The Puppets of Online Gambling
Summary
TLDRThe video script discusses the controversial world of online gambling, focusing on the rise of cryptocurrency casinos like Stake.com. It questions the legitimacy of Curacao's gambling licenses and the ethics of influencers promoting gambling, highlighting the wealth of young entrepreneurs like Edward Craven. The script also delves into the persuasive tactics of celebrity endorsements and the potential negative impact on viewers, particularly the exploitation of loopholes in Australian law by online casino operators. It critiques the normalization of gambling in pop culture and the manipulative marketing strategies used by these platforms.
Takeaways
- 🎰 The speaker discusses the controversial nature of online gambling, suggesting that it can be both entertaining and destructive.
- 💡 There is an emphasis on the idea that gambling should be seen purely as entertainment and not as a means to get rich quick.
- 📣 The script highlights the role of Curacao as a hub for online gambling companies due to its lax regulations.
- 🏠 It is mentioned that the headquarters of a crypto casino is surprisingly modest, suggesting a potential scam.
- 🤔 The legitimacy of online gambling platforms, especially those licensed in Curacao, is questioned due to the country's limited resources for oversight.
- 💰 The story of Edward Craven, a young multi-millionaire co-founder of a major online cryptocurrency casino, is presented as an example of the industry's success.
- 📉 The script points out the loophole in Australian law that allows online casinos to operate as long as they do not advertise or serve Australians.
- 🎲 The use of cryptocurrency in online casinos is highlighted as a way to bypass government control and make gambling universally accessible.
- 📊 The potential negative impact of celebrity endorsements for gambling platforms is discussed, suggesting that it can influence vulnerable individuals.
- 🕊️ The video also touches on the ethical considerations of promoting gambling, especially to younger audiences, and the responsibility of those involved.
- 📈 The script concludes with a warning about the influence of money in promoting gambling and the potential dystopian future where such practices become normalized.
Q & A
What is the main theme of the video script discussing?
-The main theme of the video script is the critique of online gambling, particularly focusing on the operations of crypto casinos like Stake.com, and the ethical implications of celebrity endorsements and streamers promoting such platforms.
What is the 'crazy time' referred to in the script?
-The 'crazy time' mentioned in the script seems to refer to a high-stakes gambling event or moment, possibly a feature of the gambling platform being discussed, where large amounts of money are at risk.
What is the stance of the script on gambling as entertainment?
-The script suggests that while gambling is presented as entertainment by certain platforms and individuals, it is not a sustainable or ethical form of entertainment due to its potential to cause financial ruin and addiction.
What is the significance of Curacao in the context of this script?
-Curacao is significant in the script as it is portrayed as a location where many online casinos, including those mentioned in the video, obtain their licenses. The script questions the credibility of these licenses due to Curacao's limited resources and regulatory bodies.
Who is Edward Craven and what is his connection to Stake.com?
-Edward Craven, also known as Stake Eddie, is a 26-year-old co-founder of Stake.com, which is described as the world's biggest online cryptocurrency casino. He is presented as a public figure associated with the brand and its controversial practices.
What is the 'low elaboration' concept mentioned in relation to celebrity endorsements?
-The 'low elaboration' concept refers to a psychological process where people are influenced by celebrity endorsements without deeply considering the message or its implications. It is used by the script to critique how such endorsements can lead to poor decision-making by the audience.
What is the 'elaboration likelihood model' and how is it applied in the script?
-The 'elaboration likelihood model' is a theory that explains how people process persuasive messages. In the script, it is applied to analyze how the marketing strategies of Stake.com, particularly celebrity endorsements, rely on peripheral processing rather than central, thoughtful consideration.
What is the criticism of Train, a Twitch streamer, in the script?
-The criticism of Train in the script is that he promotes gambling to his audience through his sponsorship with Stake.com, capitalizing on his viewers' addiction for his own financial gain, despite claiming it is for entertainment purposes only.
What is the 'Inoculation Theory' and how does the script relate it to Train's defense of his gambling sponsorship?
