The use of cryptocurrencies, its image and its evolution in films

Résumé : 

This article analyzes the use of cryptocurrency in films, focusing on recurring themes, the pros and cons of this depiction, and the impact of this depiction on general public perception. Examples of films that use cryptocurrency as a main theme, plot element, or setting element are explored. Recurring themes include crime, speculation, technology and power. The benefits include raising awareness of blockchain technology and highlighting positive uses of cryptocurrency, while the downsides can include promoting negative stereotypes and glorifying illegal behavior. Ultimately, the depiction of cryptocurrency in films may impact the general public's perception, which may vary depending on the context and message conveyed by the film.

Introduction :

Cryptocurrency is a digital currency based on blockchain technology that has gained popularity in recent years. While most people are familiar with cryptocurrency through its use in financial transactions, it has also become a prominent theme in popular culture, including in films.

There is a growing trend among filmmakers to incorporate cryptocurrency into their storylines, reflecting its growing importance in society. The goal of this article is to analyze the use of cryptocurrency in films, focusing on recurring themes, the pros and cons of this depiction, and the impact of this depiction on the perception of the general public. By examining films that address cryptocurrency as a main theme, plot element, or setting element, we will discover how cryptocurrency is depicted and what that says about how popular culture views this emerging technology.

The goal of this article is to analyze the use of cryptocurrency in films, focusing on recurring themes, the pros and cons of this depiction, and the impact of this depiction on the perception of the general public.

1- The representation of cryptocurrency in films:

a- Films that use cryptocurrency as the main theme

The Rise and Rise of Bitcoin (2014): This documentary film follows the rise of Bitcoin, the first cryptocurrency, from its creation in 2009 to its adoption by businesses and investors around the world. The film also discusses the pros and cons of using Bitcoin, as well as the prospects of this technology.

Banking on Bitcoin (2016): This documentary explores the origins of Bitcoin and examines how it disrupted the financial industry. The film also highlights controversies surrounding the use of Bitcoin, such as its use for illegal activities and its volatility.

Crypto (2019): This action film features an FBI agent investigating a cryptocurrency fraud in a small town. The film explores how cryptocurrency can be used for criminal activity, as well as the implications of this technology for financial security.

b- Films that use cryptocurrency as a plot element:

Dope (2015): In this film, a group of friends use Bitcoin to sell drugs online. The film addresses the positive and negative aspects of the use of Bitcoin in illicit commerce.

The Girl with the Dragon Tattoo (2011): In this thriller, a character uses Bitcoin to finance his criminal activities, which endangers the heroine's life. The film explores the risks of using cryptocurrency in illegal activities.

The Dark Knight (2008): In this film, the character Batman uses Bitcoin to track the financial transactions of his enemy, the Joker. The film highlights the capabilities of cryptocurrency for surveillance and tracing activities.

c- Films that use cryptocurrency as a decorative element:

Mr. Robot (TV series, 2015-2019): The Mr. Robot television series follows the adventures of a hacker, Elliot Alderson, who uses his skills to fight against the powerful in society. In the second season, cryptocurrency is an important plot point as Elliot and his team attempt to steal funds stored in a Bitcoin e-wallet. The series also shows how hackers use cryptocurrencies to hide their identities and online transactions.

Billions (TV series, 2016-present): Billions is a drama series that follows the legal and financial battles between federal prosecutor Chuck Rhoades and hedge fund manager Bobby Axelrod. Cryptocurrency is introduced in season 3 as the characters become interested in a Bitcoin mining company. The series also shows how investors use cryptocurrencies to circumvent financial regulations.

Silicon Valley (TV series, 2014-2019): Silicon Valley follows a group of programmers trying to launch their business in the technology industry. In the fourth season, the characters begin mining cryptocurrencies, particularly Bitcoin, to finance their project. The series shows how cryptocurrency mining can be a costly but lucrative business.

