Banking on Bitcoin

Banking on Bitcoin

2016 "In Open-Source We Trust"
Banking on Bitcoin
Banking on Bitcoin

Banking on Bitcoin

6.6 | 1h30m | en | History

Not since the invention of the Internet has there been such a disruptive technology as Bitcoin. Bitcoin's early pioneers sought to blur the lines of sovereignty and the financial status quo. After years of underground development Bitcoin grabbed the attention of a curious public, and the ire of the regulators the technology had subverted. After landmark arrests of prominent cyber criminals Bitcoin faces its most severe adversary yet, the very banks it was built to destroy.

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6.6 | 1h30m | en | History , Documentary | More Info
Released: December. 30,2016 | Released Producted By: Periscope Entertainment , Downtown Community Television Center Country: United States of America Budget: 0 Revenue: 0 Official Website:
Synopsis

Not since the invention of the Internet has there been such a disruptive technology as Bitcoin. Bitcoin's early pioneers sought to blur the lines of sovereignty and the financial status quo. After years of underground development Bitcoin grabbed the attention of a curious public, and the ire of the regulators the technology had subverted. After landmark arrests of prominent cyber criminals Bitcoin faces its most severe adversary yet, the very banks it was built to destroy.

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Cast

Alex Winter , Rand Paul , Cameron Winklevoss

Director

Christopher Cannucciari

Producted By

Periscope Entertainment , Downtown Community Television Center

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Reviews

kosmasp I don't know if it's funny, but then again humor is in the eye of the beholder. One thing is for sure, some people were able to do a lot of money. And then as with every currency, some did things with Bitcoin or dealt with it in ways that are not legal. But how can you always know how your product is going to be used? In this case apparently one of the founders knew about something ... but more about this when you watch the movie.It's an interesting look behind the scenes. Though I learned even more when I watched a special from John Oliver. Although he did a bit with all "Cryptocurrencies" so it was much broader (but also shorter, around 20 minutes). This is a nice what happened and how it started, for people who never really informed themselves about Bitcoin but always hear about it ...
mihai_chindris Is it really this virtual currency, along with many other replicas, the future of the payments and the financial system? I bet it will be. Or at least, I hope so. We've all been familiar for a long time with the idea of "open-source software", and now that it comes to money, it just raises a lot of opportunities for the people who want to step into the field of crypto -currencies, or who only want to get rid of banks, and start living life without the worries of fees, taxes and so on, that banks impose. Of course, we have this kind of things in virtual currencies, but are insignificant, compared to the regulations that the government and central banks force us to obey. I guess we are fed up enough with this kind of plastic we worship, call it dollar or whatsoever, we die every single day for it, just to gain a basic income & we can barely afford the "cheap" things. It's time for change. It's time for a revolution. It's time to join the movement!
jeepwrecksd Great propaganda. Now, what are the nuts and bolts of how bitcoin works? I watched this entire film thinking I, the clueless, was going to be educated on how to get started. All I got was 83 minutes of "government bad, bitcoin good." I know as little about bitcoin as I did before this 83 minute waste of my time.
unclerae Director/Writer: Christopher Cannucciari created a descent documentary that certainly informs the layman on a technological tour de force and how the regulation of money supply needs should be depoliticized. As we know, money laundering could happen anywhere else! However, "Banking on Bitcoin" is a descriptive anatomy of the virtual block chain, where transactions are verified by network nodes and recorded in public distributed ledgers. It's a worldwide crypto currency and digital payment system, since the system works without a central repository or single administrator. An unknown programmer or a group of programmers invented this innovative technology. The question is, who is Satoshi Nakamoto? Released as open-source software in 2009, the system is peer-to- peer, and transactions take place between users directly, without an intermediary.