Bitcoin is already grabbing the interest of the public, and the ire of the regulators. Since its inception, the majority of public fails to grasp even basics about bitcoin. Now, a good news is that there is an independent film, ‘Banking on Bitcoin’ which covers the roots of Bitcoin, its underlying technology as well as its possible future. 


  • An independent film ‘Banking on Bitcoin’ explains viewers the roots, technology, and future of Bitcoin.
  • The movie is now available on Netflix.
  • It gives a detailed historic and ideological overview of Bitcoin’s development.
  • The documentary features interviews with bitcoin enthusiasts and experts.
  • The film’s director/writer/producer is Christopher Cannucciari and associate producer is Phillip Galinsky.
  • The theories of Satoshi Nakamoto, the unknown creator of Bitcoin are being explored in the film.
  • However, the coverage of recent developments is very limited. This limitation calls for a sequel of the film to cover all the latest developments related to bitcoin.

Bitcoin is already grabbing the interest of the public, and the ire of the regulators. Since its inception, the majority of public fails to grasp even basics about bitcoin. Now, a good news is that there is an independent film, ‘Banking on Bitcoin’ which covers the roots of Bitcoin, its underlying technology as well as its possible future. The documentary, featuring interviews with enthusiasts and experts is now available on popular platform Netflix. For the many newcomers, the film will give a comprehensible first introduction.

The film shows the players who are defining how this technology will shape our lives. The film covers the early years of bitcoin and some of the controversy that grew around it. According to the Netflix news release, “Bitcoin is the most disruptive invention since the internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism.”The movie features interviews with financial columnists from the Wall Street Journal and the New York Times as well as early bitcoin adopting entrepreneurs like Charlie Shrem and Eric Voorhees.

Erik Voorhees, the founder of Shapeshift, says,

 “I discovered Bitcoin’s power when I understood it was not controlled by a central company or central person. I knew that that meant it couldn’t be shut down. And if it can’t get shut down, all it needs is to do something useful, and it will become more and more adopted.

The story line places Bitcoin as the only “honest currency” in circulation. The film contrasts the differences between centralized banking systems and the decentralized Bitcoin system. The first half of the movie gives the audience an illustrated tour through the history of the cryptographic technology. Although the film provides a detailed historic and ideological overview of Bitcoin, it fails to highlight the new developments. The film largely focuses on the digital currency’s unsound relationship with the banks and regulatory bodies, challenges like the fall of MtGox and the Silk Road, as well as early bitcoin adopting entrepreneurs. Since the film runs between years 2013 to 2016, the coverage of recent developments is very limited. This limitation calls for a sequel of the film which to cover all the latest developments related to bitcoin.

The film’s director/writer/producer is Christopher Cannucciari and associate producer is Phillip Galinsky. The theories of Satoshi Nakamoto, the unknown creator of Bitcoin are being explored in the film. The fact that Bitcoin could potentially serve the two and a half billion people on the planet who remain unbanked and could empower them by giving the financial control back into the hands of the individual is highlighted in the movie. It documents the clear hypocrisy of the financial regulators. The film leaves the audience with the question that whether the banking industry will eventually accept this technology of Satoshi Nakamoto and the other “cypherpunks or not”.

‘Banking on Bitcoin‘ is a perfect movie that shows the true life stories and public misconceptions surrounding the cryptocurrency. It is also available at Amazon.com.


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