Hearing Paris Hilton and Jimmy Fallon explain their NFTs was like hearing a teenager explain their first tattoo to their parents lmao

“It’s not just a phase mom! The monkey is on the chain”

PRECISELY. lol best explanation possible. 10/10

I got an overwhelming feeling of disgust while watching that clip, I couldn't explain why but I did

@JadenAnjara yeah they read prompters and there are bright light-up signs for the audience to applaud and laugh. I have seen two Late Nite with Conan O'Brien shows live

🤣🤣🤣🤣🤣🤣🤣

I appreciate Ludwig acknowledging that crypto and specifically promoting coinbase could have problems

The thing about crypto is everyone thinks they will make money from it. Which isn’t possible

@NIkola Radunovic this is teh dumbest stuff ever. demand for PHYSICAL products lol. crypto is waste of time and resources

He's self-aware, which is more than you can say about the people he was talking about. (Not that being self-aware makes it okay. Maybe just not as dumb.)

Not just appreciated, Ludwig actually educates his user base. Respect for that! Thank you very much kind sir! ♥️

@Pink Roid when I said it's worthless unless people decide its worth something I was more referring to pump and dump schemes. Stocks are what they are though unless the person buying them doesn't understand the market.

Underrated channel. I love the vibes of Lud just talking to us.

@Schrode welcome to the internet. where you see a lot of the same thing every day.

@Schrode yeah bro this happens all the time to me too

This channel is great because when he's talking to me I know we are true friends. Love you Bestie! Keep up the good work!

Frankly, I was in the same boat, I don't like nfts but wasn't quite sure why and this answers it. It's just another way to make rich people more money and have poor people waste their savings to try to fit in and join the hype as well as try to grasp at straws for status. It's ironic because most people who buy nfts would probably not be able to get rid of it as quickly as they would like for profit.

@Kahoobb yes i know, someone replied to me saying steam already does this and i said not really.

@Kyle Reynaert and the steam market place takes a huge fee and is centralized

@NIkola Radunovic even ethereum nfts don't do that much harm at all to the enviroment when comparing it to things like Christmas lighfs

the way I have been screaming this for last 6 months! thank you!!

Unfiltered opinion: The reason Jimmy Fallon and Paris flaunted their purchase is to bring more attractions to these NFT so theirs can go up in value. Essentially. These two decided to make this extremely weird unnatural segment to get a nice little increase on their investment. That being said, when you buy pokemon cards and do the unboxing you do them for the entertainment you’re not showing off thinking « damn if these viewers all buy Pokemon cards mine will be worth more » because thats just not how it works. If you do something cringe we’ll tell you no doubt

​@yukiandkanamekuran You have to burn fossil fuels to transport the product and ship them in cardboard boxes, usually filled with plastic cushioning--definitely not good for the environment.

Yeah, pokemon cards literally don't hurt the environment just by existing. Besides, vintage pokemon cards and shit? Like idk I feel like it's reducing waste, cause they are made a long time ago and not thrown away.

Yeah, I don't think Ludwig is selling his PSA 10 Charizard anytime soon.

@Adam W You have seen one artist do that. That's anecdotal. How many artists lose money because they don't make the costs of creating the NFT's back? And more importantly, how many artists are ripped off because OTHER PEOPLE mint their art without consent? It's a lot, do some reading instead of shilling

@Adam W most artists make no money on nfts. they actually lose money because the whole point is the artists HAVE to buy ether or some other coin to mint the nft, and the smart contract to make secondary sales on the art is easy to get around. making artists buy crypro just to mint nfts sucks

In my own point of view, I do believe that by taking coinbase’s money and promoting it, you have inadvertently involved yourself and made yourself “part of the problem.” I’ve never once thought of the sponsorship as being inherently harmful and the fact that you’ve been able to do such cool events like LACS due to their money is something to definitely consider. In terms of scale tho, taking their money and filming a couple ads isn’t the worst thing comparatively, but it is something to consider, especially if you care about the environmental effects that buying into crypto and nfts cause. If it’s something that ever weighs on you, I think there are some great environmental causes and better movements you could always focus on in order to rectify that. But all things considered, your actions have been but a small drop in a bucket, and considering how vocally against you’ve been against NFTs, I can’t imagine anyone would fault you as being a problematic contributor to it at the end of the day.

