Welcome to the crypto education page. This is not meant to be an exhaustive resource with all knowledge concerning cryptocurrencies. However, it should be enough to start you on your way to beginning to understand this space and it’s impact on our economy today but even more so in the near future. This is concerning how money will evolve into an entirely new economy that is taking shape right now. Our community is usually last to the table when it’s concerning finances. We have to make a paradigm shift in our thinking concerning educating ourselves or we will continually be left behind.
The History Of Money
Before jumping into cryptocurrencies, we need to understand the current monetary system and how we got here. Once that is done, then there will be no question as to why we need to shift to a decentralized monetary system……………
What Is Bitcoin?
The video below gives some very practical information concerning what is Bitcoin, the blockchain and some real life applications. At the original airing of this documentary on CNN earlier this year, Bitcoin was trading at a little over $600 at the time. As of 11/26/17, it’s trading at over $9400.
“Banking On Bitcoin” was one of the first documentaries made that primarily focused on it’s early days of the beginning.
What Is The Blockchain?
It doesn’t matter what or how many cryptocurrencies exist, without blockchain technology none of those would exist including Bitcoin. This technology is the future. It will change the landscape of banking as we know it today along with a host of other industries.
Here is a “Bitcoin For Beginners” series that covers the basics concerning Bitcoin. Though made in 2013, (some of it’s information is a bit outdated) this 5 part series does a good job at explaining how it works and some of the “how to’s” in laymen terms. The series is broken down in 5 parts:
- Bitcoin Explained For Beginners
- Bitcoin Wallets
- Coinbase Tutorial . To start purchasing Bitcoin using Coinbase just click the HERE. Once you purchase $100 worth of cryptocurrency on Coinbase, you will be given $10.00 in Bitcoin. Click Here to get started.
- How To Make Money Trading Bitcoin
Side Note: I have no financial affiliation with Chris Dunn or any of his products. If you chose to purchase, just know you do it at your own risk.
21 Terms To Understand Cryptocurrency
The world of cryptocurrency can be a big ball of confusion, especially for the newbie. This article has 21 terms commonly used in the marketplace. Hopefully, it can bring some clarity. Click Here