WEA: Adult Learning
BITCOIN & CRYPTOCURRENCIES EXPLAINED
Money And Finance
Cryptocurrency

This course is a beginner’s guide to cryptocurrencis; what are they, what is their history, how do they work, what are their advantages, disadvantages and risks? How can I profit from cryptos? What are the benefits and pitfalls and how can I employ risk management when mining, trading or investing? Links to further quality information will be provided and there are no prerequisite requirements.

Available Session Times - select from the following sessions:


STARTED 54803A - Wed 6.00pm 11 June 1 sess x 3 hrs (Wea Centre - Flexi)

Fees available for this course:(Which Fee?)
Standard: A$89.00

Select the number of places and click 'Enrol':

Your Tutor is Dennis Keillor

Dennis Keillor BAppSci (Physics), DipEd has been teaching at WEA since 2007. 

As a ‘Cycologist’ Dennis has been a successful financial market forecaster, trader and educator since 1997.

As a ‘Fizzacist’ Dennis has been producing homemade brew since Adam was a boy!

This course is available as a WEA Flexi course.

When you enrol in a WEA Flexi course, you have the option of attending each session in person or online via Zoom. You do not need to nominate a preference when you enrol, you can simply attend each session in person or online as it suits you.

Zoom is a popular video conferencing software solution which can be used as a virtual classroom. For an optimal online learning experience, when attending classes via Zoom we recommend you install Zoom Workplace on a desktop or laptop computer with built-in webcam and use a headset with microphone. Alternatively, there is a Zoom Workplace app available so you can participate using a tablet or smartphone, however you may not be able to experience all aspects of the online learning environment when participating this way.

When you enrol in a WEA Flexi course, you will receive an email with a Zoom meeting link at least two days before the course starts. If you don’t see the email in your inbox, please check your spam folder or junk mail. If you have not received the email with the Zoom meeting details, please contact us and we will provide the details you need to join the session online.

To join the course session via Zoom, simply click on the Join the Meeting link in the email or click on Join Meeting in the Zoom app and insert the Meeting ID, your name and Passcode in the boxes provided.

Please note: WEA can only provide limited technical support (such as re-sending the meeting details), as students should know how to use Zoom on their computer or device if choosing to attend this way.

Course Description

Curious about Bitcoin and the ever-expanding world of cryptocurrencies, but not sure where to start? 

This course is a beginner-friendly introduction to the foundational concepts behind Bitcoin and other digital currencies. 

You'll explore what cryptocurrencies are, where they came from, how they work, and how they're mined, traded, and stored. Along the way, you'll gain insights into the risks and benefits of engaging with crypto markets—whether as an investor, trader, or curious observer—and learn practical strategies for managing risk and avoiding scams.

Through a clear, lecture-style format with plenty of opportunities for questions and discussion, the course demystifies the often-confusing world of digital currencies. 

Topics covered include crypto wallets, transaction mechanics, market volatility, regulations and taxes, trading platforms, and margin trading. You’ll also be guided to further quality resources so you can continue your learning journey beyond the classroom. 

No prior experience or technical knowledge is required, and notes will be provided.

Course Structure

This course is delivered in a structured lecture format, broken down into key topic areas that build foundational knowledge while allowing for real-time questions and interactive discussion. 

  • Introduction – What is money? How has it evolved? Why does cryptocurrency matter?
  • Crypto Basics – Key concepts: blocks, wallets, mining, supply, volatility, and risk
  • Bitcoin in Focus – How it works, its history, advantages, and limitations
  • Transactions and Security – How to buy, store, and spend Bitcoin securely
  • Mining Explained – The role of miners and how the network stays secure
  • Markets and Trading – Exchanges, altcoins, trading strategies, and avoiding scams
  • Tax and Regulation – Understand how crypto is treated under Australian law
  • Further Learning – Resources, tools, and communities for ongoing exploration

Course Learning Outcomes

By the end of the course, students will be able to:

  • By the end of this course, students will be able to:
  • Understand what cryptocurrencies are and how they function
  • Explain how Bitcoin transactions and mining work
  • Recognise the risks and benefits of using or investing in cryptocurrency
  • Set up and manage a secure crypto wallet
  • Navigate exchanges and understand the basics of trading Bitcoin and altcoins
  • Identify common scams and learn how to avoid them
  • Gain insight into how cryptocurrencies are taxed and regulated in Australia
  • Continue their learning through trusted resources and tools