There is a reason they can throw around tons of money with few requirements for streamers - it’s all free money to them. It’s no different from all the online gambling sponsorships that used to happen

@Jace Frio so literally anyone that doesn’t like crypto or don’t want to invest into them are ignorants? Xd

Block chain in general is a big part of the issue. So yea, crypto and NFTs. The video Ludwig is talking about goes into serious detail on this.

@Jace Frio I don't know man, while I see the arguments the "applications" of crypto are basically academic conjecture when the *reality* of crypto is that it's riddled with problems and is ultimately just being used as a vehicle to make a relatively small number of people wealthy

@Jace Frio NFTs are pretty much always pegged to ethereum. and what uses does crypto have? there is no real value in it

Kinda interesting to see Lud reflect on himself, when talking about a topic.

0 comments

For determining if you are part of the problem, two questions come to mind: How are you using your money (especially money from potentially exploitative sponsors), and how are you using your platform? I have a positive impression of you in both aspects. I think you use your profits to create higher quality content and to shift some of that money from corporate hands to charities and grassroots communities. And videos like this show me that you use your platform with some responsibility, to be transparent and informative and not shy away from criticizing the hand that feeds you when it's deserved. I think those make you a good example. And at the same time I know my impressions are only based on an image of yourself that you control. I don't know the nitty gritty of your actions behind the scenes, and how that might change the answers to those two questions. I just like what I see, and I hope it's because your values align with the good of the people and that it will keep you on a good path.

@Adam W Your comments were written as if it were still happening. I was letting you know you had missed a major change in his platform, as that was how your comments made it look.

@ArchieZeroOne so that discounts the 3 or so years he was on twitch?

@Adam W Ludwig streams on Youtube......

So basically in your opinion, the ends justify the means?

He became a millionaire through donations from thousands of peoples. He shifts the money from the masses to the view if anything. Especially since half of the profits went to one of the largest companies in the world.

I do think partnering with and promoting crypto/crypto companies like coinbase is being part of the problem. The “line goes up video” you mentioned does explain why crypto itself is a problem and not just NFTs. However I do believe that you had no ill intent and do just want to do cool things for your viewers and the community. Really cool to see someone self reflect deeply and ask for their community’s thoughts, so huge props for that for real

Accepting sponsorships of any kind is being part of some problem (e.g. the very process of informing people is, technically, environmentally harmful). The line of moral acceptability is convoluted with shifting boarders.

I love Mogul Mail, it’s so consistent, there’s always interesting content, it’s so great to watch

@Anoof hussain ah okay, yeah fair enough that makes sense

@Shades you've got a point there, I think I said that coz it feels a bit repetitive and annoying for me personally when I see two of my favourite creators talk about the same thing yeah..

@Anoof hussain how does that suck? It's not like it's a brand new concept that Charlie came up with, and even then it still doesn't matter lmao

@Anoof hussain how does that suck?

This is the most bot-like non-bot comment I've ever read, but it's cool to see a nice and positive comment

ice is actually wild for outright saying “i’m gonna protect myself & actually not give that money back”

The guy gives 0 fucks lol

@Chauncey Loveshack The fact that he actually gave SOME back just made it worse. Had he stuck to what he said about caring for himself then it would have been more admirable.

the honesty is almost admirable

Treat yoself to 500k

There's a big difference between doing transparent paid sponsorship and shilling for a company without disclosure. The fact that you publicly question whether coinbase is a problem or not is a good indicator that you are on the correct side of the line.

This is something I notice a lot. People will shit on nfts for being bad for the environment but then be pro crypto. One of main reason nfts are bad for the environment is that they are purchased with crypto. It's good to see you reflecting on being sponsored by coinbase.

I’m gonna be honest, pushing crypto is just as much of a problem as pushing NFTs in terms of the damage to audiences and the environment, granted pushing coin base and straight up pushing rug pull scams aren’t on the same level in terms of like ethics.

You know, I see your point, and I don't know wether I should agree with it or not, because I'm not a fricking expert on how comparable NFTs and crypto are. All I CAN say is that, cryptocurrency never gave me that unsettled nagging feeling that NFTs do, like how Ludwig said in the video. Maybe that's just because of the way the two ideas are presented differently, with one being an obviously overpriced token saying that you own a piece of digital art, and the other being something that feels like a digital version of currency. Or maybe NFTs are slightly worse than crypto, and that is simply where I draw the line mentally. I don't know.

