My Whitepaper story
Like many of us, I came to Bitcoin from altcoins. When I started learning all the blockchain stuff, dogecoin was breaking all-time high almost every single day, while Bitcoin seemed unattractive for a new crypto investor.
But the euphoria that lasted for about a year had come to an end and the Bear Market started. And that's when I began studying and gained an understanding of what Bitcoin is.. Now, my previous thoughts seem hilarious to me.
Regarding the Whitepaper, it was the document I started learning from. As an English teacher, I am not a very tech savvy person, and learning all the cryptography concepts was a little arduous for me. But here I am, now I am aware of every single aspect of Bitcoin, and looking forward to seeing what’s going to happen next.
In my opinion, while the Whitepaper is the most crucial document about Bitcoin that everyone should read, I would recommend starting with the MIT course about Bitcoin and Blockchain, with Gary Gensler as a lecturer.
Storing BTC
I think that storing bitcoins should be your main priority while traveling. First of all, leave your main wallet at home! If you are afraid of some accidents, you should probably take more cash, because, unfortunately, ambulances don't accept Bitcoin.
So what hardware wallet should you consider?
Personally, when I travel, I use two wallets. The first one is a lightning wallet called WoS, and the second is an on-chain wallet called Blockstream Jade.
WoS is the most comfortable lightning wallet that exists at the moment. It's custodial, but fine for storing small amounts of sats. There are non custodial analogues such as Phoenix, but fees are usually higher there.
I use Blockstream’s solution because I have a spare Jade lying around, but for an average user, software solutions will be more than enough. If I would choose a software wallet I would pay attention to such wallets as Samourai, Sparrow wallet, Nunchuk etc.
I've created this Nostr profile as my travel blog, where I can combine two of my hobbies, travelling and Bitcoin.
So my first goal is to visit Budapest and to make a photo near Satoshi Nakamoto statue. Also I'm curious if there any restaurants of hungarian cuisine that accept bitcoin or I will just starve to death.
Let me know if you have any suggestions on where to go and what to do in Budapest.
Notes by Nakamoto Jones | export