Download "Cryptocurrency: A Complete Explanation for Dummies"

The store is open 24/7. Original CaseGuru headphones — https://cgpods.ru/simple24 . Promo code for a discount of up to 500 rubles: SIMPLE24 Delivery from 1 day across Russia, Belarus, and Kazakhstan. CaseGuru warranty: 1 year + lifetime service. Check your car for 0 rubles at FIT SERVICE: https://fitservice.ru/q28w In 2010, a schoolboy named Vitalik faced life's injustice. He, like millions of others, played the popular online game World of Warcraft and developed his character. But one day, the developers simply nerfed Vitalik's character. Someone else would have continued playing the game and forgotten about it after a couple of days, but not Vitalik. He realized that a centralized system could change the rules at any time, and there was nothing you could do about it. Vitalik's frustration was so profound that he began searching for a way to counteract authoritarian monopoly power. Then he stumbled upon the idea of ​​Bitcoin – an unknown coin powered by an obscure blockchain. This technology offered decentralization and freedom in everything from gaming to government. Vitalik was so enamored with the idea that he spent the next few years studying and refining it, and in 2014, he launched his own cryptocurrency, which raised $18 million. The man I just told you about is Vitalik Buterin, the creator of smart contract technology and the Ethereum cryptocurrency, now valued at over $300 billion. If all these words sound confusing to you, then this new video is just for you. You've probably heard of cryptocurrencies, but you probably think they're some kind of semi-legal bubble that's best left alone, lest it burst any day. But that's what people once said about the internet, and today we can't imagine life without it. And who knows, maybe right now you're missing out on the chance to be among the first to experience humanity's greatest financial invention? In this video, we explain in detail how cryptocurrencies emerged and how they work. You'll learn why people are willing to pay tens of thousands of dollars for Bitcoin, and just recently, people were selling their apartments to buy pictures from the internet. Finally, we'll explain why governments are slow to recognize cryptocurrencies, yet are developing their own digital currencies. Welcome to the exciting world of the financial future! Additional materials will be available here: https://t.me/prostoecon ► Daily educational posts on economics: https://t.me/prostoecon ► Economic memes: https://vk.com/prostoecon 🫂 Become a channel sponsor and read exclusive content: https://boosty.to/ez_educate 💵 For advertising inquiries: prostoecon.ad@gmail.com 🤝 Contact the author: econeducate@gmail.com The channel's author is a PhD candidate in economics and an economics teacher at a Russian university. The Simple Economy channel was originally created for students to explain complex economic issues in simple and understandable language using illustrative examples. Today, Simple Economy is a team of several people producing videos on current economic topics in a popular science style. Subscribe – this is where economics becomes truly interesting. Source links: https://boosty.to/ez_educate/ #cryptocurrency #finance #economics