Synopsis
A documentary about the development and spread of the virtual currency called Bitcoin.
2014 Directed by Nicholas Mross
A documentary about the development and spread of the virtual currency called Bitcoin.
Twenty or so minutes into this and hearing one of the interviewees talking, I thought to myself, "Man, this guy is going to be going to jail someday." An hour later I learn that is exactly what happened!
Before I explain the contents of The Rise and Rise of Bitcoin, let me first try to explain how the digital currency works, as not only a personal exercise but to inform those who were like me upon entering this documentary with no knowledge whatsoever of the currency or its complex system. Bitcoin is a global, decentralized currency; the first of its kind in the regard that it is not created or distributed from a central location like the Federal Reserve or the World Bank and, therefore, has no owner or sole distributor. It exists on thousand of computers, tracking and verifying the distribution of such coins, an action referred to as "mining" by the network of individuals who engage…
A very entertaining and interesting story that's only flaw comes from it's lack of explanation. You're expected to know a hell of a lot of lingo coming into this and, as someone hoping to learn about Bitcoin, found myself definitely confused for many scenes. I would recommend it but if your a Bitcoin novice be prepared for some external research.
Lord Sminem, protect us in this hour of need,
Guide us in our watch against the false prophets: those meme coins that would led us astray,
And please deliver us from the Bogdanoffs' evil clutches....
Amen.
Start off the new year with a geek, nonfictional motion picture!
As for this Bitcoin documentary, it is really well-directed and edited. Many activities in bitcoin community are painted in both good and bad times. I'm also interested in how the regulators got involved and react part. Nice film and interesting virtual currency concept.
An already dated documentary that hits the key points of the earliest days of bitcoin.
All you really need to know is that bitcoin is a superior form of money that will absolutely change your life for the positive. And if you're lucky you will get in before Apple, Google, Amazon, Microsoft or Facebook.