Bitcoin
7 Must-See Bitcoin Documentaries
The story of bitcoin’s journey into mainstream society seems practically made for Hollywood.
From its introduction to the public in 2008 with Satoshi Nakamoto’s white paper, up to today, bitcoin has endured dramatic highs and even more spellbinding lows as the community has matured alongside the technology.
With all of the scandal, tales of overnight millionaires and the captivating nature of such a disruptive invention, it should come as no surprise that many filmmakers are jumping at the opportunity to tell stories about bitcoin’s impact on people’s lives and society as a whole.
Because bitcoin is so technically complex and the concept of purely digital money is such a novelty to most people, it is sometimes difficult to communicate its value and its potential to truly change society on a global scale.
Documentaries are an approachable and entertaining medium for educating audiences all over the world on their subject matter, so it’s certainly fitting that there are a number of bitcoin documentaries in production.
These six documentaries highlight bitcoin’s different use cases, its short but dramatic journey over the past five years, and its position in a long history of financial systems.
1. ‘Bitcoin: The End of Money As We Know It’
With the invention of the block chain and the bitcoin protocol, Satoshi Nakamoto created a currency unlike any other we have seen in history. Its trustless, decentralized nature makes bitcoin a formidable challenger to traditional banking systems and fiat money.
The team behind ‘Bitcoin: The End Of Money As We Know It’ hopes to show just how disruptive the digital currency is to the monetary systems to which we have all become so accustomed.
Behind The Scenes: Australian media entrepreneur Torsten Hoffman is leading his team of writers and producers to make this a jargon-free documentary that viewers will “watch with [their] parents”. Hoffman and crew have already filmed interviews with the likes of Andreas Antonopoulos, Blockchain.info CEO Nic Cary and bitcoin pioneer and investor Roger Ver.
2. ‘Life on Bitcoin’
A common argument made by bitcoin skeptics is that the digital currency can’t be used to buy practical, everyday items in the same way as cash or credit cards. In July 2013, one ambitious couple embarked on a 100-day “social experiment”, where they relied exclusively on the digital currency to prove to naysayers that it’s possible to have a life on bitcoin.
Considering the strides that have been made in recent months with more merchants and retailers accepting bitcoin, the most remarkable thing about ‘Life on Bitcoin’ isn’t that Austin and Beccy Craig started their journey just after exchanging wedding vows, it’s that they took the plunge to live on bitcoin almost a year ago, when the ecosystem was far less developed.
Behind The Scenes: Austin and Beccy didn’t have the luxury of living in a major metropolitan region for their 100-day bitcoin journey. The Utah-based couple had to convince many local retailers to accept the digital currency, and in some cases resorted to traveling quite the distance to find bitcoin-friendly locations to purchase everyday luxuries like petrol.
‘Life on Bitcoin’ garnered a significant amount of buzz in the bitcoin community, and after reaching their fundraising goal of $70,000 on Kickstarter, the newlyweds continued their journey with a world tour last fall to promote the film.
Austin and Beccy recently announced that their filmmakers, The Good Line, are in the “final stretch” of completing ‘Life on Bitcoin’ and that they have already submitted the documentary to a well-known film festival as a work in progress.
3. ‘Bitcoin in Uganda’
One of the most profound benefits of using bitcoin instead of traditional methods to send and receive money can be seen when processing an international money transfer.
Unlike services like Western Union or MoneyGram, which charge a hefty fee for their work, sending money anywhere in the world with bitcoin takes minutes – not days – and the transaction fees pale in comparison to any alternative.
‘Bitcoin in Uganda’ serves as a storybook example of how these benefits can make a real difference in people’s lives. The short film puts a spotlight on a Ugandan student, Ronald, who relies on his family in the US to send him money for tuition.
Frustrated with the slow and expensive system that Ronald has relied on for so long, his brother-in-law suggested that his wife switch to bitcoin to send Ronald money for tuition payments.
Behind The Scenes: Directed by Argentinian filmmaker Sergio Ruestes, ‘Bitcoin in Uganda’ premiered at the Bitcoin2014 Conference in Amsterdam back in May. The short is one of three films that have been produced by BitcoinFilm.org, a group hoping to make “several small documentaries” to tell life-changing stories involving bitcoin.
Ronald’s story highlights another noteworthy feature of bitcoin: by sharing the public address to his bitcoin wallet, Ronald can accept donations from anyone in the world to help pay for his tuition.
4. ‘The Rise and Rise of Bitcoin’
Those who have been part of the bitcoin community for some time will be the first to say that bitcoin’s journey can be likened to a roller coaster ride: unpredictable highs and lows, with a number of surprise twists and turns along the way.
