoning for a lot of
14:24this is when people look into it there
14:26is an understanding generally by people
14:29who investigate this that there are
14:31individuals who have early knowledge of
14:34when these influencers are going to you
14:36know start dropping their stuff when
14:37their fans will start getting in so
14:39before then they'll either have token
14:41sent to them or they might buy them for
14:43an exorbitantly cheap cost and as soon
14:45as the influencers jump in and start you
14:47know promoting this product and their
14:49fans start you know intermingling with
14:51these sharks in this pool then those
14:53sharks basically leech out whatever
14:55money that they can and it's really the
14:57fans who are holding the back bag when
14:59you have volume when you have actual
15:01Market volume like this there is
15:03absolutely you know somebody losing
15:05money and often times it's not the
15:07crypto investor behind any of this it
15:10takes minutes to create an account
15:12wallet or sorry just a wallet in general
15:14for crypto and then purchasing through
15:16various exchanges is not the most
15:18difficult thing in the world no matter
15:20how much Boogie likes to you know claim
15:22it is now to give you guys an idea of
15:24the kind of scumbags you're playing with
15:27obviously on a website like this there's
15:28people that operate with like literal
15:30Bots right like nobody is manually
15:32trading if they want to actually like
15:34make money usually you've got people
15:36that are known as snipers that have Bots
15:38that effectively purchase and like sell
15:40these coins on a day-to-day basis so
15:42when your audience jumps into these
15:43sharks right these sharks are playing
15:45with literal GitHub tools while
15:47the audience is playing with their
15:48MacBooks like you know just moving their
15:50fingers around really slowly purchasing
15:52 dog you are screwed the moment you
15:54jump into this wild pond so boogie 2988
15:58Steven here is going through some
16:00serious serious medical problems for
16:02anybody that doesn't know what Steven's
16:04going through he's actually got some
16:05form of blood cancer okay now this is a
16:08pretty rare form of blood cancer known
16:10as polycythemia vera now according to uh
16:14my Cleveland Clinic all right uh they
16:17said PV is a blood disorder that causes
16:20your body to produce too many red blood
16:22cells too many red blood cells can make
16:24your blood thick and sluggish now it
16:27says right here that it it progress
16:28presses very slowly and often isn't
16:31diagnosed until the age of 60 most
16:34people manage symptoms well for many
16:36years the biggest risk from too many red
16:38blood cells is blood clots so yeah it
16:42clearly it's it might be you know a form
16:44of blood cancer and I'm not going to sit
16:46here and like deny a man's like medical
16:48history I don't know I don't go to their
16:49doctor appointments but I'm going to ask
16:51a question okay if you are going through
16:53medical problems is it okay to
16:55necessarily jump down the throat and
16:57like possibly just scam your audience I
17:00think the answer is still a fat no to it
17:02and there's really no sympathy from it
17:04now I called Boogie out on this and
17:06Boogie like all you know of his life
17:09basically victimizing himself for no
17:11real reason effectively said I don't
17:13care if he lives or dies now look I'm
17:15just going to say it I hope everyone the
17:17best okay I'm just indifferent when it
17:19comes to this individual especially when
17:21he's been promoting these tokens onto
17:22his audience but actually giving back
17:25the 5K you're going to be making back to
17:27the community locking it making sure
17:28that uh people aren't going to get hurt
17:31further no I'm I'm going to pay my
17:33medical bills next month with that last
17:35half and I'm sorry to anybody that's
17:37disappointed with that I have an $1,100
17:39medication plus a $300 medic I get a
17:42bunch of I'm want to buy medicine with
17:44it man and if if people are disappointed
17:45with that I fully understand that it's a
17:47shitty thing to do and I'm a shitty
17:48person for doing it you can have that
17:50opinion I'm okay with it so obviously
17:52it's hard to feel bad for somebody even
17:53with their medical concerns that the
17:55only time they ever really remember that
17:57they have this rare form of blood cancer
17:58answer is when they're pressed up
17:59against a wall about the actual crappy
18:01action that they've done yeah I don't
18:03really feel so bad you know imagine if
18:05you are scamming somebody that is also
18:07going through a serious medical concern
18:09and you know your fans might think okay
18:10maybe this might go to the Moon
18:12obviously I think there's even a weird
18:14double issue with believing Boogie about
18:16finances but point is imagine if
18:19somebody put their money in lost it
18:21they're also going through medical
18:22issues and this guy doesn't care he's
18:24just paying his own medical bills and
18:26he'll do whatever it can to to do it he
18:29could have streamed he could have earned
18:30money on super chats he could have
18:32gotten a sponsor or two even if they
