#asknostr
Has anyone good helping advices on how to go from 0 to being fully crypto? I would like to make a full transition. But slowly.
Discussion
First, it’s #bitcoin , not crypto
Second, ask yourself “why?”
Then we can start…
I say crypto, because I refer to decentralized assets.
I do want to transition, because I think the Fiat money system is unjust, since centralbanks always intervent in some direction.
And I trust more in anarchy and sovernity of every single person.
Cut of the same cloth, I see
but I suggest #bitcoin, because everything else crypto is a business model or adding back in a centralised aspect, plus BLOCKCHAIN!™️
Start with #bitcoin—easiest way to start is get yourself a private key and set up a wallet to receive some
Open source, non-custodial, only. That you you hold the keys to your own value
BlueWallet is a good place to start; I can suggest others, too
Thank you. I appriciate your help. First I thought your goal was to be right.
I hold my crypto in Edge wallet. I buy Monero on Kraken, transfer them to my edge wallet and trade those to other crypto afterwards.
Currently I invest mostly in Solana. Since they try to have a concept which is energy efficient, fast payments, cheap transactions, offer dapps like drift protocol which I actively use to daytrade crypto.
Bitcoins needs too much energy for my liking. Also it serves a very low capacity of transactions. So this means for me it can really only be of use for me equally to gold. To have some savings. But I am searching for cashreplacement. So it needs to be able to scale nice with thousands of payments per second.
#bitcoin isn’t about what we need it to be—#bitcoin is about what is needed
What is the right amount of energy use? Given an energy market, any use of energy is the right amount for that use
Any crypto ex-#bitcoin are business cases, centralised control, etc. I don’t bother so cannot help you too much there
#bitcoin works just fine as cash and being #bitcoin Functional, but to each their own
Cheers🍻
Yes, there we seem to have different findings. Thanks anyway.
What does "fully in" mean?
you don't need to interact with fiat at all?
or you hold as little fiat as possible at any point in time?
Yes I would say decrease Fiat holdings to a minimum. My flat is owned by a 86 year old. So probably I will not bring her to accept sats for renting the flat.
But I could imagine to store my value for daly spendings in crypto and pay with a visa card, wich directly converts satoshy at reasonable price.
Like I would like to increas my amound of monthly crypto usage and try to find out where I actually already could pay in crypto directly. And maby the most adapted services for this I would be happy to learn.
best is finding services that will accept bitcoin or monero directly.
otherwise you're probably KYCing yourself with a service that does rhe exchange for you.
so its a lot of searching around and buying Amazon gift cards.
can you access bitrefill in your jurisdiction?
cakepay is good for gift cards too.
Oh I am in Switzerland. There we do not use Amazon and cakerefill I have to see. But my first goal is not to be anonymous. But to have more cointransactions.