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RE: STELLABELLE'S BITCOIN SCHOOL: First Class is Saturday, July 29, 3 pm 4334 Troost KC, MO

in #bitcoin7 years ago

Awesomeness!!
So your friend wants to teach financial independence? Definitely something that is required in this word!!!
Looking froward to the Q&A's!!
Quick q - any specific reason you using BitPay as your wallet? If I'm not mistaken - you don't hold the private keys on BitPay (me and my paranoia...)

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Only use Bitpay as a fiat gateway. As the classes progress, we will cover hardware wallets like Trezor. The BitPay is only used as a way to get Bitcoin converted to US dollars, as a subsititute for Coinbase, which I never want to use again.
These are baby steps! Most of the people will have never done a Bitcoin trx, ever in their lives!
I only use Bitpay when I want it converted to dollars. I don't store it in the wallet.
What debit fiat card would you recommend? I have used Bitpay and am happy with their service.

Just curious about never wanting to use Coinbase again? It seems people either love it or hate it, and I can say from first hand experience it's frustrating when they are down during peak volatility times...is that the reason? Besides that, it seems pretty solid to me (besides getting verified a HUUUGE pain in the you know what).

Ah!! I see, I guess that's good for transferring to and from fiat currency.
I use an exchange Luno here in South Africa for exchanging to and from fiat currency.
I personally have not used a debit card as yet but am "hoping" that Monaco eventually gets their card launched...
As far as wallets are concerned - I like bitWallet on my iPhone (got a lot of features for the more advanced user and also shows you your private keys). And then I use proper paper wallets (with BIP38 encrypted private keys) stored in multiple locations for any large amounts :)

And I see BitPay just added Coinbase integration - oops :(

About my friend, she is a visionary. And she, like me, works on many different things at once. Her real estate business is booming, and she's finally got enough income to expand her visions into other areas. She was a trainer also....and many other things...

Wow! Sounds awesome!! Great to see people out there that have such amazing minds and brilliant ideas!!!
I really do wish her the best :)