The Dark Side of the Bitcoin Pharaoh | Cowboy Kings of Crypto
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- čas přidán 31. 05. 2024
- Who is the Bitcoin Pharaoh, AKA Glaidson Acacio dos Santos? Is this former preacher a crypto Robin Hood, and legitimate cryptocurrency investment broker, digitally redistributing wealth, helping the local ‘masses’ in Cabio Frio, Brazil profit from this new cyberspace gold rush, just like the white elites? Or is he a crook, a con artist, and a dangerous criminal crypto kingpin, violently controlling his territory and rightfully imprisoned, facing multiple charges of racketeering, money laundering, a host of other financial crimes, as well as 3 counts of murder. The answer you get to these questions will depend on who you ask.
This episode of Cowboy Kings of Crypto was made in 2022.
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You need a pro or very goodTrader. Someone like Stephany Reuben
Partner with someone who has in-depth market insight and is adept at trade execution. That’s vital.
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Now they yield about $34,000 monthly
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Always find it incredible when people put greed before common sense. If it looks too good to be true then typically it is.
That's to the systemic poverty required for capitalism to have every increasing rate of profit. Scams(and unionization) are the only way the average rabble can make themselves rich.
In Brazil, people who attend churches like Universal just believe anything their pastor says… there is no common sense.
greed is stronger than fear 😢
Brainwashing (18:55)
Like Bitcoin
The people that fell for the scam believe that the scammer is innocent. Once a loser…
imagine how they justify their votes in any election .
A sucker goes online for the first time every minute
He said “A gente sabemos” like a true carioca. 😂
Sabe nem falar corretamente!
yeah Silva, we all know cariocas are dumb lol
like a true analfabeto
Universal Church, what a surprise…
A True South American Classic.
@@The_Modeling_Underdog I cackled when they said the name of the church. Ahhh el conosur...
@@carolinaelichalt7913 Unavoidable, right?
As a Brazilian and a carioca, I remember this so vividly! These people on TV "protesting" are literally doing this out of denial, but you know what they say, denial is a river in Egypt so it makes perfect sense hahaha it must hurt so bad being schemed to this level!
Lol at the guy trying to blame the "Pharos" arrest on him being black.
Does he not immediately come off as Keenan doing a skit on all that or snl?
😂😂 good eye
This story is batshit crazy.
"New Egypt" 😂😂😂😂
It's a brazilian slang. Like american says "the wild west"
I scammed every single one of you, and yet, you still love me. This brings tears to my eye
🤣
This is Brazil. This video is a perfect summary of the stupidity of many that lives in this country.
Names his company gas lol , gas lighting everyone lol
Gas in London slang means LIES. Lol
Looks like he ate all the bitcoin
thats the best ur smooth brain could come up with?
thats the best ur smooth brain could come up with?
@@wiifii5.071 yeah , sorry it was
What kind of dumb 5 year old comment is this
How many gigabits are in a bitcoin
Not your keys not your coins, just buy btc and hold it - not that hard.
Yeah there’s no chance Bitcoin isn’t its own scheme. It’s not like Satoshi Nakamoto is a completely unknown figure or anything…
Indeed, the irony is if these victims had cut out the middle man they would typically make a larger than 10% return over an average 4 year period.
@@MattThomas-dq6fjGAS was promising 10% a month, not a year!
so sad to see so many people lose everything by a scammer and are so manipulated by him that they truly believe if this GAS company came back that they would get their money. Any excuse they can use instead of owning up and admitting that you lost everything to a fat guy in the tighter polo shirt ive ever seen.
GAS : Great At Scamming
He had an image of himself as a "pharaoh", who builds pyramids. It sounds a bit on the nose.
The government should def have the money returned to the victims but boy the victims are blind to the crimes of the GAS guy. He's not just a fraudster but a killer. He should be getting life not 30 years.
