Beginner's Guide to Bitcoin

Understanding Bitcoin, like what it is, where it came from, and how it works provides a solid foundation for being able to navigate the entire crypto space.

What is Bitcoin?

Depends on who you ask. If it’s Warren Buffet, he’d say it’s “probably rat poison squared“. (But then invests in a digital bank that focuses on crypto.) Unless you’ve been living under

Why Was Bitcoin Created?

Depending on who you ask, the word “Bitcoin” can have many different definitions. And as some start explaining what Bitcoin is, that’s when you’ll typically start hearing tech jargon spewed

What Problems Did Bitcoin Solve?

Why is it often hailed as a game-changer in the world of money? As mentioned in an earlier lesson, a mysterious figure who called himself, Satoshi Nakamoto authored a white

What is a Distributed Ledger?

The first step to understanding how Bitcoin works is to become familiar with the concept of a “distributed ledger“. In the previous lesson, I explained how Bitcoin is a new type of

The Bitcoin System and Its Components

What is Bitcoin? While “Bitcoin” is usually mentioned as a cryptocurrency, it’s more than that. Bitcoin is actually a system. Like with any system, the Bitcoin system is a collection of elements

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