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Introduction to Cryptocurrency & Bitcoin
Rating: 4.6 out of 5(5 ratings)
382 students

Introduction to Cryptocurrency & Bitcoin

Cryptocurrencies have become an integral part of the modern world today.
Created byManagement Study Guide
Last updated 12/2021
English
English [Auto],

What you'll learn

  • Explain What is Cryptocurrency
  • Differentiate Conventional vs. Cryptocurrency
  • Explain the Classification of Cryptocurrencies
  • List the Benefits of Using Cryptocurrency

Course content

1 section • 11 lectures • 33m total length

  • Cryptocurrency-and-Bitcoin-Introduction3:46

    Explore what cryptocurrency is, how Bitcoin works, and the blockchain, while differentiating conventional and crypto currencies and outlining altcoins and key terms.

  • Explain What is Cryptocurrency0:24

    Explore what cryptocurrency is as a form of digital currency and cryptographic money designed to function as a medium of trade, secure exchanges, and control production of extra units.

  • Differentiate Conventional vs. Cryptocurrency2:41

    Explore conventional currency vs cryptocurrency, highlighting durability, counterfeiting safety, acceptance, supply, portability, types, intermediaries, programmability, government issuance, and decentralization.

  • Explain the Classification of Cryptocurrencies1:33

    Explain the four classifications of cryptocurrencies: money tokens, utility tokens, participation tokens, and security tokens. Include yen-pegged money tokens, Ethereum as a utility token, and decentralized storage participation tokens.

  • List the Benefits of Using Cryptocurrency1:29

    Explore the benefits of cryptocurrency, including ease of use, portability, lower inflation, decentralization, fast and cheap transactions, and user inclusion, plus cold storage protection methods.

  • Explain What is Blockchain Technology3:54

    Explain how blockchain functions as a decentralized, transparent distributed ledger that records transactions in blocks verified by nodes, enabling peer-to-peer payments without a central authority.

  • Explain What is Bitcoin1:26

    Bitcoin emerged in 2008 after a white paper by the pseudonym Satoshi Nakamoto. It is a digital currency enabling electronic payments like cash, built on a blockchain ledger.

  • Describe Characteristics of the Bitcoin Blockchain1:48

    The bitcoin blockchain adds blocks about 10 minutes, each built on its predecessors, recording transactions in a public ledger with no central authority, and ownership remains pseudonymous via military-grade cryptography.

  • Explain What are ‘Altcoins’1:17

    Explore altcoins as forks of bitcoin, including Litecoin, which offers fast 2.5-minute confirmations via a memory-hard proof-of-work for regular computers and GPUs, expanding the crypto landscape.

  • Explain How the Bitcoin System Works8:57

    Learn how the bitcoin system works—from wallets and exchanges to blockchain transactions—while examining regulatory challenges and risks like hacking, lack of transparency, fees, and scams.

  • Explain the Key Terms Related to Cryptocurrency6:05

    Explore key cryptocurrency terms, including hardware and software wallets, fiat and stablecoins, tokens, mining, forks, initial coin offerings, and smart contracts, along with market risks and classifications.

Requirements

  • No prior knowledge is required
  • A laptop or a PC with good internet connection and basic understanding of English.

Description

ARE YOU INTERESTED IN GAINING GOOD KNOWLEDGE ABOUT BITCOIN AND CRYPTOCURRENCY - THEN THIS COURSE IS FOR YOU.  DON'T JUST WAIT, JOIN SOON AND EXPLORE THE INVESTMENT OPTIONS AVAILABLE HERE.

Who Should Enrol in this course?

Anyone who is interested in learning about Bitcoin and Cryptocurrencies, Students, Graduates, Freshers and Working Professionals can join this course and develop this skill.

Why Should You Enrol in this course?

In addition to Bitcoin and Cryptocurrency, this course gives you good in-sight about Cold Storage, Blockchain Technology and other modern, trending concepts.

What you will learn from this course?

You will learn the following from this course:-

•Explain What is Cryptocurrency

•Differentiate Conventional vs. Cryptocurrency

•Explain the Classification of Cryptocurrencies

•List the Benefits of Using Cryptocurrency

•Explain What is Blockchain Technology

•Explain What is Bitcoin

•Describe Characteristics of the Bitcoin Blockchain

•Explain What are ‘Altcoins’

•Explain How the Bitcoin System Works

•Explain the Key Terms Related to Cryptocurrency

How is this course structured?

This is a comprehensive course which teaches you all the basic and advanced concepts of Bitcoin and Cryptocurrency.

The entire course is divided into 10+ modules all in video formats. The course begins with an interesting introduction part which emphasizes the need to learn this skill and covers all the basic points. As the course progress various important and advanced concepts are also covered.

Real life examples and case studies are used to explain the advanced concepts and to make the course interesting. The entire course is explained using simple English. Images/Icons and infographics are used to add value to the content and make the course interesting.

How you will get benefitted from this course?

After learning this course, you will become a Master in this skill. You will learn about the various investment opportunities and how to grow/multiply your wealth. It teaches you how to use blockchain technology and how to record all transactions in an organized way.  You also get a chance to understand the underlying implications of cryptocurrencies in the finance world.


Who this course is for:

  • Working professionals
  • Students
  • Economists
  • Those working in financial sector

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