Print your own money & make your mama proud! (part 2)steemCreated with Sketch.

in #thealliance7 years ago (edited)

Be your own bank already...Sheesh!

There was some interest in "paper wallets" in the comments of part 1, so i wanted to follow up and show this process.

At first, everything related to bitcoin is complicated, difficult to understand, and hard to work with. I like to say that: it's a steep learning curve, but it gets easy fast. And lemme' tell you, it's worth your while to pay attention now. A little bit of facility and a small investment into your own reserve currency could yield many and fabulous returns going forward.

So here it is, a quick start guide to printing your own money:

Get on your gonkulator and go here:

IMG_2900.JPG

It should look like this

IMG_2901.JPG

See all those RANDOM green dots on the screen? Grab your mouse and shake it all around -- you'll see the percent counter going up and the program working... once you hit 100% your ready to roll. You should see this:

IMG_2902.JPG

Now you can print this "wallet" off and use it as is, but this one is more like a demo wallet for clarity (public key on the left -- and PRIVATE key on the right). Click over to 'paper wallet' on screen and you should see this:

IMG_2904.JPG

Now go and print that motherfucker!

IMG_2905.JPG

IMG_2912.JPG
Now get out some scissors...

How much ink & paper do you have? Print a whole stack of 'em!!!

IMG_2910.JPG

FA'HOCKING COOL HUH!!!?

The idea with making a stack of paper wallets is that you can load them with small amounts of btc, say 0.02 or about $100, or if yer a roller anywhere from 0.1 to say 1 bitcoin on each wallet. This way, when you wanna' call up some loot from your stash you don't have to "open" your whole stash. You just tx a bill to your phone app and go hog wild!

So let's examine a test case. Let's say @raybrockman wanted to start accepting btc for his awesome Steemit decals. All he'd have to do is print off a paper wallet and show the public key to his customer -- something like this:

IMG_2911.JPG

Notice how the private key is covered? I would advise not ever taking pictures of your private keys on any smart device -- but polaroid the hell out of 'em if you want extra backup. (Note: all uncovered bills shown were destroyed.)

[By the way, Ray's decals are really cool. Well made and thick! These decals also have some kind of super adhesive on the back of 'em. I highly recommend getting in touch with @raybrockman and picking up at least one of these -- get the message out about Steemit, it'll only benefit YOU going forward!]

So, now Ray's customer sends the btc to the PUBLIC key, Ray checks the address on blockchain.info to make sure the money is there and then he sends the decal. Now Ray has a paper wallet with some btc on it. He can write down in ink, right on the bill, the date -- the $ value -- and the btc value. Then he tucks that bill away and get's busy with his next order. Anytime he wants, he just has to scan private key (of any loaded bill) with his phone app and "import" the wallet, and, Splish! Splash! Slide! He's got bitcoin on his phone ready to be spent on silver or gold -- or hell! He could even "buy" some dollars with it -- but who the fuck wants dollars anymore?

I hope this helps! By all means spend some time on the site and see what it has to offer -- it's all free!

[Paranoid Pro Tip:]
If you think you've got malware, or a 3 letter agency is slinking around in the foliage, you can do this: download bitaddress site to your browser, turn off your router/wi fi etc, go and generate a few wallets to get super random, print them on a (dumb) hardwired printer that doesn't have wifi/bluetooth/etc. Go ahead and print a bunch! Now, delete program from your computer and turn on your internet again -- these wallets are secure as fuck! The blockchain has never seen the private keys and nobody, no where, no how, can crack 'em. Personally, i think this is overkill, but it's an option i would be remiss not to have mentioned.

So there you go my friends. I just offered you a way to take control of your own savings. You are now outside of the Banksters controls and you can do WHATEVERTHEFUCKYOUWANT, WHENEVERTHEFUCKYOUWANT!

I tip my hat to #thealliance -- thanks friends!
IMG_2647.PNG

Keep posting pics of your silver&gold here -- 'cause that's awesome too!
IMG_2546.PNG

And come on by and checkout our Beavers & Maple Syrup & a million other good things here. We won't bite 😃🇨🇦

IMG_2694.PNG

Cheers! from @thedamus

Sort:  

Check my last post player. Big things poppin!

Yeah they are!

😎👉🇨🇦

Excellent step-by-step instructions!

Stack 'em up sir!

This is an awesome post. It helped explain quite a few things to me. Thanks.

You bet'cha goldkey!

HELL YEAH, I CAN PRINT MONEY.

I can do this. Thanks for the demo I will let you know how it goes. Thanks for the shout out to my friend.

I figured you'd like this one bro ;)

Wish I could double upvote this post. I love this concept and the possibilities it brings. If enough of us start doing this and if enough retailers(local shops and not though big high street thief's.) accept them, then BOOM!! We have our own non-bank backed currency. No interest to be paid back, just print and go. #nostoppingusnow

Thanks @welshstacker! Yeah, when the math and the possibilities reveal themselves it's quite the ecstatic moment!
Cheers!

Great step by step layout, even I can print money now!

Get down on it!

This post has been resteemed by @msp-canada courtesy of @goldenarms from the Minnow Support Project ( @minnowsupport ). Join us in Discord.

Upvoting this comment will help support @minnowsupport.

Cool! Thanks!!!

wow, I like the step by step instruction as you laid them out, appreciate the help !!!!

My pleasure Thunder!

Sweet! A how to paper wallet for dummies (aka LesV)
Thx for the tutorial.

You can do it man!

That's a great idea and step by step explanation.

Cheers P! Print your own stack!!!

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 58171.46
ETH 2472.55
USDT 1.00
SBD 2.42