Cryptocurrencies like Bitcoin are all the rage these days.
All we hear is how Bitcoin has smashed another record high, cryptos are the future, don’t miss this train, etc.
The question is: How do you know what you’re getting yourself into? Many people are talking of using their stimulus check to buy into Bitcoin, for example.
While there is a lot of talk about blockchains and cryptos, actual simple explanations of what they are and how they work are hard to come by.
How do you understand this stuff WITHOUT getting lost in a bunch of technical mumbo jumbo?
Well, it’s really not that complicated in the end…
Cryptocurrencies like Bitcoin and Ethereum are the wave of the future, right?
So why is all the latest news about their value in US dollars? Isn’t that kind of backwards?
Obviously, these new digital currencies have a ways to go…
It doesn’t help that the systems in place are less than stellar, and we’re still seeing hacking resulting in people losing money.
But what about the future of blockchain technologies as a whole? Those are pretty awesome, right?
Well, yes and no. If you cut out the hype, you’ll have a much better idea about where all of this stuff is heading.