Pie Cover

Education For The World

Search This Blog

A Basic Start on Understanding Bitcoin, Answering The Most Important Fundamental Questions About Bitcoin

Showing posts with the label fractional reserve

View all

Posts

How do banks counterfeit money? How to create unlimited fake money in secret?

Get link
Facebook
X
Pinterest
Email
Other Apps

Bitcoin is not going to kill the dollar 💵 the dollar is already dead in the water 💦

Get link
Facebook
X
Pinterest
Email
Other Apps

How The Banks Enslave The World Under Massive Fake Debts

Get link
Facebook
X
Pinterest
Email
Other Apps

➚ The Basics
➚ Advance: Wallets or Node Setup

Buy us a coffee

How To Connect Your Hardware Wallet To Your Own Bitcoin Node/Server

Thanks for watching, you can lightning ⚡ support me here: piecover@walletofsatoshi.com You may also like: How To Connect Your Ledger Wallet To Your Own Bitcoin Node/Server Via Sparrow Wallet How To Create A Safe Multi-Signature Wallet - Step by Step Bitcoin Guide Der Gigi: Bitcoin is Money Plus Energy Plus Time Plus Information #Bitcoin @dergigi

How To Connect Your Ledger Wallet To Your Own Bitcoin Node/Server Via Sparrow Wallet

Thanks for watching, you can lightning ⚡ support me here: piecover@walletofsatoshi.com You may also like these: Bitcoin could be the best savings technology to help you on your first home downpayment Why Bitcoin might be better than investing in real estate How To Connect Your Hardware Wallet To Your Own Bitcoin Node/Server How To Create A Safe Multi-Signature Wallet - Step by Step Bitcoin Guide Der Gigi: Bitcoin is Money Plus Energy Plus Time Plus Information #Bitcoin @dergigi Please feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover .

HOW TO UNSTUCK YOUR UNCONFIRMED BITCOIN TRANSACTION

Last updated on December 25th 2024 In case you find yourself losing sleep over your bitcoin transaction stuck for days in the mempool due to either a high fee rate environment or other circumstances, don't panic you are about to find a solution, here are three practical easy things you can do to solve the problem. 1. Replace by fee(RBF), if you are the sender, 2. Child pay for parent(CPFP), if you are the receiver 3. Transaction Accelerator at mempool.space (For Sender and Receiver) 1. To use number one: replace by fee(RBF), you simply need to go on the transaction and replace it using the bump the fee feature(in some wallets), make sure the n...

How to accept bitcoin payments in your business

It's a great idea to accept bitcoin payments in your business as it is the fastest growing economy online and set to be the future of money as we know it. When you accept bitcoin for payments not only you save on transaction fees(2% visa charges) but you're safe from charge backs, and most importantly the value of your money is not debasing over time, so you can focus more on your business not worrying about getting stolen from through inflation or other types of confiscation. Accepting bitcoin helps you attract a whole new set of customers that wouldn't be possible otherwise "bitcoiners", these people are really enthusiastic about Bitcoin and they will fly from miles away to come spend their Sats in your business just to support you. Enough of rambling lets go learn how to receive some Sats money. There are three ways you can go with this: 1. The first way is for Physical location businesses, if you want to receive bitcoin you can simply use any bitcoin...

How to get rekt investing unsafely in Cryptocurrencies

New to Bitcoin/Crypto? As a Newbie, when I first got into Bitcoin I thought it was about outsmarting the market and getting rich quick on ''promising'' crypto projects. After properly get rekt I quickly learned my lesson and realized that this was never the way to go and that Bitcoin is the only thing that matters. Unfortunately I am not the only one who is going to get stuck with this interesting story to tell, so I am writing this article to minimize the pain for future newcomers who want to avoid these expensive mistakes and learn from them. At the end of this article I plan on revealing the most effective strategy to accumulate bitcoin. So it’s probably a good idea to read till the end. Thanks for reahing, you can lightning ⚡ support me here: piecover@walletofsatoshi.com First we are going to look at the fantastic ways you can get rekt 1. Investing in crypto projects known as altco...

How To Run Your Own Lightning Node

There are a lot of advantages of running your own lightning node such as: better privacy, generating your own lightning invoices for your business, run a BTCPay server, earning few sats in fees, using your lightning address to post on platform like Y'alls( yalls.org ), stacker.news, and so much more. The Video Version: On Youtube Thanks for reading, you can lightning ⚡ support me here: piecover@walletofsatoshi.com Step 1. First we are going to use Umbrel (https://umbrel.com/#start) to install our bitcoin full node, but to do so here is the list of everything(devices) we need: 1 . Raspberry Pi 4 💡 All 2 GB, 4 GB and 8 GB RAM variants work with Umbrel. If you're confused , pick 8 GB RAM for maximum performance. 2. Storage Drive 💡 Pick a large enough SSD (or HDD) for your use case. For eg. if you want to r un a Bitcoin node, 1 TB or more is recommended. 3. Storage Drive's Enclosure 💡 To connect the storage drive to the Raspberry P...