People here in Brazil dont care, they dont mind working with criminals as long they make money out of it.
you're saying the government should pay the victims with what money? taxpayer money? because if you're saying that.... i don't agree. taxpayer money should not pay for wrong investments. If the government recover the money from the fraudster it's ok.... but if not, then people should now how to invest properly. My taxpayer money it's not for paying people wrong investments, greedy investments. PS: sorry for the english, its not my mother language.
@@AndreCostaCampos they meant by selling off GAS guy's assets to pay for the scammed people's investments
@@spaghettiyeti616 tha's ok. But it's difficult because maybe some money will not be found.
@@AndreCostaCamposThe police seized a minimum of 37 millions dollars in cold wallets, depending on when does the original arrest had taken places it might have gain 50% profit, so yes the governement has a way to give the money back, they have no excuses...
With the church behind you, heaven is the limit.
That's the scary part.the catholics helped in government conspiracies before during WW2.even after??
Parabéns a todos envolvidos
It’s a shame that those who were invested in this kingpin remain GASlighted to this day
The woman that is shown protesting in support of him is a terrible actress. Not even her trusts what she's saying.
Would all those people actually be backing him if they were not so invested in him financially
No
The weak-minded always fall for a grift when religion is brought into the mix. And of course, greed.
If it sounds too good to be true it is😢
50 bucks that 80% in that Manifestation are Bolsonaro supporters 😂
They are Born Again Brethen , yes it is safe to assume they follow their Grand Poobah Uncle Borso.
Which is, if you think of, a tell tale of a sucker. If you are a Willy Nily follower of some political messiah , then you are a mark for a con men.
They are. Cabo Frio massively supports him. It’s entrenched in these religious people from evangelical churches.
@@thatbrazilianchap Voto de Cabresto or Political Clientelism. Nothing wrong with faith , but toeing the faith line is akin to a blind man leading another blind man into the cliff.
Reminds me deceased Brothel Owner , Dennis Hof , from the Bunny Ranch in Nevada , used to gather his working girls over refreshments and party favors every Monday morning to go about topics that affected girls . How to make more money from John’s , financial planing. No sales pitch, just plain basics of investing.
These faiths don’t promote free thinking and self reliance to make people to think for themselves. Being part of a closed clique alone won’t get you there.
Not long ago , there were these investment clubs made up of groups of elderly ladies who discussed stock pics over tea and cookies. I don’t see this amongst Brazilians .
Love seeing the fresh videos
Liberdade para Glaidson! Sigo confiando nele! Porque nessa matéria, não entrevistaram ele? Acusar e fácil, sem ouvir o outro lado! Sabemos quem está por trás disso! Porém, o poder, dinheiro são armas fatais!
So technically....nobody lost their investment until it was seized by the government? Prior to it being seized/frozen everyone got a return on their investment
First class logic First class truth, Many Thanks 👍👍👍
3:06 or gold and silver
Funny how people are distrustful of banks, highly regulated institutions, that have to release to the public annual balances, etc, but they'll trust a guy like this...
Revenge of the nerds continues
Stupidity don't have limits
The true lesson here is that people need to learn self custody cryptocurrency was invented to eliminate the middleman. this fella unfortunately was a middleman. I hope these people get their funds back and learn how to store their own bitcoin without having to trust a business like this. This was simply just a small version of FTX. Crypto will save us all just learn how to do it safely and don’t use centralised exchanges.
When they have to tell people is not a piramidal scheme actually it is
I swear they blaming race, religion and gender on everything now. No common sense. Ppl are so brainwashed and blind. They keep believing and falling for these same get rich quick schemes. And now they believe if they free this guy they will get their money back. Smfh. The government should give back that money though. Or Do something for the community, help Ppl. Anyways stay safe Ppl.
Yall missing the point even if he’s making money off them he’s still giving them a better return the banks etc it’s a win win situation. Which is why there fighting for him. Also there right they don’t want the Black Man Winning smh
The idea behind crypto was that you the individual can control how your money is being invested.
If a person tells you that he will invest your money in crypto…run! 😂
yeah, the opening statement of the video is antiethical to crypto, its not supposed to require trust
Vice went woke, then broke... i love it!
