Bitcoin for n00bz?

stokeley

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Joined
Aug 18, 2024
Messages
18
I'm interested in OpSec for my purchases of reading material because I don't believe it's anyone's business who I read.

That said, I don't understand how purchasing coins works, and it seems there's a lot of ways to naively pay a lot for transaction fees, or have long hold times before you can transfer funds to a wallet. It also seems that there are some places to exchange cash for coins that pay more attention to where you transfer funds. (Not counting ATMs, that seem to be the most anonymous but also charge extortionate fees.)

At the most basic level, buying coins from a big exchange with a bank account seems to be telling my bank and the exchange what I'm doing. Not that crypto isn't legal (I don't think!) but some of its uses are less than legitimate and I wouldn't want to appear anything but on the level.

That said, I tend to view larger companies that have a track record and do a lot of business - Coinbase, CashApp, Robinhood - and yet I understand these are the ones that may entail issues of various types.

I also got advice that I should consider "washing" my funds through an online casino since they are legal in my state. I'm not sure whether that meant to fund a casino account with a bank account/credit card and then withdraw as coins to a coin wallet or to purchase coins, deposit to a casino, and then withdraw from a casino. Either way I understood the purpose to appear as though my typical wallet/purchase behavior is gaming, the most universally accepted American activity after firearms and cars 😁

What's a noob to do 🤔 Is there a good FAQ about what wallets and exchanges one might prefer for clearnet purchases, and alternately for otherwise? I'm an eager reader so I'm happy to set up more than one if that's best!
 
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  1. tiquanunderwood @ tiquanunderwood: @Hankhill and everone else. Love the sports talk. Yeah Ray Lewis is GOAT at MLB in my opinion. Both him and Ed Reed are fist ballot hall of famers. But yeah, that last game was painful.
  2. Hankhill @ Hankhill: ravens used to be my favorite team and I still love em, but since I smoved havent watched a game since the superbowl 2013. Ray lewis was a goat fr in my opinion
  3. M @ MCAJB6122: Sorry tiquan I know that must've been frustrating for you but I personally really enjoyed the game 😊
  4. tiquanunderwood @ tiquanunderwood: @Layne_Cobain Honestly it is one of the worst ravens game I've watched since Lamar started in 2018, taking over for Flacco. Everything that could go wrong on offense did. We were moving the ball, but turning it over on flukey plays.
  5. L @ Layne_Cobain: @tiquanunderwood couldnt believe that bro I knew they’d be better with burrow back but you guys just kept shooting yourselves in the foot 5 turnovers 😬 but you still very alive after that win streak
  6. tiquanunderwood @ tiquanunderwood: Oof that was rough. Know how you feel this past Monday @Layne_Cobain
  7. M @ MCAJB6122: Great games earlier. Not my preferred outcomes but love when primetime games are close
  8. tiquanunderwood @ tiquanunderwood: Let's go ravens babyyyyy
  9. tiquanunderwood @ tiquanunderwood: Already watching!
  10. L @ Layne_Cobain: Enjoy the games @tiquanunderwood !!! And everyone else some good college tomorrow also
  11. tiquanunderwood @ tiquanunderwood: Happy thanksgiving!
  12. Gulp2788 @ Gulp2788: HAPPY THANKSGIVING EAT AND GET FAT ALL
  13. fyjclol @ fyjclol: Happy Thanksgiving everyone!
  14. A @ AnnaSofia: Shout box is for light shoot the shit type convo - like Gracie implied. The SB is very visible, so to speak.
  15. J @ jjjjjjjjj: @Layne_Cobain Happy Thanksgiving to you too! And Happy Thanksgiving to all the lovely people here!
  16. L @ Layne_Cobain: Thanks @jjjjjjjjj and others…place is the best…Happy Thanksgiving everyone!!! 🦃 🦃
  17. J @ jjjjjjjjj: Always enjoy seeing y'all's sports talk in here
  18. tiquanunderwood @ tiquanunderwood: Yeah we're keeping it here. Thanks everyone <3
  19. Ketmaster @ Ketmaster: nah if mods say you can keep it to shoutbox, go for it
  20. L @ Layne_Cobain: Sports FTW 🙌 @tiquanunderwood 😃 , but yeah guess we can make a thread or wutever for our more in depth “coverage”
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