I met a Bitcoiner tonight that's been buying Bitcoin since 2020. She's done the research. She just buys and HODLs. All of her Bitcoin is on Coinbase 👀 I will be helping her transfer it off of Coinbase and teaching her about cold storage 🤙🏻
Discussion
How could she have possibly done the research but still kept her bitcoin on coinbase?
She talked my ear off about the federal reserve and monetary debasement. She said all of the right things about why we need Bitcoin. She also didn't know about Lightning. That doesn't mean she doesn't get it. She knows something is wrong with our current system and that's good enough for me. 🫂
I respect her pursuit and your diligence to educate! Also very kind of you to help her :) I mean no disrespect
I just feel self custody IS the research.
Have a great night always enjoy your content!!
just like there is no ‘the Science’, there is no ‘the Research’.
But there are first principles and rules of logic
Yeah in fairness I find that there are different states in getting it.
Bitcoin from a monetary standpoint and understanding what money is as well as contrasting it against the current incumbent system, fiat.
There is then Bitcoin the tool that has its own nuances.
I feel I was mostly in the same spot when I made my first self custody transfer from Coinbase to Bitcoin Core. It was terrifying even though I moved a relatively small amount first.
She will feel the “tangibility” of Bitcoin once you set her up on self custody and she’ll have her second “aha” moment.
Appreciate what you’re doing!
It’s scary for a lot of folks to make the jump to a hardware wallet.
😬
Ya, nice of you to help her 🙌
Not your keys .. you know the rest.. glad you are helping them out !!!
Coinbase is being forced to explore offshore options. US people should learn self-custody ASAP.
This is how we win. One person at a time. One sat at a time. #selfcustody #bitcoin #wintheracebeforethewar #thepeacefulrevolution
Coldcard makes it super easy, that's the route I went with.
That’s amazing
This is the way, Derek.
I’ve been moving a number of newer users further down the rabbit hole at my local meetup. Got a couple people running their own nodes and using CoinJoin.
Next comes getting them to use post-mix privacy tools and practices.
Some of the best Bitcoin research can be done by reading two words:
DELETE COINBASE