The Bitcoin Gospel
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Is bitcoin the blueprint for a bankless currency, or the biggest pyramid scheme ever?
When the financial world collapsed in 2008, a mysterious genius under the pseudonym Satoshi Nakamoto presented the architecture for the perfect, bankless currency.
Bitcoins can’t be forged, and can be transferred worldwide with one click of a button, without transaction costs.
Up till today, nobody knows who Nakamoto is, but his invention of the first decentralized cryptocurrency became world-famous within a couple of years.
‘Bitcoin Jesus’ Roger Ver invested massively in bitcoins when they were still worth less than a dollar, and in 2013 he saw the bitcoin exchange rate reaching as much as 1000 dollars.
What’s the bottom line, now that this globally disruptive currency has grown to maturity?
Credits: Director: Hans Busstra
Research: Marijntje Denters
Producer: Marie Schutgens
Commissioning editors: Marije Meerman/Doke Romeijn
In their view, the world banks and governments harbor too much control over the financial vitality of the masses.
The insightful new documentary The Bitcoin Gospel examines one such method for making this hypothetical a tangible reality.
The concept took hold in 2009 following the global financial crisis of the previous year.
Consumers could buy and sell goods anywhere around the world without the constrictions of currency exchange or conversion.
The Bitcoin Gospel covers all of these issues and more in admirably even-handed fashion.