How To Save On Bitcoin Transaction Fees
Der Gigi: Bitcoin is Money Plus Energy Plus Time Plus Information #Bitcoin @dergigi
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How To Give The Christmas Gift That Will Never Stop Giving
Money that loses value overtime like fiat currencies cannot possibly make you happy but money that gains value overtime could probably make your friends or family happy. This Christmas season we are going to think outside the bank to give them the gift that will never stop making them smiling, Sats aka bitcoin.
Basically, Sat is like the penny(¢ cent) of bitcoin a fraction of it, like 100millionth of a bitcoin, but its value still goes up overtime alongside bitcoin. So now we want to give a Christmas gift to a friend who want it to maintain or even increase in value overtime. Here is how we can do that
First of all we are going to use this website called lightsats.com click on create your first gift, it will ask you to login you can use your email or your bitcoin-lightning wallet for that like walletofsatoshi. Assuming you're already logged-in let's go to "create first gift". Simply chose the amount and then go down to "advanced options", leave it at the "standard option" and then click on "generate passphrase" this will make you 3 secret words that the recipient will need to redeem the money. And that should be it, congratulations! Now you just gave the gift that will never stop giving.
The redeeming process is as simple, they just need to download a lightning wallet I suggest WalletOfSatoshi because of less friction and very easy to use.
I Hope you found value into this, thank you for reading!
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Please feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover.
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HOW TO GET PAID IN BITCOIN BY JUST ADDING A PAYMENT BOTTON TO YOUR BLOG/WEBSITE: AN EASY 15MIN. STEP BY STEP GUIDE
HERE ARE THE LINKS YOU WILL NEED:
1. Go To Payment Widgets TO Get started: https://widgets.twentyuno.net/ 2. To Get A Lightning Address, LNURL(for keysend payments): https://getalby.com/ 3. To Get Emojis(Optional): https://emojipedia.orgPlease feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover.
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The Money Super Highway Moving At The Speed Of Light To Become The Predominant Payment And Energy Network In The World
Bitcoin Not Crypto And Why It's Important To Make That Distinction
Need to support my work? Sure, If you found value in this please feel free to support me by lightning tip few sats to: piecover@getalby.com or go to bitcoin-lightning tip me few Sats
Mornings! Good Bitcoin Morning
Good morning everyone! I usually talk about Bitcoin(the money) on this blog[piecover.com] but today is an unusual day where my work called me and ask me to stay home due to bad weather and job cancellations so I decided to bring a deferent vibe today. So I decided to talk about "mornings' today. Some mornings are beautiful on an observers perspectives like me because they are a reset on the brain and the beginning of a brand-new day, that's why we often say Good morning to everyone we interact with in the morning, this is an automatic way to salute but also serves as a positive vibe spreader. In Haiti there is a saying "Pi bonè se granm maten" translated to "The earliest you have to do something is in the morning", I often think about this when I want to get something done specially in todays fiat world we live in where everything is moving so fast to insure the rich get richer and the poor get poorer, I talked more about this in A world full of crazy rats working for fiat overlords, I am surprised I am still writing this and it's not already time to go to bed and get ready for work tomorrow. But thanks to Bitcoin I can now take my time to appreciate and degustate the beauty of the mornings, because Bitcoin allows me to lower my time preference in level that's low enough so I can see beyond the darkness of this world of wars, viruses, propagandas funded by fiat money printing. Speaking of darkness(Night) the thing that precedes Mornings, it's important to appreciate that too because even if we want to characterize it as the hard/bad times but there is lessons to be learned there for example there is another Haitian saying "Lè li fè pi nwa se lè sa li pral kòmanse fè jou" meaning "When it's the darkest that's when the morning will starts appearing". Now I would like to illustrate the current fiat world of deep darkness to the beautiful Bitcoin morning arising, it feels like midnight now, we are still far away from the Bitcoin morning lights but it keeps shining in places where it is(El Salvador) with full of energy, brightness, warmth, joy, excitements, etc. You are welcome to come to Bitcoin now where it shines the most by simply converting some of your time, savings and energy to it, bring your family and your friends with you and have a
Good Bitcoin Morning!
