3 Documentaries About Bitcoin You Need to Watch ASAP
Since Bitcoin was first introduced to the world back in January 2009, there have been several documentaries focused entirely on the cryptocurrency – but which ones are actually worth watching?
Bitcoin is the world’s most famous, decentralized digital currency having been adopted as a viable payment option by millions around the globe. Whilst it exists solely online, there are now people who have abandoned traditional money almost entirely in favor of Bitcoin, as it is simple, swift and safe to use. Even companies including Expedia, Home Depot and Apple have started using and accepting Bitcoin due to its fundamentally secure nature. The iGaming industry is so sure of Bitcoin that there are now numerous online casinos that deal solely in the cryptocurrency. For example, you can go now to Vegas Casino to play all the usual games you’d expect such as slots and poker, the only difference is you can learn about, receive your gains and play with Bitcoin. Vegas Casino has a neat explanation on how to exchange local money into Bitcoin, letting players use varied deposit methods from Visa card to Neteller.
Needless to say, the world has well and truly begun to embrace Bitcoin as a viable alternative to traditional currency, but if you need a crash course on how the whole thing works, here are the top three documentaries about Bitcoin you need to watch ASAP:
The Rise and Rise of Bitcoin
Where better to start than with the first ever Bitcoin documentary to make its way to the big screen? Having premiered at the Tribeca Film Festival in 2014, The Rise and Rise of Bitcoin is widely regarded as the first documentary to truly explore the world of cryptocurrency and its influence within the world’s economy.
Throughout the documentary we follow numerous individuals who adopted Bitcoin early on as they discuss why they chose to get involved, why they remain devoted and why they are utterly optimistic about the future of this unusual currency. If you are brand new to the world of Bitcoin then The Rise and Rise of Bitcoin is a great piece of film to watch as an introduction as it explains what Bitcoin is all about in laymen terms whilst also covering the more complicated aspects of this new currency.
The Bitcoin Gospel
If you’ve ever been curious about how Bitcoin transactions are done, join Dutch Bitcoin enthusiast and advocate Roger Ver as he explores Tokyo, Japan – “the world’s most popular Bitcoin-friendly city”. Like many other Bitcoin-based documentaries, The Bitcoin Gospel does focus somewhat on how traditional money is controlled and manipulated by traditional banks, a flaw that Bitcoin could completely remove from society.
Plus, The Bitcoin Gospel also looks into how Bitcoin mining is done in China – especially since it no longer requires extreme mathematical skill and can be done by anyone with software such as Guimer - and how it is slowly but surely creating its own niche within Chinese society. Finally, there are some extremely interesting interviews with experts including Andreas M. Antonopoulos.
Bitcoin: The End of Money (As We Know It)
If you’re looking for something a little more in-depth that provides context on socio-economics in general and how it relates to Bitcoin, Bitcoin: The End of Money is your best bet. Instead of focusing entirely on Bitcoin itself, this documentary supplies watchers with an hour-long crash course on the evolution of currency, the relationship between money and power, and how Bitcoin could possibly fix the problems with traditional banking.
In addition to all this, you will also learn about why economic inflation and crashes occur as well as how Bitcoin was born out of necessity, like most other human inventions throughout time.
Once you’ve watched these three documentaries you’re bound to be a financial expert specializing in Bitcoin, so let us know your thoughts on the cryptocurrency and which companies you wish would embrace Bitcoin.