Bitcoin Goes Hollywood - Movies Coming Up

Bitcoin heads for Hollywood. The Indie movie ‘Bitcoin’ will be the first comedy about cryptocurrency.

No bubble can be complete without a move. And here we are: Hollywood Gears Up for ‘Bitcoin’ Movies.

Hollywood is jumping on the Bitcoin bandwagon.

Filmmaker Christian Cashmir is in pre-production for his feature film debut, “Bitcoin,” a comedy about two down-and-out brothers in Arizona who stumble across a Bitcoin wallet worth $20 million and try to sell it on the black market. “Bitcoin” is produced by up-and-coming indie producer Lauren Cribb and has TV comedian Theo Von attached to star.

“The plan is to start shooting the film in the last week of April in New Mexico,” Cashmir told MarketWatch. “But then two weeks ago Bitcoin went up to $19,000 and I thought maybe we should think about going into production faster.”

The "Big Short" was produced after the crash. This marks a change. So expect more movies.

Mike "Mish" Shedlock

Comments (16)
No. 1-16
johnfolger
johnfolger

will they take bitcoin for the tickets?

SweetKenny
SweetKenny

So does that mean the two brothers actually redeem the Bitcoins?

TheLege
TheLege

That's a good point: if you owned $1bn of Bitcoin, just how easy would it be to just 'cash out'.

TheLege
TheLege

Not very, I would say ..

TheLege
TheLege

Even with a functioning futures market ..

Taunton
Taunton

I'm with TheLege on this one. I still don't consider bitcoin to be money in the truest sense because it's not a functioning medium of exchange yet (try using bitcoin to buy anything, anywhere) and until either

a. There is a liquid and broad enough market for bitcoin and btc futures that no transaction is large enough to cause a noticeable dip in prices, as there is always a buyer and always a seller no matter what, or

b. BTC is accepted in enough places that one wouldn't even WANT to cash out.

It isn't money. As it stands right now, you could be a multimillionaire or even billionaire in bitcoin terms, but good luck turning that into usable value, as the price of bitcoin would likely plummet in that scenario. In this sense, bitcoin has far more in common with rare metals and risky equities in a purely investment class sense, as you have wild swings in price, a shallow market that sometimes leaves you without a buyer at times if you're trying to sell, and inability to convert it into value on the fly -- the very definitions of illiquidity. Something can't be both money and illiquid at the same time.

SweetKenny
SweetKenny

I suspect there are a lot of millionaires waiting for Bitcoin to become liquid enough to cash out - the constant promotion is serving a purpose.

RonJ
RonJ

Big Bang Theory had Bitcoin episode.

ReadyKilowatt
ReadyKilowatt

Fingers crossed hoping they can get Penn Jillette to play the sysadmin at Mt. Gox:
https://www.youtube.com/watch?v=b2OYNMO_mNw

effendi
effendi

Will the Bitcoin comedy movie turn into a tragedy or a farce? Bitcoin will only be money when you can pay your taxes with it or lodge your tax filings denominated in Bitcoin.

EvilWizard
EvilWizard

Been there done that

EvilWizard
EvilWizard

Sorry was going to link to this Bitcoin Heist (2016),"Hackers have become the bank robbers in the new world of crypto-currency. In order to catch the most wanted hacker, "The Ghost", an Interpol special agent assembles a team of thieves to plan the ultimate heist. But as any good criminal knows, there is no honor among thieves."

EvilWizard
EvilWizard
dulevot
dulevot

Whenever you go to a particular variety store to buy notebooks for your kids or cleaning supplies, you don’t really choose that particular store for their products