Scam Economy

Matt Binder
  • 4.8 (339)
  • TECHNOLOGY

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.

  1. 02/07/2025

    59: The Golden Age of Grift

    Scam Economy is back! And just in time for The Golden Age of Grift. Host Matt Binder breaks down how the cryptocurrency industry bought the 2024 elections, how Trump's win has ushered in a golden age for grifters and scammers, the repeal of crypto regulations, President Donald Trump's memecoin scheme, and more! Support the show: http://www.patreon.com/mattbinder Visit: http://www.scameconomy.com

    56 min
  2. 58: Her: OpenAI v. Scarlett Johansson

    05/30/2024

    58: Her: OpenAI v. Scarlett Johansson

    Scam Economy host Matt Binder breaks down the latest OpenAI scandal: an AI Voice Assistant that its CEO Sam Altman not so subtly tweeted "Her" about, resulting in a cease and desist from actress Scarlett Johansson. Is this just a voice impersonator or did OpenAI really use an AI voice trained on Johansson's? Visit: ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

    50 min
  3. 57: Crypto Number Goes Up + The AI Hype Bubble (w/ Ed Zitron of Better Offline)

    03/07/2024

    57: Crypto Number Goes Up + The AI Hype Bubble (w/ Ed Zitron of Better Offline)

    Ed Zitron of the new podcast Better Offline joins Scam Economy with Matt Binder to discuss Bitcoin and other cryptocurrencies getting some a new life and pumping in recent weeks, what's going on with crypto lately? We also discuss the AI hype bubble and Apple Vision Pro. Check out Ed's new podcast Better Offline at https://www.betteroffline.com/ Visit: ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

    1h 28m
  4. 56: How MrBeast Inadvertently Revealed X / Twitter Monetization is Rigged

    02/05/2024

    56: How MrBeast Inadvertently Revealed X / Twitter Monetization is Rigged

    MrBeast made a quarter of a million dollars by uploading a video to Elon Musk's X and in doing so revealed just how rigged the monetization system is. Scam Economy host Matt Binder walks through all the details of X Monetization, the little known X Amplify program, how Elon Musk and company pushed the famous YouTuber's content into social media feeds, and how basically no other creator can replicate MrBeast's earnings on the platform. Visit ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

    55 min
  5. 55: Sam Bankman-Fried Guilty!: The FTX Fraud Trial (w/ Molly White)

    11/08/2023

    55: Sam Bankman-Fried Guilty!: The FTX Fraud Trial (w/ Molly White)

    Molly White of Web3 is Going Great joins Scam Economy with Matt Binder to discuss the Sam Bankman-Fried trial. Molly brings us her first hand account from the days she spent at the court about the FTX founder's testimony and cross examination, what former FTX employees like SBF's ex Caroline Ellison had to say, and how SBF was found guilty on all 7 financial fraud charges. What does this mean for crypto and what's next going forward? Visit ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

    1h 34m
  6. 54: The Tech Hype Bubble: VR Edition (w/ Paris Marx)

    07/31/2023

    54: The Tech Hype Bubble: VR Edition (w/ Paris Marx)

    Paris Marx of the Tech Won't Save Us podcast joins Scam Economy with Matt Binder to discuss one of the current big tech industry hype bubbles: VR or Virtual Reality. We break down Apple's entry into the field with the Vision Pro, Meta's play with their VR headset and its subsequent failings with the Metaverse, the crypto adjacent Web3 metaverse attempts, the tech industry's continuation to try and monetize everything, and much much more! Check out Paris Marx's newsletter, Disconnect, on the Apple Vision Pro: https://www.disconnect.blog/p/apples-vision-pro-headset-deserves Visit ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

    1h 24m
  7. 53: Meta Launches Threads by Instagram as Elon Musk Wrecks Twitter

    07/07/2023

    53: Meta Launches Threads by Instagram as Elon Musk Wrecks Twitter

    The battle between Elon Musk and Mark Zuckerberg officially began on Wednesday, July 5th as Meta launched Threads by Instagram, it's Twitter competitor app. On this DOOMED and Scam Economy livestream crossover episode, Matt Binder breaks down the Threads app, the enshittification of Twitter by Elon Musk, how this past week's actions by Musk at Twitter which blocked logged out visitors from accessing Twitter and rate limited logged in users' daily tweet alottment may actually be Musk's worst move at Twitter yet, where the other Twitter alternatives like bluesky, Mastodon, and Spill fit into the equation, what the future of the internet will look like, and is Twitter now actually dying? (Episode from the 7/5/23 livestream show.) Support the show: http://www.patreon.com/mattbinder

    1h 3m
  8. 52: Unregistered Securities: SEC Sues Coinbase & Binance...Is This the End of Crypto in the U.S.? (w/ Molly White)

    06/13/2023

    52: Unregistered Securities: SEC Sues Coinbase & Binance...Is This the End of Crypto in the U.S.? (w/ Molly White)

    Molly White, the creator of Web3 is Going Great, joins Scam Economy with Matt Binder to discuss the SEC's lawsuits against Coinbase and Binance for selling unregistered securities. Molly and Matt break down the lawsuit against Coinbase, how the suit against Binance is different (fraud allegations!), what this means for the state of cryptocurrency in the United States, and more! Support the show: http://www.patreon.com/mattbinder Visit http://www.ScamEconomy.com Sources: https://newsletter.mollywhite.net/p/sec-v-binance-we-are-operating-as https://newsletter.mollywhite.net/p/issue-29-sec-showdown https://www.sec.gov/news/press-release/2023-102 https://www.sec.gov/news/press-release/2023-101

    1h 10m
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4.8
out of 5
339 Ratings

About

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.

Information

  • Creator
    Matt Binder
  • Years Active
    2022 - 2025
  • Episodes
    67
  • Rating
    Explicit
  • Copyright
    © 2025
  • Show Website
    Scam Economy

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