I disagree. Crypto is not the same as nfts and NO im not invested in either

@UtterlyRandom isn't money just something we exchange for other stuff? Money is just an agreement, if ALL agree we could use seashells as money, other countries won't accept US dollars, not because it doesn't have value but because we don't have that "agreement".

@Arctic Foxes Not the same. Stocks are actually something, not pire gamblign with no backing. Crypto isn't like real money, it's not backed by anything, there's no intrinsic value to it because unlike real money the state doesn't back it up with state property.

I often feel weird watching content sponsored by the likes of Coinbase, I do also have that feeling that crypto might also be part of the problem. But overall, at least you keep it real, talk about these stuff and obviously specify that the content is sponsored (not like many celebrities and athletes) so I guess there is a line somewhere for your approach to crypto, but as you say, sometimes its hard to put it into words without being and expert in the subject

@sofia Saaand yeah i feel its a must watch now

you should really watch the folding ideas video, he goes into how crypto is part of the problem in a very easy to understand way imo

At least you’re consistent. Pointing out problems while continuing to endorse them. Parasocial relationships being the other obvious example. I think you’re doing better than the bare minimum and there’s plenty of influencers you couldn’t say that about. While your views may seem hypocritical, your self-awareness and the level of honesty you maintain is beyond admirable. Controversy breeds hate and anything confusing(crypto/nfts/etc) is bound to bring controversy.

Respect to Ludwig for being introspective and honest, both with us and himself.

I think it’s very good that you are so self-aware and transparent with your audience but then again as Bo Burnham said: being self-aware about doing something you hate doesn’t save you from the act. So at the end of the day, do whatever you think is best

Wouldn't the whole Ice Poseidon scandal be eligible for a lawsuit? Feel like you could definitely sue a business for something like that.

its crypto so theres basically no regulations

If we where talking about real goods yes. But since we're talking about made up stuff the law doesn't cover it. You can't claim he scammed you when you bought the "This is fake no refunds" pre-order digital number if that's not a thing to begin with

Usually not worth the hassle unless people get together for a lawsuit.

Check out attorney Tom's video on the subject he talks about the civil case this can have

The coinbase ads you run for The Yard and LACS did cross my mind while I watched the Folding Ideas video. I don't think you're doing anything wrong but I do think you should hold some responsibility for what you choose to advertise. Mostly because some portion of your viewers are children. Either way I appreciate this kind of earnest attempt to start a discussion and I think you're one of the best streamers around. Not only because you support melee but also because you're very entertaining

i love to see you giving ur opinion on shit Ludwig, i feel like you're the only guy who makes good content, always tries to be as honest as possible with your viewers and has opinions that i most agree with

I love your channel

Being honest, I do think there isn’t much difference between having coin base as a sponsor, and supporting other crypto projects. I know you guys are all well-meaning people but I still think it’s not the right choice, and personally I’d prefer if The Yard and other projects were sponsored by something else, as I genuinely want them to succeed.

genuinely why tho? bitcoin is ok eth is ok why would saying “this show is sponsored by coinbase” be an issue? it’s a platform to begin with not a coin, no one is asking you to buy coins nor promoting them it’s just their platform. That been said i think crypto is the future easily.

Part of what makes NFTs and crypto very sketchy is that they’re rooted in FOMO and artificial scarcity.

@Völundr Frey That is the opposite of inherent value though. A hammer has inherent value, because it provides a use. A NFT has no inherent value, its value is completely artificial.

@NIkola Radunovic We use diamonds to manufacture sh1t

@Adam W ever hear of Bitcoin halving?

I love this channel, it’s awesome & a has really nice way of interacting with viewers without being too ‘parasocial’ :) On the topic of nfts, I personally think that being sponsored by companies who support crypto isn’t that great of an idea. They’re only going to benefit off of you, which then leads to more exposure to the ‘crypto world’, I guess. Already, I’ve read articles about people freezing in their homes because of the effect NFTs truly do have on the environment. I’ll admit it, I was wary at first too, but after looking into everything deeper, I got the full picture and don’t like it at all. I’m sure you could easily find other sponsors who’d be happy to work with you! That’s just my take on the whole thing, but you do you! ^_^ (this is a genuine tone btw, i’m not trying to be an asshole😅)

I want "Unsurprisingly," to become a series.

