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RE: Hundreds Of European Banks Are In Trouble, This Is Going To Be A Disaster - Episode 1434a
The Federal Reserve is going to keep printing money and inflating the US dollar. This may not be good for the country's economy, but it's definitely good for crypto. Maybe after this happens, more people will learn about crypto and we can work towards a smarter economy.
Do you have any suggestions for someone wanting to learn about crypto?
sure.http://money.cnn.com/infographic/technology/what-is-bitcoin/ this article basically explains what bitcoin is. essentially cryptos use a ledger that uses computer power to ensure the security of the transactions. also check my blog if you want to learn more.
Read plenty and be VERY careful before Jumping onto buying cryptos because there are a lot of hackers out there stealing everything they can. Check www.coinmarketcap.com (this website gives you an overview of the 1,300 coins out there.
I suggest you start with the bitcoin white paper. Then, check out the various documentaries available in amazon prime or netflix. From there, listen to several videos available on youtube - search for (1) how to buy bitcoin; (2) how to transfer bitcoin from an exchange to a crypto wallet. Maybe not a good time to buy now since bitcoin is at its peak and is ready for a major correction where it typically losses a third of its value. If you ever decide to join the crypto mania, I suggest to open an account at the major exchanges (i use coinbase and poloniex) since it takes days or weeks to open an account.
Thanks so much for this. I'll start doing this research now. I've been curious for a while, but finally have the free time to really look into things and understand.