Bitcoin 101: How to Build Money Without a Middleman | Chandigarh
Details
This is Beginner Friendly meetup. We will cover the basic concepts from scratch.
# Most financial systems run on institutional authority; Bitcoin runs on deterministic math, real-world physics, and game-theoretic incentives.
We are taught to think of money through the lens of central banks, physical cash, and financial institutions. Viewing Bitcoin through that traditional lens makes it look like just another speculative digital asset. In reality, Bitcoin is a breakthrough solution to a long-standing computer science problem: how to maintain an accurate, tamper-proof record of transactions among strangers without appointing a trusted referee. This session strips away the market noise to inspect the core architecture from scratch, showing how basic cryptography, energy expenditure, and economic incentives build open, permissionless money.
## AGENDA
- What Is Money? : Understanding money as a shared ledger helps reveal why traditional systems require middlemen.
- The Magic of Cryptography & Hash Functions: Simple math functions create unique digital signatures that make records impossible to alter secretly.
- How a Bitcoin Transaction Works: Sending value across a peer-to-peer network requires proving ownership without exposing your private security key.
- Blocks & Proof of Work: Computers spend computing energy to lock transactions into immutable blocks, binding digital records to real-world energy.
- Game Theory & Decentralized Networks: Economic incentives ensure that keeping the system honest is far more rewarding than trying to cheat it.
- The 21 Million Supply Cap: Hardcoded code rules enforce absolute digital scarcity that no single person or institution can alter.
## WHO'S GUIDING
Led by Bitshala educators and open-source builders. Our sessions are led by active community members who build open-source tools, study the Bitcoin protocol, and advocate for transparent, open software.
## WHAT TO EXPECT
- You are curious about how money and technology intersect.
- You want to understand how Bitcoin works under the hood rather than follow market trends.
- You prefer clear, logical explanations over complex jargon.
- You enjoy asking foundational questions in a welcoming, hands-on environment.
Zero prior background in coding or finance required. An appetite for logic and clear thinking required.
Stop trusting financial middlemen, come see how the code actually verifies every single satoshi.
# About Bitshala
Bitshala is a Bitcoin-focused education initiative where we help developers, designers, and curious builders learn by doing. We run cohorts, clubs, workshops, a hackerspace, and community programs that make it easier for people to explore, contribute to, and build on Bitcoin. Our focus is on hands-on learning, proof-of-work, and growing alongside a community of people who care about open technology, design, and the future of money.
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