Bitcoin
Everything so far, assembled: the properties of gold, rebuilt for a digital age — with no one in charge.
- 1 The digital revolution Everything got digitized — except, for decades, money.
- 2 The cypherpunks The activists who tried to build digital cash for 20 years.
- 3 Satoshi Nakamoto An anonymous whitepaper, and a creator who vanished.
- 4 The genesis block The newspaper headline that proved a fair launch.
- 5 Digital gold Interactive Gold’s scarcity, silver’s divisibility, at internet speed.
- 6 Who do you trust? Consensus with no central authority: trust no one, verify everything.
- 7 Proof of Work Interactive Making lying cost more than it could ever earn.
- 8 Mining Interactive The global race that writes the ledger and mints new coins.
- 9 Issuance & the 21 million cap Interactive The halving schedule — hard money on a fixed timetable.
- 10 Energy money Turning real-world energy into unforgeable digital scarcity.
- 11 Entropy & the power of large numbers Interactive Why 2²⁵⁶ keeps your coins safe forever.
- 12 The blockchain Interactive BitTorrent, but the shared file is a tamper-evident ledger — see it live.
- 13 Anatomy of a transaction Interactive No balances — only coins. Spend inputs, create outputs, and build one yourself.
- 14 The life of a transaction Interactive Broadcast → mempool → the fee market → confirmations → the coinbase.
- 15 What Bitcoin is Decentralized, transparent, auditable, cryptographically secure.
- 16 Bitcoin vs other assets Interactive Pros and cons against gold, fiat, stocks and property.
- 17 But isn’t Bitcoin…? Backed by nothing, too volatile, a bubble, quantum, banned, too late — the objections, answered.
- 18 Bitcoin is not “crypto” Why Bitcoin is different from the thousands of altcoins it’s lumped in with.
- 19 Who controls Bitcoin? Nodes, miners, devs, users — soft vs hard forks, the blocksize war, and why 21M holds.
- 20 The root, not the symptoms Inequality, lost opportunity, even despair — many problems trace to one upstream cause: broken money.
- 21 The money of the internet A borderless economy of people, AI agents and robots needs money native to the internet.
- 22 Stablecoins & CBDCs The two “digital dollars” — a private IOU and a state control layer — and why neither is Bitcoin.
- 23 The war on cash Cash was private money. Every digital rail replacing it can watch — and freeze — you.
- 24 The criminal myth Drugs, terror, the dark web — the scare story sold to justify watching everyone. The numbers disagree.
- 25 Transparency for power, privacy for people Expose the institutions spending the public’s money; protect the individual. We’ve had it backwards.
- 26 The final battle Financial privacy vs surveillance is the last line of freedom. Pick your side of history.