A new Chinese movie about blockchain and cryptocurrencies titled “Sage Thief” is coming to the theatres this October and that is causing some kind of excitement especially among the Chinese recently.
China recently declared cryptocurrencies as virtual properties and confirmed the protection of cryptocurrencies by law after a few years of bans which kept the innovation out the Chinese boundaries. This signaled good fortune for many Chinese who seemed to be interested in the topic of blockchain and cryptocurrencies.
Sage Thief, which has been in production for a couple of months now is ready for showing in cinemas across the nation this October.
The movie’s thesis and storyline go along the blockchain and cryptocurrencies inventions and how these set of innovations might eventually usurp the current banking and financial systems.
Portraying the blockchain as public custody on which the mainstream users can act as their own banks, the movie explicated on how current banks corporate with the governments in using money and funds belonging to the customers to raise profits from investments on which they pay tax to the governments in order to clear national debts. Going against this system in which customers gain nothing in return, Sage thief promoted the blockchain technology as one-of-a-kind innovation which brings back the power of banking to the hands of the mainstream users.
With China’s new bias towards blockchain and cryptocurrencies, citizens and residents, in general, are feeling more comfortable and showing considerable interest in the space. China was known to house a vast majority of crypto users and adopters, and once again, this is coming to play as the country is taking the movie production approach to educating its citizens on the use of blockchain and cryptocurrencies.