"So you invaded Poland?" "Yes." "So do you want to give it back?" "I mean, I could do that, but I want to look out for myself, so no, I am not gonna do that."

Yoy could say that for the Indians

That Paris and Jimmy interaction was physically painful

Do you guys ever experience a sort of disassociation with yourself as well as reality? Without sounding too hippy, anytime I see a celebrity flaunting their unimaginable wealth I get taken aback and I'm like damn I will never be that wealthy. I wonder what it took for them to win the lottery of life. Then from there, I think to myself what do I really want from life? If I can't live a lavish life like those who I see on social media every day, how else will I find happiness or self-fulfillment? I'm not saying it's not possible, but it's just a sort of self-evaluation of what I want from life and the answer is usually unclear for me. Especially being a recent college grad.

Do what you love and if you don't have a thing that you love to do, use every day of your life experiencing new hobbies, things, etc, until you find it. After that, do it as mich as you can and the rest will come by it self. Thats how i think about it. The right partner for life, money, friends, etc, will all come to you if you believe in what you do and work around it everyday. I have been working on my dream to be a full time music producer for over 11 Years now. I sacrificed a lot of things, from relationships to health. I might didn't take the "best" route since i was physically and mentally on an edge. But i pulled through, worked everyday on my craft because i love doing music so much, and now since August 2021 im a full time music producer at a little label, living in my own flat that is being payed by me waking up and doing what i love. I don't wanna brag or say that i have a perfect life, im still fighting myself mentally also it is very lonely here since i had to move away like 400 miles from my old home. But i know one thing: Being able to do what i love on a daily basis gives me the strength to learn that i have to be my best friend. Learning to be the best version of myself. It is easier for me to see social media as an unnecessary little bubble since i have a much bigger focus on going my path and writing my own story. But still, now and then social media gets me and lets me think: Am i even worth it? At the end of the day its all about faith. If someone believes in God, you can't tell him that there is none. And if someone (my mind) tells me that i will not make it in life and be a lonley and sad person, i always try to remember what i believe, and that is that i am made to be happy and successful. Thats my take on this whole thing. Sorry, i maybe was a little confusing. ( not from english speaking country )

@Poly Gon Glad I was of help! Cheers!

@John Bishop great comment, I really needed to be reminded of that right now. cheers to you brother

@Matthew Walker Oh not denying that, take it from a Christian who's been diagnosed with anxiety and depression in the past. I still struggle with those feelings, but having that firm belief in my core that there's a God who created me with a purpose and for a purpose is immensely comforting. Even as I feel numb or overwhelmed. And the hope that one day all will be made right and all my struggles will be turned to joy carries me through a lot of bad days.

@MetroYeti true but even christians can be depressed

Lost it at the audience clapping at random Ape photo. jfc

I just imagine that none of the audience actually clapped and it was just a sound put in post production

i like to think that the crew was behind the camera pushing the “applause” button rapidly in order to que the audience reaction

That Jimmy Kimmel clip was so damn painful to watch through. How can something be so cringy it physically hurts?

@Lateknight no

Wait a minute, picture fit watches Ludwig?!?

I appreciate you self-reflecting and asking our thoughts on this, it’s nice to see. I’m pretty against crypto and NFTs but I think your transparency and good intentions in this instance are an important differentiating factor. If working with coinbase enables you to do cool things for your viewers and give back to the community without scamming people in the process, then I say get that bag king. Looking forward to more great content in the future!

Ice Poseidons pulled a lot of scams in the past, but this one could have real consequences. In the eyes of the law, he gave a full confession no holds barred. As for the people he stole from, Well... You're saying hey I stole your money and I have lots now, sort of gives people the incentive to physically go after you. As for the coinbase sponsorship, I wouldn't say it's comparable. You're straight up saying hey they gave me money to promote them, And not telling people "Hey you should buy this thing, it's the future and will definitely make you money while flexing on people who don't have it"

Sadly the legal surroundings of crypto is pretty hazy. There’s been a lot of rug pulls or pump and dumps but no legal repercussions. He can always hide behind the similar case of squidcoin which was similar yet prevented buyers from selling their shares except for the owner which didn’t have any legal backlash. He can probably just argue that they had the option to sell but chose not to and get off scot free.

