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To become a better programmer, practice is key. This video tutorial walks through a HackerRank Java practice program - the Java currency formatter problem. This problem is rated easy, but it's great practice to hone your programming skills. The tutorial is hosted by Alex, who creates Java tutorials on a weekly basis. The problem statement can be found by searching "HackerRank Java currency formatter" - it involves formatting currency values. The video aims to help viewers understand and solve this programming challenge.