Pie
Need to support my work? Sure, If you found value in this please feel free to support me by lightning tip few sats to: piecover@getalby.com or go to bitcoin-lightning tip me few Sats
HOW TO UNSTUCK YOUR UNCONFIRMED BITCOIN TRANSACTION
In case you find yourself losing sleep over your bitcoin transaction that's stuck for days in the mempool due to either a high fee rate environment or other circumstances, here are two practically easy things you can do to solve your problem
1. Replace by fee(rbf), if you are the sender,
2. Child pay for parent(cpfp), if you are the receiv
To use number one: replace by fee(rbf), you simply need to go on the transaction and replace it using the bomp the fee feature(in some wallets), make sure the new fee is higher this time so miners can be willing to process the transaction faster for you. but what if your wallet software does not support rbf? this is where the second solution comes in, cpfp(child pay for paren
To use cpfp, you need to be the receiver of the tx. the step is also simple just send the unconfirmed amount that is stuck to an address you the receiver fully control with a higher fee rate that miners will be willing to confirm the first stuck transaction and then confirm the second you are about to create. reason being is miners cannot confirm the fresh(second) tx without confirming the previous one(fisrt), so if the second tx's fee is that attractive to miners they cannot resist other than process both transactions to get the sat
I hope this saved you some spleep! feel free to zap me sats at getalby@piecover.com ! :)s.t)eror:
WHY BUY BITCOIN INSTEAD OF A SECOND HOUSE?
WHY BUY BITCOIN INSTEAD OF A SECOND HOUSE? THE MORAL AND ECONOMICAL CASE FOR BITCOIN OVER A SECOND HOUSE
FIRST OF ALL, A HOUSE IS AN ILLUSION OF WEALTH BUT NOT TRUE WEALTH IT'S A BAD VEHICLE TO STORE WEALTH SINCE IT WAS NEVER MAENT TO BE USED AS MONEY BUT A UTILITY OBJECT, PEOPLE ONLY USE IT TO STORE THEIR WEALTH IN PLACES WHERE THE MONEY IS BROKEN, BUT NOW WE HAVE PERFECT MONEY(BITCOIN) THERE IS ALMOST NO NEED TO SAVE IN HOUSES THEREFORE NO MORE DRIVING HOME PRICES HIGHER TO PRICE OUT LESS PRIVILEGED PEOPLE WHO ARE IN NEED OF A PLACE TO LIVE.
INSTEAD OF SAVING IN A BANK FOR A DOWNPAYMENT TO BUY A HOME THAT WILL PROBABLY DOUBLE IN PRICE(IN DOLLAR TERM) BY THE TIME YOU REACH YOUR PERCENTAGE GOAL(20%), YOU CAN SIMPLY SAVE THE MONEY IN BITCOIN WHERE YOU CAN REALLY BUILD TRUE WEALTH THAT WILL LAST AND APPRECIATE IN VALUE FOREVER.
CONVERTING YOUR HARD EARNED MONEY TO A HOUSE YOU MAY NEVER OWN IS A NET NEGATIVE FOR YOUR FAMILY AND YOUR FUTURE AND MOST IMPORTANTLY BECAUSE THE REAL VALUE OF THE HOUSE DECREASE OVERTIME THEREFORE IT NEEDS MORE MONEY AND WORKS TO MAINTAIN A LIVABLE STATE.
THE BENEFITS OF OWNING BITCOIN OVER A HOME ARE: YOU CAN SELL THE BITCOIN ANYTIME YOU NEED IT(IT'S LIQUID GLOBALLY), IT'S BORDERLESS ie YOU CAN TAKE IT WITH YOU ANYWHERE(BECAUSE IT CAN BE IN YOUR MIND), ALMOST MAINTENANCE-FREE, YOU CAN CALL THE SAVINGS IN BITCOIN YOURS THE MOMENT YOU START AQUIRE IT IN CONTRAST TO A HOUSE YOU CANNOT CALL THE HOUSE YOURS TILL YOU'RE DONE PAYING IT IN FULL WHICH IS ALMOST AN UNATTAINABLE GOAL FOR MOST PEOPLE. YOU SEE, THE MOST VALUABLE THING IN LIFE IS YOUR TIME AND YOUR ENERGY, WHEN YOU WORK YOU ARE TRADING THEM FOR MONEY BUT THE MONEY IS BROKEN BECAUSE IT'S LOSING IT'S VALUE OVERTIME AS FAST AS THEY ARE PRINTING THEM. BITCOIN IS HARD MONEY BECAUSE NO ONE CAN CREATE MORE OF IT AND IT IS LIMITED IN TIME ONLY 21MILLION BITCOINS TO EVER BE CREATED. THAT'S WHY YOUR SAVINGS IN BITCOIN DO NOT DEGRADE IN VALUE OVERTIME BUT UPGRADE IN VALUE.