To me crypto is just as bad as NFTs, it always made me uncomfortable seeing those coin base ads. Though I am someone who doesn't do any sort of investing or stocks or anything like that, my money from work all goes into living

Love the vibe of this channel, nice to hear news or drama from someone with a good head on their shoulders

I like the idea that nft's could potentially support artists, but what it seems like nft's are actually is just buying the receipt for someone elses groceries

@Freddx L. there are projects that do things like this and have real life utilities. those will be the winners in the long run….that’s my opinion

I don't see how an easily replicable image have any value, NFTs is supposed to be about ownership but people are just using it for jpg. NFTs could make sense in tickets for a concert where the ownership actually means something.

@Adam W No, because you don't have the print. That is the whole point. You don't even understand what you're stanning lmao Verified documentation? Popularity? Anyone can create fake wallets and scam people by selling an NFT to themselves a bunch of times. It's pure speculation, nothing more. Also I pity you for not having any idea of what art is about

Not really. It's the same as if you have a banksy print. It's worthless. What makes art worth it, is the artist, scarcity, popularity and verified documentation. Nfts hit those catagories

Acknowledging the problem with crypto is the first step. Hopefully we hear more about this in the future.

"Be brave and invest in crypto" feels like someone on the inside knew about the intrinsic flaw of crypto "investing" (gambling) and was trying to get the message out there. Also, yes. One of the big reasons I don't watch you very often is because you bought into the gambling-with-tangible-assets craze, but I still acknowledge that you do a lot of things well and are innovative with your platform.

I love Folding Ideas, he's that introvert guy who miraculously manage to put into words what goes in his head with 95-98% precision.

this channel is like a therapy session and fun.Thanks for the vibes

Love how this channel has a similar feel to Charlie's. You just talk about whatever the fuck you want to, and it's just good content

Thank you for boosting great creators like Dan from Folding Ideas and Coffeezilla. Love the videos on this channel, and consider not using coin base as a sponsor in the future!

I feel like you’re pretty on the level about what it is and not trying to scam anyone or make money off people who are struggling so, I’d say take that coin base money and keep up the content.

*coin base coin

You're not actively trying to scam your viewerbase, having a sponsor is fine, if you suddenly created a "mogul moves" ape and tried to sell it, you'd be just as bad, but I believe you have more self respect than that.

I'm glad you're able to be critical of your own practices, it's a good habit to get into. And yeah crypto is a very similar boat to NFTs, honestly I think NFTs being so outlandish and so clearly a scam has taken some heat off of crypto unfortunately. End of the day crypto is also based entirely off of the greater fool theory, has no intrinsic value, and is just as damaging for the environment. Still though, while I'm not comfortable with the crypto sponsors and etc, at least you're using the money to support the melee community and not entirely pocketing it (though I'm sure there's some of that too).

i love how this channel turns into a bit of a gossip time with ludwig every so often

Coinbase is facing a class action lawsuit right now for hiding fees

Ok this is my favourite Ludwig channel. Ludwig could make a podcast where its only he talking about specific things and giving us his opinion. He has a sharp and logical mind and seems to be overall cultured. His is good at narrating things. I could listen to Ludwig Podcasts a long time! Not all day, but a looooong time :D.

I feel like the problem a lot of people have around the digital asset space is the dishonesty. Its not a get rich quick scheme, it's an asset game. Similar to physical currency and physical art. No one acts like buying famous paintings isn't just for people that have money, but NFTs are sold differently. As long as you're honest with your audience Lud I think that's all that matters to most people

you can literally tell how quickly Jimmy Fallon wants the segment to end and how he is entirely just reading off of a teleprompter. Even Jimmy goddamn Fallon is above NFTs.

i really appreciate ludwig talking about this. the coinbase sponsorship had always made me a little uncomfortable and i'm glad he's doing self reflection

5 seconds into the video and my favorite streamer calls me a ho-not-haver. I’d call that the biggest scam of all.

I appreciate how you've used your platform to do this sorta activism mix commentary mix good takes

I love how honest Lud is

I do think that the coinbase ads are part of the problem, and that it's sort of irresponsible to push it to a young audience such as yours. However I'm glad that you're opening up about that insecurity, and I'll happily wait to see what comes out of this.

Reading about celebrities and NTFs recently has been such a wild ride. Everyday a new name drops on twitter, and it makes you curious about their reasoning behind riding that wave (if there is any) like in the case of Reese Witherspoon and Brie Larson. There was also Troy Baker who announced partnership with an NFT company last month, only to receive major backlash online from fans and coworkers. He later apologized for the way he phrased things in previous tweets then backed out of the partnership. His interview with Alanah Pearce was a healthy conversation about the whole thing, if anyone wants to check it out. My personal opinion? I don't know man I'm still processing the idea of money itself lol, but in the meantime I'm steering clear from anything crypto.

