OMG! Ugh grrrrrrr, wt... How is an average person going to ever become "bitcoiners"?
I just recently aquired my first physical device, a bitkey. Haven't sat down to set it up yet. So before I do... Could someone orient me... Where does this fit in the whole scheme?
And the. Someone mentioned utxo per utxo or something of that sort... How does that apply and can it be accommodated by one physical device?
All the gentle encouraging support, appreciated. 🙏🏻🌹🕊️🧿
Replies (7)
I like the Bitkey! I think it’s a great device to get accustomed to self custody.
A utxo is a chunk of bitcoin locked to an address. The bitkey is a user friendly wallet that allows you to manage the keys to your addresses and unlock any utxos you have in order to send them
Thank you. I haven't doven in yet... But do I understand that just like Sparrow or Blue Wallet separates UTXO and holds them as different wallets, this is also accomplished with bitkey instead of commingling them once they are all transfered over?
Ok good. I like that you say "accustomed" to. Seems important to remember to go in steps and get used to things one at a time.
Great choice with bitkey. You’ll be able to sleep knowing your funds are safe!
Bitkey’s set up is super quick and easy. Takes like 5mins. Simpler than opening a bank account.
You can even buy bitcoin through the app. Doesn’t get much more streamlined
Awesome. That's great to hear. Looking forward to diving in. I am guessing buying through the app though is a kyc procedure?
