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Author Topic: Paying using bitcoin  (Read 197 times)
lovesmayfamilis
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February 25, 2024, 12:50:29 PM
 #21

You can turn off tracking trackers on your mobile phone and use it without a SIM card, which is much more convenient than carrying a bulky laptop. But you still need an Internet connection, so if you know the price of the product, wouldn’t it be more convenient to transfer the required amount to your phone in advance and use Wi-Fi solely to pay for the product? I don’t think that while connecting the phone to Wi-Fi and paying, any surprises can happen. Everything needs to be done quickly and carefully.

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February 25, 2024, 02:55:23 PM
Merited by NeuroticFish (2)
 #22

I do not have a smart phone nor do I want one, (don't like being tracked) so how can I use my bitcoin.
Do you have a mobile phone? It also tracks very well.

I understand how to buy on line but what about in shops etc. or is that not possible without a smartphone. Is there some sort of bitcoin credit card?
thanks in advance
Alan
You can come up with a more complicated method.
Place bitcoin in an amount sufficient to purchase the item on your wallet. Write out the seed phrase of your wallet and give it to the seller. He gains access and transfers bitcoin to himself. Something like this.


You can turn off tracking trackers on your mobile phone and use it without a SIM card, which is much more convenient than carrying a bulky laptop.
Turn off is not a panacea.

Removing the SIM card will not change anything. Any phone is tracked by IMEI.

Laptops come in small sizes and with the right level of security (measures taken) it is better for confirming bitcoin transactions (large sums) than a smartphone.

But you still need an Internet connection, so if you know the price of the product, wouldn’t it be more convenient to transfer the required amount to your phone in advance and use Wi-Fi solely to pay for the product?
However, this method is more practical so as not to carry all your assets with you. OP wasn’t going to buy a sports car or a house this way, was he?

I don’t think that while connecting the phone to Wi-Fi and paying, any surprises can happen.
No surprises. Just connecting to Wi-Fi most often requires confirmation via a mobile phone number to gain access (in my country, most public Wi-Fi requires this).

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February 25, 2024, 04:02:25 PM
 #23

You would need to use a device for that in order to be able to send payment if you find a store that accept Bitcoin. For you to pay is to send the payment to the store. Don't worry about where to send because online store will automatically generate a qr code once you submitted your order or you will see an wallet address and the amount needed to pay and of course, the transaction fee is not included since they only ask you to pay a certain amount and you will need the wallet you use to store bitcoin to pay the amount of your purchase.


Turn off is not a panacea.

Removing the SIM card will not change anything. Any phone is tracked by IMEI.

Laptops come in small sizes and with the right level of security (measures taken) it is better for confirming bitcoin transactions (large sums) than a smartphone.
I think it will work using the phone without a sim card and will only turn the device on when sending a payment then once it is done then the phone should be turned off after disconnecting the internet where OP may have connected. If I am not clear about it then this is what I mean, mobile phone ON, connect internet, send payment, disconnect internet, mobile phone OFF (A phone without a sim card and turned off tracking trackers).

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February 25, 2024, 04:39:36 PM
 #24

You called Legder Nano a cold wallet? I don't think so because you need the internet to send your bitcoin from that wallet to the receiver, and also Ledger is a closed source hardware wallet, I don't know why every newbies are making decisions themselves, why buy Ledger? Anyway, there is no turning back now.

You will receive a special Bitcoin address if you are shopping on a online marketplace that accepts Bitcoin as means of payment, all you need to do is either scan the QR code and send the exact amount you are told to pay or copy the address manually, it's not hard at all, it's just like moving Bitcoin into an exchange address, roughly the same.

After sending the exact amount, wait for some seconds to minutes, the marketplace payment service will detect incoming transaction from you, and viola you will get your purchased product once the transaction block is completed.

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February 25, 2024, 06:54:29 PM
 #25

You called Legder Nano a cold wallet? I don't think so because you need the internet to send your bitcoin from that wallet to the receiver, and also Ledger is a closed source hardware wallet, I don't know why every newbies are making decisions themselves, why buy Ledger? Anyway, there is no turning back now.


Isn’t ledger a cold wallet? It is definitely a cold wallet all hardware wallets are. Also avoid the misconception cold wallets still needs internet devices to help propagate their signed transactions to the network. No wallet does offline broadcasting of transactions. With ledger you get a device and install ledger live or wallets hot like electrum to how broadcast the transaction, the main hardware wallet which holds the private key only signs transactions offline and send it to the hot wallets either through usb or QR code this prevents the connecting of the hardware wallet with internet devices and there by keeping the private key off the internet which is the sole purpose of hardware wallets (keeping seed phrase or private keys stored away from the internet). So your cold wallet still needs internet devices for transactions broadcasting.

I wouldn’t blame OP much on the choice of ledger been is wallet, they were actually one of the sorted after wallets in the past before they screwed up and got exposed. So maybe OP bought it a long time ago. My advice is OP changes the wallet and go for another open source wallet.

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