A beginner-friendly and comprehensive approach to learning Bitcoin - one bite at a time!
03/01/2023
I just finished my new section: what is gold and why is it valuable? Several (free) videos and lessons on the history and key aspects of the yellow metal. Would love feedback here, thank you!
02/16/2023
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The goal of bitcoinfirstdraft.com is by Dec 2023 to be the prominent one-stop-shop for bitcoin learning.
Coming soon, Bite-size learning here will reinforce key topics from fun and unique viewpoints.
Thank you!
02/13/2023
The origins of modern-day money trace back to the use of IOUs in small tribes of humans starting tens of thousands of years ago. The problem of direct exchange (sometimes called barter) was solved by individuals keeping track of who they owed an “IOU” to, as well as who owed them “IOUs.”
This practice is still common today – how many of your current friends do you owe favors to? Or them to you? Do you keep track? Do you call in favors when you need to?
Sometimes the transaction size was large, or a person might be exchanging with someone they may not see again. In these cases, a more robust solution was sought. People could use items like salt, wheat, to***co, animal furs for warmth, etc that were valued for consumption. Additionally, these items were valued by all tribe members for consumption. You could trade them later in exchange for something you need at that time; they were a medium of exchange.
Coinage came to be at the start of the Bronze Age ~5,000 years ago and represented an easier way to track IOUs and a better option (more durability, no shelf life, no rot, corrosion, etc) for a medium of exchange.
Money is just a tool to make everyday exchange as convenient as possible. See more at bitcoinfirstdraft.com/what-is-money
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To learn everything you need about cryptocurrency - you need to start by learning the first: bitcoin. To learn bitcoin there are a handful of topics you need to know: money, gold, banking, cryptography, computer networking, how to buy and store bitcoin, and a few more.
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Welcome to Bite-size Bitcoin Learning! We're here to simplify the confusing world of Bitcoin and make it more accessible and digestible for everyone, with a side of humor. With our beginner-friendly and comprehensive approach, we'll be using funny memes to make learning about Bitcoin a fun and lighthearted experience. You'll be an expert in no time! Get ready to have a good laugh while you learn all about Bitcoin, in manageable pieces. Join us on this exciting journey!