Cryptocurrency is either the future or a fad, depending on whom you ask. Either way, there are plenty of misconceptions about cryptocurrency that need to be debunked. Are NFTs different than crypto? How does a blockchain work? What is crypto mining’s environmental impact? What happens when the crypto market fluctuates?
Host Justin Dodd breaks down some common myths and misconceptions about the transactional world of cryptocurrency.
Website:
Twitter:
Facebook:
source
"The US has operated on a fiat money system." That is incorrect, the US dollar is not a fiat currency. It's value is based on (backed by) the worlds demand for Saudi / OPEC oil. That is why it's referred to as the "petro-dollar". The "petro-dollar" is also the reason why it's so hard to make progress on climate change.
was this video sponsored by bitcoin
A (blank) and their (blank) soon are (blank). Fill in the blanks!
This season has been really great, I've been making massive profits on my crypto investment all thanks to Expert Frederick Joseph.
this still doesnt really help me understand what all of this stuff is. you get lots of computers to solve some equations (created by …. someone) and when you do that you have money? how do you find them, how do you make your computer deal with them? did some eccentric billionaire go online and say somewhere – "i have created a little game for you all." it all sounds like the imagination games little kids play.
Bitcoin is doing better than the US dollar. Think about that. A free, unregulated currency is of higher value than the Fed's dollar. The reason why everything seems so expensive now is because the value of our dollar has dropped a lot in just the past 2 years. Part of the reason was because everyone wanted to get those "free" checks the government passed out to everyone during covid. Oh… You really thought that money was free? No, we'll be paying that back and then some. This is why we need less government control, less reliance on the Fed, and more liberty when it comes to the market. Bitcoin represents that.
looks like most comments are bots who read the title and saw "crytpo currency" and give you empty praise then push thier crypto schemes on the comments section.
Policies like governments accepting Crypto as a tax payment is just a publicity stunt.
I want any money paid to a government to have a guaranteed value, not cripple their budget because of bad day's trading.
It was probably cooked up by some politician trying to appeal to the youth. Stop it! Try appealing to the youth by having well thought-out policies that benefit people's lives!
Crypto has been around for over a decade and the only time it goes mainstream is when people are trying to maximize scams. If it could ever have any benefit to the world, the saying is, "furries would have found it five years ago."
It's an entire system that looks at the power of communication and computation and says "You know what this infinite potential needs? Scarcity!" These folks are trying to print "money" without providing anyone with any value.
Fortune favors the brave.
Mrs Kimberly is legit and her method works like magic I keep on earning every single week with her new strategy
Crypto is ultimately just an occulted kind of Ponzi scheme. Don’t buy the hype. Capitalism is at a terminal crisis and techno bros will not save us.
Using the OJA wallet will provide you with a safe, convenient, alternative way to store your funds.
Despite the fluctuation in the economy, I’m so excited I’ve been earning $45,000 from my $10,000 investment everyday 10days.
350
Very good channel, respect to the author! And of course I love it! But I would like to see on your channel a review of the new farcana project! I don’t know much about them, they launched farcana mini, where you can take part and play without investment, there is a prize pool for a week up to $800, the competition is not big, the chances of winning are very high). Thanks in advance)
like your shirt
OJA Smart Chain
An innovative solution to bring programmability and interoperability to OJA Ecosystem.
I will forever appreciate this channel and Mrs Sonja Verlina, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you
Bitcoin and most other cryptos are surveillance coins.
OJA is a wallet system that will be developed for fast, secure and easy transactions on the ecosystem separate from the OJA crypto trading platform.
Wait… There are stable coins that are backed by the US dollar that are supposed to be a 1:1 swap? Isn't that what a bank account is? The amount of money I have is stored as digital information that I can then convert into physical cash at an ATM or bank. This is just making money needlessly complicated.
crypto is so incredibly stupid and wasteful.
Have you seen the trailer for Farcana game? I saw on YouTube yesterday by chance, he pleasantly surprised me. I think to continue to follow him. what can you say about it? I would like your review because I don't know much about it
I remember when I just started with crypto in 2017 but later in 2018 I finally sold it because I was stupid and didn't understand it. I studied and learned and now I know how it works. I got back into crypto in early 2021 and it looks like we have the same mentality. I admit it hurts to see a -50% reading, but it's not a realized loss until you sell. Now I just buy and trade and I'm super picky who I listen to for cryptanalysis as well..with Karl Walter in a few weeks, I made over 22 BTC with Karltradesignal in a few weeks, this is one of the best backup you have incase it all goes bullish.
"You shouldn't put in anything you can't afford to lose."
That is an excellent piece of advice for so many things where money is involved. Like buying a new(ish) car: don't buy one you can't guarantee that you can make the payments for, no matter how nice it is. Cars very, very rarely can be resold for what you've paid out, including classics!
If you like gambling, never take out more cash than you can set fire to, and never take your credit card with you! Then go knock yourself out, it'll be the equivalent of a good night clubbing or whatever. But remember that the house always wins and "just one more go" is highly unlikely to recover your losses. Accept these losses and go home when you're out of cash. If you don't, you'll be digging your own grave.
Justin's right, NFTs are dumb. They always were, they always will be and smaller artists hate how easy it is to make NFTs from their work.
This is the one MentalFloss video they should disable comments on.