We’ve revamped our Referral page making it EASIER for you to share your referral link.
Rewards INSTANTLY paid out in sats to your Lightning wallet 🤯⚡
In this bull market, send your friends and family to the best bitcoin-only platform 🥇
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To access your referral code, log in and go to your Referral page. Next:
🔗 Copy and share your referral link
📸 Share your QR code where referred folks can scan and sign up
📍 Post your link directly to X to refer anyone and everyone
Make sure to add a Lightning wallet to your referral page to earn your referral payouts directly to your Lightning wallet.
What's better than earning inflatable fiat?
Earning sats😎📈
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When you refer nocoiners to Bitcoin Well you save them from losing sats to leverage, sh*tcoins or custodial mishaps and set them on the path to freedom and independence.
You have the power to save your friend and family from the flood of fiat ✊
When the haters say $300,000 is impossible this cycle, remind them bitcoin has a history of rising 20x from its previous cycle bottom
When will the bitcoin haters accept they were wrong about bitcoin?
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Folks like Nouriel Roubini and Keynesian economists as a whole cannot sustain the risk of accepting defeat by Bitcoin, as their entire reputation depends on an economic framework that is incompatible with Bitcoin.
If they accept bitcoin as a supior monetary medium , all of their other economic claims will be questioned and all of their models will collapse.
The simplest path forward for bitcoiners is to ignore the Bitcoin haters, who are incentivized to keep their heads in the sand.
Everyone gets bitcoin at the price they deserve.
Why choose a non-custodial Bitcoin platform?
1. Control
With a non-custodial setup, you hold the private keys, meaning you’re the sole owner of your BTC. Custodial platforms keep your keys, adding a layer of risk. Don’t trust, verify; and take ownership!
2. Security
Custodial platforms are targets for hackers and honeypots for disaster. From Mt. Gox to FTX, there are countless ways your custodied coins can become lost.
With non-custodial wallets, there’s no central honeypot—just you and your BTC.
3. Freedom
Self-custody protects you from sudden asset freezes or confiscations. Custodial platforms can be compelled to restrict access to your funds (E.O. 6102)
When you hold in self-custody, there’s no intermediary between you and your future
It’s real financial freedom
4. Innovation
Bitcoin wallets evolve fast!
With the Lightning Network for instant, low-cost payments, user-friendly wallets, and cold storage devices, non-custodial wallets make it easier than ever to use BTC.
Exchanges can’t keep up with this pace of innovation!
Don’t have a Bitcoin Well account yet?
Sign up below and take control of your bitcoin 👇
https://app.bitcoinwell.com/signup
Happy 16th anniversary to the Bitcoin white paper! 🎂
Over the last 16 years, Bitcoin has grown from an idea to a global movement in the pursuit of independence and sovereignty
Here is how you can personally start living on a Bitcoin Standard, right now 👇
Self custody your bitcoin – it’s hard to be independent when you constantly have to ask for permission to use your own money
Avoid custodial exchanges and banks and buy BTC directly to your personal bitcoin wallet 🔐
At Bitcoin Well, we NEVER custody your bitcoin
Replace your bank with a bitcoin wallet – banks are no longer the only way to easily and quickly pay your bills
With Bitcoin Well, you can pay any bill or credit card with BTC from your wallet
Simply add your bill, enter an amount to pay to create an invoice & then send the BTC
HODL BTC for the future – Bitcoin is an opportunity to usher in generational wealth for your descendants, don’t take this opportunity lightly!
Custodial platforms are prone to the risk of seizure & theft. Self-custody your bitcoin to ensure it’s available in the future 🫡
Measure your time and spending in sats 📏
If you’re debating buying something on Amazon that costs $500 CAD – think of that like a 500k sat decision instead
Five years from now, would you be happy you bought that thing off Amazon, or would you rather have the sats? 🤔
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Embrace the Lightning Network ⚡️
Living on Bitcoin day-to-day is easier than ever thanks to the Lightning Network
Bitcoin Well enables you to buy, sell and pay bills with bitcoin from the Lightning Network, as well as swap between networks for FREE
Everything you need to live and thrive on a Bitcoin Standard is now available
The age of relying on banks, custodians and financial intermediaries is in the past
Replace your bank with Bitcoin Well and embrace the Bitcoin Standard today
Haven’t signed up with Bitcoin Well yet?
