One year after raising AU$17k (~US$13k) in a crowdfunding campaign, and days after it picked up two awards at its world premier at Freedom Fest 2015 in Las Vegas, Torsten Hoffmann's “Bitcoin: The End Of Money As We Know It” was released on several video-on-demand platforms today.
Bitcoin: The End Of Money As We Know It traces the history of money over the course of the centuries, until present day. As such, it details the practices of central banks and the role of other actors in the financial industry. It highlights how most money today is created by commercial banks, and explores the role of governments in the money creation process. Ultimately, the documentary presents Bitcoin as a possible alternative to the current monetary paradigm.
Writer, director and producer of the documentary Torsten Hoffmann said:
“The documentary reveals some surprising and little known facts about the money we use everyday and introduces Bitcoin as a potential alternative. Our film is targeted at anyone who wants a crash course about this disruptive technology and has yet found good and balanced media coverage. We suspect that the film will be popular among young adults working in the technology, start-up and finance sectors as well as anyone interested in Libertarian ideas.”
Perhaps more than most other Bitcoin documentaries, Bitcoin: The End of Money As We Know It delves deep into the history of money itself. While important in the second half, Bitcoin is not even mentioned until the halfway point of the film.
“I originally thought that we can just jump right into Bitcoin, but then there is no context for the audience to understand what makes Bitcoin so revolutionary. So we decided to start at the very beginning; with the history of money – before coins were even minted. Much later, governments got involved in creating and controlling money as a central authority. In my research I was surprised, and shocked, to find out that most money today is actually created by private banks, which of course leads our story directly to the last financial crisis.”
Hoffmann, a German serial media entrepreneur with a Finance MBA degree from the University of Oxford, makes his debut as a director with Bitcoin: The End of Money as We Know It. The film features a variety of thought leaders in the Bitcoin space, including Andreas Antonopoulos, Roger Ver, Bernard von NotHaus, Jeffrey Tucker, Michael J. Casey, and more.