😅 😅😅😅😅😅 i dont trust even my lunch to this man
Still today ppl defend him online.
All that money he had and don’t give af about his shape up is wild !
Bitcoins Foundation is trust Weaponized
How about blaming the government?
Glaidson está em penitenciária federal de segurança máxima, sem ao menos ser julgado! Estranho neh?
Bob's your Uncle.
they don't even understand the concept of a pyramid scheme.
Bruh this is CELSIUS, FTX, and GEMINI EARN all combined
😢
@3:20 loaning cash to buy bitcoin at 10% guaranteed interest for a fixed term. Pays back their full investment and he keeps their bitcoin. Sure this is fine but the issue happens when you run out of new money coming in. Right there they just revealed his entire business model is a Ponzi scheme
except it isn't?
BTC has a CAGR of 75%... that is plenty enough to pay back Investors and profit.
@@odindarkangel5404 It would depend on the term length. If it's as short as 1 year, you could end up with a bear market year like 2022 and lose most of the investors money.
@@odindarkangel5404 CAGR isn’t guaranteed. Also your making the assumption Bitcoin only goes up. Past performance is not guarantee future success. This entire model was doomed from the start. This is a textbook example of the Bernie Madoff scheme. “Early investors are repaid with money acquired from later investors rather than from actual investment income”. His source of funding to repay investors would be either to use the cash from said investors or liquidate his long position of BTC (which would also be worthless if px crashed). So yes, this was in fact a Ponzi scheme.
Vice has been going crazy with the videos lately! Keep it coming!
These are all the episodes that were paywalled until vice went bankrupt. Now they are posting them for a last bit of revenue. Download them now before they are gone for good
mans couldve actually made this work with actually buying bitcoin but failed and bought cash lmao
You guys should translate it verbally for us listening on the go
wawawa noma
Finally VICE is coming back with good content, keep it up guys.
always find a way to store cash,prolly in crypto,why walk with that amount of cash in the house?
Hablo espanol, brasil is little bit different. Olá do México.
Translate without subtitles, if I wanted to read a book about this i'de go buy one, waste of time!
Brazil is not for beginners
how the hell i'm going to watch this videos in background, if you're not dub people
Deus está rico neste momento 🎉
Nah he was timing the market guys. Every investor has suit cases of cash in their apartment 😂
So people lent him money. What does this have to do with Bitcoin ? Vice is releasing a whole series of crypto scare-pieces.
Yeah thats an accurate description 😂
I swear to god you cryptobros have Swiss cheese for brains
As much as I understand, by definition Crypto Currency is unregulated and it's hidden away from the defacto banking systems that currently exist in countries around the world.
You can't demand anything from anybody using it (ie rules and regulations)... So in some places, yeah, you'll have unscrupulous thieves and such. Although you can request fair use so to speak but you kind of have to have faith amongst the people who you deal with.
These systems are obviously flawed, just as our country's banking systems are flawed. Except that we do have _some_ protection, despite the inherent unfairness...
I dunno, I'm no expert. I just use both and both I like and detest in equal measure for different reasons...
On a different note: my friend began mining Bitcoin as soon as it was invented in 2009! Back when it was literally worthless.
By 2014 he'd amassed £5million worth of Bitcoin. Then around then there was (I think?) two crashes in value. And he decided to cash in (at completely the worst time!), though he still made £3million± out of his mining.
Lastly, it helped to destroy his mental health too! Basically living in a small room at his mum's house in constant darkness (curtains drawn all the time!). Didn't ever go out, didn't wash, had no real friends left etc...
Interesting how it fucked him up.
It just seems to have made him into a very rich, unhealthy, dirty recluse with enough money to never work. Though he never does ANYTHING! I mean his life hasn't changed that much from when he had nothing, except he's just more unhappy and scared. It's odd.
I thought bitcoin was used by good people & was supposed to resolve everybody's problems 😂😂
Caraca 😮
I thought people living in poor , high-crime countries were meant to have more street-smarts and be harder to scam than people like in rich, safe countries who never come across crime?
