Podcast FAQ

cryptocurrency for dummies podcast

by Miss Lisette Oberbrunner DDS Published 2 years ago Updated 1 year ago
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What are the best Bitcoin and crypto podcasts?

The answer is taking advantage of the best podcasts out there of course. Below is a list of the best bitcoin and crypto podcasts for your listening pleasure. The Crypto Verse: Chris Coney is the creator and host of the The Crypto Verse, one of the first crypto podcasts to cover all things bitcoin and blockchain.

What is cryptocurrency (for Dummies)?

What Is Cryptocurrency (for Dummies)? “Cryptocurrency” is a blend of cryptography and currency. This fintech (financial technology) solution lets you move digital assets between individual parties securely using encryption and decryption. In short, crypto serves as an alternative to our current financial and monetary systems.

Is cryptocurrency ready for the mainstream?

Crypto has some other problems to overcome before it's ready for the mainstream. There are all kinds of scams; the transactions are slow; if you lose your crypto password, you can lose your entire investment; and crypto transactions can bypass the U.S. financial sanctions on Russia.

How do crypto miners make money?

In a PoW system, miners invest in expensive hardware and consume enormous amounts of electricity to participate in a cryptocurrency network. They make money through transaction fees on top of the crypto reward they receive for their work. A cryptocurrency protocol sets the rules, although it’s not necessarily set in stone.

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What is the best crypto podcast for beginners?

6 best crypto podcasts every investor should tune in toThe Pomp Podcast. This podcast is lauded on multiple platforms and is well received by business people as well as investors. ... Unchained. ... Tales from the Crypt. ... The Bad Crypto Podcast. ... Bankless. ... Crypto 101.

How do you explain cryptocurrency to a beginner?

In simple words, cryptocurrency is a digital asset. The name originates from the fact that all of its transactions are highly encrypted, making the exchanges highly secure. It is decentralised in nature, unlike traditional currencies, which are managed and controlled by a central authority.

Are there any good crypto podcasts?

1. CoinDesk Podcast Network. Get your daily dose of crypto news from the top news site that delivers the latest stories in the world of blockchain. The CoinDesk Podcast Network highlights stories from some of the best podcasts in the industry.

What are the 4 types of cryptocurrency?

Q #1) What are the four types of cryptocurrency? Answer: The four major types include utility, payment, security, and stablecoins. There also are DeFi tokens, NFTs, and asset-backed tokens. Of all cryptocurrencies, the most common are utility and payment tokens.

How much should I invest in cryptocurrency as a beginner?

It's your first form of investing: To echo Varun Marneni, a certified financial planner with Atlanta's CPC Advisors, it's best to have $100,000 in safe investments first before you invest in crypto.

Is crypto real money?

Cryptocurrencies are digital assets people use as investments and for online purchases. You exchange real currency, like dollars, to buy “coins” or “tokens” of a certain kind of cryptocurrency. Craft a harder-working money plan with a trusted financial pro.

Who should I follow for crypto advice?

The Top 15 Crypto Influencers You Should Be Following on Social...Vitalik Buterin - @VitalikButerin.Roger Ver - @rogerkver.Andreas M. Antonopoulos - @aantop.Tim Draper - @TimDraper.Charlie Lee - @SatoshiLite.Anthony Pompliano - @APompliano.Erik Voorhees - @ErikVoorhees.Tone Vays - @ToneVays.More items...•

Who is Anthony Pompliano?

Anthony Pompliano is an American army person and entrepreneur-turned-investor. He is a Co-Founder and Partner at Morgan Creek Digital, a leading asset manager investing capital on behalf of institutional investors across the Bitcoin and crypto ecosystem.

What is DeFi in the crypto world?

DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology. Via blockchain, DeFi allows “trust-less” banking, sidestepping traditional financial middlemen such as banks or brokers.

Which cryptocurrency will rise in 2021?

Binance Coin (BNB) Binance is the most successful cryptocurrency exchange in terms of trading volumes. Like bitcoin, binance coin keeps a hard limit on the number of tokens in circulation — in its case, 165,116,760 tokens. This helped the token price increase exponentially in 2021.

What is the difference between crypto and Bitcoin?

Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds.

What is the next big cryptocurrency?

1. Ethereum (ETH) Ethereum, commonly known as ether, is the world's second-largest cryptocurrency behind bitcoin, even outperforming bitcoin at times.

Crypto Podcasts

Looking for the best crypto podcasts of 2022? Cryptocurrency is an ever-changing market — new options are popping up on what seems like a daily basis. Bitcoin is the leader in the crypto market and since its invention in 2008, it has taken the world by storm.

Here are the BEST Crypto podcasts of 2022

So, the question is, where do you find the best information to guide you through the crypto world? The answer is taking advantage of the best podcasts out there of course. Below is a list of the best bitcoin and crypto podcasts for your listening pleasure.

1. Unchained

Former Forbes Editor Laura Shin has interviewed the likes of Vitalik Buterin and CZ. The Unchained podcast is undoubtedly one of the best, covering topics like financial services, technology, health care, and government policy. After all, Shin is a crypto expert.

