Demystifying Cryptocurrencies and NFTs: Understanding How They Work

The video tutorial explores the workings of cryptocurrencies and NFTs, focusing on their ability to bypass government control and their environmental impact. It delves into the history of cryptocurrencies, starting with Bitcoin's creation by the pseudonymous Satoshi Nakamoto, and explains blockchain technology's decentralized nature. The tutorial also covers the validation process of cryptocurrency transactions, particularly through mining, drawing parallels to historical gold mining.

What are some environmental concerns associated with cryptocurrencies?

How do different cryptocurrencies validate transactions, and what is the common method used by Bitcoin?