Crypto Education and Resources
We stay connected with the pulse and on the cutting-edge of the crypto space.
Providing our members with educational resources, training and information is one of the ways in which we add value and directly tune-in to the community.
What exactly is cryptocurrency?
From Wikipedia, the free encyclopedia
A cryptocurrency, crypto currency or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.
Blockchain - In the simplest terms, blockchain can be described as a data structure that holds transactional records and while ensuring security, transparency, and decentralization. You can also think of it as a chain or records stored in the forms of blocks which are controlled by no single authority. It is the technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically.
Cryptocurrency can be used to acquire real estate and other large ticket items.
Cryptocurrency Wallet - is an app that allows cryptocurrency users to store and retrieve their digital assets. As with conventional currency, you don’t need a wallet to spend your cash, but it certainly helps to keep it all in one place. When a user acquires cryptocurrency, such as bitcoins, she can store it in a cryptocurrency wallet and from there use it to make transactions.
Top three wallets to Hold and Exchange cryptocurrency are Crypto.com, Coinbase and Binance US
Referral Links Below:
Here's another great wallet for crypto trading.
Cryptocurrency Debit Card
Cryptocurrency Debit Card - Allows you to spend your crypto anywhere that takes Mastercard/Visa. Great for international travel because it converts your crypto into the local currency with low to no international processing fees like most banks impose.
Here's some of my favorite crypto debit cards. Be sure to get one for yourself, click on my link:
Popular Reasons Why People Invest In Cryptocurrency:
Currency of the Future
Viable Alternative to Saving Money
Safe From Inflation
Easy to Get Into
Security and Blockchain
Early Stage with Long-Term Growth
And Much More...