Frequently Asked Questions

Frequently Asked Questions


General Questions

How can I afford Bitcoin? The price is so high!

Good news! You don’t have to buy one whole Bitcoin.  Just like $1 converts to pennies, 1 Bitcoin converts to 100,000,000 smaller units called Satoshis, or “Sats” for short.  Regardless of the current price, you can buy $20 or $100 worth of Bitcoin and “stack sats”. 

How do I acquire bitcoin?

Where you acquire your bitcoin will depend on where you live and the options available to you there.  If you live in the United States, we strongly recommend  They are Bitcoin only, have some of the lowest fees out there and are heavily involved in Bitcoin education.  Other exchanges with good reputations include Kraken and Gemini.  If you prefer to use your mobile, Cash App and Strike are great apps to use.  Avoid using Robinhood or Paypal to purchase Bitcoin at this time.

Who Controls Bitcoin?
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What gives Bitcoin value?
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Is Bitcoin a Ponzi Scheme?
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Does Bitcoin use too much energy?
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