-The 'Inoculation Theory' is a concept that explains how people can be immunized against persuasive messages. The script relates it to Train's defense of his gambling sponsorship by suggesting that he uses various refutational messages to inoculate himself against criticism and maintain his stance.
What is the final message or warning of the script regarding the promotion of online gambling?
-The final message of the script is a warning against the normalization and promotion of online gambling, particularly through the influence of celebrities and streamers. It criticizes the ethical implications of such promotions and the potential harm they can cause to individuals who may be susceptible to addiction.
Outlines
🎰 The Dilemma of Online Gambling Promotion
The video script begins with a contemplation on whether to continue with an online gambling venture. It highlights the allure of 'crazy time' gambling events and the speaker's anticipation of a record-breaking outcome. The script emphasizes that gambling should be seen as entertainment, not a means to get rich quick. It critiques the practice of licensing online casinos in Curacao due to its lax regulatory reputation. The narrative also touches on the controversial nature of promoting gambling to a younger audience and the dubious legitimacy of online gambling operations, exemplified by the success of 'crypto king' Edward Crave and the operations of 'state.com'.
🕵️♂️ Exploiting Legal Loopholes in the Australian Gambling Industry
This paragraph delves into how online casino operators, such as Crave and Tehrani, exploit loopholes in Australian law to run their businesses. Despite the prohibition of online casinos in Australia, they found a way to operate by not advertising or serving Australians directly. The paragraph also discusses the rise of cryptocurrency casinos like Stake.com, which have grown exponentially in recent years, using crypto to bypass government controls. It raises ethical questions about the influence of such businesses and their marketing strategies, including the impact of celebrity endorsements and the potential for addiction and financial ruin.
🎙️ The Power of Celebrity Endorsements in Gambling Marketing
The script explores the persuasive tactics used by online gambling platforms, particularly focusing on the collaboration between Stake.com and the celebrity Drake. It uses the Elaboration Likelihood Model to explain how celebrity endorsements can influence attitudes towards gambling. The theory suggests that people are more likely to be persuaded by attractive, low-elaboration messages, which is the strategy employed by gambling companies. The paragraph criticizes this approach, arguing that it preys on viewers' admiration for celebrities rather than providing substantial reasons to engage in online gambling.
🤑 The Lucrative World of Crypto Casino Sponsorships
This section of the script discusses the financial incentives behind crypto casino sponsorships, focusing on the Twitch streamer Train, who reportedly earns over a million dollars a month for promoting Stake.com. It examines the argument that Train and other streamers are merely providing entertainment and that their viewers are aware of the risks. The script also touches on the psychological techniques used by these streamers to defend their sponsorships, such as inoculation theory, which involves building resistance to counter-arguments and maintaining a stance despite ethical concerns.
💸 The Ethical and Moral Implications of Gambling Sponsorships
The final paragraph addresses the moral and ethical implications of gambling sponsorships, particularly focusing on Aidan Ross, another Twitch streamer sponsored by Stake.com. It discusses the financial windfalls these streamers receive and the potential harm they cause to their audience by promoting gambling. The script also criticizes the normalization of such practices and the dystopian future where influence and wealth can overshadow ethical considerations. It concludes with a warning about the potential global impact of crypto casinos and the need for critical thinking and resistance to their persuasive tactics.
Mindmap
Keywords
💡Crazy Time
💡Gambling
💡Curacao
💡Cryptocurrency Casino
💡Train Wrecks TV (Train)
💡Inoculation Theory
💡Drake
💡Elaboration Likelihood Model (ELM)
💡Streamers
💡Gambling Sponsorship
💡Hypothetical Syllogism
Highlights
The speaker contemplates whether to continue with an activity, hinting at a 'red crazy time', suggesting high stakes or intense experiences.
Mentions of '20x crazy time' and record-making events imply significant, potentially risky gambling activities.
A strong caution against gambling is stated, emphasizing it as entertainment only and not a means to break even or win.
The speaker criticizes the use of excuses and encourages taking initiative with the phrase 'stop using excuses, boss up, get up and grind'.
A discussion on the ease of licensing online casinos in Curacao due to its reputation for regulating gambling websites is highlighted.
