The Taco Cat – Kept Knowledge

I don’t care if you’re for it, or against it.

I’m simply explaining blockchain technology so that the future of humans isn’t as complicated as it’s shaping out to be.

“You cannot say bitcoin doesn’t exist when it exists, I used a bitcoin debit card with bitcoin money on it; how does bitcoin not exist?” says Jane Miller, New York Times Magazine contributor and cryptocurrency expert blogger. “If I am holding cash that I got from my Chase ATM in one hand, and cash that I got from my bitcoin ATM with the other; what validates one more than the other?”. She explained.

I believe the lack of understanding is going to be terrible for the economy. Those who at least understand some basic crypto terminology can profit off this short little blog piece. Hey; it’s a new era! Take the chances you get!

Imagine you are traveling to a country where people speak a different language than you. Blockchain is like a universal translator that helps you communicate and understand each other. It’s a special technology that allows information to be securely recorded and shared between different parties without needing a central authority, like a government or a bank.

Just like how language is made up of words, sentences, and grammar rules, blockchain is made up of blocks that store information. These blocks are linked together, forming a chain. Each block contains data, like a transaction or a piece of information, and has a unique identifier called a hash.

The hash is like a secret code that makes sure the blocks are connected and can’t be changed later. It helps ensure the integrity and security of the information stored in the blockchain. This means that once something is added to the blockchain, it’s very difficult for anyone to tamper with or alter it without being detected.

Blockchain can be used in many different ways, just like language can be used in various situations. It can be used for things like financial transactions, tracking the origin and movement of goods, or even to create transparent and secure voting systems.

So, to summarize, blockchain is like a powerful translator that enables secure and transparent communication and record-keeping, regardless of language or borders.