Get started here 👇
https://app.bitcoinwell.com/signup
Bitcoin is the best money humans have ever invented.
Bitcoin is sound money… but at the same time.. Bitcoin it is not sound money!
How can that be the case? Let’s explore the history books
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The concept of sound money dates all the back to ancient Rome when Silver coins were the norm in everyday commerce
As Rome squandered its wealth and debased its money, the silver content in its coins decreased dramatically
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Roman soldiers and merchants grew weary of the debased coins and learned to detect them striking the coin against a hard surface
Silver coins made a distinct noise, symbolically called the "ring of truth", while coins clouded with other medals bore a different tone
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When England’s Royal Mint introduced paper money, the citizens rebelled, wanting only sound money, fearing debasement of paper (or easy) money
The first Royal Mint's banknotes were different than today's paper money, because they at least contained a 'promise to pay'
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In the 19th century USA, the “ring of truth” was even used to identify several counterfeiting scams
Since ancient Rome, the principles of sound money have travelled far across time and space, all the way to cyberspace
Bitcoin’s digital presence means a “ring of truth” test is impossible
Yet, at the same time, bitcoin’s scarce, self-custody and verifiable properties enable Bitcoin to champion all of the characteristics of sound money
Bitcoin is immune to debasement and inflation 🔊💰
GM bitcoiners ☕️
Bitcoin hit an all-time high in Canadian dollars this morning 🇨🇦📈
Every new ATH is a reminder to self-custody your bitcoin 🔐
Eventually, the BTC price will be so high that the Feds will come after your bitcoin
Secure your bitcoin for the future – today
How to buy bitcoin over the Lightning Network – privately – at a Bitcoin ATM
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Looking to buy bitcoin instantly over the Lightning Network?
Bitcoin Well ATMs now offer an easy way to convert cash into bitcoin on the Lightning Network with the Cash Voucher system, bridging traditional cash with instant Lightning payments. Follow this guide to quickly buy a Cash Voucher at a Bitcoin ATM, buy bitcoin, and receive it over the Lightning Network.
What you’ll need:
Bitcoin Well Account: – A Lite Account is sufficient.
Lightning Wallet – With a Lightning address or LNURL.
Cash: – To use at the ATM.
Step-by-step guide – Part 1: Setting up and buying your Cash Voucher
Create or sign in to your Bitcoin Well account
– Sign up on the Bitcoin Well portal using only your email and a chosen username (welltag)
– Full ID verification is not needed for Lite Accounts, preserving your privacy.
Get your Cash Voucher QR code:
– Log into your Bitcoin Well account and go to the "Buy" page.
– Select “Cash Voucher” and save your unique QR code (it stays the same for future use).
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Visit a Bitcoin Well ATM:
– Find a nearby machine here: https://bitcoinwell.com/bitcoin-atm
– Bring your cash and your Cash Voucher QR code to the ATM.
Buy a Cash Voucher:
– On the ATM screen, select “I want Crypto.”
– Choose “My Portal” and scan your Cash Voucher QR code.
– Insert your cash, and within seconds, your Cash Voucher will be available in your Bitcoin Well account.
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Part 2: Buying bitcoin over the Lightning Network
Log into your Bitcoin Well account and navigate to “Buy”:
– Select the Lightning tab at the top of the screen.
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Add your Lightning Wallet:
– Enter your Lightning address or LNURL, which will be where your purchased bitcoin is sent.
Complete the purchase:
–Review the transaction, and your bitcoin will be sent instantly over the Lightning Network.
Fees and Limits
ATM Cash Voucher Fee:
– 4% of the deposited amount.
– Example: $100 cash results in a $96 voucher credited to your account.
