How Do You Use Cryptocurrency?

Episode 16: How Do You Use Cryptocurrency? - has Vice President of The KU Blockchain Institute, Tony Czajka, explain the technology behind cryptocurrency. Episode Summary: This episode of the Simple Questions Podcast features a discussion between Dylan Carnahan and Tony Czajka, Vice President of the KU Blockchain Institute. The institute seeks to further the advancement of blockchain technology by providing a platform for "researchers, both faculty and student-led, to collaborate, publish work, mentor students, and educate curious minds." Tony uses his knowledge of computer science and blockchain technology to help explain the intricacies of cryptocurrency. We talk about types of cryptocurrency wallets, how cryptocurrency is used to purchase NFTs, and future applications of blockchain technology. In this episode we discuss: 00:00 - Love Song by Frogpond (Apple & Spotify) 01:28 - Introducing Tony Czajka 02:08 - Wisconsin to Kansas 03:21 - KU Blockchain Institute 05:33 - Introduction to Crypto 10:14 - Mining Cryptocurrency 16:07 - Types of Cryptocurrencies 17:31 - Value 21:21 - Decentralized Currency 24:45 - NFTs 28:09 - The Metaverse 33:31 - Crypto Wallets 41:11 - The Importance of Cryptocurrency 44:56 - Resources & Closing Remarks 46:20 - Conclusion and Information Resources: KU Blockchain Institute: LinkedIn, Twitter, & Instagram Tony's Social Media: LinkedIn & Instagram