Crypto Dinner with Mom

Crypto Dinner with Mom — Part 1

  • … you’ve ever been in a situation similar to the one described above
  • … you are looking for a simple way to explain the Crypto world to the people around you

What’s a Crypto Portfolio?

What are Crypto Assets?

What do the Graphs do?

So … is it Something like Bitcoin?

Now that I think about it… What is Bitcoin?

Crypto Dinner with Mom — Part II

The initial idea of Bitcoin was to create a form of money that can be used easily and independently from location or government.

“So it’s like owning equity but without actually owning it? How does this work? Are there different types of coins?”

Coin Dogs

Equity Token

Security Token

Utility Token

“So, if Cryptocurrencies are like money, can you buy stuff with them?”

Crypto Dinner with Mom — Part III

  • … you are looking for ways to explain to everyone (or understand yourself) how the Crypto space works,
  • … you want to have a clear explanation for what the differences between wallets, addresses, private and public keys are,
  • … you want to understand where and how to buy Bitcoin,
  • … you want to learn more about what kinds of coins you should invest in,
  • … you want to find out how to keep your portfolio together,
  • … you have read part I and part II of this series and want to know what happens next.

Your Mom’s Summary of Part I and Part II

“Dinner’s Ready!”

What is a Crypto Wallet?

What are Keys and Addresses?

  • The public address is like your account number.
  • The public key is like having access to your account statements without being able to do transfers.
  • The private key allows you to actually spend your coins. It also includes all information necessary to retrieve the public key and address — but it only goes one way.

Accointing by Glassnode
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15 min
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4 cards

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