Get an overview of how blockchain, digital wallets, exchanges, and private keys work. More Simply Explained videos about:
– Blockchain: https://youtu.be/SSo_EIwHSd4
– NFTs: https://youtu.be/FkUn86bH34M
– Smart contracts: https://youtu.be/ZE2HxTmxfrI Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. This is a talk I gave at the CatholicCryptoConference in 2022. 💌 My newsletter
Once a month, featuring cool things from around the internet: https://newsletter.simplyexplained.com 🌍 Social
Twitter: https://twitter.com/Savjee
Blog: https://savjee.be ❤️ Become a Simply Explained member: https://www.youtube.com/channel/UCnxrdFPXJMeHru_b4Q_vTPQ/join — ⏱️ Timestamps
00:00 Introduction
01:43 What is a (crypto)currency?
06:42 How a blockchain works
15:26 How to buy crypto and where is it stored?
17:54 Wallets and private keys
23:50 Is there only 1 blockchain? And why so many cryptocurrencies?
28:31 Downsides of cryptocurrencies
34:00 Outro https://www.youtube.com/watch?v=vJfdO9QuroY

DeFi is the financial system built for the internet age. How does that work? How can it be used? What DeFi applications already exist? Learn everything during this 30min talk. Simply Explained! More Simply Explained videos about:
– Blockchain: https://youtu.be/SSo_EIwHSd4
– NFTs: https://youtu.be/FkUn86bH34M
– Smart contracts: https://youtu.be/ZE2HxTmxfrI DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology. Via blockchain, DeFi allows “trust-less” banking, sidestepping traditional financial middlemen such as banks or brokers. DeFi use-cases include money transfers, loans, insurance, crowdfunding, NFTs, initial coin offerings (ICOs), decentralized exchanges, stablecoins, prediction markets, and more. As with all things, this new industry also has shortcomings. This is a talk I gave at the CatholicCryptoConference in 2022. 💌 My newsletter
Once a month, featuring cool things from around the internet: https://newsletter.simplyexplained.com 🌍 Social
Twitter: https://twitter.com/Savjee
Blog: https://savjee.be ❤️ Become a Simply Explained member: https://www.youtube.com/channel/UCnxrdFPXJMeHru_b4Q_vTPQ/join — ⏱️ Timestamps
00:00 Intro
01:45 What is DeFi?
03:37 How blockchains work
05:29 What are smart contracts?
07:18 Example 1 – Crowdfunding
09:44 Example 2 – Decentralized Exchanges
11:27 Example 3 – Decentralized lending
13:36 Example 4 – Real-time Finance
14:37 Example 5 – NFT, Non-Fungible Tokens
17:58 Example 6 – DAO – Decentralized Autonomous Organization
21:44 Time traveler unmasked
22:30 Advantages and disadvantages of DeFi
28:26 On what blockchain do DeFi apps run? And how big is DeFi?
30:30 Outro https://www.youtube.com/watch?v=vocM1bRVZmg

ChatGPT has a lot of use cases for Data Analysts! In this video we walk through my favorite things to use ChatGPT and we also take a look at how it can help us analyze data. PUBLICATION PERMISSIONS:
Original video was published with the Creative Commons Attribution license (reuse allowed). Link: https://www.youtube.com/watch?v=C75TROiiEa0 https://www.youtube.com/watch?v=VKRGbgS0WEc