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Banking on Bitcoin
Directed byChristopher Cannucciari
Written byChristopher Cannucciari
Produced byChristopher Cannucciari
StarringCharlie Shrem
Nick Spanos
Nancy Cannucciari
Paul Vigna
Michael Casey
Music byBen Prunty
Production
company		Periscope Entertainment
Distributed byGravitas Ventures
Release date
  • December 30, 2016 (2016-12-30)
Running time90 minutes
CountryUnited States
LanguageEnglish

Banking on Bitcoin is a 2016 American documentary film directed by Christopher Cannucciari that explores the history, impact, and potential of Bitcoin, highlighting its ideological and financial battles.

Plot

The film provides an overview of Bitcoin's journey, from its inception to becoming a focal point of financial innovation. It particularly focuses on the early adopters and the establishment of the "Bitcoin Center" in New York, which was pivotal in making Bitcoin more tangible and accessible to the public. One of the key narratives is the creation of the first live cryptocurrency exchange, situated just 100 feet from the New York Stock Exchange, symbolizing the clash and potential convergence of traditional finance with new digital currencies.

Production

- Director and Writer: Christopher Cannucciari both directed and wrote the film, aiming to educate viewers about the disruptive nature of Bitcoin. - Music: Composed by Ben Prunty, known for his work on the game "FTL: Faster Than Light."

Release

After festival screenings, "Banking on Bitcoin" was released in select theaters and later on platforms like Netflix, where it educated many on the basics of cryptocurrency.

Reception

- Critical Response: The film received a mixed reception, with some critics lauding its educational value while others criticized it for not providing enough technical detail. It scores 6.6 out of 10 on IMDb. - Audience Reception: Viewers have appreciated the documentary's role in demystifying Bitcoin for newcomers, though some tech enthusiasts felt it glossed over important technical aspects.

Cultural Impact

The film played a significant role in bringing Bitcoin into mainstream discussions, especially by showcasing the "Bitcoin Center" and the live exchange near Wall Street, which underscored Bitcoin's potential to challenge traditional financial systems.

Bitcoin Center

The "Bitcoin Center", mentioned extensively in the movie, was located in the heart of New York's Financial District, only 100 feet away from the New York Stock Exchange. This proximity was not just symbolic but also practical, offering a physical space for Bitcoin enthusiasts and traders to gather, learn, and trade. The center was crucial in the narrative of "Banking on Bitcoin" as it illustrated the tangible presence of cryptocurrency in one of the world's financial epicenters.

See Also

References

External Links

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