You are viewing a single comment's thread from:

RE: How do you explain crypto to your wife?

in The CTP Swarm2 months ago

First just start by explaing that a cryptocurrency on a blockchain is just a digital cash journal, that everyone have the journal and are validating that all transactions does not break the agreed upon rules, and that each transaction is locked by a crypto key.

Next explain that Hive has a built in social media in that journal, and that each interface uses that journal to store the posts, comments, votes and transactions that you make, and which you sign with your accounts crypto keys.

And finally explain that Tokens are like gift cards, and each Tribe the store where you use it while Hive is more like the Dollar which everyone uses.

Sort:  

The open ledger is key. If you're bored some time...I made a series of comics that "explain" bitcoin. The series is called "Bitkenstan" and episodes 77-86 are the bitcoin 101 lessons. Ep 82 talks about the ledger and 84 uses a scoreboard instead of a ledger. (It's a story, best understood in order.) Link https://bitkenstan.com/list/index.html !LUV

That is great, keep up the good work and enjoy your day.

2 credits and 3 bonus credits added

Thank you very much.

I like your step by step approach. I think the sequence really matters and it should become understandable really quickly. Too much theory will make it difficult I believe.

Thanks a lot for your comment!

!ENGAGE 20

Yeah it needs to be easy and simple.

There has already been too much ENGAGE today.

Hi @flaxz.ctp, you were just shared some LUV thanks to @crrdlx. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares