Welcome to Crypto for Beginners. In this book, we will explore together the exciting and ever-changing world of crypto. If you are anything like me, then crypto will blow your mind. You will discover it is a bottomless rabbit hole, perhaps one that will not be fully explored in our lifetimes, certainly not by the […]
To understand the problems we face that Crypto & Bitcoin might solve, we first need to understand money. This first chapter is a brief glimpse at money throughout history, then we can take a more detailed look at today’s money known as fiat, and how it is different from crypto and more importantly, […]
In 1984 Nobel prize-winning economist Frederick Hayek said,
“I don’t believe we shall ever have good money again before we take the thing out of the hands of the government.”, “We can’t take it violently; all we can do is by some sly roundabout way introduce something that they can’t stop.”
On 1st November 2008, a Cryptography […]
Ever wonder how secret messages are sent? Cryptography is the science behind it all! It’s the math that makes sure secrets stay hidden, and it’s also what makes cryptocurrencies like Bitcoin possible.
In this chapter, we will look at three different cryptography methods so you can better understand how cryptocurrency works. The following chapters will focus […]
In this chapter, we will install the Exodus wallet app, learn how to purchase a small amount of bitcoin, and send it directly to our new wallet. We will take personal responsibility for it by backing up the wallet and keeping it secure. We will then set up a second wallet app, Muun wallet, and […]
Welcome to the technical stage of our journey through the fascinating world of Bitcoin, where trust is no longer dependent on intermediaries like banks or corporations. In this eye-opening adventure, we will unravel the inner workings of the Bitcoin network and discover how it sends, receives, and secures our precious bitcoins through our wallets. On […]
In the previous chapter, we saw exactly what a node does and how it is vital to the network, perhaps more vital than the miners. In the early days of Bitcoin, running a node and mining was the same bit of software but as mining has become more competitive, miners tend to run the mining […]
Centralized exchanges are the big banks of the crypto world. It is my opinion that a few of them, and their leaders, are a force for good, but using a centralized exchange is counter to the ethos of crypto, and we should use them as little and as infrequently as possible, and most of all, […]
This section will teach us much of the trading terminology we need to get started. The difference between market and limit orders, base and quote currencies, and more. These tutorials are intended to show how to learn your way around the trading interface of almost any exchange. The instructions are designed to be generic and […]
One more thing to take a bird’s eye view before you move on to buying and selling on an exchange for real. If you have already made a trade, congratulations, if not it doesn’t matter. So, let’s see how we might withdraw some crypto to a wallet.
Withdrawing crypto
As with trading crypto, it varies slightly from […]
