Bitcoin Learning Series — Term & Reference Mapping

Generated by scanning all 10 parts of the Bitcoin for Beginners series.
Format: [[term]] wikilinks target glossary.md definitions.
Mapping is structured for easy conversion into wikilinks throughout the series.


1. TECHNICAL TERMS → DEFINITIONS & PART COVERAGE

21 Million (Supply Cap)

  • Definition: The absolute maximum number of Bitcoin that will ever exist — a hard cap enforced by consensus, not promises. Last Bitcoin mined ~2140.
  • Parts: Part 1, Part 4 (central topic), Part 5, Part 9, Part 10

ASIC (Application-Specific Integrated Circuit)

  • Definition: Specialized computers designed exclusively for Bitcoin mining, billions of times more efficient than regular CPUs. Modern mining is impossible without them.
  • Parts: Part 3 (central topic), Part 6

Block

  • Definition: A batch of verified Bitcoin transactions added to the blockchain approximately every 10 minutes.
  • Parts: Part 2, Part 3, Part 4, Part 8, Part 10

Block Reward

  • Definition: Newly created Bitcoin awarded to miners for successfully adding a block — started at 50 BTC, currently 3.125 BTC after four halvings.
  • Parts: Part 3 (central topic), Part 4, Part 5

Blockchain

  • Definition: A public, chronological, distributed ledger of all Bitcoin transactions — a shared record that everyone can see but no one can rewrite.
  • Parts: Part 1, Part 2 (central topic), Part 3, Part 4, Part 5, Part 7, Part 8, Part 10

Cantillon Effect

  • Definition: The economic phenomenon where new money enters the economy at specific points (banks/govt) so early recipients benefit before prices rise, silently stealing purchasing power from everyone else.
  • Parts: Part 4, Part 10

Cashu / Chaumian Ecash

  • Definition: A privacy layer on top of Bitcoin using blind-signature cryptography to create fully anonymous, untraceable digital cash tokens backed 1:1 by Bitcoin.
  • Parts: Part 6, Part 10 (central topic)

Cold Storage

  • Definition: Keeping Bitcoin private keys completely offline (hardware wallets, paper wallets) to protect against hacks — the safest method for large amounts.
  • Parts: Part 6, Part 7 (central topic), Part 9

Confirmation

  • Definition: The number of blocks built on top of a block containing your transaction. More confirmations = greater irreversibility. 6 confirmations (~1 hour) is considered final.
  • Parts: Part 2, Part 3, Part 8

Consensus

  • Definition: The process by which all Bitcoin network participants agree on the blockchain’s state without a central authority — achieved through Proof of Work.
  • Parts: Part 1, Part 2, Part 4

Custodial / Non-Custodial

  • Definition: Custodial means someone else holds your private keys (exchange). Non-custodial means you control your own keys. “Not your keys, not your coins.”
  • Parts: Part 6, Part 7 (central topic), Part 9

Cypherpunk

  • Definition: A movement of cryptographers, programmers, and activists who believe privacy and individual sovereignty should be built into technology, not left to governments. Bitcoin is their crowning achievement.
  • Parts: Part 1 (introduced), Part 5, Part 6, Part 7, Part 9, Part 10

DCA (Dollar-Cost Averaging)

  • Definition: Buying a fixed dollar amount of Bitcoin at regular intervals regardless of price — removes emotion, smooths volatility, the safest beginner accumulation strategy.
  • Parts: Part 6 (introduced), Part 9 (central topic)

Decentralization

  • Definition: A system where no single entity has control — power is distributed across thousands of independent nodes worldwide.
  • Parts: Part 1 (central topic), Part 3, Part 8, Part 10

Difficulty Adjustment

  • Definition: Bitcoin’s automatic mechanism every 2,016 blocks (~2 weeks) that adjusts mining puzzle difficulty to maintain a steady ~10-minute block time regardless of total network hash rate.
  • Parts: Part 3 (central topic)

Digital Signature

  • Definition: A mathematical stamp created with your private key proving you authorized a transaction — anyone can verify it without learning your private key.
  • Parts: Part 2 (central topic)

Double-Spending Problem

  • Definition: The fundamental challenge Bitcoin solved — preventing someone from spending the same digital money twice without a trusted third party.
  • Parts: Part 1, Part 2, Part 5

