Hello everyone.
I am new here, got interested in cryptocurrencies topics because of a few colleagues at work boasting how much they could earn by investing in BTC and Ethereum currencies. It is so encouraging by just listening to them how lucky they were buying a few coins a year before.
I think well, yes, it might be true they were lucky, however I still cannot develop myself to simply trust in something what only exists because a bunch of people agreed to understand that x amount of real currency is the amount which these people see in their online files as certain amount of imaginary money. How something like that could be trustful and how does it actually work? I have really plenty of questions before I would like to devote myself to really get to know what kind of business this is and can I actually find a place for investition for myself. Could you please help me understand what actually crypto currency then is and what made Bitcoin so spectacular, worth investing thing?
Kind regards, to all of you, hope I can get my answers here.
All money is 'imaginary', that's why it is useful, barter systems are very limited.
If you really wanna know how bitcoin works you can start with the white paper, but if you aren't in IT it may be difficult to understand.
https://bitcoin.org/bitcoin.pdf