Why Bitcoin Mining Is Good For The Environment And Why It Needs To Project Much More Power To Burn Fiat Wastes

For the past couple years there have been no shortages of false narratives and propagandized news articles and youtube videos against the Bitcoin process of securing itself. This is called "Mining" by some but is simply computers around the world protecting peoples money by preventing bad actors from stealing from them. It is important to look at Bitcoin mining more as the security of every individuals money on the network, so asking them to apologize for the energy use is like asking them to allow attackers to steal their money. And it is also crucial to understand that the level of energy required to secure the Bitcoin network would not be so high if they were not an ever growing amounts of attacks against its security. So Bitcoin security level or Hash Rate can be viewed as a counterattack of defense instead of an offense, because Bitcoin is just fighting for its survival in a world full of poisonous snakes. Bitcoin Tips: - My Alby lightn...

A world full of crazy rats working for fiat overlords

It's Friday after a long week of hard work, I fall on this old video song by Madonna - called "Ray Of Light". I have no idea what she is saying in the song but the images remind me of something that I have been thinking of for years now, something that I could never explain to a five-year-old at a straight face. The video starts with the beautiful sun rising in the sky while she has to rush on getting ready for work, you see everybody running like crazy ants to get on the cars, trains, busses, airplanes, taxies to go do some sorts of activity to generate income which is a must if you want to survive in this world, meanwhile I saw two dogs sit back relaxing, They must be thinking the same thing as I am "These people are really crazy, working for fiat fake money". She showed the time clock running so fast people are running out of time to even take their time to sit and eat properly, the rat has to keep on run...

Easiest way to buy bitcoin freely No KYC - To protect your privacy

(Video Format attached below text) Last Updated Dec 25th, 2024 RoboSats is an easy way to privately exchange Bitcoin for national currencies using Tor browser. It simplifies the peer-to-peer experience and uses lightning invoices to minimize custodial risk and trust needs. To start using RoboSats you only need a Lightning Wallet and a TOR enabled browser. Get a Lightning Wallet: blink wallet, Muun wallet or Phoenix wallet or Bleu wallet or Breez or else Install Tor Browser: Download Access RoboSats: Quickstart Thanks for reading, you can lightning ⚡ support me here: piecover@walletofsatoshi.com The process is pretty straightforward, but I will still suggest to start with a very small amount that you can afford to lose. This document has two complete walkthroughs: 1) as a buye...

Thank you for supporting my work! You can donate some satoshis by using your lightning wallet in the steps below.

Value4Value Or use this Bitcoin Tips link: - My Alby lightning Invoice

Translate

Socials

Youtube Channel
X
Nostr

Contact Form

Name

Email *

Message *

Labels

#Airport
#are you too late to buy bitcoin
#bitcoin
#Bitcoin investing
#bitcoin retirement plan
#bitcoinbasics
#bitcoineducation
#Bitcoinmining
#Bitcointransfer
#blackrock

