Ash's avatar
Ash
npub1ftew...jpgu
How do the unbanked typically buy bitcoin? I was part way into orange pilling a client today when she asked me this and i was stumped. Is it through ATM’s mostly? Are they very common? I assume some get paid directly in crypto. Am I missing any other ways?
Looking for advice. If I am helping my nephew get off zero and he likely has a very slow path of accumulating bitcoin in the years ahead, given his debt and lack of much extra after bills to save/invest, is he better off stacking on layer 2’s? I realize mempool is currently not full but years down the line if he doesn’t have a sizeable amount of sats, he could be priced out of transactions? At least that’s my basic understanding. Maybe it’s too early to be concerned with that? Appreciate any wisdom or corrections to my thinking.