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.
Bitcoin is a peer-to-peer monetary system in which all transaction records are public. Participants can use its open-source software to transfer virtual currency to one another as easily as they might send an email. Bitcoin opens an uncharted world of new possibilities to explore. We'll follow the stories of entrepreneurs and startups that are helping shape the new financial frontier. We'll look at the competitive mining market and the various subcultures within the Bitcoin community." You'll encounter a variety of characters and opinions as we examine the social and political impact of an open-source digital currency. Will the rise of Bitcoin bring a monetary paradigm shift that will forever change the world? Supposedly invented by a mysterious Japanese man named Satoshi Nakamoto (whose current whereabouts are unknown). Because it is designed to have an absolute ceiling of 21 million Bitcoins in circulation (not anticipated until 2040), and the system has no central depository or administrative authority, it has great appeal to libertarians and others who seek alternatives to a perceived corrupt, manipulative banking infrastructure and excessive government regulations. Its low processing fees compared with those of mainstream credit-card companies also hold considerable allure for merchants.
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.