God Bless Bitcoin is a deep dive into the innovative world of cryptocurrency, and specifically Bitcoin, and explores how this digital currency is challenging the old-school financial system and offering new opportunities for communities around the world. Directed by Brian and Kelly Estes, the film unpacks the tech behind Bitcoin, its global impact, and why it’s more than just a passing trend. With interviews from crypto pioneers, financial experts, and everyday users, this doc presents a compelling case for why Bitcoin is shaking up the traditional financial landscape and is the one true blessed currency.
The film kicks off with a clear breakdown of Bitcoin’s origin story and the blockchain tech that makes it tick. It does a pretty good job in making complex concepts like decentralized finance easy to grasp. It’s like a crash course in crypto that doesn’t put you to sleep.
One of the main focuses of the film is on how Bitcoin’s decentralized nature is empowering communities. Unlike fiat currencies controlled by governments and central banks, Bitcoin operates on a peer-to-peer network that’s free from traditional financial gatekeepers. This decentralization means people in underbanked or economically unstable regions can access financial services without relying on unreliable or corrupt institutions. The film highlights real-world stories of individuals and communities who have used Bitcoin to create economic stability and financial inclusion where traditional systems have failed them, such as in the case of refugees coming from destabilized countries (ex. Ukraine) or escaping from financial corrupt countries that aim to seize resources from people. Under Bitcoin, they maintain total freedom of the ownership of their money.
The documentary doesn’t shy away from critiquing the fiat currency system, highlighting its flaws and the ways government control can lead to economic instability. It paints a vivid picture of how traditional financial systems, often plagued by corruption and mismanagement, can undermine people’s trust and economic security. An example of this is the truckers convoy in Canada and how, even though no crime was committed and their actions were not illegal, accounts of all these truckers were frozen anyways. These moments demonstrate the total control (and lack of control) that you have over your money as a fiat. Through personal anecdotes and expert interviews, the film underscores even more how fiat currencies are susceptible to inflation, devaluation, and the whims of political agendas, making a strong case for why a decentralized alternative like Bitcoin is not just a nice-to-have but a necessity for economic resilience.
Another standout segments in the doc explores how Bitcoin is helping people in crisis zones, where hyperinflation or unstable governments have rendered local currencies practically worthless. By providing a stable and secure alternative, Bitcoin is offering these communities a lifeline. The film also dives into how Bitcoin can support entrepreneurship and local economies by giving people control over their own finances and reducing reliance on unstable fiat currencies. This inflation, of course, has affected people on an international level due to the USD and the world reserve currency being hyper-inflated during COVID.
One of the most interesting points the film takes is a critical look at the ethical morality of traditional fiat currency such as the U.S. dollar and its role in global conflicts. Traditional currencies, particularly the U.S. dollar, are often used to fund military operations and wars. The documentary underscores how this can lead to morally questionable situations where financial resources are directed towards conflict rather than humanitarian needs. By contrast, Bitcoin’s decentralized nature means it’s not directly tied to any government’s military or political agendas and also can’t be printed to fund wars at their leisure. This separation helps avoid the ethical dilemmas associated with traditional fiat currencies, offering a more neutral and ethical financial alternative due to it not being possible to manipulate by printing more supply or less. Bitcoin’s blockchain technology also ensures transparency and immutability, making it a highly secure and open system. Many religious teachings value honesty and integrity, and Bitcoin’s transparent ledger can be seen as a modern reflection of these values. Unlike traditional financial systems, where transactions which are not public to view and again susceptible to manipulation.
God Bless Bitcoin is a must-watch for anyone curious about how Bitcoin is reshaping the financial world. It’s an eye-opener on how a decentralized currency can offer real solutions to communities left behind by traditional financial systems. Whether you’re a crypto-newbie or a seasoned investor, the film provides valuable insights into why Bitcoin matters and how it’s making waves in the fight against economic instability and government control. It’s not just about tech, it’s about empowerment, innovation, and a new way of owning and thinking about money.
God Bless Bitcoin is available to stream for free online here on Tuesday, July 23rd, 2024.
