submitted by /u/salmayweather [link] [comments] |
source https://www.reddit.com/r/btc/comments/j31c0t/on_the_state_of_p2p_cash/
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How does this work? Do we both have the keys???? We would have to, right?
I am considering paying commission only remote sales people this way. They would have 30 days to claim payment then it would come back to me. If they honestly forgot, I resend. If they go MIA, cant find them anywhere, etc, it comes back.
I would like to set them up with a bitpay or crypto.com or ??? Debit card. I would like to have one address per salesperson I pay to. It would be nice if this address is in that wallet. That way they need to move it to fiat on the debit card or to another wallet within 30 days or it comes back.
It would be nice, if we had a debit card with bitcoin wallet tied in.
How would I do this? Would everyone need both a bitcoin.com wallet AND their debit card crypto wallet? They redeem payment to their bitcoin wallet, (sweep keys??) Then they would need to send to their debit card wallet if they wanted fiat.????
It would be nice to see a bitcoin.com debit card 😎
So I couldn't mine any coins back in 2011 because I was 9 and still relying on a 500MHz Windows XP laptop. But oh well.
What I do know about Bitcoin:
It's witchcraft and hard to understand (if I could get an ELI5 explanation that would be great!)
It's like stocks but highly more volatile.
It can be used to make purchases.
Multiple currencies exist.
You used to be able to mine the coins but now you have to use brokerage services to trade them.
There are public keys and private keys; public keys would be what you use to transmit Bitcoin, private keys would be what you use to store them.
The price fluctuates all the time.
High risk, high gain.
NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE.
What I don't know about it
How everything works.
How to read and predict the market.
What physical wallet is best for me, and if it's worth the investment.
What the hell blockchain are and all that.
The advantages and disadvantages of each currency.
How I can use the coins beyond just having stashes of money.
Where the resources are and all that.
I received $100 for graduation, split it 50/50 into BTC and BCH. I'm willing to lose that $100. Know that BTC is on a slow and steady rise, BCH is relatively stagnant. I use Coinbase but know that I need to put it in a physical wallet because in Coinbase I don't own the keys. Don't know which wallet is best for me, or if it's worth the investment. Don't know the outlook of either coin, and how I can use my money.
I look forward to being enlightened, and thank anyone for any wisdom and advice.
hola,
been a ledger user since forever. like many i had my shitcoin phase but now i'm pretty much a btc only guy. bitcoin has gotten me more interested in open source and just decided i didn't want to use ledger anymore.
finally got a coldcard today and i am surprisingly impressed with this thing. the build quality is absolutely fantastic. it was super easy to set up with electrum and now i'm good to go.
i'm surprised how surprised i am. shoutout to the coldcard.
Hello bitcoiners,
yesterday was my birthday and I had many guests.
Not all conversations made it to a highlight, mostly due to my computer lagging, but that's why I'm currently running a flipstarter campaign. All participants in that campaign will be rewarded Liberland Merits (LLM) for their contribution, more info: https://flipstarter.yoshilivo.com
In case you missed my birthdaystream, this is a list of the highlights of that day, I hope you enjoy them:
James Cramer, https://flipstarter.simpleledger.io proposal: https://www.youtube.com/watch?v=8mmJlixPjes
Martijn Houttuin, crypto influencer: https://www.youtube.com/watch?v=3mkx05-ZT_Q
Toine Manders, Libertarian hero, on the USA elections: https://www.youtube.com/watch?v=d3iz3_0TQls
Didi Taihuttu, dad of the https://yolofamilytravel.com: https://www.youtube.com/watch?v=kpWJHINr2kY
Robert-Reinder Nederhoed, CEO of https://bitmymoney.com on cryptoregulations: https://www.youtube.com/watch?v=rGNKgpaizlc