“Monero Means Money” Documentary Goes Free for Wider Audience

Monero Means Money: Cryptocurrency 101, Live from Leipzig, a documentary feature film explaining the origins and purpose of Monero, a privacy focused cryptocurrency, premieres today, May 1, 2020, for FREE at 3pm CT (10pm CEST)!

The documentary is an 88-minute long lecture, which espouses the virtues of Monero. The goal behind the release of the film was to raise awareness concerning electronic and financial privacy rights at the same time supporting independent cinemas during the time of acute economic requirement.

In the film, cryptocurrency expert Dr. Daniel Kim describes the technical, economic, and social impact of various forms of money, including traditional currency, Bitcoin, and Monero. Dr. Kim explains that Monero best meets the requirements of digital scarcity and digital privacy.

“Our world is becoming increasingly digital, including our money, but most digital information is easily tracked,” said Howard Chu, Chief Technology Officer at Symas and co-designer of Monero’s proof-of-work RandomX. “Monero is unique in bringing money into the digital realm without sacrificing the privacy of physical cash.”

Due to the COVID-19 pandemic, all the movie releases have been put on hold, and all theaters are closed down. Despite all these restrictions, the privacy-focused Monero based cryptocurrency has made it to the top.

The film has been premiered at Laemmle Theaters in Los Angeles, where the seats were purchased but unfilled. The proceeds were for supporting independent theaters. The Monero Community rallied to buy tickets with credit cards, Monero XMR, and other cryptocurrencies, generating $3,430 in sales during the opening days.

This made “Monero Means Money” #1 at the US box office during the 4/10 week!

“This fun experiment and achievement are a testament to the belief in Monero and the strength of Monero’s community. We hope it motivates others to discover Monero and to join the growing community,” stated Justin Ehrenhofer, the director and producer of Monero Means Money.

Monero Means Money: Cryptocurrency 101, Live from Leipzig is distributed by rCryptoCurrency LLC. 100% of the net revenue from the film (after transaction fees and publicity expenses) will be given to independent theaters, including Laemmle Theaters in Los Angeles, California and Tampa Theatre in Tampa, Florida.

Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity. Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

Learn more about Monero on the official website: https://getmonero.org

 

Watch the movie: