Welcome to our YouTube channel! In this video, we’re diving into the fascinating world of cryptocurrency, breaking down complex concepts into simple explanations perfect for everyone. Join us as we explore what cryptocurrency is, how it works, its safety measures, and even how to buy it! Whether you’re a curious individual or someone new to the world of digital currency, this video is for you. Don’t forget to hit subscribe for more educational content on technology and finance!
00:00 Introduction
00:29 What is the Cryptocurrency?
00:56 What is the Cryptography ?
01:17 What is the Blockchain Technology?
01:44 What is the Bitcoin ?
Keywords: Cryptocurrency, Bitcoin, Digital Currency, Blockchain, Beginner’s Guide, Understanding Cryptocurrency, Cryptocurrency Explained, Cryptocurrency for Beginners, Cryptocurrency Safety, How to Buy Cryptocurrency, Educational Video, Technology, Finance, Digital Wallet, Cryptocurrency Exchange, Crypto Market.
Joan and David has the same dream owning the legendary Tesla cyber truck but when it comes to making the purchase they are divided by their choice of payment Joan decided to pay with traditional cash use in the bank while David choose to use Bitcoin a type of cryptocurrency but as
Luck would have with David succeeded while Joan hits a roadblock Bank failed due to some reasons join us as we compare the cash and cryptocurrency in their cyber truck purchase Journey as as you can see on the screen the big question is what exactly is cryptocurrency cryptocurrency is a 100%
Virtual form of money that uses cryptography for security and operates independently of a central bank it’s decentralized meaning it’s not controlled by any single entity like traditional currencies instead it relies on blockchain technology to record transaction securly and transparently what is the cryptography cryptography is like a secret code that keeps your digital
Money safe and secure it’s a way of encrypting information so that only the intent and recipient can access it making sure your transactions are private and protected from hackers what is blockchain technology think of blockchain like a digital Ledger that records every transaction in a chain of blocks each
Block is connected to the one before creating a secure and transparent record of all transaction This Record is stored on computers all over the world extremely difficult to change or cheat the system David’s payments were successful he used Bitcoin what is the Bitcoin in 2008 Bitcoin was introduced
By the Satoshi Nakamoto through a document published online this document is commonly referred to as a white paper it is the first cryptocurrency and this is the starting point of virtual currency es no transaction limit 24hour works and no tax fees easy to use for anyone that’s why David’s crypto
Transaction was easily successful but has transaction limit no 24hour works and high tax fees not easy to use for anyone that’s why John’s Bank transaction was unsuccessful I hope that you got knowledged well please give a like and share my video And subscribe my channel
2 Comments
'promo sm'
good videos here