Submission + - Documentary Film Aims To Dispell The Mysteries/Claims Of Blockchain Technology (youtube.com)
The film, which is currently making the rounds at various film festivals, has recently been released online in its entirety on YouTube. In it, Smith, who goes by the alias, "American Scream" explains what blockchain is in layman's terms, how it relates to conventional databases and tech, and how the crypto industry seems more dependent upon coercive psychology, than innovation. The film addresses a wide variety of topics including, "Is blockchain disruptive?", "Is de-centralization even worthwhile?", and explains the how and why tokens, mining, and other blockchain-based elements like smart contracts and NFTs operate.
In the second half of the film, Smith goes into specific claims and scenarios such as, "Is blockchain really immutable?" and "Can blockchain verify authenticity?" identifying common issues like "The Oracle problem" and whether arguments like, "Crypto helps bank the unbanked" and "Crypto is digital gold" really make sense?
John Reed Stark, former Chief of the SEC Office of Internet Enforcement called Smith one of his favorite technologists and that the film was "spot on" in its characterization of the technology.
Watch the full documentary here.