Skip to content

Commit

Permalink
feat: edit reward values (#28)
Browse files Browse the repository at this point in the history
  • Loading branch information
leesalminen authored Oct 19, 2023
1 parent fe3c53b commit e1e2cb2
Show file tree
Hide file tree
Showing 116 changed files with 116 additions and 116 deletions.
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 101
lesson: 03
screen: whereBitcoinExist
title: Where do the bitcoins exist?
reward: 3
reward: 2
text: |
Bitcoin is a new form of money. It can be used by anyone, anytime -- anywhere in the world. It is not tied to a specific government or region (like US Dollars). There are also no paper bills, metal coins or plastic cards. Everything is 100% digital. Bitcoin is a network of computers running on the internet. Your bitcoin is easily managed with software on your smartphone or computer!
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 101
lesson: 04
screen: whoControlsBitcoin
title: Who controls Bitcoin?
reward: 3
reward: 2
text: |
Bitcoin is not controlled by any person, company or government. It is run by the community of users -- people and companies all around the world -- voluntarily running bitcoin software on their computers and smartphones.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 102
lesson: 01
screen: moneySocialAgreement
title: Money is a social agreement.
reward: 4
reward: 2
text: |
Money requires people to trust. People trust the paper dollar bills in their pocket. They trust the digits in their online bank account. They trust the balance on a store gift card will be redeemable. Having money allows people to easy trade it immediately for a good, or a service.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 102
lesson: 02
screen: coincidenceOfWants
title: Money solves the “coincidence of wants”... What is that??
reward: 4
reward: 2
text: |
Centuries ago, before people had money, they would barter -- or haggle over how to trade one unique item, in exchange for another item or service. Let’s say you wanted to have a meal at the local restaurant, and offered the owner a broom. The owner might say “no” -- but I will accept three hats instead, if you happen to have them. You can imagine how difficult and inefficient a “barter economy” would be! By contrast, with money, you can simply present a $20 bill. And you know that the restaurant owner will readily accept it.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 102
lesson: 03
screen: moneyEvolution
title: Money has evolved, since almost the beginning of time.
reward: 4
reward: 2
text: |
Thousands of years ago, a society in Micronesia used very large and scarce stones as a form of agreed currency. Starting in the 1500’s, rare Cowrie shells (found in the ocean) became commonly used in many nations as a form of money. And for millennia, gold has been used as a form of money for countries around the world -- including the United States (until 1971).
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 102
lesson: 04
screen: whyStonesShellGold
title: Why were stones, shells and gold commonly used as money in the past?
reward: 4
reward: 3
text: |
Well, these items all had some -- but not all -- of the characteristics of good money.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 102
lesson: 05
screen: moneyIsImportant
title: Money is important to individuals
reward: 4
reward: 3
text: |
Everybody knows that money matters.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 103
lesson: 01
screen: WhatIsFiat
title: "Fiat Currency: What is that?"
reward: 5
reward: 2
text: |
All national currencies in circulation today are called “fiat” money. This includes US Dollars, Japanese Yen, Swiss Francs, and so forth.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 103
lesson: 02
screen: whyCareAboutFiatMoney
title: I trust my government. Why should I care about fiat money?
reward: 5
reward: 2
text: |
As shared in a prior quiz, the US Central Bank is the Federal Reserve, or the “Fed”.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 103
lesson: 03
screen: GovernementCanPrintMoney
title: Who should care that the government can print unlimited money?
reward: 5
reward: 2
text: |
Well, everybody should care!
