Cryptopia: Bitcoin, Blockchains and the Future of the Internet

There's a lot of babble but very little substance. It doesn't make things simple enough for the laypeople and for anyone knowing anything it's entirely nonsensical at times. Random things said but not explained or questioned.

For example, one company describes their product as "an operating system on top of Etherium." That's it. He didn't ask what that means, just put it out there. Was the point to make it seem entirely ridiculous?

He went to see a vault that has servers and data. No explanation what and why. "The key is split into five locations." Ok, what key? What is it used for? How do they use it when they need to? Nothing is explained.

There's at least some points where they show how much was promised and how nothing was delivered by the crypto fanatics, but in the end it doesn't really say anything. Much better ways to waste time.

This is a very intense and detailed documentary about the entire industry. the good parts of it and also the bad projects and people. i need to watch it again because it was so information dense. the production was really high quality with many graphics and helicopter shots. i enjoyed some of the funny scenes that lightened the mood between more technical bits. I enjoyed watching all the crypto VIPs too.

It is a must see, eye-opening and entertaining movie about past, present and the future of crypto currencies and blockchain. It discusses all major political and development angles that cryptocurrencies are facing today.

Bitcoin is currency, not money. Money has to be a commodity first, and a medium of exchange second e.g. Silver. Silver is used in batteries, cars, mirrors, water filters etc etc. But it can also be used as a medium of exchange. Money has to be a stable store of value over hundreds of years. E.g. The dollar has lost 98% of its purchasing power within a few decades I.e. The dollar is currency, not money. Similarly, Bitcoin is simply a medium of exchange, in the form of a digital token I.e. Currency. It is not money. The film comes across like a pump-and-dump scheme. "We know it's going to a million dollars a coin". Do we know that? I sure as hell don't. There are 15,000+ cryptos out there. Crypto is the latest get rich quick scheme, but the ship has already sailed. There's no questioning the blockchain technology will have applications in the future, but it isn't isolated to Bitcoin. It has other applications. It also doesn't give Bitcoin 'value' in the same way the dollar is sometimes said to be 'backed by the US government'. Nonesense to those who understand what money actually is.

A very well balanced and easy to follow documentary that not only hears from the proponents of the space, but also its critics and controversial figures. The documentary opens the kimono to reveal many things newbies and even veterans in the space may have not known. A recommended watch for those curious about Bitcoin and its hardcore fan base.