The videos contained in this post break down the misinformation and outright scams being promoted on Youtube.
One such channel is Crypto Nick who recently told his viewers that he didn't know the difference between a public and private key and this guy sells a $500 crypto course that (i kid you not) has setting up your Bitconnect account as one of the courses chapters.
Crypto Nicks clickbait headlined videos like (17 year old makes $300,000) are all about Bitconnect, the well known ponzi scheme and his $100 in btc giveaways keep the poor crypto newbies coming back.
This kid has no clue about investing in or securing digital assets and is spreading low quality information to the most vulnerable cryptocurrency new comers. He knows his money comes from selling the uninformed the ponzi not investing in it himself.
This video breaks down his Bull****
Heres what Charlie Lee, co founder of Litecoin had to say about Bitconnect:
These guys have been exposed over and over again. We need to do our part to make sure that they cannot poison newcomers with substandard information while charging them to do so.
The worst part is, they are multiplying! BEWARE PEOPLE
