What is Bitcoin?
Bitcoin is the first and only decentralized digital currency that allows people to securely send, receive, and store value without relying on banks or governments. It operates on a global, peer-to-peer computer network using blockchain technology, offering transparency, fixed and limited supply, and censorship resistance.
Why does Bitcoin have value?
Bitcoin has value because it’s scarce (only 21 million), decentralized, secure, and useful for storing and transferring money without relying on banks or governments. Unlike fiat currencies, Bitcoin is immune to quantitative easing and other inflationary measures. Because Bitcoin is a digital currency, it is highly portable and therefore extremely easy to transact with globally.
How does Bitcoin work?
Bitcoin isn’t controlled by a government or company. It runs on a secure code that uses advanced mathematics (cryptography) to protect your money and verify every transaction on a distributed ledger. Instead of trusting banks, Bitcoin relies on a global network of computers that follow the same math-based rules, making it fair, predictable, and nearly impossible to cheat.
Curated Educational Resources
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Videos (beginner-friendly)
Swan Bitcoin’s free “Welcome to Bitcoin” introductory course is a friendly, one‑hour, self‑paced lesson designed to demystify Bitcoin—covering what it is, how it works, debunking common myths, and explaining its benefits like inflation protection and financial sovereignty.
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Book (beginner-friendly)
A concise book that explains the ‘how’ behind Bitcoin, covering its key technologies and the economic problems it solves without requiring technical expertise.
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Book (beginner-friendly)
A short, accessible guide that explains what Bitcoin is, why it matters for individual freedom and global financial fairness, and how it can empower people around the world.
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Essays (beginner-friendly)
A curated collection of essays that is structured to guide readers—especially those new to Bitcoin—through the key economic, technical, and philosophical ideas underpinning Bitcoin’s design and importance.
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Book (beginner-friendly)
This short book makes a clear, accessible argument for why Bitcoin is poised to become the dominant global store of value, highlighting its economic, technical, and societal advantages over traditional money.
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Documentary (beginner-friendly)
This free 1.5 hour documentary explores how our broken, unjust fiat monetary system fuels inequality and war—and proposes Bitcoin as a more just, equitable, and peaceful alternative through insights from interfaith and Bitcoin leaders.
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Whitepaper
The original Bitcoin whitepaper, written by Satoshi Nakamoto, that proposed a peer-to-peer electronic cash system that enables trustless digital payments without relying on a central authority, using proof-of-work and a decentralized network to solve the double-spending problem.
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Book
This lengthier read examines the history and failures of monetary systems, arguing that technological innovation—especially Bitcoin—is essential to fixing the deep structural problems in today’s global financial system.
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Book
A foundational book that explores the history of money and argues that Bitcoin is the best candidate for a future global sound money system, rooted in Austrian economics and hard money principles.