1. Money, Crypto, Bitcoin (as currency, promises vs reality) 2. Blockchain Technology (consensus, smart contracts, permissionless vs permissioned) 3. Web 3.0 & Metaverse (digital ownership, NFTs, tokenization) 4. Stablecoins & CBDC 5. DeFi (lending, staking, AMMs, tokenization, risks) 6. Enterprise Applications (SCF, healthcare, logistics, Hyperledger, Corda) 7. Regulation & Policy (India + global, RBI sandbox, taxation, compliance) 8. Security & Risks (hacks, vulnerabilities, scalability trade-offs, custody issues) 1. Money, Crypto, Bitcoin Bitcoin transaction structure (inputs / outputs) learnmeabitcoin.com Parts of a Bitcoin transaction (UTXO model) developer.bitcoin.or...
Blockchain & DeFi 1. Money, Crypto, Bitcoin (Currency Promises vs Reality) Case Context (e.g., 2022 crash, volatility): Bitcoin’s crash in 2022 raised questions about its utility as “currency.” While named “cryptocurrency,” its usage as money remains limited. Conceptual Foundations: Money has 3 functions: ● Medium of exchange ● Unit of account ● Store of value Bitcoin struggles as MoE/Unit due to volatility & scaling, but some argue it’s a SoV (“digital gold”). Bitcoin Mechanics (functional): ● P2P network, blockchain ledger. ● PoW consensus, miners validate transactions. ● Throughput ≈ 7 TPS vs Visa 65,000 TPS. ● High fees + slow settlement reduce payment utility. Promises vs Reality: ● ...