‘Bitconned’ Netflix Review - From Lambo Dreams to Jailhouse Screams

Remember the dot-com bubble burst? Hold my digital beer, because "Bitconned" plunges you into the even murkier waters of the 2017 cryptocurrency craze. This gripping documentary follows the meteoric rise and epic downfall of Centra Tech, a company promising a revolutionary payment system built on blockchain technology. Led by the smooth-talking trio of Sohrab Sharma, Robert Farkas, and Raymond Trapani, Centra Tech lured investors with lavish promises of a "decentralized future" and partnerships with major banks. Lamborghinis became the unofficial company mascot, symbolizing the fast-lane lifestyle their investors craved.

Director Bryan Storkel masterfully weaves interviews with the protagonists, victims, and investigators, exposing the intricate web of lies and deception that fueled Centra Tech's success. We see Sharma, the charismatic CEO, charm his way into meetings with celebrities and financial giants. Farkas, the tech whiz, spins tales of nonexistent partnerships and groundbreaking software. Trapani, the flamboyant COO, flaunts his extravagant lifestyle, fueled by investor funds. The doc expertly captures the intoxicating frenzy of the crypto gold rush, where skepticism melts away in the face of promised exponential returns.

But as with any good heist film, the cracks eventually show. Investigative journalists and vigilant investors start sniffing out discrepancies, poking holes in Centra Tech's carefully constructed facade. The FBI joins the party and the pressure mounts. Soon, Sharma and his partners are scrambling to cover their tracks, desperately trying to keep the pyramid scheme afloat. The once-gleaming Lamborghinis are replaced with handcuffs and prison cells, leaving a trail of disillusioned investors and broken dreams in their wake.

"Bitconned" is a compelling watch, filled with enough jaw-dropping moments to keep you glued to the screen. However, it's not without its flaws. The doc occasionally feels a bit one-sided, focusing primarily on Centra Tech's side of the story, with less time given to the voices of everyday investors. Additionally, the rapid-fire editing, though dynamic, can feel overwhelming at times, especially for viewers unfamiliar with the intricacies of cryptocurrency.

Watch, Learn, and HODL: Despite its minor shortcomings, "Bitconned" remains a powerful and timely documentary. It serves as a stark reminder of the dangers of unchecked greed and the potential pitfalls of the largely unregulated cryptocurrency landscape. It's a cautionary tale for anyone tempted by the siren song of quick riches, a reminder that not all that glitters in the digital gold rush is real. So, pop some popcorn, fire up Netflix, and dive into "Bitconned." Just remember, this time, invest in knowledge, not Lamborghinis.

For the crypto enthusiasts, be warned. Watching this might trigger FOMO, but hey, at least you won't lose your life savings chasing Lambo dreams. Remember, DYOR (Do Your Own Research)!

Final Score – [6/10]
Reviewed by - Arpita Mondal
Publisher at Midgard Times