(Originally Posted July 31st 2023) There are a lot of hype people saying ‘You’ll own everything you purchase on the Blockchain with NFTs!” but that isn’t necessarily true. Knowledge on this subject is vital to partaking in this space but knowing the difference between what is ‘owned’ and what is ‘borrowed’ is also important in […]
Category: Cryptocurrency
What is ‘Supply’ and what makes it so important to Crypto?
(Originally Posted July 28th 2023) Cryptocurrencies usually have a set supply limit of liquid currency that is in circulation, beyond utility and useability, that is what is supposed to give it value. Cryptocurrency is inspired by the gold standard system and how it worked with Fiat. The fact that there are only ever going to […]
My Understanding of Cryptocurrency
(Originally Posted July 18th 2023) Cryptocurrency, a digital currency not many actually understand the true purpose of it (not even me!). Lots will say it is an “internet money” that could solve the financial economy, others say it is a store of value, some say it is a way to escape Fiat, and a few […]
Finding Applications/Programs that reward Cryptocurrency
(Originally Posted July 14th 2023) With the rising popularity of Cryptocurrency some companies and most exchanges are rewarding patrons for learning about Crypto, using an application, or by spending through services. Usually the rewards are just an incentive for people to learn or use an application and spread awareness of what Cryptocurrency they host or […]
What Is Cryptocurrency?
Cryptocurrency has become a wider phenomenon than expected. It was originally created as a way to instantly transfer digital funds to ensure the full amount made it to its destination without having to worry about intermediaries holding onto those funds for days at a time for ‘processing’ and taking a cut afterwards before passing it […]
Keeping up with Blockchain and Cryptocurrency
It’s tough keeping up with the many Blockchains and the Cryptocurrencies. Looking up videos on Crypto is mainly users telling you which cryptocurrency they are hoping will quadruple in price and finding news for a specific blockchain can be difficult as many are more connected than one would thinnk. It’s hard to understand what is […]