You don’t need to understand how cryptocurrencies work to enjoy Netflix’s new documentary Nobody Trusts: Hunting the Crypto King.. This is reassuring as it’s even harder to understand cryptocurrencies no matter what happens with the dollar on Wall Street. Anyway, the movie employs unusual crime nonfiction against Netflix, more specifically about the Internet skull, not about murder (although the story contains a mysterious death). Describes the war between conspiracy theory and Occam’s razor. Razor.
Summary: A man wearing a 3D-printed 8-bit style raccoon head mask speaks in a digitally distorted voice, and we moan – not another of these documentaries .. But don’t worry. Despite opening with a little eye-catching sensationalism No one believes Keeping wisdom about it, it does not allow itself to be drawn into any nutso rabbit hole. Anyway, this is the story of Gerald Kotten and many who have become empty bank accounts after investing in his Bitcoin cryptocurrency exchange Quadriga CX. What does crypto exchange do? The movie briefly explains it, and it makes little sense: a guy like Kotten takes an investment, converts it to Bitcoin, and hopes to make a profit like a stock day trader. Trade. He is a good and smart trader as he accounts for a certain percentage of all trades and making money for his clients is his greatest profit. (Don’t ask me how it’s actually encrypted the work,Nice to meet you. )
This is the problem. Kotten founded Quadriga CX in Vancouver and after the Bitcoin boom sent share values high in the sky, he seemed to be doing very well for himself. YouTube video and social media accounts are at face value. You can see him flying a drone helicopter and laughing. He felt like an exile, but he is described as a nerdy guy who found his like-minded community in the crypto world. He was in India when he got sick and died suddenly. He was 30 years old. At that time, Quadriga CX was Canada’s largest cryptocurrency exchange, over $ 200 million. However, no one had access to the key and password of the company’s account, and contrary to conventional knowledge, the company had no safeguards to prevent that from happening. Everyone who invested their money was left to grab the empty air.
A good example is a San Francisco software engineer named Tong Zou. Expecting a quick turnaround profit to help pay off some debt, he invested $ 400,000 in savings and suddenly became unable to withdraw cash. An email exchange with QuadrigaCX dragged him, dragged him, and then suddenly Kotten died, money became inaccessible, and the elephant was furious. He wasn’t alone – he found many other investor internet forums where his fabric is somewhere.
And you know how an internet forum works.They grow things, let’s call them idea.. Ideas such as: Kotten forged his death and took money (what actually happened before under similar circumstances). The official statement issued by Kotten’s wife was meaningless. The 3D-printed panda-faced man, who calls himself an “independent investigator,” believes Kotten has drawn an “exit scam.” But don’t worry about him. It’s not just the angry internet people who are listening to this movie. Thanks to the journalists and court accountants for lending a voice of reason, exploring the strangeness of Kotten’s story, and eliminating some of the crazy things in search of truth.
What kind of movie do you remind me of? : that is No one believes A scammer-like story of digging a tunnel in a bank vault and earning over $ 30 million in the Netflix series Brazilian central bank robbery?? Or is it like the deep, dark internet drive we see? You can’t kill memes Also Matrix glitch?? Answer: It’s in the middle.
Performance worth seeing: Alexandra Posadzki and Joe Costa do are Globe and Mail reporters who confirm that this documentary follows evidence, not speculation.
Memorable dialogue: Voice in the movie intro: “I knew the man who messed up and lost $ 2.5 billion, or quit one of the biggest crimes in history.”
Gender and skin: none.
Our view: Thank you No one believes Whatever it is, we won’t lose us on the blockchain. Documentaries that explain how cryptocurrencies work and are easily manipulated by scammers certainly already exist, and all the details needed to better understand them and stop insomnia. It may be full of. This movie obscures it and sticks to its friendliness. The emotional investment we feel in the stories of those who lost the numbers 4, 5, and 6 in the Cotten / Quadriga CX dilemma, and their anger desperately chases conspiracy theories (is there plastic? A Bermuda surgeon who changed Kotten’s face after pretending to die?) In an ugly, hateful place.
Sure, not all the victims of Kotten’s plan are nasty individuals, but the people in the film wanted to ask the authorities to investigate in the hope of getting their money back, but Kotten’s The widow was forced to leave the grid due to threats of murder.One of the more amazing moments of No one believes It happens when a panda-faced man admits that his forged theory of death has only circumstantial evidence and no indisputable evidence.
Luke Seawell balances this view with a rational voice commentary, the guard dog of a society that does well just by working, rather than walking fast like a hero. .. They turn over some compelling twists and tangents and plot thicknesses in Kotten’s story-making some of the wilder theories plausible, despite the lack of solid evidence. Enough. The result is a fairly entertaining 90-minute, not-too-deep dive that outlines the horrific financial frauds of the modern crypto era and quietly seduces conspiracy-stricken people with sirens. song. This is a story of general trust and captivating attention to how malicious humans always abuse it. Cryptocurrency and NFT cautions seem inevitable.
Our call: Stream IT. Nobody Trusts: Hunting the Crypto King It provides a solid return on your investment in time.
John Serba is a freelance writer and film critic based in Grand Rapids, Michigan.Read more about his work at johnserbaatlarge.com..
