Cryptocurrency stunt to climb Mount Everest leads to a man’s death


>> SO, SO YOU CAN COME AND TAKE , IF YOU CAN. LIZ: THE CRYPTOCURRENCY HISTERIA REACHING RIDICULOUS PEAKS, QUITE LITERALLY, AS YOU CAN SEE IN THAT VIDEO. THIS AFTER A PROMOTIONAL BITCOIN STUNT WAS CARRIED OUT BY FOUR UKRAINIAN CRYPTO ENTHUSIASTS SO WHAT THEY DID WAS SUMMITED MOUNT EVEREST CARRYING TWO SMART CARDS LOADED WITH 1 MILLION TOKENS OF THE COMPANY’S YET TO BE RELEASED CRYPTOCURRENCY, BUT THE CRYPTOCURRENCY STUNT WENT AWRY AFTER THE SHERPA THAT GUIDED THE FOUR CLIMBERS AT A CERTAIN POINT WENT MISSING IN MID-MAY. THE SHERPA IS CURRENTLY PRESUMED DEAD. WE’VE REACHED OUT TO THE SPONSOR OF THE EXPEDITION UKRAINE YOUNG SOCIAL NETWORK ASK FM, PLANNING TO RAISE MONEY THROUGH AN INITIAL COIN OFFERING TO SEE IF THEY COULD PROVIDE US WITH ANY UPDATE THEIR RESPONSE TO COUNTDOWN JUST MOMENTS AGO, “AS A SPONSOR OF THE EXPEDITION WE’RE SADDENED AND HORRIFIED BY THIS TRAGIC EVENT” SO THIS THING HAS A WHOLE BUNCH OF ISSUES, CLAY MAN COUNTDOWN VIEWERS ALL OF YOU ANYBODY OUT THERE MIGHT BE STUPID ENOUGH TO TAKE THE CHALLENGE TO SUMMIT THE HIGHEST PEAK IN THE WORLD FOR A SLICE OF CRYPTO TO TRY TO FIND WHAT THEY BURIED IS THIS JUST GETTING WAY OUT OF HAND AND DOES IT HURT THE BITCOIN AND THE CRYPTOCURRENCY GROWTH AND BRAND LET’S BRING IN TWO CRYPTOCURRENCY EXPERTS, DIRECTOR OF RESEARCH IS WITH US AND WE’RE WAITING ON RYAN TAYLOR OF DASH PAY IN JUST A MINUTE BUT LET ME JUST START WITH YOU, NO LAND. GIVE ME YOUR THOUGHTS WHEN YOU SEE WHAT HAPPENED HERE AND OF COURSE OUR SYMPATHIES GO TO THE FAMILY OF THE SHERPA STILL MISSING>> YEAH, CERTAINLY IT’S A TRAGIC TURN OF EVENTS, NO DOUBT ABOUT IT. WHAT WE’RE SEEING RIGHT NOW WITH ALL OF THIS HISTERIA AROUND THESE AND THE EARLY STAGE FUNDRAISING THAT THE MARKET IS GETTING QUITE SATURATED AND PEOPLE ARE REALLY TRYING TO STAND OUT. A FEW YEARS AGO MERELY HAVE THE THE TECHNICAL EXPERTISE TO LAUNCH IT WAS ENOUGH TO GET ATTENTION. THE MARKET WAS NOWHERE NEAR AS SATURATED AS IT IS NOW BUT THIS IS DEFINITELY PEOPLE TRYING TO GET OUT THERE AND GET THEIR PRODUCT OUT THERE AND THEIR PROJECT OUT THERE. LIZ: OKAY COIN BASE YOU GUYS ARE ON A ROLE I MUST SAY. I’M SORRY COIN DESK HAS DONE INCREDIBLY WELL HERE, THE WORLD ‘S LARGEST COIN EXCHANGE WHEN IT COMES TO CRYPTOCURRENC IES BY VOLUME, SO YOU’VE BEEN GROWING AND GROWING NOT AS HOT AS IN DECEMBER WHEN BITCOIN WAS AT SOMETHING LIKE 19,000, WE ARE HIGHER TODAY BUT WE ARE WELL OFF THOSE HIGHS FOR BITCOIN. THE MARKETS THEMSELVES AS WE WATCH ALL OF THIS BITCOIN AT 7,500, TELL ME HOW THINGS ARE WORKING IN YOUR WORLD? BECAUSE IT IS STILL ALMOST LIKE THE FORMATION OF PLANET EARTH IN A WAY WHEN IT COMES TO THIS, THINGS ARE STILL SOFT AND EXPLODING AND VOLCANIC AND WHO KNOWS WHAT’S GOING TO HAPPEN. HOW DO YOU FEEL ABOUT WHAT’S HAPPENING IN YOUR WORLD?>> SO I THINK A LOT OF THAT PRICE BUMP THAT WE SAW UP IN DECEMBER WAS DEFINITELY BASED ON SPECULATION. PEOPLE’S EYES HAVE BEEN OPEN TO THE POTENTIAL OF THIS NEW ASSET CLASS AND THERE WAS A BIT OF FEAR MISSING OUT AND IT REALLY PUSHED PRICES UP AS WELL AS WE HAD THE FORKS THAT REALLY INDUCED A LOT OF NEW LET’S SAY LIQUIDITY INTO THE MARKETS BUT WHAT’S REALLY DRAWN BACK IS THERES NOW FINALLY A WAY TO BET AGAINST THIS SO THAT THE SPECULATION CAN BE SHORTED AND THAT HAD A MAJOR AFFECT IN THE PAST FEW MONTHS. MY PERSPECTIVE THERE’S A LOT OF GOOD IN THAT. LIZ: SURE.