How Does Bitcoin Work: Two Minutes in Stick Figures

The first question nearly everyone asks about Bitcoin is: "how does it work?"

The core concepts behind Bitcoin and other cryptocurrencies can be difficult to grasp. Most people's eyes will glaze over once they start hearing an explanation of "the blockchain," bit it doesn't have to be that hard. At Coin Coaching, our goal is to help you understand these kinds of things in plain English.

We put together a short explainer video about how a bitcoin transaction works behind the scenes, illustrated by stick figures. We hope that you can use it as a starting point to understanding Bitcoin at a basic level.

Feel free to ask us any other questions you might have!
FREE e-book by Coin Coaching

3 Mistakes That Bankrupt Beginner
Investors In Bitcoin and Ethereum

New investors to the cryptocurrency market make the same mistakes over and over... and over!

In this guide we share some important insights:

  • The 3 most common mistakes beginners make, with solutions!
  • A smart way to buy coins for the first time
  • Why understanding security is so important
  • Controlling emotions to be a smart investor
  • Text Hover