The Download: a “God-driven” cryptocurrency and a solar engineering roadmap
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. God told them to sell crypto. Their investors lost everything. When Eli Regalado first heard God speak to him, he wondered whether he was hallucinating. According to Eli and his wife,…
This is today's edition of The Download, our weekday newsletter providing a daily dose of what’s happening in the world of technology. Eli Regalado first heard God speak to him and his wife, Kaitlyn, telling them to get married, buy a house, and start having kids. Later that October, they received holdings in a little-known digital coin.
"Take this to my people for a wealth transfer," Eli heard God say. They believed the Lord wanted them to launch their own coin, INDXcoin, promoted through family, friends, and contacts in evangelical Christian circles. Over 500 people handed over more than $3 million. However, within a year, the project collapsed and investors lost everything.
Written by urgent.news from MIT Technology Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
