Ask Amy show notes: Bitcoin for beginners

Episode 9: How to start buying cryptocurrency, fraud warnings

Cryptocurrency is a form of digital payment and you might notice more companies are using this for common transactions. Bitcoin is the most popular form of cryptocurrency. This is a whole new world and if you are interested in starting, there are a few things you should know.

Author and attorney Clayton Rawlings wrote the book “Bitcoin for Beginners.” He joins Amy Davis to share what he has learned in the process of buying and selling crypto.

Watch the episode in the video link posted above.

Websites mentioned in this episode

Coinbase - reputable site where you can buy and sell cryptocurrency

What is cryptocurrency? Latest crypto news.

For quick reference you can scroll to these timecodes in the episode to hear a specific topic

:50 why interested in bitcoin to start?

2:50 How buying bitcoin might help you

3:15 How to get started with bitcoin if you are interested

4:24 why can’t we just create more code to make more bitcoin?

5:55 can a crypto go bankrupt?

6:13 what to buy when you get started.

9:20 what is block chain?

10:12 How buying bitcoin works?

13:30 the breakdown of how bitcoin buying works

15:00 how a power plant helps explain how cryptocurrency works

16:22 How did cryptocurrency come about?

22:00 the future of cryptocurrency

Helpful KPRC links related to cryptocurrency

Teen loses thousands of dollars in bitcoin fraud

Houston woman loses $12,500 in cryptocurrency scam

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About the Authors:

Passionate consumer advocate, mom of 3, addicted to coffee, hairspray and pastries.

Award-winning TV producer and content creator. My goal as a journalist is to help people. Faith and family motivate me. Running keeps me sane.