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#Crypto #Bitcoin
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Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
#Crypto #Bitcoin
So i'm gon na explain to you what cryptocurrency is in about 60 seconds or less to begin. Cryptocurrency is an alternative form of payment to cash credit cards and checks. The technology behind it allows you to send it directly to others without going through a third party. Like a bank, normally, if i wanted to send you money, yes, you watching this video, i would ask you to pull up one of those apps venmo cash abzel.
Whatever you plan to use cryptocurrencies solve the problem, it allows us to skip this and work through creating a public record of all the transactions which are bundled into blocks and then cryptographically signed. This is why you may have heard of the word blockchain commonly referred to within the crypto space. The most famous cryptocurrency, of course, is going to be bitcoin, which has been used previously in the past since 2009. Now the easiest way to learn crypto is by doing it yourself, meaning send yourself crypto from one wallet to another or ask your friend.
If you can send them, maybe a couple dollars to see the potential yourself.