Banking On Bitcoin Aac5 1 (2016) Subtitles

At 00:00:02,000, Character said: Downloaded from
YTS.MX

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At 00:00:08,000, Character said: Official YIFY movies site:
YTS.MX

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At 00:00:28,396, Character said: [MUSIC PLAYING]

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At 00:00:52,186, Character said: I REALLY LIKE IT
DOWN HERE.

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At 00:00:53,654, Character said: I LIVE LITERALLY RIGHT BY
THE WORLD TRADE CENTER.

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At 00:00:55,556, Character said: I WALK HOME.
I LIVE ABOVE IT, ACTUALLY.

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At 00:01:02,563, Character said: MY ANKLE BRACELET.

8
At 00:01:05,299, Character said: TELLS THE GOVERNMENT
WHERE I **

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At 00:01:06,900, Character said: EVERY SECOND OF THE DAY,

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At 00:01:09,837, Character said: ANY TIME OF THE DAY.

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At 00:01:11,639, Character said: BUT IT'S GONNA COME OFF
WHEN I GO TO PRISON, I THINK.

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At 00:01:14,708, Character said: I MEAN, I DON'T THINK
I'M WEARING THIS IN PRISON,
SO...

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At 00:01:17,178, Character said: THAT'S WHAT
THE PLAN IS FOR THAT.

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At 00:01:20,348, Character said: [MUSIC PLAYING]

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At 00:01:42,270, Character said: [BRIAN WILLIAMS]
CLOSING NUMBERS
ON THE MARKETS TODAY,

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At 00:01:45,606, Character said: AT ONE POINT, THE MARKET
FELL AS IF DOWN A WELL.

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At 00:01:49,877, Character said: [NEWSCASTER]
IT WAS AN HISTORIC DAY,

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At 00:01:51,445, Character said: WITH WALL STREET SHAKEN
TO ITS VERY FOUNDATION.

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At 00:01:54,482, Character said: AND EVEN THE HEALTH
OF THE MOST TRUSTED FIRMS

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At 00:01:57,585, Character said: ARE NOW BEING
CALLED INTO QUESTION.

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At 00:01:59,387, Character said: [RAND PAUL]
WE HAVE FORMER
SECRETARIES OF TREASURY

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At 00:02:01,922, Character said: WHO GO FROM GOVERNMENT
TO WALL STREET

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At 00:02:03,857, Character said: POCKETING HUNDREDS
OF MILLIONS OF DOLLARS.

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At 00:02:08,762, Character said: [ERIK VOORHEES]
IN 2008, I BECAME
SOMEWHAT OBSESSED

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At 00:02:10,931, Character said: WITH THE ROLE
THAT MONEY ITSELF PLAYED
IN THE CRISIS

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At 00:02:15,269, Character said: AND THE ROLE THAT GOVERNMENTS
AND BANKS PLAYED IN MONEY,

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At 00:02:17,405, Character said: AND WHY WAS IT
THAT OUR MONEY WAS CONTROLLED
BY CENTRAL BANKS?

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At 00:02:23,577, Character said: [GAVIN ANDRESEN]
IF SOMETHING NEW HAPPENS,

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At 00:02:25,313, Character said: IS THE GOVERNMENT
LIKELY TO GIVE IT A NOD

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At 00:02:27,948, Character said: OR AT LEAST IGNORE IT FOR A
WHILE, OR IS THE GOVERNMENT

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At 00:02:29,950, Character said: LIKELY TO COME DOWN
AND TRY TO CRUSH IT

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At 00:02:31,685, Character said: BECAUSE THEY'RE AFRAID
OF ANYTHING NEW AND DIFFERENT?

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At 00:02:35,856, Character said: [NICK SPANOS]
THIS IS A MONETARY
REVOLUTION.

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At 00:02:39,760, Character said: BITCOIN IS
THE HONEST CURRENCY.

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At 00:03:06,354, Character said: [QUIET CHATTER]

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At 00:03:09,523, Character said: [NANCY CANNUCCIARI]
OKAY, THIS PAST WEEK

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At 00:03:10,691, Character said: WE'VE BEEN TALKING
ABOUT MONEY.

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At 00:03:13,026, Character said: I'M GONNA ASK EVERYBODY
WHAT YOU THINK MONEY IS.

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At 00:03:15,763, Character said: CAN YOU GIVE ME
SOME ANSWERS NOW?

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At 00:03:17,865, Character said: MONEY IS, LIKE, PAPER

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At 00:03:21,702, Character said: AND YOU CAN, LIKE,
BUY STUFF WITH IT.

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At 00:03:23,837, Character said: SO YOU HAVE TO HAVE, LIKE,
FOUR QUARTERS FOR A DOLLAR.

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At 00:03:26,940, Character said: YOU NEED MONEY TO BUY
YOUR HOUSE, LIKE, FOOD,

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At 00:03:30,010, Character said: WATER, OXYGEN--
NOT OXYGEN.

