if you don't have too much knowledge or you're not an expert in bitcoin or the way cryptocurrency works that's completely okay because i'm gonna be going over everything that you need to know in order to get started today in this video we're gonna be going over how to invest into bitcoin for this year as a beginner what i'm gonna do is actually invest five thousand dollars of my own money onto bitcoin and show you exactly real time how it works and towards the very end of the video i'm gonna be going over exactly how you can score free bitcoin today you don't have to pay me you don't have to do anything you literally just have to watch this video till the end and i'll share with you exactly what you need to do in order to score that free bitcoin just by watching this video now if you are new to the channel welcome normally we talk about credit cards and personal finance i don't think i've done a cryptocurrency video in a very long time but lately the bitcoin market has been absolutely crazy with the release of all these stimulus packages the dollar getting inflated and a lot more corporations turning into the side of investments in cryptocurrency we're seeing the price go absolutely insane and i'm hearing some real personal success stories in my own life of people i know who are making hundreds of thousands of dollars in cryptocurrency so i don't want any of you guys to miss out because if you have this mentality that oh it is way too late i will not be able to get in there as well that's far from the truth i think we are still in the much early stages of the development of cryptocurrency especially bitcoin and one of the most important things that you can do is to invest now get started now okay so let's start this off by talking about the background of bitcoin what it is and how it all works to break things down the easiest way to explain the way cryptocurrency works is this is just a peer-to-peer transaction so if i wanted to send you money i would do it through venmo or cash app or paypal if i'm trying to venmo you some money what happens is i have my ten dollars and i want you to get it it doesn't go straight from me to you although that's what we see on our end the back end of these transactions often entail a third-party company that handle the exchange i really want you guys to pay attention to this next clip talking about the dangers of using some of the most popular apps like paypal and vemmo and if you didn't know yes paypal does own vemmo paul leach a former venmo user said he had thousands of dollars taken out of his big account by way of hackers according to leech the hackers made a few micro tester transactions taking out as little as NUMBER_TOKEN cents at a time paypal who now owns venmo set up a lawsuit with the federal trade commission last year over privacy violations for selling buyers purchasing habits to companies what you have to realize now is that big fintech companies will prioritize other people's data and sell that for extraordinary amounts of money this is not uncommon practice and it's actually pretty sad this may be how i personally got my identity stolen who knows a lot of the sensitive information that you would never think getting revealed to other companies happens on a daily basis and this is one of the things
START_SELFPROMO_TOKEN and towards the very end of the video i'm gonna be going over exactly how you can score free bitcoin today you don't have to pay me you don't have to do anything you literally just have to watch this video till the end and i'll share with you exactly what you need to do in order to score that free bitcoin just by watching this video END_SELFPROMO_TOKEN