The Truth Behind Cuba’s Bitcoin Revolution: Video

The documentary provides a direct account of how Cubans are using Bitcoin to navigate difficult financial scenarios, bring in new services and save cash in a censorship-heavy environment.Journalist and Bitcoin enthusiast Joe Hall embarked on the journey to Cuba, identified to witness and capture the “Bitcoin transformation” that got prominence in Alex Gladsteins book Check Your Financial Privilege. Gladstein explains how Cubans have harnessed Bitcoins stateless, low-fee nature to escape financial injustice and secure their savings.The documentary explores how Bitcoin has actually taken root in the Cuban monetary landscape, brought to life through interviews and interactions with Cubans, as well as the co-founders of the “Cuba Bitcoin” community– Forte, Catrya and Bitalion (not their real names). It likewise highlights the efforts of the modest Cuba Bitcoin community, who spend their time informing and propagating the concepts of Bitcoin to Cubans in an environment where the repercussions of their actions are uncertain.Ultimately, as Bitcoin continues to acquire traction in Cuba, it stays to be seen how the government will respond to the emergence of a parallel monetary system.

The documentary provides a direct account of how Cubans are using Bitcoin to navigate challenging economic situations, save and draw in brand-new organizations cash in a censorship-heavy environment.Journalist and Bitcoin lover Joe Hall embarked on the journey to Cuba, figured out to witness and record the “Bitcoin revolution” that gained prominence in Alex Gladsteins book Check Your Financial Privilege. Gladstein explains how Cubans have harnessed Bitcoins stateless, low-fee nature to get away monetary injustice and protect their savings.The documentary explores how Bitcoin has actually taken root in the Cuban financial landscape, brought to life through interviews and interactions with Cubans, as well as the co-founders of the “Cuba Bitcoin” neighborhood– Forte, Catrya and Bitalion (not their genuine names). It likewise highlights the efforts of the humble Cuba Bitcoin neighborhood, who invest their time informing and propagating the concepts of Bitcoin to Cubans in an environment where the repercussions of their actions are uncertain.Ultimately, as Bitcoin continues to gain traction in Cuba, it remains to be seen how the federal government will respond to the emergence of a parallel monetary system.