02-09-2022, 06:48 PM
BBC and crypto media: "20-year-old turned $50 into $8m by trading crypto, token he s
<!-- SC_OFF --><div class="md"><p>There is a wholesome story going around by the BBC today, echoed by some crypto "media" about a young crypto millionaire that turned $50 into millions within months trading crypto. Okay, this sound somewhat unbelievable, but there's more to the story.</p> <p>They report, he is giving back to the community and "A cryptocurrency he set up to support charity has already seen more than £200,000 spent on causes, and he is looking to use further funds raised by his currency to realise his foodbank plans for his home town of Birmingham."</p> <p>The problem is: that token shut down in October, as a <a href="https://twitter.com/jimwaterson/status/1491361991541538817">Twitter user</a> found out through a short search. If you look at their <a href="https://np.reddit.com/r/Orfano/">subreddit</a> it's dead and people don't seem very happy - it seemingly was a scam.</p> <p>What the fuck? I know crypto reporting in mainstream media is often bad, and crypto media is always awful, but how can such a big medium publish such a story without the most basic research?</p> <p><strong>Edit: seems like the BBC article was taken down! You can find an archived version <a href="https://np.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/hw7ofvc/">in my reply here</a> (I don't want to link it directly as my post couldn't be posted with the link originally)</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There is a wholesome story going around by the BBC today, echoed by some crypto "media" about a young crypto millionaire that turned $50 into millions within months trading crypto. Okay, this sound somewhat unbelievable, but there's more to the story.</p> <p>They report, he is giving back to the community and "A cryptocurrency he set up to support charity has already seen more than £200,000 spent on causes, and he is looking to use further funds raised by his currency to realise his foodbank plans for his home town of Birmingham."</p> <p>The problem is: that token shut down in October, as a <a href="https://twitter.com/jimwaterson/status/1491361991541538817">Twitter user</a> found out through a short search. If you look at their <a href="https://np.reddit.com/r/Orfano/">subreddit</a> it's dead and people don't seem very happy - it seemingly was a scam.</p> <p>What the fuck? I know crypto reporting in mainstream media is often bad, and crypto media is always awful, but how can such a big medium publish such a story without the most basic research?</p> <p><strong>Edit: seems like the BBC article was taken down! You can find an archived version <a href="https://np.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/hw7ofvc/">in my reply here</a> (I don't want to link it directly as my post couldn't be posted with the link originally)</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sobivz/bbc_and_crypto_media_20yearold_turned_50_into_8m/">[comments]</a></span>Kind Regards R