Magic Money: The Bitcoin Revolution (2017)

Magic Money: The Bitcoin Revolution (2017). Magic Money: The Bitcoin Revolution: Directed by Tim Delmastro. With Jeff Berwick, Trace Mayer, Tone Vays, Roger Ver. Magic Money is a documentary film which explores the mysterious origins of Bitcoin, its role in society, and how it could shape the future of our world.

“One thing that they donu0026#39;t tell you is most countries will let you purchase bitcoin off an exchange but wont let you sell on exchanges for your local currency, if you want to sell your bitcoin you need to find a private buyer. nAlso transaction fees are heavy any time you move bitcoin because the exchange you use to purchase the bitcoin also charges a fee. u003cbr/u003eu003cbr/u003eSo if you want to pull large amounts of bitcoin off your exchange wallet and place them in a more secure u0026quot;hardwalletu0026quot; for offline storage you get fees for moving off exchange and also fees for placing in hardwallet. Bitcoin can take up to 3 hours for transactions to complete they say bitcoin cash and some of these other u0026quot;forked tokensu0026quot; are going to be faster but what does that mean for bitcoin will itu0026#39;s token become more valuable because it functions better?n How will your government be able to tax it because Iu0026#39;m pretty sure a tax system they mentioned in the film where you choose if you wanna pay or not is about as realistic as Santa Claus.”