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NOW ONNow kids, don't do anything bad. But we're gonna go over 5 different ways. 5 different illegal ways of making money online. So you know what to avoid. And I'm going to show you a few interesting resources here on my handy-dandy computer so that you know what to avoid. Check this out. Illegal ways to make money online. Now, I'm doing this video not to advocate making money through illegal methods online. Don't do illegal things kids. What I'm doing this video is for to help educate you on what scams, what illegal practices are going on on the internet so that you don't fall into the trap and make a mistake that ends up costing you money or scams you out of you know, some of your things.
So, without further ado, let's go over... I'm going to be going over five illegal ways that people use to make money online. And again, not advocating any of this. So, the first method of making money online is called carding. Carding or otherwise known as Phishing. Phishing with a P-H is collecting people's credit cards and really not giving them anything. iI's credit card scams. So, if you've ever logged on... If you've ever seen those spam emails where people say, you know, "Hey, log in to your PayPal account and you know give me your credit card. You have to update your credit card information." What it is is they're setting up usually a fake website that looks like PayPal in order to collect your credit card. And what people do with this data, they sell your credit card information or they buy products with it, okay? Let's go to my computer and I'll show you real quick what I'm talking about.
The second major illegal method of making money online is called blackhat marketing. Now, what blackhat marketing is, is it's essentially illegal marketing. It's making false promises using false endorsements. You know or doing spam email. Spam email is not allowed. So, any sort of illegal marketing tactic is considered blackhat. If you come with me to my computer, there's a whole forum. Again, they're sites on the internet about all this stuff. It's crazy, it's illegal. But this blackhat world is... It's mainly an SEO forum. But there's all sorts of blackhat and marketing methods that they go over on this. From spamming to fake endorsements etc. And you can find all sorts of stuff in here. Proxy data centers. People have to do a lot of technical things to skirt around all the rules when you're trying to be illegal.
The third illegal method of making money online. It's kind of sad but it's it's crypto. Okay? It's crypto / ponzi schemes. Crypto currency and the whole rage around Bitcoin and all this stuff has actually created a massive proliferation in Ponzi schemes. People are telling others that if they buy their cryptocurrency, they'll become a billionaire or a millionaire. But a lot of these company that are selling their own cryptocurrency really have no foundation, no company, no employees nothing to justify investing in their stock or their cryptocurrency. So, if you come over here with me and my computer, you'll see I just brought up a website that has a huge list. I mean this is unbelievable. It's hundreds and hundreds and hundreds of Ponzi schemes that have used cryptocurrency and Bitcoin in the last year or 2. In 2017, it became a fad to start your own cryptocurrency. And so many people start their own Ponzi schemes doing this. It's absolutely insane. So, before you invest in any cryptocurrency before. Keep in mind you may be investing in a Ponzi scheme.
The fourth illegal method of making money online is one of the oldest in the world. Drugs. Selling drugs online is another major illegal method and just like in real world, people sell drugs online. Now, the majority of drugs that are sold online... Keep in mind this is a highly illegal activity. The US government has Task Forces. Their international task forces to combat people selling drugs. Now, most of the drugs that are sold online are transacted using currencies such as Bitcoin or other crypto currencies such as Manero or etherium. Now there was recently a high-profile case of a guy named Ross Ulbricht, who got sent to jail because he ran a site called the Silk Road. Which did hundreds of millions of dollars per year in drug transactions online. And this 23 year old kid actually had hired hitmen to kill people that were conspiring to take down his digital world.
Now, the fifth and last legal wedded of making money online is a very common method. Piracy. Now, while you may think it's cool to be called a pirate. It's not cool kids. It's illegal. Don't be a pirate. But you can be it on like Assassin's Creed or something. Black flag. I play it. Love it, cool game. Play Assassin's Creed black flag if you don't...The piracy is when you downloading or selling software that is illegal. If I were to download you know Tony Robbins DVDs and copy them and sell them online, that's his content. You can't sell Tony Robbins content kids. He needs to get a cut of that. Same thing with movies. Same thing with software. You know, there's a very famous case of a marketer called Jesse Wilms. J-E-S-S-E W-I-L-L-M-S. He was involved in everything. So, I think he was involved in piracy, he was involved in carding, black hat. So, he's involved in those 3 things. And he made hundreds of millions of dollars because he was copying Microsoft Windows and selling it to people on eBay.
Q: What is the introduction to the topic of illegal ways of making money online?
A: The introduction provides a disclaimer about not engaging in illegal activities and aims to educate viewers on scams and illegal practices prevalent on the internet.
Q: What is Carding and Phishing as mentioned in the content?
A: Carding, also known as Phishing, involves collecting people's credit card information through fraudulent means such as setting up fake websites to scam individuals.
Q: What is Blackhat Marketing and what are some examples of it?
A: Blackhat Marketing refers to illegal marketing tactics that involve making false promises, false endorsements, or spam emails. Examples include spamming, fake endorsements, and using proxies to bypass rules.
Q: What are Crypto Ponzi Schemes and how are they related to cryptocurrency?
A: Crypto Ponzi Schemes are illegal schemes that promise high returns on investments in cryptocurrency without any legitimate foundation. Many Ponzi schemes have exploited the popularity of cryptocurrencies like Bitcoin to deceive investors.
Q: How is Online Drug Selling conducted and what are the risks associated with it?
A: Online Drug Selling involves selling illegal drugs through online platforms using cryptocurrencies like Bitcoin. It poses significant legal risks as law enforcement agencies actively combat such activities.
Q: What is Piracy and how does it relate to selling illegal software or content online?
A: Piracy involves illegally downloading, copying, or selling copyrighted software, movies, or content without the permission of the rightful owners. Engaging in piracy is a violation of intellectual property laws.