Banking on Africa: The Bitcoin Revolution

You won't learn much about the technology of the Bitcoin protocol in this film (as other reviewers have mentioned, other documentaries like 'Banking on Bitcoin' (2016) are better fit for that, or watch Andreas Antonopoulos' educational Bitcoin videos on Youtube), but it is great to get an insight on how Bitcoin can actually help real people out there to improve their lives - people who often don't have access to banking, or have been gradually dispossessed by the state. With Bitcoin, they are in full control of their money, and can transfer it borderless, uncensorable, and unstoppable. They can receive money from overseas with little or no (Lightning Network) cost.

It also introduces us to a few great individuals who are engaged in educating their fellow countrymen about Bitcoin and it's value propositions to improve their lives and to help them avoid falling for the various scams and failures in the 'crypto' space (like pyramid schemes or so-called 'altcoins'). They are good examples of the Bitcoin community, which is dedicated to hold up Bitcoin's fundamental values like liberty, freedom, property rights and helping everyone who is genuinely willing to learn.

Pretty much the only critique I have is the narrator - hard to understand, sounding annoyed. Maybe an altcoiner (insider joke). ;-)

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The documentary represents a hopeful but one-sided view on bitcoin and the supposed impact on the African continent. Only the possible positive impacts are strongly underlined without representing the problems and shortcomings of the technology itself. As of this day not one large-scale blockchain solution has been able to resolve real-world problems, despite massive investments. The slowness of the network and the excessive energy demands are real blocking problems and are not addressed. Other already existing payment systems that do work like M-Pensa are not mentioned either.

I would like to participate in the optimism of some of the people in this documentary, but reality is telling us a different story.

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Definitely helped simplify and dymisitfy crypto currency and the issues that surround it. Informative, awareness expanding and great story telling. Incredible work putting everything together!