Not much different, but being honest and self-aware is the primary difference

I think its important to distinguish the difference between an "alternative" currency, and a straight up pump and dump scheme with ugly artwork

@BugsyBoy "Recently"? Yeaaaah.

@Puzzle Box It's definitely become that way recently. But if you look at the current state of the American Dollar, or any other traditional "standardising" currency, resource or asset, I can't see a way to preserve value in places of weak socio-economic status

@Puzzle Box so true.

The problem is most of those "alternative" currency started out as pump and dump. You can never tell what is a serious alternative currency until a hundred years in the future. That being said I wouldn't trust ANY currency that isn't based of the value of anything other than how much people give it. I see no difference between giving a bitcoin a value and giving a NFT a value.

mogul mail should start streaming he has a nice personality

Crypto, Dollars, Art, NFTs - it's all intrinsically worthless. They all just have a value because we assign that artificial value. The thing that bothers me about NFTs is how they're purely speculative, and people pretend that "bored apes" or "crypto punks" are beautiful works of art. I doubt that anyone has ever cared for the art. It's all just speculation and a grift. That's what bothers me... and I work in crypto. I'm a software engineer who programs smart contracts for token/NFT people and I've been up close for a while now. it's all just pure marketing and hype. Heccin disgusting. But the programming is fun and man's gotta eat :'D

@Puzzle Box No the US dollar in its current form does not represent physical assets. It represents trust in the federal reserve.

The difference between Crypto and the Dollar is that the Dollar has value due to the country producing it has value. Much like a stock has value due to the company that you buy the stock from has value. The only value Crypto has is what we give it. Nothing more or less. It isn't a representation of anything tangible. Unlike the US economy which has MANY tangible assets which give it's dollar value.

@RGoots The Dollar's value doesn't come from just what we decide on. It is a physical representation of how well America is doing economically. It is closer to a Stock. It represents a physical asset. The country producing the currency. What does Crypto represent value wise? Nothing. It's only value it represents is itself which we give it.

@ToadVII that's not intrinsic value. That's a societal value placed on a representative medium, which we collectively call the American Dollar, Canadian Dollar, etc etc. Physical money is similar to crypto, NFTs, etc. In that It's only worth something because a certain number of people hold value to it - although the scale of how many people is incomparable between those. A huge difference is the governing bodies that regulate the standard currencies vs the new online currencies (crypto and NFTs namely). Money on the whole is just a place holder we use to exchange for goods and services. Alone, without the socioeconomic structure behind it, money is paper, metal, digital numbers on a screen, or whatever other material used to make it with no inherent value but an agreed upon representative value.

I like how mogul mail is just a delayed Charlie

“There’s no way the audience members could afford em” The guy who discovered right click > save

Incredibly candid take thank you Ludwig. Would love to see atrioc analyze the Matt Damon add lmao

At the end of the day a sponsor is a sponsor, creators kind of need them these days to get big projects off the ground, and we all know you’re passionate about the projects you work on.

Nice to see big creators shouting out that video, really good watch

Yes, you’re a part of the problem! But you can change. Don’t be the reason normal everyday people lose their savings, even if it isn’t directly your fault.

The only thing I can really think of that’s somewhat safe ish, is sending and unlisted vid link to talk but if you got anything better lmk because I genuinely wanna have a good convo

Hey Zach I didn’t want to comment on Luds other comment thread/other vid since it had other comments.(which I believe means notifications for others!?) but for both vids/ ideals, I agree and was wondering if you’d be willing to talk and give some mutual advice/general conversation

while i have great respect for you and love your content i must admit the first time i saw you did a sponsorship with a crypto i was disappointed because of the heavy impact blockchain has on the environment and frankly I thought "i thought he knew better". You're not the same as the people who go and actively participate in it. and in the end it is all about how you feel about yourself and your doings.

imo, i do think that hyping crypto but not nfts is drawing the line a bit below where you are. its probably hard if coinbase is such a good sponsor, but i feel like the folding ideas video does a good job of explaining why the flaws of nfts are linked intrinsically to the flaws of crypto.

