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Cryptocurrency 101 Presented by the Village Men’s Group
Wednesday, May 12, 2021 @ 11:00 am - 12:30 pmFree
Members & guests–free. To RSVP, please scroll down. The day before the event, a confirmation email will be sent to registered attendees with additional details.
Do you understand cryptocurrencies? Bitcoin is the big one, but there are dozens of others with different objectives. Over the last few years investors have made billions in crypto currencies. If you’d like to understand crypto currencies, come to the Men’s Group on May 12 when a crypto expert from Market Rebellion will explain how blockchains and crypto currencies work and how you can benefit from them.
One BTC was valued at a fraction of a U.S. penny in early 2010. During the first quarter of 2011, it exceeded a dollar. In late 2017, its value skyrocketed, topping out at close to $20,000. Today one bitcoin is valued at $54,918
Unlike services such as Venmo and PayPal, which rely on the traditional financial system for permission to transfer money and on existing debit/credit accounts, bitcoin is decentralized: any two people, anywhere in the world, can send bitcoin to each other without the involvement of a bank, government, or other institution. And unlike a bank’s ledger, the Bitcoin blockchain is distributed across the entire network. No company, country, or third party is in control of it; and anyone can become part of that network. It isn’t necessary to buy an entire bitcoin: you can buy just a fraction of one if that’s all you want or need. To learn more, RSVP and join us for this timely presentation.
This program is hosted by the Village Men’s Group but it is open to all men, women, and guests of the Village.
Before joining this event, the organizers recommend listening to this episode of the podcast “Why Is This Happening” featuring guest Joe Weisenthal.
Is Bitcoin for Real? with Joe Weisenthal
How does bitcoin work? Where did it come from, why does it exist, and will it ever be used for everyday purchases? Far from some passing fad, bitcoin has been around for more than a decade now and shows no signs of going anywhere. We figured it was long overdue to understand the most well-known cryptocurrency and the problem it is trying to solve. Lucky for us, Bloomberg editor Joe Weisenthal came prepared.
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