Cryptocurrencies and other digital assets are receiving increased amounts of interest. Consumers are adding exposure to their personal investment portfolios. Major payment processors are facilitating digital asset payments at scale. Private and public companies are exploring and increasing investments into digital assets. Cryptocurrency holdings are becoming increasingly material.

There are numerous types of cryptocurrencies including Bitcoin which is the most popular. Cryptocurrency and the associated Blockchain technology is a look into the digital future.

This is the initial course in a series of courses that will focus on Cryptocurrency, its impact in our economy and accounting concepts.

Learning Objectives
  • Explore the value or currencies including digital currencies.
  • Identify the definition of cryptocurrency.
  • Identify and understanding cryptocurrency.
  • Discover the history of digital currency.
  • Identify and understanding the Bitcoin.
  • Discover and defining Peer-to-Peer mining.
  • Explore and examining how to track and record digital currencies.
  • Identify the key features and take-aways from digital currencies.
Last updated/reviewed: August 21, 2023
30 Reviews (179 ratings)

Reviews

5
Anonymous Author
I enjoyed this course. The material was easy to understand. The presenter was thorough yet concise in her presentation. The final exam was very reasonable.

5
Member's Profile
Very insightful introduction to cryptocurrency. Thanks, Lynn.

5
Member's Profile
Lynn, thank you for this course. I am my wits end trying to understand the crypto thing and the 101 course was very helpful. I am going to take your next course in the series to help solidify what I have learned. I am still confused about who comes up with the math equations for the miners to solve. Any thoughts on that please share. Larry

3
Anonymous Author
Just Ok for introductory material, was hoping for fresh update on 2022 FTX developments and how it affects the crypto world and regulation, also an update on CBDC developments in 2022-23 would be useful.

5
Member's Profile
I enjoyed hearing about the history and the structure of Bitcoin. I have never made a Bitcoin transaction and I feel I have a better understanding of some of the risks. Thank you.

4
Anonymous Author
This was a good survey course in understanding cryptocurrency and its background and structure. The course was more informational which is what I was looking for in the class.

5
Member's Profile
This was fascinating! Cryptocurrency always was a confusing concept to me, but Lynn did a great job of breaking it down in a way that was easily understandable.

5
Anonymous Author
I thought this course was very interesting and helpful. I thought the instructor explained the topic very well. I would recommend this course to others.

4
Member's Profile
Course was very informative especially to someone like myself that has very little understanding of cryptocurrency. Look forward to the follow up course.

4
Member's Profile
This was a very introductory topic for cryptocurrency. It was easy to follow and understand. The instructor was clear and the materials were great.

5
Anonymous Author
I enjoyed the course getting me familiar with terms and the theory of how digital currencies operate. Will take further classes on it.

5
Anonymous Author
Great introduction to Bitcoin and Cryptocurrency. Looking forward to taking other courses from Lynn regarding this topic.

5
Anonymous Author
I found this course very interesting and informative. The presentation was clear, concise and easy to understand.

5
Member's Profile
The introductory course was very informative and enlightening. It was most definitely an eye opener for me.

5
Anonymous Author
This was a very good and easy to understand overview of cryptocurrencies. Lynn is an excellent instructor.

4
Anonymous Author
Nice introduction to crypto. Just the tip of the iceberg of what CPAs will have to get educated about.

5
Anonymous Author
You may want to take this class prior to investing in crypto. That way you'll know more about it.

5
Anonymous Author
Great introduction to cryptocurrency & bitcoin for someone that has no background.

5
Anonymous Author
good overview for cpe, very high level, definitely need more training to master

4
Member's Profile
A lot of good background knowledge, which will be helpful for me in my work.

5
Anonymous Author
Good high level review. Solid foundation for understanding crypto currency

5
Anonymous Author
nofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfromme

5
Member's Profile
Good overview of how digital currency compares to fiat and gold systems

5
Member's Profile
Good basic information presented in a way that is easy to understand

5
Anonymous Author
This course is great for Cryptocurrency 101 Understanding Concepts.

5
Anonymous Author
Great outline course of the basics that everyone should take.

5
Member's Profile
Great introduction of Crypto. Overall, the lecturer is nice

5
Member's Profile
A great introductory course into a complicated subject.

5
Anonymous Author
I enjoyed this course, and I found it very informative.

5
Member's Profile
Very good overview and background on the industry.

Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Cryptocurrency 101 and Understanding the Concepts4:18
  Value of currency14:25
  Defining Cryptocurrency16:11
  Article Reference5:20
  History9:58
  Understanding Bitcoin11:44
  Tracking and Recording3:29
  Key Features and Summary6:42
CONTINUOUS PLAY
  Cryptocurrency 101 and Understanding the Concepts1:12:07
SUPPORTING MATERIAL
  Slides: Cryptocurrency 101 - Understanding the ConceptsPDF
  Cryptocurrency 101 - Understanding the Concepts Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONquiz
 FINAL EXAMexam