Bitcoin Purchase Spread:
– Lite Account: 3%
– Verified Account: 1.2%
Daily Cash Voucher Limits:
– Individual Cash Vouchers: Up to $950 per voucher
– Lite Account daily redemption: Up to $3,000
– Lite Account weekly redemption: Up to $10,000
Why use Cash Vouchers for Lightning Bitcoin?
– Privacy: No bank account or ID verification required for Lite Accounts.
– Instant speed: Lightning Network offers real-time bitcoin transfers.
– Convenience: Use cash without bank restrictions.
– Security: Self-custody solution from ATM to wallet.
– Flexible testing: Try the service before fully verifying your account.
– Save on transaction fees: Lightning transactions are considerably less costly to send and receive than on-chain ones.
Tips for success
1. Save your QR code: Your Cash Voucher QR code is reusable.
2. Upgrade for lower fees: Consider full verification to reduce the spread.
3. Prepare your Lightning Wallet: Have your wallet address ready to avoid delays.
4. Monitor your limits: Know your daily voucher and purchase limits.
Need Help?
Bitcoin Well offers support through multiple channels to make your experience smooth:
– Phone support
– Email assistance
– Live chat via the portal interface
Are you ready to get started? Find your nearest Bitcoin Well ATM, fund your account, and experience the future of bitcoin transactions today!
Do you want to learn more about Bitcoin & live in the Western Massachusetts area? 🖐️
Then you you've gotta check out the upcoming Bitcoin Meetup in Northampton!
@Reed will host a presentation to teach you about bitcoin & giveaway prizes so a few folks leave with some sats!
The next West Mass Bitcoin Meetup is on Sunday October 27th at 6pm!
Sign up here 👇
https://www.meetup.com/western-mass-bitcoin-meetup/events/303768755/?eventOrigin=group_upcoming_events
In 1934, the US government passed Executive Order 6102 to seize gold held by Americans. If you think something like that can't happen today, think again
Custodial platforms can be forced to comply with government orders like the banks were back then
Here’s why:
90 years ago, a recently elected FDR faced a desperate and struggling economy. The president chose to villainize gold savers as ‘hoarders’ and seized their gold in an effort to fix the economy. All gold stored in banks was seized, however, most privately held gold was not.
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When your bitcoin is held on an exchange, it’s not truly yours. The keys are controlled by a third party, which means it can be frozen or seized at any time
Check those terms and conditions 👀
Any exchange is one election and one bill away from having its bitcoin seized
The beauty of Bitcoin lies in its decentralized nature and the fact you can securely self-custody. When you hold your own keys , nobody can take your bitcoin. Self-custody is freedom and the only way to ensure your bitcoin stays yours.
History serves as a cautionary tale. Just as gold was seized in the past, bitcoin held on exchanges could face a similar fate. A mere 5% interest is NOT worth the risk of losing all your bitcoin. Self-custody your bitcoin and secure your future 🔐
It’s good to be a paranoid crypto anarchist!
in 1934 when they passed EO 6102 gold was $25 an ounce. They offered $35 in exchange for the gold. That solid 40% gain sounded good at the time, but looks bad against a historical lens:
Dollars depreciated by 99% and gold is around $2,800 an ounce.
Well, Saylor can only leverage Microstrategy so far until he risks over-leveraging the company. He probably is changing his tone for interest on BTC because he pays interest for the loans to buy BTC. Perhaps there is some shareholder pressure, cause the change in his rhetoric is shocking
Sorry Saylor, but...
Non-custodial wallets are the essence of what makes Bitcoin revolutionary
They embody financial sovereignty, where you control your own wealth without relying on corruptible third parties or centralized institutions
Bitcoin isn’t just digital money – it’s about owning your money without asking for permission
Custodians dilute this power by introducing counterparty risk, censorship, and exposure to hacks
With non-custodial wallets, you hold the keys, the power, and the responsibility
What Saylor seems to have forgotten is that without non-custodial wallets, Bitcoin becomes just another system of reliance
But with self-custody, Bitcoin is unstoppable digital freedom
Self-custody is what makes a cyber hornet 🟠🐝
Do you have any questions about how to get started buying and storing bitcoin safely? Well, you’re in luck!
