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    Course Introduction
    READ: Course Syllabus
    Unit 1: Bitcoin Economics
    1.1: How Money Arises and Governmental Intervention in Money
    The Bullish Case for Bitcoin
    1.2: Critique of Keynesian and Other Mainstream Economics Arguments
    Why Bitcoin Must Use Energy and Proof of Work
    Why Deflation is Not So Bad
    Comparison of Monetary Standards
    The History of Government Monetary Intervention
    Unit 1 Recap
    Unit 1 Assessment
    Unit 1 Assessment
    Unit 2: Bitcoin Investment
    2.1: Fiat Money Inflation
    Protection from Fiat Inflation
    2.2: Bitcoin Qualities
    Do Bitcoin and Money Need Backing?
    Bitcoin Obsoletes Other Monies
    2.3: Ponzis, Bubbles, and Government Bans
    Bitcoin is Not a Pyramid Scheme
    Bitcoin and the Unlikeliness of a Government Ban
    Unit 2 Recap
    Unit 2 Assessment
    Unit 2 Assessment
    Unit 3: Bitcoin History and Philosophy
    3.1: Cypherpunk History
    Cypherpunks Write Code
    3.2: Predecessor Technologies
    Bitcoin Prehistory
    Bitcoin and the Genesis Files
    3.3: Bitcoin History
    Bitcoin Whitepaper
    SNI Literature
    SegWit2x
    Unit 3 Recap
    Unit 3 Assessment
    Unit 3 Assessment
    Unit 4: Bitcoin Technology
    4.1: Bitcoin's Ledger
    How Bitcoin Works Under the Hood
    4.2: Bitcoin Mining
    Intro to Bitcoin Mining
    4.3: Bitcoin Wallets and Nodes
    Bitcoin Nodes
    4.4: Who Controls Bitcoin?
    Bitcoin Governance
    Who Controls Bitcoin Core?
    4.5: Bitcoin and Open-Source Development
    How Bitcoin Open Source Contribution Works
    4.6: Bitcoin vs. Altcoins
    The Great Plague of Altcoins
    Unit 4 Recap
    Unit 4 Assessment
    Unit 4 Assessment
    Unit 5: Bitcoin in Practice
    5.1: Acquiring Bitcoin
    Acquiring Bitcoin
    5.2: Using a Bitcoin Wallet
    Using a Bitcoin Wallet
    5.3: Bitcoin Privacy and Security Basics
    Bitcoin Privacy and Security Basics
    5.4: Lightning Network Basics
    Lightning Network Basics
    5.5: Common Pitfalls and Scams
    Common Pitfalls and Scams
    Unit 5 Recap
    Unit 5 Assessment
    Unit 5 Assessment
    Recap: What Did We Learn?
    Course Feedback Survey
    Course Feedback Survey
    Certificate Final Exam
    PRDV151 Certificate Final Exam
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Saylor Academy © 2010-2025 except as otherwise noted. Excluding course final exams, content authored by Saylor Academy is available under a Creative Commons Attribution 3.0 Unported license. Third-party materials are the copyright of their respective owners and shared under various licenses. See detailed licensing information. Saylor Academy®, Saylor.org®, and Harnessing Technology to Make Education Free® are trade names of the Constitution Foundation, a 501(c)(3) organization through which our educational activities are conducted.