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SXSW: The New Americans: Gaming a Revolution

Technology is changing our every day lives and a rapid-fire pace. We live at the pace of social media and the intersection between the real world and the internet became even more enmeshed than ever before. The power of the internet is inescapable.

The COVID pandemic brought on a level of digital disruption that had real world ramifications. R/Wallstreetbets became a gathering place for average folks to become retail investors. They turned GameStop ($GME) and AMC ($AMC) into meme stocks creating a short squeeze that adversely affected hedgefund investors and short sellers. They gamified their work with apps like Robinhood and with memes, symbols and jargon like “diamond hands” and “tendies”. All the extra time at home gave Americans an opportunity to learn financial strategies and turn it into a game that both made them a lot of money and disrupted the financial market. At the same time another form of disruption was brewing online, building steam during the 2020 presidential election and culminating in the January 6th, 2021 attack on the Capitol.

The internet allows for varying levels of anonymity. Behind avatars, online users can expose a darker side of humanity with all of the dangerous ideologies and harmful rhetoric that comes with it.

Directed by Ondi Timoner, The New Americans: A Gaming Revolution is a high-paced and engrossing documentary about our new age of finance and digital disruption. This subject matter can be difficult to understand especially for the uninitiated who are unfamiliar with r/Wallstreetbets, cryptocurrency, memes and TikTok. Even the chronically online, like myself, need a bit of guidance to understand this complex online world and all the jargon that goes with it. Timoner uses facets of internet culture to visually tell her story while also pausing throughout the movie to define specific words and phrases that need to be clarified in order for the current conversation happening on screen to be fully understood. This helps the viewer not get lost in the technicalities and enriches the film by providing both visual entertaining with information.

“…the only way to approach this journey was to interview people across all aspects of the disruption and to tell the resulting story in the same language that drove it: with Tik-Toks, memes, and fast-cuts that mimic the online world of the new generation that fueled this movement.”

Director Ondi Timoner
  • Notable talking heads in the film include
  • R/Wallstreetbets founder Jamie Rogozinski
  • The Real Wolf of Wall Street Jordan Belfort
  • Former White House Communications director and founder of SkyBridge Capital Anthony Scaramucci
  • Investor Raoul Pal who provides the viewer with valuable insights
  • Influencers Blayne Macauley, Hugh Henne, ProThe Doge, Taylor Price
  • Investors, artists, and more.

The New Americans: A Gaming Revolution presents complicated subject matter in a way that is both approachable and entertaining.

The New Americans: A Gaming Revolution had its world premiere at the 2023 SXSW Film Festival.

SXSW: Diamond Hands: The Legend of WallStreetBets

During the pandemic, many of us took an interest in the stock market out of sheer boredom and a desire to turn stretch our stimulus checks. Then in 2021, Reddit users who followed r/WallStreetBets took it a step further by buying GameStop (GME) and AMC stock changing the valuation of both companies and throwing the market for a loop. Directed by Drea Cooper and Zackary Canepari, Diamond Hands (a term for those who hold onto a stock for longer than normal to let it grow) follows the story of Reddit users who overtook the market and the ripple effects it had in the financial world. The film is frenetic and difficult to follow unless you’re well versed in stock market lingo and spend a lot of time consuming short video content. Some of the subjects are a bit annoying but I’m glad they balanced out the tech bros with two women investors. Unless your super interested in the topic, this documentary is a pass.

Diamond Hands: The Legend of WallStreetBets had its world premiere at the 2022 SXSW Film Festival