The show was interesting to see from a lay person's perspective and Morgan is certainly that. He didn't really say anything wrong and did a decent job of simplfying things for the people. He got really excited and giddy when he made his first transaction but the thing is, he didn't really understand why. He made a digital transaction. Woohoo!! Apple Pay, Google Wallet, and dozens of other apps out there will let you do that. He never really touched on, nor understood, what makes Bitcoin different and why it is so cool.
He doesn't seem to understand, or at least talk about, the two biggest selling points that make Bitcoin vastly better for the end user: anonymity and decentralization. He did talk about being able to buy things on Silk Road but that's not what I mean by anonymity. Anonymity gives you the freedom of sending money to someone without fear that your personal identification could be stolen as a result of the transaction and used against you. You can send money to various merchants without some credit card company, or Apple, or Google, or Amazon, tracking every purchase you make and trying to figure out ways to use this personal information. Decentralization also frees you from getting your personal information stolen via a company hack but also prevents the inevitible corruption of centralized control of the currency.
There are, obviously, other benefits to Bitcoin and I think I remember him very quickly mentioning credit card fraud and merchant fees, things that merchants would definitely care about but the end user could not care less about.
I agree, it would be good if he ran the same concept for a show a year or two from now when things have changed some.
Topic: CNN’s Morgan Spurlock ‘Survives on Bitcoin’ for a Week (Read 4303 times)
I wanted to see a full movie length documentary after this. Is The Rise and Rise of Bitcoin still relevant and worth watching?
Yes it's worth watching. A few things are a little dated, but overall, this goes in depth much more into the details:
https://vimeo.com/115481112
Both are good documentaries. Inside Man is like eating a slice of pizza, Rise and Rise is like eating Veal Parmagiana with Broccoli Rabe on the side.
I wanted to see a full movie length documentary after this. Is The Rise and Rise of Bitcoin still relevant and worth watching?
Here you go! New Youtube link for Morgan Spurlock Inside Man:
https://www.youtube.com/watch?v=f6FU-VTMt3Y
https://www.youtube.com/watch?v=f6FU-VTMt3Y
Thanks for the link, ChuckBuck! Just finished watching. Seemed like positive press. I liked it. =)
Me
I'm pretty sure this was one Morgan show exchanged for another in hopes of rebuilding some viewership to CNN (look up the last morgan pierce). This guy (Morgan Spurlock) did a pretty good job and I'm sure CNN took notice of their extra viewers on board tonight. However, during the segment it was shown during the transactions that the BTC price was ~$634ish during the programming element so anyone that checks the price out now is gonna LOL, that was a prob. Andreas got about a minute of face time to work his magic, unfortunately, but was quite good as normal. It was Mt. Gox heavy and ended w/ Sen Manchin's bs about Bitcoin and the unregulated environment surrounding it suggesting that the average person could be wiped out but was open to regulation to keep things legit. However, I've never seen an hour program on network news (albeit a lower viewed show) showcasing Bitcoin for this long.
I was going to look for the Youtube link, but your great summary saved me the time.
Sounds like a good show, especially for people who don't know about BTC.
easy to do .. i've been surviving on bitcoin for years. Haven't had a bank account since 2010!
If that is the case, that is quite impressive! Kudos to you!
It is possible for you in the EU:
https://xapo.com/wallet/
With a Xapo Debit card you can swipe just like you do your regular credit or bank debit card.
easy to do .. i've been surviving on bitcoin for years. Haven't had a bank account since 2010!
If that is the case, that is quite impressive! Kudos to you!
I can confirm that his is a hit with bitcoin plebs. My friends whose are clueless about bitcoin enjoyed it and got interested. They want me to send them bitcoins for free now tho lol.
Sure, send them a few cents using Changetip on Facebook:
https://www.changetip.com/
Great way to get them started...
I can confirm that his is a hit with bitcoin plebs. My friends whose are clueless about bitcoin enjoyed it and got interested. They want me to send them bitcoins for free now tho lol.
Lol. Tell them to keep a lookout for contests and such if they just want free BTC. CryptoInfinity is going to be holding a March Madness Tournement, giving away free Bitcoin to the top 3 scorers if they're into Basketball.
https://cryptoinfinity.com/showthread.php?tid=1190
I'm hoping to get some basketball fans into Bitcoin, just because they can get a prize. Hopefully this will be the year a TON of people learn about Bitcoin and what it is, instead of just associating it with crime like Silk Road or Mt Gox.
I can confirm that his is a hit with bitcoin plebs. My friends whose are clueless about bitcoin enjoyed it and got interested. They want me to send them bitcoins for free now tho lol.
easy to do .. i've been surviving on bitcoin for years. Haven't had a bank account since 2010!
If that is the case, that is quite impressive! Kudos to you!
is not working anymore 
Here you go! New Youtube link for Morgan Spurlock Inside Man:
https://www.youtube.com/watch?v=f6FU-VTMt3Y
Thanks. It's nice to know there's still a working youtube video.
is not working anymore
Here you go! New Youtube link for Morgan Spurlock Inside Man:
https://www.youtube.com/watch?v=f6FU-VTMt3Y
is not working anymore
thank you!
i would guess its more positive than negative.
Anywhere we can see a recording, please send link! Thanks
Excellent show so far!!
Any place online to watch?
Here - http://www.playlivenew.com/2010/08/watch-cnn-news-live/
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