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What is cryptocurrency? | In 60 seconds
February 5, 2018
Plenty has been said about cryptocurrency in the past few months. Some governments want to stop it. Other people are investing in it and making a fortune. But, um… what is cryptocurrency exactly? AEI Visiting Scholar Mark Jamison explains.
I suppose I’m being a bit naive about this product called a bitcoin, but what do you do with it?
There are basically two things. One is to use it as you would a currency for transactions. This includes systems that allow you to build smart contracts using the cryptocurrency. The other is to speculate on its future value.
I would like to get more information about it.
Depending on what you want, you can read books (I like “The Age of Cryptocurrency as an overview), watch various Ted Talks or YouTube videos, or join a meet up group.
Enlightening
Thank you