Get a Bitcoin Wallet
A good suggestion : Blockstream Green
“This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the orange pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” – Bitcoin Morpheus
A good suggestion : Blockstream Green
There are Bitcoin ATMs just about everywhere. The good ones don't ask for any identifying information. If the ATM close to you isn't a good one, maybe a friend of yours lives near a better one. In any event, if you ask around, you'll probably have at least one friend who already has some bitcoin and could get you started. Start small. Experiment.
In a nutshell : Bitcoin is about separating Money and State, the same way we've separated Church and State. Bitcoin is digital gold you can teleport anywhere on the planet in minutes, without asking for permission. Bitcoin is a worldwide open-source project.To learn more :
As of press time, MicroStrategy has converted $425 million into bitcoin. The stock has surged 30% since its first bitcoin buy on Aug. 11. It was up 9% on Tuesday.
“We just had the awful realization that we were sitting on top of a $500 million ice cube that’s melting,” Saylor said. MicroStrategy has settled on bitcoin as the treasury alternative.
“This is not a speculation, nor is it a hedge,” said Saylor. “This was a deliberate corporate strategy to adopt a bitcoin standard.”
The end game is leveraging Bitcoin to successfully wage asymmetric financial warfare against a tyrannical hydra made up of a global central banking and political system run amok. Or fail trying.Andy Yee @ahkyee
Paul Tudor Jones removed career risk for hedge fund managers from investing in Bitcoin.
MicroStrategy removed career risk for CFOs from putting company treasury into Bitcoin.
MicroStrategy, the publicly-traded business intelligence company bought 21,454 bitcoins for $250 million (usd). From BusinessWire
“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”
Great resource to see who is giving grants to Bitcoin developers : Bitcoin Grants Tracker
Your personal information on bitcoin exchanges is not private, rules a Court in the US. In other words, "All your info are belong to us".
Judge Haynes, writing for the Fifth Circuit, decided the case under the well-established doctrine that "a person generally has no legitimate expectation of privacy in information he voluntarily turns over to third parties." Courts have applied this "third-party doctrine" to customer financial records kept by banks. The Fifth Circuit reasoned that Bitcoin records kept by an exchange should be treated the same way.
Great article about living on bitcoin in the Middle East. This article also mentions Amir Taaki (a legend in the bitcoin community).
“I rely on providers abroad,” Mo said. “I’ve had to work several part-time jobs as a graphic designer and web developer to provide financial support for my family. … I’ve finished 10 online courses at Edx, four at Udemy and read more than 10 books about programming and bitcoin.”
He said learning about bitcoin dramatically changed his life over the past two years.
“It was a great feeling when I realized I could buy food and other stuff using bitcoin,” he added.
"Minsc" : a miniscript-based scripting language making it easier to create good quality, more easily reviewable Bitcoin contracts.
There's a new Ledger vulnerability : Ledger App Isolation Bypass. If you use a Ledger, please read this article carefully and then buy something else, please. The scariest thing about this vulnerability report is the "disclosure timeline" that shows Ledger being pretty negligent in responding to the disclosure. It's really worrying as to how serious they are about security. You can also read these reddit threads: Ledger App Isolation Bypass and Ledger response to BTC derivatives exploit..
v0.9.0: code named "Rat Poison Squared on Steroids" in honor of Warren Buffet calling Bitcoin "rat poison" (him being "the biggest rat", in the words of the amazing Max Keiser). Amongst other benefits, this major release of c-lightning (bitcoin lightning implementation) includes : multi-part payments (sending and receiving) and also support for watchtower plugins that help protect the node's funds while the node is not currently connected to the network.
Some of Ledger's customers' personal info leaked around July 14th. Criminals might come to know the physical address of some people who decided they had enough bitcoin to buy a dedicated hardware wallet. That's not a very good thing. Ledger should have purging that information. Remember to buy hardware wallets with bitcoin, without giving your name, and have it delivered to another address than your personal address.
Want to donate to bitcoin developers? There's a webpage for that : bitcoindevlist.com
Remember : not your keys, not your bitcoins. Don't entrust your bitcoins to anyone, least of all banks. However, that being said, here's the big news : (in the US) the Office of the Comptroller of the Currency has concluded that national banks may provide cryptocurrency custody services on behalf of their customers.
