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Intro To Bitcoin: Understanding The Bitcoin Standard

Intro To Bitcoin: Understanding The Bitcoin Standard

Free

Welcome to "Intro To Bitcoin: Understanding The Bitcoin Standard," a comprehensive course designed for beginners and enthusiasts alike who wish to delve deep into the world of Bitcoin and its underlying principles. This course is structured to demystify the complexities of Bitcoin, providing students with a solid foundation in cryptocurrency, blockchain technology, and the revolutionary impact of Bitcoin on the global financial system.

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Has discount
Expiry period Lifetime
Made in English
Last updated at Wed Dec 1969
Level
Beginner
Total lectures 0
Total quizzes 0
Total duration Hours
Total enrolment 9
Number of reviews 0
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Short description Welcome to "Intro To Bitcoin: Understanding The Bitcoin Standard," a comprehensive course designed for beginners and enthusiasts alike who wish to delve deep into the world of Bitcoin and its underlying principles. This course is structured to demystify the complexities of Bitcoin, providing students with a solid foundation in cryptocurrency, blockchain technology, and the revolutionary impact of Bitcoin on the global financial system.
Outcomes
  • Explain the Origins and Development of Bitcoin: Understand the historical context that led to the creation of Bitcoin and how it has evolved over time. Describe the key problems Bitcoin aims to solve within the traditional financial system.
  • Understand Blockchain Technology: Explain how blockchain technology works and why it's considered revolutionary. Understand the concepts of decentralization, cryptographic security, and consensus mechanisms in the context of Bitcoin.
  • Grasp the Economic Principles of Bitcoin: Articulate how Bitcoin's monetary policy, including scarcity and halving events, contributes to its value proposition as "digital gold." Discuss Bitcoin's impact on traditional financial systems, including its potential to offer financial sovereignty and hedge against inflation.
  • Perform Basic Bitcoin Transactions: Demonstrate how to set up a Bitcoin wallet, buy Bitcoin securely, and conduct transactions. Understand the importance of private keys, public addresses, and wallet security.
  • Critically Assess Bitcoin’s Role and Future: Evaluate the challenges facing Bitcoin, including scalability, environmental concerns, and regulatory hurdles. Predict potential future developments in the Bitcoin ecosystem and its impact on global finance.
  • Engage with the Bitcoin Community: Navigate the broader Bitcoin and cryptocurrency community for ongoing learning and networking. Understand the importance of community-driven development, open-source projects, and the ethos of decentralization.
Requirements
  • There are no prerequisites for this course. A keen interest in finance, technology, or cryptocurrencies is beneficial.