understanding what crypto is will build your financial literacy 📈📈📈 ✨ BTW don’t let ANY finance bro or tech bro confuse you on crypto!! you are capable & smart & bada** ✨ #crypto #cryptocurrency #money #bitcoin #financialliteracy @sephora @Patrick Ta Beauty @chanel.beauty

I can explain crypto better than any other tech bro on this app. They are getting it so wrong. I've seen the videos. What are you talking about? It's not that complicated. Especially as our world is moving into this digital AI age, you have to know what crypto is. And if you're new here, hey girl, oh my god, I get so fired up with crypto. Everybody online is making it seem like this crazy little concept. And it's not. So sit back relax. We're just gonna make some money. We chill. Come on. Imagine you're shopping at Sephora and instead of paying with cash, you pay with your points. Buy a mascara at Sephora for $20. You get like a hundred points. Earn those points and can buy things with those points. You just can't hold the point. Like you would hold a $5 bill. It's online. It's digital, right? Cryptocurrency is basically just that. It's digital money, like those points. It lives online instead of your physical wallet, like a $5 bill would. Unlike Sephora points where you can only use those points at Sephora, you can use the crypto digital money anywhere. You could buy a latte with it. You could buy a coat with it. You could send it to one of your friends who helped you with something. Like you could do whatever you want with that digital money. Say you use Chase as your bank when you buy something at Sephora and you open up the Chase app, it'll say minus $200 at Sephora because you bought something. Your bank is keeping track of your transactions, what you're spending money on. Now imagine instead of a bank keeping track of all those transactions at Sephora with crypto, it runs on something called the blockchain. But that minus $200 at Sephora that you're seeing on your bank account, imagine that everybody can see that. It's like a digital receipt that's completely public and everybody can see it and it records everything. It looks like a massive group chat that has never deleted its messages. Every time someone spends crypto money, receives crypto money, it gets recorded and never deleted in the group chat. That's why people say crypto is decentralized. There's no bank or government recording any of those transactions. It's just the blockchain. It's that public digital receipt. Anybody can see it. And there are different types of crypto or coins kind of like different brands of makeup. Bitcoin is the OG, it's like Chanel. Classic, valuable, timeless. Ethereum is like Patrick Talk. Newer, more flexible, wide-shade range and can be used for all skin types for everything. There's hundreds of other makeup brands or coins out there. Some are great and some totally flop after launch. You buy those crypto coins, Bitcoin's Ethereum on an exchange. It's literally online shopping. It's what we do all the time. An exchange sounds so crypt, it's online shopping. Those crypto coins, those Bitcoin's Ethereum, they don't live in your Prada wallet. They live in a digital wallet. So cryptocurrency is just like points. You can't physically hold it, but they do have value. You can still buy things with it. You can use them at Ulta, Oritsia, H&M, a coffee shop, wherever. It's more than just digital cash. It's the internet's version of money. If any other questions on crypto, please comment below what they are. I do not have enough followers to not see every single comment. So just ask away. Remember that when women become financially literate, we don't just change our lives, we change our options.