He was scammed for over $150,000 by USI-Tech’s mining scheme in 2017, being scammed for six-figures resulted in a cascade of events culminating in him ending up homeless in a tent in the woods in Scotland (which just sounds soggy to me!)

In this interview he tells the whole story and details the red flags ignored, we also discuss what’s cryptocurrency scams are out there lurking now - what’s the next Bitconnect...

We discuss

3:12 Matt’s entrepreneurial origin story

19:30 The cryptocurrency mining scam

30:06 Going homeless

38:59 How to avoid scams

51:15 Is “digital gold” a scam

59:25 Is XRP a scam?

1:05:12 Jonathan’s dating advice to future-crypto millionaires

All resources mentioned

https://marketplacegold.com/blog/25-matthew-gumke-interview

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I'm an independent researcher passionate about financial antifragility and economic philosophy, not a licensed financial adviser. This is not financial advice. Please practice skepticism and critical thinking.