*BRAND NEW COURSE FOR 2016*
It’s not your fault.
I mean you can’t escape from a financial prison if you don’t even know you are in one. That’s like asking a fish what water is. If the fish has never been out of the water he has no idea what you are talking about.
Up until now we have all been trapped inside the corrupt financial system where the abuse of power and white collar financial crime is commonplace.
The abuse of political, financial and corporate power has reduced the probability of individual prosperity to the point that you would be forgiven for feeling hopeless.
They say adversity is the mother of all invention, and oh what an invention we have been given.
Introducing Bitcoin, a technology platform that for the first time in human history provides a fair, equitable and incorruptible environment in which we can build a new financial system.
The door to the prison cell has been opened, and we invite you to step through it to freedom.
Welcome to The Digital Money Revolution.
Come with me on a journey through a new world created by this breakthrough technology called Bitcoin.
We’ll explore all the various aspects and explain them in clear, easy and precise ways.
By the end of this programme you will have journeyed through the world of Bitcoin technology, currency, the serious weaknesses in our current system, Bitcoin wallets, the Bitcoin economy, getting some Bitcoin of your own and how to use your Bitcoin.
If you are looking for a comprehensive answer to the question “What is Bitcoin?” that goes beyond simply repeating, parrot fashion what you can find out for yourself, this is the programme for you.
You can go through the entire programme and if you are not absolutely delighted, get a 100% refund.
And if that isn’t enough, as a paying participant in this course we will award you with 5 BanxShares upon completion.
BanxShares are Bitcoin like tokens that represent a share in the company that created the Digital Money Revolution Programme. As a holder of BanxShares you are entitled to a share of any profits that our company makes.
So by taking this course you are buying a product from a company you will be a part owner of!
These are the kind of opportunities that are being created by the new Bitcoin economy.
Even though Bitcoin has been around since 2009 it’s not too late to get involved.
So enroll in this programme now and fasten your seatbelt as we journey into this new world of money that is going to create more prosperity for humanity than we have ever seen before.
In this lesson I'll introduce myself so you get to know who will be taking this journey with you through The New Digital Money Revolution brought to you by our wonderful Bitcoin course.
This lesson is especially for you if you are new to Udemy or haven't used it before. I get you comfortable navigating your way around so you can get the most out of this information.
From how to mate your videos full screen to how to ask questions, it's all in this short 5 minute lesson.
This video shows me using my iPad to download the course so it can be viewed offline when there is no Internet available such as on a plane, train or the London Underground.
This same process can be used to save the course onto your iPhone or your Android Phone or Android Tablet.
Here's a nice gentle beginning to the program.
If you separate the 'Bit' from the 'Coin' you see how the name literally can be translated into 'digital' and 'currency'.
In this lesson I read out my full definition of what Bitcoin is with the express intention of putting you in a state of confusion.
The purpose behind this is to give you a 'before' and 'after' feeling.
First you have to experience the confusion and what it's like NOT to understand Bitcoin at all. That's our starting point.
The way you'll clearly feel the transformation afforded to you by this course is by referring back to the definition and experiencing how the confusion dissolves and is replaced by confidence.
This lesson explains in simple terms what is meant by 'open source' and why it's a very important aspect of Bitcoin and of how technology is becoming.
The question 'Who Created Bitcoin?' is a fascinating one. It's a question that most people ask shortly after learning a bit about it.
Surely such an incredible invention would have an amazing story behind it right? Watch this lesson to find out.
This lesson explains what is meant when we stay that Bitcoin is a software protocol.
It's important to grasp the basic concepts of the Bitcoin technology since you want to be well informed when it comes to your money.
A blockchain is the key invention that makes Bitcoin possible. This lessons tells a great story by relating a blockchain to some flowers that is entertaining and easy to understand.
Just because you trust someone or something, does automatically mean it can be trusted?
The answer is no, so our only option is to remove trust completely. This is one of the promises of the Bitcoin technology and it the subject of this lesson.
If humanity is going to thrive we need to move from a mindset of competition to cooperation.
This lesson explains what peer to peer is and what decentralised means so you can see how Bitcoin runs on a much more cooperative basis than our existing financial system.
