A New Kind Of Money

What Is Bitcoin?

Bitcoin (BTC) is a digital currency, which is used and distributed electronically. Bitcoin is a decentralized peer-to-peer network. No single institution or person controls it. Bitcoins can't be printed, and their amount is very limited – only 21 mln Bitcoins can ever be created.

Exchange Wallet

Exchange wallets are wallets hosted within an exchange app such as Coinbase. These wallets allow you to send and receive Bitcoin, but you do not have a seed phrase for your wallet. You don't own your exchange wallet, which means there is no way to recover your Bitcoin if the exchange should cease to exist.

Hot Wallet

A hot wallet is essentially an app on your mobile device and pc that allows you to securely store your Bitcoin. A hot wallet should allow for a seed phrase of 12 or 24 words to recover your wallet. I would recommend using Exodus's wallet, and it is user friendly with a gorgeous UI.

Cold Wallet

This is the most secure way to store your Bitcoin. I would recommend Coinkite as it is by far the most secure wallet I've used. Coinkite is for Bitcoin only, so if you'd like to store other cryptos, I'd suggest Trezor.

You Don't Have To Pick Only One Wallet

These Are Some Of My Favorites

There are hundreds of options of Bitcoin wallets on the market. To help narrow down your choices, these are the wallets I've used and recommend.

Exchange Wallet

BlockFi

I recommend BlockFi to purchase Bitcoin and store it if you'd like to keep it on an exchange wallet.

Exchange Wallet

Coinbase

Coinbase is where I first started buying Bitcoin. It's a trendy option and a fine place to start.

Hot Wallet

Exodus

I really love this option for a hot wallet. It is simple to use and has a beautiful UI that I enjoy using.

Hot Wallet

Coinbase Wallet

I use this as my transactional wallet for small amounts of Bitcoin. It's a very popular option, so it works well with 3rd party applications.

Cold Wallet

Trezor

Terzor is an excellent option if you are looking into more crypto than Bitcoin. It's user friendly and secure.

Cold Wallet

CoinKite

Coinbase is the best and most secure Bitcoin walled I've used. I highly recommend it but caution that it is for a more advanced user.

Stacking Sats

GET BITCOIN WITHOUT BUYING BITCOIN

The Fold App is one of my favorite things about Bitcoin. It's an early indicator of the great software that is currently running on the blockchain. The Fold App is a fun way to earn Bitcoin with everyday purchases. You get a percentage of sats (sats = Satoshis, Bitcoin is equal to 100 million Satoshis) on every purchase. You have a chance to with a Bitcoin with a spin of the wheel on purchases. The app also has a daily bonus wheel that keeps me coming back. I use this now as my primary debit card.


Use my referral link for a bonus when you sign up:

Fold

Sats While You Shop

EARN UP TO 16% IN BTC ON YOUR ONLINE PURCHASES

Earn a cashback in your favorite crypto asset. Earn Bitcoin (BTC) when you shop online with the stores you know and love. Join thousands of other financially savvy shoppers earning Bitcoin with BitcoinRewards.com. Shop for Holiday and Travel, Clothing and Fashion, Home and Garden, Electronics, Beauty, Groceries, and much more. Earn Bitcoin Rewards today!


Use my referral link for a bonus when you sign up:

BitcoinRewards

Free Money. Automatically.

EARN FREE MONEY WHEN YOU SHOP

Lolli gives you free bitcoin or cash when you shop at over 1,000 top stores. Lolli partners with top stores that pay us when you shop. Once you make a purchase, merchants pay us, and then we pay you, sending you free bitcoin or cash to your Lolli wallet.


Use my referral link for a bonus when you sign up:

Lolli
Orange Pill

Take A Deeper Dive Into Bitcoin

Everything Divided By 21 Million

Bitcoin is like digital gold.

Like gold, bitcoin cannot simply be created arbitrarily; it requires work to "extract". While gold must be extracted from the physical earth, bitcoin must be "mined" via computational means.


Bitcoin also has a stipulation—set forth in its source code—that it must have a limited and finite supply. For this reason, there will only ever be 21 million bitcoins ever produced. On average, these bitcoins are introduced to the bitcoin supply at a fixed rate of one block every ten minutes. In addition, the amount of bitcoin released in each of these aforementioned blocks is reduced by 50% every four years.



Buy Bitcoin Bitcoin.org

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