The Bitcoin Experiment / Java (Firm).

Following the global economic crisis, more and more people are questioning the way global markets function. Some are turning to decentralized payment systems like bitcoin in an attempt to regain control of the economy. But what is bitcoin? How will it impact the way we do business and can bitcoin re...

Full description

Bibliographic Details
Uniform Title:Films on Demand.
Corporate Authors: Infobase (Film distributor)
Java (Firm)
Language:English
Language of the Original:
English
Language and/or Writing System:
Closed-captioned.
Published: [Place of publication not identified] : Java (Firm), [2015]
Series:Films on Demand.
Subjects:
Bitcoin.
Electronic funds transfers.
Money.
Internet videos.
Genre:
Internet videos.
Online Access:
Connect to online resource - MSU authorized users (Films On Demand @ Infobase)
Physical Description:1 online resource (1 video file (39 min., 59 sec.)) : sound, color.
Format: Electronic Video
Description
Summary:
Following the global economic crisis, more and more people are questioning the way global markets function. Some are turning to decentralized payment systems like bitcoin in an attempt to regain control of the economy. But what is bitcoin? How will it impact the way we do business and can bitcoin really challenge the banks' monopoly and democratize society? Since 2009, the value of the bitcoin has varied by several million per cent. The currency has been linked with criminal networks and shady business. But despite the warnings, bitcoin has gone from obscure program to billion industries. Currently there are about 100,000 Bitcoin transactions per day. In comparison, Visa alone has 4,000 transactions per second. This has led people to question if the system will work on a large scale. Amund Sjølie Sveen takes us on a road trip across Scandinavia to learn more about bitcoin blockchains and digital currencies. Along the way he seeks out environments and meets people who have a relationship with Bitcoin, as users, lawyers, government officials, enthusiasts and sceptics.
Note:Originally released by Java (Firm), 2015.
Streaming video file encoded with permission for digital streaming by Infobase on June 07, 2016.
Interest Grade Level:
9 & up.
System Details:Streaming video file.
System requirements: FOD playback platform.
Source of Description:
Title from distributor's description (Infobase, July 16, 2016)