‘The Rise and Rise of Bitcoin’ documents the events that have made headlines for the digital currency, and takes a deeper look at what the filmmakers call the “largest social-economic experiment ever conducted”.
Behind The Scenes: Produced by Daronimax Media, ‘The Rise and Rise of Bitcoin’ features appearances from the Bitcoin Foundation’s chief scientist Gavin Andresen, fallen Mt Gox CEO Mark Karpeles and the Winklevoss twins, among many others.
The film is perhaps the most publicized bitcoin documentary, having been chosen in the official selection at this year’s Tribeca Film Festival, where it premiered in April. The filmmakers advise fans to sign up for their mailing list for updates on its release to the public.
5. ‘The Bitcoin Doco’
Bitcoin’s potential to make a difference in people’s lives isn’t limited to those in developing countries or speculators hoping to get rich quick. The team behind ‘The Bitcoin Doco’ hopes to tell personal stories of the digital currency’s impact on people’s lives, focusing on the diversity of the bitcoin community.
‘The Bitcoin Doco’ will strive to provide context for bitcoin’s place in mainstream society in an approachable and comprehensive manner, while putting a spotlight on some of the many community members that contribute to the ecosystem’s growth.
Behind The Scenes: Filmmaker Chris Mylrae teamed up with bitcoin enthusiast Dale Dickens to produce the three-part mini-series. Generously hoping to educate the public about what they call “part of history in the making”, the Australian duo will release ‘The Bitcoin Doco’ under Creative Commons licensing on Vimeo and YouTube.
The mini-series is still in its early stages of production, with the team actively seeking donations to support the project. Just over $2,000 of their $25,000 fundraising goal has been pledged, and supporters have until mid-August to contribute.
6. ‘I am Satoshi’
Open-source platforms have already disrupted the fields of software, education and retail, yet the banking system remains untouched. ‘I am Satoshi’ asks whether bitcoin, an open-source technology, can usher in game-changing innovation within outdated currency, trade and payments systems.
Winner of ‘Most Creative Video’ at 2014’s Blockchain awards, ‘I am Satoshi’ is a 52-minute montage that uses an investigative approach to explore bitcoin’s relationship with the wider financial system.
7. ‘Bitcoins in Argentina’
One of the most appealing qualities of bitcoin is its independence from any government-issued fiat currency. Advocates argue that, in theory, if a country’s national currency were to collapse or become extremely unstable, a decentralized currency like bitcoin is the ideal alternative for citizens to store value and fight inflation.
Indeed, Argentina has seen considerable inflation and monetary restrictions on its fiat currency, the Argentinian peso. ‘Bitcoins in Argentina’ is a short film that tells the story of Argentinians turning to bitcoin as an alternative way to protect their wealth.
Behind The Scenes: ‘Bitcoins in Argentina’ is produced by BitcoinFilm.org, the same team behind ‘Bitcoin in Uganda’. The filmmakers hope to continue showcasing profound examples of bitcoin’s value to society, and fans can support their efforts by donating to their public bitcoin wallet.
Since the documentary was released last year, Argentina’s relationship with the digital currency has wavered. The South American country’s central bank recently issued a warning to citizens, arguing that there’s “still no consensus” about bitcoin on an international level.
While it may take time for governments around the world to embrace the digital currency together, these documentaries all play an important role in educating the public about the true potential bitcoin has to make a difference everywhere.
Bitcoin
Bitcoin in layman’s terms. How to explain to your granny what bitcoin actually is?
Bitcoin has reached skyrocketing popularity recently. TV talks about it emphasizing on the cryptocurrency rate, Internet bloggers dedicate articles to this digital currency, and business publications shed light on its nature. However, bitcoin remains a mystery for some of us.
Adults tend to show a skeptic attitude towards the phenomenon which roots are not clear at all. Crypto industry is one of the most complicated topics our parents and grandparents face. What is more, not all young people have a notion of bitcoin notwithstanding the continuous Internet access. So, how to explain the notion of bitcoin in layman’s terms?
Steps to simply and quickly throw light on bitcoin
1. Take physical money for a basic notion
We all understand what physical money is. It can be carried in a wallet and then exchanged for any kind of products and services. Even small children understand it. Everybody knows that money is tangible and can be brought to the shop so it has value.
2. Show similarities with online banking and cards
In fact, the majority of our transactions is conducted by means of e-money. It can be seen on the webpage of your online banking account or on an ATM’ display. Where is e-cash stored? It’s not like a wallet with e-money you can withdraw, give somebody of pay with. As a matter of fact, all our electronic money is stored in IT systems of commercial banks.
3. We already use e-cash
E-cash is only a number on a bank’s computer attached to your account id.
