Gar bear on Nostr: yes, I wrote it off as a Giffen good. even buying it initially on an exchange was ...
yes, I wrote it off as a Giffen good.
even buying it initially on an exchange was still not enough to understand what Satoshis were.
when i finally tried cold storage (actually it took a few months more because I first got a Ledger, and their software doesn't make it clear that there are separate UTXOs so i ended up with Blockstream Jade ) and understood what Satoshis were, someone on here said:
"Satoshis don't exist, they just measure UTXOs"
So that further accelerated the fall into the rabbit hole
I'm sorry I like to take out all my aggression on Ledger. but why did they leave me in the dark for so long about UTXOs? I'm sure I clicked around in their software enough to have discovered where they showed individual UTXOs, but thankfully I was adventurous to try another product (Jade) and that clearly showed different "coins" and the cost to combine them.
I'm having the same issue now with BitKey. I don't know what it does with individual small UTXOs on the wallet. Does it just automatically consolidate them for me when I send transactions? will i be left with unspendable chunks in the future?
even buying it initially on an exchange was still not enough to understand what Satoshis were.
when i finally tried cold storage (actually it took a few months more because I first got a Ledger, and their software doesn't make it clear that there are separate UTXOs so i ended up with Blockstream Jade ) and understood what Satoshis were, someone on here said:
"Satoshis don't exist, they just measure UTXOs"
So that further accelerated the fall into the rabbit hole
I'm sorry I like to take out all my aggression on Ledger. but why did they leave me in the dark for so long about UTXOs? I'm sure I clicked around in their software enough to have discovered where they showed individual UTXOs, but thankfully I was adventurous to try another product (Jade) and that clearly showed different "coins" and the cost to combine them.
I'm having the same issue now with BitKey. I don't know what it does with individual small UTXOs on the wallet. Does it just automatically consolidate them for me when I send transactions? will i be left with unspendable chunks in the future?