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      "body": "PART (A)\n  Bitcoin is just a digital file/ ledger that can contain names and balances, where people exchange money by exchanging these files. For example, if Anthony buys a vacuum cleaner from Helen for 0.00003678btc , then Anthony’s balances will go down by 0.00003678btc while that of Helen will go up by 0.00003678btc.\n  There is no gold or government issued money backing this currency, nobody controls or manage this ledger, the goal of bitcoin is to avoid any centralized control. Everybody maintains his own copy of payment made. The bitcoin  system uses account number not account name, so as to create some level of anonymity.\nA QUESTION TO ASK….\n![How_bitcoin_works.png](https://steemitimages.com/DQmRVHtBKVDWVVbow63B9rY3hhAaqre7DjhLN6ECpJn2gn6/How_bitcoin_works.png)\nSource:bitcoinsnitch.com\n IF everybody maintains their own ledger, how would other ledger be kept in snyc has a transaction is being made ?. The basic of all, when you want to send money, you simply tell everyone else by broadcasting a message by your own account number and the receiver’s account number and the amount. Then everyone across the world updates their ledger.\n  Another quicker side , how bitcoin works for power users, people who helps maintain the system. You can also just use the system to send  and receive money, without maintaining a ledger. If sending money is as simple as creating  a message with someone’s account number, what then stops a thief “(DON)” from stealing Helen’s money by using Helen’s account number ?.Just like paper check, bitcoin requires a kind of signature to verify the person sending money is the real owner of the account. This signature is a combination of mathematical numbers and letters as oppose to him writing.\n When a new account number is created ,it usually comes with a private key mathematically linked to that account number .G=f(p)\nTo create a signature, a text from the transaction with a part of the private key are joined together using a mathematical function signature creator f(q, r). Then another function allows other people to check if the signature was created by the account owner and it applies to that specific transaction. This signature can not be  re-used  in the future as they are unique to a specific transaction. With the possibility of the mathematical  signature to prove who has sent the transaction it can’t determine what time it was sent. In a traditional  banking system, for example, if Anthony issues a check of $100 each to two persons and only has a balance of $100 in his account. The bank would be able to pay who first attempt to cash with his check, rather in which to determine who get paid first, the bank should be determine what time each check was issued, which is presently not possible.",
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      "body": "What are CRYPTOCURRENCY and TOKENS ?. These two are two different things. Crypto-currencies are the main utility in a crypto-currency blockchain protocol, such as Ethereum , Bitcoin and then you have tokens which are built on top of blockchain .\n   \nFor example , using a code storage hard wallet like LEDGER. Depending on the exact amount of money that you have  , this advice i often give to people , you just like anything in life ,you don't want to be walking around with a couple of thousand dollars in your pocket , so my advice is that as any high amount of crypto-currency in your wallet (High amount is justifiable in your mind ,each person has their own said level of what they consider high) you should use different secure protocols for as many wallet you have. Let just say you have a high amount that you want to keep safely. There are couple of  different methods for different crypto-currencies, couple of different methods for tokens. Unfortunately no hard wallet right now can handle everything  , talking all crypto-currencies .For example, right now one of my favorite to use and i use it for various currencies like Dash , Ripple , Bitcoin , Ethereum that are so dominant , i like to use Ledger .The ledger is great for couple of reasons .They have been working very hard for years to build the best technologies so they are not new on the block. What i really love about Ledger is its \"simplicity\". In case its lost or broken or de-magnetize , you have 24 words phrase with which you can go online and backup your wallet from anywhere in the world .So as long as you have your 24 words , you can backup your crypto-currencies .Now the downside to using Ledger is fact that they don't support everything but very much support the dominant crypto-currencies.\nI will also give advice a couple of advice on how to keep your cryptocurrency save. Some people might not find it convenient or easy, you can go on google to find guys for that.\nTHE PAPER WALLET\n  Many of these cryptos and many of those tokens do offer Paper wallet storage, where you can actually store your private keys on a piece of paper that you can actually print online to offline. For example, most cryptos do offer these service, honestly it is almost as good as Hard wallet , pretty much you have your private keys on a piece of paper and there is also a word phrase. Just keep in mind that the security of your cryptocurrency is very important because (A)IF you keep using the same bitcion or ethereum wallet online it makes it  very easy for people to hack your account. (B) For security, most people keep a lot of money , whether it’s on exchanger or even on your computer, it is easily hackable, your computer is easily hackable.\n  No central database system is unhackable . Always have your risk portfolio , you distribute your tokens  or cryptos on different ledger, on different paper wallet, on different server wallet on your desktop. Just keep it in mind that the security of your account is really important. For the past months there’s been a high gold-rush for cryptocurrency online on different exchangers and do not really put in mind to backup there wallet, or might have lost their private key.\n  THANKS FOR YOUR TIME !",
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      "body": "![download.png](https://steemitimages.com/DQmTa4XpCCLG4Tqk8QNi1gcUiGHdTMWb8xti3zQdq1gW6hm/download.png)\n It isn't a matter evil people doing evil things,it is a matter of systemic corruption that has plagued the world's financial. If the government can watch everything you do, they can also watch how you spend money. There ability to control your behavior is enormous. And it will put the people at the mercy of a system which at a flick of a binary switch![images (2).jpeg](https://steemitimages.com/DQmZDN1fDW8HxXrd29aRtKHHj4UP8zVg4UYy91xm9hJZxE9/images%20(2).jpeg) you can become a nonperson. This is only scenerio A,the other scenerio B is,\n  A world where we have a fully connected economy of you and i,using a form of currency that is mutual,transparent and global and open and belonging to everyone,requiring no qualification to enter or access the system and not under the control of any government organization. That is what the coin offers",
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