MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.84 GB | Duration: 2h 11m
A simple to digest Dummies Guide to Bitcoin & Cryptocurrency! Find out if Crypto is for you and what strategies to use.
What you'll learn
If you decide it is for you, prepare a simple plan to get started
Decide if investing or trading cryptocurrency is a good option for you
Have a taste of what to expect in when entering this wild west of cryptocurrency
Be able to talk about the basics of cryptocurrency with others and have a better understanding of what it is
Requirements
No prior knowledge
Description
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compiled into a newly formed block that will then also be added to the chain once filled.
A database usually structures its data into tables, whereas a blockchain, like its name implies, structures its data into chunks (blocks) that are strung together. This data structure inherently makes an irreversible time line of data when implemented in a decentralized nature. When a block is filled, it is set in stone and becomes a part of this time line. Each block in the chain is given an exact time stamp when it is added to the chain.
In this course you'll get a simple, easy to understand, non-technical overview of what cryptocurrency is all about and how it can help you achieve your financial goals and take your life to the next level.
This course shares the basics of this new revolution of how this internet money is transforming in the world, and where we are heading moving forward towards a more globalized economy. You'll learn new terminology and ways of thinking about gaining money, freedom, independence and supporting transformation both within yourself and in the world. You'll discover the psychology of what is involved to set yourself up for success from an emotional, behavioral and financial aspect, as well as, what is a successful mentality to have to do well in this space. You'll learn if you would be a good candidate to benefit from this space based on who you are and how you operate, and if you'd have a good chance at succeeding to reach your outcomes. If so, and your are feeling drawn to dive in, you'll be given information on how to set up a basic plan for yourself to get started, reminding you of pitfalls to beware of.
Lastly, this course will end by sharing where you can easily get started and how to stay informed about what is going on in cryptocurrency.
Who this course is for
Those who desired to have financial and personal freedom
Those interested in taking being an early adopter to cryptocurrency
Those interested in personal development and change
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