Bitcoin and Blockchain Explained, Understanding Bitcoin and Blockchain.
The course answers the following questions:
- What is Bitcoin?
- What is Money?
- How does Bitcoin fit into our notions about money?
- How does Bitcoin fit into the history of innovation?
- How does a blockchain work?
- Why is Bitcoin different?
- How is security handled with Bitcoins?
- Why is the price of Bitcoins growing?
- What might the future hold?
We discuss money, how it functions and how cryptocurrencies like Bitcoin use blockchain technology to facilitate transactions. From a good understanding of the mechanics of the Bitcoin blockchain protocol, you will understand the role innovation plays in the process by placing the development of bitcoin into historical context. After this course, you’ll know everything you need to be able to discuss bitcoin, money and blockchain technology at an introductory level. You will be able to separate fact from fiction when reading claims about Bitcoin. We hope to provide the conceptual foundations you need.
Even better we discuss the factors that are propelling the rapid rise in the price of bitcoin, what actually effects the price of bitcoin, and what is the future of bitcoin.
NOTE: To buy a virtual currency, we recommend Coinbase. When you complete the course, we will send a link allowing you to buy $100 or more of bitcoin for $90 (we’ll both earn $10 in free bitcoin!)