What is Cryptocurrency? Cryptocurrencies are peer-to-peer, decentralized, digital currencies whose implementation relies on the principles of cryptography to validate the transactions and generation of the currency itself. Lets break down what that means.

-Peer-to-peer refers to each node on the network being able to connect to any other node and act as both a server and a client sharing updates to the blockchain (public ledger) without the need for a central server.

-Decentralized refers to the peer-to-peer architecture of the network. Because each node can act as both a server and a client, there is no need for a central server or centralized authority, thus effectively solving the double spending problem.

-Digital currency, among its various names, is electronic money that acts as alternative currency in the digital realm (though offline adoption is increasing as well). Currently, alternative digital currencies are not produced by government-endorsed central banks nor necessarily backed by national currency.

-Cryptography relies on public and private keys for security. With cryptocurrencies every transaction has to be signed by a private key for security. Due to the strong security and well understood principles of cryptography, counterfeiting digital currencies is virtually impossible.

Why is Cryptocurrency Important?

Quite Simply, Cryptocurrencies are the fuel of a peaceful economic revolution. The ability to mint and distribute currency is the single most powerful tool utilized by non consensual governments.



Controlling a supply of currency that has a real world exchange value gives groups the power to collectively distribute synergistically created wealth to effectively convert unwanted excess into exchangeable value.

How do i obtain Cryptocurrency?



To Obtain Cryptocurrency, first, download a wallet such as Exodus. Storing your currency on a locally encrypted system like Exodus means no one can steal your money. However, if you lose access to your device AND your back-up phrase…. You will lose all of your money. Also, if someone else manages to steal your back-up phrase…. They can steal your money too. Be very careful with your back-up phrase.



Then purchase cryptocurrency through coinbase or localbitcoins. After you have a Major cryptocurrency, you can exchange it to other currencies instantaneously and easily through shapeshift.

Beyond Bitcoin



Bitcoin was the beginning of the Crypto Currency Revolution. Since then we have seen the Rise of a second generation of Online Currencies. These systems are far more advanced then their predecessor and offer much more then simple currency transactions. Of the thousand of alt coins available we recommend Etherium, Steemit Waves, Maidsafe, and Holochain because of the unique services they offer.









