Money WondersPlay

Crypto & Digital MoneyCryptocurrency

Money Without a Bank

Bitcoin moves value with no one in the middle

Every payment you make passes through a bank that can stop it. In 2009, money started moving with no bank at all. How?

You'll find out

  • Who stands in the middle of a payment
  • The headline hidden in the first block
  • Who keeps the record instead

Why it matters

Knowing what bitcoin removes, and what goes with it, makes every crypto headline easier to read.

About 3 min6 interactive slides · 5 questionsLesson 118 · Zone 14

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More in this zone

  1. 119BlockchainThe Shared NotebookA blockchain is a record everyone keeps a copy of
  2. 120Crypto HistoryNobody Knows Who Made BitcoinIts creator vanished and left a fortune untouched
  3. 121Bitcoin SupplyWhy Only 21 MillionA money supply fixed in code
  4. 122Crypto SecurityKeys and WalletsWhoever holds the key holds the coins
  5. 123HindsightThe 10,000-Bitcoin PizzaIn 2010 a programmer bought two pizzas with coins later worth hundreds of millions
  6. 124Crypto PrivacyCrypto Is AnonymousEvery bitcoin payment is public forever
  7. 125HerdingFear of Missing OutWatching others get rich makes us forget the risks
  8. 126Crypto HistoryThe Coin That Started as a JokeDogecoin was created to make fun of crypto