Cryptocurrency for Beginners: with Crypto Casey

This is the first episode of a weekly cryptocurrency news series called Last Week in Crypto.

We cover the latest global news stories affecting the cryptocurrency markets July 5th through 10th of 2020.

To check out the links to all of the articles we discuss, go to https://CryptoCasey.com/Last-Week-Crypto.


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=== VIDEO SUMMARY ===

Dogecoin’s trading volume surged over 683% after popular TikTok influencer James Galante challenged his followers to buy Dogecoin in an attempt to pump the price to $1 per coin so they could “all get rich.”

Argentina had a record-setting Bitcoin volume of 101 million Argentine pesos, which is roughly $1.4 million USD.

We saw the US Budget Deficit hit a record $863 billion in June, which is a 100X increase from just a year ago.

Gold hit a 9-year high supported by the prospect of a lengthy period of government stimulus to support economies harmed by the Covid crisis.

Coinbase started plans for a stock market listing that could come as early as this year, making it the first major US cryptocurrency exchange to go public.


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=== SOCIAL MEDIA LINKS ===

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=== DONATIONS ===

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♥ ETH - 0xf94c719621E358890Dd33dD010a1fb4717EbdaE4

This is a beginner's guide about DeFi, or decentralized finance, products and services being build on the Ethereum ecosystem.


=== VIDEO SUMMARY ===

DeFi is the trendy shortened version of the term “decentralized finance.”

Currently, the entire traditional finance industry is “centralized.”

So, although DeFi stands for the term “decentralized finance,” the word DeFi is used colloquially to describe the movement or crusade towards a low-cost, fast, efficient, trustworthy, and completely transparent global financial ecosystem that operates without any central authority and is highly accessible to everyone around the world with just a smart phone or internet connection.

The new financial era will operate on the very place from which numbers, mathematics, physics, and computer science were derived: the ever-enduring fabric of the universe.

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● Website - https://cryptocasey.com/


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♥ ETH - 0xf94c719621E358890Dd33dD010a1fb4717EbdaE4

This is a simple explanation of the bitcoin halving event that occurred in May of 2020.


=== VIDEO SUMMARY ===

In this video we will be talking about the bitcoin halving, or "halvening," event that took place in May 2020.

We go over what halving is, why halving takes place, and what implications halving has for the future of bitcoin.

The bitcoin blockchain is basically a live, running record of all the bitcoin transactions.

Once a certain amount of transaction data has been collected, a block is formed and added to the ledger.

The basic structure of the bitcoin blockchain consists of a network of computers around the world with bitcoin software installed on them.

The verification and posting of transactions on the blockchain is completed by miners via a process called mining.

The basic concept you need to know about bitcoin mining to better understand the bitcoin halving event, is that miners are rewarded with bitcoin each time they verify a new block of transactions.

These rewards are in place to incentivize miners to participate in the mining process to ensure the bitcoin network continues to be audited and essentially maintained.

Halving, in terms of bitcoin, refers to the reduction in bitcoin block rewards issued to miners by half.

When the halving occurred in May 2020, the block reward halved, or reduced by half, which gives miners 6.25 BTC of newly minted bitcoin per validated block.



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=== SOCIAL MEDIA LINKS ===

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● Website - https://cryptocasey.com/


=== DONATIONS ===

♥ BTC - 12XfdCJqEuRRzMrcD1YaE5kHeSShdkcW3G

♥ ETH - 0xf94c719621E358890Dd33dD010a1fb4717EbdaE4<

This is a simple guide about the Ethereum 2.0 upgrade and what's on the horizon for the future of this blockchain project.

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♦ Coinbase - Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/57605a33b9140001c900020b

● Instagram: https://www.instagram.com/cryptocasey/

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======== SUMMARY =======

This is an audio guide all about Ethereum 2.0.

Later this year, Ethereum will start to undergo a major network update that has been nicknamed Ethereum 2.0, ETH2, and Serenity.

Ethereum 2.0 will allow the platform to handle the growing demand for DApps and the DeFi movement at large.

There are many phases to this massive upgrade, so it will take a a few years until it's 100% complete.

Phase 0 is the initial phase of the Ethereum 2.0 upgrade.

Ethereum 2.0 is being built on a new blockchain network called the Beacon chain.

And on the Beacon chain, a new way of validating blocks of data will be implemented called proof-of-stake.

In Phase 1 of the ETH2 upgrade, shard chains will be implemented, which is also referred to as sharding.

And sharding is a database management technique that involves simply partitioning large databases into smaller and faster databases.

And in Phase 2, the EVM will be replaced by a new virtual machine called eWASM, which will be Ethereum’s version of WebAssembly code, or WASM.

Phase 3 and beyond will involve upgrades to consensus, upgrades to scaling,and basically any further technical upgrades that need to be implemented to maintain the Ethereum 2.0 ecosystem.