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 103
lesson: 04
screen: FiatLosesValueOverTime
title: Does this mean that all fiat money loses value over time?
reward: 5
reward: 3
text: |
That is correct.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 103
lesson: 05
screen: OtherIssues
title: OK, fiat money loses value over time. Are there other issues?
reward: 5
reward: 4
text: |
Yes, there are many other issues that exist with modern fiat money.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 01
screen: LimitedSupply
title: Special Characteristic #1: Limited Supply
reward: 6
reward: 2
text: |
Governments can print fiat money in unlimited quantities.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 02
screen: Decentralized
title: Special Characteristic #2: Decentralized
reward: 6
reward: 2
text: |
Fiat money is controlled by banks and governments — which is why people refer to it as a “centralized” currency.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 03
screen: NoCounterfeitMoney
title: Special Characteristic #3: No Counterfeit Money
reward: 6
reward: 2
image: ../.gitbook/assets/image.png
text: |
Paper money, checks and credit card transactions can all be counterfeit, or faked.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 04
screen: HighlyDivisible
title: Special Characteristic #4: Highly Divisible
reward: 6
reward: 3
text: |
Old-fashioned fiat money can only be spent in amounts as small as one penny — or two decimal places for one US Dollar ($0.01).
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 05
screen: securePartOne
title: Special Characteristic #5: Secure -- Part I
reward: 6
reward: 3
text: |
The bitcoin network is worth well over $100 billion today. Accordingly, the network must be very secure — so that money is never stolen.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 104
lesson: 06
screen: securePartTwo
title: Special Characteristic #5: Secure -- Part II
reward: 6
reward: 4
text: |
To be direct: the bitcoin network itself has never been hacked. Never once.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 201
lesson: 01
screen: originsOfMoney
title: The origins of money
reward: 7
reward: 2
illustration: null
text: |
The earliest human societies engaged in trade through barter, but this method had several limitations. One issue was the "double coincidence of wants" problem, where two people needed to desire the same item at the same time in order to complete a trade.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 201
lesson: 02
screen: primitiveMoney
title: Primitive forms of money
reward: 7
reward: 2
illustration:
text: |
Collectibles served as a precursor to money by allowing trade between different groups and facilitating the transfer of wealth between generations. Although they were not used as frequently as modern money in paleolithic societies, collectibles still served as a store of value and could sometimes even facilitate trade.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 201
lesson: 03
screen: anticipatingDemand
title: Anticipating Demand
reward: 7
reward: 3
illustration: null
text: |
The choice of which items to collect or create posed a significant problem for early humans, as they had to anticipate which objects would be desired by others. The ability to correctly predict which items would be in demand for their collectible value gave a significant advantage to the owner in terms of their ability to trade and accumulate wealth.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 201
lesson: 04
screen: nashEquilibrium
title: The Key to Facilitating Trade
reward: 7
reward: 3
illustration: null
text: |
Acquiring an item with the expectation that it will be desired as a future store of value can accelerate its adoption for that purpose. This process can create a feedback loop that drives societies towards adopting a single store of value.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 201
lesson: 05
screen: singleStoreOfValue
title: The Benefits of Converging on a Single Store of Value
reward: 7
reward: 4
illustration: null
text: |
As human societies and trade routes developed over time, stores of value that emerged in different societies began to compete with each other. Merchants and traders had to decide whether to save their profits in the store of value of their own society or in the store of value of the society they were trading with, or a combination of both.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 01
screen: whatIsGoodSOV
title: Some stores of value are better than others
reward: 8
reward: 2
illustration:
text: |
When stores of value compete with each other, the attributes that make a good store of value allow it to outperform its competitors and increase demand over time.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 02
screen: durability
title: Durability is an important attribute for a good store of value
reward: 8
reward: 2
illustration:
text: |
The good used as money should not be perishable or easily destroyed. Gold is known for its durability and is often considered the "king" in this regard.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 03
screen: portability
title: The good must be easy to transport and store
reward: 8
reward: 2
illustration:
text: |
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 04
screen: fungibility
title: One specimen should be interchangeable with another of equal quantity
reward: 8
reward: 2
illustration:
text: |
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 05
screen: verifiability
title: The good must be easy to quickly identify and verify as authentic
reward: 8
reward: 3
illustration:
text: |
