Banking on Bitcoin (2016)
Banking on Bitcoin
”Early pioneers of a disruptive invention battle mainstream capitalism and regulators.”
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Why watch this film?
This interesting documentary explains in a didactic way the origin of Bitcoin, its controversies, motivations and why it attracts so much attention (positive and negative) nowadays. Despite being formal in its format, the feature film does not shy away from controversies, even though it has a final objective of defending the cryptocurrency. Overall, it makes us think about the role of money, banks and the financial market - and how big financial institutions meddle with the economy without suffering consequences, while initially trying to destroy and then dominate what comes to challenge them.
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Plot summary
Bitcoin is the most disruptive invention since the internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism. 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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