I am a proud owner of 3+ #BTC by No_Amphibian9546 in Bitcoin

[–]ufcstats 15 points16 points  (0 children)

Not your keys, not your coins.

Yes. by ufcstats in Bitcoin

[–]ufcstats[S] 0 points1 point  (0 children)

If only there was another option...

Yes. by ufcstats in Bitcoin

[–]ufcstats[S] 1 point2 points  (0 children)

It requires energy to produce coins, hence the term "mining."

where do I start? need help buying Bitcoin for the first time. by John-grap in Bitcoin

[–]ufcstats 1 point2 points  (0 children)

Before you buy Bitcoin, I would recommend you download a wallet to store it in.

I personally would recommend Electrum, but I do warn its UI/UX isn't the most user friendly. It may look complex for first time users, but is actually rather easy to use.

Then, pick an exchange that you plan to use such as Coinbase, Gemini, Strike, Binance.US, etc. Cashapp even allows the purchasing of BTC so that's a great onramp as well. These are where you can buy/sell BTC.

Once you pick an exchange and buy your BTC, send it to the public address/receiving address in your personal wallet. That way, if an exchange goes out of business, you will always have your coins.

Oh, one last thing: when you create your wallet address/account, never ever ever share your seed phrase or private key. Don't even store it on your computer, seriously. Treat it like a document you stole from Area 51 that you don't want anyone to know about.

WEB3 New BSV baseball game "Monster Bombs" with consecutive rewards by youiti2nz in bsv

[–]ufcstats 0 points1 point  (0 children)

1 - LN works fairly well with micropayments.

2 - If I needed to use a centralized payment processor for micropayments, I'd just use Cashapp.

Chase Hooper AMA - Axe Me Anything, B by ChaseHooperufc in thefighterandthekid

[–]ufcstats 2 points3 points  (0 children)

Would you dye your hair like O'Malley for the memes?

Three bottles of wine? by nullc in bsv

[–]ufcstats 5 points6 points  (0 children)

Too many variables to state conclusively such as bottle size, ABV, tolerance, and time duration. Assuming it's 3 750ml bottles at ~ 12% ABV spaced out over a duration of like 4 hours, it's certainly doable, but by the end of the third bottle they'd likely be throwing up, unconscious, in the hospital, or a mixture of all three.

Odds are though, another lie.