Ask Amy show notes: Bitcoin for beginners


Cryptocurrency is a form of digital payment and you may notice more businesses using it for everyday transactions. Bitcoin is the most popular form of cryptocurrency. It’s a whole new world and if you’re interested in getting started, there are a few things you need to know.

Author and lawyer Clayton Rawlings wrote the book “Bitcoin for Beginners”. He joins Amy Davis to share what he learned in the process of buying and selling crypto.

Watch the episode in the video link posted above.

Websites mentioned in this episode

Coinbase – reputable site where you can buy and sell cryptocurrencies

What is Cryptocurrency? Latest crypto news.

For quick reference, you can scroll through these timecodes within the episode to hear a specific topic

:50 why be interested in bitcoin to begin with?

2:50 How buying bitcoins can help you

3:15 How to get started with bitcoin if you are interested

4:24 why can’t we just create more code to make more bitcoins?

5:55 can a crypto go bankrupt?

6:13 what to buy when you start.

9:20 what is blockchain?

10:12 How does buying bitcoins work?

13:30 the breakdown of how buying bitcoins works

15:00 how a powerhouse helps explain how cryptocurrency works

16:22 How did cryptocurrency originate?

22:00 the future of cryptocurrency

Useful KPRC links related to cryptocurrency

Teen loses thousands in bitcoin fraud

Houston woman loses $12,500 in cryptocurrency scam

Be sure to speak to a legitimate customer service representative

Do you have an episode idea? We strive to bring you more consumer-related news information that you can use. Email [email protected] if you have an idea for a topic!

Copyright 2022 by KPRC Click2Houston – All Rights Reserved.

Source link


Comments are closed.