Bitcoin Resources

The Bitcoin Ecosystem

To kick off your education, Cryptocurrencies like Bitcoin are pre-programmed to create a set amount of coins. Once this limit is reached, no new coins will be created. This creates scarcity. For instance, the algorithm that governs Bitcoin will create no more than 21 million Bitcoins. 

Think about this… There are 35 million millionaires in the world. That means if every millionaire wanted to own an entire Bitcoin, they wouldn’t be able to.

There literally is not enough to go around.

Contrast that with paper money. With paper money, there’s no limit to how much can be created. However, gold is finite. That limits how much new gold can be refined each year.

You can see that cryptocurrencies actually have more in common with gold than with paper money.

Now that you understand that, let me explain how Bitcoin works…

Getting Started:

The History of Bitcoin:

News Sites:

Podcasts:

Discussion Forums:

Miscellaneous Statistics:

Transaction Fee Estimates:

Block Explorers:

Visualizations:

Mining:

Deep Dive Technical Resources:

Developer Tools:

Security:

Setting up a Wallet:

Choose your wallet here
You’ll note that there are a variety of options.
My wallet recommendations:

Note that it is NOT recommended that Bitcoin newcomers use the Bitcoin Core wallet. The Core wallet is much more resource intensive than other wallets and will not function properly unless it is running constantly on an active Internet connection.

Running a Node:

NOTE: One of – if not the most – comprehensive resources for learning about Bitcoin with over 20 categories ranging from history, to buying BTC, setting up a wallet, technical information, mining, security, and trading

Online Courses:

Documentaries:

Video Presentations:

High Quality Blogs:

Buying Bitcoins:

Vendors Accepting Bitcoin:

Advanced Trading:

Realtime Exchange Data:

Privacy:

Lightning Network:

Bitcoin Forks:

Crypto Careers:

Crypto Charity:

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