Crypto curious, a crypto newbie or just trying to sort it all out?This podcast is based on my book, "Beginners Guide to Cryptocurrency and Investing." I took months of research and condensed the important foundation into 50 pages. This is the audio book. You'll listen to each chapter that is informative without being overwhelming.For those of us who want to understand what it is, how it works and how to invest as safely as possible - this book breaks down the fundamentals and an 8 step guide to a solid investment strategy for cryptocurrency. Glad you're here! ~ Kitty Howard
Cryptocurrency is a new class of asset that is a decentralized digital currency. Bitcoin is considered the most decentralized and pristine. Even though there are images of bitcoins and other shiny tokens online, there is no physical cash-type cryptocurrency of value in physical existence. It is purely digital and all of its transactions are recorded on a digital ledger - known as a blockchain - through an online network.
This digital asset class does have a store of value, meaning it will retain predictable purchasing power in the future. Bitcoin has been compared to gold for this characteristic. The value is determined by the cryptocurrency investment market.
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Website:
http://KittyHoward.com
The Legal Disclaimer:
Investing in cryptocurrencies is incredibly risky and speculative. This book is not a recommendation by the writer to invest in cryptocurrencies or initial coin offerings (ICOs). Every person has a situation that is unique. Only a qualified professional financial advisor should be consulted before making any investment decisions. The author offers no warranties or representations about the accuracy or timeliness of the material provided herein. As of the date this was written, the author owns Bitcoin, Ethereum and Polkadot.
No Investment Advice: The information in this book is not intended to be investment, financial, trading, or other types of advice, and you should not take any of the book's content as such. The author does not advocate that you purchase, sell, or hold any cryptocurrency. Before making any investment decisions, do your own due diligence and talk with your financial advisor.
Accuracy of Information: The author will make every effort to ensure the accuracy of the
content in this book, but will not be held liable for any missing or incorrect information.The author provides all information as is. You acknowledge that you are using all information provided here at your own risk.
Finding a straightforward and accurate answer to this was challenging. Many of the articles I read included repetitive and glib stock answers that discuss decentralized blockchains as being governed by no one in particular but rather by a network of people on the system making up the network as a whole. This is certainly the design of Bitcoin and blockchain but there is more to it.
It took sophisticated and technologically masterful humans to conceive, develop, evolve and maintain these systems. This will continue for generations to come, so is it really plausible that it is a network of many with no central entity that has governance?
From Bitcoin.org, this is offered;
“Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.”
Website:
http://KittyHoward.com
Buy "Beginners Guide to Cryptocurrency and Investing"
The Legal Disclaimer:
Investing in cryptocurrencies is incredibly risky and speculative. This book is not a recommendation by the writer to invest in cryptocurrencies or initial coin offerings (ICOs). Every person has a situation that is unique. Only a qualified professional financial advisor should be consulted before making any investment decisions. The author offers no warranties or representations about the accuracy or timeliness of the material provided herein. As of the date this was written, the author owns Bitcoin, Ethereum and Polkadot.
No Investment Advice: The information in this book is not intended to be investment, financial, trading, or other types of advice, and you should not take any of the book's content as such. The author does not advocate that you purchase, sell, or hold any cryptocurrency. Before making any investment decisions, do your own due diligence and talk with your financial advisor.
Introduction2021 was a huge year for cryptocurrencies and the beginning of mass awareness. Some incredible highlights from the year include Bitcoin, Ethereum and alt coins reaching all time highs in value.
El Salvador legislated Bitcoin as legal tender in the country. Nations including the US, Canada and the European Union are exploring use cases for their own Central Bank Digital Currencies (CBDC). Miami and New York launched city specific crypto coins to generate revenue and pay citizens dividends.
Facebook changed its industry facing company name to, “Meta” and launched plans publicly for becoming a leader in the Metaverse development. This online real life version of “Ready Player One” (movie) is closer than most realize. Many versions of the Metaverse will continue to be developed by different companies. Education, work, games, design, real estate and more will exist in a virtual and augmented reality.
NFL and NBA athletes are taking their salaries in Bitcoin. Some teams like Mark Cuban’s Dallas Mavericks started accepting bitcoins for game tickets and merchandise. And the L.A. Lakers Staples Center in California made a deal to be renamed, “Crypto.com Arena”.
[Listen to the full episode to learn more.]
The Legal Disclaimer:
Investing in cryptocurrencies is incredibly risky and speculative. This book is not a recommendation by the writer to invest in cryptocurrencies or initial coin offerings (ICOs). Every person has a situation that is unique. Only a qualified professional financial advisor should be consulted before making any investment decisions. The author offers no warranties or representations about the accuracy or timeliness of the material provided herein. As of the date this was written, the author owns Bitcoin, Ethereum and Polkadot.
No Investment Advice: The information in this book is not intended to be investment, financial, trading, or other types of advice, and you should not take any of the book's content as such. The author does not advocate that you purchase, sell, or hold any cryptocurrency. Before making any investment decisions, do your own due diligence and talk with your financial advisor.
Accuracy of Information: The author will make every effort to ensure the accuracy of the
content in this book, but will not be held liable for any missing or incorrect information.The author provides all information as is. You acknowledge that you are using all information provided here at your own risk.
Website:
http://kittyhoward.com