The YouTube-posted documentary “Line Goes Up” is analogous to “The Big Short,” with the distinction that bitcoin is utilized to portray the housing crisis. Until a few weeks ago, Dan Olson had a very comfortable, though specialized, YouTube presence. Olson is a pillar of the burgeoning video essay genre on YouTube, offering long-form lecture performances on the intersection of pop culture and philosophy. The style of his videos is comparable to that of other famous YouTube bloggers, such as Contra Points and Lindsay Ellis.

Pivoting to just making videos about making YouTube videos.

Top 10 YouTube Success Tips 2022
1. create videos
2. find subjects you think are interesting (if you do others probably do, too)
3. audio good?
4. I’m pointing at a graph, that means I’m right

— Dan Olson (@FoldableHuman) August 16, 2022

His careful thought is not restricted to a single topic. Olson dissects everything with benign, earnest nerdiness, from the machinations of flat-earth truthers to the plotlines of 50 Shades of Grey and Detective Pikachu. He resembles a dedicated professor. Over the last six years, he has steadily built his subscriber base to around 640,000. Since April of 2021, Olson has been editing a video that he has finally uploaded. This is a significant departure from his satirical remarks against the film and gaming industries. Olson’s “Line Goes Up” is his most extended piece to date, clocking in at two hours and eighteen minutes, and consists of a 13-part essay on cryptocurrency and its numerous flaws. It is a massive request of YouTube users, particularly for a video that focuses almost exclusively on a single white man lecturing at a desk and is far longer than The Big Short.

However, the video hit a sensitive nerve. Olson’s tone, which was sad yet sarcastic, and his continual stream of screenshotted quotes positioned him as an authority on the topic of bitcoin for people unfamiliar with it. It was a lucky coincidence that Olson uploaded his video on the same day that the bitcoin market underwent a steep price decline. “The Problem with NFTs” immediately became a trending topic on Twitter. A week later, when Jimmy Fallon and Paris Hilton discussed their Bored Apes, Olson’s video patiently waited to explain what in the world was going on while they were discussing their apes. It now has about 5 million views, which is his highest total.

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His first job after film school was at a high school, where he was responsible for converting long classroom lectures into short and appealing films. He would begin conversing with students, and from those chats would emerge a variety of ideas for movies that did not lecture for classwork. Still, he appreciated them as film concepts anyway. During that period, he spent a great deal of time watching online videos, including those uploaded by Lindsay Ellis, Nostalgia Critic, Todd in the Shadows, and Brows Held High. Regarding this, there was a massive amount of alchemy occurring inside my mind.

His channel combines education and entertainment. He believes humour should prioritize facts only in sporadic and negligible cases. It is not a funny joke if it requires the fabrication of a lie to operate.Bitcoin was pitched as a decentralized alternative to governments and central financial organizations. To fulfil our vow to return to the gold standard, we need not physically return to the gold standard. Using the prostitutes, blackjack, and cocaine accessible for purchase on the Silk Road, we can create our very own Gold Standard.

Everyone speculated that Bitcoin would achieve popular appeal any day now, but very few individuals used Bitcoin. NFTs eventually become unavoidable. There was an influx of hypebeasts, crypto influencers, and tech influencers behaving like intolerable turds on social media. They said that we were all spreading misleading information about the new technology. We will construct an enhanced version of the internet based on cryptocurrency, eliminate the petrodollar, eradicate world hunger, and establish global peace. Even by Ethereum’s standards, April and May 2021 were quite turbulent, but this year’s decline has been far more steady. It began shakily before the new year and eventually broke down the night before the video’s premiere.

Deflationary economies are a poverty-inducing trap meant to re-establish serfdom. Precisely, for this reason, cryptocurrencies were formed. The fact that you are repeatedly warned that you will regret not arriving early is the number one indicator that being late is a trap for you.

If you do not arrive early, you will regret it. Bitcoin functions openly based on a fixed supply.

This is a central premise of their sales pitch: at some time in the future, there will be no moreBitcoins. The last Bitcoin will be mined either in twenty or eighty years; the exact date is uncertain. These cryptocurrencies have a deflationary impact, and their supply is rigorously controlled and restricted. They adhere to the philosophical view that the world should be rife with scarcity.

On YouTube, scarcity does not exist in anything close to the same way as in other contexts.

The claim that Logan Paul is hoarding subscribers is false. You cannot significantly monopolize subscription or viewership numbers even if you control a substantial percentage of the audience’s viewing time. This is true even if the bulk of your audience views your material. PewDiePie can lose his notoriety and vanish entirely, even though he has committed no wrongdoing in this respect. Similarly, his popularity may decline if people become bored of him. The deflationary incentives that are baked into cryptocurrencies, hoarding and the notion that “you’ve got to get in now because it’s going to be harder and more difficult to get in later because whatever you get later will be, by definition, worth substantially less”—this economic layer of how cryptocurrencies function is very different from the structure of an attention economy, in which hoarding is impossible.

The old web is dying away for entirely pragmatic reasons, such as the expense of maintaining a website. What is the general trend when these expenditures are taken into account? These are simple issues, and cryptocurrencies or decentralized techniques that depend on brute force cannot solve them. If you do not strive to fix these difficulties, you will only restore the status quo before your involvement.