ETF (Exchange-Traded Fund)

  • Definition: A paper IOU product that tracks Bitcoin’s price but doesn’t give you actual coins — you can’t withdraw, spend, or self-custody. Defeats Bitcoin’s purpose.
  • Parts: Part 6, Part 9

Fedimint

  • Definition: A federated Chaumian ecash protocol where a group of guardians collectively custody funds — no single point of seizure, designed for community-scale adoption.
  • Parts: Part 10

Fiat Currency

  • Definition: Government-issued money (USD, EUR, JPY) not backed by a commodity — its value comes from government decree. Bitcoin is an alternative to fiat.
  • Parts: Part 4 (contrasted), Part 6, Part 9

Genesis Block

  • Definition: Block 0 of the Bitcoin blockchain, mined by Satoshi on January 3, 2009, containing the Times headline about bank bailouts — Bitcoin’s mission statement.
  • Parts: Part 1, Part 4, Part 5 (central topic), Part 10

Halving (The Halvening)

  • Definition: An event every ~4 years (210,000 blocks) where the Bitcoin block reward is cut 50% — reducing new supply, driving Bitcoin’s disinflationary economics.
  • Parts: Part 3, Part 4 (central topic), Part 5, Part 9, Part 10

Hard Money / Soft Money

  • Definition: Hard money (gold, Bitcoin) preserves purchasing power over centuries. Soft money (fiat currencies, inflated coinage) destroys savings through monetary expansion.
  • Parts: Part 4

Hardware Wallet

  • Definition: A physical device that stores private keys completely offline — the gold standard for secure Bitcoin storage. Examples: Foundation Passport, SeedSigner, Coldcard.
  • Parts: Part 6, Part 7 (central topic), Part 9

Hash

  • Definition: A fixed-length cryptographic fingerprint created by a one-way function (SHA-256). Links blocks together; any change to block data produces a completely different hash.
  • Parts: Part 2 (central topic), Part 3

Hash Rate

  • Definition: The total computing power securing the Bitcoin network, measured in hashes per second. Higher hash rate = more security. The largest computing network in human history.
  • Parts: Part 3

Hashcash

  • Definition: Adam Back’s 1997 proof-of-work system to fight email spam — the specific algorithm Satoshi adapted for Bitcoin mining.
  • Parts: Part 1, Part 3, Part 5

HODL

  • Definition: A meme term (originally a typo for “hold”) meaning holding Bitcoin long-term through all price swings — “Hold On for Dear Life.”
  • Parts: Part 6, Part 7, Part 9

Hot Wallet

  • Definition: A wallet connected to the internet (phone app, desktop) — convenient for small everyday spending but more vulnerable than cold storage.
  • Parts: Part 6, Part 7

HTLC (Hash Time-Locked Contract)

  • Definition: A cryptographic contract on Lightning Network ensuring that either a multi-hop payment succeeds entirely or nothing happens — eliminates routing trust risk.
  • Parts: Part 8

Immutability

  • Definition: The property that once data is written to the blockchain, it cannot be changed, deleted, or reversed — achieved through hash chaining, Proof of Work, and distributed copies.
  • Parts: Part 2, Part 3

Inbound Liquidity

  • Definition: The balance available on the other side of a Lightning channel needed to receive payments — managed automatically by wallets like Phoenix and Muun.
  • Parts: Part 8

Inflation / Inflation-Resistant

  • Definition: The erosion of purchasing power when money supply expands. Bitcoin’s fixed 21M cap makes it inflation-resistant — no government can print more. Current inflation rate <1%, trending to 0%.
  • Parts: Part 4 (central topic), Part 9

KYC (Know Your Customer)

  • Definition: Identity verification (passport, selfie) required by regulated exchanges — anchors every transaction to your real identity. P2P Bitcoin doesn’t require KYC.
  • Parts: Part 1, Part 6 (central topic), Part 10

Layer 2

  • Definition: Protocols built on top of Bitcoin’s base layer (Lightning, Cashu, Fedimint) that handle transactions off-chain then settle final balances on-chain for speed and privacy.
  • Parts: Part 8, Part 10 (central topic)

