Activity Lesson 5

https://medium.com/novamining/main-differences-between-pow-and-pos-cryptocurrency-mining-c4cc279d9739
the aspect it communicates to people who dont know about crypto. also gives some information on abbreviations and what they mean.

Don’t think I need to explain… It’s about the monetary properties of money… I am so new to this that this was me maybe 2mo this ago🤣

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Benake

Only 21 million can be mined and that’s it

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2636rk

Bitcoin is a better store of value than stocks because it cannot be manipulated by governments artificially inflating its value by printing fiat.

From u/CryptoManiaks

great movie and great idea

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BItcoin meme :slight_smile:

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https://coinmixed.eu/the-best-crypto-memes-that-will-get-you-through-a-bear-market/

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All you need is access to the internet, a smartphone, or computer, nothing else, bitcoin is liberated from traditional ways of banking and managing assets.

The first step towards a free market.

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hahah I love it! I can relate to this so much!

This one is effective bacause it suggests that bitcoin can be used as some form of currency.MW-FS305_hodlin_20170814145501_NS

This one is effective because it suggests that bitcoin can be used as some form of currency.MW-FS305_hodlin_20170814145501_NS

https://www.google.com/url?sa=i&url=https%3A%2F%2Fcoinmixed.eu%2Fthe-best-crypto-memes-that-will-get-you-through-a-bear-market%2F&psig=AOvVaw32svqeuo8MBWBi49fdULEk&ust=1609627730089000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCICMlN3o--0CFQAAAAAdAAAAABAD

Basically, the meme is the US Dollar getting jealous now that whoever saw the meme is discovering Bitcoin. The US dollar should be jealous to since Bitcoin is better.

This shows that bitcoin is a storge of value.
Which is a monetary property.


Bitcoin is volatile, and constantly changes in price. You never know definitively where it is going to go pricewise. Buying it comes with a risk of losing money.

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Bitcoin has a fixed supply with a predictable inflation schedule. This enables it to be used as a measuring stick for value making for an excellent unit of account.

I don’t know if I could sum it up better.

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POW is great. It will stop the lazy people of stealing the scared peoples money. Scared people as in to scared to say something about it and now you do the person next to you’s job as well. haha

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Seems like it is logical but hard to comprehend for us.

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