Bitcoin for n00bz?

stokeley

Member
SAPPHIRE SPONSOR
Joined
Aug 18, 2024
Messages
21
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!
 
Drugbuyersguide Shoutbox
  1. M @ meepmoopmeep: hawks for sure
  2. M @ meepmoopmeep: the end of that cfp championship game was an ass clencher
  3. iBlessi @ iBlessi: What kind of P.O. Box should I get to keep my wife from opening a pack?
  4. shoutback @ shoutback: Not talking anything from the Pats but sheesh that Hawks team is looking fierce
  5. shoutback @ shoutback: So between the pats and hawks, what's your pick? Got the Hawks all day with that treacherous defense and special teams plus that explosive offense. They gotta be the fav
  6. D @ drdrizzy13: no doubt
  7. Thoth @ Thoth: Josh Allen will be 1st Ballot HOF
  8. D @ drdrizzy13: word I wanted Josh Allen to win a Superbowl. They've been so close for a few years now. Josh Allen messed up last game.
  9. R @ RedMan39: Agreed sucks the bills didn’t make it
  10. M @ meepmoopmeep: I think pats vs hawks superbowl
  11. M @ meepmoopmeep: saying that as a rams fan
  12. M @ meepmoopmeep: The rams are definitely good but I don’t believe they are seahawk level good
  13. L @ Layne_Cobain: Especially sucks the bills didn’t pull it off now since Nix is out and even with that Denver defense predict pats have an easy route to Super Bowl now…pats rams or pats hawks rematch? Perhaps
  14. shoutback @ shoutback: The Hawks look STRONG
  15. R @ RedMan39: Yeah my teams not in it (as usual) so just hoping for good games not blowouts lol
  16. M @ meepmoopmeep: Still a better game than the 49ers vs Seahawks, that one was so lopsided it made me feel bad
  17. R @ RedMan39: @shoutback it was a good one!
  18. shoutback @ shoutback: Man this game is going to give me a nervous breakdown
  19. proton369 @ proton369: 👋
  20. M @ Mammasboi123: @iBlessi you go to your DMs and type in Admin as the recipient. Or email the same address you reached out to for donating to become a sponsor.
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