Post
Topic
Board Bitcoin Discussion
Merits 5 from 2 users
Topic OP
A lot has changed in 10 years!
by
Ratters
on 24/02/2024, 17:11:01 UTC
⭐ Merited by BlackHatCoiner (4) ,criptoevangelista (1)
As the title says...

I am back after a crypto sabbatical of around 10 years and its a new world!

Things are so much more complex now, the amount of different networks for a start is confusing.

I am doing my best too get up to speed again (any reference points greatly appreciated)

I guess my main point is:

Years ago I created offline wallets for each of my kids that I still have control of. Back then it was easy (and free) to just throw a few sats into each from trading profits whenever I felt like it, also to my main wallet which was Multibit. enter address - set fees - send... 10 mins check blockchain and done. It's so much more complicated now. It was prohibitively complicated for non tech savy people 10 years ago but now I'm not surprised people are scared to get involved and opt for easy closed source solutions that ultimately end up in them being rugged.

So... what I would like to know is, what is the easiest way (if any) to continue to top up my kids 1BTC wallets without losing half to fees? Should I just sweep them and start again? I am reluctant to do that as they have their names in the address which I thought was cute.

As always, any advice is always appreciated & go easy on me, You'll be old soon!

Take care

Ratters