Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Banking on Bitcoin

Crypto Documentary: Banking on Bitcoin - Bitcoin is the most disruptive invention since the Internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism. The film shows the players who are defining how this technology will shape our lives.
Banking on Bitcoin (2016)
Director: Christopher Cannucciari
Writers: Christopher Cannucciari, Prichard Smith
Stars: Wences Casares, Nathanial Popper, Gavin Andresen
Gerne: Documentary, History, News
Country: USA
Language: English
Release Date: 2016 (USA)
Also Known As: The Battle for Bitcoin
Filming Locations: New York City, New York, USA

Storyline:
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.

Reviews:
"I found this documentary very well done, particularly in regards of explaining the basic concepts and ideas behind Bitcoin (as both, an open, decentralized ledger rather than a 'currency', and an ambitious social experiment).

To me as someone who is relatively new into crypto, it was also interesting and enlightening to see short interview clips with the pioneers of Bitcoin (and other approaches to decentralized payment systems), witnesses to it's early history, and although the movie doesn't reveal who Satoshi was ;-) , Cannucciary found a pretty nice way in teasing the viewer with clues on who he might have been, or at least what kind of person he might have been and the visions that drove him.

All in all, this documentary should turn out as nicely entertaining and interesting 90 minutes for every Bitcoin / blockchain enthusiast." Written by wp02366 on IMDb.com

"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!" Written by mihai_alexandru_chindris on IMDb.com

"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 ..." Written by kosmasp on IMDb.com

Also Known As (AKA)
(original title) Banking on Bitcoin
Australia Banking on Bitcoin
Brazil Banco ou Bitcoin
Russia Ставка на Биткоин
UK Banking on Bitcoin
USA Banking on Bitcoin
(working title) The Battle for Bitcoin
(working title) The Bitcoin Takeover
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Massive Anti-Government Protests Erupt in Belgrade
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Hungary's Prime Minister Criticizes NATO's Role in Ukraine
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
×