Bitcoin and cryptocurrencies are relatively new to the game and many people are still trying to fully understand them.
Here’s an easy-to-follow animation which should make it clear, even to individuals who aren’t tech-savvy, what bitcoin and cryptocurrencies are all about.
Bitcoin and Cryptocurrencies Explained in 1 Minute
The value of crpyto and bitcoin lies in the fact that they are desirable and limited in quality.
Cryptocurrency has a cap on how many can be mined and crpytography secures transactions.
Bitcoin is currently the leader of the cryptoworld.
To learn more about Bitcoin check out: A Short Guide to Bitcoin Forks
If you are considering adding crypto to your portfolio check out: 6 Crypto Strategies You Need to Use.