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Crypto for Dummies by: MyCityChannels.com – Course Outline

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Module 1: Introduction to Cryptocurrency

  • Lesson Plan:
    • Learning Objective: Define cryptocurrency and explain its purpose.
    • Real World Example: Bitcoin, Ethereum
    • Activity: Watch a video on the history of cryptocurrency and answer discussion questions.
    • Video Script: “Welcome to Crypto for Dummies by MyCityChannels.com. In this first lesson, we will explore what cryptocurrency is and why it was created. Cryptocurrency is a digital form of currency that uses encryption techniques to regulate the generation of units and verify the transfer of funds. The first cryptocurrency, Bitcoin, was created in 2009 with the purpose of providing a decentralized and secure form of payment. In this course, we will dive into the world of cryptocurrency and see how it can be used in real life scenarios. Let’s get started!”

Module 2: Understanding Blockchain Technology

  • Lesson Plan:
    • Learning Objective: Explain the concept of blockchain and its role in cryptocurrency.
    • Real World Example: Blockchain in supply chain management.
    • Activity: Create a mind map of the key components of blockchain technology.
    • Video Script: “In this lesson, we will be discussing the underlying technology behind cryptocurrency: blockchain. Blockchain is a digital ledger that records transactions in a secure and transparent manner. By using cryptography, it ensures that once a block is added to the chain, it cannot be altered. In this lesson, we will explore how blockchain technology is revolutionizing industries from finance to supply chain management. Let’s learn how blockchain works and how it is changing the world!”

Module 3: Types of Cryptocurrency

  • Lesson Plan:
    • Learning Objective: Identify the different types of cryptocurrency.
    • Real World Example: Bitcoin, Ethereum, Ripple
    • Activity: Create a comparison chart of the top 10 cryptocurrencies.
    • Video Script: “In this lesson, we will be exploring the different types of cryptocurrency. While Bitcoin was the first and remains the most well-known, there are now thousands of different cryptocurrencies in circulation. From Ethereum to Ripple, each cryptocurrency has its own unique features and uses. In this lesson, we will learn about the different types of cryptocurrency and what sets them apart. Get ready to broaden your understanding of the crypto world!”

Module 4: Purchasing Cryptocurrency

  • Lesson Plan:
    • Learning Objective: Explain the steps to purchase cryptocurrency.
    • Real World Example: Setting up a cryptocurrency wallet, buying cryptocurrency through an exchange.
    • Activity: Set up a cryptocurrency wallet and purchase a small amount of cryptocurrency.
    • Video Script: “In this lesson, we will be learning about how to purchase cryptocurrency. The first step is to set up a cryptocurrency wallet, which is where you will store your digital assets. Next, you will need to buy cryptocurrency through an exchange. In this lesson, we will guide you through the process step-by-step and give you the tools you need to start investing in the crypto world. Let’s get started!”

Module 5: Trading Cryptocurrency

  • Lesson Plan:
    • Learning Objective: Explain the basics of trading cryptocurrency.
    • Real World Example: Trading on cryptocurrency exchanges.
    • Activity: Research cryptocurrency exchanges and create a list of the top 5 with a brief description of each.
    • Video Script: “In this lesson, we will be discussing the basics of trading cryptocurrency. To trade cryptocurrency, you will need to use a cryptocurrency exchange. In this lesson, we will explore the different types of exchanges and how to choose