Without the Internet Bitcoin would not have been possible. This is also why Bitcoin, nor anything like it could possibly have been invented before now.
This lesson not only gives you a great appreciation for the Internet as the foundation for Bitcoin, but you'll gain a new appreciation for the Internet in general.
This is the next component in my formal definition of Bitcoin to be broken down and explained.
Think about all the assets that we own and how their owners are tracked.
We have a database that tracks who owns each bit of land and we have a database that tracks who owns each of the cars on the road.
But what has this got to do with Bitcoin? You'll find out in this lesson.
When it comes to money, what's one of the first things that comes to mind? Security.
Encryption is a way of scrambling information online so that if it gets 'stolen' in transit, no one can do anything with it.
In this lesson you'll see how security is handled on the Bitcoin network which aims to give you a deep confidence in using it.
Why do all the cars stop at a red traffic light? Does red light stop car engines from working properly?
No. So why does everyone stop?
Because everyone has agreed to that rule. When the red light shows, you stop your car at the line.
And what happens if you break the rule and carry on driving through a red light? Bad things happen.
It's the name in the Bitcoin network. Things are setup so that crime doesn't pay, with Bitcoin is pays to be honest.
A quick check to make sure the section has sunk in.
Have you ever been asked this question? What is money?
Have you ever asked anyone this question? If not, why not?
Is it because you think you already know?
You may well know what money is, but since Bitcoin represents the end of money as we know it, it's time to revisit how we define money so we know what's valuable and what isn't.
There is a difference between money and currency, but to explain the difference is a bit complicated. That's why this question is dealt with in three smaller parts.
In part 1 I tell you the story of Chris and Dan and in doing so, you'll learn how something gains value and becomes money.
What else can we use money for other than spending? Is there anything?
Sometimes yes. This lesson explores when that is the case.
In this lesson we run a little experiment on Gold and see how good it is when used as money.
Here we run a second experiment on paper money and see how good it is when used as money.
In this third and final experiment we look at Bitcoin and the whole category of crypto-currencies and see how they shape up when used as a form of money.
Now we have taken a detour and compared a few different kinds of money we can draw some conclusions about the difference between money and currency.
That's what we'll do in this lesson.
Now we look at a little hit of history. We look back to a previous financial system called The Gold Standard.
This lays the foundation for the next couple of lessons.
Now we know what The Gold Standard is, we can take the next step and look at Central Banks and the purpose they serve in the modern world.
This is important when considering how different things will be in Bitcoin world.
Finally we reach the financial system we have now. You'll see how we arrived here and how Bitcoin is the next evolution of money.
See what you have learned about the value of money and currency
Do you like paying taxes? Probably not. But I bet you like paying hidden taxes even less!
In this lesson we look at how inflation is the silent tax that drains your wealth over time, and drains it so gradually it's hard to detect.
There were no doubt good intentions when the Federal Reserve was appointed as the central bank of the USA, however the reality of the events that have unfolded have done more harm than good.
In this lesson you'll see another major benefit to moving to a Bitcoin world.
What do you call a person who does the same thing over and over again and expects a different result?
In this lesson you'll see clearly how humanity has not learned it's lessons when it comes to building a financial system that lasts.
The problems in the world aren't really the fault of those in power. It's simply that they don't know everything there is to know.
With that being the case, in this lesson we'll learn the consequences of allowing the few to make decisions for the many.
This may come as a particular shock to those in the UK and the USA but it has to be known.
In this lesson we reveal another truth that isn't ever talked about when it comes to banks and your money.
In the last lesson in this section we bring everything back together so you get to see the big picture of the current financial system and why it's time for change.
The contents of this video are derived from an essay written by Matthias Chang from Global Research and published in April 2013.
We make no claim over this material, we simply decided to include this in the course because Matthias wants people to learn the truth about the banks.
Original essay available at the following link:
So, what have you learned about our current banking system?
A Bitcoin wallet stores your digital money just like a real wallet.
In this lesson we'll take an overview of Bitcoin wallets.
Which type of Bitcoin wallet is right for you?
