As Bitcoin tries to gain a firm foothold as a stable form of digital currency (fighting against alternative crypto-currencies who want to do the same), there are many people in the world who are scratching their heads at what it is all about.
This is not good for Bitcoin because the more people who don’t understand the digital currency, the less likely will be its mainstream acceptance. This would leave Bitcoin as a niche currency for criminals, and people who don’t trust the government with real paper and coins currency. This would be a shame, because restaurants and businesses are now starting to accept it, as well as PayPal.
Which is why it warms my heart (to use a phrase from my Queen), that there are lots of good courses and tutorials on the web, for anyone interested in finding out more about the crypto-currency. Obviously newspapers and magazines have done their own research. The best publication in this regard is Wired Magazine, who have done lots of very informative and insightful articles over the years. In fact, they did their own great guide to Bitcoin, and the Economist also did the same.
Or how about this trippy video?
If that isn’t enough, here are 5 other resources worth your very valuable attention.
Udemy is a site where you can take online courses, similar to places like Khan Academy. They currently have a course called “Bitcoin or How I Learned to Stop Worrying and Love Crypto”. The course is free of charge, and no special knowledge or qualifications are required for you to start. The course spans 24 lectures over 8 hours. And there is a bonus lecture if you want to learn more.
They even have a Bitcoin wallet if anyone wants to donate Bitcoins to fund future content development of the course. Maybe when you have become an expert, you can buy some Bitcoins and send some Udemy’s way.
Try Bitcoin! is an interactive tutorial with Babou the cat. The tutorial consists of just reading the screen, and clicking the next button to proceed to the next screen. You get set up with a temporary wallet which is populated with 3 cents worth of Bitcoin. You can donate some of those 3 cents to 4 charities — American Cancer Society, American Red Cross, Sean’s Outpost, Unicef, and Electronic Frontier Foundation.
Eventually though, it demands access to your Facebook account and friends list, which is where perhaps you should probably end it. But before then, you get a lot of useful information.
As I said at the beginning, there are a lot of tutorials and courses about Bitcoin on the web, and Team Bitcoin is attempting to bring the details of them all together on one page. Most of the courses seem to be on Khan Academy, but there are also a few others, including TED and Quora. This is definitely a page to bookmark and check back on often.
We Use Coins is also a great site full of useful and practical information, especially the section where you are told how to become a Bitcoin miner (Danny also wrote a great Bitcoin mining article). There is also good information for any merchants who are thinking of using Bitcoin in their business, plus of course the obligatory YouTube video.
Sometimes, the best way to understand something is to turn it into a game. That is the concept behind Bitcoin Millionaire, which is available for iOS, Android, Facebook, and the browser. There are 6 levels, and each level has 6 questions. The higher the level, the harder the question.
You can play quizzes to test your knowledge of Bitcoin, as well as set up a wallet with Bitcoins inside. Send and receive Bitcoins, and share on Facebook to get more. Hopefully by the end of it, you will have picked up the fundamentals of how it all works.
These are just 5 of many, many resources on the web regarding Bitcoin. Which resources do you prefer? If you have Bitcoins, what has been your experience of it so far?