- How Cryptocurrencies work (aka - What Bitcoin actually is)
Bitcoin was the first cryptocurrency created but not the only one. There are many others but this video covers how cryptocurrencies generally work. In a nut shell, they work like cash... except everything is digital. They're an alternative payment system as well as a store of wealth. Well sort of... Let's look at the fundamentals of how Bitcoin and Altcoins function and what makes them tick. - Background On Blockchain & Digital Currencies
The blockchain is the technology that underpins these types of currencies. The chain-of-blocks network is shared globally and maintained by the community of users. To use a currency, you have to first download and verify the blockchain data into your wallet. Traditional wallets we've been using for decades don't allow us to easily make payments/store value, whereas crypto wallets enable us to safely manage our money! - Wallet Options & Security
There are many different cryptocurrencies to choose from; some designed for specific applications, while others are decentralized and independent of any one party. Some are even anonymous. It's always good to research which cryptocurrency best suits your needs normally you'd want to consider whether its usable worldwide, does it require regulation and if its tied to any central companies or governments.