The headquarters of an online casino is humorously described as being in a shed, indicating skepticism about the legitimacy of such operations.
A 26-year-old co-founder of a major online cryptocurrency casino purchasing a mansion for 38 million Australian dollars is mentioned, raising questions about the source of such wealth.
Curacao's role as a hub for over 450 online casinos and its questionable regulatory reputation is critiqued.
The financial success of a young entrepreneur in the online gambling industry is juxtaposed with the legal and ethical concerns of the business.
A loophole in Australian law that allows online casinos to operate as long as they don't advertise or serve Australians is revealed.
The speaker reflects on the moral implications of offering gambling services and the potential for harm.
The rapid growth of crypto casinos and the astronomical amounts of money involved are discussed, with concerns about the impact on individuals.
Celebrity endorsements, such as Drake's collaboration with Stake.com, are analyzed through the lens of the Elaboration Likelihood Model.
The persuasive power of celebrity advertising, particularly in the context of low elaboration or critical thinking, is examined.
Inoculation theory is introduced to explain how individuals, such as a Twitch streamer named Train, defend their attitudes against counter-arguments related to gambling sponsorships.
The concept of the 'hypodermic needle effect' is critiqued for its outdated view of audiences as passive consumers of information.
The normalization of gambling in mainstream culture through celebrity endorsements and the potential dystopian future of such practices are discussed.
Transcripts
oh this is tough decisions do we keep
going or what i don't know
i'm thinking i'm thinking we keep going
for a bit and like i'm due for that red
crazy time there's no doubt about it
there's no questioning that
[Music]
oh this is 20x crazy time this is gonna
be [ __ ] crazy
this this i tell you what this is gonna
be this here is gonna be [ __ ] record
making you're about to witness history
go down here do not get it twisted do
not gamble
do not start gambling is entertainment
and entertainment only
you won't break even you won't win you
won't do any of that do you understand
it's [ __ ] dope these people rinse
their fans and then get to go perform in
like live event spaces
listen man in life you're dealt cards
okay excuses are literally the most
stupid thing stop using excuses
boss up get up and grind
so you want to get rich and you want to
get rich quick like really quick there's
just one problem your country doesn't
support your entrepreneurial spirit so
you license an online casino company in
curacao because they have a stellar
reputation of regulating the biggest and
most trustworthy gambling websites
across the globe
gambling companies because it's not just
i know a lot of you guys just know like
rubric what is it is that it steak
everyone knows steak steak's the most
popular one and that's because train
does it and ecstasy does it right they
were willing to pay me 35 000 an hour
but what they wanted
was it i couldn't even utter the words
what they wanted me to do wreck this is
their headquarters bro on google maps
this is where give me a second here no
no no this is important this is where
state casino's located you guys i gotta
see see how have we gone
the argument of kids promoting and
catering to kids
and now we're talking about their crypto
oh this is the you guys
this is not a scammer business train i
mean honestly can you because it looks
it sure looks like a [ __ ] scam look
at this this is their address maybe it's
not this is their address you guys they
they're in a shed you guys are crazy to
me they're in a shed this is their
headquarters
crypto king edward craven buys two rack
mansion for 38 million australian
dollars
edward ed craven 26 year old co-founder
of the world's biggest online
cryptocurrency casino state.com let's be
honest do you expect anyone to believe
that a tiny island off the coast of
south america that got independence 12
years ago has the resources and
governing bodies to ensure that all is
fair and just in the world of online
gambling i really don't think so curacao
is home to over 450 online casinos
including reubet doolbits and the most
successful behemoth in the crypto casino
space stake.com curacao gambling license
is a laughable stamp of approval that
your grandma could get if she wanted to
it has the same authority as a wet
napkin and it only exists because the
country is struggling
this is for franch boemweg home to raw
entertainment bv which is reubet and
medium rare envy which is steak raw
medium rare steak come on not exactly a
billion dollar operation is it how do
you explain a 26 year old spending 38
million australian dollars on a house
while operating a company that isn't
even legal in his own country eddie
craven is a 26 year old
multi-millionaire who co-founded
steak.com with 28 year old bijan tehrani
together they formed easy go gaming
based out of melbourne australia not
