The Rise and Rise of Bitcoin
The Rise and Rise of Bitcoin
| 03 October 2014 (USA)
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A documentary about the development and spread of the virtual currency called Bitcoin.

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Reviews
diana-miller-145-440589

It is very well made and touches (and explains) most of the more interesting functions and applications of this new technology. Blockchain (Bitcoin) is the key for the decentralized future of humanity, once the centralized and corrupt current systems crumble on their own weight. So this documentary depicts why bitcoin is the future not only for money, but for many more imagined (contracts, global ledger, voting, etc) and yet unimagined decentralized and transparent services for the good of every human being.Just as reference: "Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank."

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Tulip Coins

The Rise and Rise of Bitcoin achieves the opposite of what one would assume its goals are.Right from the start we're greeted with the Winklevoss twins. Two men best known for 'suing the Facebook guy'. After a moment is taken for them to share their attempts to enrich themselves further at the expense of others the movies narrator goes on to tell the audience he's recently spent a great many bitcoins on a Butterfly Labs bitcoin miner.Butterfly labs is one of the many now bankrupt or under investigation companies we're invited to take a look at.The Rise and Rise is documented proof that the bitcoin landscape is made up of thieves, lairs and bad actors. The few people who get involved 'out of interest' are sheep that get eaten alive by the wolves at the top of the pyramid scheme.Notable people interviewed: Charlie Shrem - now a convicted felon due to money laundering.Erik Voorhees - claims to have renounced his American citizenship and fled to Panama after selling an illegal gambling company.Gavin Andresen - employed by the notoriously corrupt 'Bitcoin Foundation' (of which many members have stepped down) to maintain the Bitcoin code.Mark Karpeles - Amazing visionary who unfortunately got caught up and had his name sullied by the vicious money hungry Bitcoin community.Roger Ver - Bitcoin Missionary.This documentary is well worth watching, it's comedy gold.

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John Mann

Unless you are the type of person that enjoys shoveling your money into a furnace, don't waste your time with this "movie". Its intent is clearly to function as an ad to get greater fools to buy into a pyramid that is already crumbling. You see, bitcoins are nothing but virtual tokens. Greed and ignorance led many people to start trading real money for these tokens (think beanie babies, only even more ridiculous because bitcoins are completely virtual). In order to sustain this scheme, bitcoin "investors" need greater fools to come in and buy their virtual tokens for more money than they paid. That's why you see such great ratings and reviews in this "movie", they are trying to legitimize the scheme. Since the price of bitcoins has been cut in half in just a few months, the people in the pyramid are getting increasingly rabid and desperate. The author of this "movie" is one of those investors. His bias is clear throughout this 96 minutes ad. A true bitcoin documentary would have to be a lot longer, in order to accommodate for all the scams, ponzis, and all the theft that makes up the cryptocurrency world.

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dawiepoolman

For the inquisitive minds about the inherent flaws in our current monetary system and how money works in general, this simplified overview of Bitcoin is truly refreshing. Many complex issues about the protocol is explained in laymen terms to enable any family member to appreciate the invention for what it accomplishes. The internet of money has been spawn and naysayers would one day regret not having explored this invention beyond first misconceptions. This documentary provides a great intro into the early adopters' lives and why the community is blossoming in a time when the rest of the world is sinking deeper into depression and debt. It invites one to look beyond mainstream misrepresentations and that it is only a black market currency. Great documentary indeed. Would recommend it to any friend.

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