Bitcoin Experience

GungHo

Member
Joined
Mar 20, 2016
Messages
90
I just used Bitcoin to renew my sponsorship here on DBG and thought I would share my experience. 

Last year I lost my Coinbase account after I donated to DBG, just like several other members have posted.  Obviously Coinbase assumes we are all drug dealers so they want nothing to do with us.   😛

But I found out that the key to making it work is to only donate to DBG from an electronic wallet, not from a BTC exchange like Coinbase or Kraken.  

I only needed two apps to make it work; Cash App and Green Wallet, both free and downloadable from the Apple App store.  I am sure Google Play has the same apps.

First I bought my coin using the Cash App. You have to verify your identity with Cash App before you can send your BTC to anyone else but that only took about a day.  You use the Cash App to capture a picture of both sides of your DL or other picture ID, and a current picture of yourself.  They denied my request the first time because my pics were not clear enough but the second time I tried it worked perfectly.  I was approved in just a few hours.

Next, I downloaded Green Wallet and setup the security for it; strong password, mnemonic phrase, a PIN, and I also turned on Face ID.  I am not sure how secure the app is overall, but it's popular, very easy to use, and I don't ever plan on using it to send more than $30-$50 at a time.  And not for storage either.  I will research it a bit more, including more apps if I decide to get into storing a lot of Bitcoin.

After you setup your Green Wallet, just transfer your BTC from Cash App to your Green Wallet (or other electronic wallet).  It takes about 10-20 minutes before your funds appear in your wallet.

Next, use your Green Wallet to send the appropriate amount to DBG.  Easy and anonomous too!

BTW, I also registered with Blockchain.com but realized I did need it when I used the electronic wallet.  

 
Same goes for ANY purchase transaction, really. Always use a wallet _you control_, not an online wallet. Companies like Coinbase are under scrutiny from financial regulators, and regularly check for transactions to "questionable" destination wallets. What's acceptable today may become "questionable" tomorrow, too :( 

 
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  1. shoutback @ shoutback: Fucking A nfl season is over :( Those were by and far the best teams this season. That Elite D will just stifle mofos. And ya gotta give Darnold his flowers for taking care of the football. That was professional.
  2. M @ meepmoopmeep: Too bad that football season is over now
  3. M @ meepmoopmeep: Seahawks offense left more to be desired (esp during first half) but patriots offense was just abysmal. A win is a win though. Squawk squawk!
  4. shoutback @ shoutback: Excuse me ladies and gentlemen, I seem to have left a little squawk here and little squawk there
  5. L @ Layne_Cobain: Hey now @tiquanunderwood split the uprights my boy 😂 😂 jp homie
  6. L @ Layne_Cobain: I want Darnold to win it so bad classy guy all he’s been through
  7. L @ Layne_Cobain: LETS GO HAWKS F**K THE PATSIES
  8. tiquanunderwood @ tiquanunderwood: I have a girl coming over that's pretty cool. Besides that just chillin and making some food,.
  9. D @ drdrizzy13: I have tix to the Saints and Colts superbowl but sold them.
  10. D @ drdrizzy13: Anybody got any fun plans for the Superbowl?
  11. tiquanunderwood @ tiquanunderwood: GO MIKE MACDONALD AND THE HAWKS BABY!
  12. shoutback @ shoutback: Thanks 😊
  13. D @ drdrizzy13: Have a good run bro.
  14. D @ drdrizzy13: yeah i'd rather them win than the Pats
  15. shoutback @ shoutback: Oh and GO SEAHAWKS
  16. shoutback @ shoutback: Anyways I have to get ready to go on my run, it's been fun talking
  17. shoutback @ shoutback: I think when we have open discourse without preconceptions we all agree more than we disagree
  18. D @ drdrizzy13: Oh I totally agree and I agree the War on Drugs was and is a complete failure.
  19. shoutback @ shoutback: I'm not trying to say my point of view is better than others, just think we need to have more open and honest discussion about everything
  20. D @ drdrizzy13: You are right it probably doesn't. It has pretty much ruined my other first cousins live. He is so out there. It just sucks to see ya know. They take it to the extreme.
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