Bitcoin was featured in an episode of Inside Man by Morgan Spurlock.Morgan began his bitcoin journey at the Bitcoin Center in New York City, where he listened to a speech by Andreas Antonopoulos.
He was so inspired by the speech that Morgan bought bitcoins worth $630.Andreas Antonopoulos said, “This is the third wave of the internet. The first wave was websites, the second was social interaction – you now have the possibility of exchanging value – creating real economic infrastructure all on the internet.”He left the hub and prepared to start living on the digital currency. The best thing about the episode is that it explains everything in details for those who are new to bitcoin.
Morgan bought a slice of Pizza and groceries with bitcoins. He also got a relaxing massage at the end of the day with bitcoin. When he returned home, he pondered about how safe the currency is.He talked to a white hat hacker Dan Kaminsky to learn how secure the code really is. Dan assured that bitcoin’s core functionality is great but the metadata could cause problems.
Spurlock explained his experience briefly, “So Far Living in the Bitcoin world has been incredibly simple, but I’d be lying if it didn’t feel kind of surreal.”He then went to Geneva to visit a bitcoin mine. He booked the trip online with bitcoin. At the mine, he helped the crew set up a new rack of bitcoin miners.
Morgan was even paid for his work with bitcoin before left for lunch.He faced some problems as no one in Geneva accepts bitcoin. Bitcoin is still emerging and hasn’t penetrated such small towns yet. Morgan was disappointed.
He then used his bitcoin to buy illegal goods, what bitcoin is most often associated with.FBI agent Chris Tarbell, who is leading the Silk Road investigation, helped him. They got on Tor and checked out the Silk Road 2.0.
Morgan couldn’t purchase any illegal materials he bought a replica Rolex with bitcoin.He attempted to pay some bills with the digital currency later but couldn’t. When he finally found a coffee shop which agreed to take bitcoins, the shop said that he would have to buy food worth minimum $25. So, Morgan bought 10 cups of coffee for him and the crew.The episode discussed volatility in details.
Senator Joe Manchin was seen talking about consumer protection and how criminals use the crypto currency to escape the law.Towards the end of the episode Morgan convinced a local coffee shop to accept bitcoin and invited Andreas Antonopoulos for coffee.They discussed about bitcoin in general. Andreas affirmed that the Bitcoin industry is growing faster than the internet did in its early stage.
Morgan explained that he thinks bitcoin is a great creation but acknowledged that the real game changer is the blockchain, the code behind bitcoin. The episode seemed like a great introduction to bitcoin.
