@Saint_Just1965 You’re an idiot. You could’ve gotten civilians killed because you were “doing your job.” I guess your job is more important to you. I’m glad they kicked you out. This ain’t the time to be a fool.
📚Wallet Keys(5/5)
💠Exchange Wallets usually don't give private keys. They're stored within their database. A data breach may leak your public & private keys.
💠Cold Wallets depend on your storage capabilities; they're physical items like a USB.
#dogecoin#doge#DogeFam
📚Wallet Keys(4/5)
💠Private keys are a password to verify identity
💠If the wrong person has your private key, they can control your assets
💠Hot wallet keys are stored on the internet
💠Cold wallet keys are stored offline
*this is not financial advice
#dogecoin#doge#dogefam
📚Wallet Keys (3/5)
💠To receive crypto, your public key or address is needed. This is like your e-mail address.
📛Once a transaction is made, it cannot be reversed.
*this is not financial advice
#Dogecoin#dogefam#doge#dogetothemoon
📚Wallet Keys (2/5)
Most wallets require 2 keys: Public & Private Keys
💠Public keys are like an e-mail address
💠Private keys are like the password to your e-mail
📢 NEVER give out your private keys ‼️
*this is not financial advice.
#doge#dogecoin#dogefam#dogearmy
📚Wallet Keys (1/5)
As previously noted, not all wallets will give you access to your own set of keys. But why is this vital?
Keys secure your assets in the form of encryption. It verifies your identity.
*this is not financial advice.
#doge#dogecoin#dogefam#dogearmy
💠Hot wallets vs Cold wallets
✏️Cold- No internet connection needed
✏️Cold- Access is limited
✏️Cold- Physical item
✏️Cold- Keys are stored in the wallet
✏️Cold- Dependent on you
*this is not financial advice
#dogecoin#doge#dogefam#dogearmy#dogetothemoon
💠Hot wallets vs Cold wallets
✏️Hot- Connected to the internet
✏️Hot- Easy access
✏️Hot- No keys to the wallet
✏️Hot- Dependent on company
📢Cold wallet information next...
*this is not financial advice
#dogecoin#doge#dogefam#dogearmy#dogetothemoon
✏️Exchanges may have integrated wallets
✏️Some may pay interest for keeping crypto (like a savings account)
✏️There are some increased security threats as it is all online
✏️You don't have "keys" or full ownership
*this is not financial advice
#dogefam#dogecoin#doge
✏️Exchanges convert fiat to Crypto
✏️They're a brokerage (intermediary) & help in the selling and purchasing of crypto between parties
✏️Most charge transaction fees dependent on the cryptocurrency bought/sold
*this is not financial advice
#dogecoin#doge#dogefam#dogearmy
📚Exchanges vs. Wallets
✏️Exchange: Purchase, sell & sometimes swap coins. Meant for short-term storage.
✏️Wallet: Holds cryptocurrency digitally. Meant for long-term storage. (More on this later)
*this is not financial advice.
#doge#dogefam#dogearmy#dogecoin
📚Where to get crypto?
💠Exchanges (see pinned tweet)
💠Wallets (limited)
💠Crypto ATMs
💠Mining
Exchanges vary by country. Follow for more details coming soon.
*this is not financial advice
#doge#dogecoin#Dogecoinarmy#DogeFam
📚Fiat-Currency issued by Governments (ex. USD)
Fiat Pros & Cons:
💠Con: Bank or Government controlled
💠Pro: Supply fluctuates to meet demand
💠Con: Subject to Inflation
💠Pro: Portable, easy to carry around (vs. gold)
*This is not financial advice
#dogecoin#doge#dogefam
‼️📢 PSA: Scams
📚Read the image below👇
If ever in doubt, reach out to the direct website for assistance. Any https://t.co/Qh6aqvT8nN link is not reliable!
Report these tweets when you see them.
#cryptocurrency#Crypto#dogecoin#DogeFam#dogearmy#doge
📚What is #cryptocurrency?
💠A digital asset/currency
💠It is decentralized (more on this later)
📚 What can it be used for?
💠To pay for goods & services
💠As a store of value
💠To send/receive money around the globe
*This is not financial advice
#dogecoin#dogearmy