Kerry Rodgers wrote:Can you or Evan (or anyone else) suggest a simple starter set that you actually use? There are both technical and ethical considerations. And other crypto-currencies than bitcoin. And...???
I feel your pain, Kerry. I felt that way every time I thought about planting a garden! Seems like the more you learn, the more you get curious and the more you learn and so on. Pretty soon, you're so intimidated that you never get started. I did this for years with gardening until I just put a seed in the ground. I learned more from that than in years of confusing research. And now I'm well on the way to creating a sustainable food forest that will feed my family and community for years. But it never would have happened if I didn't put that first seed in the ground.
I suggest you take the same approach with Bitcoin. Or any other thing that seems confusing. Just like gardening where there are experts that talk in a language of cations, soil micronutrients, and mycelium density, there are the Bitcoin nerds that talk in terms of blockchain bloat, the 51% hack, and mining difficulty.
Just ignore these people. You can circle back around to them like I came back around to the cation/anion people. For now, just dip in your toe. The first step is to get a wallet. The next step is to put something in it. Just a couple dollars. After that, you'll be invested and you'll be motivated to learn more. And then go to overstock.com and buy something. Or 20,000 other merchants that accept Bitcoin. Or send Evan a tip. You'll quickly see how easy and smooth Bitcoin is as a payment system.
I like Coinbase for beginners. It's easy, secure, and well-funded. You can create a wallet and then link to a bank account for moving between standard currencies and bitcoin. (If there are any Bitcoin anarchists out there, please take your criticisms elsewhere for now; the goal here is to get people started. Sometimes I think infighting within the Bitcoin community is the worst enemy of Bitcoin adoption! Nothing like that happens in Permaculture, right?)
Don't even worry about the other crypto-currencies, or alt-coins. Once you understand Bitcoin, then you can circle back around to figure them out. Most are just vanity projects that won't amount to anything.
So that's it to get started. Grab a seed, put it in the ground, and observe. Same goes with Bitcoin.