Cryptocurrency Guide for Beginners

Understand How Digital Cash Works

What you'll learn
Understand How Digital Cash Works
Requirements
no
Description
When people think of cryptocurrency, the word complicated is probably one of the first things that come to their mind. Cryptocurrency exists for over a decade, and it is time that we understand what this new type of currency actually stands for. When Bitcoin first emerged in 2009, it grabbed the attention of everyone. For a while, it’s value was not very high, until 2017, when the price suddenly grew very much. This was perhaps the peak of the hype surrounding cryptocurrencies, and suddenly all people started buying. Since the appearance of Bitcoin, other altcoins have appeared in the digital space as a competition. Cryptos, such as Ethereum, Ripple, Litecoin, and many others have also become stable and worth investing in. The technology brings in the age of e-wallets and cashless payments and crypro becomes more and more popular. Before moving further along, it would be useful to understand what crypto actually is. Simply put, cryptocurrency is a type of money that only exists electronically. In other words, it is not physical, but digital money. The technology behind it aims to solve some of the most significant problems related to traditional banknotes. On the one hand, it eliminates the need for having a governing body, such as a bank, to print and issue this kind of money. On the other, the transfers are done from person to person, not having to go through an intermediary. This also represents an advantage since we now have transactions that do not get imposed with high fees. There are many advantages when we talk about cryptocurrency, as compared to the traditional money. Mastering the world of cryptocurrency will take some time. It is easy to imagine that it takes time, practice, and permanent learning to find out how you can maximize the potential of your virtual coins.

Who this course is for:
Anyone who wants to learn more about cryptocurrency