Summary On Crypto

So we’ve covered a range of topics over the span of four blogs, I think its safe to say if you’ve stuck around long enough that you are at least better off on the knowledge side of things on crypto.

The main takeaway from my vlogs so far is:

Cryptocurrency is ever-growing.

It's never too late to jump on and try it out for yourself. As the first blog shows that the market has the opportunity to expand into legal tender and thus grow in value for those that own coins.

Crypto is not a perfect system.

Like all systems made by people, crypto has faults but it's up to you to decide on whether they go against your moral judgment or whether you think it best to change the system as an insider. The negatives may include things such as high carbon emissions, high volatility, and potential black market activity.

How it's made.

It's pretty complicated but the gist of it is that a bunch of smart people end up solving problems in order to unlock crypto tokens while also processing transactions, so it’s a bit of a full circle really. Blockchains are the heart of that system and end up storing data on everything that enters the market or is processed through it. It's kind of like a big never-ending database that constantly changes.

There are many vendors to get crypto.

You can download an exchange app at any time (preferably with an inbuilt wallet) and start trading after you verify your identity. Make sure to do your research on the vendors you pick as they’re not always the same when it comes to things like processing fees.

I’m glad you got this far into my blogs, now moving forward I hope you have not only gained a bit of knowledge from reading this but are also interested in delving deeper and doing your research, and maybe investing too.