

What Business Leaders Should Know About Cryptocurrency
Dec 1, 2020
Jeff John Roberts, an expert on cryptocurrency and author of "Kings of Crypto," breaks down the essentials of digital currencies. He explains why Bitcoin and blockchain technology aren't just fads but are here to revolutionize transactions. Roberts discusses the hesitancy among business leaders and how perceptions are changing, especially regarding Bitcoin's evolution. He highlights the growing role of cryptocurrency in business, encouraging leaders to adapt to these technologies as a new frontier in financial transactions.
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Cryptocurrency Explained
- Cryptocurrency, like Bitcoin, is simply software for tracking money.
- Blockchain, the underlying technology, provides a tamper-proof transaction record.
Cryptocurrency Proliferation
- Bitcoin is the most popular cryptocurrency, but many others exist, similar to how many apps exist.
- These cryptocurrencies utilize blockchain's principles for creating tamper-proof transaction ledgers.
Decentralized Ledger
- The blockchain ledger is maintained by a decentralized network of computers globally.
- This decentralized network ensures the tamper-proof and reliable nature of Bitcoin transactions.