It was about time the MLM made an appearance. Multi-Level Marketing tells a lot about OneCoin’s story. In this one-hour episode of “The Missing Cryptoquine”, we learn about the secret ingredient that propelled Dr. Ruza from millions to billions. We will meet interesting people and the plot will thicken. Also, the size of the OneCoin scam will increase significantly. This thing gets bigger than the episode, which is what makes the show so entertaining. What a clusterfuck it was.
it starts with answering episode 4. questions asked in, Could an unfamiliar version of Dr. Ruja have been present at the Miss OneLife beauty pageant? The production team shows a UK plastic surgeon photos from the event. There was one person with the chief directors of OneCoin whom they suspected could be Ruja Ignatova. He hesitates, but changes his mind when Jamie Bartlett tells him that the person they’re looking for is a billionaire with an infinite budget. “It’s possible, those things can be changed,” he says.
That being decided, let’s get to MLM.
About MLM and “The Missing Cryptoquine,” Episode Five – “What Dreams May Come”
The protagonist of this episode was once the #1 seller of OneCoin. He is a professional multi-level marketer with an army of professional MLM salespeople at his disposal. Their home is called “What Dreams May Come”, which inspired the title of the episode. The main reason for this one hour long episode is this man’s tongue. His stories are phenomenal, everyone should hear them. Especially considering that we’ll stick to the original story by skipping them.
So, Network Marketing, MLM, or Multi-Level Marketing is the missing ingredient. When this man’s company started working for OneCoin, he engaged an army of top-level marketers to advance the product. And it sold like hotcakes. He claims, “It made more millionaires in the first year than in Amway’s 75-year history.” The beginning of this part of the story is that the MLM marketer alleges that he trusted Dr. Rouja and invested more money in OneCoin than anyone on earth.
According to released FBI documents we found last time, Dr. Ruza and company called this operation “the b*tch of Wall Street meets MLM.” You can’t make this stuff. In an archival audio file, we hear his announcement that they were going to increase the OneCoin supply 10X and the crowd cheered. Then, defying every economic law, he told them that the more OneCoin they had, the better it was for them. They were delighted. Then, by decree, he doubled the amount of OneCoin in his vaults. People have lost their mind.
Aside from MLM, the two most shocking revelations covered in the episode are in these quotes.
“The Missing Cryptoquine,” Episode Five – Quote from “What Dreams May Come”
OneCoin critic Tim Curry said:
“The math of this is utterly ridiculous. 50,000 OneCoins are mined every minute, right? Now, at today’s “price” of €29.95 they would be worth €1.5 million per minute, are they claiming it right? And per hour, it’s €89.85 million. And then, per day, they’re making €2.15 billion out of thin air, right? And so, the logic of that is just ridiculous. Now, if you follow that first How many coins have been minted for the quote “Blockchain”. And then, from October 1st to the present, it’s closer to 70 billion coins. If we take 70 billion coins and multiply it by the intrinsic price of 29.95, So you see, I think it’s like $1.8 trillion or $2.1 trillion. That’s more than all the US dollars in circulation on Earth, which is about $1.67 trillion.”
Regarding the fact that OneCoin had a certificate stating that they were Sharia-compliant issued from Pakistan, Bradford scholar and OneCoin critic Amjad Mohamed said:
“Shariah compliance means that one has thoroughly researched, gone through all the conditions, looked at all the conditions with a fine-tooth comb. There was no evidence of any kind of research. It was just a There was a blank certificate saying “It’s OK.” Amjad issued a fatwa against it, stating that OneCoin was not Halal. And then, “Within weeks, the situations I uncovered as being problematic.” did, they changed. So, clearly, someone was keeping an eye on what I was doing because I only picked a couple in the initial fatwa. However, OneCoin doesn’t really exist. So, when the real thing doesn’t exist, I can easily create any number of terms for something. It’s a fraud.”
mlm and the perfect scam
Near the end, Jamie Bartlett reflects on the story so far:
“There’s something oddly beautiful about the OneCoin scam. It’s like the perfect scam. It combines the hype and terminology of cryptocurrencies and the hard-nosed MLM sales of people like Igor Alberts. It’s glamorous enough to create a veneer of respectability.” Uses events and household brands and delivers it with religious fervor. And who can doubt the intentions of the trusted Dr. Ruja.”
The cult-like aspects of the entire exam are always present in this episode. Whistleblowers brag about death threats to producers as if it were nothing. To the people inside OneCoin, they are traitors of the highest order. For these religious fanatics, Dr. Ruja is still running the entire operation under the shadows, and the people who want to silence her are just “haters”.
Before disbanding, Jamie Bartlett explores the idea that, when combined with MLM, the OneCoin operation became huge. Perhaps Dr. Ruja was scared, as she shows in a purported email. Obviously, this should have been a small scam, but it caught fire. And Dr. Ruja’s supporters were not going to let a golden goose die.
Presenter: Jamie Bartlett
Producer: Georgia Catt
Story Advisor: Chris Berube
Editor: Philip Sellers
Original music and sound design: Phil Chanel
Original music and vocals: Desislava Stefanova and London Bulgarian Choir
Previous companion guide to the BBC’s “The Missing Cryptoquine” podcast:
app. 01 – https://www.newsbtc.com/news/bitcoin/ep01-dr-ruja-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
app. 02 – https://www.newsbtc.com/news/bitcoin/ep02-btc-killer-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
app. 03 – https://www.newsbtc.com/altcoin/ep03-onecoin-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/
app. 04 – https://www.newsbtc.com/scams-and-fraud/ep04-onelife-companion-guide-for-bbcs-the-missing-cryptoqueen-podcast/