>> THE PRICE COMING DOWN HAVING THIS ABILITY TO DO THAT SHOWS IT CAN’T JUST BE SPECULATION THAT BRINGS THIS THING FORWARD. WHAT BRINGS THIS THING FORWARD IS FACEBOOK AND ALL OF THESE TERRIBLE THINGS BEING DONE WITH PEOPLE’S IDENTIFICATION. WHAT BRINGS THIS THING FORWARD IS BITCOIN BEING USED AS A CRISIS CURRENCY IN VENEZUELA AND OTHER PLACES. IT’S NOT JUST ABOUT SPECULATION MAKING A FEW PEOPLE RICH. IF BITCOIN DOES MANAGE TO GET TO THE POINT THAT A LOT OF PEOPLE BELIEVE IT CAN WHERE IT’S WORTH A TREMENDOUS FORTUNE PER COIN IT HAS NOTHING TO DO WITH THE ACTUAL SPECULATION THAT GETS IT THERE THE FUNDAMENTALS WILL BE THERE. A LOT OF AMAZING THINGS WILL HAVE HAPPENED BECAUSE OF BITCOIN TO BRING IT UP THERE SO EVERYONE INVOLVED IN THE INDUSTRY IS REALLY INTERESTED IN THOSE AMAZING THINGS HAPPENING. LIZ: RYAN TAYLOR IS WITH DASH CORE. HE’S THE CEO AND YOU’VE GOT A CRYPTOCURRENCY RYAN AND YOU’VE SEEN THIS VIDEO WHICH LOOKS VERY EXCITING BUT IT ALMOST SEEMS RIDICULOUS THEY BURIED A MILLION COINS THAT HAVE YET TO EVEN HAVE ANY VALUE. IT JUST SEEMS GIMMICKY AND I DON’T KNOW HOW YOU FEEL ABOUT IT AS SOMEBODY WHOSE GOT YOUR OWN CRYPTOCURRENCY.>> YEAH, WELL I THINK THAT THE PUBLICITY STUNT STRUCTURED THE PEOPLE’S LIVES AND I THINK THAT THAT IS AN ACT ACT OF STUPIDITY. ANY COMPANY THAT WOULD PUT FORWARD A PROMOTION THAT ENDANGERS THEIR CUSTOMERS I THINK JUST SPEAKS TO THE LACK OF BUSINESS MATURITY THAT IS INHERENT IN AN INDUSTRY THIS YOUNG AND I THINK THAT IT REALLY DOES A DISCREDIT TO ALL OF THE OTHER PROJECTS IN THIS SPACE THAT ARE DOING REALLY AMAZING THINGS. WE WORK REALLY HARD TO PUT FORWARD A PROFESSIONAL PRODUCT AND A PROFESSIONAL BUSINESS AND TO HAVE SOMETHING LIKE THIS HAPPEN JUST MAKING HEADLINES, IT

9 thoughts on “Cryptocurrency stunt to climb Mount Everest leads to a man’s death”

  1. No "crypto enthusiast" is going to climb Mt. Everest specifically to get these (as yet) worthless tokens but many parties summit Everest each year, one of those will grab the wallet which will bring attention to the ICO – which won't mean shit if the coin is shit…

  2. I like TurdCoin. CrapCoin is great too. I heard somebody also rolling out ShitCoin, got to buy it while it is creamy and hot.

  3. Yep what can cryptography currencies do for the poor ? Wala! Shit happens! The whole reason for currency is to make sharing easier! 15% fee for users and that helps who? 2% for visa mc and I get 1% back but I built a whole neighborhood a storm shelter after 194 mph winds hit it!

  4. Oh my god…"will this hurt the industry" …will a few idiots that pulled a dumb ass stunt, damage massive amounts of projects and hundreds of billions of dollars in investments?…i thought this was a reputable business and journalism channel…that is the dumbest question i've seen in a long time…they are desperate for viewers

  5. Hello amazing Video. Keep Up the great work
    Check out my Post if you like.
    We walked to the Evererst Base Camp https://www.youtube.com/watch?v=A0a-aFAAcNI&t=0s

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