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Bitcoin & Blockchain for Beginners
Rating: 4.2 out of 5(202 ratings)
3,650 students

Bitcoin & Blockchain for Beginners

Learn how to Buy, Send and Invest in Cryptocurrencies
Created byOne Month
Last updated 6/2019
English

What you'll learn

  • Buy $5 USD of Bitcoin (BTC) on Coinbase
  • Send and receive Bitcoin
  • Setup a Trezor for cold wallet security
  • Understand how to speak about Bitcoin, Blockchain, Altcoins, Ethereum, and much more.

Course content

2 sections • 19 lectures • 2h 3m total length

  • Welcome3:24

    Let's go through the basics of what a digital currency even is, and how Bitcoin fits into it. 

    Digital Currency - Most of us don't actually have money physically in a bank. Most of the 'money' we make and spend is moved and managed digitally. If you use direct deposit, money is moving between you and your company digitally. The US dollar and most other national currencies are just as digital as Bitcoin. 

    Bitcoin (BTC) - not a coin! But it is a digital currency - you can send someone bitcoins much faster, more safely, and without the middlemen or fees associated with traditional banking - because it is controlled by a network of people, not one single authority. 

    Coinbase - A site where you can buy and sell bitcoins. 


  • What is Bitcoin?6:39

    Bitcoin is two things: it's a digital currency, and a technology. Let me explain... 

  • How does the Bitcoin technology work?10:04

    The Bitcoin technology (known as the blockchain) revolutionizes how we share data, and identity across the Internet. 

  • Where did Bitcoin come from?10:43

    A five minute history of Bitcoin including stories of BitGold, Satoshi Nakamoto's 2008 white paper, the Mt. Gox crash, and Bitcoin Cash.

  • How to setup your Coinbase account5:05

    Let me walk you through how to set up your Coinbase account.

  • How to buy your first Bitcoin (BTC)5:53

    Let's buy $5 USD worth of bitcoin together! 

  • Two Factor Authentication3:53

    How to setup 2FA on both your Bitcoin and your email account for increased security 

  • Send and receive Bitcoin2:55

    In Coinbase, you can set up your Bitcoin wallet to only receive Bitcoins, and well as to send Bitcoins to other people. Your wallet address is almost like an email address, so when people send you money, they use your wallet's QC code or hash. 

    When you want to send money from your wallet, you'll put in the person in question's address. The fees involved should be pretty low, and the transfer should happen pretty quickly. 

  • Public keys4:35

    Let's learn about Public Keys, and what you need to know to keep your identity safe. 

  • Private keys3:23

    Now let's talk about private keys, and how to keep them secret, keep them safe. 

    A private key is a secret number that allows bitcoins to be spent. It is, more or less, your password.

    If you're on Coinbase, the site holds onto your private key for you, and you get access to it by logging in. Which makes Coinbase... kind of like a bank. 

  • Never leave your money at the exchange8:44

    Three reasons why you should never leave your money in Coinbase, Kraken, Poloniex or ANY online exchange. 

  • Hot wallet vs. cold wallet5:53

    What's the difference between hot wallet storage, and cold wallet storage?

  • How not to lose your coins5:41

    Your four step security checklist! 

Requirements

  • Nope! This course is designed for complete beginners.
  • Fluency in English
  • Come self-driven and motivated to learn!

Description

Bitcoin is two things: a digital currency AND a new technology.

One Month Bitcoin will give you the tools to think intelligently about the technology of Bitcoin, and the skills to buy, trade, and store your digital currencies.

In this one hour course you will: 

  • Buy $5 USD of Bitcoin (BTC) on Coinbase
  • Send and receive Bitcoin 
  • Setup a Trezor for cold wallet security
  • Understand how to speak about Bitcoin, Blockchain, Altcoins, Ethereum, and much more. 

I'm going to give you a framework for understanding Bitcoin. By the end of this hour you'll be able to speak confidently with friends and co-workers, and you'll be able to answer that most frequently asked question: "Should I buy Bitcoin?"

Who this course is for:

  • Individuals interested in investing in cryptocurrencies
  • People curious about whether or not it makes sense for them to buy/sell things in Bitcoin
  • People curious about the decentralized web/the blockchain
  • Business owners who want to diversify their payment methods

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