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     7 years ago (edited)

    This may seem dumb and you may be planning to address it in a future video, but I just don't know the mechanics of going from cash in my checking account to holding a currency. How does the idea of a wallet compare to an account at a financial institution like a bank or brokerage? Then once I own currency, securing that asset. Trying not to feel dumb asking what seems basic around here, but anxious to learn.

    I think we get so used to using middle men financial institutions to hold our assets that the idea of handling an asset myself feels a little foreign.

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       7 years ago 

      Yes, the next video will get into exactly that. It's certainly a tricky process understanding how exchanges work, why you need to be careful using them, and basically why, with cryptocurrency, you are your own bank and there is no protection other than what you provide yourself. Stay tuned!

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       7 years ago 

      Thanks Luke, I thought you were headed there next.

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