Beginner Zone

Welcome to our beginner zone. Start here to begin your journey down the Bitcoin rabbit hole.

The Basics

These short, easy to read articles will help you begin to understand the problems Bitcoin solves and the basics of how Bitcoin works.

  • A hand holds a fanned-out stack of Australian banknotes, including denominations of $5, $10, $20, $50, and $100. The notes feature various colors and designs, showcasing different historical figures and motifs unique to Australian currency.

    What is Money?

    Do you really know what money is and what makes good or bad money?

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  • A hand holding a smartphone displaying a cryptocurrency wallet app. The screen shows "Send 1.5 BTC" and a Bitcoin symbol. Below is a partial Bitcoin address starting with "1B83B". At the bottom, there's a white "Confirm" button with a paper plane icon. The background is orange.

    An Introduction to Bitcoin.

    A simple overview of Bitcoin and the basics of how it works.

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  • A bronze statue of a hooded figure with a smooth, featureless face. The figure wears a cloak with a large Bitcoin symbol on the chest, symbolizing anonymity and the digital currency. The statue's surface is polished, reflecting light and emphasizing its metallic finish.

    The Origins of Bitcoin.

    Understand the story of where Bitcoin came from, who and how it was created.

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  • A large golden Bitcoin symbol is centered against a vibrant sunset over a calm sea and mountains. The border features ornate, colorful Renaissance-style paintings of people in flowing robes, depicting various poses and activities in a circular pattern.

    Why We Need Bitcoin.

    Bitcoin is an asset for financial freedom, wealth creation and equality.

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  • The image shows a room filled with rows of cryptocurrency mining equipment. Shelves on both sides hold numerous connected mining rigs, each with multiple cooling fans. Colored cables, including red, green, and black, hang and run along the shelves, linking the devices.

    Bitcoin Mining Basics.

    Mining is a critical feature of Bitcoin and fundamental to the workings of Bitcoin.

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Terminology

Learning some of the most common terms that get used in the world of Bitcoin will help in your journey of understanding and appreciation.

Bitcoin Terminology

Expert Opinions

Watch and listen to leading investors, economists, global leaders and technical innovators as they share their thoughts on Bitcoin.

  • A smiling man with glasses and grey hair is wearing a dark suit, a light blue shirt, and a red tie. The background is cropped out, leaving a plain white space around him.

    Bill Miller

    Legendary Investor, Fund Manager & Philanthropist.

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  • A woman with long brown hair and glasses is wearing a snakeskin-patterned blouse. She has gold earrings and is looking to the side with a neutral expression. A small microphone is visible near her cheek. The background is a solid color.

    Cathie Wood

    Investor, Innovator, Fund Manager, CEO ARK Invest.

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  • Smiling person with short brown hair, wearing a blue and white checkered shirt. Arms are crossed. The background is plain white.

    Alex Gladstein

    Chief Strategy Officer, Human Rights Foundation.

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  • A man with short dark hair and a slight smile is wearing a fitted gray t-shirt with white trim on the sleeves. He sits against a black background, looking directly at the camera. His arms are resting in front of him.

    Saifedean Ammous

    Best Selling Author & Economist.

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  • Smiling person with short, dark hair wearing a plaid shirt in shades of blue and white over a dark t-shirt. The background is solid white, highlighting the individual’s face and attire.

    Andreas Antonopolous

    Computer Scientist & Bitcoin Expert.

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Frequently Asked Questions

The most commonly asked questions by people new to Bitcoin.

FAQs

Essential Books

There is an incredible range of books on Bitcoin and the various problems that it solves. We recommend starting your Bitcoin journey with these four.

Scam Watch

Scammers are everywhere these days, looking to take advantage of unsuspecting victims. The Bitcoin-space is no different. Always be alert, remember the adage "if it seems too good to be true, it probably is". Read our list of the most common scams we see in Bitcoin.

Scams

Bitcoin Meetups

Bitcoin meetups in your local area are one of the best ways to learn about Bitcoin and get involved in the broader Bitcoin community.

Understanding Bitcoin Wallets

Learn the basics of Bitcoin wallets. Discover why wallets store keys, not Bitcoin, and understand the differences between hot wallets (software wallets) and cold wallets (hardware wallets). Get tips on purchasing secure hardware wallets to ensure your Bitcoin is safe and under your control.

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Recommended Software (Hot) Wallets

To begin, and while your Bitcoin stash is small (say under $1000), it's fine to start with a quality software wallet. We recommend one of the three below.

  • White lowercase text reads "muun" centered on a blue background.

    Muun Wallet

    A simple bitcoin and lightning wallet.

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  • The image features the word "AQUA" in bold white capital letters against a teal background. The letter "Q" is stylized to resemble a water droplet. The background has a faint, abstract pattern resembling circuit board traces.

    Aqua Wallet

    The bitcoin wallet your grandma could use.

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  • Logo featuring a stylized square with three stacked layers in shades of blue, transitioning from dark to light. The word "blue" is written in white on the lightest layer. To the right, the word "wallet" is displayed in lowercase, dark blue letters.

    Blue Wallet

    A radically simple but powerful Bitcoin wallet.

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Recommended Hardware (Cold) Wallets

As your Bitcoin savings grow (say, over $1000), it's critical to secure it in a high quality Bitcoin-only hardware wallet. We recommend one of the following wallets. Check out our comparison guide to help you choose the right wallet for your requirements.

  • Three colorful portable music players are lined up diagonally. The left one is translucent teal, the middle is translucent blue, and the right one is translucent orange. Each has a small black screen and visible internal components.

    Blockstream Jade

    Simple, affordable Bitcoin-only hardware wallet.

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  • A digital wallet device with a USB connector features a prominent white Bitcoin symbol on its black surface. The compact device has smooth edges and a minimalist design, indicating its use for securely storing cryptocurrency.

    BitBox02

    Elegant, Swiss-made Bitcoin-only hardware wallet.

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  • A transparent green Coldcard Mk4 device with a small screen on top and a numeric keypad below. The keypad features numbers 0-9 and function keys. The word "COLDCARD" is printed above the screen.

    Coldcard Mk4

    Security-to-the-max Bitcoin-only hardware wallet.

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Step by Step Guides

Simple guides to help you through the essentials of buying, sending, receiving and storing your Bitcoin safely and securely.

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    How to Purchase Bitcoin

    An simple guide for buying Bitcoin in Australia.

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  • The image displays a large number "2" in bold blue centered on a white circular background. Surrounding the circle are multiple concentric rings in varying shades of orange, yellow, and teal, creating a vibrant, colorful border.

    How to send & receive Bitcoin

    A simple guide to sending and receiving Bitcoin.

    Coming Soon 
  • A bold, dark blue number three is centered within multiple concentric circles. The circles are vibrant, fading smoothly from yellow to orange, then green and teal, on a white background. The design is visually striking with a modern and colorful appearance.

    How to Store Your Bitcoin

    Learn the options for storing your bitcoin safely.

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  • The image features a blue number 4 centered within a series of concentric, multicolored circles on a white background. The circles transition through shades of yellow, orange, red, and teal, creating a vibrant, layered effect.

    Common Mistakes to Avoid

    Tips from experts - learn what things not to do.

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