What Is Bitcoin?

This course covers Bitcoin's history, workings, crypto types, buying/selling, and digital asset security, among more

What you'll learn

This course covers the history, evolution, characteristics, and workings of Bitcoin, including the underlying technology of Blockchain.

You will gain insights into cryptocurrency types, buying/selling, asset security, and potential risks and benefits.

Besides Bitcoin and cryptocurrency's technical aspects, we'll explore their social and economic impacts in this course.

Upon course completion, you'll grasp Bitcoin and cryptocurrency fundamentals and be ready to embark on your crypto journey.

Requirements

No crypto experience needed

Description

Bitcoin is a digital asset and payment system. Transactions are verified using cryptography and recorded in a public ledger called the blockchain. What sets Bitcoin apart is its finite supply of 21 million, making it the first decentralized digital currency, free from central bank control. Bitcoin operates on a peer-to-peer network, allowing direct user-to-user transactions, and eliminating intermediaries. New Bitcoins are created through mining, a process where computers solve complex math problems in exchange for rewards. As of February 2015, over 100,000 merchants accepted Bitcoin as payment. In simpler terms, Bitcoin functions as a digital currency for online transactions. It operates independently, free from government or bank influence. Globally distributed computers collaborate to guarantee impartiality and safety. The mining process, akin to a game, offers Bitcoin rewards to users. With Bitcoin, you can make purchases or hold it to watch its value appreciate. Its limited supply, fixed at 21 million, adds a unique and collectible aspect to this digital currency. On the web and in forums, you'll encounter explanations emphasizing Bitcoin's decentralized nature, peer-to-peer transactions, mining for new coins, capped supply, and its potential to disrupt traditional finance. Bitcoin offers fast, secure, low-cost transactions, recorded transparently on the public blockchain. It's a revolutionary technology reshaping our understanding of money and financial systems.

Overview

Section 1: What is Bitcoin?

Lecture 1 Introduction

Section 2: The Fundamentals of Bitcoin

Lecture 2 Introduction (Video)

Lecture 3 Introduction (Article)

Lecture 4 What is Bitcoin? (Video)

Lecture 5 What is Bitcoin? (Article)

Lecture 6 What is the Purpose of Bitcoin? (Video)

Lecture 7 What is the Purpose of Bitcoin? (Article)

Lecture 8 Why was Bitcoin Created? (Video)

Lecture 9 Why was Bitcoin Created? (Article)

Lecture 10 Is Bitcoin Legal? (Video)

Lecture 11 Is Bitcoin Legal? (Article)

Lecture 12 What is a cryptocurrency exchange? (Video)

Lecture 13 What is a cryptocurrency exchange? (Article)

Lecture 14 Do I have to Buy a full Bitcoin? (Video)

Lecture 15 Do I have to Buy a full Bitcoin? (Article)

Lecture 16 How do I buy Bitcoin? (Video)

Lecture 17 How do I buy Bitcoin? (Article)

Lecture 18 How do I send Bitcoin to someone? (Video)

Lecture 19 How do I send Bitcoin to someone? (Article)

Lecture 20 Where do I store my Bitcoin? (Video)

Lecture 21 Where do I store my Bitcoin? (Article)

Lecture 22 Difference between custodial and non-custodial wallets (Video)

Lecture 23 Difference between custodial and non-custodial wallets (Article)

Lecture 24 What if I lost my bitcoin private key? (Video)

Lecture 25 What if I lost my bitcoin private key? (Article)

Lecture 26 How to detect a Bitcoin scam (Video)

Lecture 27 How to detect a Bitcoin scam (Article)

Lecture 28 How Centralized Exchanges can collapse (Video)

Lecture 29 How Centralized Exchanges can collapse (Article)

Section 3: The Technology Behind Bitcoin

Lecture 30 Introduction (Video)

Lecture 31 Introduction (Article)

Lecture 32 What is Blockchain? (Video)

Lecture 33 What is Blockchain? (Article)

Lecture 34 What makes Bitcoin different to fiat currency? (Video)

Lecture 35 What makes Bitcoin different to fiat currency? (Article)

Lecture 36 What is the importance of your private key? (Video)

Lecture 37 What is the importance of your private key? (Article)

Lecture 38 What is Bitcoin Mining? (Article)

Section 4: Unlocking Financial Freedom: Real Life Applications for Bitcoin

Lecture 39 Introduction (Video)

Lecture 40 Introduction (Article)

Lecture 41 Digital Gold (Video)

Lecture 42 Digital Gold (Article)

Lecture 43 Peer-to-Peer Transactions (Video)

Lecture 44 Peer-to-Peer Transactions (Article)

Lecture 45 Remittances (Video)

Lecture 46 Remittances (Article)

Lecture 47 Online Purchases (Video)

Lecture 48 Online Purchases (Article)

Lecture 49 Bitcoin as an Investment (Video)

Lecture 50 Bitcoin as an Investment (Article)

Lecture 51 Collateral in Decentralized Finance Applications (Video)

Lecture 52 Collateral in Decentralized Finance Applications (Article)

Lecture 53 Microtransactions (Video)

Lecture 54 Microtransactions (Article)

Lecture 55 Charitable Donations (Video)

Lecture 56 Charitable Donations (Article)

Lecture 57 Wealth Preservation (Video)

Lecture 58 Wealth Preservation (Article)

Lecture 59 Cross-Border Trade (Video)

Lecture 60 Cross-Border Trade (Article)

Lecture 61 Financial Inclusion (Video)

Lecture 62 Financial Inclusion (Article)

Lecture 63 Store of Value in Hyperinflationary Economies (Video)

Lecture 64 Store of Value in Hyperinflationary Economies (Article)

Lecture 65 Privacy and Security (Video)

Lecture 66 Privacy and Security (Article)

Lecture 67 Education and Research (Video)

Lecture 68 Education and Research (Article)

Lecture 69 Gaming and Virtual Goods (Video)

Lecture 70 Gaming and Virtual Goods (Article)

Section 5: What is Bitcoin? - Quiz

Everyone interested in learning more about cryptocurrency and blockchain