Biggest Crypto Ponzi Scheme Story to Hit Movies

[jonatha28]

Hollywood capitalizing on One coin Ponzi scheme as they are going to turn this one into a movie - starring Kate Winslet.
https://deadline.com/2020/10/kate-winslet-scott-z-burns-mgm-fake-onecoin-movie-1234594621/
What do you think of this? Will crypto be in the bad light specially if this movie comes out and portray it as some kind of big Ponzi Scheme again?

This isn't as bad as you think of it. We all remember wolf of wall street - it shows banking system and stocks in a very bad light as well, however as we see its still there.
I believe crypto is at that stage when it can't be killed by news, but only boosted by them.

[Princejebs]

This isn't the first time cryptocurrency has been featured on Nollywood, a similar thread has been created since 2016 and not yet thrash, you may update it on the this thread.
The first time I heard of Bitcoin and ethereum was in the famous Nollywood series, Queen of the South in 2018 sadly for me, I dnt have any clue about cryptocurrency. It was how drug were pushed using ethereum and bitcoin to clean their drug money. There are other movies that has influenced Nollywood and people if you check the thread above.

Onecoin messed up so bad and has ruin their reputation, glad that the court has held them responsible for their huge scam in this industry. They were speculation back then how they dump their bitcoin and ethereum during the pandemic market loss. If ICOs were to be rated, it will be 1/10 iny opinion. 

[Iyeman]

I think it's okay I mean ponzi scheme should be exposed or even being made into a movie if needed so that people should learn from it. but don't get me wrong, crypto isn't the thing that's fraud here but instead this one coin's business system so if some people happen to watch this movie and just blatantly assume that it's cryptocurrency's fault then they are not really smart. no need to hide anything if we are in the right.

[Rodeo02]

I just watched, The Fantasy Island, and it's interesting that one of the character has mentioned BTC.  

But for this movie? I think this is more on education for non-crypto, so it could really cut both ways, meaning they learn how crypto works and then they can decide if this is really crypto or not. So this could really bring some positive in the long run though, and crypto has already had a bad rep isn't it?  The message is already there, so let's see how the movie will come up though and judge it for ourselves. And this is still publicity, whether positive or negative, so I'm not complaining.

Bad reputation is not new we all know that there are a lot of people use crypto currency just to scam . since this is the easy way to transfer money without given the real credentials of the persons who want to scam many. and it's hard to be tracked if the victim doesn't know anything about it .

There is negative and positive impact with this movie hopefully it  will not the end of them and  decided to not invest in Bitcoin  because they are now affraid after watching this movie.

[Smitty Werben Man Jensen]

good progress !, but if that is made about the negative things crypto currency then it will also be a weapon to kill crypto currency,
if many people think negatively after seeing the movie, the effect for cryptocurrency is a bad,
we must be right - really makes the crypto currency positive for any people in the world !,

[seoincorporation]

good progress !, but if that is made about the negative things crypto currency then it will also be a weapon to kill crypto currency,
...

More than a weapon to kill cryptos it will be a nice warning for all about the danger of spending on coins that looks fraudulent. Tons of people lose a big amount of money with that ponzi, so, it should be a lesson for the world about the consecuenses and high cost of the ignorance.

[Raist]

Nobody is watching Hollywood any more. They still has some successful franchise and good effects but overall this movie stuff scummed long time ago. More and more people are leaving cinema as a possibility of amusement and turning to other channels. So who cares what type of movie they will make?

[tvplus006]

...What do you think of this? Will crypto be in the bad light specially if this movie comes out and portray it as some kind of big Ponzi Scheme again?

This is similar to the fact that for most people, cryptocurrency will be associated with Ponzi schemes. Because most people don't have enough knowledge about cryptocurrency to see the difference between them. Therefore, it would be good if the author of the script stopped at this fact, so that viewers do not identify cryptocurrency with scams.

[adzino]

Great. I hope the movie ends up giving a positive image towards the usage of crypto currencies and the blockchain technology. At least more people will get to know about bitcoin and other crypto currencies while watching this movie. The movie might also be able to make people more aware of this kinds of scams and schemes. But, if the movie  somehow gives out the wrong message, there will be those dumb people who will think all crypto currencies are scam and are just a ponzi scheme.

Please do not connect one coin to crypto and blockchain, it was sold as a decentralized crypto coin but in reality it was a fake coin that never existed on blockchain. So please we should avoid headlines that can negatively effect overall reputation of crypto market.

Read what's written on the original post.

[akram143]

Among cinema audience this movie might portray that cryptos are bad and not good for investment but it is another opportunity to tell the word crypto to many people and one who have the real knowledge will analyse the truth behind the reason than simply observing what has been told in that movie.

[Baofeng]

Nah, this is just a movie, it won't have that impact in 2020, if this movie was created in 2017, wherein crypto is still in it's infancy and many don't know what it is then maybe it will bring a negative impact. But today, where most of global population have heard the news specially about bitcoin. This is just money grabbing for Hollywood and taking advantage of the Onecoin scam (how ironic),

[Gaston Cavalier]

Please do not connect one coin to crypto and blockchain, it was sold as a decentralized crypto coin but in reality it was a fake coin that never existed on blockchain. So please we should avoid headlines that can negatively effect overall reputation of crypto market.

Decentralized? 

Check out this coin :     TORQ   torque

They're only listed on yobit