Getting Personal With Bitcoin
So you’ve recently learned of a peer-to-peer electronic cash system called Bitcoin, Congratulations! What’s next? How do you obtain some? How do you use it? What can you use it on? This page will answer some of those questions as well as provide important official links to applications and resources to guide you on your journey. Please keep in mind that the Bitcoin applications and services highlighted are just a sample of what is available.
- Select A Wallet01You'll need to have a Bitcoin wallet to secure your BSV safely. The easiest and most frequently used wallets are Moneybutton, Handcash, Centbee and RelayX. These wallets will not only store your access to your Bitcoin, but many times act as your identification or login for various applications and tools on-chain or off.
- Backup Your Seed02Each wallet provider has their own account creation procedures and terms of service. It is highly recommended that you back up your wallet just in case you ever lose access. This is typically done with a 12 word seed that you store somewhere safe and will allow you to restore your Bitcoin if needed.
- Earn Some Bitcoin03Once you have your first wallet set up, you'll need to add some Bitcoin. You can choose to purchase BSV or Earn it. You can also use a free faucet to send yourself a few "Sat's" (short for Satoshi's which is the smallest unit of Bitcoin equal to 0.00000001 BSV). I strong encourage you to earn Bitcoin using available apps and services.
- You Have Bitcoin, Now What?04Now that you own some satoshi's you can 'access' the Bitcoin network, There is no shortage of use cases and places to spend your Bitcoin. Whether as a traditional payment system to send money to other users like you would with paypal or venmo- but at a fraction of the cost, to accessing Bitcoin-based services and offerings.
Choose A Wallet
The majority of crypto wallets are software-based and come in many forms such as desktop, mobile, web, etc. Software-based wallets are convenient and more comfortable to transact with because by in large, they are connected to the internet. Before choosing a Bitcoin wallet, it’s important to think about how you intend to use it so you can select the most suitable wallet. I suggest starting with Moneybutton wallet.
Earn & Socialize
The Metanet is the next version of the internet, a version of the internet that is built on Bitcoin SV, where all activity that takes place is recorded on-chain. The Metanet gives individuals complete control and ownership of their data, rewards good content, seamlessly establishes intellectual property and ownership rights, and solves many problems that the internet currently has. Instead of being a product, you can choose to become a customer and seize back control of your data. There are social networks, vlogging platforms and countless other opportunities to create, share, participate and be rewarded for it! Try out some of the following apps and services.
Utility Apps & Services
Powered by Bitcoin SV microtransactions, delivering utility and services become more secure, efficient and and cost-effective. Microtransactions are the fees paid for the processing of data over the Bitcoin SV blockchain. According to bitinfocharts.com, the average fee is currently 0.0000069 BSV ($0.0018) USD) 0.000000011 BSV/byte. These incredibly low, sub-cent fees allow for the creation of revolutionary new business models that have never been economically feasible on the Internet – at least until now.
Gaming Apps
Training & Developer Resources
Massive Open Online Course’s, Webinars, Wiki’s, DevCons, Hackathons, learning platforms, block explorers – If you want to learn how to master or develop on Bitcoin, there are countless opportunities. Here are just a few.
Financial Services & Tools
Bitcoin SV has a robust ecosystem of financial tools and resources. On-ramps, off-ramps, exchanges and unique opportunities to earn interest on your holdings.
Discover Enterprise Use Cases
Bitcoin SV is ready to solve key challenges and enable new opportunities for the enterprise world. Take a look at a sample of organizations and how they are utilizing an enterprise-grade public ledger.