One of the wrost movies I have ever seen

Absolutely the worst movie.

The film was still a fun one that will make you laugh and have you leaving the theater feeling like you just stole something valuable and got away with it.

The first must-see film of the year.

Bitcoin: The End of Money as We Know It is an hour-long documentary, split into two halves - one half focusing on the history of money and how the United States' currency went from being backed by gold to being backed by faith, and the other half, focusing on the potential of the digital "cryptocurrency" known as "Bitcoin" - predominately made up of infographs and charts to make its information digestible. We learn the philosophical idea behind currency, most importantly, how it is not created in addition to a government, but rather, long before any kind of government to establish some manner of obtaining scarce resources, and see how the idea of a currency dominated by governments and banks may be a thing of the past when it comes to Bitcoin.I already did my best to explain what a Bitcoin was in my review for The Rise and Rise of Bitcoin - a documentary to which this particular film inevitably suffers by comparison, so I'll exercise brevity in trying to nail all the major points again. Bitcoin is a global, decentralized currency, not created nor distributed from a central location such as the Federal Reserve. Because of this, there is no sole owner of Bitcoin, for it exists on thousands of computers, with numerous tech-savvy internet users tracking, verifying, and distributing the digital currency - these people are known as "Bitcoin miners." The distribution of Bitcoins are kept on a digitized ledger, and, similar to filesharing, Bitcoin is transmitted in a peer-to-peer fashion. Finally, no more than twenty-one million Bitcoins will ever exist, making Bitcoin the first ever currency to have a cap. This prevents any kind of Federal Reserve practice such as "quantitative easing" from taking place in a time of economic disparity.One interviewer in Bitcoin: The End of Money as We Know It refers to Bitcoin as potential for being a microeconomic worker, something that operates on a small scale of firms and businesses, or a macroeconomic wrecking-ball, something that can have leverage in the economy and influence the currency distribution around the world. Unlike with the U.S. Dollar, or for that matter, any currency from the Japanese Yen to the Russian Ruble, there is no middleman with the way Bitcoins are distributed. Not only is there no Federal Reserve, boasting an endless supply of Bitcoins, there's also no credit card company and no shady banking system. Bitcoin is the first currency to be created, dominated, and, most importantly, distributed by people.Hundreds of years ago, when communities were small tribes, people's debits and credits were internalized in the mind of the individual, with no banking system whatsoever. The currency at the time was known as "commodity money," tangible items that had to be a combination of scarce, recognizable, divisible, portable, and easily distributed, such as grains, gold, or metal to be viewed as probable vehicles of transactions. Directors Torsten Hoffmann and Michael Watchulonis spend the first half hour outlining the history of paper currency's rise to dominance, particularly in the United States, with the creation of government bonds following acts of war and impending war debt and the government's response to The Great Depression. Upon spiraling into one of the worst depressions ever seen in the world, an embargo on gold was put into place and the U.S. relied on fiat money. Fiat money, in essence, is money backed by nothing other than your faith and trust in your government. It can be retracted or deemed worthless just as quickly as it was printed or handed to you by a clerk or your boss.Bitcoin: The End of Money as We Know It tells its story largely through graphs and statistics, making it one of those documentaries you either choose to trust upon hearing the information or spend hours fact-checking online to see if its claims hold weight. The balance Hoffmann and Watchulonis achieve with statistics and interviews, largely from CEOs of websites, Bitcoin miners and organizers, and so forth, more or less make you forget that you're watching a documentary with more computer animation than some animated films.The documentary's presentation is one that mirrors propaganda, in the way that it appeals to people by illustrating a black and white dichotomy, in this case, presenting the dollar and the American banking system as evil and Bitcoin and its process as flawless systems you must trust in order to be part of the digital revolution (aka "the winning side"). The Rise and Rise of Bitcoin presented the digital currency with all its flaws and potential shortcomings in tact, in addition to having skeptics have a say just as much as those who were furthering Bitcoin's progress and significance in their own homes. The End of Money as We Know It lacks that well-roundedness, and with all the time spent on detailing the history of currency, complex, lofty ideas of Bitcoin, its operations, and its rise are sacrificed in depth and illustration because of the concise runtime.Bitcoin: The End of Money as We Know It may make a serviceable starting place for someone who has no idea what Bitcoin or its operation is, however, with a more elaborate and rounded documentary not far out of reach, it falls short in terms of trying to justify its existence.Directed by: Torsten Hoffmann and Michael Watchulonis.

