A new documentary-type movie about cryptocurrencies and blockchain, in general, is in the making by Torsten Hoffmann who has already debuted his support and interest in the blockchain technology by releasing another similar movie in 2015 titled “Bitcoin: The End of Money as We Know It”.
The movie wasn’t necessarily a large hit simply because cryptocurrencies and blockchain weren’t as popular four years ago as they are now in this day and age. After the 2017 market boom, it’s very likely that more and more people are starting to consider their involvement with the cryptocurrency market but lack the essential information and education about the matter.
Hoffmann aims to address that issue by interviewing a dozen market experts and compiling all of this information in an easy-to-understand movie which will most likely last around an hour, give or take twenty minutes.
The new venture is being titled “Cryptopia: Bitcoin, Blockchain and The Future of The Internet”.
Experts from all over
Hoffmann will be re-introducing over a dozen market experts he has already worked within his previous movie and hopes to deliver some of the best possible information and implications about what cryptocurrencies could do to the internet to which we’ve barely adapted so far.
The synopsis of the movie will be centered around how cryptocurrencies are supplying people such a diverse alternative compared to government-controlled fiat currencies and comparing the new technology’s performance so far, as opposed to the USD and various other currencies we know and love.
Furthermore, this topic comes extra close to Hoffmann as the movie will mostly be associated with the Australian film industry, where Bitcoin is a paramount topic nowadays. Why is it so paramount? Because of the explosion of crypto usage in the country of course.
You see, the Australian financial law has been going through hundreds of changes over the years, experiencing a particularly important one not too long ago in 2019 when the government placed a cap on maximum transactions without a bank notice. The amount is $10,000.
This caused an explosion of creating a Bitcoin casino Australia could potentially offer. People were relying on these “third-party” providers to somehow get $10,000 through without the interference of the Government.
Government focus is the key to the movie
Hoffmann will be talking to market experts such as Vitalik Buterin, Charlie Lee, Andreas Antonopoulos and various others who have been involved in the industry from arguably its first appearance in the world.
All of these people will be supplying important information about cryptocurrencies and the blockchain in general which has been misrepresented by the media in the past.
The key factor to the movie will be the explanation of how cryptocurrencies and the blockchain, in general, are disrupting government control over the internet and allowing regular people to take control of not only their finances but their personal information as well.
Another main focus will be the revolutionizing characteristics of blockchain and cryptocurrencies that they are currently applying to the internet as we know it
Rumors such as World Wide Web 3.0 have been surfacing all over the internet with blockchain fans supporting the notion to full degree. But that outside of this industry doesn’t really understand what Web 3.0 really means and what it could potentially change in the financial and social lives of people in about 5 or 10 years from now.
The narrative will have a serious emphasis on the changes the general population should be expecting from the blockchain technology as well as the methods they should use to prepare from it.
One main aspect that one should definitely not focus on is that this is not a “sales trick” from the people involved in the documentary. None of them will necessarily talk about their personal projects such as Ethereum and Litecoin. But if they do, it will be in service of emphasizing the importance of the blockchain rather than their own product.
Considering the fact that the previous documentary was well received by blockchain fans, this is definitely going to have a similar impact.
Promises in the documentary
A small part of the documentary will be dedicated towards analyzing the development of the blockchain ever since the 2017 “bubble burst” after Bitcoin lost more than 80% of its valuation. For those who don’t know, Bitcoin nearly reached $20,000 in December 2017 only to plummet to $3,500 in 2018.
But now, since the market is relatively back on its feet again with Bitcoin reaching nearly $14,000 in the Summer of 2019, it is all the more relevant to discuss the dynamics of the market and what it could hold in store for traders as well as developers for the future.
Will the blockchain destroy banking as we know it? Is it a real threat that governments have to dread? All of this in Cryptopia: Bitcoin, Blockchain and the Future of the Internet.