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No account at Coinbase or any other online exchange is required to own bitcoin. In fact, to have someone else hold your money is against the spirit of Bitcoin.
by hotcool 11y ago
No account at Coinbase or any other online exchange is required to own bitcoin. In fact, to have someone else hold your money is against the spirit of Bitcoin.
Everyone is their own bank. All you need is a Bitcoin wallet and I recommend exactly that app, Bitcoin Wallet: https://play.google.com/store/apps/details?id=de.schildbach.wallet https://play.google.com/store/apps/details?id=de.schildbach....
There are many others as well. BitPay has a user-friendly one called Copay: https://play.google.com/store/apps/details?id=com.bitpay.copay https://play.google.com/store/apps/details?id=com.bitpay.cop...
- grahamburger 11y agoYou still have to get some bitcoin somehow, though, which like GP says may not feel that much different to the average user than pre loading funds into a Flattr account.
- StavrosK 11y agoRecommending Bitcoin wallet over mycelium? How come? Mycelium is fantastic.