• Post category:Udemy (Feb 2022)
  • Reading time:7 mins read


The Complete Bitcoin Course to Help You Build, Grow & Protect Your Wealth

What you will learn

Learn the meaning of blockchain and the blockchain technology operation extensively

Learn about the world’s largest cryptocurrency, Bitcoin, and how it works

Learn about standard terms used when discussing Bitcoin and blockchain in real-life business situations

Learn all you need to know about Bitcoin trading, mining, and how they work

Learn about Bitcoin concerning the economy, how Bitcoin gets its value, and the mechanics behind Bitcoin exchanges

Learn about Bitcoin wallets, how they work, why you need them, and the different types of wallets available

The course teaches how to apply the blockchain technology behind Bitcoin to practical, real-world scenarios

The course is structured and optimized to be understandable by beginners and experts alike

The lessons in this course will teach you numerous strategies and tactics that would hasten your success if you decide to go into Bitcoin

Description

Bitcoin is taking over the digital currency sector by storm, with digital currencies already being termed the money of the future. Many traders take advantage of Bitcoin to earn passive income and diversify their investments in the process.

By taking this course, you’ll learn about the fundamentals of cryptocurrency and the blockchain which will teach you how Bitcoin fits into the whole digital currency story.

Firstly, you’ll start by learning the general introduction to money and the background and history of Bitcoin. Then you’ll get to know about how Bitcoin works, and why the term “blockchain” always gets thrown around whenever you hear about Bitcoin.


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This course will extend to teaching you all you need to know about Bitcoin mining and trading. You’ll get to learn different strategies and tactics that will help you build, grow & protect your wealth over time. By taking this course, you’ll also learn how Bitcoin impacts the economy of a nation as a whole.

The course instructors are professionals who are well versed in Bitcoin and blockchain technology. Using their wealth of experience in cryptocurrency, these instructors will introduce you to cryptocurrencies, using Bitcoin as a case study.

Furthermore, you’ll learn about the relevance of Bitcoin wallets, the different types of Bitcoin wallets, and how to use them. If you’re worried that your Bitcoin will be unspendable after accumulation, this course will also explain how to exchange your Bitcoin for valuable services.

English
language

Content

The History of Money

Introduction
Brief History of Money
The barter system
Cowry shells: A form of currency
The Gold Standard
The importance of trust
Characteristics of money
Purchasing Power of the U.S. Dollar Over Time

The Mysterious Birth of Bitcoin

The 2008 global meltdown
The birth of Bitcoin
Bitcoin’s white paper
Genesis block & Block one

Understanding Bitcoin

Definition of Bitcoin
Characteristics of Bitcoin
How does Bitcoin work?
Demystifying a bitcoin transaction
Steps of Bitcoin Transaction
Bitcoin and the double spending problem

Mining Bitcoin

Introduction
Bitcoin halving
Halving cycles
Mining terminology
Bitcoin Mining Machines
Hash power
Hash rate
Hash function
Hash Values
The Mining Process
How to mine bitcoin?

Bitcoin & The Economy

Introduction
Bitcoin as an alternative to the traditional financial systems
Forces of Demand and Supply
Bitcoin markets (exchanges)

The Blockchain Technology

Introduction
Bitcoin vs. Blockchain
Definition of Blockchain
Cryptographic hash, timestamp & transaction data
Bitcoin Addresses
Block Height
Block Rewards
Encryption & Decryption
Private and Public Keys

Bitcoin Wallets

Introduction
Hot wallet vs. Cold wallet
Software wallets
Hardware wallets
Paper wallets

Adoption of Bitcoin

Introduction
El Salvador’s adoption of bitcoin

Conclusion

Conclusion