Here's some additional information to expand your knowledge a bit...

In the beginning, when you're first trying to understand, it's probably fine for you to think of it as a bank statement of account.  As you learn more, you'll discover that what it stores and how it stores it is nothing at all like a bank statement of account. Don't let this initial understanding confuse you when you start to dig deeper. You'll need to unlearn some of the assumptions you've made.

This is one of several terms that seems to have multiple meanings depending on who you ask, as well as when and where they learned it. In many cases, "the first transaction in each block" is called a "generation transaction" (because it generates the new bitcoins that are entering the system) or a "block reward transaction" (because it is the transaction that pays the solo miner or mining pool their block reward).  In those cases, "coinbase" is the only a small portion of that transaction. Specifically, the portion that would be called "inputs" in the other standard transactions.

Cryptography is the study of techniques for secure communication in the presence of adversarial behavior. There are many types of cryptography. Only some of them rely on mathematical concepts. Bitcoin relies on a few clever mathematical algorithms such as those commonly known as "hashing" and "digital signatures".

That risk can be reduced (but not eliminated) by removing your funds from the CEX whenever you are not actively engaged in making an exchange of currencies.

Correct.  It is a piece of data (essentially, a number) that is calculated by using the original message in a digital data form and the private key and a specific mathematical process.  Then providing a public key to anybody that might want to verify the signature.  Another mathematical process (a verification process) can be performed using the signature, the message, and the public key. That verification process can prove beyond any doubt that the only way that the signature could be created is with the specific private key that is associated with the given public key.

The "alphabets and numbers" are just a convenient way (for computer programmers) to represent really big numbers.  In the case of Bitcoin's signature algorithm, the private key is actually just an integer. A really, really big integer. you don't "produce" the key to claim bitcoin. Instead, you use the key to generate a digital signature when you create a transaction.  That digital signature is then provided to demonstrate to every node on the bitcoin network that you are authorized to spend the specific bitcoins that you are attempting to spend.

Just like a private key, this is also just a clever way to store a very big integer.  Really, really big numbers are difficult for humans to remember, and are prone to mistakes when humans attempt to write them down or type them.  The "seed phrase" is a way to convert a really big number into a set of words, and to convert that set of words back into the original really big number.  Once the seed phrase is converted back into the original number that it represents, there is a standardized process for generating a HUGE quantity of private keys from that one number.  So, as long as you have the phrase, and you have software that knows the standardized process for converting it back into a number and knows the standardized process for generating private keys from that starting number, you can always regenerate the exact same set of private keys.

You may start to see a pattern in what I'm saying here...  That set of letters is just a convenient way to represent a very big integer.  In that very big number is all the information that a wallet software would need to be able to create a bitcoin transaction output script. It includes things like the public key (a pair of very large integers), a checksum (a number that software can use to determine if you mistyped the address), and a script type (a number that tells the wallet software what type of transaction to create).

Specifically, there are 100,000,000 satoshi units in 1 bitcoin unit. Some other units you might hear used are millibitcoin and microbitcoin. Here are some other conversions:
1,000 millibitcoin = 1 bitcoin
1,000 microbitcoin = 1 millibitcoin
1,000,000 microbitcoin = 1 bitcoin
100 satoshi = 1 microbitcoin
100,000 satoshi = 1 millibitcoin

Bitcoin transactions have a certain minimum amount of bitcoins that are typically required to be paid per unit of size (vbytes) of the transaction. Dust is often used as a term to describe transaction amounts that would cost more in transaction fees to spend than they are worth.

So, for example, if the average cost in transaction fees to spend some received bitcoin is about 800 satoshis, and you receive a transaction with only 700 satoshis, then any attempt to spend those 700 satoshis will require you to pay ALL 700 of them to the transaction fees AND still come up with an extra 100 satoshis from somewhere else. This means that including those 700 satoshis in a transaction will not result in the recipient receiving any extra funds, and will just cost you even more money.  You come out ahead financially by just NEVER spending the 700 satoshis.

It'd be a bit like if I gave you a special coin worth $1, but the ONLY way you could ever spend that coin would be to pay an appraiser at the time of your transaction $100 to verify that the special coin is not counterfeit and is actually worth $1.  You'd be better off just tossing the coin in the trash than ever trying to spend it.

So, you are correct that "dust" is an output with little value. Specifically, many people use the term to describe outputs that effectively have negative value.

It's a word that's used to differentiate modern currencies which get their value from their relationship to the government that issues them from the older currencies which were backed by a physical quantity of something valuable such as gold.

Cryptocurrencies are neither.  They don't have a government that issues them, nor are they backed by anything physical that a holder can dependably exchange the currency for.

Since blocks happen on average approximately every 10 minutes, 210,000 blocks mathematically works out to be just about 4 years. 210,000 blocks takes an average of about 2,100,000 minutes. There are 60 minutes in an hour, so that's 35,000 hours. There ar 24 hours in a day, so that's 1458 (and a third) days. There are 365 (and a fourth) days per year, so that's 3.99 years (or just about 4 years).

Feel free to ask about any terms you see that aren't clear. There are many people here that are willing to help. Be careful though about who you rely on for information. There's a lot of misinformation and people that will confidently state things that are entirely untrue.

Bitcoin differs from gold in that it cannot be easily seized by the government. Seizure by the government is only possible if you are utilizing a custodial wallet through a wallet authority. However, if you have been using a non-custodial wallet, your cryptocurrency cannot be seized. This is because cryptocurrencies are decentralized, and the government lacks control over them.

