How to deal with bitcoin

Inform Yourself

Bitcoin is different than any currency you’ve used before, so it’s very important to understand some key points. Unlike government-issued money, that can be inflated at will, the supply of bitcoin is mathematically limited to twenty-one million bitcoins, and that can never be changed.

Bitcoins are impossible to be counterfeited or inflated. You can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to be blocked, and bitcoin wallets can’t be frozen. Short of turning off the entire world’s internet, and keeping it turned off, the Bitcoin network is unstoppable and uncensorable.

While Bitcoin brings unparalleled freedom, it also requires increased user responsibility, but the rewards are well worth your time.

Choose Wallet

Choosing a wallet is easy, but there are lots of different options. The most important distinction is between Bitcoin wallets, where you are in control of your own bitcoins just like your conventional wallet, and wallets that act more like banks, where you have to trust someone else to hold your bitcoins for you. There are advantages and disadvantages to both, but in general, we think it is best for users to hold their bitcoins themselves. You can have as many different Bitcoin wallets as you want, but for now, it’s likely easiest to get started with a wallet for your iPhone or Android device so you will have your bitcoins with you wherever you go.

Blockchain Wallet Serve as ONLINE WALLET

Electrum Wallet Servce as OFFLINE WALLET

Get Bitcoins

Obtaining bitcoins works just like obtaining any other currency. You can sell something you already have for them. You can ask your existing employer to pay you in Bitcoin. You can use a Bitcoin-based payroll service like Bitwage without your existing employer even needing to know. You can start accepting them as payment at your current business, or the easiest way is to simply buy them on one of our trusted Bitcoin exchanges.

Good addresses are:

CoinBase

CEX

Bitcoin Com

Have Bitcoins – need to Anonymize

The main problem is that every transaction is publicly logged. Anyone can see the flow of Bitcoins from address to address. Alone, this information can’t identify anyone because the addresses are just random numbers. However, if any of the addresses in a transaction’s past or future can be tied to an actual identity, it might be possible to work from that point and guess who may own all of the other addresses. This identity information might come from network analysis, surveillance, or just Googling the address.

Bitcoin tumbling also referred to as Bitcoin mixing or Bitcoin laundering, is the process of using a third-party service to break the connection between a Bitcoin address sending coins and the address(s) they are sent to.

Breaking the connection between your addresses and the coins’ destination by mixing them is certainly a precaution that all DNM users should take.

There are some trusted Bitcoin Tumblers outside.

Spend

You can now spend your cleaned Bitcoins everywhere in the Dark Net.

Even in the normal websites there are plenty of websites that accept Bitcoins. From Amazon.com to Airlines, Pizza Services, Books, Cars, all is payable with your Bitcoins.

If you don’t want to spend your Bitcoins, take a look at tradings. Bitcoins often jump up and down in exchange with real currencies.