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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  2. Ketmaster @ Ketmaster: It's a great show, highly recommend. Think it's on Hulu
  3. L @ Layne_Cobain: Only clips on YouTube @Ketmaster but a lotta clips lol seems like a good show I gotta actually watch
  4. Ketmaster @ Ketmaster: You guys see the show Snowfall? One of my favs
  5. L @ Layne_Cobain: @Yaugae5121 one of my favorites man along w the wire 💯
  6. L @ Layne_Cobain: @Thedoccc lmaoooo “maybe we oughta just whack this prick”
  7. Y @ Yaugae5121: Dude I’ve watched the whole series these past three weeks I’ve been laid up with this broken kneecap!! What an incredible show
  8. T @ Thedoccc: LMAO I missed this https://www.youtube.com/watch?v=y44fIKY5O10
  9. L @ Layne_Cobain: Furio no so happy for coh-lumb-is he from Genoa and furio HATAH DA NORTH…sry yall if yah know yah know
  10. L @ Layne_Cobain: “he was gay Gary cooper?”
  11. T @ Thedoccc: And to the Italians, happy Columbus Day!
  12. J @ jjjjjjjjj: Happy Indigenous Peoples Day to you (and to the other lovely people here) too
  13. tiquanunderwood @ tiquanunderwood: Back to work tomorrow :( happy indigenous peoples day
  14. Ketmaster @ Ketmaster: C's* telegram
  15. Ketmaster @ Ketmaster: And I was a mod on his telegram
  16. Ketmaster @ Ketmaster: R was the man. Wish him the best
  17. Ketmaster @ Ketmaster: CnC wasn't the most honest person, and made tons off of literally just ordering for his customers. I know this bc I have a friend that worked close with him and he made nothing from the deal they struck, while C made all the money.
  18. JustChiilin @ JustChiilin: @luquitoad Btc seems to move more with the market now a days.. Could be a nice dip before moving higher
  19. L @ Layne_Cobain: I know bro I was so happy for X catching that Td…Tet does look like the real if he was on a better team I’d think definite ROY candidate
  20. tiquanunderwood @ tiquanunderwood: Cooper Rush looked awful last week for us. They promoted Tyler Huntley to active roster in case\
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