Is bitcoin the blueprint for a bankless forex, or the most important pyramid scheme ever?

When the monetary world collapsed in 2008, a mysterious genius beneath the pseudonym Satoshi Nakamoto offered the structure for the right, bankless forex. Bitcoins cannot be solid, and could be transferred worldwide with one click on of a button, with out transaction prices. Up until at this time, no one is aware of who Nakamoto is, however his invention of the primary decentralized cryptocurrency grew to become world-famous inside a few years.

‘Bitcoin Jesus’ Roger Ver invested massively in bitcoins after they have been nonetheless price lower than a greenback, and in 2013 he noticed the bitcoin alternate charge reaching as a lot as 1000 {dollars}. What’s the underside line, now that this globally disruptive forex has grown to maturity? Is bitcoin the blueprint for truthful cash, separated from banks or states, or will or not it’s a brand new hierarchy from haves and have-nots?

Initially broadcasted by VPRO in 2015.
© VPRO Backlight November 2015

On VPRO broadcast you will see that nonfiction movies with English subtitles, French subtitles and Spanish subtitles, reminiscent of documentaries, brief interviews and documentary sequence.
VPRO Documentary publishes one new subtitled documentary about present affairs, finance, sustainability, local weather change or politics each week. We analysis topics like politics, world financial system, society and science with consultants and attempt to grasp the essence of distinguished traits and developments.

Subscribe to our channel for nice, subtitled, latest documentaries.

Go to further youtube channels bij VPRO broadcast:
VPRO Broadcast, all worldwide VPRO packages:
VPRO DOK, German solely documentaries:
VPRO Metropolis, exceptional tales from all around the world:
VPRO World Tales, the journey sequence of VPRO:
VPRO Additional, further footage and one off’s:

Director: Hans Busstra
Analysis: Marijntje Denters
Producer: Marie Schutgens
Commissioning editors: Marije Meerman/Doke Romeijn
English, French and Spanish subtitles: Ericsson.
French and Spanish subtitles are co-funded by European Union. .