XRP_Productions' Beginner's Guide to Cryptocurrency

As we progress further into 2020, a year which many are already deeming “The Year of Digital Assets,” it is imperative to have easy-to-follow resources for family and friends who might be considering entering the space with their investment monies.

Imagine Grandma Ethel or Uncle Ward facing the intimidating task of journeying into the frightening land of blockchain for the first time. What's a token? What gives it its worth? How do I know it's safe? Who is this Satoshi guy, anyway? Yikes! Quite a challenge!

This is why XRP the Standard Productions has taken it upon ourselves to lay out the basics of cryptocurrency in a fun, educational, and gentle format.

We implore you to bookmark this article. Sit down with Aunt Bertha, Cousin Luther, and Grandpa Gene and show them that blockchain isn't scary. It isn't evil. It's an exciting part of a future that they will be glad they took part in.

Cheers, friends... we really hope this information helps... and happy crypto-investing!

What is blockchain?

Blockchain is a whole bunch of computers and algorithms and they're tied together somehow.

*What is Cryptocurrency?*

It's computer money and sometimes blockchain makes computer money and you can buy the computer money by patching into it and putting in the right codes but don't put in the wrong codes otherwise you could lose all of your computer money.

Is it Safe to Buy and Hold Cryptocurrency?

Yes. Some of the time. But don't buy the wrong stuff and don't fall for scams because they're everywhere and sometimes even really tech-minded people can't tell the difference.

What is Cryptocurrency Backed By?

Computers.

What's the Easiest Way to Purchase Cryptocurrency?

Go onto an exchange and give them all of your personal information and then give them a bunch of money but you'll probably have to pay a bunch of huge fees then you'll need to zap your cryptocurrency that you buy over to a cold wallet. That part is really complicated and you might lose all of your crypto but you're the one who wanted to take this risk so you can't complain.

Could I Really Become Rich Investing in Cryptocurrency?

Yes, but probably not when you really think about it.

Just Who Was That Satoshi Guy Who Invented Bitcoin?

We think 'he' was really a clandestine government organization that was making this computer money to eventually start a global financial reset that would somehow end up enslaving massive amounts of people but he also might have just been some nerd.

See? Crypto isn't the frightening, volatile monster that you once thought. Welcome aboard, everyone!

Coil subscribers can see the beginner's guide to XRP below

... and CLICK HERE for more stories the main stream crypto news media is AFRAID to tell. You're welcome, world.

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