Reflections on Technology, Media & Culture
Richard Coyne
onecoin
Digital cash 101
Bitcoin is a cryptocurrency, i.e. it is digital money that purportedly carries some of the benefits of cash. You can buy things with it, give it away, invest it, and stash it without involving a bank. But unlike cash, there’s no physical paper or coinage. You could try to design your own banknote, or make … Continue reading
Pseudo-crypto currencies
I heard about onecoin through the BBC Podcast called The Missing Cryptoqueen by journalist Jamie Bartlett and producer Georgia Catt who investigated the scheme and the damage it has wrought to individual lives. As I listened to the first episode of the podcast I thought I was hearing a mockumentary, or a mystery story in … Continue reading
