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OZ₿TC22
@BrissyBitcoiner
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BTC Since 2022. Christian. Minimalist. Reader. Father. Husband. Share Bitcoin Journey. Not Financial Advice. 🟠📚✝️
Australia
Joined December 2023
Still nerve wracking when send or receive your #bitcoin? Do this 👇
Sending Bitcoin Still Feels Nerve-Wracking? You’re Not Alone. That moment of doubt—“Will it actually arrive?”—is real. But here’s the good news: Bitcoin addresses have built-in safeguards. When I learnt this, it greatly reduced the stress of sending Bitcoin. A Bitcoin address isn’t just a random string of characters—it’s structured to prevent errors. Each address contains three key parts that tell the network where to send your BTC (Image below): 1️⃣ Version Number – Identifies the type of address (Legacy, SegWit, Taproot) and ensures compatibility. 2️⃣ Public Key Hash – A shortened, more secure version of your public key. This acts as the unique identifier that determines the recipient of the funds. 3️⃣ Checksum – A built-in error detector. The last 4-6 characters verify the version number and public key hash to ensure the address is valid. Why This Matters: If you accidentally miss or mistype a character, the checksum catches it—and your wallet shouldn't send the transaction. This built-in safety net prevents you from sending your Bitcoin into the ether. That said.... here are a few pro tips for error-free transactions: ✅ Always copy & paste addresses (never type manually). ✅ Use QR codes whenever possible to avoid manual entry mistakes. ✅ Double-check the first & last 5-6 characters before hitting send. Did this help? Let me know if you have any questions or curiosities!
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Could we please have that DOGE Team in Australia too? I’m jealous every time they posted they canceled a waste project.
Among many other things, @DOGE today canceled a $17M project to provide tax policy advice to Liberia. Why would anyone think that this is a good use of YOUR tax money? 🤦♂️
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@dragon_welcomer @Miightyy5 It’s up to you. You can buy BTC and IBTC and MSTR at the same time. I think that’s diversified enough.
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@TaxCutsInBTC @stackharderpleb @ANZ_AU I’m using ANZ one, no issues at all. They will send you a text message when you do the very first deposit to authorise the transfer then that’s it.
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