Cullen Hoback dives into one of the most enduring and high-stakes mysteries in technology and finance: the origins of Bitcoin and the identity of its anonymous creator, Satoshi Nakamoto. More than a decade after Satoshi's disappearance, Bitcoin now threatens to disrupt the global financial order, forcing nations to reconsider the very nature of money as Satoshi potentially stands to become the richest person on earth. Known for uncovering clandestine subcultures and movements through digital forensics, Hoback immerses himself with key players, uncovers never-before-seen clues, and humorously unravels Bitcoin's chaotic origins and meteoric rise.
The documentary offers a thrilling, globe-spanning investigation into the intentions of Bitcoin's enigmatic inventor, as Hoback encounters those who could be Satoshi, seeking to reveal who holds the power -- and what they might do with it if Bitcoin were woven into our daily lives.

This is the story of Gerald Cotten and the many people who ended up with empty bank accounts after investing in his Bitcoin cryptocurrency exchange, QuadrigaCX. What does a crypto exchange do? The movie explains it concisely and it almost makes sense: A guy like Cotten takes an investment, converts it to Bitcoin and trades it in hopes of turning a profit, kind of like a stock day trader does. Cotten ’s described as a nerdy guy who felt like an outcast, but found a community of like-minded types in the cryptocurrency world.
Cotten was in India when he got sick and unexpectedly died; he was 30. At the time, QuadrigaCX was Canada’s biggest crypto exchange, holding north of $200 million. But nobody could access the keys and passwords to the company’s accounts and, against conventional wisdom, the company had no safeguards to stop such a thing from happening. Everyone who invested their money was left grasping at empty air. Internet forums foster ideas such as Cotten faked his death and took the money. The journalists and forensic accountants who lend the voice of reason, explores the oddities in the Cotten narrative, ruling out some of the crazier stuff in a quest for the truth.

Bitcoin, the beautiful anonymity of cash, but cash that wasn't printed by governments. Instead, it was made by a bit of code, powered by citizens of the internet, and you could trust it. Today, anyone can buy cryptocurrency. A few signups, type in your credit card number, and trade in your money for digital cash. And with a few more steps, you can use Bitcoin to buy what the majority of Bitcoin is spent on: Illegal services. Virtual currencies can pose challenges for law enforcement, given the appeal they have among those seeking to conceal.
Is digital cash the next revolution? Learn about this anonymous currency and why it's so coveted.

With the advent of Bitcoin, the world's first digital currency, for the first time in history money is no longer controlled by banks or governments, but by the people who use it. But where did this currency come from? How does it work? And is it truly the way forward, or just a flash in the pan? Magic Money answers these questions and more as it explores the mysterious origins of Bitcoin, its role in society, and how it could shape the future in an eye opening film.

Bitcoin is the world's leading virtual currency, but unlike real money, it is not backed by a government or properly regulated. Bitcoin is exchanged and held digitally by users - which is attractive to criminals selling drugs, pornography and arms. But now Bitcoin is moving into the mainstream and being openly marketed as an investment opportunity. The film investigates what Bitcoin is and what it means, going inside a Bitcoin mine in Iceland - where currency is made - and spending time with the Bitcoin millionaires of Silicon Valley.
The programme also hears from others who have been scammed out of their life savings and investors who think the cryptocurrency is an enormous scam and that the writing is on the wall. Around the world, authorities are sounding the alarm that Bitcoin is too risky - is it too late, or too crazy, to try to become a Bitcoin millionaire?

Bitcoin is the most disruptive invention since the Internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism. "Banking on Bitcoin" shows the players who are defining how this technology will shape our lives. Bitcoin's early pioneers sought to blur the lines of sovereignty and the financial status quo. After years of underground development Bitcoin grabbed the attention of a curious public, and the ire of the regulators the technology had subverted. After landmark arrests of prominent cyber criminals Bitcoin faces its most severe adversary yet, the very banks it was built to destroy.