Bitcoin Movie: The Bitcoin Experiment | Documentary | Crypto Currencies | Blockchain

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Bitcoin Movie, Economic Crisis and Bitcoin: The Bitcoin Experiment: What is bitcoin? How will it impact the way we do business and can bitcoin really challenge the banks’ monopoly and democratise society? 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.

The Bitcoin Experiment (2015)
Director: Pål Karlsen
Genres: Special Interest | Documentary
Language: English
Release Date: 2015
Runtime: 40min.
Production: HACIENDA

Since 2009, the value of the bitcoin has varied by several million per cent. The currency has been linked with criminal networks and shady business. But despite the warnings, bitcoin has gone from obscure programme to billion 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, as users, lawyers, government officials, enthusiasts and sceptics.

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  1. >>>> Please Help Me Understand <<< If the OECD countries, through a mutual resolution, were to decide to ban bitcoin in all of the member states, what would be the effect of that on bitcoin? What if no transactions in these countries could be done legally? I'm not an expert and genuinely looking for answers that can help me understand.

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