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● Website - https://cryptocasey.com/

======== DONATIONS ========

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♥ ETH - 0xf94c71

This is a podcast for beginners about basic investing and technology concepts that are important to understand before investing in digital assets like Bitcoin, Ethereum, and other cryptocurrencies.

That way you have a solid foundation to build your cryptocurrency knowledge on going forward as an informed investor.

I’ve broken up this guide into 3 chapters to make it easy for you to follow and understand.

Make sure you check out my YouTube channel at YouTube.com/CryptoCasey for video versions of these podcasts.

Before you start transforming some of your wealth into digital assets like cryptocurrency, I want to share with you two important things you need to know.

Number one, these types of investments are not like anything else you may be familiar with. 

Unlike banks, credit unions, and traditional stock exchanges, there are virtually no fail safes in place to protect you if you make a mistake or don’t understand what you’re doing.

The second thing you need to know is the golden rule of investing:

NEVER invest more than you can afford to lose.

So you need to figure out an amount you are comfortable investing and, more importantly, an amount you can truly afford to invest – then you need to stick with that amount and be patient in the process.

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</

Blockchain Explained: What is Blockchain and How does Blockchain Technology Work? This is a Simple Explanation of Blockchain Technology!

Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/57605a3...

This video provides simple examples about how blockchain works, why the technology was created, how blockchain is being used now with bitcoin, and how blockchain could be used in the future.

The blockchain foundation allows bitcoin currency transactions to occur securely and privately, while maintaining the accuracy of the transactions by posting a time-stamped, unmodifiable record of the transaction to a public ledger without the use of a third party.

Blockchain technology creates transparency, validates and secures records, and eliminates middleman or third parties.


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● Business Contact: [email protected]

● Website:

This is a simple explanation of what Ethereum is and how it works.

======== LINKS TO ACCESS SITES SAFELY ========

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● Instagram: https://www.instagram.com/cryptocasey/

● YouTube: https://www.YouTube.com/cryptocasey/

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======== SUMMARY =======

This is an audio guide all about Ethereum.

Vitalik Buterin, is a Russian-Canadian programmer and cryptocurrency researcher who came up with the idea for Ethereum in 2013, which finally went live in 2015.

The most plain and simple explanation of Ethereum can be broken down into two words:

Software platform.

Now, what makes Ethereum different from other software platforms is that it is a blockchain-based software platform.

The most plain and simple explanation of blockchain is that it’s records of data stored on a network of computers.

Ether is the Ethereum blockchain’s native cryptocurrency.

To incentivize people to host and maintain the data on the blockchain, Ether was created as a form of payment to fuel the Ethereum network.

Later this year, Ethereum will start to undergo a major network update that has been nicknamed Ethereum 2.0, Eth2, and Serenity.

One of the main goals of this update is to improve the Ethereum network’s efficiency and ability to scale.

Ethereum 2.0 will allow the platform to handle the growing demand for DApps and the DeFi movement at large.

There are many phases to this massive upgrade, so if everything stays on schedule,  it will be a few years until the upgrade is 100% implemented and complete.

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======== SOCIAL MEDIA LINKS ========

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● Business Contact - [email protected]

● Website - https://cryptocasey.com/

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This is an audio guide for beginners about what bitcoin is and how it works.

======== LINKS TO ACCESS SITES SAFELY ========

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======== SUMMARY ========

We break down bitcoin into simple concepts together, so by the end of the podcast, you will understand why bitcoin was created and the technology behind bitcoin.

If you Google search, “What is Bitcoin?,” you get answers like: “Bitcoin is the first decentralized open source, peer-to-peer network that is powered by its users with no central authority or middlemen using blockchain technology.”

Bitcoin may seem like a difficult concept to wrap your head around, yet it’s actually way simpler than most people think. 

Using bitcoin, you can send and receive value directly to anyone around the world, anytime.

One of the hangups people have with understanding bitcoin, is just another thing we’ve been conditioned to accept as standard business practice: which is separation between value and storage or transference of that value.

So we own and hold fiat like US dollars as something representative of value, yet use completely separate mechanisms to actually use it, store it, and move it around.

So instead of having fiat represent value and paying financial businesses like Venmo and JP-Morgan Chase to move it around and store it, Bitcoin is both value and a means to transfer, store, and manage that value.

This is because bitcoin is both digital value and it’s a network that can store and transfer the bits of digital value.

Value and usage of the value is simply one unified system in the case of bitcoin.

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♦ Recommended Encrypted Email Account for Managing Cryptocurrency Accounts: ProtonMail Link - http://proton.go2cloud.org/SH1f

======== SOCIAL MEDIA LINKS ========

● Facebook Page - https://www.facebook.com/cryptocasey/

● Twitter: https://twitter.com/cryptocasey

● Instagram: https://www.instagram.com/cryptocasey/

● Business Contact - [email protected]

● Website - https://CryptoCasey.com/

======== DONATIONS ========

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♥ ETH - 0xf94c719621E358890Dd33dD010a