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What is Cryptocurrency? Bitcoin? Blockchain?

Hey!

So, you asked uncle google what is that new thing everyone is talking about… bitcoin and the cryptocurrencies and blockchain…

Smart move!

After all, this is the future we’re talking about…

This article will hopefully give you all the answers you are looking for!

So, simply put… what is blockchain?

The blockchain is most of all a groundbreaking technology which can potentially transform our world as we know it. Pretty much just like the internet did recently. It can provide the needed trust and transparency in our world.

OK, and what is bitcoin?

Bitcoin is the first project build on the blockchain. It’s a form of digital money, that can be transferred between 2 people with no 3rd party involved. Just like cash, but online.

What is cryptocurrency then?

Bitcoin is. As well as thousands of other coins which have emerged since then. Ethereum, Ripple, Litecoin to name a few… They are called altcoins. It’s weird at first because we are used to currencies being used by governments and countries, but cryptocurrencies are very very different. Often some of them do not represent a currency, but actually a technology. For example, Cardano (ADA) has nothing to do with payments.

Obviously, this is a very large topic.

Our foundation is trying to help people better understand the cryptocurrency ecosystem.

We’ve created a PDF called “Crypto Masterclass” which you can download at the bottom of this article and it will give you a better understanding of the whole crypto ecosystem.

It includes:

  • Basic explanations on what is blockchain, bitcoin, altcoins
  • How to buy and hold cryptocurrency
  • How to store (wallets)
  • How to trade
  • What are ICOs and how to invest in them
  • Mining Cryptocurrencies

The purpose of this file is just to get you going and give you your first steps towards understanding what is going on and how to acquire some crypto yourself.

The next thing which we can offer you is to join our crypto community!

Every day there is something new in this amazing new world.

New technologies, new companies, new opportunities…

We share and discuss that news, rumors, fud, etc… and help each other grow and profit.

You can join us on Facebook and Telegram,

ask questions, get answers…

share ideas and learn a whole lot than trying to figure it out by yourself in Google and YouTube.

and as of today – roughly 0.14% of the world population owns any cryptocurrency.

…and you were worried you are too late for the party?

So, go ahead…

  1. Sign up for our newsletter
  2. Read the Crypto Masterclass
  3. Join our community
  4. Change the world

To the moon!

Daniel,
The Crypto Masterclass Team
Bossless Foundation