Behind the $1 Billion Scam to Wire the Arctic

The video discusses the story of Quintillion and its founder, Elizabeth Spiers, who envisioned creating a Northwest Passage for the Internet to enhance global connectivity. Despite raising significant investments, Spiers was found guilty of forging sales contracts and was recently jailed. The video explores her methods of maintaining secrecy and the future of the fiber optic network in Alaska, which holds potential for reducing latency and benefiting various industries.

What was the primary vision that Elizabeth Spiers sold to the world?

• Developing a new smartphone technology

• Creating a new social media platform

• Launching a satellite communication system

• Building a Northwest passage for the Internet

What was the main fraudulent activity committed by Elizabeth Spiers?

• Bribing government officials

• Hacking into competitor networks

• Forging $1 billion in sales contracts

• Embezzling funds from investors

How did Elizabeth Spiers manage to keep her fraudulent activities hidden for so long?

• By frequently changing her identity

• By using a private Google Cloud account for sales contracts

• By relocating to different countries

• By hiring a team of hackers

What is the current status of the fiber optic network in Alaska?

• It is partially built along the Alaskan coast

• It is fully operational and connected to Asia and Europe

• It is only a proposed project with no construction

• It has been abandoned due to lack of funds

What is the long-term goal for the fiber optic network in Alaska?

• To develop a new type of wireless technology

• To connect it to Asia and Europe

• To provide free internet to all Alaskan residents

• To create a new social media platform