In this lesson I walk you through the various types of wallet to lay the foundation for the rest of the lessons in this section.
Bitcoin core is the original Bitcoin wallet that started it all.
In this lesson I walk you through the process of downloading and installing the Bitcoin Core wallet.
Watch the lesson first before deciding whether this is the right option for you.
As an extension to the Bitcoin Core wallet, Armory provides a host of additional features include many more ways to secure your Bitcoin keys.
We'll walk through installing Armory in this lesson.
If you want convenience in using Bitcoin then you'll likely want to use a web wallet.
In this lesson I demonstrate the process of setting up a brand new Bitcoin web wallet.
For the ultimate security we have Bitcoin hardware wallets. These are physical devices that you carry with you that no one can hack into via the Internet (mainly because they are not even connected to the Internet!).
We'll look at two options in this lesson.
How well do you know your wallets?
With Bitcoin you are only ever limited by your imagination. However in this lesson I give you the basic roles that you can play in supporting the Bitcoin economy.
The simplest role you can play in the Bitcoin economy is a simple users who earns and spends it. We'll look at this role in this lesson.
A full Bitcoin node is the next level up in terms of commitment to Bitcoin. This involves using your own computer and Internet connection to make the network more secure.
I have referred to the miners a few times before in this course but now it's time to address them directly.
Becoming a miner is the next level up in terms of commitment to Bitcoin and is a big leap.
I share with you my exact method for becoming a Bitcoin miner in the most effortless way possible.
The final role you can play in the Bitcoin economy is for the most technical people. That is becoming a Bitcoin developer.
There's an endless list of tasks ready and waiting for the attention of Bitcoin developers.
What have you learned about becoming a part of the Bitcoin economy?
It's time to get yourself some Bitcoins. This lesson is a simple introduction to this new section.
How would you like to get some Bitcoin for free?
That's what I'll show you how to do in this lesson.
Would you like to buy Bitcoin anonymously? Then a Bitcoin ATM may be the thing for you.
But what is a Bitcoin ATM? And where can I find one?
We'll answer those questions in this lesson.
It gets a little bit tricky when you want the old financial system to interact with the new Bitcoin financial system.
This happens for example if you want to buy Bitcoin with a credit card.
In this lesson however we'll show you how to solve that problem.
How would you like to earn Bitcoin by just searching the web like you do every day?
That's what I'll show you how to do in this lesson.
Do you ever buy stuff on Amazon?
Exactly, who doesn't. But what if I told you that you could get 20% off everything you buy when you pay with Bitcoin?
That's what I'll show you how to do in this lesson.
What do you get if you cross eBay with Bitcoin?
You get an auction site that you can buy stuff from using Bitcoin but also earn Bitcoin from by selling your old stuff.
We'll explore that in this lesson.
What would happen if you could buy and sell anything you wanted, directly between you and another person with no restrictions?
Well we don't know because it's never been possible, until now.
What else can I buy with my Bitcoin?
In this lesson we'll look at an online directory you can use to find almost anything you want to buy with your Bitcoin.
Now we have reached the end of the program the fun really begins.
It's now time to go out and start using Bitcoin and integrating it into your life one bit at a time.
Freedom is My Highest Value
… and I believe it’s a value shared by many, many people.
I believe the human spirit is always seeking expansion and fuller expression. However, the world we live in does not exactly provide an ideal environment for it.
My Mission in Life
… is to find ways to freedom and then to share them with you.
Whether it be time freedom or financial freedom, freedom of mind, emotional freedom or spiritual freedom, they each contribute to a better world and a better life.
I believe you can start anywhere but a certain amount of each is required to achieve true success, however you personally define it.
I’m Also Impatient
… because I believe life is short and that time is our most valuable resource.
I believe that when you have the opportunity to spend some money in order to save some time, you should take it.
When you spend some money, you can always make more. When you spend some time, you can’t … get it … back.
Financial freedom leads to time freedom, which means having time that you can spend in any way your heart desires (emotional freedom).
I believe your life is precious, that it should be filled with many, varied and wonderful experiences.
The time I help you save can then be re-invested in those wonderful experiences that lead to personal happiness.