What Is Cryptocurrency? (And Why Are People Investing in It?)
What is crypto? And why are people investing in it?
These are the top two questions I get asked about cryptocurrency.
It’s a fascinating idea, but it can also be hard to understand. That’s why I’m starting a new video series — Crypto 101.
This is now a huge asset class with a vast ecosystem of terms, history and “sub-genres,” if you will.
So with each new lesson, I’ll break down a different facet of these digital currencies.
- The history and evolution of crypto.
- Terms you need to know (like blockchain and consensus mechanisms).
- The “big players”: coins like bitcoin, Ethereum, and Solana.
- Crypto markets that are changing our world (like DeFi and NFTs).
And anything else you might want to know!
Today on Crypto 101, I define exactly what crypto is, the evolution of money and why crypto is crucial to our financial future!
Click the video below to start watching Lesson 1:
(If you’d like to read a transcript, click here.)
In case you missed it:
We’re sharing what you — our Winning Investor Nation— have to say about EVs, decentralized finance and going bankless.
What Do YOU Want to Know About Crypto?
After watching this video, do you still have questions about cryptocurrency?
- How it works.
- Tech jargon that confuses you.
- Specific topics you want me to cover in future videos.
Let me know in the YouTube comments, or shoot me an email at WinningInvestorDaily@BanyanHill.com.
See you next week!
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.