Cryptocurrencies - The future of money? | DW Documentary

For some, cryptocurrencies are a dangerous bubble. For others, they represent the future of money. But what are the actual uses - and risks -- of cryptocurrencies? This documentary explores how crypto is altering global financial architecture.

Since its inception, Bitcoin has evolved into a digital global currency that is challenging the existing financial system. The international availability and rapid increase in the value of Bitcoin attracted many to join this game of chance. The President of El Salvador even adopted Bitcoin as his nation’s official currency. However, most governments have positioned themselves against cryptocurrencies that aren’t regulated by states.

The European Central Bank is predicting Bitcoin’s imminent demise. At the same time, the ECB also recognizes the need for digital money in a world that’s so reliant on the Internet. The digital Euro, for use as a payment method via Smartphone, is expected to be available soon. This documentary by Tom Ockers and Ulrich Stein explores how cryptocurrencies are altering global financial architecture. They hear from profiteers and victims, supporters and critics of the new digital currencies.

#documentary #dwdocumentary #crypto
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[jeromedavis]

is this why Btc Cloud Stack choose to only accept bitcoin as there only payment ?

[floringeorgechirila]

“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford

[NicholasBall]

I consider the introduction of a Bitcoin ETF to be a watershed moment in the financial markets. Normally, I wouldn't buy-and-hold assets, but eight months ago, I spent more than $300, 000, and it warms my heart that this is still happening. We are now approaching a bull run, and I am confident that I will regain everything I lost.

[CliveBirse]

I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year

[apidas]

to be honest, for these people. holding on to bitcoin is probably better than holding into their own country currency

[tjpld]

I love how people claim it will drop to zero any second...for the past 13 years.

[en-ex]

Amazing video and style but One thing that everyone should know. Never ask the guy who works in the banking system if you should buy Bitcoin but also don't ask the guy who owns bitcoin either. In both scenarios, we know UPFRONT their answer.

[Mr--_--M]

Those banks said "Oh NO!! They're trying to live without us. Change the laws!!"

[AdrienneDeLaRose]

Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Linda Wilburn, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

[DarkBrandon]

The ECB guy rejecting Bitcoin. Shocker!

[waywardgeologist]

15:34 if you can’t move your crypto to cold storage you don’t own it. Hard to get burnt when it’s not in an exchange.

[Codezenith]

Opting for an influencer whose primary expertise lies in shilling coins to her followers on a daily basis, rather than individuals with genuine knowledge of cryptocurrency, Good job, DW.

[antipode_ghost]

It's good to see that a popular video is making an effort to show the positives of Bitcoin. Would be nice if you also showed better miners, who are actually solving power grid problems, rather than creating new ones. Also would be nice if you found a more credible advocate for Bitcoin than some social media influencer.

[Duhastmage]

Maria will be extremely happy after the halving and this next bull run.

[whocares_today]

Videos like these are the best buy signal.

[bezenhappync-sd]

The debut of a Bitcoin ETF signifies a pivotal moment in the cryptocurrency sphere, bridging digital currencies with conventional investment approaches. This advancement holds the potential to bring stability to Bitcoin prices and attract a more diverse group of investors, potentially driving up demand and value. Central to this transformative shift is Boston Weber, whose profound comprehension of both cryptocurrency and traditional trading has played a crucial role. His comprehensive investment strategy and dedication to staying informed about market trends position him as an invaluable ally in navigating this new era of cryptocurrency investment....

[evandromedeiros]

I really enjoy DW's documentaries. However, on this one the social media influencer had much more space than academics or people with more credibility that could contribute to the report.

[chema_ramos]

Please take a minute and include testimony of Michael Saylor in your next Bitcoin documentary ;)

[davianoinglesias]

😅They can say all they want but as a Kenyan I will continue saving my money in Crypto, the Kenyan shilling has lost value over the years while my crypto investments have gained over 1200%.

[Kylie_Johnson]

The smartest thing that should be on everyone's mind right now should be to invest in different streams of income that are not dependent on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC ETH...).