Our CEO Adam O'Brien is co-hosting a FREE bitcoin-education focused webinar Oct 23rd at 12pm EST 🖥️
The webinar will consist of a quick presentation followed by a Q&A period where you can ask your bitcoin and self custody related related questions and get answers from industry experts 🖐️🤝
By attending you'll earn 2,500 points in your Bitcoin Well account, enough for 5 chances at 1,000,000 sats from the Bitcoin (Wishing) Well - nearly $700 USD at these prices! 🤑
Folks who attend and sign up with code 'webinar' will also get 2,500 points! 🎟️
This webinar is your opportunity to learn everything you need to know to be a successful bitcoiner and to maximize your independence!
Sign up here 👇
https://www.thebitcoinway.com/stl
Hi there!
After the webinar you'll have a signup link emailed to you! That link will automatically apply the code 'Webinar' and that will award you your points!
Can we ask Saylor which gold holders held onto their gold post E.O. 6102?
The paranoid gold holders with gold in safes/buried or the custodial customers?
Stack sats with your Bitcoin Well Referral Link 🇨🇦⚡🇺🇲
🎉 Now you can onboard bitcoiners and earn sats every time someone you refer to Bitcoin Well does a transaction on the Bitcoin Portal
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Here’s how to get started:
👉 Head to your Bitcoin Well account, and go to Bitcoin Well Rewards > Referrals
🔗 Grab your personal referral link or share your referral code
⚡ 10% of all transaction revenue will be instantly sent straight to your Lightning Wallet
💰 Example: With our current 1.2% spread, if someone spends $1,000, we make $12.00, and you’ll earn $1.20 - automatically sent in sats to your wallet!
If they have a Lite Account with a 3% spread, you’d make $3.00!
👉 Who’s eligible to refer?
Anyone in Canada or the USA can be referred to the platform, and also refer their friends!
This includes businesses, HNW individuals, and clients using our OTC desk.
Canadians can refer Americans, and vice versa! As we expand our services into more countries, they will also be eligible.
Want to learn more?
Check out this article for more details <article link>
Not using Bitcoin Well? Do yourself a favour and future-proof your money
👇
https://bitcoinwell.com/app/signup
Reasons why bitcoin is better money than gold: Verification
Counterfeiting is a problem as old as coinage, spanning back to the Lydian empire in 550 BC.
Bitcoiners took note of gold's shortcomings and incorporated superior security methods when creating bitcoin
Here's how 👇
The origin of counterfeiting involved clipping the edges of ‘real’ coins and combining the metal to make a counterfeit coin, but thieves tend to innovate over time.
Mints began to incorporate physical security methods to deter and delay counterfeiters, first official seals and then later coin ridges. Soon, only precious metals with coin ridges and/or designated seals were accepted.
As metallurgy improved, counterfeit gold coins and bars became more sophisticated – ridges and seals were soon copied, no longer distinguishing authentic from counterfeit.
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Today, gold authentication is done with a X-ray fluorescence spectrometer. However, XRF spectrometers fail to detect the contents of the object’s centre, as they can only penetrate a maximum distance of a couple of millimetres.
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To get around this form of detection, counterfeiters will replicate the outside security features of a gold object (coin or bar) with a thin layer of gold while the inside is made up of a similarly dense metal like gold or tungsten
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The only way to detect such fake gold is through an intense process where the gold is physically compressed and flattened through a rolling mill to not exceed the penetration distance of an XRF spectrometer.
However, now the gold bar has lost its standardized shape and seal, and requires minting again. Needless to say, the entire process is costly and time consuming and is thus not exercised for most gold, leading to global speculation as to whether global gold reserves are authentic.
