A cryptocurrency such as Bitcoin is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.
In this video, we talk about everything you need to know about Cryptocurrency and what to watch out for.
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00:00 – Intro
01:08 – What is cryptocurrency?
01:46 – How many cryptocurrencies are there? What are they worth?
02:22 – Why are cryptocurrencies so popular?
03:10 – Are cryptocurrencies a good investment?
05:00 – How do I buy cryptocurrency?
05:48 – Are cryptocurrencies legal?
06:10 – How do I protect myself?