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At 00:03:35,783, Character said: [PAUL VIGNA]
MONEY IS BASICALLY JUST
AN ACCOUNTING SYSTEM.

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At 00:03:38,552, Character said: IT IS A WAY OF RECORDING
WHO OWNS WHAT,

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At 00:03:41,489, Character said: WHO HAS WHAT,
WHO OWES WHAT TO WHOM.

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At 00:03:43,857, Character said: THAT IS ALL MONEY REALLY IS.

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At 00:03:46,594, Character said: AND YOU NEEDED SOMEBODY

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At 00:03:48,896, Character said: WHO COULD STAND AS
THE CENTRAL ISSUER,

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At 00:03:50,998, Character said: SOMEBODY WHO WAS
THE TRUSTED THIRD PARTY,

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At 00:03:53,434, Character said: SOMEONE WHO COULD GUARANTEE
THAT THE MONEY WAS REAL.

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At 00:03:56,770, Character said: AND FOR
HUNDREDS OF YEARS NOW,

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At 00:03:58,472, Character said: WE HAVE HAD
GOVERNMENTS ISSUE MONEY.

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At 00:04:00,741, Character said: AGAIN, MONEY IS JUST
AN ACCOUNTING SYSTEM.

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At 00:04:03,977, Character said: THAT'S WHAT BITCOIN IS.

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At 00:04:05,579, Character said: BITCOIN IS REALLY JUST
AN ACCOUNTING SYSTEM.

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At 00:04:07,315, Character said: IT IS A WAY OF
RECORDING TRANSACTIONS,

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At 00:04:09,983, Character said: RECORDING VALUE,

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At 00:04:11,585, Character said: AND IT DOES IT DIGITALLY,

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At 00:04:12,920, Character said: SO YOU AND I CAN SEND IT
TO EACH OTHER DIRECTLY,

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At 00:04:14,822, Character said: AND EVERYTHING IS RECORDED
IN THE OPEN LEDGER.

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At 00:04:17,558, Character said: [MICHAEL CASEY]
BY MONITORING AND
UPDATING THAT LEDGER,

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At 00:04:20,661, Character said: IN A COLLECTIVE,
CONSENSUS-BASED SYSTEM,

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At 00:04:23,564, Character said: YOU DO AWAY WITH THE NEED

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At 00:04:25,032, Character said: FOR SOMEBODY IN THE MIDDLE
HAVING TO BE

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At 00:04:26,934, Character said: THAT SORT OF REPOSITORY
OF ALL THE INFORMATION.

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At 00:04:29,102, Character said: AND THAT'S WHAT GETS AWAY
FROM THE FEES,

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At 00:04:31,839, Character said: THE INEFFICIENCIES,

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At 00:04:33,541, Character said: AND ULTIMATELY THE POTENTIAL
FOR CORRUPTION AND RISK

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At 00:04:36,944, Character said: THAT COME WITH CENTRALIZING
INFORMATION IN THAT WAY.

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At 00:04:42,450, Character said: [VIGNA]
WHAT IT DOES IS IT TAKES

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At 00:04:43,784, Character said: THAT TRUSTED
THIRD PARTY FUNCTION

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At 00:04:46,554, Character said: AND IT AUTOMATES IT.

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At 00:04:48,356, Character said: IT PUTS IT
INTO AN OPEN LEDGER
THAT IS PUT ONLINE

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At 00:04:51,625, Character said: THAT IS THERE
FOR ANYBODY TO SEE,

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At 00:04:53,561, Character said: SO THAT EVERY BITCOIN
IS ACCOUNTED FOR,

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At 00:04:56,129, Character said: SO THAT YOU KNOW
THAT YOU'RE NOT GETTING
A COUNTERFEIT BITCOIN.

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At 00:04:59,833, Character said: [NATHANIEL POPPER]
IT'S KIND OF REMARKABLE
THAT THIS IDEA OF BITCOIN

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At 00:05:02,803, Character said: WAS LAUNCHED
JUST A FEW WEEKS

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At 00:05:04,838, Character said: AFTER LEHMAN BROTHERS
WENT BANKRUPT

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At 00:05:07,475, Character said: AND THE WHOLE SYSTEM
NEARLY COLLAPSED.

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At 00:05:10,077, Character said: AND THE PROBLEMS
THAT CROPPED UP IN THE CRISIS

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At 00:05:14,114, Character said: WERE VERY MUCH
A PART OF THE WRITINGS
OF SATOSHI NAKAMOTO.

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At 00:05:18,552, Character said: I THINK WHAT THE CRISIS
SHOWED IS THAT

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At 00:05:20,688, Character said: THE EXISTING SYSTEM
HAD SOME MAJOR FLAWS.

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At 00:05:24,425, Character said: IT WASN'T WORKING
AND PEOPLE WERE HUNGRY

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At 00:05:27,094, Character said: FOR SOME SORT
OF ALTERNATIVE.

