<p>Bitcoin is becoming more popular (and valuable) by the day. Recently, we’ve been talking to people of all stripes about getting started on their bitcoin journey. Most often, new bitcoin converts want to know what mobile apps we recommend to help them manage their bitcoin. The mobile bitcoin wallet we’re asked about most—and most recommend for new users—is <a href="https://breadapp.com/">Bread</a> (previously known as Breadwallet, available for <a href="https://itunes.apple.com/app/breadwallet/id885251393">iOS</a> and <a href="https://play.google.com/store/apps/details?id=com.breadwallet">Android</a>).</p><p>Bread is a super simple wallet with an excellent, user-friendly interface and is dedicated to maintaining the highest security. There are lots of great mobile wallets out there, and many have additional features that Bread doesn’t offer, but few can match the easy-to-use design of Bread. Bread makes it easy to buy, send, and receive bitcoin, and doesn’t distract you with the swiss-army-knife approach that makes others a pain to use.</p><h2>Getting Started</h2><p>The app does a great job of walking you through the startup process, so we don’t need to spend much time here. When you first open the app, it will simply ask you to choose a 6-digit PIN that you will use to access your wallet. And, in case you ever forget your PIN or lose access to the app, it gives you a 12-word ‘paper key’ to write down &amp; keep in a safe place.</p><p>Now, you’re ready to fill your wallet with bitcoin. If you already have bitcoin stored in another wallet, Bread offers two convenient “Import Wallet” functions. To import a private key via QR code, select Menu, then Settings, then Import Wallet. The app will then open your camera, ready to scan in the code and import the bitcoin into your Bread wallet.</p><p>If you want to import another Bread wallet, use the “Start/Recover Another Wallet” process. From the app home screen, simply tap Menu, then Settings, then Start/Recover Another Wallet. Then, you’ll simply need to enter the twelve-word Paper Key, followed by the target wallet’s Paper Key. This process will replace the active wallet, but it can be easily recovered later using the same process.</p><p>If you don’t have any bitcoin waiting to be transferred to your new wallet, Bread also makes it easy to buy bitcoin right from the app. To get started, tap Menu, then Buy Bitcoin. The app will then use your location to help you find places nearby where you can exchange cash for bitcoin. Or, if there are no <a href="http://alphabtc.com/kiosks/">bitcoin ATMs</a> nearby, you can connect your wallet with your bank account to make purchases via <a href="https://www.glidera.io/">Glidera</a>.</p><h2>Moving Bitcoin</h2><p>As you might have gathered by now, moving your bitcoin with Bread couldn’t be any easier. The Send and Receive functions are accessible right from the app’s home screen under your account total &amp; transaction history.</p><p>To send money, all you need is the bitcoin address of the wallet you want to transfer bitcoin to; this can be in the form of a QR code or a text string. When you’re ready to go, just tap Send. Next, you’ll enter the address by typing it out, pasting it from an email or text message, or scanning the QR code. Now, enter the amount you’d like to send (you can choose whether to enter a bitcoin or dollar amount), write a short note if you’d like to remember what the transaction was for, and tap the Send button. Boom! Your first bitcoin payment.</p><p>Receiving bitcoin in the Bread app is pretty similar, just in reverse! When you tap Receive on the app’s home screen, a unique bitcoin address will appear, accompanied with a QR code.You can choose to share the address &amp; QR code via email or text, read it out the old-fashion way, or simply let the sender scan your QR code with their own mobile app. For convenience, you can also specify the amount requested. That amount will be contained in the QR code, and will appear in the sender’s form.</p><h2>Conclusion</h2><p>And that’s it! As mind-boggling as bitcoin can seem, Bread makes managing your new digital currency as easy as possible. Of course, as you become more bitcoin-savvy you will probably want to try different clients to manage your investments. At that point, you’ll want a wallet with more options such as support for cold storage and multiple cryptocurrencies (which Bread plans to offer soon). But, we’ve found Bread’s interface to be just what the doctor ordered for first-time and casual bitcoin users. Give it a try, and let us know what you think on <a href="https://twitter.com/alphaBTC">Twitter</a>, <a href="http://www.facebook.com/498398777173925">Facebook</a>, or <a href="https://www.linkedin.com/company/3555120/">LinkedIn</a>.</p>

