Rabbit Hole - Cryptocurrency Part 1: The Basics of Blockchain and Bitcoin

The Plan B CRNA Podcast

Cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority. As the popularity of crypto increases so does the question of understanding. With the many avenues of crypto, it's hard to decipher where to start learning how it all works.

In today's Rabbit Hole episode I delve into the basics of blockchain and Bitcoin. I break down how the blockchain works, including 3 key concepts and how different industries utilize the blockchain. I also dive into the number one cryptocurrency bitcoin and how its created and its 4-year cycle.

As always here are a few links and resources for you to continue your research into blockchain and bitcoin.

• The Truth About Crypto: A Practical, Easy-to-Understand Guide to Bitcoin, Blockchain, NFTs, and Other Digital Assets by Rick Edelman.
• The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
• The Only Cryptocurrency Investing Book You’ll Ever Need: An Absolute Beginner’s Guide to the Biggest Millionaire Maker Asset of 2022 and Beyond - Including How to Make Money from NFTs by Freeman Publications
• https://link.springer.com/article/10.1007/BF00196791
• https://www.investopedia.com/terms/b/blockchain.asp
• https://www.businesstechweekly.com/finance-and-accounting/fintech/blockchain-principles/
• https://blog.unocoin.com/bitcoin-miners-vs-bitcoin-nodes-6a4d35be9712
• https://www.simplilearn.com/bitcoin-mining-explained-article
• https://www.investopedia.com/ask/answers/100314/why-do-bitcoins-have-value.asp
• https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/
• https://www.thisismoney.co.uk/money/investing/article-10711461/The-cult-crypto-Inside-worlds-biggest-bitcoin-party.html
• https://www.investopedia.com/news/how-blockchain-technology-changing-real-estate/

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