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Blockchain Films

Magic Money: The Bitcoin Revolution

Tim Delmastro's 2017 hour-long argument that Bitcoin is a peaceful answer to the failures of state-issued money.

A 2017 documentary in the same broad lane as End of the Road and Princes of the Yen — that is, a film that uses Bitcoin as the closing chapter of a much longer argument about the failures of central banking. Delmastro interviews a small cast of libertarian-aligned crypto voices (Trace Mayer, Tone Vays, Roger Ver, Jeff Berwick) and walks through the gold standard, the Federal Reserve, the 2008 crisis, and Bitcoin as the apparent escape hatch.

Who it's for

Viewers sympathetic to a sound-money worldview who want a short, watchable, politically aligned introduction. Useful as the documentary version of a Bitcoin Standard pitch — the argument is the same, the cast is in the same intellectual neighborhood, and the runtime is roughly that of a podcast episode.

What it does well

The film keeps it tight. At under an hour, it covers a lot of ground — fractional reserve banking, fiat money, hyperinflation case studies, Bitcoin's deflationary supply curve — without lingering. The interviews are competently shot and the participants are articulate, even when you disagree with them. As a way of meeting the Austrian-economics-meets-Bitcoin crowd on their own terms in 55 minutes, it works.

The framing of Bitcoin as a peaceful, opt-in alternative rather than a confrontational revolution is also unusually clear. Whatever you think of the underlying argument, the film makes it without bombast.

Where it falls short

The film is one-sided by design. There is essentially no critique of Bitcoin, no engagement with Keynesian or mainstream economic arguments, and no acknowledgment of the messier on-the-ground realities — exchange failures, custodial risk, scam ecosystems. If you came in skeptical you'll leave the same way; the film isn't really aimed at you.

Roger Ver's prominence has aged interestingly: he would shortly become the chief proponent of Bitcoin Cash and a polarising figure in the block-size war, and the film's affectionate framing of him doesn't include any of that. The lineup also reflects a very specific 2017 corner of the Bitcoin world; you won't get any sense of the wider research, exchange, or developer community. Watchable, partisan, and best paired with a more critical companion piece.

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