It is important for a good store of value to be easily verifiable as authentic. This increases confidence in trade and the likelihood that a transaction will be completed.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 06
screen: divisibility
title: The good must be easy to subdivide
reward: 8
reward: 3
illustration:
text: |
The ability to divide a good is an important attribute for it to be a good store of value.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 07
screen: scarce
title: A monetary good must scarce
reward: 8
reward: 3
illustration:
text: |
A good store of value should have a limited supply, or be scarce.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 08
screen: establishedHistory
title: An established history of being valued by society
reward: 8
reward: 4
illustration:
text: |
This is because a well-established store of value is less likely to be displaced by a newcomer, unless it has a significant advantage over the established good.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 202
lesson: 09
screen: censorshipResistance
title: No permission required
reward: 8
reward: 5
illustration:
text: |
Censorship-resistance is an attribute that has become increasingly important in the digital age, as it refers to the difficulty that external parties, such as corporations or governments, have in preventing an individual from using a particular good.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 01
screen: evolutionMoney
title: The Evolution of Money
reward: 9
reward: 2
illustration: null
text: |
In modern times, many people in the field of monetary economics focus on the idea that money is mainly used as a way to exchange goods and services.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 02
screen: collectible
title: "Four Stages of Money: Collectible"
reward: 9
reward: 2
illustration: null
text: |
Throughout history, money has gone through four stages of development. In the very beginning, people only wanted money because of its special qualities, and it was mostly seen as a decorative item or a collectible.;
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 03
screen: storeOfValue
title: "Four Stages of Money: Store of Value"
reward: 9
reward: 2
illustration: null
text: |
The store of value is the second stage of money's evolution. When enough people want money because of its special qualities, it becomes a way to keep and save value over time, to transport hard earned wealth into the future.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 04
screen: mediumOfExchange
title: "Four Stages of Money: Medium of Exchange"
reward: 9
reward: 3
illustration:
text: |
When money is used to store value, its value becomes stable eventually. And when the value of money is stable, it becomes the best option to facilitate trade as it's easy to use and doesn't have the coordination burden of barter.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 05
screen: unitOfAccount
title: "Four Stages of Money: Unit of Account"
reward: 9
reward: 3
illustration:
text: |
When money is commonly used for trading, goods are priced in terms of it. This means that most goods can be exchanged for money at a certain rate.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 06
screen: partlyMonetized
title: Partial Monetization
reward: 9
reward: 3
illustration:
text: |
Goods that are not widely accepted as a unit of account may be considered "partly monetized" because they are used for some purposes related to money, but not all.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 203
lesson: 07
screen: monetizationStage
title: Bitcoin is in the stage of monetization
reward: 9
reward: 4
illustration:
text: |
Bitcoin is currently changing from the first stage of being used as money to the second stage. It may take several years for Bitcoin to be used as a way to trade goods and services, like other currencies.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 204
lesson: 01
screen: notFromGovernment
title: Money is not a government creation
reward: 10
reward: 2
illustration:
text: |
There is a popular misconception that money is a government creation and cannot exist without government. This is false.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 204
lesson: 02
screen: primaryFunction
title: The primary function of money
reward: 10
reward: 2
illustration:
text: |
Primitive money existed long before large scale trade networks. Archeologists found that early humans used valuable tools like arrowheads, collectibles like cowry shells and commodities like barley as primitive money.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 204
lesson: 03
screen: monetaryMetals
title: Monetary Metals
reward: 10
reward: 3
illustration:
text: |
Metals were difficult to make, which made them rare. They also lasted longer than other materials like shells, grains, and beads. This made them valuable and easy to carry, or portable.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 204
lesson: 04
screen: stockToFlow
title: Understanding the Stock to Flow Ratio
reward: 10
reward: 3
illustration:
text: |
The Stock to Flow ratio is a measure of the rate at which new units of money are added to the existing supply.
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -2,7 +2,7 @@ section: 204
lesson: 05
screen: hardMoney
title: Hard Money and Easy Money
reward: 10
reward: 4
illustration:
text: |
The difficulty of producing new units of money compared to other forms of money is called its hardness. This can change over time as technology improves and what was once difficult to produce could become easier.
Expand Down
Loading

0 comments on commit e1e2cb2

Please sign in to comment.