Learning Snippets: What is a Cryptocurrency and Bitcoin?

This year, I thought of sharing snippets of information that I get to learn about. The first one that I’d like to share and talk to you about is  CRYPTOCURRENCY and BITCOIN. There is much talk about bitcoins and cryptocurrency. Of course, I also wanted to know and study what these were!

Ayoko ngang magpahuli! Plus I wanted to know why my husband was constantly borrowing my laptop to “mine”.

What I did was I watched Banking on Bitcoin on Netflix. Here’s a trailer:

What is Cryptocurrency?

Cryptocurrency is a virtual or digital currency protected with cryptography. This feature secures transactions that are made online. Bitcoin is a cryptocurrency developed by Satoshi Nakamoto back in 2009. It functions like a real money but does not come in printed form. It can be used to buy anything online like book a hotel, buy gadgets, equipment and a lot more. The transfer of funds is much easier and cheaper due to absence of extra fees for wire transfers (more to be said about that, but that was the original intention).

Here is a short video about BITCOINS:

Others trade it. Trading of bitcoin in different currencies occur in marketplaces called “bitcoin exchanges”. Some examples of these marketplaces are Bitfinex, Bitstamp and Coinbase, which is taking the lead.

Bitcoins are stored in the user’s computer or cloud storage. This serves as the “wallet” or “virtual bank account”. It is where bitcoins are being received or transferred, withdrawn or deposited. To transfer bitcoins, just use a mobile application or the computer.

It is not regulated by any institution like the government or bank. It is checked-and-balanced by different people on different computers. Everyone validates everyone else. This is where mining comes into the picture. Mining is basically checking if the ledgers are correct. As for regulation, governments of China, Japan and Australia are now considering to regulate the system and the currency. Others are seeing the possibility of adding tax to it.

Anonymity of the owner of bitcoin is another feature. All transactions that were ever made online using a bitcoin are stored in a ledger called the blockchain. Although transactions are recorded, the personal information of the users is anonymous. Names and addresses are not revealed. It only shows the wallet IDs of the users.

That’s my learning snippet for today! I hope I helped you, even in a little way, to learn more about Crypotocurrency and bitcoins.

 

 

I am part of the Netflix Stream Team!

How many of you watched Stranger Things? or House of Cards? These are shows that were shown on Netflix. For those who don’t know what Netflix is, it is the world’s leading internet subscription service for watching TV shows and movies. I’ve been a Netflix user since they first came out in the Philippines since January 2016. I was actually surprised to know that they are now in 190 countries! And guess what, if you are a Netflix subscriber, you are one of the 109 million members enjoying more than 125 million hours of TV shoes and movies per day!

In the Philippines, subscription is very affordable. 1 Screen Standard Definition is at Php 370. 2 Screens simultaneously used with HD Definition is at Php 460. Then, 4 screens used simultaneously in HD + Ultra HD 4K is at Php 550. All of these are paid monthly. Not bad at all, right?

I am also so excited to share with you that I am part of the Netflix Stream Team in the Philippines!
They invited me to the launch of the Stream Team which was last weekend. This is what happened during the launch! 🙂

What is so exciting about being part of this family? Well, as a part of the Stream Team, I will be able to share with you the latest updates from Netflix, plus you will learn about the different shows that will be launched via my blog! Ain’t that cool? You, my dear readers, will have the latest news on what Netflix will launch in the next few months, weeks and days.

If you haven’t subscribed to Netflix yet, I highly recommend that you start using it already.

Some of the ladies of the Netflix Stream Team Philippines!

 

Here are 8 things that I love about Netflix!

1 – I love the content. Aside from showing the different shows that we love and adore, they also produce their own original content. There are a lot of Netflix Originals that I love.

2 – I love that even if they are a global brand, they make it a point to go local. Netflix partners with local content creators to create original content. Aside from that, they have subtitles in different languages.

3 – I love that you can download your favorite shows. When I’m traveling, I usually just watch the episodes or movies that I have downloaded. You can also watch shows anytime, anywhere!

4 – You need not wait or look for the next episode of a series. Everything is laid out for you to watch and “binge” on!

5 – I love that Netflix has an algorithm that looks for shows that I will love! haha! It really understands me and knows what I NEED to watch! haha!

6 – It’s very kid friendly. I can set the account of my daughter and protect her from seeing violent and other inappropriate stuff. I feel safe when she’s on Netflix.

7 – I love that when I transfer device, I start from where I left off. With other platforms, that’s my main concern. I hate looking, fast-forwarding / rewinding to where I left off.

8 – I love that there are no ads! haha! I don’t think I need to explain that.

Move in with Netflix!

So these are the things that make me stick and LOVE Netflix!

Just to give you a rundown of some shows I have watched already, here is a list:

Oh My Ghost!
Gilmore Girls
Project Runway
Good Wife
My Horrible Boss
Drop Dead Diva
Billions
No Strings Attached
Bride Wars
Crazy Stupid Love
What’s Your Number?
13 Reasons Why
12 Years Promise
Hurricane Bianca
White Nights
Unbreakable Kimmy Schmidt
Don’t Trust the B in APT 23
Stranger Things
Dirk Gently’s Holistic Detective Agency
Full Out
GLOW
etc. etc. etc.

How about you? What have you watched? Share with me what your favorites are! I will share them soon! 🙂