I have written this follow-up post to provide you with a foundational understanding and help answer the burning question: “what is a cryptocurrency?”
First, I’d like to provide you with a visual explanation of how bitcoin & blockchain works to provide you with a decentralized money solution/store of value that can be transferred between any two bitcoin wallet holders globally.
What Is A Cryptocurrency? Learn all about it by watching this video:
What Is Cryptocurrency? Here is the definition:
“A digital currency in which encryption techniques regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.”
Now I’d like to expand your appreciation of the revolutionary and world-changing aspects of bitcoin & blockchain. The next video features world Andreas Antonopoulos, a world-renown intelligent speaker on everything regarding blockchain/encryption technology.
He frames the discussion from the perspective of the banks / financial industry. And he demonstrates how they will react to the disruption of their industry caused by decentralized blockchain technology:
Now I would appreciate it if you would provide me with some feedback and your reaction to the information I presented in this video! Let me know if I did a good enough job answering the question: What Is A Cryptocurrency? Just leave your thoughts, comments, or questions in the comments section below. You rock and THANK YOU in advance!
Would you like more info about diversifying out of the dollar with cryptocurrency? I can provide you with a much better understanding of this whole ‘bitcoin thing’ and how you can start profiting from it.
Just click the following link to gain access to a FREE Crypto Mini-Course that I have put together just for you:
FREE Crypto Mini Course <<== CLICK HERE
I would also recommend tapping into my website that dedicated to providing education, news, and information about cryptocurrency, by using the following link:
And of course, if you have any questions, feel free to reach out to me! I’m always more than happy to talk to anyone about the advantages of cryptocurrency, which is undoubtedly a prudent conversation in our current world.
Now I’m sure that many of the Greeks had wished that they had saved their earnings in cryptocurrency rather than their common government-issued fiat currency. But that’s a story for another post!
Until next time,
P.S. Are you interested in learning about the strategies I’ve used to trade bitcoin for life-changing profit? Learn all about it via my Crypto Trading Mastery Course and Mastermind Chat Group.
I would love to see you have success and be a part of it. Just click the following link to learn more:
Crypto Trading Mastery Course & Mastermind Chat Group Access <<== CLICK HERE