#24: Truth, Trust, & Transparency In The Hobby
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In this episode of The Collector’s Compass, we tackle one of the most urgent and uncomfortable realities facing today’s hobby: how misinformation, pressure tactics, and high-speed live-selling environments are reshaping the collector experience—and why so many people are getting hurt in the process.
Our guest, Jack Miller (JBMcards), has emerged as a trusted voice calling out deceptive practices in the live-selling space. Jack recently posted a viral clip showing a well-known Whatnot seller falsely claiming a $2,000 “last sale” on a Yoshinobu Yamamoto PSA 9—when the true comp was closer to $300. The card was immediately run in a 10-second sudden-death auction, ultimately selling for more than double its real value while the buyer was congratulated for “getting a steal”.
Together, Alyx and Jack break down exactly what happened—and why it matters far beyond one clip. They examine how countdown timers, hype-driven chat, selective data, and fabricated comps create environments where truth can’t keep up with urgency. They explore why buyers are so vulnerable in these moments, how platforms reward speed over accuracy, and how easy it is for entertainment to cross the line into exploitation.
This conversation goes deeper than the clip itself. Alyx and Jack unpack the structural issues that enable manipulation: the misuse of eBay “Best Offer” data, how platforms incentivize theatrics, the psychology behind FOMO bidding, and the erosion of trust when sellers weaponize half-truths in high-pressure settings. Jack offers rare insight from both sides—as someone who buys and sells on these platforms, and as someone who understands how quickly the line between enthusiasm and harm can blur.
They also examine why these discussions are so often dismissed in the hobby. Why do transparency and accountability get treated as “too serious”? Why do bad actors keep getting rewarded? And what will it take to build systems that protect collectors rather than prey on them?
This episode points toward a healthier future—one where sellers embrace responsibility, platforms adopt guardrails, collectors feel empowered to slow down, and community-led movements like Collectors MD provide education, support, and harm-reduction resources for those who need it.
Whether you’re a live-stream buyer, a seller, a hobby veteran, or someone who has felt burned by impulse-driven platforms, this episode brings clarity, honesty, and a blueprint for what ethical selling could—and should—look like.
Subscribe, share, and join the movement toward intentional collecting—because the truth isn’t just protection. It’s power.
Watch The Episode On YouTube
Learn More & Join The Movement:
Website: collectorsmd.com
Socials: hopp.bio/collectorsmd
Weekly Meeting Sign-Up: bit.ly/45koiMX
Contact: info@collectorsmd.com
YouTube: @collectorsmd
Instagram: @collectorsmd
Follow Jack Miller:
Instagram: @JBMcards
X: @JBMcards
#CollectorsMD | #JBMcards | #RipResponsibly | #CollectResponsibly
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