<p><strong>Did you receive a ‘receipt’ (a.k.a. paper wallet), after a bitcoin ATM/kiosk purchase or as a gift? If you’re new to cryptocurrency, you may not be sure what to do with this bitcoin-branded slip of paper. While paper wallets are a very secure way to store your cryptocurrency, you will at some point want to access those coins. Thankfully, while the process may not be particularly intuitive, it is simple to execute.</strong></p><p><strong>So You’ve Got A Paper Wallet… But What Is It?</strong></p><p><strong>The most common way to obtain a paper wallet is by purchasing bitcoin, litecoin, or another cryptocurrency at a<a href="https://alphabtc.com/kiosks/"> bitcoin kiosk</a>. Of course, no bitcoin is actually ‘stored’ in this wallet, but it contains all of the information you’ll need to view, send, and receive digital currency to and from the associated digital wallet on the blockchain.</strong></p><p><strong>A paper wallet will display two key pieces of information: a private key and a public address. The private key is a 64-character alphanumeric (letters A-F and numbers 1-9) code that defines the ‘location’ of your wallet on the blockchain. As this is the key you use to send bitcoin from the wallet, it is extremely important that you keep it secure and secret. Anyone that knows your private key can use it is used when adding bitcoin to the wallet.</strong></p><p><strong>The public key is a shorter code that allows others to send bitcoin to your wallet. As receiving bitcoin is never a bad thing, you can feel free to share this address with others.</strong></p><p><strong>Most paper wallets also include scannable QR codes that represent your public address and private key, making it much easier to transfer coin to and from your wallet.</strong></p><p><strong>How To Send Bitcoin From A Paper Wallet To A Mobile Digital Wallet?</strong></p><p><strong>Paper wallets are well-suited for long-term bitcoin<a href="https://finance.yahoo.com/news/bitcoin-buyers-must-practice-cold-storage-security-192843363.html"> cold storage</a> but are not secure or convenient enough for regular use. For everyday use and account monitoring, you’ll want to transfer bitcoin to a digital mobile wallet. By now, you should have a pretty good idea how a paper wallet works. But, it takes two to tango. Now, let’s look at how the process works within the app.</strong></p><p><strong>There are a lot of mobile digital wallets to choose from, so specific steps can vary. Generally, the function will be called “import,” “redeem,” or something similar. Once you find the function, you’ll either enter your paper wallet’s private key or scan the associated QR code. The app may also ask you to select the amount to transfer. Ideally, paper wallets are single-use, so we advise transferring the full amount ‘stored’ on the paper wallet.</strong></p><p><strong>Because each app is different, we’ll take for example the steps within<a href="https://alphabtc.com/blog/2017/11/29/how-to-use-the-bread-bitcoin-wallet-app"> BRD</a> and<a href="http://mycelium.com/"> Mycelium</a>, two very popular mobile wallet apps, that demonstrate two very different methods.</strong></p><p><strong>For many apps, the process begins on the home screen. Mycelium is one such app, but the function is rather unusually titled “cold storage.” Follow these steps to import the contents of your paper wallet into Mycelium:</strong></p><ol><li><p><strong>Tap 'Cold storage'</strong></p></li><li><p><strong>Use the keyboard to enter the private key or select 'QR code' to scan it in</strong></p></li><li><p><strong>Select an address within your wallet as the destination address</strong></p></li><li><p><strong>Specify the amount to transfer (we recommend you transfer the full amount)</strong></p></li></ol><p><strong>BRD is an example of an app that hides its import function in the settings menu. To import the contents of a paper wallet into your BRD wallet, follow the steps from the<a href="https://breadapp.com/support/articles/import-wallet/"> app’s website</a>:</strong></p><ol><li><p><strong>Tap on Settings.</strong></p></li><li><p><strong>Under Currency Settings, tap on Bitcoin.</strong></p></li><li><p><strong>Select Redeem Private Key.</strong></p></li><li><p><strong>Tap on Scan Private Key and scan the QR code on your paper wallet.</strong></p><ol><li><p><strong>Note: Any funds stored on the paper wallet/private key will be sent into your BRD wallet and will not remain on the paper wallet/private key.</strong></p></li></ol></li></ol><p><strong>That’s it! Your bitcoin will now be connected to your mobile wallet. And, if you chose to transfer the full amount associated with the paper wallet, you can discard it once the transaction has been verified by the blockchain.</strong></p><p><strong>Have any questions? <a href="https://alphabtc.com/contact-us/">Reach out</a> to let us know how we can help</strong></p>

<h2>The Thesis is Simple</h2><ul data-rte-list="default"><li><p class="">$USD (US Dollar) is a broken measuring stick failing to measure the most important asset we have, <strong>TIME.</strong></p></li><li><p class="">We are within the event horizon for <strong><em>hyperbitcoinization</em></strong>, and have crossed the point of no return.</p></li><li><p class=""><strong>“MONEY”</strong> as we know it is in the midst of a massive UPGRADE.</p></li><li><p class="">See chart below… “Central Banks Printing” may not be an issue CURRENTLY, but eventually this WILL catch up to us. </p></li></ul><p class="">TOO LONG DON’T READ : BUY BITCOIN</p>






















