⚠️

Always verify before you trust. Only download wallets from official websites. Bookmark the links below and never click links in emails or DMs. When in doubt, search for the official site yourself.

01

Recommended Wallets

Wallet Type Lightning Open Source Best For
Blue Wallet Mobile Beginners
Muun Mobile Easy Lightning
Green Wallet Mobile Multi-sig security
Ledger Hardware Partial Long-term storage
Trezor Hardware Long-term storage
Sparrow Desktop Power users
💱

Where to Buy Bitcoin

02

Continue Learning

🎙️

Podcasts

Security Checklist

Before You Buy Bitcoin

Choose a reputable exchange

Use established exchanges like River, Strike, Coinbase, or Kraken. Avoid unknown platforms.

Enable 2-factor authentication

Use an authenticator app (Google Authenticator, Authy), not SMS. SMS can be SIM-swapped.

Use a unique, strong password

Use a password manager. Never reuse passwords from other sites.

Verify the exchange website

Type the URL directly. Bookmark it. Never click links from emails or search ads.

Start small

Make your first purchase a small amount. Learn the process before buying larger amounts.

After You Buy Bitcoin

Consider self-custody

For significant amounts, withdraw to your own wallet. "Not your keys, not your coins."

Backup your seed phrase properly

Write it on paper. Store in a secure location. Never store digitally. Never share with anyone.

Test your backup

Before sending large amounts, restore your wallet from seed phrase to verify it works.

Consider a hardware wallet

For amounts you'd be devastated to lose, invest in a Ledger or Trezor.

Don't tell people how much you own

You become a target. Practice privacy. You don't need to prove anything to anyone.

📑

Course Sources & Citations

The statistics and claims in this course are sourced from reputable institutions. Here are our primary references:

💵 Inflation & Dollar Purchasing Power

Dollar has lost ~87% purchasing power since 1971

Source: U.S. Bureau of Labor Statistics CPI Inflation Calculator

40% of US dollars created 2020-2022

Source: Federal Reserve Economic Data (FRED): M2 Money Supply

₿ Bitcoin Network & Supply

21 million maximum supply

Source: Bitcoin Whitepaper by Satoshi Nakamoto (2008)

~50,000+ Bitcoin nodes worldwide

Source: Bitnodes.io: Global Bitcoin Nodes Distribution

Halving schedule & block rewards

Source: Bitcoin Block Half · Mempool.space

3-4 million Bitcoin estimated lost

Source: Chainalysis Research · Cane Island Digital Research

⛏️ Mining & Energy

Bitcoin energy consumption (~150 TWh/year)

Source: Cambridge Bitcoin Electricity Consumption Index

Mining difficulty adjustment mechanism

Source: Bitcoin Whitepaper, Section 4 · Bitcoin Wiki

Banking system energy (~260 TWh/year)

Source: Galaxy Digital Mining Report

🏦 Institutional Adoption

Spot Bitcoin ETFs approved January 2024

Source: SEC Official Statement (January 10, 2024)

MicroStrategy Bitcoin holdings (500,000+ BTC)

Source: MicroStrategy Investor Relations · Saylor Tracker

BlackRock ETF (IBIT) flows

Source: BlackRock Official · Farside Investors ETF Tracker

🌍 Global Adoption

El Salvador Bitcoin legal tender (Sept 2021)

Source: IMF Country Data

Nigeria, Argentina, Turkey: high adoption

Source: Chainalysis Global Crypto Adoption Index

Ukraine crypto donations ($100M+)

Source: Elliptic Research

🔥 Ethereum Comparison

EIP-1559 fee burn mechanism (Aug 2021)

Source: Ethereum Improvement Proposal 1559 · Ultrasound.money ETH Burn Tracker

Foundational Reading

Bitcoin: A Peer-to-Peer Electronic Cash System

The original whitepaper: bitcoin.org/bitcoin.pdf

The Bitcoin Standard by Saifedean Ammous

Economic theory behind sound money: saifedean.com

Mastering Bitcoin by Andreas Antonopoulos

Technical deep dive (free online): GitHub

Lyn Alden's Bitcoin Analysis

Investment thesis: lynalden.com

📝

Note: Statistics are updated periodically. For the most current data, visit the source links directly. If you spot an error or outdated figure, please let us know.

✍️

Credits & Attribution

We gratefully acknowledge the following authors, creators, and organizations whose work informed this educational course:

Authors & Books

Satoshi Nakamoto

Creator of Bitcoin and author of "Bitcoin: A Peer-to-Peer Electronic Cash System" (2008). The foundational whitepaper that started it all.

Saifedean Ammous

Author of "The Bitcoin Standard" (Wiley, 2018). Economic concepts and sound money theory referenced throughout the course.

Andreas M. Antonopoulos

Author of "Mastering Bitcoin" (O'Reilly Media, 2014, 2017) and countless educational videos. Technical explanations adapted with appreciation.

Lyn Alden

Investment strategist and author. Her Bitcoin analysis at lynalden.com informed our investment perspective sections.

Jameson Lopp

Security expert and creator of lopp.net Bitcoin resources. His comprehensive guides informed our security recommendations.

Bob Loukas

Market cycle analyst known for his Bitcoin 4-year cycle research. His YouTube channel provides macro cycle analysis that informed our long-term perspective content.

Dan Tapiero

Macro investor and founder of 10T Holdings. His insights on institutional adoption and Bitcoin's role in macro investing informed our Wall Street and institutional content. @DTAPCAP

🎬 Video Content

Michael Saylor

Executive Chairman of MicroStrategy. Video clips used under fair use for educational commentary. All rights belong to the original creators.

YouTube Creators

Educational videos embedded are property of their respective creators. We link to official channels and do not host copied content.

🏢 Organizations & Data Providers

U.S. Bureau of Labor Statistics

Inflation and CPI data. Public domain U.S. government data.

Federal Reserve (FRED)

M2 money supply data. Public domain U.S. government data.

Cambridge Centre for Alternative Finance

Bitcoin Electricity Consumption Index data used with attribution.

Chainalysis

Blockchain analysis and Global Crypto Adoption Index data cited with attribution.

Glassnode, Messari, CoinMetrics

On-chain analytics providers whose public research informed various statistics.

⚖️ Trademark Notice

Bitcoin is an open-source project with no trademark restrictions on the name.

Ethereum® is a trademark of the Ethereum Foundation.

Ledger® is a trademark of Ledger SAS.

Trezor® is a trademark of SatoshiLabs s.r.o.

Coinbase® is a trademark of Coinbase, Inc.

MicroStrategy® is a trademark of MicroStrategy Incorporated.

BlackRock® is a trademark of BlackRock, Inc.

All other product names, logos, and brands are property of their respective owners. Use of these names, logos, and brands does not imply endorsement. This course is an independent educational project and is not affiliated with, sponsored by, or endorsed by any of the companies mentioned.

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