18:34weren't the most highing highest paying
18:36I think actually doing real work would
18:38have been more respectful to your fan
18:40base than just basically exposing them
18:42to a bunch of sharks and for how much
18:45did he actually like go into it how much
18:47you know did he gain really he'll tell
18:49you exactly how much he earned how much
18:51he was cut a check for I was given
18:53$5,000 up front with a promise of $5,000
18:57on the back end and after a week of
18:59coming on the telegram doing some live
19:01streams doing some tweets about it and
19:04all along the ways talking about how
19:06it's a shitcoin that'll make you go
19:08broke you you know why they tell you to
19:10do it for a week right that's how much
19:12time they need to get out out of the
19:13coin they're going to slowly drain the
19:15coin as people buy in they're going to
19:17use whatever is worth of your name to
19:19dump on your fans you know
19:22that well I if you're telling me that I
19:26believe you so obviously through the
19:28course of the next 24 hours in this
19:30entire story he basically says we just
19:32burned 50 million fatty tokens if you're
19:35holding going broke just got harder at
19:38fatty
19:392988 hey what are you doing nothing good
19:44see that's somebody that gets the fatty
19:46lifestyle do nothing and you'll be
19:49nothing and that's the way you want to
19:51be I see that a lot of you bought my
19:54coin because you want to be a broke fat
19:56 like me well guess gu what I'm
20:00going to give you your first challenge
20:03if you're holding my coin your coin's
20:05value just went up I had my team burn 50
20:11million tokens that way you have to work
20:15even harder to be a broke fat like me a
20:19lot of people so I don't understand that
20:22okay so the first glance he's like bro
20:24I'm just making a meme token you're not
20:26supposed to buy you're going to lose
20:27money next day I also did something
20:30that's going to give you guys more value
20:32wa wait hold on a minute I don't
20:34understand are you being ironic or you
20:36actually trying to make people money
20:37here like what the
20:39 now I don't know if this
20:41necessarily passes what is known as the
20:43Howe test so the reason why we're
20:45looking into the Howe test here real
20:47quick is obviously for a lot of these
20:48influencers that get caught promoting
20:50this kind of stuff there is a scary
20:52aspect of it possibly being them
20:54promoting a security Now obviously
20:56boogie in his entire coverage even in in
20:58the fatty university did one actual
21:00carnal mistake he never really outright
21:02said that he was being paid to promote
21:04something now if you know anything about
21:06YouTubers when they promote a product
21:08they'll let you know when you're
21:09promoting a product okay like this video
21:11was sponsored by you know so and
21:13so if it was sponsored if Boogie got
21:16paid five grand to talk about fatty
21:17token he should have told you that he
21:19got paid upfront to talk about fatty
21:21token it shouldn't have been something
21:22that was discussed to like other
21:24YouTubers or kept Under Wraps until
21:26eventually it got leaked out that is
21:28actually deceptive so when talking about
21:31that video we just saw something about
21:32the howwi we test that I wanted to bring
21:34into this situation was obviously
21:35looking at the four key factors now I'm
21:38not an SEC compliance officer nor do I
21:40work in the United States Department of
21:42Justice okay I'm a fat Indian guy
21:44sitting by a pool talking about this
21:45boogie situation all right there's a key
21:47difference in professionality there but
21:49here it talks about money being invested
21:52okay so there must be a monetary
21:54investment involved in the transaction
21:56so clearly your audience is buying into
21:58a token whether it be for a meme whether
22:00it be they're buying it to see it
22:02speculate look at the end of the day the
22:04meme token culture like we saw with pump
22:06dot fun is built around people
22:08effectively putting money into an entire
22:11coin to see it grow that is effectively
22:13an investment that either it's gam
22:15whatever you call it gambling investment
22:17or anything of that nature there is an
22:18understanding that you're putting money
22:19in to these Services then you've got an
22:22expectation of profits and obviously if
22:24your expectation is his money is going
22:26to go up what he said over here is a
22:28little little confusing because if your
22:31whole idea is you're going to be a
22:32Brokey but also I did something to raise
22:34you money like that's that that is a
22:37conflicting statement that it might lead
22:39to somebody thinking that there is a way
22:41that they can profit because if the team
22:43behind the coin is doing to help
22:46you make money that's something you have
22:48to really like f factor into your head
22:50and obviously there is a common
22:52Enterprise but more importantly success
22:54relies on the efforts of others right so
22:57the success of the investment depends
22:58predominantly on the efforts of
23:00individuals rather than the investor so
23:03again if what had happened over here was
