Codie SanchezFounder @ Contrarian Thinking

Why Crypto Wallets Are A Scam #shorts

27 Oct 2022 · 0 min

Watch on YouTube

0:20

A brief YouTube short by Codie Sanchez arguing that crypto wallets are effectively a scam because small, untransferable residual amounts (cents) are routinely left in wallets due to fluctuating gas fees. Using stated figures — ~300 million crypto users and a hypothetical 14 cents left per wallet — she estimates about $42 million that cannot be transferred.

Questions this video answers

Roughly 300 million people.

14 cents per wallet.

$42 million.

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