Cryptocurrencies are a new type of money.
Instead of basing their value on a promise, they are backed by mathematics. In 2009, an anonymous computer scientist created the world’s first cryptocurrency called BitCoin. At the time they were worthless. Their purpose was to prove the concept that digital currencies could be created and exchanged.
Today each BitCoin is worth more than $9,000.
There are also now more than 8,000 cryptocurrencies on the market. Over the last 8 years, an entire worldwide community has blossomed around the idea of creating money that doesn’t depend on any third party institution or entity.
That market is now worth almost $200 billion and is growing at a furious pace.
Cryptocurrency and block chain marketing specialist, Dennis Lewis joins Adam to share more about this new currency and how you can get a piece of the pie.
If you want to learn more about this new world of money, join us!