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<h2>1. What is Money?</h2><p class="">Money is simply a tool, a tool that is meant to represent our Time. If you work 40 hours a week, the money you earn is a representation of those 40 hours. “Money enables us to take what we have and trade it for what we need. Money at its fundamental level, is a gift from God.<strong> </strong>a Primary tool for human collaboration, a unique tool for the flourishing of a civilization.” TGFB</p><p class=""><strong><em>Because the money is broken we are underestimating the value of our TIME.</em></strong></p>






















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<p class="">in $USD the S&amp;P500 is at ALL TIME HIGHS!!!! yeah if ur using a broken measuring stick.</p><p class="">Price that same S&amp;P500 against the FED’s balance sheet… and we get a completely different story … Price the same S&amp;P500 against gold… and we topped out 20 years ago and have been trending down ever since.</p><p class="">Stocks are NOT at all time high (ATH) or “worth more”… you just need MORE DOLLARS to purchase that same unit…</p><p class="">A reason many of us have a hard time grasping bitcoin when first learning about it is because we don’t even understand or realize the implications that Money has in society or one’s environment.</p><p class="">Why do we even need money? At its core, money is just a way to store value, engage in trade, and explore preferences. A tool to make economic decisions.</p><p class="">We need a Good or “Sound” Money because it provides a stable bedrock for which human interactions can be built on top of. Without a stable foundation, we cannot make Sound decisions. If new RULES can be introduced at any moment without you or I’s input, then we are setup to lose with a shifting foundation. Our current system is built on sand with a shaky foundation.Since money is tied to almost every human interaction IT IS IMPERATIVE that the measuring stick we are using is as accurate as possible. Like many Bitcoiners, I would argue that the dollar as a measuring stick is slowly beginning to become an unreliable source. We are pushing the Limits of our Debt Society. </p><p class="">Now this doesn’t mean all markets go to 0 tomorrow!</p><p class="">But this does mean the Shift is UPON US. It is happening as we speak. Every asset on earth is slowly being repriced in Bitcoin terms.</p><p class=""><strong>Price the S&amp;P500 against BITCOIN….. and its down 99% since bitcoin’s inception…</strong></p><h2>2. Our money The Dollar, is Broken</h2><p class="">It is just simply not accurately representing the true value of the PEOPLE.</p><p class=""><strong><em>Because the money is broken we are underestimating the value of our TIME.</em></strong></p><p class="">Because the money is broken we are selling ourselves short and not reaching our full potential of our labor.</p><p class="">Because the money is broken we languish under the false pretense we can get ahead, while the system is rigged against the common man.</p><p class="">The dollar is a broken measuring stick because instead of holding its value 1 to 1, over time the value is subject to debase. Over time the “purchasing power” of 1 US dollar becomes less and less. now its not an issue day to day, but year to year, decade to decade, that purchasing power becomes FAR less than when we originally worked to earn it . So now we have to work x% more just to earn the same amount of “dollars”. Working harder to purchase less. Add on top of this the money printing, and now we are extorting human society for the benefit of the few. Inflation is outright THEFT. They are STEALING OUR TIME.</p>






















