INTRO TO BITCOIN

Program Structure

Part 1: Introduction to Bitcoin

Learning Outcome: Understand what Bitcoin is and its basic features.

Bitcoin is a decentralized digital currency that operates without a central authority.

History: Created in 2009 by an anonymous figure known as Satoshi Nakamoto; key milestones in its evolution.

Key Characteristics: Decentralization, limited supply (21 million coins), and global accessibility.

Part 2: How Bitcoin Works

Learning Outcome: Grasp the fundamental mechanics of Bitcoin.

Blockchain: A public, immutable ledger that records all Bitcoin transactions.

Mining: The process of validating transactions and securing the network, rewarded with new bitcoins.

Transactions: How bitcoins are sent and received using digital wallets and addresses.

Part 3: Benefits and Challenges

Learning Outcome: Analyze the pros and cons of Bitcoin.

Benefits:

Decentralization: No single point of control or failure.

Security: Cryptographic protection against fraud.

Financial Inclusion: Accessible to anyone with internet access.

Part 4: Real-world Applications

Learning Outcome: Recognize practical uses of Bitcoin.

Examples:

Online Purchases: Used on platforms like Overstock or Microsoft.

Send/Receive: Lower-cost international money transfers.

Investment: Seen as a store of value or speculative asset.

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Conclusion

This "Intro to Bitcoin" program offers a comprehensive yet accessible introduction to Bitcoin, ensuring learners gain a solid understanding of its core concepts and real-world relevance.