Bitcoin documentaries are always fascinating for novice digital currency enthusiasts, as they have access to a convenient medium to learn something new. Granted, sometimes these documentaries present outdated information. Bitcoin, The End of Money As We Know It is now available on Vimeo and BitTorrent Bundle.The list of Bitcoin documentaries is still fairly short at this time, but there is always a sense of anticipation whenever a new release is coming up. In the case of "Bitcoin: The End of Money As We Know It", that release has been anticipated for quite some time now. But the wait is finally over, as this Bitcoin documentary can now be purchased on both Vimeo and BitTorrent Bundle platforms.Whenever Bitcoin is introduced to a new group of enthusiasts, there is always a slight hurdle to overcome in terms of explaining why it offers advantages over fiat currency as we know it. And regardless of how that conversation is perceived, it ends up being quite drawn- out and boring at times when discussing the history of money.Bitcoin: The End of Money As We Know It explains the history of money in a video format and unveils some things most people already know, as well as some other things hardly anyone knows about. Finding the proper layman terminology to achieve this goal is not an easy feat. However, the writer/director/producer of this Bitcoin documentary is fairly confident young adults will take away quite a bit of information from it.Bitcoin is a very complex topic, as there is much more to it than just the Bitcoin price mainstream media likes to rave about. The revolutionary aspect of Bitcoin itself is a lengthy topic to discuss, and in order to explain it properly, it has to be put into its rightful context. Striking a conversation about Bitcoin out of the blue rarely goes well, and as with any informative talk, starting at the beginning is the best approach.This historical context is what makes "Bitcoin: The End of Money As We Know It" so interesting, and different from other Bitcoin documentaries. Even though this is only a 60-minute video, the first half of it does not even reference Bitcoin at all. Explaining the history of money is an integral part of the Bitcoin mindset, and with the right mix of humour and storytelling, a cohesive story has been created."Most people have heard of bitcoin. But not enough people understand it. Our documentary is a crash course in this disruptive technology. 'Bitcoin: The End Of Money As We Know It' puts a clear, unbiased lens on the history of money, the role of institutions, and the rise of digital currencies." – Torsten Hoffmann, Writer, Director and Producer of Bitcoin: The End of Money As We Know It told Digital MoneyTimes.

I thought the trailer was absolutely fantastic (watched it many many times, made the whole issue of money 'cool' which is not easy) so I had high expectations going in but they were very much exceeded.I did not expect the 'history of money' section but it was definitely a good idea to put this in- in my experience, the average person has a very hard time grasping the idea that currencies don't last forever. The doc made the point very well that actually the financial system/currency we use is constantly in flux- and in fact our current financial system has only existed since 1971 (watch the doc to find out why!). The doc then flowed into what bitcoin is and how it differs from the alternative. I cannot fathom how you can watch this section and arrive at any conclusion other than the fact that bitcoin is one of the greatest innovations of our lifetime.I recommend this doc to anyone no matter how knowledgeable you are about bitcoin.

We designed the documentary in a way that non techies and non Bitcoiners are introduced to the topic. we aimed to explain the history of money and to show what is wrong with the current financial system before explaining the innovation of the blockchain. both pros and cons are discussed in this documentary which features a long list of interviewees including journalists, entrepreneurs, economists and Bitcoin experts.Also, the film is designed to still be accurate in a year or two. There are few references to current news items or the exchange rate. Instead we focus on the fundamentals of money, and the Bitcoin technology.