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RE: It is So Easy to Live and Operate Using Bitcoin in Panama Thanks to the Ease of Purchase.

in #bitcoin7 years ago

Hi Randy, a great and motivational post. I just started with crypto currency and love to learn more from you.

For a newbie. What is the most important thing to do first?

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You are in the right place. For people who are social media savvy then Steemit is the gateway to Crypto. You can earn Steem here and if you would like exchange it for Bitcoin. If you want to speed up the process then head down to a local Bitcoin ATM and buy a few hundred Euros worth. You could use Local Bitcoins to transact privately or by deposit in a bank account. You can also get a Wirex Mastercard which allows you to purchase and sell Bitcoin.

Thanks a lot Randy. The first steps with something new like Bitcoin are always a different feeling and it needs - at least for me - a full understanding of what's going on.

Steemit is the gateway to crypto! I've been getting in deeper and deeper and am so intrigued. Thanks for help early on @hilarski! You provided some great introductory materials and advice. Now I'm reading "The Denationalisation of Money," by FA Hayek, 1974 Nobel Laureate in Economics. Check out this quote from him:

"As soon as the public became familiar with the new possibilities, any deviations from the straight path of providing an honest money would at once lead to the rapid displacement of the offending currency by others.

So exciting to see this idea swelling right now, 40 years on. What a ride! Been consuming more content that I generate lately, but be sure I'm spreading ideas in other ways. Cheers everyone!

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