Cryptocurrency Explained | What is Cryptocurrency? | Cryptocurrency Explained Simply | Simplilearn

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This “Cryptocurrency Explained” video will help you understand what is a cryptocurrency, how paper money came into existence, the future of cryptocurrency, features of cryptocurrency, how cryptocurrency works, what make cryptocurrencies special, what is ‘crypto’ in cryptocurrency and you will also see a comparison between bitcoin and an ether. A cryptocurrency is a digital or virtual currency that is meant to be a medium of exchange. Today, cryptocurrencies have become a global phenomenon known to most people but not understood by many people. So, lets deep dive into this video to understand how cryptocurrency actually works.

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Below topics are explained in this “Cryptocurrency Explained” video-
1. What is cryptocurrency? ( 03:20 )
2. What makes cryptocurrencies special? ( 04:12 )
3. What’s the ‘crypto’ in cryptocurrencies? ( 04:50 )
4. Bitcoin vs Ether ( 06:39 )
5. What’s the future of cryptocurrency? ( 08:30 )

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Comments

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SUBIR NAG says:

Nice video!
But at many times, subjective opinions are stated as implied facts.
Because this kind of video is aimed at all types of audience, that has its dangers.
And not enough has been said about the disadvantage of cryptocurrency. Sounded almost like an advertising pamphlet for the technology!

Isaac Jacobi says:

what is crypto arbitrage?

Jeremiah Alfonso says:

I actually started investing in bitcoin before lockdown now I make profits more than I expected

Mack Harris says:

I think the pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn't mean security.

Lilly Shah says:

Does this mean that the value of a cryptocurrency can change at any time? That would mean that you could have gotten it at high cost but it's value can fall at any time? Then what's the use of having it? Does this mean this is just like investing in shares?

Holt Barry says:

Awesome post

Jack CM says:

you misunderstood the regulation and makes the flaws as the advantage of crypto. Its the other way around

Dikshant Rana says:

Thanks ver clear and simply explained a hard topic

KHUSHI BANAVATH says:

beautiful video ,, became a BIG FAN of u and started FEATURING YOU in my channel,,, FELLING PROUD TO DO So,,, thq u

Sanjib Das says:

Excellent work

Icyntha Lavina says:

This is the first time I've listened to a simplified and clear idea on Crypocurrency. Thank you

TheBipin819 says:

Nice. Are you in India 🇮🇳???

Giggs Hallad says:

Well detailed .thanks

Munis Ahmed says:

Nicely explained

Abdul G Khan says:

I really didnt understood your explanation. U added way more complexity

Smith Michael says:

Amazing content video

Jaelyn Nixon says:

Nice video. So, this is how it works. When trading on crypto, its just like when you are placing a bet, and you predict the outcome,but the good thing is that you are knowing the outcome(profit) .

Ayush Bhardwaj says:

Nicely explained.👏

Viji Anand says:

I am from India, I know only simple English. Superb voice with clear explanation anybody can understand.

Which country u r from

Nati Sleshi says:

nice its helpful

deb biswas says:

was easy to understand. thanks 🙂

* V * says:

Very Simply put, Thanks for explaining it so well. I was wondering if i could put your video link on my website

Ayush Purohit says:

Thank u very much

reg000 says:

Yes! Thank you! This will help me to do my research paper now. Very well explained

Wall Street Sizing Up says:

Attention All. Thank you so much for this video. Very needful information.

intertwined mpz says:

Do anyone remember the days in school when the teacher asked if everyone understand and we all said yes because no one wants to look dumb?

Money Unshackled says:

Crypto is the future, so if you want to ahead of the market become part of it

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