U.S. Producers Crowdfund Bitcoin for Internet Cash Documentary

The Rise and Rise of Bitcoin Documentary Film

The Internet cash documentary The Rise and Rise of Bitcoin is using the controversial robo-money to complete production.

Bitcoin crowdfunding has been used by U.S. co-producers Daronimax Media and 44th Floor Productions to finance the feature documentary from director Nicholas Mross, being shopped this week at the Hot Docs festival in Toronto by sales agent Ballinran Entertainment.

As the documentary about a computer programmer obsessed by Bitcoin is shot in North America and Japan, part of the film’s budget has been crowd-funded through the crypto-currency and Paypal.

The donations tab on the film’s crowdfunding web site accepts investment from the Bitcoin community, which is then converted into American dollars using a Bitcoin trading exchange.

Read More at HollywoodReporter


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