Cryptocurrencies, decentralised finance and blockchain technology—what do these terms really mean? The Economist’s finance correspondents guide us through the key concepts of crypto.

    00:00 – Crypto can be confusing
    00:19 – What is crypto?
    01:08 – What is a blockchain?
    02:05 – What is mining?
    03:15 – What is Bitcoin?
    04:00 – What is Ethereum?
    04:44 – What is an NFT?
    05:41 – How to understand crypto

    Watch the full discussion here: https://econ.st/3KqcxYG

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    Still want to learn more? View our upcoming online course about FinTech: https://econ.st/38GBD7L

    13 Comments

    1. It's a scam making people think they can get rich so by speculation they buy it, in the end only makes the rich owners richer and acclerates killing the planet & the human race, fueled by our own greed. That is all you need to know

    2. How to react with a complex way of calculating financial transactions? Many people are worried to get involved in such financial transactions. Specially when parameters involving estimate for cost and prices.
      Each crypto currency should disclose the parameters. Only then the owner of that particular crypto can evaluate which direction his Assets value heading and take appropriate measures to protect from final collapse of the value.

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