The world of cryptocurrencies will once again be in the spotlight in Hollywood after a new South Korean film, “Crypto Man,” went viral as a final portrait of the late actor Song Jae Rim, who died last month. But is this part of a larger trend, one that has already seen Netflix crypto shows and HBO crypto documentaries?
The delay #SongJaeRim last job, #CryptoManwhich is confirmed to be released on January 15, 2025.
Based on a true story during the crypto crash that shook the world with a loss of 50 trillion won.https://t.co/ZAscxVAWSn#Korean Updates VF pic.twitter.com/ZxJKbOtMHY
— Korean updates! (@KoreanUpdates) December 9, 2024
MOMMY Coin in the spotlight: will it help accelerate crypto adoption?
Yang Do-hyun, played by the late actor Song Jae Rim in the film Crypto Man, is an ambitious young entrepreneur who sees opportunity in the volatile world of cryptocurrency.
Do-hyun, along with his friend Ji-Woo, initially creates companies that intentionally go bankrupt to exploit these subsidies. However, his true ambition was revealed when he started a cryptocurrency business. He developed a cryptocurrency named MOMMY, which was hugely successful.
The film presents MOMMY coin as a revolutionary altcoin, achieving breathtaking market performance. This success is attracting the attention of investors and government regulators. However, MOMMY is short-lived. Its unfolding leads to regulatory scrutiny, which is how the film explores the consequences of such unregulated success.
Ultimately, regulations lead to massive financial crashes – just like the films’ true inspiration – Do Kwon’s Terraform Laboratories.
But step back for a second, forget how MOMMY blew up $34.9 billion in crypto, and consider the bigger picture – imagining how a movie like this will accelerate crypto adoption.
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Movie Buzz Fuels Crypto Adoption: How Interest From Hollywood, Netflix, and HBO Is Driving Digital Currency Growth
Are you ready to go mainstream? CRYPTO – the movie.
From Lionsgate with Kurt Russell and Luke Hemsworth.The first Crypto feature film which will be released in theaters on April 12
Adoption? #crypto #crpytocurrency $btc #bitcoin #blockchain pic.twitter.com/wJsBgfAQGy
– Justin Wu (@hackapreneur) March 12, 2019
The Crypto Man film will not be the first film to come from the film industry. The incorporation of cryptocurrency themes and narratives into Hollywood films and television shows has indeed played a role in public awareness and adoption of digital currencies.
Streaming giants are aiming indeed, Netflix crypto shows and HBO crypto documentaries have been big business in 2024.
Titles like Netflix’s “Bitcoin: The End of Money as We Know It” or HBO’s “Money Electric: The Bitcoin Mystery” explore the history, technology and implications of Bitcoin and blockchain, providing viewers with insight of what might otherwise seem like a bizarre subject.
These films help translate cryptocurrencies, explaining their principles and potential impact in a format that ordinary people can understand.
In the future of money, who holds the power?
THE @HBO Original documentary #ElectricMoney: The Bitcoin mystery begins on October 8 @StreamOnMax. pic.twitter.com/3gEwTqYaAq
– HBO Documentaries (@HBODocs) October 3, 2024
Hollywood’s portrayal of crypto may influence public investment trends. Films can encourage or caution potential investors by highlighting the potential and sometimes risks associated with cryptocurrencies.
For example, although it does not directly talk about cryptocurrency, “Inside Job” on Netflix addresses financial systems, indirectly addressing the relevance of cryptocurrencies in financial ecosystems, which could influence viewers’ investment decisions .
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The narrative around cryptocurrencies in films and television series often reflects current cultural and economic discussions. For example, shows like “The Big Bang Theory” have approached Bitcoin with humor, making it a topic of conversation in living rooms around the world.
This integration into pop culture creates more curiosity and acceptance among different demographics.
More than $250 million worth of bitcoins disappear without a trace and the only person holding the key is dead. TRUST NOBODY: THE HUNT FOR THE CRYPTO KING arrives on Netflix on March 30. pic.twitter.com/scrToKIUwL
– Netflix UK & Ireland (@NetflixUK) February 23, 2022
Hollywood buzz can have tangible effects on the crypto market. For example, when movies or shows feature crypto transactions or stories, they can temporarily boost interest in specific cryptocurrencies, sometimes leading to price fluctuations or increased trading volumes.
The post Crypto to Hollywood: ‘Crypto Man’ and Streaming Giants HBO and Netflix Embrace Crypto Culture appeared first on 99Bitcoins.