Before investing in a Bitcoin it's good to understand what it is. The technology under the hood of Bitcoin doesn't need to be understood to be able to use it just as you don't need to know what happens behind the scenes when you swipe your MasterCard, but if you're going to invest in cryptocurrencies it is a good idea to understand the fundamentals of how they work and why the technology is so revolutionary.
This video explains how blockchains and cryptocurrencies work in the easiest way possible. It's worth watching this 26-minute video if you want to know how crypto works.
Ever Wonder How Bitcoin (and other cryptocurrencies) Actually Work?
I hope you found this video helpful and it furthers your understanding of how bitcoin and other cryptocurrencies work.
Nice post, thanks!
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Good Video info for Newbees thanks
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Thank you good post
Before investing in a Bitcoin it's good to understand what it is. The technology under the hood of Bitcoin doesn
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I've seen this video on youtube a while ago when I just started to get into the cryptocurrency realm. Newcomers should really understand the system and how it works, before putting money in mindlessly. No use whining and complaining when losing money, and boasting about how crypto is a scam. And from the replies I've read on this post, there really are too many ignorant steemians around lately, commenting without watching, or worse, commenting about how informative the video is WITHOUT watching.. (roles eyes) But nonetheless, great seeing this video being shared here, for those who really are interested in understanding cryptocurrencies more.
Cheers!
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I found the presentation really helpful too.
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👍👍👍👍
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great info
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hello friend @luzcypher i like your information, thanks for sharing keep it up :-)
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There's no way you could have watched this video so fast so how do you know if you like it?
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Really beautiful .. thanks information .. hope we can cooperate .. follow me @kingsteem .. maybe be a friend
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I like this post, I thank you for info. @naz722
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It's a video that takes 26-minutes to watch and you responded 1 minute after I posted it so you must be a bot or just mindlessly commenting. Judging by your 8 reputation I'm guessing you're doing something wrong or just don't get Steemit.
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I listened to the video all the way through and feel I should be taking notes. There was a lot of info there to absorb. A wonderful tutorial for some of us. Thanks for sharing. - Troy
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I felt the same way but just watched it a few times in a row instead of taking note. Glad you liked it.
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great Infos. now Combine Bitcoin with my Coincard Project and than also the real market is in Bitcoin hand
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Thanks for amazing video @luzcypher! It's great explanation how cryptocurrencies works, for non-technical people. We all need content like this to promote idea of decentralized money. Good job!
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I'm glad you liked it.
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Great video. I wasn't expecting a fresh approach. I like the explanation of the development of why Bitcoin is what it is
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I'm glad you enjoyed it too.
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good work
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hi @luzcypher, nice explained and an absolute valid overview of the topic :) If anyone wants to even get more into detail just try to give this a look, its the document that started it all (more or less). Satoshi Nakamotos Bitcoin Document. It is a not too complicated read :)
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This is an article that so many eyes need to see. There's still time to get in, but soon the worth of even ethereum will skyrocket and the distribution of wealth will change for those that took the risk!!
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