Short, direct answers to the questions every new Bitcoin user asks

Bitcoin Basics

Bitcoin Basics is my Bitcoin for beginners curriculum, a foundational guide to Bitcoin as digital money covering addresses, wallets, private keys, nodes, and miners. It is written for someone new, and each entry is a short, direct answer to one question. What is Bitcoin and how does it work? What is a wallet, a private key, a seed phrase, a UTXO? How do transactions work, step by step? What is mining, what is a node, what is the halving, and why are fees stable on BSV but variable on BTC?

The entries go on through forks, self-custody, the difference between Bitcoin and Ethereum, Bitcoin Script and smart contracts, proof of work, privacy versus anonymity, and what a sat is, and a glossary closes it out for the terms that keep coming up. Most entries read in a few minutes. The glossary does not, but nobody reads a glossary front to back.

The parts, in order

  1. Part 1: What Is Bitcoin and How Does It Work? A Beginner's Guide
  2. Part 2: What Is a Bitcoin Wallet and Why Do You Need One?
  3. Part 3: What Is a Private Key in Bitcoin? Simple Explanation for New Users
  4. Part 4: What Is a UTXO in Bitcoin? Unspent Transaction Outputs Explained
  5. Part 5: What Is a Bitcoin Address and How Do You Create One?
  6. Part 6: What Is the Bitcoin Blockchain? Explained in Plain English
  7. Part 7: How Do Bitcoin Transactions Work? Step by Step
  8. Part 8: What Is Bitcoin Mining and Why Does It Matter?
  9. Part 9: What Is a Bitcoin Node and What Does It Do?
  10. Part 10: What Is a Seed Phrase in Bitcoin and How Do You Back It Up Safely?
  11. Part 11: What Are Bitcoin Fees, and Why Are They Stable on BSV but Variable on BTC?
  12. Part 12: What Is On-Chain vs Off-Chain in Bitcoin? Key Differences Explained
  13. Part 13: What Is a Bitcoin Fork? Hard Forks vs Soft Forks for Beginners
  14. Part 14: What Is the Bitcoin Halving and Why Is It Important?
  15. Part 15: What Are Some Ways to Get Bitcoin? Buying, Earning, and Mining Explained
  16. Part 16: What Is Self-Custody in Bitcoin and Why It Beats Leaving Coins on Exchanges
  17. Part 17: What Is the Difference Between Bitcoin and Ethereum?
  18. Part 18: What Is Bitcoin Script and How Does It Enable Smart Contracts?
  19. Part 19: What Is Proof of Work in Bitcoin and How Does It Secure the Network?
  20. Part 20: Is Bitcoin Anonymous? The Truth About Privacy vs Anonymity
  21. Part 21: What Is a Satoshi (or a "sat") in Bitcoin?
  22. Part 22: Bitcoin Glossary: Essential Terms for Understanding Crypto

Start here