Create account

replied 2315d
When we say things like "Backup your seed, public/private key, immutable public ledger, address reuse, 0-config, block time, miner fee" ect we sound like the LN guy to the uninitiated.
En Fri Mand
replied 2314d
Maybe we can in the layers on top - like regular people using Bitcoin banks though they will also have the possibility to hold their own keys which is what gives the freedom.
replied 2314d
The important part is to have the option, people should be free to chose if they want to be their own bank or if they want their bank to the their bank. Everyone is free to chose:)
En Fri Mand
replied 2314d
There's a lot of details you have to get used to in the beginning. Can we ever prevent that with a new system?
replied 2314d
Mobile wallet with a BCH/Local currency amount listed is as good as it gets currently, the only thing that needs to be done is writing and storing the seed, but that is done in setup.
En Fri Mand
replied 2310d
And then you need to buy it which is a whole process in itself.
replied 2310d
You used to be able to create an account on a site like localbitcoins and just do a bank transfer, no ID, no KYC, just go in an buy. Hopefully it becomes easier to buy with debit cards
replied 2310d
Yes, unless you are able to take it as a payment method as an entrepreneur, there are people who get paid in Crypto (at an discount), it used to be easier to buy Bitcoin ironically.
En Fri Mand
replied 2310d
"it used to be easier". When? I am quite new (January 2017)
replied 2310d
Around 2015-2017 it was possible to buy Bitcoin directly from others using wire transfer without KYC on for example localbitcoins.com, it depends on where you live in the world.
En Fri Mand
replied 2310d
Ah yes. I remember. Didn't know it was changed.