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RE: The Cryptocurrencies Explained to My Dad ;)
I loved this post! I can just imagine your poor old dad trying to understand this crazy new technology!
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I loved this post! I can just imagine your poor old dad trying to understand this crazy new technology!
UPVOTED at 100%
Resteemed!
thx so much, Oldie! My dad is 83 and spent all his life in financial and economics. but it's hard for him to understand something so abstract! for him, economy must have a product or a service as a basis, something solid to be payed for! ;)
I've been involved in crypto for about 4 years and I still don't get it! :)
"if it works, don't touch it." (old rule for programmers :D)
I've studied a little bit about finance and I would say I'm still quite baffled and curious with Steemit.
I don't understand how the SBD is pegged to the US dollar. How does that work?