Why Crypto — Peaceful Vanilla Club

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Why use Bitcoin when I could simply be using PayPal? How do I swap my money for crypto?

Decentralized

Cryptocurrencies are supposed to be decentralized because they operate on a distributed ledger technology (blockchain) where transactions are recorded across a network of computers, removing the need for a central authority (like PayPal). This decentralization is advantageous as it enhances privacy, empowers individuals by giving them control over their finances, and reduces the potential for abuse of power by central entities. Reality is that Bitcoin is the only cryptocurrency that is truly decentralized, achieving true decentralization at the cost of requiring intensive electricity usage.

Safe

Cryptocurrencies are safe due to cryptographic security measures like encryption and consensus algorithms, ensuring secure transactions, data integrity, and resistance to fraud. Bitcoin is not a scam, but some people like to abuse of it’s privacy-friendly features to scam other people. Just pay attention when you buy or send your Bitcoin, and you will be 100% safe.

Better than PayPal

Cryptocurrencies excel over PayPal in safeguarding privacy due to their decentralized nature. Unlike PayPal, which relies on a centralized platform susceptible to data breaches and control by a single entity, cryptocurrencies operate on decentralized networks, minimizing risks of surveillance and abuse of power. While PayPal necessitates sharing personal information for transactions, cryptocurrencies offer pseudonymous transactions. Cryptocurrencies provide censorship resistance and empower financial inclusion, in contrast to PayPal’s centralized oversight.

Universal

Cryptocurrencies, notably Bitcoin, foster financial inclusion by enabling people without traditional banking access to participate in the global economy. This technology allows individuals in underserved regions or those without formal identification to engage in transactions, savings, and investments, thus reducing the financial disparity gap and granting more people the opportunity to benefit from economic activities.

Cheaper

Cryptocurrencies can be cheaper than standard payment gateways because they eliminate intermediaries, reducing associated fees. Implementing payments through the Bitcoin Lightning Network, a layer-2 solution built on top of the Bitcoin blockchain, revolutionizes value transfer by enabling instant, low-cost transactions. It achieves this by conducting off-chain transactions that are settled on the main blockchain later, significantly reducing congestion and fees. This innovation has the potential to make microtransactions, cross-border transfers, and everyday payments more efficient, cost-effective, and accessible to a wider population.

For your privacy

Cryptocurrencies are crucial in contemporary society for privacy due to escalating human rights threats from pervasive surveillance, data breaches, and security vulnerabilities. Privacy is foundational as it preserves personal freedoms, shields against surveillance’s erosion, combats data breaches, and fortifies security, fostering individual empowerment, digital autonomy, and a more equitable and secure world.

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Ok, but how do I swap my money for crypto?

These are the best ways…

Disclaimer

These ideas are just options and have no connection to Peaceful Vanilla Club or its owners. Be careful if you decide to use them, as there are risks involved. If you’re not completely sure, it might be best to avoid them. We can’t be held responsible if you lose money. To avoid problems, consider using simple services and only deal with Bitcoin — or even better, just stick to PayPal. It’s important to do your own research before making any decisions. Remember, this isn’t a financial advice.

Easiest ways to buy Bitcoin

The easiest ways to buy cryptocurrencies usually require a know-your-customer procedure. There are ways to buy crypto anonymously, but are more advanced and require some study before use.

Binance (Worldwide)
Binance provides a secure avenue for acquiring various cryptocurrencies, including Bitcoin, with the added benefit of supporting Lightning Network withdrawals. Enjoy the advantages of minimal fees and instant withdrawals, especially valuable when making purchases in our supporters store. However, be mindful that Binance does require KYC (Know Your Customer) compliance during the sign-up process, involving the submission of identification documents, which can impact your privacy.
Cash App (US & UK)
Cash App, a mobile payment service accessible in the United States and the United Kingdom, facilitates seamless money transfers through its mobile app. With Cash App, users can effortlessly purchase Bitcoin and send it either on-chain or via the Lightning Network, incurring minimal fees. The user-friendly interface enhances the overall experience. Keep in mind that KYC (Know Your Customer) compliance is necessary during the registration process, requiring the submission of identification documents, which may extend the sign-up duration.
Mt Pelerin’s Bridge Wallet (EU)
Explore the convenience of Mt Pelerin‘s app, Bridge Wallet, to effortlessly purchase a diverse range of cryptocurrencies. Enjoy the added benefit of buying Bitcoin on the Lightning Network, enabling fee-free transactions for seamless payments. Simply initiate a bank transfer or use a credit card, and your crypto will be promptly delivered upon Mt Pelerin’s receipt of the funds.

Exploring Alternatives to Bitcoin for payments: Monero.

Monero stands out as a great alternative to Bitcoin and other forms of crypto such as stable coins for payments online. Known for its strong privacy features, Monero keeps transactions confidential and untraceable, protecting both buyers and sellers. Unlike Bitcoin’s transparent ledger, Monero uses advanced cryptography to ensure privacy, making it perfect for customers who value discretion. Plus, Monero’s fungibility means its value isn’t affected by transaction history. By accepting Monero, we’re offering a more secure and private shopping experience, tailored to meet the needs of our diverse clientele.

Considering Other Centralized Exchanges.

If you’re wondering why we haven’t discussed platforms like Coinbase or Crypto.com, it’s because they lack support for Lightning Network withdrawals as of now (15/Jul/2024).

Avoiding KYC for privacy and ease of use.

Seeking an alternative to centralized exchanges? Bisq emerges as a compelling choice. As a decentralized exchange with a privacy-centric approach, Bisq allows users to buy crypto without undergoing verification (KYC). You might question why it’s not part of our recommended platforms. The reason is simple – for newcomers, the intricacies of Bisq might be overwhelming. For a more user-friendly option, RoboSats could be considered: it requires some technical know-how like using TOR, but it supports Lightning Network for almost fee-less and instant payments. Another option would be Peach Bitcoin – an efficient and secure app for purchasing crypto directly from crypto users via Revolut or PayPal. Benefit from instant, person-to-person trades with the assurance of Peach Bitcoin providing support and refunds in unforeseen circumstances. No tedious document submissions, emails, or signups are needed; simply download the app. The service stands out for its seamless experience, allowing users to buy or sell Bitcoin directly without any signup or KYC requirements.

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