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<p class="">A new Power structure comes along every few centuries. LIFE EVOLVES! Things CHANGE. </p><p class="">THE BITCOIN STANDARD is up NEXT</p><p class="">Monies are in constant competition with each other and will be until the end of time. Market participants will always converse towards the BEST money. There is a reason apples are not an efficient money or store of value. Fiat has been decreasing in Purchasing Power since its inception lol. Literally designed to lose value. WHY WOULD WE WANT TO STORE OUR HARD EARNED LABOR &amp; TIME in a vehicle that is DESIGNED to DETERIORATE. </p><p class="">This is the game with FIAT. Money Printing to bail out irresponsible market participants DESTROYS the incentives of YOU and I. Why play if they get bailed out? while IF you or I run a business and make bad business decisions we go out of business. but when the banks made bad decisions they got BAILED OUT. they are changing the rules of the game to benefit THEM.</p><p class="">BITCOIN IS HOW WE OPT OUT of their riggedSYSTEM… <strong>OPT OUT BUY BTC. </strong></p><p class="">BITCOIN - a GAME OF <strong>RULES</strong>… NOT <strong>RULERS</strong> .. rules that YOU and I can verify for our own self instead of trusting the “HIGHER UPS”. ——- <strong>Dont Trust… VERIFY</strong>——</p><h2>3. Why BTC</h2><p class="">Bitcoin is a non-sovereign, hard cap supply, global, immutable, decentralized, digital store of value and <strong>an insurance policy against monetary and fiscal irresponsibility from governments and central banks globally. </strong></p><p class="">“BTC” has no country borders, it <strong>IS </strong>the internet (global). </p><p class="">It has a supply of ONLY <em>21 Million</em> bitcoin. Only &amp; FOREVER. </p><p class=""><strong>DIGITALLY VERIFIABLE SCARCITY CANNOT BE OVERSTATED!!!!!!!</strong></p><p class="">21 Million units that are Digitally verifiable by anyone running a computer! (no Trusted Third Parties or BANK!)</p><p class="">Bitcoin is Censorship Resistant (no government, central bank, dictator or authoritarian regime can DENY you access)</p><p class="">It is Permissionless (you don’t have to ASK anyone for permission to interact with BITCOIN, it is open to ALL) </p><p class="">No Third Party</p><p class="">Bitcoin operates 24/7/365 NO HOLIDAYS… 100% uptime during “COVID”</p><p class="">Bitcoin doesn’t discriminate.</p><p class="">Bitcoin is apolitical</p><p class="">Bitcoin is Human Rights</p><p class="">Bitcoin is Property Rights</p><p class="">Bitcoin is Freedom in the Digital Age</p><p class="">The Bitcoin System is Rooted in RULES, not RULERS!</p><p class=""><strong>BITCOIN IS FREEDOM MONEY</strong>. we must never forget, freedom is worth fighting for.</p><p class=""><em>MAGIC INTERNET MONEY AS A DRIVING FORCE FOR HUMANITY AND TYPE 1 CIVILIZATION</em></p>






















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<h3>Durable Portability Divisibility Recognizability SCARCITY</h3><p class="">Bitcoin is a way to not only preserve our purchasing power into the future, not only let’s us stay at even, but even accelerate our purchasing power forward and grow our purchasing power in doing so.</p><p class="">There are over 40 Million Millionaires in the world, only 21 million bitcoin… so EVEN IF they all wanted to own just 1 coin… they cannot, this is why we are within hyperbitcoinization, we have billionaires on Twitter talking about BITCOIN.</p><p class="">On one hand we have the legacy system of petrodollars and centralized global hegemonies, and these systems are playing by different rules and are fomented by constant unrest. And on the other hand we have a FREE &amp; OPEN monetary network that ALL citizens of earth are able to opt into if they so choose. </p><p class="">The Human race is beginning to find safety in an asset/currency/settlement layer that the Rules cannot change. They are etched in code, open for all people bearing an internet connection.</p><p class="">Whether it is billionaires, staking their claim on the Digital Land Grab (as a Store of Value) to small cities in El Salvador running Entirely on a Bitcoin Standard (as a Bridge Currency), to families in Nigeria using the bitcoin network as a remittance layer, cutting out the large fees from Western Union when sending money to family. Bitcoin has many faces, many use cases.</p><p class="">History is full of example of leaders in power of currencies destroying and debasing their own currency for their own benefit, Satoshi Noted this before Bitcoin even hit $1.</p><blockquote><p class="">“ <strong>The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust</strong>” Satoshi Nakamoto</p></blockquote><h3>Bitcoin was born out of the Great Financial Crisis in 2008</h3>






















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<p class=""><strong>Satoshi noticed how important having a set of rules that cannot be changed to benefit those in power would be</strong>, This is not how a sustainable system operates in nature. Nature cannot PRINT more food and Shelter. nothing is for free, so to be able to Print money out of thin air destroys the incentives for the rest fo society who has to actullay WORK for it. Bitcoin’s Proof Of Work incentive structure realigns us with nature and God’s grace.</p><p class="">Making things out of nothing/printing infinite money has repercussions.</p><p class="">Every currency that has reigned supreme atop “Global Reserve Status” has fallen… not only fallen but they have all been Debased, or slowly, deliberately “destroyed” . The track record of ALL currencies has shown that time and time again, those in control of the spigot siphon the wealth in their direction, Vastly sucking the supply of those not with the controlled force.</p><h3>THANK GOD FOR BITCOIN</h3><p class="">Sources: Marty Bent, Travis Kling, Anthony Scaramucci, Jack Mallers, Alex Gladstein, Vijay Boyapati, Erik Cason, Robert Breedlove, Michael Saylor, Satoshi, Ansel and KENT.</p><p class="">edited by @Bitmegs supported by Mitchatronious.</p>