Unlocking the Power of Crypto: The Importance of Crypto LiteracyBack to news
With Yolo Group’s educational platform LearnCrypto now 2 months into the initiative, I wanted to share a few thoughts about crypto education and why crypto literacy is so fundamental for the modern world, writes GP at Yolo Investments, Tim Heath.
The rise of cryptocurrency has facilitated a mindset shift in the way we think about money, finance, and transactions. However, despite growing popularity and potential, the industry is still largely misunderstood by the general public.
Scepticism has been driven by reputational damage associated with recent market turmoil that was caused by poorly capitalized, overly- leveraged institutions, and a lack of checks and balances on too few (somewhat authoritarian) individuals’, as well as weaknesses in the traditional banking system as a whole.