This is from a presentation given by Andreas Antonopoulos. (He’s very good at breaking down the concepts of blockchain technology into simple terms, and tying it into the a deeper philosophical perspective.)
As always, do your research, and use your discernment before committing to any investment decisions.
Andreas M. Antonopoulos is a Greek-British California-based information security expert, tech-entrepreneur and author. He is a host on the Let’s Talk Bitcoin podcast and a teaching fellow for the master in science Digital Currencies at the University of Nicosia. He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.