This course will cover the history of Bitcoin, how Bitcoin works, the different types of cryptocurrencies, how they are bought and sold, and how to secure your digital assets, among many other topics.

Course Description

2 CPD Hours

The following topics will be covered in this What is Bitcoin:

• The Fundamentals of Bitcoin
  1. What is Bitcoin
  2. What is the Purpose of Bitcoin?
  3. Why was Bitcoin Created?
  4. Is Bitcoin Legal?
  5. What is a cryptocurrency exchange?
  6. Do I have to Buy a full Bitcoin?
  7. How do I buy Bitcoin?
  8. How do I send Bitcoin to someone?
  9. Where do I store my Bitcoin?
  10. Difference between custodial and non-custodial wallets.
  11. What if I lose my Bitcoin private key?
  12. How to detect a Bitcoin scam.
  13. How Centralized Exchanges Can Collapse.
• The Technology Behind Bitcoin
  1. What is Blockchain?
  2. What makes Bitcoin different from fiat currency?
  3. What is the importance of your private key?
  4. What is Bitcoin Mining?
• Unlocking Financial Freedom: Real-Life Applications for Bitcoin
  1. Digital Gold
  2. Peer-to-Peer Transactions
  3. Remittances
  4. Online Purchases
  5. Bitcoin as an Investment
  6. Collateral in Decentralized Finance Applications
  7. Microtransactions
  8. Charitable Donations
  9. Wealth Preservation
  10. Cross-Border Trade
  11. Financial Inclusion
  12. Store of Value in Hyperinflationary Economies
  13. Privacy and Security
  14. Education and Research
  15. Gaming and Virtual Goods
• Quiz