Introduction to cryptocurrencies

Introduction to cryptocurrencies

I recently went down a bit of a crypto rabbit hole. I've been aware of Bitcoin since 2014, but I didn't truly understand it, and I had no idea about all the newer things in the space. Some questions I had when starting:


  1. What are exchanges?
  2. What is a wallet?
  3. What is mining?
  4. Are all cryptocurrencies terrible for the environment?
  5. How do taxes on crypto work?
  6. What is a DAO?
  7. What is the deal with NFTs?

# How I got started

First things first, I watched a few free documentaries on the history of Bitcoin.

# Crypto Documentaries I Watched

# First up, Banking on Bitcoin

Free on YouTube, Banking on Bitcoin makes a great introduction. It starts with the 2008 financial crisis and follows along with Bitcoin's creation and early history.

# Next, Cryptopia

Free with an Amazon Prime subscription, Cryptopia covers the good, the bad and the ugly of crypto.

# Short and sweet, Netflix Explained: Cryptocurrency

Season 1 of Netflix Explained has a "Cryptocurrency" episode that is very good! It's only 19 minutes long, but it covers a lot.

# Great YouTube Channels

# 99Bitcoins

https://www.youtube.com/c/Bitcoinwithpaypal

# Coin Bureau

https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw

# Crypto Lark

https://www.youtube.com/channel/UCl2oCaw8hdR_kbqyqd2klIA