Lightning Network

  • Definition: A Layer 2 protocol on Bitcoin enabling instant, near-zero-fee transactions through payment channels — Bitcoin’s checking account alongside its savings account (on-chain).
  • Parts: Part 1, Part 5, Part 6, Part 7, Part 8 (central topic), Part 9, Part 10

Liquidity

  • Definition: How easily Bitcoin can be bought/sold without moving its price. Bitcoin has deep liquidity but thinner order books than major currencies.
  • Parts: Part 8, Part 9

Lost Bitcoin

  • Definition: Permanently unspendable Bitcoin due to lost private keys, destroyed hardware, or forgotten seed phrases. Estimated 3-4M BTC lost — effectively increasing remaining coins’ scarcity.
  • Parts: Part 4

Mempool

  • Definition: A waiting area in each node for unconfirmed transactions — miners pick transactions from the mempool to include in the next block.
  • Parts: Part 2

Micropayments

  • Definition: Tiny payments (as small as 1 satoshi ~$0.0007) made possible by Lightning Network’s near-zero fees — enabling pay-per-second streaming, pay-per-article, and tipping.
  • Parts: Part 8

Mining

  • Definition: The process where specialized computers (ASICs) compete to solve math puzzles, validate transactions, and add blocks — securing the network in exchange for block rewards and fees.
  • Parts: Part 1, Part 2, Part 3 (central topic), Part 4, Part 5, Part 10

Mining Pool

  • Definition: Groups of miners who combine their computing power, share work, and split rewards proportionally — necessary for regular income instead of winning a block once in decades.
  • Parts: Part 3

Multi-Signature (Multi-Sig)

  • Definition: A wallet requiring multiple private keys to authorize a transaction (e.g., 2-of-3) — adds security for shared funds, prevents single-point failure.
  • Parts: Part 7

Node

  • Definition: A computer running Bitcoin software that independently validates transactions and blocks — ~50,000 nodes globally enforce Bitcoin’s rules without central authority.
  • Parts: Part 2, Part 4, Part 10

On-Chain

  • Definition: Transactions recorded directly on the Bitcoin blockchain (base layer) — secure but slower and more expensive than Layer 2 solutions. Best for settlement.
  • Parts: Part 8, Part 9

P2P (Peer-to-Peer)

  • Definition: Direct interaction between participants without intermediaries — Bitcoin transactions go from person to person without banks or payment processors.
  • Parts: Part 1, Part 5, Part 6 (central topic), Part 9, Part 10

Payment Channel

  • Definition: A Lightning Network construct where two parties lock Bitcoin in a multi-sig address and transact off-chain instantly — only opening and closing hit the blockchain.
  • Parts: Part 8

Permissionless

  • Definition: Anyone with an internet connection can use Bitcoin — send, receive, mine, or run a node. No bank account, credit check, or government ID required.
  • Parts: Part 1, Part 6, Part 9

Private Key

  • Definition: A secret code that proves ownership of Bitcoin and authorizes transactions — the most important secret you’ll ever have. Lose it, lose your Bitcoin forever.
  • Parts: Part 1, Part 2 (central topic), Part 6, Part 7 (central topic)

Proof of Work (PoW)

  • Definition: Bitcoin’s consensus mechanism where miners must expend real computational energy to solve puzzles — makes rewriting history astronomically expensive and secures the network.
  • Parts: Part 2, Part 3 (central topic), Part 4, Part 5

Public Key / Address

  • Definition: A shareable string derived from your private key that others use to send you Bitcoin — like an email address for money.
  • Parts: Part 1, Part 2, Part 7

Quantum Computing (Risk)

  • Definition: The existential (but distant) threat that a sufficiently powerful quantum computer could break Bitcoin’s elliptic curve cryptography — the community is already working on quantum-resistant signatures.
  • Parts: Part 9, Part 10

Satoshi (unit)

  • Definition: The smallest unit of Bitcoin: 0.00000001 BTC (one hundred-millionth). Named after Satoshi Nakamoto. 1 BTC = 100,000,000 satoshis.
  • Parts: Part 1, Part 4, Part 8

Seed Phrase (Mnemonic)