Should you choose to go down that road, at least do it in Wyoming with the likes of what Caitlin Long is working on :
“I’m thrilled that the OCC yesterday followed Wyoming in allowing banks to provide custody for digital assets,” Long continued. “Wyoming has been developing its digital asset custody initiative for two years and already has a comprehensive framework and supervisory process in place, which does not exist elsewhere. The OCC and 49 other states do not yet have in place the comprehensive legal structure necessary for enabling digital asset custody without significant legal risk. They also do not have a roadmap for courts to adjudicate disputes involving digital assets and do not provide the certainty in bankruptcy that Wyoming provides for digital asset custodians. Its prudential standards make Wyoming the only jurisdiction in the U.S. where digital asset custody in a bank can truly be executed in a safe and sound manner.”
Who's contributing to Bitcoin development? Here's a Bitcoin development grants tracker.
Privacytools.io has a PeerTube instance. You'll find free privacy and computer security videos from Techlore. Luke Smith has great videos about digital autonomy : running your own email server, running your own metasearch engine, using rss feeds, etc.
Sendcash allows nigerian users to get a bitcoin wallet address for their nigerian bank account. One more option to send money to Africa. It might help convert some nigerian precoiners to the value of Bitcoin.
According to Motherboard, police are buying access to hacked website data :
Hackers break into websites, steal information, and then publish that data all the time, with other hackers or scammers then using it for their own ends. But breached data now has another customer: law enforcement. Some companies are selling government agencies access to data stolen from websites in the hope that it can generate investigative leads, with the data including passwords, email addresses, IP addresses, and more.
The Strike app has many possible uses among which : to buy Bitcoin (and custody it yourself), send remittances to family outside of the US, make micropayments for digital content, make purchases offline and online. Notably, this means Bitcoin-Only merchants all of a sudden have many more potential customers : all customers who have a debit card in the US (except a few States mentioned in the article). Great stepping stone to a circular Bitcoin economy.
The Bitcoin Story Begins
The Bitcoin Genesis Block : The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
This section is for those who have already started (installed a wallet, bought some bitcoin, and read a bit more about Bitcoin) and now want to go further.
Become a first class Bitcoin citizen by running your own "full node". A full node gives you more privacy (amongst other advantages).
You can run Bitcoin Core. It's free, open source software. There's also the possibility of running BTCPayServer.
Any computer/device that touches the internet is subject to hacking. Even offline devices might be hacked but that's orders of magnitude more difficult and less common. A good "hardware wallet" allows you to hold your private keys "offline". Try a ColdCard
Many things coming up : Full-node boxes (like raspiblitz), Coinjoins (like joinmarket), Bearer bitcoins (with opendime), the lightning network, the liquid network, merchant tools (with btcpayserver), tor (for example with the Tor Browser), linux (with Xubuntu), LiveDVDs, strong passphrases with diceware, software verification with pgp and sha256sum, VPNs, Juggernaut, Bitcoin satellites, etc. But for now, pat yourself on the back, sit back and watch the Fed printer go Brrrrrrrr.
Great podcast with Marty Bent and be sure to catch the weekly Rabbit Hole Recap with Marty Bent and Matt Odell : TFTC
Great podcast with Stephan Livera.
Great podcast with Anita Posch.
Bitcoin dashboard, all on one page .
Many metrics available, including "Realized Market Cap", on network-charts.coinmetrics.io
Great Bitcoin explorer from Blockstream. Also covers the Bitcoin Liquid network. Blockstream.info
Also available as an .onion website (through Tor). Just look at the bottom of the blockstream.info webpage, onion V2 and onion V3 services available.
When you want to set a custom transaction fee, you might enjoy this website : "What The Fee". The horizontal line gives you the percentage of chances that your transaction will go through in the time shown on the vertical line, given a certain transaction fee (the transaction fee being shown in sats per vbytes ("sats" or satoshis, which are 1/100,000,000th of a bitcoin; which means that if/when 1 bitcoin has a value of 1 Millions US dollars, a satoshi would/will be worth 1 cent). To learn more about transaction fees and vbytes, you can look at this webspage : bitcoin.it.
You can learn more about the current mempool (transactions waiting to be confirmed) with this website. There's even some kind of transaction fee estimator to give you a ballpark figure of how much it would cost you on average to get your transaction confirmed in a certain amount of time.
There are obviously too many great people in this space to be able to name and follow them all. But here's a list of some essentials :
The Bitcoin Donation Portal : "Support bitcoin developers so they can focus on building our future"
There are many ways to acquire bitcoins. It's on a sprectrum of convenience and privacy.
Email : firstname.lastname@example.org