Review: Documentary Film - Monero Means Money

Published at: May 16, 2020

You may recall that an independent film about Monero recently topped the United States box-office charts, with gross sales of just $3430, mainly thanks to the mass closure of cinemas during the COVID-19 pandemic.

The film’s producer, Justin Ehrenhofer, recently got in touch with Cointelegraph to let us know that Monero Means Money is now available to stream for free on YouTube — so we decided to review it.

Elephant in the room

Let’s get this out of the way first. Monero Means Money is not a documentary film in the traditional (or perhaps any other) sense of the term.

Following the obligatory disclaimer, we are treated to a pleasant enough credits sequence, segueing into around a minute of archive footage from a 1978 National Geographic film explaining the collapse of the gold standard.

After that you are basically just watching a lecture promoting Monero given by Dr Daniel Kim at the end of 2019. It is shot from one angle, with the accompanying slides overlaid.

Sure, there are two more short archive clips, one discussing a new-born baby’s right to privacy and one about money’s value depending on trust in government, but essentially this is like a TED-talk without the production values… or the objectivity.

Cool idea, but poor implementation

“But Jack,” I virtually hear you say. “Surely that wasn’t the point?” And you’d be right.

After seeing the desperately low box-office figures at the start of lockdown, Ehrenhofer deliberately set out to see if he could top the charts with a hastily constructed film about his passion, Monero.

This is a highly commendable goal, and he achieved it, along with the column inches (including the ones you are now reading) of coverage he got for Monero. So in those terms he has scored a big success.

I just wish he’d put a little bit more effort in.

Technically, it should be mightily impressive to take a film from conception to premiere in just one week. But this is literally just a lecture, top and tailed with credits and with a few archive clips added. With today’s digital projection technologies in theatres, what is presented here could have been premiered the next day.

In a week he could surely have re-recorded the presentation... or at least edited it to remove Kim’s verbal stumbles and asides to the audience… or perhaps even just highlighted parts of the accompanying slides when Kim does.

The verdict

So should you watch it?

If you are already interested in Monero then it is unlikely to teach you anything new... but you’ll probably still want to see it for the prestige of a “film” about Monero topping the U.S. Box Office.

If you don’t know much about Monero then this is informative, but then so is the internet and you won’t need to spend 80 minutes watching it… 

Of course, there is still the novelty value of watching a crypto film which topped the charts. Ehrenhofer certainly deserves some respect for that. And in some ways, not trying very hard makes it even cooler.

All proceeds from the theatrical release went back to the theatres which screened it, which was also a noble gesture.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Tags
Related Posts
Top 5 Crypto Performers: NEO, LTC, BTC, ETH, XMR
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total market capitalization of cryptocurrencies had come scaringly close to breaking down below the $100 billion mark in mid-December of last year. At that time, sentiment was very weak and every rally was being sold on. There were talks of cryptocurrencies never seeing their lifetime highs again. However, fast forward seven months …
Bitcoin / June 16, 2019
Open-Source Club: Monero Dodges Yet Another Attack With Community’s Help
This week, the developers of Monero (XMR) patched a bug that could allow an attacker to ‘burn’ the funds of an organization’s wallet. The breach was initially revealed by a community member, and XMR developers were quick enough to fix it before any damage was done. Anonymity above all: How Monero works Simply put, Monero (XMR) is a cryptocurrency like Bitcoin (BTC), but with an additional focus on anonymity. It was established in 2014, when bitcointalk.org user thankful_for_today forked the codebase of Bytecoin into the name BitMonero. To establish the new coin, he used ideas that were first outlined in …
Altcoin / Sept. 28, 2018
Government Sites in India Among Prime Targets for Cryptojacking, Research Shows
Official government websites have become a prime target for cryptojacking in India, The Economic Times (ET) reports today, September 17. Cryptojacking is the practice of infecting a target with malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. New research from cybersecurity analysts reportedly reveals that widely trusted government websites – including those of the director of the municipal administration of Andhra Pradesh, Tirupati Municipal Corporation and Macherla municipality – have become the latest to be exploited by the practice. Security Researcher Indrajeet Bhuyan told ET that: “Hackers target government websites for …
Altcoin / Sept. 17, 2018
Hacked Crypto Exchange Coincheck Confirms Removal of Four Anonymity-Focused Altcoins
Recently hacked Japanese crypto exchange Coincheck will end trading for four privacy-oriented cryptocurrencies, Monero (XMR), Zcash (ZEC), Dash (DASH), and Augur (REP), Cointelegraph Japan reported May 18. Following reports from back in March, the exchange has now officially confirmed the removal of the four anonymity-focused coins will come into effect June 18. According to Coincheck’s blog, the exchange will remove the four cryptocurrencies to comply with counter-terrorist financing (CFT) and anti-money laundering (AML) measures recently issued by Japan’s financial regulator, the Financial Services Agency (FSA). The FSA has been especially active in regulating domestic crypto exchanges, specifically around customer protection, …
United States / May 20, 2018
BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns
Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR) can selectively utilize anonymity features among projects. This feature of XMR is a subject to end of transaction support. The decision was made to block the possibility of money laundering and inflow from external networks.” On Nov. 29, the exchange will already stop accepting XMR deposits. Due to the upcoming Monero blockchain fork, XMR withdrawals will not be possible from …
Regulation / Nov. 26, 2019