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How do I buy Bitcoin?

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Manage episode 479317051 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get Your First Bitcoins

How to buy bitcoin online. Best way to buy bitcoin.

Bitcoin is primarily a medium of exchange — money you own and control directly. To hold it, you’ll need a wallet. Unlike banks, Bitcoin puts you fully in charge of your money. That’s powerful, but it comes with responsibility. There’s no helpline, no CEO, no financial ombudsman — just you. History shows why this matters: in 1930s Germany, Jews fleeing the country were only allowed to leave with $4 — about $90 today. In more recent times, governments in countries like Venezuela, Zimbabwe, and Iran have frozen or devalued citizens' savings overnight. With Bitcoin, no one can take your funds — but you must learn how to store them properly.

To get started, try the Wallet of Satoshi, one of the easiest ways to receive your first Bitcoin. Ask a friend who uses Bitcoin to send you $100 and pay them back with a bank transfer, cash, or dinner. As you go deeper, explore more secure options like hardware wallets — devices that keep your Bitcoin offline and safe. A popular choice is Trezor, which offers simple, secure cold storage for long-term holding. Later, you can look into multi-signature storage for even greater protection.

Get intouch with Myles at [email protected]

  continue reading

77 episodes

Artwork
iconShare
 
Manage episode 479317051 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get Your First Bitcoins

How to buy bitcoin online. Best way to buy bitcoin.

Bitcoin is primarily a medium of exchange — money you own and control directly. To hold it, you’ll need a wallet. Unlike banks, Bitcoin puts you fully in charge of your money. That’s powerful, but it comes with responsibility. There’s no helpline, no CEO, no financial ombudsman — just you. History shows why this matters: in 1930s Germany, Jews fleeing the country were only allowed to leave with $4 — about $90 today. In more recent times, governments in countries like Venezuela, Zimbabwe, and Iran have frozen or devalued citizens' savings overnight. With Bitcoin, no one can take your funds — but you must learn how to store them properly.

To get started, try the Wallet of Satoshi, one of the easiest ways to receive your first Bitcoin. Ask a friend who uses Bitcoin to send you $100 and pay them back with a bank transfer, cash, or dinner. As you go deeper, explore more secure options like hardware wallets — devices that keep your Bitcoin offline and safe. A popular choice is Trezor, which offers simple, secure cold storage for long-term holding. Later, you can look into multi-signature storage for even greater protection.

Get intouch with Myles at [email protected]

  continue reading

77 episodes

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