With the digitization of communication, education, and currency, it is difficult to grasp what constitutes these changes and how they impact the world.
As the world continues to excel in technology and understand the underlying features of cryptocurrency and bitcoins, a large part of the population is still unaware of these new inventions. That is where 18-year-old Jay Iverson comes to action, an individual using the power of social media to simplify and introduce crypto to the world.
At an early age, Jay has managed to impact individuals by identifying crypto trends through a communicative space on his TikTok, @investment_updates. Being the author of the book “Krypto Starter” and having done extensive research in the field, he is becoming an inspirational figure while paying individual attention to all his followers with regard to their queries.
As Jay absorbs more information on crypto, he gives us a little sneak peek into what it constitutes. In simpler terms, Jay describes crypto as “a digital form of payments based on cryptographic tools” that include blockchain and digital signatures. As the world of crypto relies on digitization while maintaining monetary value, Jay further emphasizes how payments are established without relying on controlling parties, such as banks.
Transactions through such mediums are safe and reliable as they are saved onto blockchains which Jay calls “endless lists containing all money and data transfers.” With people’s knowledge and growing reliance on crypto on a daily basis, Jay gives us a peek into the different types of cryptocurrencies that exist; Bitcoin, Altcoins, and Stablecoins.
Jay’s grasp on this vast subject has enabled him further to impart his understanding of crypto to the world. At a very young age, he read articles and books surrounding the idea, which led him to be one of the first people from Germany to write a book on the topic. Where many people are still unaware or not completely clear on the idea surrounding crypto, Bitcoin, and blockchain, Jay introduces a short series on his TikTok called “The Crypto Beginner Guide.”
The crypto world is constantly growing, introducing more facts and more consumer-friendly programs. Jay Iverson understands its economic benefit and future, which ultimately motivated him to reach out to more people through consistent social media postings.
Head to Jay’s TikTok account and learn more about the basics of crypto.