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Cryptocurrency Basics
- Bitcoin lets investors store wealth digitally without governments or banks.
- Ethereum makes money and computing programmable, enabling applications like smart contracts.
Smart Contracts for Concert Tickets
- A proposed use case for smart contracts involves concert tickets.
- Artists like Taylor Swift could control resales and receive a portion of the profits, benefiting both artists and fans.
Challenges and Future of Crypto
- Crypto facilitates programmable money, enabling new possibilities like artists receiving downstream revenue from art sales.
- Regulatory hurdles and blockchain limitations have hindered broader adoption but are improving.