Bitcoin for Everybody
Learn more about blockchain and Bitcoin technologies in general with this free online course.
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CertificationView course modules
This course begins with a comparative discussion on Bitcoin economics and explores the history of money. This is followed by an explanation of the various attributes of a good store of value. Next, the course covers the Gartner hype cycles of money adoption. This is followed by an outline of the Gartner cohorts and the transition of money to a medium of exchange. The course then maps the nature of money compared to that of Bitcoin. Various common misconceptions such as the “Bitcoin bubble” are also discussed. Next, the material elaborates on the use of energy in any medium of exchange and the Bitcoin Proof Of Work (POW). This is followed by an explanation of the foundation and backing behind Bitcoin and money in general. It then goes ahead to discuss Bitcoin security and how Bitcoin is making other monies obsolete. This is then followed by an eye-opening discussion that compares Bitcoin and pyramid schemes, and why a government ban is unlikely.
You will then dives deeper into Bitcoin technology by looking into a brief history of the Cypherpunks Write Code. This is followed by an explanation of Bitcoin nodes and blockchain technology and how nodes interact with each other in a network. You will then look into the working of Bitcoin from the level of mining, validating and transacting. This is followed by an explanation of the Bitcoin governance model, control process and its owners. The course also compares Altcoins and Bitcoins. You will then delve deeper into the practical use of Bitcoins, and discover key concepts such as Bitcoin wallet, acquisition, security and privacy, and common scams within the cryptocurrency space.
You will uncover the concept of Bitcoin exhaustively by unearthing its history and its practical applications in today's world. Various misconceptions surrounding the existence and use of Bitcoins are clearly explained and clarified. By taking this course you will understand Bitcoin technology and apply the knowledge to invest safely and be part of the Bitcoin blockchain network. So start your learning journey today.Start Course Now
Bitcoin Economics - Learning Outcomes
The Origins of Money
The Evolution of Money
Why Bitcoin Must Use Energy and Proof of Work
Comparison of Monetary Standards
Bitcoin Economics - Lesson Summary
Bitcoin Investment - Learning Outcomes
Do Bitcoin and Money Need Backing?
What Secures Bitcoin
Bitcoin Obsoletes Other Monies
Bitcoin is Not a Pyramid Scheme
Bitcoin and the Unlikeliness of a Government Ban
Bitcoin Investment - Lesson Summary
Bitcoin Technology - Learning Outcomes
Cypherpunks Write Code
Who Controls Bitcoin
Bitcoin vs. Altcoins
Bitcoin Technology - Lesson Summary
Bitcoin in Practice
Bitcoin in Practice - Learning Outcomes
Acquiring Bitcoin and Common Scams
Using a Bitcoin Wallet
Bitcoin Privacy and Security Basics
Bitcoin in Practice - Lesson Summary
By the end of this course, you will be able to:
- Describe how money arises spontaneously
- Explain the history and evolution of money
- Identify government interventions into the market for money
- Compare the various monetary standards
- Discuss why Bitcoin is not a pyramid scheme and why it is not likely to be banned worldwide
- Explain the foundation behind Bitcoin security
- Explain what a Bitcoin wallet is and what a Bitcoin node is
- Compare the trade-offs between the use of Bitcoin and Altcoin
- Explain how Bitcoin operates despite having no direct leadership
- Distinguish between the different means of acquiring Bitcoin
- Describe the best practices in Bitcoin privacy and security
- Explain what the Lightning Network is and how it works
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
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