4. Banks are a chain of intermediaries
Banks serve intermediaries that manage an account with e-money. Therefore, by carrying out an e-payment, we in fact allow a bank to conduct it. Then, there appears a record in a bank’s system claiming it does not deal with your id money anymore, and banking accounts of a third party can now be connected to a receiver’s account. To put it simply, we often buy or pay for something not knowing a receiver and in fact send them anything. It’s a bank that is responsible for the whole process charging relevant commission.
5. Bitcoin eliminates intermediaries
Bitcoin is money we know well. The difference lies in the absence of third parties, which merely eliminates commission. Besides, bitcoin can be used as shares. Its price may fluctuate depending on various aspects. Many people even earn on bitcoin by buying it cheaper and then selling for a higher price.
The notion of mining
A logical question may cross the mind: where to find bitcoins? It’s hard to explain that money can be mined, not made. However, try to liken this process to mining of high-valued minerals. The nuance is that here you need a powerful PC, not a shovel or a pickaxe.
Where to park bitcoin
Bitcoin has grown very popular across the globe. Many companies in the countries with legalized bitcoin have already presented an opportunity to pay for their products through digital money, not only physical or electronic. You can exchange bitcoin for a certain product or even purchase real estate. Remember to follow the exchange since it is unstable and fluctuates all the time. It is called volatility.
The online publication Login Casino created a short video describing its phenomenon in layman’s terms for those who have no notion of digital economy. Click here to watch the video: https://www.youtube.com/watch?v=49eb9gq0vbg&=&t=9s 
Bitcoin
Login Casino bitcoin marathon has come to an end
Bitcoin Marathon. Marathon from A to Z, organized by the online magazine Login Casino, has come to an end. Over the past few weeks, the leading experts in the cryptoindustry were highlighting the most relevant topics connected with cryptocurrency.
The speakers of our bitcoin marathon were: Maksym Krupyshev, head of game customer service at Cubits, Andrey Ivanov, blockchain projects security development manager at Digital Security, Kristina Kost, founder of the news resource LOFFL.RU, reporting on the world of cryptocurrency and blockchain, and others experts.
The way it happened: https://www.youtube.com/watch?v=mrzX9xyC2HI
The speakers used plain language to tell our participants about what bitcoin and cryptocurrency actually are, what its role in our life is, how and in which spheres it can be applied, what the work with bitcoin should be started with, and which projects are worth being invested in. The experts gave some useful advice concerning the issue of securing your savings, reviewed the major cases, connected with crypto thefts, and shared the secrets of blockchain and ICO project promotion.
Maksym Krupyshev shared his view on what bitcoin is.
“Criptocurrency and fiat currency can work in synergy. Fiat money belongs to the state, and it will be very hard for the state not to have any control over money transactions”, believes Maksym.
Andrey Ivanov, in turn, raised the issue of blockchain project security: “There has been a lot of ICO lately on the market. Some of them are successful, but some are not. As soon as ready money begin to appear there, it starts to be of interest to perpetrators”.
However, if you did not manage to take part in the event during a live broadcast, you can always watch the archive recording in the Login Casino «Library», having authorized yourself on the website.
“We’ve been thinking for a long time over how to help our readers (and now viewers as well) get the access to the broadcast they are interested in anytime, since not everyone can enter the landing during the live broadcast. So, what we came up with was an idea to create a specific Login Casino library – an archive, where all the broadcasts will be stored, and anyone will be able to get an access to them anytime”, told Login Casino.
Bitcoin
The next speaker for Login Casino bitcoin-marathon will be Christina Kost (LOFFL.RU)
Login Casino continues its bitcoin-marathon – a series of online conferences devoted to cryptoindustry. The guest of the next webinar, which is going to be held as a part of the bitcoin-marathon, will be Christina Kost. The topic of the webinar is “Trends and prospects of bitcoin in 2018”.
Christina Kost is the creator of the news recourse LOFFL.RU, which is aimed at covering the main events in the world of cryptocurrency and blockchain. Besides, she is the founder of the biggest cryptocurrency blockchain-community CryptoCon in Saint Petersburg.
The speaker is an expert council member of the working party on digital economy to the State Duma of the Russian Federation, and she is also an expert council member in the first blockchain-coworking in Russia – B-CH coworking. She is an organizer of the events devoted to the blockchain industry and an expert in the spheres of ICO and digital economy.
Christina gives her tips for the beginners in ICO: “The first thing to do is to present your project in a proper way, to gather all the market information and then – develop the ways of carrying out ICO, communicate with the experts and companies, which are already in this business”.
Don’t miss the live-webinar with our expert! The broadcast will be on April 10, 2018 at 16:00 here.
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