Daily Archives: October 20, 2023

Hello everyone. I’m your host of “The Geeky Boomer” podcast, and today, I’m excited to share my exploration into the world of cryptocurrency. This blog post is a comprehensive guide to understanding cryptocurrency, its workings, benefits, risks, and future potential. I want to clarify that I’m not providing investment advice or passing judgment on whether cryptocurrency is good or bad. Instead, I aim to help myself and you, my readers, understand the complex world of crypto. What is Cryptocurrency? Cryptocurrency is a form of digital or virtual money that exists solely in the digital realm and is not controlled by any central authority. It operates on decentralized networks known as blockchains, where transactions are recorded and verified by a network of computers. Cryptography is used to secure transactions and control the creation of new units. Most cryptocurrencies operate on blockchain technology, a digital ledger recording all transactions. Types of Tokens […]