Informative documentary if you want a quick summary of the history of the crypto so far. Doesn't really explain how blockchain works in a too technical way, so it's easy to understand.
Cryptopia: Bitcoin, Blockchains and the Future of the Internet
2020
Action / Documentary
Cryptopia: Bitcoin, Blockchains and the Future of the Internet
2020
Action / Documentary
Plot summary
Cryptopia: Bitcoin, Blockchains and the Future of the Internet takes a deep dive into the crypto ecosystem and blockchain technology to discover the good, the bad and the ugly of this controversial industry, its major narratives, conflicts and the major players behind it. Can blockchain technology be used to create a new, fairer, decentralised and uncensored web3.0 where we can control our data and protect our online identities? Or will the potential be squandered as mega corporations once again compete for dominance in this new field. With his unrivalled and exclusive access, award-winning filmmaker Torsten Hoffman (Bitcoin: The End of Money as We Know It) takes us on a journey into the heart of this brave new world.
Uploaded by: FREEMAN
June 08, 2021 at 10:07 AM
Director
Top cast
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720p.WEB 1080p.WEBMovie Reviews
Interesting documentary
Doesn't address the elephant in the room.
Bitcoin is currency, not money. Money has to be a commodity first, and a medium of exchange second e.g. Silver. Silver is used in batteries, cars, mirrors, water filters etc etc. But it can also be used as a medium of exchange. Money has to be a stable store of value over hundreds of years. E.g. The dollar has lost 98% of its purchasing power within a few decades I.e. The dollar is currency, not money. Similarly, Bitcoin is simply a medium of exchange, in the form of a digital token I.e. Currency. It is not money. The film comes across like a pump-and-dump scheme. "We know it's going to a million dollars a coin". Do we know that? I sure as hell don't. There are 15,000+ cryptos out there. Crypto is the latest get rich quick scheme, but the ship has already sailed. There's no questioning the blockchain technology will have applications in the future, but it isn't isolated to Bitcoin. It has other applications. It also doesn't give Bitcoin 'value' in the same way the dollar is sometimes said to be 'backed by the US government'. Nonesense to those who understand what money actually is.
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