much is known about bijan tehrani or how
these two came together but kraven can
be seen as the face of stake he goes by
stake eddie on youtube and you can be
the judge if this is real or not oh this
is tough decisions do we keep going or
what i don't know i'm thinking i'm
thinking we keep going for a bit and
like i'm due for that red crazy time
there's no doubt about it there's no
questioning that every spin slow down
[Music]
holy holy [ __ ] holy crap oh
this is it get the [ __ ] cameras out
i'm [ __ ] recording this [ __ ] oh oh
this is 20x crazy time this is gonna be
[ __ ] crazy this this i tell you what
this is gonna be this here is going to
be [ __ ] record making you're about to
witness history go down here
holy [ __ ] shageebus yo this [ __ ] goes
20x crazy time can i start saying that
and just steal it you know easygo games
is a startup company based out of
australia that builds the games that
these casinos use and right now steak is
valued at over 1 billion
but how is any of this possible if
australia outlawed online casinos 20
years ago craven and tehrani have
figured out a loophole in australian law
and have been exploiting it for years
online casinos are prohibited in
australia so long as you don't advertise
or serve anyone in australia if they're
able to outsource the licensing and they
don't explicitly advertise in australia
then technically they're in the clear so
how did this website get so big this is
not craven and tehrani's first rodeo
over eight years ago they launched prime
dice and according to craven himself
prime dice was the biggest bitcoin
gambling website at the time in 2015
craven posted on the bitcoin.com forums
under the alias edward miroslav do you
consider offering gambling to be a moral
issue is your view if we wouldn't offer
it they would gamble on another site or
do you think that some people may have
started gambling by finding prime dice
and maybe wouldn't have started
otherwise what percentage of prime dice
players do you think are under age do
you consider it an issue that players do
not have to provide any personal data
craven responds by saying i don't
consider it to be a moral issue i view
it purely as entertainment and enjoy
responsible gambling myself i definitely
hit a point where i thought prime dice
was a net negative for the community but
then i watched sight after sight scam
users out of countless thousands of
coins prime dice is a safe haven for
people who want to bet where the user
knows the role will not be manipulated
and knows exactly what the odds are at
the end of the day gambling is the
choice of the individual but what is
truly a shame is when casinos fleece
unsuspecting users who think they are
getting the advertised odds many may
disagree but if prime dice and our
future offerings can bring provably fair
gambling and a lower edge to the masses
we will have definitely impacted this
industry in a positive way the future
offerings
steak.com crypto casinos have exploded
in the last three years and stake sits
at the top of the food chain using
cryptocurrency instead of actual dollar
amounts makes it universally available
and evasive from any central government
the amount of money that we're talking
about with stake.com begins to not make
sense the longer you think about it
you'll see streamers lose eight hundred
thousand dollars in a matter of minutes
and then recoup it back with a million
dollar jackpot moments later i've been
sitting here for eight days
12 hour streams hundreds of thousands of
dollars everyone else is happy on every
other machine hitting big i've shown
loyalty to you and you just spit in my
face
how can you do that to a degenerate
gambling addict that's trying to give
you everything just to get back more
oh my
god the haters [ __ ] the haters [ __ ] the
haters [ __ ] the haters
you see gambling is oftentimes compared
to other vices like tobacco and alcohol
although all of them can ruin your life
one of them has mathematical odds
stacked against you it is no secret that
the house always has an edge the game is
rigged against you yet people still
voluntarily partake whether it be the
rush of neurochemicals firing off making
people throw their money away or an
addiction that slowly strangles people
it is glaringly obvious that gambling
can ruin lives and while craven is
correct in stating that gambling is an
individual's choice individuals choices
can be influenced and when you can
afford to buy influence you begin to
lose any sort of credibility and luckily
for you guys i don't have to flee to
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[Music]
i'm about to explain how the buying
power of celebrity advertising through
the elaboration likelihood model
predicts the persuasive process of
stakes marketing aka their collaboration
with drake is sinister according to elm
people want to hold useful accurate
attitudes an attitude is defined as an
enduring way of thinking or feeling
about someone or something and it has a
valence it's either positive or negative
this theory states that one messages are
persuasive if they produce favorable
thoughts odds are you are not going to
be persuaded if something is very
annoying number two people's abilities
to process information varies
elaboration is the extent to which
someone thinks about issue relevant
information and elaboration likelihood
is the probability that high elaboration
will occur this will all start to make
sense once we apply it to stakes
advertising campaigns if we take a look
at drake's collaboration with stake.com
it's obvious that he is not going to
give us the scientific objective data
arguing why we should be gambling if he
did that would be an example of high
elaboration instead we can see a prime
example of a message source gamble with
stake with low elaboration the
parameters that dictate a message source
include expertise trustworthiness and
attractiveness expertise only persuades
if we know that the message source is an
expert going into the message it's safe
to say that drake is not an expert this
collaboration came out of nowhere
trustworthiness can be measured if the
message is unbiased and objective in
this case drake's collaboration with
stake is biased because he's being paid
millions of dollars and subjective
because he promotes this company with
low elaboration the attractiveness of a
messenger is more persuasive with low
elaboration meaning the more you think
about the message the less important the
actual attractiveness of the source is
but remember celebrity advertising is
banking on low elaboration you're not
supposed to be sitting there critically
thinking about why he's collaborating
with steak that's why drake's
attractiveness matters in this context
according to elaboration likelihood
model there are two ways that people
digest information number one is central
route processing this is when
elaboration is high and people can be
seen paying attention to every little
detail number two is peripheral route
processing where elaboration is low and
you start to notice the less important
things celebrity endorsements operate
using peripheral route processing they
are banking on the fact that you will be
so enamored or distracted to actually
think hard enough to scrutinize the
message being delivered most people
don't just use one route of processing
or the other but actually both
interchangeably to varying degrees based
on certain personality traits such as
relevance most people can't relate to
online gambling but we've been socially
conditioned to accept drake as part of
pop culture everybody knows drake this
can be seen when people are fanning
money and screaming in excitement
whenever drake gives them money
[Music]
the other personality characteristic
that dictates how you process
information is one's need for cognition
is your brain smoother than a chicken
cutlet or are you a wrinkly brain chad
this really just depends on if you're
smart or not are you on the edge of your
seat thinking that stake.com is cool
because drake said so or do you make a
mini documentary about the ins and outs
of mass communication and its effects on
audiences as a whole it is obvious that
no solid information or arguments can
convince people why you should gamble
away your money online the only thing in
this advertisement is drake's name
attached to it and he even said that
he's going to give back to the people
this world is diseased stake.com's
commercials are designed to appeal to
the peripheral processing route they are
literally telling you that you're too
stupid and lack the cognitive ability to
read deeper i know this because it's
impossible to design a central
processing route message when it comes
to gambling it is a degenerative
activity proven time and time again to
produce net negative results this is
precisely why celebrity advertising is
stake.com's favorite way of marketing
steak is the master of puppets pulling
the strings of their pawns across the
globe they offer a disgusting amount of
money to streamers celebrities and
organizations in order to inject their
brand into pop culture drake the ufc and
twitch streamers are just the start of
it all of these people and corporations
are abusing their power social
relationships that got them in their
position in the first place while
insulting the intelligence of their
audience all while hiding behind weak
arguments and coping mechanisms to
justify their sponsorship
[Music]
train wrecks tv or train is the largest
crypto casino twitch streamer who moved
to canada to pursue his gambling
sponsorship with steak at first he was
being paid around one million dollars a
month and that's precisely why they're
paying you a million dollars a month
like look they're i think
the bag is one thing right and by the
way
money and my affiliates show that they
are losing money on me they pay me
because if i'm gonna go live they want
it to be on their site they find it more
damaging if i'm on another site versus
being on theirs do you understand they
don't pay me because i'm bringing them
money yeah a billion dollar company that
operates out of a shack in the middle of
the ocean just loves to lose money but
recently he stated are you making a
million mistake i'm not making a million
