Bitcoin Explained - What is Bitcoin in Simple Terms? [ Explain Like I’m 5 Crypto Ep. 1 ]

Welcome to Explain Like I’m 5, where we’re making it easy for you, explain crypto concepts in simple terms and answer the questions we’ve all been asked by friends and family about crypto. On today’s very first episode of the show, Jessica is joined by Kevin Murcko CEO of CoinMetro Exchange and Paul Democritou, from The Crypto Factor to explain Bitcoin Like I’m 5. 🔵 CoinMarketCap Bitcoin Explained Timestamps: 01:20 Explain Cryptocurrency 03:33 Crypto vs. Fiat 04:40 Banks and Cryptocurrencies 06:50 Crypto Wallets 9:30 Bitcoin as a Store of Value 12:33 Cryptocurrency Exchange 14:20 What is an NFT? 19:04: Accepting Bitcoin payments ✔️ Make sure to follow our friends! Kevin: Paul 🔔 Subscribe to not miss next week’s Explain Like I’m 5 with Jessica! 🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing crypto