An introduction and beginner’s guide to cryptocurrency, Bitcoin and comparing them to the traditional financial system.
In this video, I will be discussing the following:
0:00 - Intro
0:38 - What is a currency or medium of exchange?
2:50 - What is crypto and cryptography?
4:00 - What is cryptocurrency?
4:52 - What is Proof of Work?
5:45 - What is Bitcoin mining?
7:47 - What is the difference between the traditional financial system and cryptocurrency?
8:23 - What is centralisation and decentralisation?
11:07 - What is Bitcoin and the beginnings of cryptocurrency?
12:34 - Is Bitcoin financial and technological innovation?
14:04 - At what rate is Bitcoin being adopted?
16:01 - Cars vs Bitcoin
17:43 - Internet vs Bitcoin
What is the market cap of Bitcoin?
19:37 - Is Bitcoin scalable?
21:26 - Changing of the guard: from the old to the new
24:43 - What is the cryptocurrency trilemma?
26:45 - What is a blockchain?
28:43 - What is Distributed Ledger Technology?
30:44 - How do cryptocurrencies work video
33:07 - Can you own a physical Bitcoin?
34:02 - What are some basic investment strategies for cryptocurrencies?
Why invest in cryptocurrency?
38:37 - How many cryptocurrencies are there?
If you are looking for more of a tailored and faster approach to your crypto education, I offer 1:1 coaching to people who have the desire and means to invest in their education.
If you are interested, put ‘Education’ in the comments and I will get in touch to book in a free 30-minute video call.
Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.
#crypto
#cryptoforbeginners
#whatiscryptocurrency
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