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At 00:05:36,504, Character said: [VOORHEES]
I DISCOVERED BITCOIN'S POWER

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At 00:05:37,871, Character said: WHEN I UNDERSTOOD
FOR THE FIRST TIME

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At 00:05:39,773, Character said: THAT IT WAS NOT CONTROLLED

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At 00:05:41,108, Character said: BY A CENTRAL COMPANY
OR A CENTRAL PERSON.

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At 00:05:43,143, Character said: BECAUSE I KNEW THAT MEANT
IT COULDN'T BE SHUT DOWN.

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At 00:05:45,513, Character said: AND IF IT CAN'T
GET SHUT DOWN,

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At 00:05:47,147, Character said: ALL IT NEEDS IS
TO DO SOMETHING USEFUL,

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At 00:05:49,517, Character said: AND IT WILL BECOME
MORE AND MORE ADOPTED

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At 00:05:51,519, Character said: AND AS THE VALUE GROWS,
PEOPLE WILL FIND

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At 00:05:52,820, Character said: MORE AND MORE USES FOR IT.

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At 00:05:54,622, Character said: [SPANOS]
THE BEAUTY OF BITCOIN IS,

100
At 00:05:56,490, Character said: IT'S EASILY TRANSFERRABLE,
IT'S ANONYMOUS.

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At 00:05:58,626, Character said: AND BY 2140
THERE'S GONNA BE 21 MILLION,

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At 00:06:01,929, Character said: AND THAT'S THE CAP.

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At 00:06:03,096, Character said: THERE'S ONLY
X AMOUNT OF GOLD.

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At 00:06:06,033, Character said: THERE'S ONLY X AMOUNT
OF BITCOIN.

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At 00:06:08,869, Character said: [ANDRESEN]
BEFORE, IF YOU WANTED
TO SEND

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At 00:06:10,938, Character said: SOMETHING OF VALUE
ACROSS THE INTERNET,

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At 00:06:12,873, Character said: YOU HAD TO GET
SOMEBODY ELSE INVOLVED.

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At 00:06:14,808, Character said: YOU HAD TO HAVE
A CREDIT CARD COMPANY

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At 00:06:16,810, Character said: OR PAYPAL,
OR MAYBE A BANK

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At 00:06:19,913, Character said: INVOLVED
IN THE TRANSACTION.

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At 00:06:21,849, Character said: THE PROMISE OF BITCOIN
IS THAT

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At 00:06:23,684, Character said: YOU'RE DIRECTLY SENDING
THIS CURRENCY TO ANOTHER PERSON

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At 00:06:28,489, Character said: AND THEN
THE BITCOIN NETWORK

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At 00:06:30,458, Character said: PERFORMS THE FUNCTION
THAT NORMALLY PAYPAL

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At 00:06:32,760, Character said: OR A BANK OR
YOUR CREDIT CARD COMPANY
WOULD PERFORM.

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At 00:06:35,796, Character said: BITCOIN REALLY
PUTS THE CONTROL BACK
IN THE HANDS OF EVERYBODY.

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At 00:06:39,467, Character said: EVERYBODY WHO'S PARTICIPATING
IN THE BITCOIN SYSTEM

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At 00:06:41,969, Character said: IS CONTROLLING
HOW IT WORKS.

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At 00:06:51,945, Character said: [JEFFERY TUCKER]
IF YOU WANT TO LOOK
FOR THE GENESIS

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At 00:06:53,781, Character said: OF CRYPTOCURRENCY,
IT WAS THE CYPHERPUNK
MOVEMENT,

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At 00:06:56,717, Character said: YOU KNOW, GROWING OUT
OF A KIND OF A LOVE
OF THE INTERNET

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At 00:06:58,886, Character said: AND ITS POSSIBILITIES.

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At 00:07:00,521, Character said: THE DISCOVERING
OF CRYPTOGRAPHY AND IMAGINING

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At 00:07:03,090, Character said: THAT YOU COULD GIVE BIRTH
TO A NEW WORLD, REALLY,

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At 00:07:07,861, Character said: OUT OF THE INTERNET.

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At 00:07:09,730, Character said: A WORLD THAT LIVES OUTSIDE
OF THE NATION-STATE,

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At 00:07:11,799, Character said: AND OUTSIDE THE STRUCTURES
OF POWER AND THE HIERARCHIES

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At 00:07:14,167, Character said: THAT ARE ASSOCIATED
WITH THAT.

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At 00:07:15,969, Character said: [ALEX WINTER]
THESE PEOPLE HAD TALKED
ABOUT THE NEED

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At 00:07:18,171, Character said: AND THE POSSIBILITY
FOR A DIGITAL CURRENCY

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At 00:07:20,541, Character said: THAT WAS ANONYMOUS
OR COULD BE ANONYMIZED,

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At 00:07:22,510, Character said: USING CRYPTOGRAPHY.

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At 00:07:24,144, Character said: THE CYPHERPUNKS THAT EMERGED
IN THE EARLY '90S

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At 00:07:26,814, Character said: WERE HYPER-CONCERNED
ABOUT PRIVACY,

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At 00:07:29,950, Character said: ABOUT PERSONAL LIBERTY,

136...