The Bitcoin Experiment: Fix the Money, Fix the World? | Bitcoin Documentary
Java Discover | Free Global Documentaries & Clips
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Following the global economic crisis, more and more people are questioning the way global markets function. Some are turning to decentralised payment systems like bitcoin in an attempt to regain control of the economy. But what is bitcoin? How will it impact the way we do business and can bitcoin really challenge the banks’ monopoly and democratise society?
Since 2009, the value of the bitcoin has varied by several million per cent. The currency has been linked with criminal networks and shady businesses. But despite the warnings, bitcoin has gone from an obscure programme to a billion-dollar industry. Currently, there are about 100,000 Bitcoin transactions per day. In comparison, Visa alone has 4,000 transactions per second. This has led people to question if the system will work on a large scale.
Amund Sjølie Sveen takes us on a road trip across Scandinavia to learn more about bitcoin blockchains and digital currencies. Along the way, he seeks out environments and meets people who have a relationship with Bitcoin, such as users, lawyers, government officials, enthusiasts and sceptics.
This documentary was first released in 2015.
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