IWTW ‘Explore’ is about highlighting different trends around the world and presenting audiences with both sides of the story in order to facilitate a better understanding of world issues and decision making in the spheres of the economy, society, environment, technology and politics.
What is it about?
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.
Why should I watch it?
- More than 435K views since 7 feb 2024
- More than 7K likes
Full episode (by DW documentaries)
IWTW note: The opinions in the video don’t necessarily represent those of IWTW. The goal of IWTW ‘Explore’ is to inform its audience about interesting developments around the world through a selection of short and long documentaries. IWTW considers those documentaries to be great starting points for further discussion. I strive to update the selection of content should ‘better’ documentaries emerge over time.