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A cryptocurrencies primer
With Bitcoin passing $11,000 recently (October 2017) I had a few friends reach out and ask about Bitcoin. As many of you know, I completed a Masters in Digital Currency from the University of Nicosia in the spring of 2018. This post serves as an introductory primer to cryptocurrencies for non-technical folks. I will attempt to stay at a high level and will talk about cryptocurrencies as a whole rather than Bitcoin individually. There are many areas that I skim over (such as mining and proof-of-stake) which will be a separate blog post after this one.
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Bitcoin Is Money
The following are two essays that I wrote for a Banking and Finance class for my Masters in Digital Currency. The assignment was two short essays, one on why bitcoin is money and another on why bitcoin is not money. Both have been edited slightly.
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Certificate of Accomplishment, DFIN-511 Introduction to Digital Currencies
The University of Nicosia uses the Bitcoin blockchain to verify the authenticity of certificates that have been awarded.
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What is the average amount of time between blocks mined?
I am taking an online class through the University of Nicosia and covers Bitcoin and the Blockchain. It is a free MOOC and can also be used as credit towards their Masters in Computer Science.