The CWG Journal

Education · 4 min read

From the Beginning, Part 1: Why We Start With the Problem

Crypto Wealth Group ·

Welcome to From the Beginning, a new fortnightly series on the CWG Journal. Every second week we will work through the CWG course in order, from the very first lesson to the last, and share the core idea from each part in plain language.

You do not need to be a member to follow along. The first two sections of the course are free with a free account, and every post in this series will point you to the lessons it covers.

Why a course about digital wealth starts with fiat money

Most people come to Bitcoin and digital assets through the price. They see a headline, hear a story from a friend, or notice a chart, and their first question is "should I buy?"

The course deliberately starts somewhere else. Module 0 is called The Problem, and it does not mention buying anything. Before you can judge whether any new form of money is useful, you need a clear picture of the money you already use and what it does to your savings over time.

That is the whole point of the first lesson: build an accurate understanding of the problem before looking at any solution.

Inflation is a feature, not an accident

The first big idea in Module 0 is that inflation in a fiat system is structural. Money that is created by decree, rather than backed by something scarce, can always be expanded. Over long periods it usually is.

That matters because inflation quietly moves value away from people who hold cash and savings. A small yearly rise in prices does not feel dramatic in any single year, but over 20 or 30 years it can take a large share of the purchasing power of money left sitting still. People on fixed incomes and those relying on savings, including many retirees, tend to feel it most.

This part can feel uncomfortable

The lesson is upfront about this: some of what you learn may challenge beliefs you have held for decades about "safe" money and traditional savings. That discomfort is useful. It is the start of seeing your own situation more clearly.

It is also why the course moves slowly here. Understanding the problem properly is what makes the later modules, on the history of money, Bitcoin's design, risk, custody and planning, make sense.

What the rest of Module 0 covers

Over the next few posts in this series we will work through the rest of Module 0:

Try this before the next post

Write down roughly what a weekly grocery shop, a tank of fuel and your power bill cost you five years ago, and what they cost now. You do not need exact numbers. The aim is simply to notice how prices have moved in your own life, which is exactly where the course begins.

Follow along

You can read the first lesson, Module Objectives & Overview, free on the course pathway. The next post in this series will cover the mechanics of inflation and why the fiat system is often described as a house of cards.

This series is general education only. It does not consider your personal circumstances and is not financial advice. Consider speaking with a licensed professional before making financial decisions.

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