Why Bitcoin Matters
We are in the midst of the greatest financial crisis the world has ever known, and most aren't even aware of it. This crisis was intentionally engineered and made possible only because of the centralized, criminal financial system we currently have in place.
By applying economic and mathematical principals and proofs, the inventors of Bitcoin proposed an open source, peer-to-peer, electronic cash system that has now demonstrated it's viability as a store of value. This system empowers you, the individual, with complete and total ownership of your assets.
Current Financial System
Many people have an intuitive feeling that something isn't quite right about the existing financial system and some realize that there is corruption in the industry. What most don't realize is that our current system was designed from its very inception as a means to concentrate wealth and power in the hands of a few with the final goal of complete slavery of the people.
Historical Alternatives
We will review historical alternate forms of currency such as precious metals like gold and silver, coins and paper notes along with examining each of their strengths and limitations.
Cryptography
Cryptography is the science and art of secret writing and it's the core of cryptocurrencies. It's been around for thousands of years as humans have needed ways of communicating secretly. Understanding cryptography is 'key' to understanding cryptocurrencies. (You'll get this pun by the end of the course!)
Blockchain Basics
We believe that confidence comes from understanding. You will get a complete picture of the various aspects of cryptocurrency technology
- Cryptography - how it's applied to cryptocurrencies
- Mining - the process by which nodes in a decentralized system reach consensus and new units are mined
- Blockchain - an immutable ledger
Open Source
'Open Source' is a concept that began with software developers who wanted to create 'free' (free as in liberty) software. The internet as we know it wouldn't exist without open source software. Learn about why it's important, especially for finance, and how it applies to cryptocurrencies.
Altcoins
Bitcoin, being open source, ignited the open source community to make derivatives of Bitcoin with modifications as they saw fit, called altcoins. Litecoin was one of the first altcoins that was developed.
We will go on a deep dive into 2 cryptocurrencies
Risks and Rewards
Every asset class has its own risks and rewards. We will examine the technological, logistical and various other risks associated with cryptocurrencies. Risk is only worth taking if there's reward. Understand the technical and fundamental analyses behind why some crypto assets have massive growth potential, such as having a limited supply (only 21 Million Bitcoin will ever be issued).
Workshop
Jump into the world of crypto with a hands on walkthrough of setting up your first digital wallet on your iOS, Android or Laptop device, create multiple Bitcoin and Litecoin addresses, receive funds and send funds! Best of all, get an opportunity to network with other like minded individuals!
