Course 4 of 8
Learn Crypto
Understand blockchains, Bitcoin, Ethereum, wallets, custody and crypto risk.
7 lessons · about 35 minutes
Cryptocurrency is the most volatile asset class taught in Study. These lessons explain the technology in plain language and are unusually direct about risk, custody and fraud, because that is where beginners lose money.
- 01
What Is a Blockchain?
Beginner5 minA blockchain is a shared record of transactions maintained by many computers at once.
- 02
What Is Bitcoin?
Beginner5 minBitcoin is a decentralised digital asset with a fixed maximum supply and no issuing authority.
- 03
Ethereum and Smart Contracts
Beginner5 minEthereum is a programmable blockchain where applications run as smart contracts.
- 04
Wallets, Keys and Custody
Beginner6 minWhoever controls the private keys controls the assets.
- 05
Crypto Volatility and Risk
Intermediate5 minCrypto adds technological, regulatory, custody and counterparty risk on top of extreme price volatility.
- 06
Crypto Scams and Red Flags
Beginner5 minCrypto fraud follows a small number of recognisable patterns.
- 07
Where Crypto Fits in a Long-Term Plan
Intermediate4 minIf crypto is held at all, it is held with rules set in advance.