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Bitconnect: The Crypto Cult That Crashed Hard

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Manage episode 471706546 series 3650194
Content provided by Richard Enlow. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Enlow or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

At its peak, Bitconnect was more than just a crypto platform—it was a full-blown cult. With its devoted followers, wild promises of riches, and an infamous rallying cry ("BIIIIITCONNEEEECT!"), it pulled in billions before vanishing into thin air.

So what really happened? How did this Ponzi scheme grow so fast? And why did people believe in it so blindly?

In this episode, we break down the mind games, the hype, and the collapse of one of crypto’s biggest scams. Was Bitconnect always doomed to fail, or was there something more sinister at play?

🔔 Follow us for more deep dives into crypto’s biggest stories:
📲 Twitter/X: @ProofOfStakePod
📲 Instagram: @ProofOfStakePodcast
📲 Youtube: @ProofOfStakePodcast

Enjoying the show? Leave a review on Apple Podcasts/Spotify—it helps us grow and keep bringing you the stories crypto doesn’t want you to hear.

  continue reading

5 episodes

Artwork
iconShare
 
Manage episode 471706546 series 3650194
Content provided by Richard Enlow. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Enlow or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

At its peak, Bitconnect was more than just a crypto platform—it was a full-blown cult. With its devoted followers, wild promises of riches, and an infamous rallying cry ("BIIIIITCONNEEEECT!"), it pulled in billions before vanishing into thin air.

So what really happened? How did this Ponzi scheme grow so fast? And why did people believe in it so blindly?

In this episode, we break down the mind games, the hype, and the collapse of one of crypto’s biggest scams. Was Bitconnect always doomed to fail, or was there something more sinister at play?

🔔 Follow us for more deep dives into crypto’s biggest stories:
📲 Twitter/X: @ProofOfStakePod
📲 Instagram: @ProofOfStakePodcast
📲 Youtube: @ProofOfStakePodcast

Enjoying the show? Leave a review on Apple Podcasts/Spotify—it helps us grow and keep bringing you the stories crypto doesn’t want you to hear.

  continue reading

5 episodes

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