IN CONCLUSION, MY HOPE IS THAT MORE PEOPLE REALIZE THE POTENTIAL AND BENEFITS OF HAVING BITCOIN IN THEIR SAVINGS PORTFOLIO INSTEAD OF A SECOND HOUSE TO PROTECT THEIR WEALTH, SO THAT HOUSES CAN GO BACK TO THEIR UTILITY VALUE ONLY AND BITCOIN CAN BE USED AS THE SAVINGS TECHNOLOGY, BECAUSE THE PRICE OF BITCOIN GOING UP CANNOT PREVENT PEOPLE FROM HAVING A ROOF OVER THEIR HEAD BUT THE HOUSE PRICES GOING UP DOES.
THIS IS HOW MUCH Buying $100 of Bitcoin every week for
9 years starting 9 years ago would have turned $47,000
into $889,150 (+1,791%) HERE AT DCABTC.COM
The Podcast Version, Join me on my way to work talking about that
If you find value in this please feel free to support me by lightning tip few sats to: piecover@getalby.com or go to bitcoin-lightning tip me few Sats
HOW TO BUILD WEALTH FOR THE FIRST TIME?
PLEASE SUPPORT MY WORK WITH BITCOIN, VALUE4VALUE APRECIATION: getalby.com/p/piecover or use LNURL: piecover@getalby.com
FOLLOW ON NOSTR: npub1442cldwt7575fuqtrae7hwtkeelyedp9k6eh8xjqj6728sln2k5q0a09ae
NOSTR: npub1442cldwt7575fuqtrae7hwtkeelyedp9k6eh8xjqj6728sln2k5q0a09ae
#savings #Buildwealth #bitcoin #wealth #fiat #bitcoinmining #btc #citadel #inflation #saving
#bitcoin #proofofwork #bitcoinmining #blackrock
BLACKROCK WILL HAVE TO SHOW THE PROOF OF WORK FOR FIRST TIME
NOSTR: npub1442cldwt7575fuqtrae7hwtkeelyedp9k6eh8xjqj6728sln2k5q0a09ae
#savings #TOXICTALK #bitcoin #crypto #fiat #bitcoinmining #btc #citadel #inflation #savings
#bitcoin #proofofwork #bitcoinmining #blackrock
THE VALUE SAVING TECHNOLOGY - BITCOIN #TOXICTALK
How To Partially Live On Bitcoin: An Easy Roundabout Way
The other day I got pumped after buying $2 of phone minutes using Bitcoin-lightning for a friend in Brazil on this amazing website called bitrefill.com where it only costed me 7967Sats and 0 fee. [I want to mention that I am not being paid for commission by Bitrefill nor any other apps and services, but I give you a chance to support me using a lightning address somewhere here on this blog.]
Now, this transaction got me thinking deep about getting myself and friends ready to start living on Bitcoin where we can pay for goods or some services using Bitcoin(Sats) and the lightning network.
I am already used to pay my friends in Bitcoin(Sats) and some of them seems to be getting it now, they are willing to hodl for the long run. But I also would like to make sure that they know they can use their bitcoin(Sats) in case of an emergency.
My experience with Bitrefill so far is amazing, it gives you the opportunity to buy gift cards with your Sats(bitcoins) to purchase real stuff online on: amazon, ebay, phone refill, gaming, travel, etc. Or in your local community such as: walmart, grocery stores, pizzas, gas stations, cloths stores, coffee shops, home hardwares, etc. I think we need way more of these types of services like the one offered by Bitrefill. I am sure they are already few of these services out there already serving you as well such as coincards.com, bolt card, etc. Please share more of them with me below if you like.
In conclusion, I am not advocating to overspend your Sats right now in stuff you don't need today so you can buy them Sats back in higher price later but, keep accumulating your Sats if this is what you want to do right now and wait to enjoy them Sats later when you are not able to make the same amount of money or simply when you are in need. My purpose in this post was to simply help the people who are looking for the option to spend their bitcoin(Sats) to find an easy roundabout way to do so.
Find yourself in a lost world of lies and fakeness "from a bitcoin pleb perspective"
<Picture from Motionographer>
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Please feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover.
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Please feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover.
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Please feel free to support Piecover by lightning tip few sats to: piecover@getalby.com or simply go to Support Piecover.
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