To start out, I did a little research about Bitcoin Wallets on Google Search. Then, I clicked on the first Hit: Bitcoin.org They showed several styles of wallets to use. I was a little confused but decided to look for the wallet that covers all 3 platforms: 1. mobile 2. desk top 3. web;;; -and Blockchain stood out. So I signed up with their wallet. I had to create a crazy long password of 10 digits and they gave me several codes to remember. I need to practice signing in a few more times to understand which sign in name to use and everything. But I copied and pasted all the vital information in my computer.
Next I needed some Bitcoins to play with. I went to one of my favorite griefing and trolling discussion forums and asked for some Bitcoin. One stranger helped me, so now I have a little Bitcoin to work with. Now comes the fun part of spending it. I looked up what places accept Bitcoin. I saw that Paypal accepts bitcoin now.
Unfortunately, after navigating around my Paypal account, I didn’t see any references to Bitcoins. Apparently, this news story just came out Sept 8, 2014 that Paypal will start accepting Bitcoin, and they haven’t even coded anything into the website yet. This process of adding a Bitcoin button will take a few months. Ok, so I have to wait for them to catch up. But I am a little impatient. So I look at the businesses that are a little more established to accept Bitcoin: Overstock.
So, I quickly grabbed an item (cheap towel) and proceeded to the checkout. From there, when I got to the payment options, I could see that I can pay in Bitcoin. Do I have enough Bitcoin to pay them? What do they value my meager Bitcoin at? Market value? I don’t know, but unfortunately, the Overstock website only trusts Bitcoin payments from Coinbase. Well, I don’t have any Bitcoin in Coinbase.
So, I have to transfer a little my Bitcoin from Blockchain and put it into Coinbase. They use QR Codes and I was able to use my iPad to scan the QR Code from the screen of my laptop to make the transfer. Now I have to wait an hour for this transfer to complete.
This is my Coinbase Wallet where you can send me Bitcoin from any other of the wallets, I believe. I did it with Blockchain, at least:
And this is my Blockchain Wallet:
As you can see the numbers for each wallet look different, because I have 2 wallets now. The QR Codes may or may not be scannable. They look a little fuzzy.
But, this is just my initial foray in the Bitcoin world. It looks like they are doing a good job making it work a little better for people. Thank you.
Apple banned Blockchain from Store Feb 2014, but I was able to download app in Sept 2014. When was app allowed back in? Ok, it was allowed back in late July after new Apple guidelines were written in June.