【Cinema】Top five high-quality documentaries to help you easily understand Bitcoin and blockchain.

For those of you who have nothing to do on Labor Day and are hesitant to go out due to the fear of contracting COVID-19, worry no more. Here are five blockchain and Bitcoin documentaries/movies curated specifically for beginners, allowing you to have a relaxing and enriching holiday at home.

The Magic of Documentaries

For most people, the initial reaction to novel things is often fear or rejection, which in turn limits their thinking and possibilities. This is especially true when it comes to cryptocurrencies involving assets. As industry professionals, we are well aware of the confusion and bewilderment beginners face when dealing with cryptocurrencies. Bitcoin is a rather unique entity, involving monetary theory, cryptography, economics, and even game theory, making it difficult for newcomers to grasp in a short amount of time. If there is a way to help beginners understand cryptocurrencies or blockchain, watching documentaries may be the best approach.

An outstanding documentary can blend reality with the surreal, inspiring us to reflect on ourselves and our limitations. For some, watching a high-quality documentary may be the first step in learning about new things. Below are a few selected excellent documentaries that can help individuals understand the real side of Bitcoin in the most relaxed manner.

Bitcoin: The End of Money as We Know It 2015

"Bitcoin: The End of Money as We Know It" won the 2015 Special Jury Prize at the Amsterdam Film Festival, focusing primarily on the exploration of "money." From ancient times to modern financial systems, money has undergone numerous evolutions, each challenging existing systems and values. Bitcoin challenges traditional banking and monetary systems with its characteristics of decentralization, censorship resistance, and non-physical nature. It is just one of the many stages in the evolution of money throughout history, and through this film, viewers can understand the immense potential Bitcoin holds in the modern world.

Trust Machine: The Story of Blockchain (2018)

Just by its name, it is clear that this is a documentary focusing on blockchain technology. While some parts of the film discuss cryptocurrencies, the majority delves into blockchain technology and decentralization, showcasing the role this technology plays in addressing significant real-world issues such as hunger and income inequality. After watching, viewers will have a deeper understanding of the "decentralization" revolution brought about by blockchain.

Bitcoin: Beyond The Bubble (2018)

If you are intrigued by the concept of Bitcoin but are unsure where to start, this documentary is perfect for you. In just 35 minutes, complex knowledge about cryptocurrencies is simplified, providing a concise overview of the principles, characteristics, and value of Bitcoin. The film also includes insights from scholars and experts on Bitcoin. Overall, this film is easy to understand, keeps a good pace, and conveys high-quality, neutral, and accurate concepts that are extremely helpful for beginners.

Bitcoin: Shape the Future (2017)

If the previous English documentaries seem too challenging for you and you are more interested in the Chinese market and the development of the cryptocurrency market in China, then "Bitcoin: Shape the Future" is the ideal choice. This is currently the most comprehensive Chinese documentary discussing Bitcoin. The film features viewpoints on Bitcoin from industry leaders in the Chinese cryptocurrency industry, such as the founders of Bitmain and Huobi, and the CEO of ViaBTC. It covers various aspects of the early (filmed in 2017) Bitcoin market in China, mining development, Bitcoin community, and more, providing viewers with insights from an industry perspective to understand Bitcoin in a way they have not experienced before.

Saints and Thieves

Lastly, it is important to support the first domestic blockchain business war film, "Saints and Thieves." This film does not focus on the knowledge of blockchain and cryptocurrencies but rather criticizes the ugliness of the existing financial system and the power of the privileged. Watching this film may not necessarily help you understand blockchain, but it will make you "want" to understand blockchain.

Apart from the five documentaries/movies mentioned above, there are still many documentaries worth watching, such as "The Rise and Rise of Bitcoin 2014" and "Banking on Bitcoin 2016," both recommended choices for many cryptocurrency enthusiasts. Hopefully, these documentaries can help you understand the potential and importance of cryptocurrencies and blockchain technology from the ground up.

Further Reading

• "Congratulations, You've Inherited Bitcoin from 2010!" - U.S. Humor Short Film Portrays the Last Thing Crypto Players Want to Happen
• Don't Step on These! 5 Major Landmines New Cryptocurrency Enthusiasts Unknowingly Encounter

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