Bitcoin is the most popular cryptocurrency right now and if you want to learn about it, a simple way to do so is to check out the best bitcoin documentaries to watch on Netflix, YouTube and Amazon Prime.
So what is cryptocurrency and why should we care? Well, cryptocurrency is basically a form of digital asset or digital money if you will. Bitcoin is not the only one — there are quite a few. However, bitcoin is right now the most sought after. Bitcoin is accepted worldwide as a medium of payment, but it is hard to keep track of as well. Right now, some speculate that sometime in the not so distant future, all physical money will be replaced by cryptocurrencies like bitcoin. On the other hand, many think it will eventually get shut down or die off. There are basically two ways you can learn about bitcoins or cryptocurrencies in general. Either you go to the experts such as these guys 10 Bitcoin and Cryptocurrency Experts to Follow on Twitter and Facebook or you can watch bitcoin documentaries on Netflix or any other streaming media. A couple of amazing documentaries about bitcoin are Banking on Bitcoin on Netflix and The Rise and Rise of Bitcoin. Every best bitcoin documentary list will contain these names. However, there are plenty more that you can watch on various video streaming websites such as YouTube and Amazon Prime.
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If you want to make some bitcoin yourself, then there are two ways you can accomplish that. Either you mine for bitcoin or you can also offer services and products online and charge bitcoin for them. However, that is a different topic entirely, and we do intend to cover that in a separate article. If you wish to learn more about the price of bitcoins and things of that nature, do check out 10 Highest Paying Bitcoin Faucets in 2017. The seven documentaries that made our list are essentially the list of best documentaries regarding bitcoins so far. Just keep reading and we will explain why.
The thing is, even though cryptocurrencies have been around for some time, they became mainstream only recently. Therefore, the number of documentaries on the subject is small. However, we did manage to find the best such documentaries thanks to IMDB, Netflix, YouTube and Amazon. We basically took a look at the list of available bitcoin documentaries on Netflix, YouTube and Amazon, and then went ahead and ranked the list based on the IMDB user rating and Amazon Prime rating. If enough people say that something is good, we have no problem standing behind the majority and often (but not always) it is the best way to do things. However, in this case, we think we’re pretty safe standing behind the majority. This is how we basically made our list, and we surely hope that you would enjoy going through our list as much as we enjoyed making it.
Let’s get right into the list of best bitcoin documentaries to watch on Netflix, YouTube and Amazon prime.
7. Bitcoin Gospel
Bitcoin Gospel delves deep into the concept of bitcoin and “how it will revolutionize the economy of the world.” It argues that although we say we have a global economy, there are severe limitations to the system right now. However, with the lawful use of bitcoin as the medium of exchange pretty much every limitation can be overcome. It goes into the details of how bitcoin works and how easy it is to learn how to use this amazing cryptocurrency. The documentary which ranks 7th on our list of best bitcoin documentaries to watch on Netflix, YouTube and Amazon Prime also talks about the negative side of using bitcoin as well. If the vision Bitcoin Gospel shares with us comes to fruition, there will be no need for a bank or any other financial institution to mediate any kind of transaction. The idea is really cool and pretty amazing if you think about it.
6. Magic Money: The Bitcoin Revolution
Do you have complete control over the money or assets you own? Well, you might think you do, but other than paying direct cash for a transaction, you are going to need a third party for any other type of transactions you make. The bottom-line is that the third party always gets a cut and to a great degree has control over your hard earned money. Well, the advent of bitcoin may change all that and some more. If you want to learn about this amazing cryptocurrency’s origins and its future implications, then you have to watch Magic Money: The Bitcoin Revolution.
5. Banking on Bitcoin
The long-established norms of society have challenged every new thing, and you can imagine what a storm of controversy and intrigue something like bitcoin could generate. Banking on Bitcoin is a documentary about the possibilities and implications a currency like bitcoin can have on society. Over hundreds of years, the government has been the only authority that issued currencies and also regulated it accordingly. However, it is virtually impossible to regulate or monitor bitcoins, and that opens up a whole world of possibilities both good and bad. If you are wondering about these things, then you might find just the answer you have been looking for in this amazing documentary.
4. The Rise and Rise of Bitcoin
The Rise and Rise of Bitcoin is one of the better-known bitcoin documentaries on the list of best bitcoin documentaries to watch on Netflix, YouTube and Amazon Prime. If you ask someone which documentary to watch if you want to learn about bitcoins, they are likely to tell you about this one. The Rise and Rise of Bitcoin shows the fascination of a computer programmer over bitcoins. Computer programmers are smart people, and when they stand behind something saying this is going to be the future, then we have no choice but to believe it, right.? This documentary covers the origin and popularity of bitcoin as a cryptocurrency. If you are going in blind into the subject of bitcoin, then you cannot go wrong with this one.
3. Bitcoin: The End of Money as We Know It
We are halfway through our list of best bitcoin documentaries to watch on Netflix, YouTube and Amazon prime, and at number 3 we have “Bitcoin: The End of Money as We Know It”. However, the documentary definitely does not portray something negative or pessimistic. Bitcoin is the future of money and the banking system. Since bitcoin does not exist physically, the concept of a banknote or metal coins will eventually give way to the future and money will only exist in the virtual world. That is the sole message this documentary tries to push. You are certainly not going to lose all of your money overnight if bitcoin someday replaces money as we know it. Instead, you are going to have full control and freedom over your money as banks will no longer be necessary to carry out complex transactions, according to this documentary.
2. The Bitcoin Phenomenon
Whenever you are making a transaction through a bank or any other similar institution, you are incurring transaction costs. This transaction cost, no matter how small it may be to you adds up to billions of dollars every day. What bitcoin does, is giving you freedom from this transaction cost, and also makes it much easier to make payments and transfer your funds from one place to another. The bitcoin Phenomenon was well received when it was released back in 2014 for television. However, thankfully you can now watch it on YouTube at your leisure.
1. Life on Bitcoin
At the very top of our list of best bitcoin documentaries to watch on Netflix, YouTube and Amazon Prime, we have Life on Bitcoin. So far every documentary listed talks about the concept of bitcoin taking over the world. However, in this documentary we follow a newly married couple determined to prove to the world that it is already possible to live on bitcoin and bitcoin alone. It is really an interesting documentary to watch, especially if you have already jumped onto the bitcoin bandwagon.
This wraps it up for our list of 7 best bitcoin documentaries to watch on Netflix, Youtube and Amazon Prime.
