in

Here I am, yet another beginner

I get it. Im late to the party and you guys are probably tired of these sort of questions, but here goes.

I understand what blockchains are and bitcoin as well but how do i actually get into bitcoin? As these are permanent ledgers, i want to fully understand the implications of utilizing Bitcoin before i actually step into the ring.

If there is a good resource for me to check out let me know! [bitcoin.org](https://bitcoin.org) gave me a decent overview but I have deeper questions.

It seems as if the crypto is attributed to a wallet, which is attributed to an “address”. Can anyone expound on this?? Id like to keep myself as anonymous as possible and maintain my privacy. That being said, how do i secure my wallet? Can i have access to the same bitcoin/crypto and have both a desktop and mobile wallet, and then an air-gaped copy of my wallet?

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Which wallets do you guys like, and obviously i wont be able to buy an entire bitcoin so ill have to buy pieces, what sort of nuance does this add to the situation?

These are just some of my initial thoughts and questions, thanks for any resources and advice in advance!

Edit:

What’s something you guys wish you would have done when first getting into Bitcoin (besides buying earlier lol)?

-X



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6 Comments

  1. Welcome. r/BitcoinBeginner is a better place for you to ask newbie questions.

    >how do i actually get into bitcoin?

    1. You can mine bitcoin but that requires specialized hardware.

    2. You can buy bitcoin from someone that is willing to sell you some.

    3. You can buy from a bitcoin exchange (exchanges just match buy orders with sell orders).

    4. You can mine altcoins and trade them for bitcoin.

    Bitcoin is not attached to a wallet. You control bitcoin by using private keys. Every bitcoin address (public key) has a corresponding private key. You can control the same bitcoin from multiple wallets and devices. You can restore a wallet using the seed phrase and you can import single private keys into a wallet. A bitcoin is divisible into a hundred million units called satoshis. Buying fractions of a bitcoin does not change anything.

    Bookmark this webpage of bitcoin information: https://www.lopp.net/bitcoin-information.html

    Watch this video to learn how bitcoin works: https://www.youtube.com/watch?v=bBC-nXj3Ng4

    Read a book called The Bitcoin Standard: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861

    Read a book called Mastering Bitcoin: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388/

    https://www.hope.com is also a good resource.

  2. Hearing multiple different experts views through the eyes of many podcasters seems to be a good way to develop understanding. Some podcasts have things that others miss because of their perspectives.

    Podcasts: .

    Bitcoin Audible-Reads the best papers and articles etc in the space and unpacks them. (Like Gradually then Suddenly) Beginner to advanced. Hardcore Bitcoiner. Because most good articles are read here, I won’t bother listing the best papers in this post, just check out his episode list if you want to read rather than listen.

    Real Vision: Macro and Bitcoin (has lots of good macroeconomics and market rundowns unrelated to Bitcoin also. These guys called energy stocks and commodities before it happened and described why(Thanks!))

    The Investor’s Podcast-advanced bitcoin macroeconomics, and traditional investing.

    Swan Signal-More great intermediate and advanced Bitcoin knowledge. Hardcore Bitcoiners.

    What Bitcoin Did-A Beginner/Intermediate guide. Foul language warning.

    What is Money-Deep 8 hour long Dive into the philosophy and history of power and money all with Michael Saylor and Robert Breedlove

    Pomp- Bitcoin from a wall street/VC point of view

    Lets Talk Bitcoin-How Bitcoin can help freedom, and help underserved and unbanked

    Tales From The Crypt- Hardcore Bitcoiners and miners with current events.

    Top guests to listen to in the podcasts(there are probably many others but these are the ones that stand out imo): Bitcoin and Macro: Michael Saylor, Luke Gromen, Lyn Alden, Nic Carter, Jeff Booth, Preston Pysh, Dan Held, Greg Foss, Nik Bahtia, Robert Breedlove, Andrew Quittem, Parker Lewis, Raoul Pal, Vijay Boyapati, Gigi, Andy Edstrom Chain Analysis: Willy Woo, William Clemente(kraken and glassnode also have a chain analysis newsletter) Tech gurus: Andreas Antonopolous, Jameson Lopp, Adam Back, Nick Szabo, Shinobi, Jack Mallers, Matt Odell/MartyBent, Andrew Poelstra, Andreas Antonopolous especially.

    Books: The Bitcoin Standard, Layered Money, The Internet of Money, Debt the First 5000 Years, Inventing Bitcoin, 21 lessons What Ive learned from Bitcoin, The price of Tomorrow, The Bullish Case For Bitcoin were good.

    Resource pages: https://www.lopp.net/bitcoin-information.html and https://www.lopp.net/lightning-information.html

    This isn’t an exhaustive list, just the best ones I have honed in on so far.

What do you think?

Musk is the prime example of a hypocrite

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