Journal Entry: Stamatina Bourret-03/09/2024-Digital Economy Course-Lesson 6

Journal Entry

Lesson 6- Terms

1. Decentralized finance is different than centralized finance because decentralized finance are provided with no need for a traditional financial intermediary. This is unlike centralized finance which does need the traditional financial intermediary.

2. Bitcoin is different from a token because bitcoin is the crypto currency itself. The tokens is a token representing part of the bitcoin.

3. Building your vocabulary on the digital economy can influence income opportunities for you because the more you know and understand the language the better prepared you are to begin building your investments. If you understand the terminology you will be purchasing the correct amounts and will increase your portfolio at the proper times.

Thank You
I am really enjoying this course.