2. Crypto Talks by Nethone

The idea behind Crypto Talks is to explain cryptocurrency topics in plain English. The aim is to share knowledge about crypto and promote solutions from the industry.

3. Unconfirmed

Unconfirmed is a weekly 20-minute podcast highlighting the week’s top news on the crypto market. It also features the opinions of developers, reporters, company directors, industry experts, and movers and shakers. These podcasts signify a slightly different approach to crypto.

4. What Bitcoin Did

What Bitcoin Did provides insight into the latest trends and events touching on the crypto industry, specifically bitcoin. Beginners find this podcast a resourceful tool to learn the ropes and further their crypto journey. McCormack started the podcast when he was a newbie to Bitcoin and cryptocurrencies.

5. Stephan Livera Podcast

Stephan Livera uses his podcasts to dissect serious topics that arise in the cryptocurrency world. This podcast devotes more time to bitcoin, so investors and traders can learn more about the cryptocurrency. The podcast began airing in 2018.

6. The Pomp Podcast

The Pomp Podcast by Anthony Pompliano explores various perspectives on diverse topics. He features high-profile CEOs and traders who offer advice to new investors. As a result, Anthony Pompliano’s content carries guests’ opinions and their crypto knowledge.

7. The Bad Crypto Podcast

If you are in for something simple, free of technical terminologies, you should consider The Bad Crypto Podcast. Most importantly, their topics are entertaining and perfect for anyone looking to get started in crypto.

Why do cryptos go together?

A crypto’s governance system provides a means of upgrading the infrastructure to scale as demand increases. Crypto currencies are made up of interdependent foundational technologies. If one is missing, everything could crumble. That’s why cryptocurrency and blockchain usually go together.

What is Bitcoin used for?

To name a few, Bitcoin uses: peer-to-peer (P2P) network. blockchain.

Why is blockchain different from internet?

Conversely, cryptocurrency protocols (also called blockchain protocols) are unique from one another. It’s the reason why a blockchain doesn’t operate exactly in the same way as another.

What cryptos offer greater privacy?

Monero’s XMR, Zcash’s ZEC, and Bytecoin’s BCN offer greater privacy. Despite the top cryptocurrency’s technical downfalls, 11% of its holders use it to pay for goods and services. The majority of bitcoin investors don’t barter this crypto for anything else, though. That’s because of its extremely limited supply.

How do miners make money in a PoW system?

They make money through transaction fees on top of the crypto reward they receive for their work.

What is crypto used for?

You can use them for valuing goods and services, calculations, and recording financial transactions like payments or debts.

What is a usage token?

These cryptocurrencies are valuable only in their corresponding apps, which are built on top of protocols. Usage tokens represent one of the two groups of app coins that function as mediums of exchange.

What Is Cryptocurrency?

Crypto is a digital asset or, more specifically, a digital currency. The elusive Satoshi Nakamoto created the first crypto coin, Bitcoin, in 2009, setting a precedent for many other cryptocurrencies (altcoins) to come into existence.

How Crypto Works

Next in our Cryptocurrency for Dummies guide, we’ll look at the mechanics behind cyber money. But to understand how cryptocurrency works, you need to have some knowledge of blockchain technology.

How Many Different Cryptocurrencies Are There?

There are currently 5,000 to 7,000 cryptocurrencies in existence. Yet, only a few are used in the mainstream. The most well-known cryptocurrencies include:

What Is Cryptocurrency Used for?

You can buy and sell cryptocurrency by exchanging it for fiat currency or alternative digital currencies, or you can send and receive crypto from one user to another. Similarly, you can buy cryptocurrency and hold on to it in the hope that its value will rise, and you can generate a profit by selling it at the right time.

Pros and Cons of Crypto

The benefits of cryptocurrency often outweigh the drawbacks. But to get a clear idea of whether it’s right for you, take a look at some of the pros and cons of electronic money:

What Is a Cryptocurrency Exchange?

A cryptocurrency exchange is a platform that enables you to buy, sell or trade digital currencies. When you use a virtual coin exchange, you can purchase crypto with fiat money and store it in a digital note wallet until you decide to use it. Alternatively, you can trade one virtual currency for another or sell your digital currency for fiat money.

Wrap Up: Cryptocurrency for Dummies

Whether you’re looking for a secure and straightforward way to buy goods online, you want to invest your funds, or you’re eager to experiment with new tech, cryptocurrency may be just what you need.

What is Ethereum?

Ethereum is the second-biggest cryptocurrency by market cap after Bitcoin. It is also a decentralized computing platform that can run a wide variety of applications — including the...

What is Bitcoin?

Bitcoin is the world's first widely adopted cryptocurrency — it allows for secure and seamless peer-to-peer transactions on the internet.

What is cryptocurrency?

Bitcoin, Ethereum, and other crypto are revolutionizing how we invest, bank, and use money. Learn more in this beginner's guide.

What is a blockchain?

Cryptocurrencies like Bitcoin and Ethereum are powered by a technology called the blockchain.

Understanding your 2021 crypto taxes

Not sure if you owe taxes on your crypto? Learn how using crypto in 2021 can affect your U.S. taxes.

What to read, watch, and stream

Our guide to the best and smartest crypto articles, podcasts, and YouTube videos.

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