Your motivation to learn about bitcoin is rooted in the right mindset. There is no financial gain at the beginning of course, we know that this would definitely come along if you stick long enough. When I first got into bitcoin I did it like a wounded warrior becasue I had first invested in altcoins with a wrong mindset of overnight success. But I had to start all over to learn about bitcoin after I also went homeless from the altcoin rug pull. I hope you share with us about your experiences with studying bitcoin.

Well I have rarely used someone to trade if not of brainboss p2p service that we know very in this forum, then the next place i do trade p2p is on Binance exchange and they function as an escrow whereby when you confirmed that you have gotten alert before you could released their payment. With them it's very easy to eliminate being scammed while trading over there.

The worse place is dealing with people in a particular crypto group or telegram because such persons may only want you to send them the bitcoin without them sending you the required funds in fiat. So it's advisable to avoid such trade rather than used a trusted and reliable platform to trade, you can use brainboss services to exchange your bitcoin if you weren't comfortable with others.

Well said. It’s good that you finally realize on how to get out from your comfort zone and overcome your fears as being fearful will never make you successful at all. And knowing this forum is a blessing for you. Explore the forum as much as you can, and do your own diligence to research if that’s necessary to widen your understanding on the topics that you hardly understand. And never hesitate to raise questions that you think you need more answers and clarifications from other significant members. That way, you will keep on learning and soon others may also learn from you. And yes, be vigilant at all times. Even professionals in this forum are sometimes being taken advantage if they tend to be less cautious at some point.

A signature is proof of ownership of a private key, but the purpose of a digital signature really depends on the context, much like the hand-written signature on a contract or on a letter. For example, the purpose of me signing a message saying "I own the account odolvlobo" with the private key of a previously posted address would be to prove that I own the account, and not that I own the private key.

A private key in Bitcoin is a 256-bit number. It allows you to send bitcoins at the address associated with it. It can be encoded in the WIF format as a set of letters and numbers, but that is not what it is as that is just one way to write it.

A seed phrase (also called a recovery phrase) is not a password. It is the value used to generate all of the addresses and private keys used by a wallet. It should be kept secret like a private key, but it is not "like a private key" because it is not used like a private key.

When someone writes "wallet address", it make me wonder. Perhaps they mean an address in a wallet, but is there such thing as a non-wallet address? A wallet is not an address nor does it have an address. A wallet contains addresses (and their private keys). A wallet can contain one address or it can contain thousands of addresses. So, I would suggest avoiding the term "wallet address" and just using "wallet" or "address", depending on what it is.

That's a bit harsh, coming from you to someone who should be getting more encouragement from a more experienced member like you. We should show these new users kindness and direction especially when they're showing signs and efforts they're making to increase their crypto knowledge. For me, your comment there didn't sound supportive. Again, you may have mastered how to search stuff here but OP is just a noob who may not even know there's a search engine here. It took me over two years being here before I realized I could search stuff on this forum. Please, let's find a way of encouraging these new ones who are showing genuine interest to learn.

Considering that I live in the Arabian Gulf, where the dollar is the currency used in conducting all commercial transactions for the sale of oil and natural gas, and perhaps it is the reason for the dollar being a global reserve currency or what is known as the petrodollar. interest rates without involving the countries that contribute to the globalization of the dollar, or at least taking into account the damage to their interests, and yet they do not want independent moves from OPEC.
unless the United States changes its foreign policies, I believe that more countries will be open to using more currencies in their monetary policies, and it may come to selling oil in local currencies.

It is still not about each and every. We are seeing most exciting examples and extrapolate it on everyone, but it doesn't work so. Some are more successful with what they have, some are less. Getting education just gives you more chances on being successful, but not guarantees that. Sometimes we can choose a wrong profession, which is not suitable for us, sometimes a profession can be or become outdated... Getting a financial education is good but it doesn't make everything by itself.

We are not seers

He opened border? Give us a valid link about it. I am bored of Nigerian news these days but I have not heard of anything like that.

You have to be careful with that premise, more clients* more income, in any case I think that your vision is very limited to small businesses, and basically face-to-face, today you can make money offline and online at the same time. That in fact is already a consideration no matter what area you are in, if you have only one you should be or have a presence in one of the two, the incorporation will bring new clients and perhaps income.

(*) Businesses are complicated depending on which area is related, a friend who increased his clients in your transport company,  saw how costs increased and not profits.

The routes grew and he had to increase costs for new trucks and associated personnel, the growth of customers meant an increase in expenses that he could control but fortunately it took a couple of years to have associated profits.

Seems like a very smart move to me. Ammous Is an extremely smart guy & it’s not like El Salvador is married to him, they can take him on in this advisory role to use his expertise. Hopefully it works out as a gery positive appointment but if not there is no problem to part ways. However, Ammous is likely to be a great attribute to the economy in ES.

This one na serious matter way concern and e go get effect on many Nigerians maybe not as a parent in per say but, as a youth or even parnegs cef way go like sponsor them wards abroad for studies. Non the less, even parents cef way go like add to their degree. This na direct hindrance to Nigerians archiving this goal.
Na as you talk am I try go fine the news online but, na the recap I still manage track. I for like make you post the link of the interview so we for fit follow up.

No be lie say if man see better, e no go like come back where no been bright for ram but, this thing way she talk no go well at all. Na this one show say, e no be true and patriotic Nigerian.

I am sure that first of all you need to provide high quality products if you are a manufacturer, in this case, if you have a wholesale. But if you are a retailer, then you absolutely need to maintain a high customer service and also ensure that the quality of the products is at a high level, because the best service will not help you if the customers will complain about poor quality. You can also think about increasing the range, and preferably high-margin products.