Introduction to Bitcoin.

Understanding in layman's terms what bitcoin is and how important it is isn't the easiest thing to explain. The concept of paper money as a representation of value seems like a sound concept. It probably was when gold was held as a 1:1 backer that could be redeemed at a bank if you wanted to hold the original thing that made that paper proxy worth anything. Moving large amounts of stored value around was a breeze. Then some greedy retarded monkeys thought it would be a good idea to sever the connection of money from gold. This led to the concept inflation. A lie fed to the masses as just a natural thing that happens with money. The real problem was printing more money with nothing of value to back it. This led to more and paper money chasing the same amount of goods driving the cost of things up. There are a host of other things in this problem like the Federal Reserve, govt spending on things not even remotely related to the betterment of citizens in general and of course war. This created a veiled obscure mechanism for theft that once in place was exploited in everyway possible.

Once you understand that even a safe that is sealed, locked and buried in your backyard with a boatload of dollars in it can be stolen from you without it even being touched, you start to understand. Modern money in essence is slow inevitable theft out proportioned to ones ability to earn. There is a possible way to hedge this process and it turned out to be bitcoin. Born on the back of the 2008 financial crisis. A nerd or some nerds created this silent dragon that grew up in the quiet back rooms of the internet. No one entity can change it, anyone can run a node if they want, which helps make it more decentralized. Its programmed with a hard cap. Anyone could help make the network stronger and it slowly grew into something that could not be stopped. If you have a yard with a thousand moles and all you have is a bat, they will reproduce faster than you can whack them. Don't whack a mole, stack bitcoin.

It is volatile so don't be afraid of the ups and downs. The news you will inevitably hear is generally designed to get you to feel one way or the other. First it was heralded as drug money, then it was accused to be a ponzi scheme. My thoughts are it will either go to zero, or have infinite upside based on its firm limited supply.

Check out the path we have chosen below.

The best advice is to dollar cost average into it, get a little bit each week to average out the overall cost of entry. Then get it into self custody. No entity should be trusted with your hard money. Only play around with promises with a small amount of your stack if you really understand the risk.

this is not a necessary step, but ive found it to be real helpful.

passwords are a bitch.

we recommend Bitwarden as a fully functioning free password manager.

we learned years ago to not trust my passwords to a web browser or big tech paid for password manager. Do yourself a favor and take control of your own passwords. Bitwarden works with mac, pc, iPhone and android.

So if sometime down the line you switch platforms, you install Bitwarden put in your credentials and you are quickly back up and running with all the things you need to login to. here is a link to it, and so far its full functioning and free. if you can remember one secure password, you can let bitwarden create super secure passwords for you. you dont need to remember them. it remembers them for you.

we have used it on pixels, samsungs, mac, pc and some tablets. its rock solid. give it a shot, take the time to learn it and your password life will be so much easier.

bitwarden.com

obtain a bank account just for use with crypto. if you get paychecks this site does have some impressive perks. take a look, you may like it better than your current bank.

you can just send money to a crypto exchange with your current accounts, but this way kind of safeguards your daily use checking/savings account. 

open an account at sofi

www.sofi.com

you can get your crypto from many places.

1. foldapp.com. This is a pretty cool full featured app. you can have your paycheck deposited here, set an amount or percentage of each check to convert to btc and maybe once a month send the btc to your cold storage wallet. Check it out and see if you like what they have to offer.

2. Crypto.com. Although this site is super easy to use, they do charge a rather high fee to transfer crypto out. as of the time of this writing its a $40 fee on top of the fee you will pay on chain to do a transaction. this is ok when you are dealing with large amounts, but for $100 crypto purchase you may want to keep it on the platform until there is an amount that can absorb the fee involved. There are way to avoid the fee, but it involves using their exchange and we are to dumb for  that route. for now.

we will explore more options and post them as we look into them. we want to keep the initial process simple. unfortunately like most things in life that turn complicated things simple there is a cost for that simplicity.

the end goal is to have personal custody of your crypto and reduce risk.

after opening an account at a crypto exchange. you will want to link this account to your sofi or banking account.

use our referral link to sign up for Crypto․com, and get $50 USD for each of us 💝

self custody. this is the most important step.

you need a crypto wallet that you control. This is what we use. simple setup with many options once it is.

The recomendation is to get the 3 ccard set. That way once you set them up, they are basically clones of each other

buy Tangem Wallet with discount!

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