Key English German
00:00:07.000-->00:00:09.000 The Monero Project is a decentralized open-source collaboration with no formal organizational structure. The Monero Project is a decentralized open-source collaboration with no formal organizational structure.
00:00:09.000-->00:00:11.000 The Monero community volunteers who have donated their time and effort to this film The Monero community volunteers who have donated their time and effort to this film
00:00:11.000-->00:00:13.000 broadly support the airing of independent voices, including the many small and independently owned cinemas broadly support the airing of independent voices, including the many small and independently owned cinemas
00:00:13.000-->00:00:15.000 who have suspended operations amid the global COVID-19 pandemic. who have suspended operations amid the global COVID-19 pandemic.
00:00:15.000-->00:00:17.000 100% of the net revenue from this film will be given to independent theaters, including 100% of the net revenue from this film will be given to independent theaters, including
00:00:17.000-->00:00:19.100 Laemmle Theaters in Los Angeles, California USA and Tampa Theater in Tampa, Florida USA. Laemmle Theaters in Los Angeles, California USA and Tampa Theater in Tampa, Florida USA.
00:00:49.000-->00:00:52.000 Critical Decentralisation Cluster Critical Decentralisation Cluster
00:00:53.000-->00:00:57.000 Written and Presented by Dr. Daniel Kim Written and Presented by Dr. Daniel Kim
00:00:57.600-->00:01:01.600 Produced by Justin Ehrenhofer and geonic Produced by Justin Ehrenhofer and geonic
00:01:02.100-->00:01:06.100 Cinematographers: Maximilian Gurresch and Alvin Joel Santos Cinematographers: Maximilian Gurresch and Alvin Joel Santos
00:01:06.500-->00:01:10.500 Directed by Justin Ehrenhofer Directed by Justin Ehrenhofer
00:01:11.200-->00:01:17.200 Part 1: Scarcity Part 1: Scarcity
00:01:19.060-->00:01:21.900 Once upon a time, the dollar was as good as gold. Once upon a time, the dollar was as good as gold.
00:01:21.900-->00:01:25.720 The United States and most other countries minted gold coins. The United States and most other countries minted gold coins.
00:01:25.720-->00:01:28.360 Paper money was a promise to pay in gold. Paper money was a promise to pay in gold.
00:01:28.360-->00:01:31.560 But today, the dollar and most other world currencies But today, the dollar and most other world currencies
00:01:31.560-->00:01:34.840 are supported not by gold, but by credit -- are supported not by gold, but by credit --
00:01:34.840-->00:01:38.040 paper backed by paper. paper backed by paper.
00:01:42.500-->00:01:45.300 The experience of Germany in the early 1920s The experience of Germany in the early 1920s
00:01:45.300-->00:01:46.880 is the classic horror story is the classic horror story