more making much more the [ __ ] do you
mean a mill a month
the [ __ ] that was the first month buddy
the [ __ ] do you see what i gamble with i
mix what i make
and what i already have together and i
gamble raw
now has that been smart for me
absolutely [ __ ] not he also had an
affiliate code in which he profits off
his viewers gambling on stake but it
seems as if he's at the point now where
he doesn't need to advertise it trane is
known for hitting absolutely insane
jackpots including 14 million dollars
and more recently a maximum jackpot of
22.5 million and to any doubters out
there train would tell you that he
wagers more than he wins of course he
would hit these giant jackpots he plays
slots for 16 hours a day do you not tune
into the streams only the ogs know how
much he's actually putting on the line
for your entertainment there are two
objective truths i'm about to tell you
stake is making a return on investment
with their sponsorship people gamble
because of train this is how any
business works it's simply an exchange
of value and number two train gets paid
millions of dollars a month regardless
if he's up or down to click spin on a
slot machine is the money real that
they're playing with the streamers will
all say yes are the jackpots rigged in
their favor and all the streamers will
tell you no but do you believe them
there are common deflection techniques
that train uses whenever someone is
critical of his sponsorship with stake
he's able to avoid any sort of
accountability by doubling down on
everything never apologizing and
creating an us vs them dynamic in which
people are just fake jealous or they
have an agenda that they want to push
let me explain how train defends his
gambling sponsorship through inoculation
theory in 1961 william maguire founded
inoculation theory contrary to other
theories like cognitive dissonance or
the elaboration likelihood model
inoculation theory explains how to avoid
persuasion number one people can defend
their attitudes against
counter-arguments in this case trane is
able to defend his stance about gambling
on twitch number two people can build a
resistance to persuasive messaging by
being inoculated or exposed to
counter-arguments persuasion in this
case refers to making train realize that
his sponsorship is either unethical
immoral or has negative consequences for
his viewers resisting persuasion starts
with threats explicit threats are when
you go into an argument knowing that
you're going to defend your beliefs an
example of this is when he debated the
morality of his content with h3h3 hassan
and xqc versus an implicit threat which
is when you are unaware of an impending
argument the inoculation message or the
inoculation pre-treatment is giving
someone weak counter-arguments to defend
against and refutations to those
arguments inoculation theory has two
main claims the first claim of
inoculation theory is that people can be
inoculated against persuasive messages
number two the target attitude of relief
must be in place before inoculation
meaning you have to be a fan of gambling
in this case before you are inoculated
refutational preemption is providing
counter arguments and refutations at the
same time to prevent later persuasion
this can be observed in the back and
forth of any of these gambling debates
there are two types of refutational
messages in this instance refutational
same and refutational different an
example of a refutational same message
when it comes to train wrecks is
accusing him of promoting gambling to
kids he then responds by saying my
audience is not kids and i don't promote
gambling at all i'm not a child friendly
streamer right like i'm not brand
friendly i'm not child friendly right i
don't have that audience nor is my
personality for that audience i just
have an issue with the promoting
gambling thing i mean i guess you could
argue regardless me just playing it
passively could promote it to a certain
degree but i think as long as i'm saying
what i'm saying showing the
reality of it like i don't i don't know
a refutational different message is when
you change the argument to something
similar in this case train will say that
he's for entertainment purposes only and
he has streamer capital to gamble do not
get it twisted do not gamble
do not start gambling is entertainment
and entertainment only
you won't break even you won't win you
won't do any of that do you understand
you will only go into debt and ruin your
[ __ ] life i do this because i [ __ ]
love it i do it all the time it's
entertainment for people who can afford
it
and that's it he even goes as far as to
put a warning label on his streams which
is the equivalent of smoking causes
cancer which is funny because you'll
never meet somebody who smokes and
actually cares that it causes cancer i'm
only relating these things to smoking or
say drinking because these are the
arguments that are thrown out into this
sphere trane is able to resist changing
his attitudes and beliefs about gambling
because he has been so many arguments
with refutations to his beliefs that he
