Contextualizing Bitcoin
0.0 (0 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
0 students enrolled

Contextualizing Bitcoin

Providing context to explain why Bitcoin has exploded in value
0.0 (0 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
0 students enrolled
Created by Nicholas Cole
Last updated 10/2019
English
English [Auto]
Current price: $11.99 Original price: $19.99 Discount: 40% off
2 days left at this price!
30-Day Money-Back Guarantee
This course includes
  • 12.5 hours on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Why Bitcoin has intrinsic value
  • What problems bitcoin solves
  • The context surrounding Bitcoin in the banking sector, economic principles, historical reasons and development in the tech industry
  • Counter arguments that people have used to show that Bitcoin DOESN'T have value... And of course, my rebuttals to those arguments.
Requirements
  • There are no requirements to this course
Description

Is it a coincidence that Bitcoin has exploded in value and popularity?  What is bitcoin, anyway? Is it random?  Is it a scam?  I think not.  I hope to show you that there's plenty of context that can be found to show that Bitcoin has a considerable amount of value propositions that have made Bitcoin one of the greatest return on investments in human history.  That's what I want this course to be about: you and I having a conversation about why Bitcoin is valuable.  I also know that talking about money and finance can be intimidating so I've done my best to make sure that this course is geared for those who know little to nothing about the topic.  Thank you and happy learning! =)

Who this course is for:
  • People who've heard about Bitcoin but do not understand why it's important today.
  • People who may think that Bitcoin is a fad.
  • People who are new to finance.
  • People who enjoy learning about economics
  • People who do not understand how foolish decisions in the banking sector have lead the creation of Distributed Ledger Technology
Course content
Expand all 44 lectures 12:22:39
+ Introduction
4 lectures 57:41
The two best investments
20:01
Thesis on Bitcoin's value
11:28
+ A brief explanation of what Bitcoin is
7 lectures 02:03:50
Genesis block and global bailouts
12:55
Digital cash, Digital ledger and blockchain
25:21
Proof of work, incentivizing and decentralization
52:12
A story from Venezuela
10:03
Showing of a Bitcoin transaction
05:44
Double spend and 51% attack
15:12
Resources
02:23

Let's test your understanding of Bitcoin so far!

Bitcoin Quiz
3 questions
+ The banking sector - how banks work and behave
5 lectures 02:04:33
How banks work
25:21
Lend, lend lend & cheap money
30:06
Rehypothecation
18:39
Bank bail ins (instead of bail outs)
15:28
Who is the criminal?
34:59

I'll throw a few questions to test your knowledge on how banks make money!

Banking business model
4 questions
+ How Bitcoin fits in economics
8 lectures 02:39:37
Inflation
38:06
What is money? Part 1
21:28
What is money? Part 2
16:24
What is money? Part 3
27:25
Gresham's Law
09:54
Stock to flow
19:40
Global trade and Bitcoin
26:01
Resources
00:39
Economic principles quiz
4 questions
+ How Bitcoin fits in history
4 lectures 01:34:24
History Intro
27:23
Currency Debasement
27:41
My personal history
30:22
Dollar serial number and no government control
08:58
+ The technology of Bitcoin
5 lectures 01:33:40
The evolution of Data and Information
28:43
Two Statistics
16:19
My experience with Bitcoin
15:21
Other Crypto assets
18:08
Tokenizing Assets
15:09
+ Counter Arguments
9 lectures 01:21:25
Intro and counter argument 1
13:40
"I want to hold my money in my hand"
05:59
"Bitcoin isn't backed by anything"
09:09
"The price is too volatile"
08:38
"I don't understand it"
05:32
"Bitcoin is a ponzi scheme"
08:55
"What if Bitcoin gets hacked?"
12:06
"Crypto is full of scams"
09:21
"No one wants it, no one spends it, no one accepts it"
08:05
+ Final thoughts
2 lectures 07:29
Where to buy Bitcoin
04:11
THANK YOU!!!
03:18