Big scam in the currency circle

Of course, I don’t know anything about the currency circle. In recent years, many authoritative people have publicly stated that this thing is similar to a Ponzi scheme (including the classic investment guru Charlie Munger), which always makes conservative and stable people feel that virtual currency is this thing quite suspicious.

Netflix has recently released a documentary "Trust No One: The Hunt for the Crypto King", which tells the story of the mysterious death of Gerald Cotten, founder of the famous Canadian cryptocurrency trading platform QuadrigaCX, a few years ago. The founder of the platform was suddenly declared dead, which caused all the users who participated in the trading on the platform to lose a total of about 180 million Canadian dollars. They suspect that Gerald Cotten is just fake death. The real purpose of the virtual currency platform is to lure the ignorant public into investing real money. When the time is right, the founder will leave the market in an unexpected way, but the huge amount of currency finally belongs to who owns it, became the key to the investigation.

As the movie makes clear at the outset: In the paranoid world of cryptocurrencies, there is only one iron rule - don't trust anyone. After watching this movie, at first the production team seemed to want to clear the cloud for the miserable masters, and reveal the unknown past of several key figures from different angles, so the audience saw their introduction: suddenly appeared in the currency circle and A young and talented man who got rich married a wife of unknown origin. After Bitcoin plummeted by more than 50% that year, he obeyed his wife’s request for no reason and said that he would go to India to do good, and it happened that he made a will a few weeks ago. (making a will at the age of 30 is really far-sighted), leaving all his property to his wife, and then he was suddenly admitted to the hospital while in India, the wife claimed that he had died of illness there, the company announced the death of the founder, and then only The founders refused to make any compensation to investors on the grounds that they possessed the cryptography of those currencies.

In the above scenario, it is impossible for any person of normal intelligence to not feel that something is wrong. But after such a seemingly ready start for justice, the filming team slowly threw out a bunch of more bizarre and absurd "plots", which made the originally suspicious case take a sharp turn and turned the group of people who were trying to investigate the truth into It was a superfluous move, and the result turned out to be a movie time to tell the world that the truth is that simple, believe it or not.

For the series of questions at the beginning of the film, the filmmakers seem to have paid little attention to it. Although the mystery has not been solved yet, the time is almost up. As a result, the bitter lords still wanted to cry without tears, because the film provided a "simple truth", and the investigations of these investors who hoped to recover compensation for many years seemed to have all turned into extreme conspiracy theories, and all kinds of violence, murder, lawlessness. The conjecture of behavior, it seems, can be ruled out. So after watching the movie, I feel as puzzled as those unfamiliar investors.

However, the film is not useless, because it is always a documentary of real people, and it is really thought-provoking to describe the plot of a group of small investors who are eager to make big money. The currency trading platform QuadrigaCX is professional and reliable in layout design, but the inside is originally It is empty, the so-called transaction, the so-called making retail investors make money, the so-called great idea of fighting against traditional currencies, in fact, it can be a trick, and it is all willing to fish, and no one can complain. Of course, these details also make everyone think carefully. fear.

As the title suggests, the most important message this film wants to convey is "don't trust anyone, everyone is suspicious", and such suspicions can never be wrong, including the way this film should be viewed. How frustrating!