is inoculated to change
[Music]
hidden ross is the perfect useful idiot
for a billion dollar crypto casino ever
since he blew up on twitch by pretending
to be gay in front of rappers he acts
oblivious and stupid always making
himself the target of a joke he is
unapologetically dumb as if
self-awareness can excuse ripping off
your own fans by the way that milk token
[ __ ] i did while back
i already told you guys don't buy that
[ __ ] i got paid a bag do that [ __ ]
like i don't give a [ __ ] how many guys
actually bought it
[Laughter]
first he was face banks puppet with
rubet and wizza securing millions of
dollars flying down to mexico to skirt
gambling laws in the u.s and now he is
sponsored by steak when one casino gets
exposed it's on to the next and when
there's a bag to be secured it's
apparent that aidan ross will say yes to
anything he has solace in that his fans
will have his back so long as he makes
himself seem too naive to understand the
consequences of his actions aiden ross
has a history of leaking his discord
messages revealing how much he gets paid
to promote gambling to his fans ajin
living in a world where million dollar
deals are being discussed in a discord
server that is the dystopia that we're
living in he even argued for more money
because other shady crypto casinos were
paying him top dollar these crypto
casinos have that much money because of
their structure similar to train aiden
ross moved to canada to pursue his
gambling sponsorship with steak and
right now aiden ross is making anywhere
from 600 000 to over a million dollars a
week for gambling on steak.com this is
one of his crypto wallets and as you can
see constant streams of 300 ethereum are
being deposited for a three-month block
okay okay all right i get what you're
saying but the phil's thing is what i
was like all right the phil's thing is
what's wrong i get that but if it's raw
balance
you know it's my money and i get i'm
being paid to do it
it's still it's it's it's not fake
gambling anymore at that point
do you get what i'm saying
no i don't don't get what you're saying
like even so you're you're i get it i
get what you're trying to say i still
don't agree with it it doesn't matter
you're like oh man i'm just like losing
my own money who cares it's like okay
you're still i know what you're saying
either either way either way i think
if you gamble you're gonna lose and i
make that very clear and everyone knows
that
but
look the only thing that is gonna make
you stop i know for a fact is when steak
is like all right we're no longer paying
these [ __ ] and then you're
still gonna gamble probably but not as
much as you do and you're not gonna move
to toronto for it
true aiden ross just admitted that he
would not be gambling as much if stake
pulled their sponsorship with him
because then he wouldn't have the
cushion to fall back on meaning if this
was his actual own money he would be
more cautious with it he would not be
gambling this makes any sort of losses
that these streamers rant about and cry
about meaningless these streamers are
not living in squalor making ramen for
dinner because their gambling addiction
got the best of them one look at any of
the sponsored streamers lifestyles and
you'd see that they are balling out
while capitalizing off their audience
the dark reality is steak is getting an
exponential return on investment with
their money the streamers are making
millions of dollars and the entire cycle
is fueled by the minority who fall
victim to gambling while the internet
discusses the moral and ethics of
gambling for the entertainment of others
no one is talking about the hypodermic
needle effect of stake.com this debunked
linear method of communication assumes
that the audience is a passive consumer
being spoon-fed information unable to
form their own thoughts opinions and
beliefs obviously we know that audiences
are active and they should actively
challenge any sort of information that
they consume in the orwellian world that
we're headed towards stake.com has
enough money to buy influence and we're
just forced to accept it as the status
quo twitch streamers the ufc soccer
teams and drake are just the first pawns
in a long game of chess steak will
expand into all aspects of gambling and
it won't be before long you start seeing
a global presence the celebrities and
corporations that endorse steak.com or
other crypto casinos are signing on the
dotted line for a bag period they're not
experts they're not trustworthy and it's
an insult to everyone's intelligence
that this level of buying power is being
used to lure people into gambling the
normalization of stake into mainstream
culture is dystopian at its core they
are targeting the largest celebrities on
the planet painting them as proverbial
robin hoods giving back to the poor
abusing parasocial relationships via
streamers to capitalize on an addiction
jumping through legal loopholes to
operate in australia and licensing your
company to a shack in the middle of the
ocean and who knows what they're pulling
behind the scenes
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