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Bitcoiners, however, never worry about receiving counterfeit bitcoin. Bitcoiners also never worry about XRF spectrometers or flattening out the fungibility of money to detect its atomic makeup. Bitcoiners are armed with code and thousands of nodes worldwide, instantly verifying new blocks, transactions and, thus, the validity of bitcoins.
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Bitcoin’s inherent ease of verification through its robust system of independent nodes and digital makeup allows bitcoins to be verified instantly, continuously, and without fee or loss of functionality or fungibility.
Bitcoin is better money than gold for many reasons. Protection from counterfeiting is one of our favourite differentiating factors.
Bitcoiners don’t trust – we verify.
Our Canadian product line up is brimming with convenient and fast ways to use your bitcoin. Lightning buy/sell, pay bills and swap between LN and on-chain.
All of this and more will be coming to the US very soon.
In fact, in the US we just launched instant bitcoin buys (lock in rates while funding) and OTC to enable large purchases for individuals and business.
Well done getting the family into bitcoin!
Either his sats have arrived or they're queued in the next batch!
If any issues arise, our customer success team will sort him out 🫡
You can now swap bitcoin between the blockchain and the Lightning Network for FREE 🇨🇦
⚡ Instantly swap bitcoin between networks
🥷 Available for fully verified and Lite accounts
🤑 No mining fees and 0% fees on Swaps means you keep all your sats
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Here’s how to get started:
👉 Sign in to your Bitcoin Well account and go to Swap
👉 Select your destination bitcoin wallet
👏 You are ready to Swap
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Send bitcoin to your unique Swap address and your bitcoin will be automatically converted! ⚡️
With the “Free” blockchain speed you’ll automatically be included in the next batch so you won’t pay a single sat in mining or other fees for the process 😍
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Just like our other products, you can save (or remember) your Personal Swap Addresses to easily swap between networks without logging in 💾
It’s simple - yourwelltag@SWAP.btcw.app
Swap your Lighting balance to your cold storage on the blockchain so you can DCA frequently without a UTXO management nightmare 🤯
Want to learn more about how to Swap your bitcoin between the Lightning Network and the main chain?
Check out this article for more details:
https://www.bitcoinwell.com/blog/how-to-swap-bitcoin-between-the-lightning-network-and-cold-storage-on-the-blockchain-with-bitcoin-well-swaps
Not using Bitcoin Well? Do yourself a favour and future-proof your money
👇
https://bitcoinwell.com/app/signup
Gary Gensler repeats that Bitcoin is not a security and that "You now have a way to buy into (bitcoin) through ETFs"
Thanks Gary, but we’ve had a better way to hold bitcoin for years now – its free, safer and better
Its called a bitcoin wallet
Here’s why you should use one 👇
Bitcoin wallets are secured through unhackable encryption.
Banks are imperfect stores of value, requiring a money printer as a backstop for imperfect security. Bank funds are stolen from hackers regularly, yet bitcoin wallets have never been hacked 🙅
Executive Order 6102 reminds us that banks will aid the government in seizing financial assets.
Banks took your gold once and if the government asks them they’ll take your bitcoin deposits!
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Bitcoin wallets have more security than banks yet they are FREE!
Paying someone to hold your bitcoin will actually force you to part with a large amount of sats over time, resulting in a large value lost over time.
Compounding fees significantly limit your investment returns
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Banks are highly restrictive
You want to move a few thousand dollars? You have to file a report.
When sending bitcoin, all you need is a recipient and a network fee and your transaction is approved
Besides, its not like you can send an ETF like you can send bitcoin
Bitcoin on a wallet enables your independence
You can safely store and transact your bitcoin anywhere, anytime
Bitcoin on a wallet is the best way to store your bitcoin
The first standardized gold coins began circulation at around 550 BC in the Lydian empire
Coins incurred minimal design changes until Sir Isaac Newton reimagined sovereign currency using science and philosophy
Here's how Newton changed money, and helped inspire bitcoin 👇
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For over 2000 years before Newton, precious metal coins incurred theft known as coin clipping. A thief takes a pair of clippers and clips the edges of a few dozen coins. The clippings can then be melted down to form new coins.
