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News Link • Bitcoin

The Disaster and Triumph of Stolen Bitcoins

I've been using Bitcoin for a year and a half now and love it. I use it for purchases, to reimburse friends, conference registration and as much else as I can.

My perspective on Bitcoin is one of personal freedom and accountability. This new currency and payment method is a tool for individual liberty. The peer-to-peer transactions allow for decentralized networks to flourish. It encourages and sustains the transfer of currency from person to person.

As a single mom with 5 kiddos to love and support, the option of using bitcoin is appealing.

I bought a few when they were still pretty low and have been adding to my collection as funds allow me to. I kept my wallet on Coinbase and was in the process of transferring the majority to a paper wallet.

Understanding how it all works has been a challenge for me, as I know it is for many people who hold Bitcoin. Before putting most of my usable Bitcoins into a paper wallet, I wanted to make sure that I understood how to access them. Not fully understanding, I had not completed the process.

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