It'd be nice if there were transcripts for these podcasts, I don't feel like spending hours on listening to them on the off chance I might learn about something new.
So weird that the media won't get within 100 feet of pointing out that Wright is an obvious scammer, but seems to have no problem doing so for onecoin. Onecoin is obviously a scam, but not more obviously than wright...
That's because he was given too much credibility initially, and wasn't immediately and unanimously denounced as a fraud.
actually within just HOURS of CW publishing he was satoshi and that he got a few people and media to meet with him to see his proof..
.. that proof was immediately denounced as fraud.
he published a signature that was pretending to be freshly created by CW whilst with the people he met. but instead it actually was something he simply copy/pasted from the blockchain 5 years before his claim.
so yes people did inform the community that he faked the proof.
what actually went wrong after is that a social drama frenzy occured where all those who highly invested in CW could not believe they been duped so they doubled down their stupidity by still trusting and defending him, in fear if they actually admitted to themselves they been duped they have to admit they will never see returns on their investments again. thus they went along with his ruse hoping he could keep things alive long enough to make profit to make returns to investors
you see it happen in other investment scams too. companies back up and hang on and drag their feet trying to keep hop a live rather than just cut their losses compltely