The Line Goes Up video is absolutely incredibly done, and it explains the problems with crypto and NFTs so well

After watching some stuff on ice I'm not surprised he did it. It seems like he allowed himself to hold so much animosity for his audience

Crazy impressed (but not surprised) by the success this channel is finding, and that you are finding in general lud. Content has been super good and crazily consistent. You are killing the game atm.

I love these videos, gracias El Ludgwingo, I really like your way of exposing your points. You're welcome whenever you want to come to Baja... damn now I want fish tacos and ceviche in Ensenada. Saludos my fellow internauts.

I haven't really thought about it before and I didn't judge you for taking the sponsorships that enable you to do cool stuff but honestly after seeing this video and thinking it through I don't think it's that different... you aren't as cringy bc you don't blatendly promote crypto as the main part of a piece of content (even tho the Pocemon cards are on the line there) but to me it's part of the problem since it still takes part in promoting crypto to your audience of regular people as a rich dude and normalizing it. It's great that you took this as a chance to reflect on yourself and I hope you also use it to make some other choices in the future. Great vid!

I feel like advertising a service in which you can purchase things is extremely different that advertising what is essentially stock that you have a vested interest in. For instance if you were advertising a specific crypto coin that you had invested in that would be completely different scenario. You are not directly profiting off the well being of others

I really like these videos, keep em coming lud

I think there's definitely a difference between shilling a specific crypto and a platform that allows you to buy/sell them. I wish I was informed enough to figure out how vast that chasm is, but it definitely is there.

if Lud made NFTs they would be 100 different edits of le monke

Ice Poseidon is just proving that he was never a good guy.

I would say that the line is thin and you walk it well. You seem self aware that doing what you do would seem douchey if done without some level of self awareness. I think so long as you monitor the practices of what you promote and make sure you don’t misrepresent it then youre all good.

Owning something can mean a lot of things: it can mean the right to distribute, the right to exclusive use, or the right to distribute. Owning an NFT doesn't fit into any of those definitions, you just "own it". To be fair, there can be some value to that, I like the satisfaction I get when commissioning art, supporting artists is great HOWEVER that is not transferrable, it only matters who makes the original purchase for that, the whole point of NFTs is to create transferrable digital assets, but there's nothing to transfer except prestige and status. You can compare it to physical paintings which do kinda serve the same purpose, which I don't really see the value in buying either, but there is some justification in owning the truest depiction of the artist's work, but for digital works perfect copies exist so it doesn't even have that value. There are some uses popping which kinda make more sense like memberships to an exclusive club or something, where there is an actual value (although its really just a novelty at the moment) but the vast majority of NFTs have no value beyond pure prestige and status. Maybe in the future there will be actual value attached, but there certainly isn't at the moment.

There is definitely, in my opinion a difference between collectables, like video game boxes compared to nfts. These boxes hold value on their own being video games and cultural value because of their history and probably sentimental value. A person could be a collector and not even want to sell their boxes in the future because they just appreciate this thing they have. Nfts sole purpose is to be resold to make money off of it. It is not about the art or the community or having a free market or any of the B's people may spout, it's about not being to the last person holding the board monkey and walking away with a profit. And the super rich are just advertising it so that regular people can put money into crypto. And crypto in itself I think is an issue and while yes I would say taking these sponsors is good cause people can just not buy what you are advertising, but it is true that advertisment works and there will be many that go into nfts and crypto and lose money. Overall it's just disgusting seeing how much money is being put into advertisment so that crypto and nfts stay afloat.

Scarcity sells, when there is legit 1 item (an NFT) then its all up to someones opinion on its worth. When its crypto or pokemon cards, there is usually around 1,000 to 1,000,000's allowing for a competitive market. So you, my friend, are not guilty!

Yes lud you are that guy. Upload more SAP to beg forgiveness

Keep up the great work lud! Good video

NFT’s are stupid ngl. And my friends are falling for that scam omegalul. I love your content on this channel Lud!

You "seem to give opportunities to people, reaching out to your viewer base for actual ability and also work on occasion. These attributes which are incredibly beneficial to so many people should be commended, more so if you are taking away money from false knowledge to help these aspects. Of course they have a large amount of "currency behind them, but for aslong as you also seperately expose the individual wrong doings they do while taking the money from them. Is it not a win or win for both viewers and yourself?