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Eventually, most of the coins became clipped, their value diminished and their function in trade lessened. It’s a challenge to find an ancient coin without evidence of clipping.
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Newton discovered an elegant solution: the coin ridge
Instead of trusting in the value of the coin received, anyone could now verify that the coin was legitimate and untampered with because a clip on a ridged coin would be very noticeable
Mints around the world began implementing Newton’s design
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Newton essentially invented a zero cost and instant tool for validating the legitimacy of currency used peer to peer transactions.
And we see this design philosophy also present in bitcoin!
Bitcoin recipients need a way to validate transactions at low cost. Instead of a few dozen ridges encircling a coin, bitcoiners have tens of thousands of nodes continuously monitoring the legitimacy of every transaction and minting of new bitcoin.
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In many ways, Sir Isaac Newton is the great godfather of bitcoin. He was the first person to use logic, math and philosophy to reapproach sovereign currency, leading to England’s gold standard’s development, eventually leading to a global gold standard.
Although he isn’t referenced in The White Paper, we thank Newton because his invention of low cost currency security measures and the gold standard helped lay the foundation and inspiration for the bitcoin standard that we are all working towards
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Dang, if he didn't get fed any of these points by his team then RFK JR truly is a bitcoin GOAT.
Does anyone know if he's made bitcoin transactions or uses bitcoin?
It was surprising to see Saylor say all that on Saif's podcast.
Perhaps Saylor is falling victim to his own success?
Could he be receiving a new form of pressure from shareholders who want him to 'cash out' and 'realize' part of bitcoin fiat gains in fiat?
Natural yield will have variance in response to supply and demand shifts.
"A man worth his salt" 🧂
You've heard before it, maybe you've said it yourself
But why is this expression used in admiration or respect, when a box of salt costs a couple bucks at the grocery store?
And what does salt have to do with bitcoin?
The answer may surprise you!
First, let's go back to Ancient Rome, its 100 BC
Salt is a valuable commodity
Salt frees people from the whims of the seasons by enabling long term food preparation
Salt could mean the difference between life and death
Salt production was minimal, salt was hard to obtain
Rome learned how to import salt from the Mediterranean, some say the first roman roads were built to transport salt from the sea to the capital
Roman soldiers were paid, in part, in salt. Likely a mixture of coinage and salt.
If a Roman Soldier slacked at his duties, the salt from his payment would be cut as he was 'not worth his salt'.
The latin world 'sal' means salt.
It is believed that roman soldiers were paid in salt and thats why the latin word 'salarium' is our origin for 'salary'.
Today salt is not a precious commodity.
Increased technological sophistication meant that harvesting salt became increasingly easier, increasing the amount of available salt and lowering its price.
This is the case with most commodities today, even gold.
As technology increases, stock to flow increases as well.
As bitcoiners know, an increasing stock to flow ratio can lower the per unit value of a commodity.
Bitcoin is immune to salt's downfall because increased technological sophistication cannot increase bitcoin production
Who knows, a few decades from now when bitcoin becomes the primary monetary system+unit in the world, maybe people will stop saying "a man worth his salt"
Bitcoin will be the money everyone desires.
The expression may even evolve to be:
"a man worth his sats" 🤔
The pursuit of improved margins and access to the 'top dog' commodities is a massive driving force of history and civilization
Thank you! This sounds very interesting!
This speaks to my experience in UofT as a polack.
When my dad told me all the profs were communists, I really thought he was joking!
Now I realize academia is a conditioning program to breed government thinkers
I was in school from 2013-2017, if it's worse now I can't imagine!
The head of the history department was an open communist and anti-capitalist rhetoric was fierce throughout campus.
The economic dept was all keynesians except for a couple. Kinda makes sense, UofT's Econ program is a big funnel for Canada's central bank program.
And it's not like Austrian or deflationary currency economics is favourable to a HIGHLY indebted government – they can only choose inflation to help dig themselves out of the massive hole they've dug. Its goes so deep!
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