  • Definition: 12-24 common English words serving as the master backup for all your private keys. Write it on paper/metal, never store digitally. Losing it = losing your Bitcoin.
  • Parts: Part 2, Part 6, Part 7 (central topic), Part 9

Self-Custody

  • Definition: Holding your own private keys rather than trusting a third party — the core Bitcoin principle meaning you are your own bank with full sovereignty over your money.
  • Parts: Part 1, Part 6, Part 7 (central topic), Part 9, Part 10

SHA-256

  • Definition: Bitcoin’s cryptographic hash function — a one-way mathematical algorithm that turns any data into a unique fixed-length fingerprint. Used for mining and block chaining.
  • Parts: Part 2, Part 3

Sound Money

  • Definition: Money that resists debasement, maintains purchasing power, and emerges from market competition — Bitcoin with its fixed 21M supply is the hardest sound money ever created.
  • Parts: Part 1, Part 4, Part 6, Part 7, Part 9

Sovereign Storage

  • Definition: The practice of holding private keys securely offline using hardware wallets or metal backups — eliminating third-party bankruptcy, seizure, or censorship risks.
  • Parts: Part 7, Part 9

Streaming Money (SPS)

  • Definition: A Bitcoin payment that flows continuously (satoshis per second) instead of in lump sums — enabled by Lightning Network. Pay-per-second for streaming content, VPNs, or compute time.
  • Parts: Part 8

Transaction Fee

  • Definition: A small payment to miners for including your transaction in a block — higher fees = faster confirmation. Lightning fees are fractions of a cent. After 2140, fees will be miners’ only reward.
  • Parts: Part 3, Part 4, Part 8

Trustless

  • Definition: A system where you don’t need to trust any third party — you verify everything independently through code and mathematics. Bitcoin’s core innovation.
  • Parts: Part 2, Part 4, Part 5

UTXO (Unspent Transaction Output)

  • Definition: The technical building block of Bitcoin balances — like change from a bill. Your wallet’s balance is the sum of all UTXOs controlled by your keys.
  • Parts: Referenced conceptually throughout (Part 2 transactions)

Volatility

  • Definition: Bitcoin’s tendency for large price swings (50-80% drawdowns are normal). Driven by early-stage price discovery, halving cycles, and 24/7 global trading. Smooths out over 4+ year horizons.
  • Parts: Part 9 (central topic)

Wallet

  • Definition: Software or hardware that manages your Bitcoin private keys and lets you send/receive. Doesn’t “store” Bitcoin (that’s on the blockchain) — stores the keys that control it.
  • Parts: Part 1, Part 2, Part 6 (central topic), Part 7 (central topic), Part 8

White Paper (Bitcoin)

  • Definition: The original 9-page document published by Satoshi Nakamoto on Oct 31, 2008 — “Bitcoin: A Peer-to-Peer Electronic Cash System” — that described Bitcoin’s design.
  • Parts: Part 1, Part 5 (central topic), Part 6, Part 10