It’s all a display of wealth really, but at least you acknowledge it and have the conscience to ask whether that’s the right thing to do. At the end of the day it’s your choice whether you trust your viewers to be sceptical of the products that they see and understand that you only do it to provide them entertainment. As for the Pokémon cards, your viewers enjoy that sort of thing, it’s a piece of pop culture that is inaccessible to most and you’re entertaining them by giving them a look at it. Although pop culture shouldn’t be gate kept and supply and demand is kinda cringe it’s sadly how things are at the moment. You’re just providing content that people enjoy to them so don’t get too worked up about that aspect. Love your honesty and the recent vids and streams ❤️

I respect you a lot as a creator, but yeah, crypto in general is cringe. I understand you keeping up with coinbase if you require it for future projects, but it would be nice to see a separation. Glad to see this transparency with the audience as well.

I always laugh my ass off at that Matt Damon crypto commercial. “If you don’t want to get involved in a market that’s mostly to completely unregulated and is full of Ponzi schemes, you’re not one of the brave” Yeah Matt, sorry I can’t invest 1 million in crypto and if it rugs it won’t matter because I’m one of the richest actors in the world.

Yes Lud you are apart of the problem, a large part at that. Still love you though

Ludwig having also watched Dan Olson's video is so Pog. Dan deserves this attention for his insane work

I think you could continue promoting cornbase and it would be fine especially if u warn your viewers of the risks. However, if you want to be progressive and use your power to fix all this crypto nft crap then you shouldn’t do cornbase. It just builds hype surrounding the crypto craze. Yes it’s a cornbase ad but it’s also just a plain crypto ad

I love the self awareness you have Ludwig. If you have any skepticism around crypto it is worth reading "Attack of the 50 Foot Blockchain" by David Gerard to help fill in gaps around why crypto in it's current state is very problematic.

0:01 Ludwig and the colour red is a perfect example of 2 things not going together.

As long as your honest and make the risk and repercussions of crypto clear while advertising it I think its fine. If the company doesn't want you to make the risk or repercussions clear then I think thats a sign to stop working with them

@Puzzle Box nah because advertising an app to trade crypto because they pay you is different than actually advertising nfts which you're just trying to get rid of before the value drops out. Ideally you should do neither but I get that things like the podcast and shows he puts on himself need sponsors to make them viable. Although I might just feel this way because I'd personally never get into that shit

So is it fine then to sell NFTs as long as you make the risk and repercussions of them clear while advertising them?

Ludwig: shits on jimmy Toast: nods with satisfaction 🤣

I think that when you are promoting NFTs or cryto currency, you are pretty much doing the same as promoting gambling. The problem is the only way for NFTs or crypto currency to generate profit is for the bigger fool to buy in. Personally, I do think this wrong because the people who are going to be the most effected are the people who listened to their idols/heroes who are also promoting their own NFTs. It's taking advantage of fans who put their trust into someone without realizing it's a scam. Most people don't understand NFTs or crypto so it's super easy to take advantage of them. Once this scam bursts, it won't be because people realize it's a scam, but because eventually the idols/heroes promoting them have stopped (because they sold it for profit). I have some really stupid people in my family who will gamble even when they can't afford it. I know it'll be their own fault once they lose out but I also have to put blame on the many who are promoting it now.

I was not expecting for Ludwig to talk about videos of Dan Olson. This is amazing and great to show such a great creator.

I mean there's just so many shady things going on with celebrities' involvement in NFTs. Eva Longoria, Gwyneth Paltrow and Reese Witherspoon all posted NFTs by the same artists at almost the exact same time (like within an hour), and then Brie Larson followed a few hours later. The money Justin Bieber used to purchase his NFT came from the money the co-founder of one of his brands made through an NFT collection and only half the money Bieber was transferred got used and the rest is sitting in his wallet still. And on top of all of this a bunch of these celebrities have the same agency which, shocker, is currently investing in NFTs! Plus artists of all kinds are getting their work stolen left and right to make NFTs. It's all just one big rich people scam.

damn reheated breakfast pizza always slaps when im watching mogul mail, keep it up lud 👍

4:13 did you hear how quick everyone was to stop clapping? I’m no genius but I have an inkling that some of those audience reactions may be fake

Listen I’m not one of the boys, and really only watch Luds streams cuz he is funny and really he is just nice to look at. But Mogul Mail shows there is actually some substance to this man child!!