Start with Bitcoin and go from there...the rest only makes sense once you understand this amazing invention.

Bitcoin Related


Bitcoin has the most information available on how it works. One thing to know as you go through these videos is that they tend to refer to a person as having an address associated with them (Bob transacts with Sally). This may give you the impression that a person has a single address to send or receive coins, but in fact one person can have many addresses. Think of an address like a safe deposit box with a weird number on it. You can have more than one safe deposit box...and the same is true for addresses.

It is perfectly safe to give another person your public wallet address. They can then send you coin, but not take them from you. They would need your password (like the key to a safe deposit box) to get into your wallet and use the coins at that address. It is like having a Swiss Bank Account in your pocket. More on that later.


Here are some videos to get you started:

What is Bitcoin (Very Basic Explanation)

Another Explanation of Bitcoin



Some External Resources:

Bitcoin on Wikipedia
Bitcoin on Investopedia
Bitcoin.org --> Getting Started - How It Works - Things You Should Know
We Use Coins
Khan Academy Class on Bitcoin (Older Course, But Valuable)
Bitcoin and Cryptocurrency Technologies Online Course (12 very in depth videos)

Blockchain Related


It is quite possible that another coin may take over as the leader one day. What is not questioned by anyone is that the Blockchain is a technological advancement that rivals the Internet itself. This amazing technology will allow our civilization to move away from needing central authorities to provide trust. That is the primary purpose and what the blockchain was created for. To allow a coin, contract, property, etc. to be transferred from one person to another...without a central authority to provide trust...that is what you will learn about here.



Here are some videos to get you started:

What is the Blockchain

Another Blockchain Explanation

More in Depth Explanation of Bitcoin and Blockchain

How Blockchain Eliminates the Need for Central Institutions

Industries the Blockchain will Disrupt



Wallet Related


We will discuss wallets and how you can store your various coins here. One thing to know is that a person can have many addresses associated with them in each wallet they control. Think of an address like a safe deposit box with a weird number on it. It is perfectly safe to give another person your public address. They can then send you coin, but not take them from you. They would need your password (like the key to a safe deposit box) to get into your wallet and use the coins at that address. It is like having a Swiss Bank Account in your pocket if you have a wallet and addresses on your cell phone. Please discuss with your Mentor any questions you have on wallets until we load the details here.


Here are some videos to get you started:

Wallet Basics

What is a Wallet

Blockchain.info Hybrid Wallet Setup

Keeping Bitcoin Safe

Paper Wallet Setup

Links and Files Needed to follow along: Ubuntu Desktop Linus Live on USB Download for Paper Wallet



Transferring Bitcoin to Others Related


This section discusses the process of transferring coins from one wallet to another.


Here are some videos to get you started:

Transferring Coins From Sender to Receiver

How Change is Made with Bitcoin



Token and ICO Related

Learn about what Tokens are and how the turn into AltCoins through an ICO (Initial Coin Offering). This name came from the term IPO (Initial Public Offering) in the stock market. The dangers as well as the benefits are discussed here. There is a LOT of risk in ICOs that return a huge profit...if the ICO is successful. The ICO is like a crowd funding concept and there are many very bad, non-working projects out there since the ICOs are unregulated. We will discuss using some AltCoins for diversification, and we will let you know about ICOs we believe will be successful, but these are future gain hopes rather than ways to increase your passive income. You should invest in these at your own risk and are close in nature to gambling. You can't get your funds back if it turns out to be a scam...so you must be very careful and truely understand how it is set up, how much is raised, what the purpose is, etc.


Here are some videos to get you started:

Altcoin, Token and ICO Basics