2. NOTABLE PEOPLE MENTIONED

PersonRole / ContextParts
Adam BackInventor of Hashcash (1997), the proof-of-work system Bitcoin uses. Corresponded with Satoshi.1, 5
Alan GreenspanFormer Fed chair — his low-interest-rate policy blamed for the 2008 housing bubble.5
Carl MengerAustrian economist (1871) — originator of the theory that money emerges spontaneously from market exchange, not government decree.4, 9
Craig WrightAustralian computer scientist who falsely claimed to be Satoshi Nakamoto; widely dismissed by the community.5
David ChaumCypherpunk pioneer — invented DigiCash (1983) and blind-signature cryptography (Chaumian Ecash), foundational to Bitcoin privacy layers.1, 10
Eric HughesAuthor of “A Cypherpunk’s Manifesto” (1993) — articulated the movement’s core conviction about privacy and cryptography.1, 6, 10
Friedrich HayekAustrian economist — author of “Denationalisation of Money” (1976) arguing for private competing currencies. Bitcoin is his vision realized.1, 4, 5, 6, 7, 9, 10
Gavin AndresenLead Bitcoin developer after Satoshi’s departure; the one Satoshi said the project was “in good hands with.”5
Hal FinneyLegendary cryptographer, second person to run Bitcoin, received the first Bitcoin transaction (10 BTC from Satoshi), created RPOW (2004).1, 5
James HowellsWelsh IT worker who accidentally threw away a hard drive containing 8,000 BTC in 2013 (worth $500M+ today).4
Laszlo HanyeczProgrammer who made the first real-world Bitcoin purchase — 10,000 BTC for two pizzas on May 22, 2010 (Bitcoin Pizza Day).5
Ludwig von MisesAustrian economist — developed the Regression Theorem (money must originate from a commodity with pre-existing value) and Austrian Business Cycle Theory.1, 4, 5, 6, 10
Michael SaylorExecutive chairman of MicroStrategy — led the company to accumulate 200K+ BTC as treasury reserve.5, 10
Nayib BukelePresident of El Salvador — led the first nation-state adoption of Bitcoin as legal tender (2021).5, 10
Nick SzaboCypherpunk who proposed Bit Gold (1998), a precursor to Bitcoin. Sometimes speculated (without evidence) to be Satoshi.1, 5
Richard Cantillon18th-century economist who first identified the Cantillon Effect — new money benefits early recipients disproportionately.4
Ross Ulbricht”Dread Pirate Roberts” — creator of Silk Road, sentenced to life in prison.5
Saifedean AmmousAuthor of “The Bitcoin Standard” — argues Bitcoin represents the culmination of Austrian economics’ search for sound money.5
Sam Bankman-FriedFounder of FTX — convicted of fraud in 2023, sentenced to 25 years after FTX’s $32B collapse.5
Satoshi NakamotoPseudonymous creator of Bitcoin — published white paper (2008), launched network (2009), disappeared (2011). Identity unknown. ~1M BTC unmoved.1, 2, 3, 4, 5, 6, 8, 10
Tim MayAuthor of the “Crypto Anarchist Manifesto” (1988) — argued cryptography would alter the nature of government and corporations.1, 10
Wei DaiCypherpunk who proposed b-money (1998) — first fully decentralized digital currency concept. Cited by Satoshi in the white paper.1, 5

