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Cryptocurrency / Re: Bitcoin, a distributed, worldwide, decentralized digital money.
« on: June 28, 2016, 01:33:28 AM »
It takes commitment. I'm still weaning myself off the US dollar as much as possible - but I'm nowhere near that point, and I think one would have to be a pretty savvy digital currency aficionado to be close to being completely off of government fiat currencies.
A good / easy way to start is to just buy some Bitcoin on Coinbase and use it to donate to organizations you support. I.e. Wikileaks, freeross.org etc. Find merchants with stuff you like and use it there - chances are good that if you're here, there are people selling things you want who accept Bitcoin. Go to Porcfest and buy your ticket with Bitcoin.
If you;re worried about volatility with the currency, one way to mitigate that is to buy Bitcoin immediately before or after making a purchase with btc. Kind of like an instant conversion from fiat to btc at the time of transaction.
A good / easy way to start is to just buy some Bitcoin on Coinbase and use it to donate to organizations you support. I.e. Wikileaks, freeross.org etc. Find merchants with stuff you like and use it there - chances are good that if you're here, there are people selling things you want who accept Bitcoin. Go to Porcfest and buy your ticket with Bitcoin.
If you;re worried about volatility with the currency, one way to mitigate that is to buy Bitcoin immediately before or after making a purchase with btc. Kind of like an instant conversion from fiat to btc at the time of transaction.
