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Understand crypto
Build a careful mental model before comparing products, prices, or promises.
All chaptersOutcome
Explain what a crypto asset represents, why different assets exist, and which claims require qualification.
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What crypto is—and what it is not
A digital asset is defined by a system of records and rules, not by a coin-shaped logo or a promise of decentralization.
8 min · Reviewed Sep 2, 2026Why Bitcoin mattered
Bitcoin combined existing ideas into a system for transferring a scarce digital asset without a central transaction operator.
5 min · Reviewed Sep 2, 2026Asset types, supply, and value
Coins, tokens, stablecoins, governance assets, and collectibles have different rights, risks, and supply mechanisms.
6 min · Reviewed Sep 2, 2026Chapter check
Explain the decision, not just the term.
Four questions. Answers and explanations are shown after each choice.