3. NOTABLE EXTERNAL TOOLS / COMPANIES MENTIONED

NameType / RoleParts
AlbyBrowser extension Lightning wallet7, 8
BakktInstitutional Bitcoin custody/trading platform (closed 2023)5
BillfodlMetal seed phrase storage product7
BisqFully decentralized P2P exchange — runs over Tor, no central server, no KYC5, 6, 9, 10
BitmainManufacturer of ASIC miners (Antminer S21, etc.) — dominant hardware supplier3
BitnobAfrican Bitcoin platform using USSD codes on feature phones10
BitPayPayment processor allowing merchants to accept Bitcoin/Lightning8
BitrefillGift card marketplace — buy 1,700+ brand gift cards with Lightning8
Bitcoin MagazineLong-running Bitcoin news/publication outlet5, 10
Bitcoin.orgOfficial Bitcoin resource website1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Bitcoin WikiCommunity-maintained Bitcoin reference2, 3, 4, 5, 6, 7, 8, 9, 10
BlackRockAsset manager — launched Bitcoin ETF, cited as counterparty risk in ETF context9
Block (Square)Payments company (Jack Dorsey) holding Bitcoin on balance sheet10
blockchain.infoBlock explorer website2
BlueWalletMobile Bitcoin wallet (hot wallet, supports Lightning via LNDHub)6, 7, 8
BreezNon-custodial Lightning wallet with podcast/tipping integration8, 10
BTCPay ServerOpen-source, self-hosted Bitcoin payment processor — no middleman8
CashuOpen-source Chaumian ecash mint running on Lightning — fully private bearer tokens6, 10
CBOEChicago Board Options Exchange — launched Bitcoin futures (2017)5
CelsiusCrypto lending platform — froze withdrawals, filed for bankruptcy (2022)5, 6
Chivo WalletEl Salvador’s state-backed Bitcoin/Lightning wallet app5, 8, 10
CMEChicago Mercantile Exchange — launched Bitcoin futures (2017)5
CoinGeckoCryptocurrency data aggregator and price tracking1, 5, 8, 9, 10
ColdcardOpen-source hardware wallet (by Coinkite)6, 7
CryptosteelMetal seed phrase backup product7
ElectrumDesktop Bitcoin wallet (hot, advanced features)6, 7
FedimintFederated Chaumian ecash protocol — community-scale privacy10
FidelityInstitutional asset manager — launched Bitcoin custody/trading5, 9
FoldBitcoin rewards app — earn sats on everyday purchases (Starbucks, Uber, Amazon)8
Foundation PassportOpen-source hardware wallet with air-gapped signing6, 7
FTXCrypto exchange that collapsed in fraud scandal (2022) — $32B valuation to zero5, 6
Hodl HodlWeb-based P2P Bitcoin exchange using multi-signature escrow, no KYC5, 6, 8
InvestopediaFinancial education website — referenced for Bitcoin definitions5, 10
Learn Me A BitcoinTechnical Bitcoin education resource2
LND (Lightning Network Daemon)The most widely used Lightning Node implementation (by Lightning Labs)8
MachankuraAfrican Bitcoin service using USSD codes on basic feature phones10
Mastering Bitcoin (O’Reilly)Andreas Antonopoulos’ definitive technical Bitcoin book2, 7
MetaPlanetPublic company adopting Bitcoin treasury strategy10
MicroStrategyPublic company (Michael Saylor) that accumulated 200K+ BTC as primary treasury asset5, 10
Mt. GoxFirst major Bitcoin exchange — collapsed 2014 after losing 850K BTC in a hack5, 6
MullvadVPN service accepting Bitcoin payments8
MuunMobile wallet handling both on-chain and Lightning automatically6, 7, 8, 10
Nakamoto InstituteBitcoin education and research archive5, 6, 9, 10
NamecheapDomain registrar accepting Bitcoin8
NerdWalletPersonal finance website — referenced for Bitcoin basics1
OpenNodeLightning payment processing for merchants (Stripe-like)8
PhoenixNon-custodial Lightning wallet with automatic channel management (by ACINQ)6, 7, 8, 10
ProtonVPNVPN service accepting Bitcoin payments8
RoboSatsState-of-the-art P2P Bitcoin exchange built on Lightning — completely private, no personal info5, 6, 9, 10
SeedSignerDIY open-source hardware wallet for seed signing6, 7
Semler ScientificPublic company adopting Bitcoin treasury strategy10
SparrowDesktop Bitcoin wallet (hot, advanced features)6, 7
SpecterDesktop Bitcoin wallet7
Start9Home server platform for running Bitcoin/Lightning nodes8
StrikeLightning-based payments app for remittances and payroll8
Terra/LunaAlgorithmic stablecoin that collapsed in May 2022, wiping out $40B5
TeslaElectric car company — bought $1.5B in Bitcoin (2021), later sold most5, 10
Three Arrows CapitalMajor crypto hedge fund that went bankrupt (2022)5
UmbrelHome server OS for running Bitcoin/Lightning nodes8
Wallet of SatoshiCustodial Lightning wallet — simplest setup but they control keys8
WikipediaGeneral reference cited for Bitcoin history and Lightning Network5, 8
ZeusAdvanced Lightning wallet connecting to your own LND node7, 8

4. CROSS-REFERENCES BETWEEN PARTS

Each entry shows where one part explicitly references content from another part.

SourceReference TargetQuote / Context
Part 1Part 2”we’ll dive deep into how this works in Part 2”
Part 1Part 2”(Full deep dive in Part 2, but here’s the 30-second version.)”
Part 1Part 4”We’ll dig into why this matters in Part 4”
Part 2Part 1”In Part 1, we covered what Bitcoin is”
Part 2Part 3”We’ll cover mining in depth in Part 3”
Part 3Part 1”Part 1 told you what Bitcoin is”
Part 3Part 2”Part 2 explained how the blockchain works at a high level”
Part 3Part 4”the halving we’ll dive into in Part 4”
Part 3Part 4”In Part 4, we’ll dive into the economics: why only 21 million Bitcoin will ever exist”
Part 4Part 3(implicit — “the halving mechanism” builds on Part 3’s mining explanation)
Part 4Part 5”In the next post, we’ll explore how you can actually acquire and use bitcoin” (partially Part 6)
Part 5Part 4(implicit — references halving without explicit cross-ref)
Part 6Part 5”If you’ve been following along” — implicit series continuity
Part 6Part 7”We cover wallets in detail in Part 7
Part 6Part 7”Check Part 7 for the full guide on this”
Part 6Part 7”briefly; Part 7 goes deep here”
Part 7Part 2”the blockchain — that public ledger we covered in Part 2”
Part 7Part 6← wiki-link to Part 6 in nav
Part 8Part 1, 5”going back to Satoshi’s white paper”
Part 8Part 6”By now you know how to buy Bitcoin (Part 6)“
Part 8Part 7”and how to store it safely (Part 7)“
Part 9Part 1, 2, 4, 6, 7”So you’ve figured out what Bitcoin is (Part 1), how it works (Part 2), why it’s scarce (Part 4), and even how to buy and store it (Parts 6 & 7)“
Part 10All parts”Over the last nine parts, we’ve covered”
Part 10Part 8”We covered this in detail in Part 8”

