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A Canadian's first real step into Bitcoin, not as hard as they say!

The first time I heard about Bitcoin was on the SecurityNow! podcast, episode 287. I remember Steve Gibson's thoughts on it were cautiously optimistic. The math checked out, but as with all good cryptographic technologies, only time will tell. That was in 2011. Do I regret waiting this long? Maybe. I don't know why I didn't just set up my own mining rig since at the time it was still somewhat feasible for a poor university student to get a cheap box with a couple of out-of-date graphics cards to eat up electricity (which was included in my apartment's rent at the time). I probably could have gotten a couple of 50 BTC rewards, but it just didn't seem worth the effort at the time. How wrong I was. I've been following bitcoin with a lot of interest since, although I've never actually gotten around to getting any.
Anyhow, onto this morning. I decided it was silly of me to continue paying such attention to bitcoin without even ever owning any. I never had any particular reason for keeping bits on hand, but if I were to buy any bitcoin I had better do it before the price gets much higher. I've seen lots of posts complaining about how difficult it was, so I tried to be smart about it. Here's what I did:
• Download Mycelium on my phone. Nice little wallet app.
• Sign up on
• Bought 130 CAD worth of BTC (mostly because that's all the free cash I had budgeted until next pay day).
• Sent a small test payment from my circle account to my mycelium wallet address.
I got it all set up in less time than it took me to type out this post! I just wanted to post this and let people know that it really isn't that hard to get into Bitcoin. The price is going crazy right now, so I definitely won't be putting my life savings into Bitcoin, but I think I'll probably treat it like an extra TFSA for a while, and just put some extra money into it from each paycheque. Just wanted to share!
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Security Now 248: The Portable Dog Killer KRACKing WiFi - Security Now 633 The Year's Best - Security Now 747 The Internet of Troubles - Security Now 754 24/7 Live Bitcoin Price and Significant Trades

A little over a year ago, I heard a podcast with computer security expert Steve Gibson discussing a relatively new experimental digital currency called Bitcoin. It seemed interesting, and after examining the open code to the digital currency, Mr. Gibson seemed to think the cryptographic Bitcoin system seemed very sound. Bitcoin Aussie System is a creation of Jasper Boyle that claims to offer full autopilot services in a tailor-made form, especially for the Australian people. The project seems to provide a lucrative opportunity that couldn’t escape our eyes, thus our decision to investigate further. TOM MERRITT: This is Security Now!, with Steve Gibson, Episode 287, recorded February 9, 2011: BitCoin CryptoCurrency. It's time for Security Now!, the show you need to listen to if you want to be safe on the Internet. Leo Laporte: This is Security Now! with Steve Gibson, Episode 396, recorded March 20th, 2013: Telnet-pocalypse. It's time for Security Now!, the show that protects you and your loved ones online, your privacy, your security and all that jazz. And, boy, there's never been a better time for the Explainer in Chief, Steve Gibson, than right now. BOSTON, June 28, 2018 /PRNewswire/ -- Gibson Sotheby's International Realty's condominium sale at Maison Vernon has set an impressive record for Boston's Beacon Hill.Listing agent Beth Dickerson ...

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Security Now 248: The Portable Dog Killer

11:47 - Bitcoin Price: is it a correlated asset and are we out of the woods?! 16:25 - What you need to know about cyber security during this pandemic 19:00 - How you can contribute to a COVID-19 ... Hosts: Steve Gibson, Leo Laporte ... You can submit a question to Security Now! at the GRC Feedback Page. ... Security Now 643: The Story of Bitcoin - Duration: 57:35. Hosts:Steve Gibson with Leo Laporte DigiNotar mega-update, DNS hack of NetNames, TCP demystified, and more. Download or subscribe to this show at We invite you to read, add to, and ... Hosts: Leo Laporte, Steve Gibson The U.S. Congress passed a new eMail privacy act, Edward Snowden and Fareed Zakaria debate, the still unresolved fingerprint... 24/7 Live Bitcoin Price and Significant Trades This stream shows the Bitcoin Price, Bitcoin Price on global exchanges, and bitcoin trading! This is an automated stream.