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Central Bank Digital Currencies Explained 👉 https://youtu.be/_ErRWQWPs8Q
Best Cryptocurrency Hardware Wallets 👉 https://youtu.be/_t3Brlb0qzQ
Fiat Ponzi Scheme 👉 https://youtu.be/L_f6R0DHNH0
How To Research Cryptocurrency 👉 https://youtu.be/HCLWDGYnAzk
Bitcoin Bad For The Environment? 👉 https://youtu.be/DidAwxWaDKI
– TIMESTAMPS –
2:11 Cryptocurrency 101
6:08 Questions About Bitcoin, Dogecoin, Ethereum, etc.
9:15 Cryptocurrency Safety & Criminal Use Concerns
13:15 Explaining Cryptocurrency Price & Value
17:38 “Which Cryptocurrencies Should I Buy?”
⛓️ 🔗 Useful Links 🔗 ⛓️
► Why Cash Is Trash: https://wtfhappenedin1971.com/
► Dogecoin Explained: https://www.coinbureau.com/review/dogecoin-doge/
► Circle USDC Website: https://www.circle.com/en/usdc
► Paxos PAX Gold Website: https://www.paxos.com/paxgold/
► Bitcoin Use In Crime: https://www.forbes.com/sites/haileylennon/2021/01/19/the-false-narrative-of-bitcoins-role-in-illicit-activity/
► Bitcoin Stock To Flow: https://www.lookintobitcoin.com/charts/stock-to-flow-model/
► Cryptocurrency Lending And Borrowing Explained: https://www.coinbureau.com/review/aave-lend/
► Visa USDC On Ethereum: https://www.theblockcrypto.com/post/99639/visa-now-settles-payments-in-usdc-stablecoin-ethereum
Put simply, cryptocurrencies are like regular currencies except they’re entirely digital. Each individual cryptocurrency coin is fundamentally just a collection of numbers and letters
This sounds complicated, but it’s actually not far off from what we see with currencies today. Bills have serial numbers, and bank accounts have account numbers
Cryptocurrencies are basically like serial numbers without the physical bill, and cryptocurrency wallets are like bank account numbers without your name attached to them
Instead of the bank or government keeping track of your wallet balance, this is done by computers that connect to a cryptocurrency network to process transactions and earn cryptocurrency for doing so
🙋♂Questions About Bitcoin, Dogecoin, Ethereum etc.🙋♂
Broadly speaking there are two types of cryptocurrencies: coins and tokens. Cryptocurrency coins belong to cryptocurrency networks that were built from the ground up
Because cryptocurrency networks are so hard to make from scratch, only a few dozen cryptocurrencies are actually coins. The rest are cryptocurrency tokens
The most important thing to remember about cryptocurrency tokens is that a lot of them are nothing more than scams. This is primarily because cryptocurrency tokens are so easy to create
⚖Cryptocurrency Safety And Criminal Use Concerns⚖
For starters, not all cryptocurrencies are created equal. Some cryptocurrencies are built to prioritize speed over security, and usually the consequences of that play out quite quickly
When it comes to the criminal activities, it is true that ransom demands made by hackers often involve some kind of cryptocurrency. However, these cryptocurrencies always get swapped to privacy coins
💰Explaining Cryptocurrency Price And Value💰
Bitcoin has value because its BTC coin has an economic profile to gold. It has a maximum supply and only a small amount of BTC is created each day, and that amount is cut in half every 4 years
Cryptocurrencies like Ethereum’s ETH have value because they are required to pay for the transaction fees associated with minting and moving tokens as well as using decentralized applications
🤑“Okay, Which Cryptocurrencies Should I Buy?”🤑
Before you answer that question, you must remember to emphasize that nothing you tell them is financial or investment advice
Which cryptocurrencies you decide to invest in boils down to your timeline and risk tolerance. Make sure not to mix up market cap with price potential, and always do your own research.
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome
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•I'm new to trading. How can I make more profitable investment in crypto without incurring much losses?
Great advice, thanks!
By far this is the clearest explanation of crypto I could find on youtube, thanks man !
Making money is an action. Keeping money is behavior. Growing money is knowledge.
Do you need to pay the crypto company before you can withdraw?
This name above is real and genuine person, I really appreciate his job by retrieving my lost bitcoin wallet
Thank you for the explanation on Crypto I understand the concept much better now
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Position Exchange is a truly Community-Driven project with 80% of the tokens owned
and controlled by the Community.👌💎
By the Community, For the Community 🙏🌎
Speaking of crypto trading. It's best business in the world right now, I be trading and I know a couple of friends who make a whole lot of money trading the crypto Market
A year later we quickly see most of this to be untrue. We watched the Left freeze crypto accounts in Canada, and the FBI start shutting ones down. Crypto is the easiest thing to track, unlike its anonymous promotion – if you put it on an exchange or try to use it it can be tracked….it happens all the time from Silk Road to catching fraud.
Once all adopted we will be raped and pillaged . Turned off . Tracking of everything
It’s all going digital. So they can track trace and turn u off . Now u know