BITCOIN | NEW ASSET CLASS IN THE NEW NORMAL PART 2

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Published Aug 9, 2020

LINK TO PART 1 https://youtu.be/fv_dwCSlIIY

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Bitcoin is a digital currency created in January 2009 following the housing market crash. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto. The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.

There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of hundreds of other virtual currencies collectively referred to as Altcoins.

LINKS:

1. https://www.investopedia.com/terms/b/bitcoin.asp
2. https://www.investopedia.com/ask/answers/100314/what-are-advantages-paying-bitcoin.asp
3. https://www.ig.com/en/bitcoin-btc/bitcoin-halving#:~:text=A%20bitcoin%20halving%20(sometimes%20'halvening,fewer%20bitcoins%20for%20verifying%20transactions.&text=Bitcoin%20halvings%20are%20important%20events,being%20generated%20by%20the%20network.

To those who are new to the stock market, you may check this video on stock trading to jump start your investment journey.
https://www.youtube.com/playlist?list=PLR01Fj_Sifly7F0nWbO9CoFWK4muT2YZC

To those who want to invest and put their money on stocks, check this playlist:
https://www.youtube.com/playlist?list=PLR01Fj_SiflxzlHdA-m-SShb37lyo1OWs

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