The manufacturing workforce flew to Uganda for what was presupposed to be “The Lacking Cryptoqueen’s” final episode. They needed to indicate how far the OneCoin rip-off traveled and what it did to its victims. The outcomes are devastating. Because it occurred everywhere in the world, individuals in Uganda couldn’t afford to lose one greenback and ended up falling for OneCoin and dropping all of it. Dr. Ruja Ignatova is a legend over there. And on this episode, we additionally get to fulfill individuals who nonetheless consider in her and the OneCoin mission.
Anyway, let’s get into the episode titled “The Expertise and the Dream.”
Keep in mind, you’ll be able to obtain episodes immediately from the BBC, or take heed to “The Lacking Cryptoqueen” by means of Apple, Spotify, or iVoox.
About “The Lacking Cryptoqueen,” Episode Eight- “The Expertise And The Dream”
On this interview-heavy episode, the manufacturing workforce exposes the embarrassment and disgrace of the victims. Their hopes, their desires, and the denial that result in this. The sheer quantity of devastation OneCoin brought about in Uganda, the place individuals offered every part to get in on the early flooring and a few of them even received loans. We additionally be taught that on the time of recording, because it occurred in Bulgaria, OneCoin was nonetheless operational in Uganda. The group was nonetheless working, individuals have been nonetheless investing, and entrepreneurs have been nonetheless recruiting.
We get to fulfill many characters, however the standing out one is Saturday David. He’s a multi-level marketer who made some huge cash promoting OneCoin, but in addition purchased so much himself. When Jamie Bartlett interviews him, he has stopped promoting the product however nonetheless believes in Dr. Ruja. He additionally thinks there’s an opportunity for the cash he has put in to multiply as he has promised numerous individuals. Plus, he nonetheless believes in cryptocurrencies as an idea and his goal is to construct a crypto-friendly metropolis in Uganda.
The Uganda episode was introduced because the sequence’ final, and it ends with a short abstract of all the members’ lives and every part. That’s till the producers inform us that their “telephone rang yet one more time.” An nameless contributor referred to as the present’s helpline and instructed them that they have been too near discovering Dr. Ruja to give up. He confirmed that she’s in Frankfurt, seems to be like a German woman, and was in attendance on the Miss OneLife pageant because the manufacturing crew suspected.
Quotes From The Uganda Episode of “The Lacking Cryptoqueen”:
A promoter provides an instance of what OneCoin middle-management insiders assume occurred to Dr. Ruja:
“She went right into a safer zone as a result of OneCoin is larger than what individuals thought. So when different individuals received to know that it’s combating the present method of banking. So our chief needed to sacrifice herself and go to a safer zone and focus on bringing the imaginative and prescient to actuality.”
Bartlett on what Dr. Ruja knew about human nature and the historic second we’re residing in:
“Perhaps above all, Dr. Ruja understood an much more tough reality. That the distinction between an easy rip-off and the difficult however authorized world of finance and cash isn’t as clear lower as we predict. OneCoin wouldn’t be potential except we lived at a time when individuals actually do make hundreds of thousands just by betting on cryptocurrencies, difficult derivatives, and high-frequency foreign money buying and selling. OneCoin sounds believable to so many individuals as a result of it’s believable.”
Bartlett on Dr. Ruja being “the inverse Satoshi:”
“Ten years in the past, Satoshi Nakamoto invented Bitcoin, the world’s first cryptocurrency. Nobody is aware of the place and even who Satoshi is, but it surely doesn’t matter as a result of the concept Satoshi unleashed of monetary freedom by means of know-how is larger than one particular person. Dr. Ruja is the inverse Satoshi.
She stands for one thing too, one thing that’s extra essential than the place she is. She represents the darkish facet of fast technological change. Each new know-how creates superb alternatives and prospects for individuals who perceive it, but in addition the prospect to use the individuals who don’t.”
BTC worth chart for 12/20/2022 on Coinbase | Supply: BTC/USD on TradingView.com
Additional Materials about Uganda:
Six years in the past, our sister web site Bitcoinist talked about Uganda in relation to OneCoin whereas denouncing the mission as a rip-off:
“OneCoin in the meantime continues to make alarm bells ring all through the world. Most just lately Uganda’s central financial institution issued a public warning on the dangers of investing in it, but drew no distinction between the scheme and bonafide cryptocurrencies akin to Bitcoin.”
Afterward, Bitcoinist pulled no punches whereas discussing the DealShaker market:
“Just lately, an internet “market” appeared providing services and products in alternate for OneCoins, which Bitcoinist advises readers to not use underneath any circumstances.
On the identical time, OneCoin’s on-line web site, which poses as an ‘alternate,’ has lastly gone offline presumably suggesting that the rip-off is nearing its endpoint.”
Episode Credit
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story advisor: Chris Berube
Editor: Philip Sellars
Unique music and sound design: Phil Channell
Unique music and vocals: Dessislava Stefanova and the London Bulgarian Choir
Earlier Companion Guides For BBC’s “The Lacking Cryptoqueen” Podcast:
Ep. 07 – https://newsbtc.com/crypto/ep07-moneyland-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
Featured Picture: The Lacking Cryptoqueen's brand by the BBC | Charts by TradingView