I had the same believe util I actually visited rural Brazil. And boy are they poor. Most of them don't have any perspective which makes them desperate for any upcoming opportunity
@@kimjong-un1848 yeah, I guess this is a more rural town rather than a big city.
estarei para sempre em dívida com você, Sra. Josephine flora reitora, você mudou toda a minha vida. Continuarei a pregar em seu nome para o mundo ouvir que você me salvou de uma enorme dívida financeira com apenas um pequeno investimento. Muito obrigado. Sra.Josephine reitora de flora
Estou surpreso que você a conheça também, invisto muito lucro por alguns meses
No começo eu estava cético até que decidi tentar. Os retornos impressionantes são incríveis! Eu não posso dizer muito.
Você também investe com Josephine, reitora de flora. Uau, essa mulher tem sido uma bênção para mim e minha família.
Por favor, como posso me comunicar com ela? Ouço muitas notícias boas sobre ela.
Você pode contatá-la abaixo
The untrustworthy d-bag side and the dark side. Two heads of crappy coin.
Lol good timing with this and the government sueing uniswap. Mega fud incoming
Oh look, another fool who can't accept reality and chooses to live in a fantasy where a convicted fraudster is somehow some sort of ...what? Fake to scare you?
You people are hillarious.
hope he gets 30 years
What about Thailand Utoken scam….plz do documentary on that too…..culprit should be jailed
"in the brave new world of cryptocurrency, the msot valuable asset is trust"
That's completely antiethical to the very idea of cryptocurrency ahahaha
❤
I still find crypto wild you know, the funds now make me feel safer
Sad to see Zuluzinho turn into a grifter
This has ZERO to do with Crypto or Bitcoin, its just a classic Ponzi Scheme. The Clepto needed higher numbers so you added these buzz words.
Gas = Gas Lighting
É um verdadeiro estelionatário tem que ficar preso mesmo por muitos anos
Scammers always Use the Church to get their blinded clients.
All I can say as a brazilian is...... in brazil the banana eats the monkey !!!
Vice what's happening. Have you become only a cyber channel?
They don’t have to pay anyone on this platform
BITCONNEEEEEEEEEEEEEECT
The US dollar is the biggest currency used in crime sooooooooo
2014 he started hope he use that money to buy $1 bitcoin at that price and hw enjoying life right now. If not hes dumb
Easier to fool people, than convince them they've been fooled. And all this because of racism SMH.
lesson to be learned - when greed wants its share, it takes a big piece of the pie.
Ponzi scheme not pyramid.
So just regular fraud
But he is kinda right, no ? This is not a pyramid scheme, is a ponzi scheme
Brazilians do not grasp what actually is a Ponzi scheme. For them , any get rich quick scheme is a pyramid scheme.
For America pens, at least the ones who understand thr baseline essentials , a pyramid scheme is a multi level marketing scheme. Like selling Amway Soap and toiletries. The money isn’t in soap. It is in moving up people in the chain by recruiting other. The profit is in “ selling the method “.
What they see as a pyramid scheme is what we call Ponzi scheme , where you take money from an unsuspicious investor and pay him out with the proceeds garnered from other “investors “, without ever having invested the money.
Ask anyone there who is Charlie Ponzi, or Bernie Madoff , no one will know who they are.
And those aforementioned fleeced American and European Investors. It took a financial analyat with a degree of competence in Math to pick up on Bernie. Harry Markopoulos.
Eu no fim estou fudida mais Deus acima de tudo 😂
all this for the ignorance on How to invest on Bitcoin. Ignorance is the main component here, the perpetrator scammer is an accessory.
😲
My mom lost everything. God only knows what I want to happen with Gladson and Mirelis
2 bandidos
Crypto is not a scam. It’s the people that are the scammers that take advantage of greed. Just like they do with cash, which has way more scams, but no one calls it cash scams ..
Crypto is a scam meant to launder the ill gotten wealth of scammers
Indonesia crypto top ❤❤❤😂
3:31 owning bitcoins and owning bitcoin etf are different costs and risk exposure