Banking on Bitcoin
|Banking on Bitcoin|
|File:Banking on Bitcoin.png|
|Directed by||Christopher Cannucciari|
|Written by||Christopher Cannucciari and Prichard Smith|
|Distributed by||Gravitas Ventures|
Search Banking on Bitcoin on Amazon.
Banking on Bitcoin is a 2016 documentary about the beginnings of bitcoin and how it evolved to be what it is today.
Banking on Bitcoin is a documentary that was released on Netflix in 2016. The film was directed by Christopher Cannucciari and distributed by Gravitas Ventures. The official soundtrack was composed and produced by Ben Prunty. For several years it was the only significant film on the subject. In July 2019 it was reported that Netflix was making a new documentary on cryptocurrency which would give broader coverage of altcoins, with interviews from experts in blockchain and cryptocurrency.
Banking on Bitcoin provided many people with an introduction and overview into the cryptocurrency world. The film compiles statements by journalists, economists, programmers and IT entrepreneurs to give a complete view of the background of the crypto-currency, its beginnings, and how it might evolve and affect the monetary system. Some specific cases involving Bitcoin are discussed in detail. These include the incident where Mt. Gox, the leading Bitcoin exchange, lost $450m in a hack, the closure of the Silk Road dark web marketplace by the Federal Bureau of Investigation and the imprisonment of Charlie Shrem for aiding and abetting an unlicensed money transfer business.
The film includes many early participants in the bitcoin movement, including Charlie Shrem, Barry Silbert, Nathaniel Popper, Alex Winter, Erik Voorhees, Gavin Andresen, David Chaum, and the Winklevoss twins. For dramatic effect, the film depicts Bitcoin as a movement outside the law. It also contrasts Bitcoin to the role played by the banks in the financial crisis of 2007–2008.
Lincoln Michel wrote in a GQ review, "Banking on Bitcoin gives a solid overview of the mechanics and history from a digital dollars used to buy drugs on the 'dark web' to an investment opportunity that everyone and their aunt is talking about." Michael Johnson's review in That Shelf said, "Banking On Bitcoin ... pretty much explains everything about bitcoin inside out and gives a deep insight into this phenomenon." Sadie Williamson in Grit Daily described the film as "... a helpful introduction to the concepts of blockchain and some of the critical incidents in the history of Bitcoin."
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- The Rise and Rise of Bitcoin (2014 documentary)
- Sadie Williamson (12 July 2019), "Netflix is Working on a New Cryptocurrency Documentary", Grit Daily, retrieved 2020-07-04
- Banking on Bitcoin, Barnes & Noble Booksellers, retrieved 2020-07-05
- "Bio". Ben Prunty. Retrieved 2019-05-24.
- Michel, Lincoln (December 16, 2017). "What the Hell Is Bitcoin? Let This Documentary on Netflix Explain". GQ. Retrieved May 29, 2018.
- "Aprenda sobre Bitcoin viendo Netflix", infolaft (in español), Lozano Vila & Asociados, retrieved 2020-07-04
- "Banking on Bitcoin (2016) - Full Cast & Crew". IMDb. Retrieved May 29, 2018.
- Banking on Bitcoin: A Review (September 21, 2017), "Banking on Bitcoin: A Review", ThatShelf.com, retrieved 2020-07-04
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