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2: 7 Things You Need to Know About Blockchain (Explaining It In Plain English)

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Manage episode 517831511 series 3698393
Content provided by Chelsea Morrow and National Cryptocurrency Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chelsea Morrow and National Cryptocurrency Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Almost half of people in the U.S. who don't own or use crypto say they don't understand how it all works. Nearly 70% say they'd want more information before they'd even consider getting involved. And about a third are open to learning, but the truth is… overall confidence in understanding the tech is still pretty low.

That's a huge number of people basically saying, 'I've heard the word blockchain, but I couldn't explain it even if my life depended on it.' And honestly? We get it. The word itself sounds complicated, the headlines make it feel intimidating, and the crypto hype doesn't exactly make it easier to trust. But, as crypto is becoming more mainstream, it's time that someone clearly explains what it is.

So in today's episode, we're stripping it all down. No jargon, no tech headaches, just 7 simple things you need to know about blockchain. By the end of this,hopefully you'll be able to explain it in plain English for yourself. We promise: you'll walk away from this episode with a clear, no-BS understanding of what this is all is and why it matters.

What's Discussed:

03:45 – The Biggest Myth About Blockchain, Debunked

07:10 – Blockchain Explained: The Giant Digital Notebook

12:25 – What "Decentralized" Really Means (In Plain English)

17:40 – The Google Doc Analogy That Makes Blockchain Click

22:55 – Every Transaction Is a Lego Brick That Locks in Forever

28:30 – How Blockchain Balances Privacy and Transparency

33:45 – Real-World Blockchain: How Crypto Is Modernizing Ranching

Learn more about the National Cryptocurrency Association (NCA):

Website: https://nca.org/

Twitter: https://x.com/natcryptoassoc?lang=en

Instagram: @natcryptoassoc

YouTube: https://www.youtube.com/channel/UC7_uritgUHlXQyVC3HKqJOQ

Facebook: https://www.facebook.com/natcryptoassoc/

LinkedIn: https://www.linkedin.com/company/natcryptoassoc/?viewAsMember=true

Disclaimer: This content is for educational purposes only and does not constitute financial, legal, or tax advice.
  continue reading

8 episodes

Artwork
iconShare
 
Manage episode 517831511 series 3698393
Content provided by Chelsea Morrow and National Cryptocurrency Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chelsea Morrow and National Cryptocurrency Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Almost half of people in the U.S. who don't own or use crypto say they don't understand how it all works. Nearly 70% say they'd want more information before they'd even consider getting involved. And about a third are open to learning, but the truth is… overall confidence in understanding the tech is still pretty low.

That's a huge number of people basically saying, 'I've heard the word blockchain, but I couldn't explain it even if my life depended on it.' And honestly? We get it. The word itself sounds complicated, the headlines make it feel intimidating, and the crypto hype doesn't exactly make it easier to trust. But, as crypto is becoming more mainstream, it's time that someone clearly explains what it is.

So in today's episode, we're stripping it all down. No jargon, no tech headaches, just 7 simple things you need to know about blockchain. By the end of this,hopefully you'll be able to explain it in plain English for yourself. We promise: you'll walk away from this episode with a clear, no-BS understanding of what this is all is and why it matters.

What's Discussed:

03:45 – The Biggest Myth About Blockchain, Debunked

07:10 – Blockchain Explained: The Giant Digital Notebook

12:25 – What "Decentralized" Really Means (In Plain English)

17:40 – The Google Doc Analogy That Makes Blockchain Click

22:55 – Every Transaction Is a Lego Brick That Locks in Forever

28:30 – How Blockchain Balances Privacy and Transparency

33:45 – Real-World Blockchain: How Crypto Is Modernizing Ranching

Learn more about the National Cryptocurrency Association (NCA):

Website: https://nca.org/

Twitter: https://x.com/natcryptoassoc?lang=en

Instagram: @natcryptoassoc

YouTube: https://www.youtube.com/channel/UC7_uritgUHlXQyVC3HKqJOQ

Facebook: https://www.facebook.com/natcryptoassoc/

LinkedIn: https://www.linkedin.com/company/natcryptoassoc/?viewAsMember=true

Disclaimer: This content is for educational purposes only and does not constitute financial, legal, or tax advice.
  continue reading

8 episodes

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