From the course: Safeguarding Your Crypto: A Practical Guide to Avoiding Loss
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Final thoughts and next steps on securing cryptocurrencies
From the course: Safeguarding Your Crypto: A Practical Guide to Avoiding Loss
Final thoughts and next steps on securing cryptocurrencies
- It can be easy to forget that cryptocurrencies haven't existed for long. It all started as recently as 2008. For the first few years, cryptos weren't on the radar for most of us, including me. But the sudden and dramatic financial success of Bitcoin, Ethereum, and a handful of other cryptos caught most of us by surprise. From one day to the next, many of us were asking how this digital money, somehow spun up as bits on distributed hard drives, could have any value? Many obvious questions arose. What was meant by the double spend problem? And, what is the function of blockchain? But despite the questions and many challenges that have occurred, cryptocurrencies have continued a gradual rise to greater acceptance and maturity. When something new emerges through innovation, the first years can be rough. Early on in commercial flight, for example, a lot of planes crashed. Today, millions of people fly safely and comfortably. It took time, and there was a cost to stabilization and…
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