23:06the individuals here Boogie and his team
23:08are doing something that could
23:09inadvertedly turn this potentially into
23:11a security because even if they call it
23:13a utility token the fact that they're
23:15basically selling this as like patreon
23:17but you know for a meme token is such
23:19 copium that uh literally
23:22talking about that is a whole
23:24separate video series in of itself okay
23:26it's like copium to the Moon that's like
23:28copium Star Trek the Next Dimension type
23:30 now obviously since you know this
23:32whole situation and the crash of this
23:34token within literally a day or two uh
23:37there have been a fair amount of
23:38individuals who have accused this of
23:40possibly being a Ruck pull and a Ruck
23:42pull is a situation where like I
23:43described when it comes to this platform
23:46what basically occurs is you know a
23:48whole bunch of individuals know that
23:49this token is coming right they throw
23:51their money in uh they're ready to
23:53purchase this token Boogie makes a tweet
23:55announcing this to the fan base there's
23:57a massive drop off after that
23:59announcement you know the fans get in
24:01the investors they get out and this this
24:04whole story begins a new you know
24:06influencers who are basically on their
24:08way out are effectively pimping out
24:09their audiences for the last few you
24:13know pennies that they can effectively
24:15scr out of the audience and I think it's
24:17really insulting right like look at the
24:18end of the day let's just call it like
24:20what it is everyone falls off I fall off
24:23you fall off it happens you know nobody
24:25is The Simpsons on the internet nobody
24:27really lasts forever so you know when
24:30we're on our Peaks it's great when we're
24:32on our way out we should be leaving
24:34gracefully okay and the thing is Boogie
24:36has had so much of an ample life like
24:38basically having the ability to live
24:41comfortably buy video games you know
24:43participate in like you know ex hooker
24:46Pleasures all over we've seen the
24:48documentaries okay it's wild so
24:51when you live life like that you got to
24:53have money set aside to maybe start
24:55another venture Boogie obviously didn't
24:57and like the influencers in a situation
25:00he has now resorted to basically selling
25:02out his audience for the tiniest
25:05fraction of cash at this point and you
25:07know it really shows a severe lack of
25:10respect for the audience you've
25:11basically built over like 15 years you
25:14at the end of the day influencers and
25:16the and the and the relationship you
25:18build with your audience it's parasocial
25:19no matter what but part of that
25:21relationship should be built on some
25:23semblance of trust okay you shouldn't be
25:25sitting over here trying to butt
25:27your audience for like like 7,000 8,000
25:30after tax okay especially when that
25:32money like Boogie said it's going
25:34towards medical bills look I get it all
25:36right medical bills suck a lot of your
25:39medic a lot of your bills could be
25:41alleviated if you simply decided to walk
25:43every once in a while okay boogie claims
25:45that he has a lot of free time and if
25:47you have a lot of free time there is so
25:49many better ways that you can spend by
25:51actually getting a sponsor or making
25:53more consistent YouTube content not
25:55making one video every fortnite for
25:57crying out out loud okay you could
25:59consistently stream more you know you
26:01should never get into a situation where
26:02you think you know these Shady guys are
26:05giving me thousands upon thousands of
26:07dollars you should really ask yourself
26:09why they're doing that okay because it's
26:11not for them making some
26:13Community this is literally a situation
26:15where you exposed your audience to again
26:17blood infested waters and what are they
26:20doing they're part of the situation they
26:21lose money and ultimately it's on you
26:24the influencer that exposes them in the
26:26first place now obviously I think
26:27there's a bit of respons responsibility
26:29if you were a jackass that
26:30bought the fatty token thinking you were
26:32going to get rich well you might need to
26:35be medically assessed because godamn you
26:37are a functioning idiot but
26:40ultimately it is still the influencer
26:42that exposed you and that is one of
26:43those things where Boogie is in my
26:45opinion quite guilty of and no matter
26:47what he says I think it's just a very
26:49much a new low that he's not the only
26:52one guilty for it clearly is a whole
26:54bunch of other late stage exit out of
26:56the way influencers but yeah anyways
26:59that being said ladies and gentlemen uh
27:00clearly the National Geographic Channel
27:02out there is having a field day
27:04at two: in the morning so I'mma go to
27:06bed all right you guys have a good one
27:08and uh Boogie please please stop
27:11exposing your audience to to these
27:12stupid tokens you know it's dog I
27:15know it's dog you know unborn
27:17fetuses know it's dog everyone
27:19knows it's dog and finally they
27:21shut the up when the video is over
27:23that is such a crazy godam done
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