2- Analysis of selected examples

a- Recurring themes in the representation of cryptocurrency in films

Through the different examples of films presented, we can observe several recurring themes in the representation of cryptocurrency. First of all, cryptocurrency is often presented as an alternative to the traditional financial system, in which banks play a central role and transactions are subject to significant fees. Films that use cryptocurrency as a main theme, such as The Rise and Rise of Bitcoin and Banking on Bitcoin, present cryptocurrency as an opportunity for individuals to regain control of their money and their financial lives.

Another recurring theme is that of technology and innovation. Cryptocurrency is often presented as a major technological breakthrough that can transform the financial world. In Crypto, cryptocurrency is presented as a cutting-edge technology that can solve the problems of financial fraud and money laundering. In the series Mr. Robot and Silicon Valley, cryptocurrency is presented as a symbol of the technological innovation that drives Silicon Valley.

Finally, cryptocurrency is often associated with crime and the darkness of the web. In The Girl with the Dragon Tattoo and The Dark Knight, cryptocurrency is used by criminals to finance their illegal actions. This representation reinforces the negative image that some may have of cryptocurrency, by linking it to illegal activities.

b- The advantages and disadvantages of this representation

The depiction of cryptocurrency in films has pros and cons. On the one hand, it allows cryptocurrency to be discovered by a wider audience, by presenting its advantages and opportunities. It can thus help to democratize the use of cryptocurrency and make it more accessible to the general public.

On the other hand, the representation of cryptocurrency in films can also reinforce stereotypes and preconceived ideas about this technology. Certain negative representations, such as the association with crime, can reinforce the fears and reluctance that some may have towards cryptocurrency.

c- The impact of the representation of cryptocurrency in films on public perception

The way cryptocurrency is portrayed in films can influence how the general public perceives it. Films that present cryptocurrency in a positive light can help popularize it, while those that present it in a negative light can sow distrust and suspicion towards it.

For example, The Rise and Rise of Bitcoin (2014) and Banking on Bitcoin (2016) present cryptocurrency as a revolutionary technology that could change the financial world. These films were positively received by the cryptocurrency community and helped popularize bitcoin and other cryptocurrencies.

On the other hand, the film Crypto (2019) was criticized for presenting cryptocurrency in a stereotypical manner and promoting illegal practices like money laundering. This type of negative portrayal can contribute to public distrust of cryptocurrency and view it as a criminal activity.

Films that use cryptocurrency as a plot element can also impact public perception. For example, the film The Girl with the Dragon Tattoo (2011) features a character who uses cryptocurrency to hide her money and avoid detection. Although the film does not directly promote cryptocurrency, this use of technology may contribute to the idea that cryptocurrency is used for illegal activities.

On the other hand, the film Dope (2015) features teenagers using cryptocurrency to fund their music band. This positive use of technology can help popularize it among younger audiences.

Finally, films that use cryptocurrency as a setting element can also have an impact on public perception. For example, the television series Mr. Robot (2015-2019) uses cryptocurrency to illustrate the fight against big corporations and banks. This use can help reinforce the idea that cryptocurrency is an alternative to a corrupt financial system.

In contrast, the series Billions (2016-present) features a character who uses cryptocurrency to finance illegal activities. Although this use does not directly promote cryptocurrency, it may contribute to the idea that the technology is associated with criminal activity.

Conclusion :

In conclusion, the representation of cryptocurrency in films can take different forms, ranging from a simple setting element to a main theme. The examples analyzed in this article allowed us to see how filmmakers have used cryptocurrency to create fascinating stories, but also to educate the general public about this emerging technology.

We have seen that the depiction of cryptocurrency in films can have advantages and disadvantages. On the one hand, it can help raise awareness of this technology and open a dialogue about its potential impact on the economy and society. On the other hand, it can also reinforce stereotypes and biases associated with cryptocurrency.

Despite this, the importance of cryptocurrency representation in popular culture cannot be ignored. Movies have a big influence on how people perceive and understand emerging technologies, and cryptocurrency is no exception. As cryptocurrency continues to grow in popularity and acceptance, it is likely that we will see more depictions of this technology in films and other forms of media.

Ultimately, the depiction of cryptocurrency in films is a reflection of our society and how we interpret and use technology. As with any technology, there are risks and opportunities associated with cryptocurrency, and it is important to be informed and educated about its potential uses and implications.

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