Session 1 | What Are Crypto & Blockchain?
💡 What is Crypto?
Cryptocurrency is digital money built on cryptography and is not controlled by banks, governments, or any central authority.
In crypto, ownership means you directly control your assets, not a third party.
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🧱 What is Blockchain?
Blockchain is a digital ledger where all transactions are recorded.
This ledger is:
▪️ Decentralized
▪️ Transparent
▪️ Immutable
Each transaction, after confirmation, is stored in a “block” and linked to previous blocks.
That’s why it’s called a Blockchain.
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🔍 Why Is Blockchain Important?
Because for the first time in history:
▪️ Trust was taken away from banks
▪️ And given to code and mathematics
This means you can transact with anyone, anywhere — securely and transparently, without knowing them.
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⚠️ Common Beginner Mistake
Many think crypto is only about fast profits.
But if you don’t understand the philosophy behind crypto, you won’t survive in the market.
#BeginnerMistake #CryptoMindset #LearnBeforeTrade
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⚙️ Session 1 Exercise
In one sentence, write:
“My understanding of blockchain is…”
📌 If you can’t explain it simply, you don’t truly understand it yet.
🎥 For better understanding, watch this short YouTube video:
https://youtu.be/hOwXIvya8Ug?si=m5gMvKhdk52OvifC
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