#bonds
#border
#BTC
#china
#CO2
#compounding interest
#Corea
#Crossborderpayment
#Crypto
#crypto investing
#cryptocurrency
#cryptocurrency investment
#dogecoin
#dream
#dream life
#elonmusk
#EU
#FBTC
#Financial freedom
#food
#freedom
#future
#hardwarewallet
#health
#hope
#how to retire on bitcoin
#how to store bitcoin
#howbitcoinworks
#howtousebitcoin
#IBIT
#Immigration
#inflation
#investment
#Iran
#Israel
#learningbitcoin
#ledger
#life
#live on bitcoin
#money
#money #Crypto
#MoneySavings
#MSTR
#Nuclear
#oil
#passphrase
#payments
#piecover
#RESP
#retire on bitcoin
#retirement
#Russia
#sanctions
#savings
#seed phrase
#sendingmoney
#social security
#transferingbitcoin
#trezor
#trump
#tyrans
#USA
#war
#whatisbitcoin
#xrp
21 million bitcoin
401k
accepting bitcoin payments
africa bitcoin
ai
bank loan
bank money transfer
banks
beacon of hope
bear market
best return on investment
Bitcoin
bitcoin 21 million limit
Bitcoin and real estate
Bitcoin ATM
Bitcoin Basic understanding
bitcoin beginners guide
bitcoin bull run
bitcoin button
bitcoin cold storage
bitcoin day
bitcoin education
bitcoin education savings plan
Bitcoin Emission
bitcoin energy
bitcoin energy transfer
Bitcoin Energy Use
bitcoin etf
Bitcoin exchange
Bitcoin Explained
bitcoin flared gas mining
bitcoin for businesses
bitcoin for the people
bitcoin gadget
bitcoin game theory
bitcoin gift
bitcoin halving
Bitcoin hardware wallet
BItcoin in Russia
Bitcoin investing
bitcoin investment
Bitcoin iq test
bitcoin is for everyone
Bitcoin Key management
bitcoin keys
bitcoin lifeboat
bitcoin mempool
Bitcoin miner setup
Bitcoin miners
Bitcoin mining
bitcoin mining energy
bitcoin mining pool setup
bitcoin mining setup
bitcoin mistakes
Bitcoin Node
bitcoin node setup
Bitcoin not crypto
bitcoin number go up
bitcoin off exchange
Bitcoin on Flared Gas
Bitcoin On the environment
bitcoin over real estate
Bitcoin payments
bitcoin potential top
bitcoin prediction
bitcoin price
bitcoin price rise
bitcoin private key
bitcoin reurns
bitcoin saving
bitcoin self custody
bitcoin self-custody
bitcoin server
bitcoin strategic reserve
bitcoin strategic reserve asset
bitcoin support
bitcoin time
Bitcoin transaction
Bitcoin transaction fees
bitcoin understanding
bitcoin university
bitcoin value
bitcoin vs crypto
bitcoin vs gold
bitcoin vs real estate
bitcoin wallet
Bitcoin Wallet conection
bitcoin white paper
bitrefill
Blackrock
blackrock bitcoin ETF
Blackrock ETF
blink
blink wallet
btc
btcpay server
BTM
building wealth
bull market
buy bitcoin
Buy bitcoin on a ATM
buy bitcoin online
buy house with bitcoin
buying bitcoin
cancel transactions
cash
cbdc
central bank
Central bank Digital currency
central banks
christmas gift
climat
CO2
cold wallet
coldcard
compound return
compounding growth
connect ledger wallet
consolidating UTXO
control
CPFP
creating an at ln address
crypto
Crypto winter
cryptocurrency
currency debasement
dca btc
debt
debt slavery
debt trap
Defi/Cefi
dogecoin
dollars
Donate
donate bitcoin
email money
email transfer bitcoin
Energy Use
ETF
family
fear
fed
fed rate hike
feudalism
fiat
fiat currencies
fiat life
fiat money
fiat money printing
fiat overlords
fiat rat race
Fidelity ETF
Flared Gas
food rationing
Fossil fuel
fractional reserve
freactional reserve banking
freedom
ftx
Gas Venting
get lightning
get paid in bitcoin
gold
Gold ETF
good morning
government
greed
hard money
help freinds with bitcoin
help people understand bitcoin
home heating with bitcoin miner
home ownership
hopelessness
hot wallet
house prices
how bitcoin lift people up
how explaining bitcoin
how get paid bitcoin
how to
how to avoid crypto scams
how to bitcoin
how to buy bitcoin
how to buy bitcoin for education plan
how to buy bitcoin in your education savings plan
how to connect your ledger wallet
how to hedge
how to hedge against inflation
how to invest
how to live on bitcoin
how to manage your bitcoin
how to multisig
how to receive bitcoin
how to receive bitcoin donation on your blog
how to receive sats
how to retire on bitcoin
how to run your bitcoin node
how to run your own lightning node
How to save for a house in bitcoin
how to save on bitcoin fees. bitcoin fess
how to send bitcoin
how to setup your own lightning node
how to stack sats
how to teach bitcoin
How to use Bitcoin ATM
human greed
hyperinflation
inflation
inflation hedge
information
invest in bitcoin
investing
investing in bitcoin
jan 3rd
joy
kids
kyc free bitcoin
learning bitcoin
ledger
ledger wallet
life
lightning address
lightning network
lightning node
lightning node setup
lightsats
liquid network
live on bitcoin
living life
long term thinking
market down fall
memecoin
memecoins
miners
Mining Energy
mining pool
money
money printing
money technology
money transfer
mornings bitcoin
multi-sig wallet
node
node setup
not your keys not your coins
ocean mining
orangepill
passive income
pay bills with bitcoin
pension
peppe
Peter shiff bitcoin critic
peter shiff on bitcoin
phoenix wallet
piecover
price chart
proof of work
rat wheel
RBF
real estate
real estate investing
rental property
retire
retire on bitcoin
retirement crisis
retirement plan
Robosats
s19 miner
s9 miner
sat
satoshi
sats
save bitcoin for kids education
save in Bitcoin
save on bitcoin
save on fees
save with bitcoin for a house
saving
savings technology
scam
second home
send bitcoin on email
send sat on email
sending sats on lightning
share bitcoin
shiba inu
short term thinking
shortermist
silver
sound money
sparrow wallet
stablecoin
stack sats
stay humble
streaming Sats
study bitcoin
support piecover.com
take your bitcoin off exchanges
teaching bitcoin
tether
the halving
The Matrix
time
Time preference
Timechain Codex
ToxicTalk
tradefi
transaction fees
trending
trezor
Trezor Wallet
UK
unstuck your bitcoin transaction
US bitcoin ETF
us dollar
usd inflation
Value for Value
value saving
value4value
venezuela inflation
wallet of satoshi
wallet setup
walletofsatoshi
war
what is Bitcoin
who is bitcoin for
who use bitcoin
why bitcoin
work
xrp
zap
zaprite

Show more Show less