This guy was famous for posting these photos flaunting how much money he was wearing. It blows my mind to think someone could be this open about doing this
I knew this guy from before he was a major league crypto scammer. I assure you although part of this is actual lack of taste, he is quite conscious of how he looks and intentionally turns the tackiness and gaudiness up to 11 even beyond his own sensibilities. It is a filter, designed to screen out people who might have enough common sense the question the legitimacy of his claims.
He used to hang out in a telegram channel that was associated with a vlog which was somewhat popular for a few years in the Bitcoin community despite being somewhat more critical than supportive of cryptocurrency overall, growing more skeptical with time.
I think he was a guest a couple times on the program, and it became a regular in the telegram channel afterward. He had a penchant for ridiculous set dressing even then, although from what I have heard he went way over the top once he started the hex scam.
When it comes to both scams and investing, sometimes a kind of ancient "look at me I'm obviously wealthy and successful, so clearly you should treat me favorably and maybe link your fortune to mine" thing going on.
> It was quite a crash, Nakamura Lines. Respectable middle-aged businessmen took to leaving their hotel windows without their lift belts. Me, I kept spending. If I'd started living frugally, my creditors would have done some checking... and I'd have ended in debtor's prison.
Relatedly, the bizarre "Prosperity Gospel" thing where preachers of a religion ostensibly following a teacher who believed that you should give all your money to the poor (and be sure to toss all the bankers lending money out of your church while you are at it) spend incredible amounts of money on fashion and private jets and expensive homes in some religious message that spiritual wealth is "trickle-down".
I feel like it's fairly common for scammers to show off a fabulously wealthy lifestyle real or imagined.
For some people it makes them think "whose money did they spend to get all that?" and for others it makes them thing "if I give them my money to invest too soon I'll be on the plane"
It’s true. Designer clothes and social media is a weak flex though. Or, I’m just of an age/mind to see it as such. I can see how people fell for Bernie Madoff at a certain point. The social proof was strong.
You can rent a fancy car, take a selfie with it, post it on instagram saying "DM me for a ONCE IN A LIFETIME investment" and take home $100k no problem. Some people have no idea how money works.
