Thread: Crypto Newbie

Originally Posted by born

Thanks, the steps are simple but it is kinda invasive and irritating setting up coinbase. Id is required with coinbase which is one of the many reasons to set up blockchain. It also helps to stay anonymous to set up blockchain using a n email like protonmail that you aren't attached to.

R. Is Block chain a wallet? I presume you can't buy Bitcoins anomously, correct?

Originally Posted by sumguy

R. Is Block chain a wallet? I presume you can't buy Bitcoins anomously, correct?

From how i understand it, you buy the bitcoin from your bank account or wbatever so that is tied to you but having a separate wallet is how you distant yourself from the bitcoin you send. I'm still learning so I could be completely wrong....lol

Originally Posted by FrankTheTank

From how i understand it, you buy the bitcoin from your bank account or wbatever so that is tied to you but having a separate wallet is how you distant yourself from the bitcoin you send. I'm still learning so I could be completely wrong....lol

Yes blockchain is a wallet. Buying bitcoins cash in person is the best bet. The term "anonymous" and bitcoin os only achievable by those willing to do things 100x harder than setting up a bitcoin account.

I will put it this way: With coinbase and purchasing bitcoins with a debit card, then switching to blockchain, you won't have a giant billboard over your head saying "come get me".

They have better things to do than take down a guy over 100ml of stuff he bought through blockchain.