Back to the Basics

in #cryptocurrency7 years ago (edited)

What is cryptocurrency? If you search this question on youtube, google, or even steemit you will get a lot of different responses that vary across the board. Some of these can be very dense technical explanations, while others can be off-based broad assumptions about the whole idea of digital currency.

I want to add my voice to all of these in hopes of offering a simple (non-technical) and easy to understand explanation of what cryptocurrency is even about, what a bitcoin is, and other terms that those who follow this world closely may have heard and even understand. I hope that by doing so it will help me to crystallize its meanings in my own mind, while also helping others that are completely new to this.

The goal is to do a sort of "Back to the Basics" series of videos that I will begin posting by the end of the week. If there are any other topics you'd like me to cover, feel free to comment below and mention it.

Sort:  

Congratulations @kccrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Looking forward for it, definitely need some basic videos on this!

Congratulations @kccrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.17
TRX 0.12
JST 0.027
BTC 55093.98
ETH 2894.76
USDT 1.00
SBD 2.22