Savers
Bitcoin for Savers
For Bitsacco members, chama groups and anyone new to Bitcoin.
Understand money, sats, wallets and keys, Lightning payments, and how to stay safe from scams. No technical background needed.
8 lessons, 106 min
StartThe basics
- 1What money is, and why Bitcoin existsFrom the savings tin to M-Pesa to Bitcoin: what makes money work, and the problem Bitcoin was built to solve.12 minBeginnerReadingQuiz
- 2Sats, prices and volatility: saving in Bitcoin vs shillingsYou don't need a whole bitcoin. Learn what sats are, why the price moves so much, and the questions to ask before saving in Bitcoin.12 minBeginnerReadingQuizRead first: What money is, and why Bitcoin exists
Wallets and keys
- 3Wallets, keys and seed phrasesA wallet doesn't hold coins; it holds keys. Learn what you can share, what you must never share, and how to back up your seed phrase.15 minBeginnerReadingQuizRead first: What money is, and why Bitcoin exists
- 4Self-custody vs custodial vs Fedimint ecashWho holds the keys? Compare holding them yourself, letting a company hold them, and a community federation that holds them together.15 minBeginnerReadingQuizRead first: Wallets, keys and seed phrases
Using it safely
- 5Lightning payments: sending and receiving satsFast, cheap payments for everyday amounts. Learn how invoices work, how to receive and send, and what to check before you pay.12 minBeginnerReadingQuizRead first: Wallets, keys and seed phrases
- 6Scams and how to spot themThe tricks scammers use around Bitcoin, the red flags that give them away, and what to do if you or your chama are targeted.15 minBeginnerReadingQuiz
Together
- 7Saving together: chamas and group savings with BitsaccoChamas already know how to save together. Learn what changes when a group saves in sats, and the rules to agree on before the first contribution.15 minBeginnerReadingQuizRead first: Self-custody vs custodial vs Fedimint ecash
- 8Next steps: books, the whitepaper and communityYou've finished the savers path. Here is where to read further, how to teach others, and how to help Jifunze grow.10 minBeginnerReadingQuiz
What's next
Keep reading in the library, then share what you learned with your chama at its next meeting.