5. TERMS IN GLOSSARY BUT NOT WELL COVERED IN THE 10 PARTS

These terms already have glossary entries but appear rarely (or not at all) in the main series text:

  • Altcoin — barely mentioned; only defined in glossary
  • Fork — defined in glossary; briefly implied in Part 5 (Bitcoin Cash context)
  • FUD (Fear, Uncertainty, Doubt) — defined in glossary; not directly discussed in series
  • FOMO (Fear Of Missing Out) — defined in glossary; mentioned briefly in Part 9
  • Escrow — defined in glossary; mentioned in passing in Part 6 (RoboSats context)

Preferred pattern: [[glossary#term|display text]]

Example: [[glossary#halving|the halving]] or [[glossary#lightning-network|Lightning Network]]

Example: The [[glossary#blockchain|blockchain]] is a public ledger...

For subsequent mentions, use plain [[term]]:

Once the reader has seen the full wikilink, [[halving]] suffices.

Terms with multi-word headings that match glossary anchors:

  • 21 million[[glossary#21-million|21 million]]
  • block reward[[glossary#block-reward|block reward]]
  • cold storage[[glossary#cold-storage|cold storage]]
  • difficulty adjustment[[glossary#difficulty-adjustment|difficulty adjustment]]
  • genesis block[[glossary#genesis-block|Genesis Block]]
  • hash rate[[glossary#hash-rate|hash rate]]
  • lightning network[[glossary#lightning-network|Lightning Network]]
  • proof of work[[glossary#proof-of-work|Proof of Work]]
  • seed phrase[[glossary#seed-phrase|seed phrase]]
  • self-custody[[glossary#self-custody|self-custody]]
  • white paper[[glossary#white-paper|white paper]]
  • satoshi nakamoto[[glossary#satoshi-nakamoto|Satoshi Nakamoto]]
  • satoshi (unit)[[glossary#satoshi-sat|satoshi]]
  • paper wallet[[glossary#paper-wallet|paper wallet]]
  • private key[[glossary#private-key|private key]] (or more broadly [[glossary#keys-public--private|keys]])
  • transaction fee[[glossary#transaction-fee|transaction fee]]

Missing glossary entries (series terms without a glossary anchor):

Consider adding these to glossary.md:

  • Austrian Economics — referenced heavily in Parts 1, 4, 5, 6, 9, 10
  • Cantillon Effect — Part 4, Part 10
  • Cypherpunk — Part 1, 5, 6, 7, 9, 10 (only mentioned in glossary contextually)
  • Hash — technically covered under Proof of Work and Mining but has no standalone entry
  • Bisq — mentioned in Parts 5, 6, 9, 10 but not in glossary
  • RoboSats — mentioned in Parts 5, 6, 9, 10 but not in glossary
  • Digital Signature — Part 2 core concept, not in glossary
  • Immutable / Immutability — Part 2, 3 core concept
  • Inbound Liquidity — Part 8
  • Micropayments / Streaming Money — Part 8
  • Miners (as distinct from Mining) — could add sub-entry
  • Payment Channel — Part 8
  • SHA-256 — Part 2, 3

Generated by scanning all 10 parts of the Bitcoin for Beginners learning series (Parts 1-10) and the existing glossary.md.


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