FAQ


How do I set up a bitcoin wallet?

Sometimes the best way to learn is through DOING. Bitcoin and cryptocurrency can be incredibly intimidating, but it doesn’t have to be that way! There are some general concepts that stay the same across many different mediums, especially when it comes to setting up wallets, creating backups, and sending/receiving coins. Once you’ve gotten past these Bitcoin basics, you’ll have a solid foundation from which to start your journey into the wonderful world of blockchain!

So go ahead - get your hands dirty! I’ve got just the thing to get you started. Here’s a handy guide around a few of the concepts that will have you setting up and understanding your first Bitcoin wallet in just minutes. Enjoy!

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How do I secure my cryptocurrency?

Cryptocurrency allows users to enjoy the full power of borderless, censorship resistant, peer-to-peer value transfer. It’s a huge leap forward for monetary sovereignty. HOWEVER, with great power comes great responsibility.

For our entire adult lives, we’ve been babysat by trusted third parties. Central and consumer banks are seen as the ones who will “protect” us when something goes wrong. Deposit insurance, bailouts in the case of poor business practices, etc. The cost? Monthly fees, targeted inflation, and fractional reserve systems. Our wealth is being eroded.
Bitcoin and cryptocurrency allow users to reclaim ownership of their money, and it is important that we approach this with responsibility. How does one decipher the most secure way to store their cryptocurrency? What’s the difference between a software wallet, hardware wallet, and custodial exchange? What are the benefits of using a hardware wallet when storing long-term savings?

Dive into my videos below - a walkthrough of both the Ledger and Trezor hardware wallets - to get a basic understanding of what these devices offer in terms of form factor, usability, user interface, and coin support. 

Trezor Model T Ledger Live

Contrasting and comparing digital assets

If you’re new to cryptocurrency, it can be beyond overwhelming to sift through the glut of information out there. Often you can come across sources with conflicting viewpoints and it is difficult to decipher whose opinion carries more clout. 

Unfortunately, many newcomers try to broadly learn everything at once and often neglect creating a solid foundational knowledge from which to build upon. It is my opinion that everyone should first study Bitcoin - its creation, motivations, promises, roadblocks, and reasons for its success thus far - in order to forge a solid litmus test against other assets. What are these other coins offering? How do they differ? What were the tradeoffs made in order to implement new features?

Below I’ve compiled a list of my top 5 books that you should read. Getting through this material will give you a knowledge base of this industry that far surpasses the majority of people out there. Please enjoy, and remember - never stop learning!

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