Cryptocurrency

Explain BITCOIN to Complete Beginners: Ultimate Guide!!



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๐Ÿ“บEssential Videos๐Ÿ“บ

Best Mobile Crypto Wallets ๐Ÿ‘‰ https://www.youtube.com/watch?v=KMfIh10ShQA
Top 5 BEST Hardware Wallets ๐Ÿ‘‰ https://youtu.be/4q8nK4XxmkA
Macro & Bitcoin Video ๐Ÿ‘‰ https://youtu.be/r5-bTVlAGPc
Bitcoin vs. Gold Video ๐Ÿ‘‰ https://youtu.be/P18frOZUZmU
Bitcoin Mining & Climate ๐Ÿ‘‰ https://youtu.be/DidAwxWaDKI
FACT CHECK!! Bitcoin Mining Emissions: Why It’s FUD! ๐Ÿ‘‰ https://youtu.be/UCwLIE62iWg
Crypto Beginner’s Guide ๐Ÿ‘จโ€๐Ÿซ ๐Ÿ‘‰ https://youtu.be/VYWc9dFqROI

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โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ How Hardware Wallets Work: https://www.coinbureau.com/education/how-do-hardware-wallets-work/
โ–บ Crypto Safety 101: How to Protect Your Crypto: https://www.coinbureau.com/education/crypto-safety-protect-crypto/
โ–บ The Basics of Crypto Trading: https://www.coinbureau.com/trading/basics-of-crypto-trading/
โ–บ Cryptocurrency Beginnerโ€™s Guide: https://www.coinbureau.com/education/cryptocurrency-beginners-guide/

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– TIMESTAMPS –
0:00 Intro
0:42 Digital Cash
3:38 Software
9:15 Nodes and Miners
13:08 Public Key Encryption
17:41 Custody
19:12 Conclusion

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#BTC #Bitcoin #Crypto #Coinbureau

46 Comments

  1. Guy, I enjoy your content. Thorough, informative, and always on point with current developments. I am introducing a friend to the crypto universe, and this will be the first video I show him. Thanks

  2. Though this is a good explanation it still uses some terminology that some very beginners might not get (I showed it to my 7 year old son thinking it might be a good explainer but some big words went over his head!)

  3. I keep telling people. They keep looking at me funny. Guess I gotta show them by example. Everyone will want in to be my exit liquidity I guess lol

  4. "Educate yourself: Before diving into Bitcoin investments, take the time to learn about blockchain technology, understand the market trends, and stay informed about the latest news and developments."

  5. Nice video, really liked it. However, you could add some info about BTC passive income strategies, like Nexo for exmaple. It's been a game-changer for me to earn passive income on stablecoins, fiat and crypto,. I'm talkin' up to 16% interest, no sweat! Highly recommend giving it a shot! DM for ref link

  6. Thumbs up from me for simplifying how bitcoin works. If the bitcoin network could be explained in 2 minutes rather than 20 it would have mass adoption overnight. I an not a newbie but feel the whole process is not understood by most people and hats off to Satoshi for giving us this perfect currency and walking away from it. The big problem now is manipulation and greed which will never be solved.

  7. There are so many things that are wrong about Bitcoin and if you really analyze this video it actually points them out. Supposedly one of the main features is it's decentralized structure, and yet try to cash in your Bitcoin and see how quickly it's not decentralized.
    The vast majority of people that own Bitcoin and are not crypto experts do not understand how it works and this is one of the main problems.. it's way too complex for most people to deal with plus it's basically dysfunctional in terms of using it as a cash transaction system. I could go on and on but Guy would probably delete my post.

  8. I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on PsA23MA is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

  9. When I started the crypto process in 2017, there were few youtubers I trusted and you were one of them. This video confirms my impressions. As for me, I continue to DCA PsA23MA.

  10. PsA23MA has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures.

  11. 5:47 The little Action notification that appears exactly when you say "act out of self interest" was a nice touch from whoever is editing these ๐Ÿ™ƒ
    Also at 9:03 you say "Blocks that come after it", i think you meant to say "Before" ๐Ÿ˜‰
    Thanx for the good video, finally another good resource i can send to people cause i cant be bothered to explain it anymore lol.

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