1 00:00:00,690 --> 00:00:06,740 Now that we discussed the different methods of buying bitcoins and getting it into your wallet and this 2 00:00:06,740 --> 00:00:12,930 lecture I want to show you how to buy bitcoins with cash using a bitcoin A.T.M.. 3 00:00:13,080 --> 00:00:19,530 Now like I said because we're using cash this method can be anonymous as long as there are no cameras 4 00:00:19,560 --> 00:00:20,820 at the A.T.M.. 5 00:00:20,820 --> 00:00:28,980 And as long as you practice proper OPSEC The only limitation here is if there are no bitcoin 80 M's 6 00:00:29,250 --> 00:00:30,780 in your country. 7 00:00:31,050 --> 00:00:37,050 If you're not sure if there are any eighty M's in your country or not you can check out this website. 8 00:00:37,110 --> 00:00:39,440 Coin A.T.M. radar dot com. 9 00:00:39,600 --> 00:00:43,150 I will include this link in the resources of this lecture. 10 00:00:43,150 --> 00:00:49,740 And as you can see very easy to use all you have to do is type your address here or if you go down you'll 11 00:00:49,740 --> 00:00:56,820 see a nice map that we have in here with all of the countries in the world with the amount of 80 MS 12 00:00:56,820 --> 00:00:58,230 that they have. 13 00:00:58,230 --> 00:01:04,350 This map will actually show you 80 MS for a number of crypto currencies not only bitcoins. 14 00:01:04,350 --> 00:01:09,960 So you can filter them from this list and here you can filter whether you want to buy or sell crypto 15 00:01:10,200 --> 00:01:13,360 or you can filter based on their location type. 16 00:01:14,460 --> 00:01:17,040 I'm in Ireland so I'm going to zoom in in here. 17 00:01:17,040 --> 00:01:22,650 And even though it seems like there are no 18 Ms in Ireland when we zoom in a little bit as you can 18 00:01:22,650 --> 00:01:24,800 see we can see that there are three. 19 00:01:24,940 --> 00:01:29,680 And if I keep zoom in here we can see that there is one in Dublin where I live. 20 00:01:29,910 --> 00:01:32,950 And if I click on it I'll get more details. 21 00:01:32,970 --> 00:01:39,060 You can see in this A.T.M. we can only buy bitcoins we cannot sell but that's what I want to do so that's 22 00:01:39,060 --> 00:01:40,080 fine. 23 00:01:40,470 --> 00:01:42,430 We can buy bitcoins and Ethereum. 24 00:01:42,450 --> 00:01:48,720 That's another cryptocurrency And we can only buy these currencies with euros. 25 00:01:48,720 --> 00:01:57,050 So what they mean here by fiat is the actual the real life currency that you can exchange for crypto. 26 00:01:57,120 --> 00:02:02,450 Now if you click on a few details you'll get more details about this particular A.T.M.. 27 00:02:02,610 --> 00:02:07,790 You'll see your viewers you'll see their e-mail you'll see the location. 28 00:02:07,860 --> 00:02:15,060 You'll even see a comparison between it and the close by ATMs and obviously you can see its location 29 00:02:15,060 --> 00:02:16,540 in here. 30 00:02:16,620 --> 00:02:23,280 Now before I go into the A.T.M. it's a good idea to create another wallet because the wallet that we 31 00:02:23,280 --> 00:02:24,900 created previously. 32 00:02:24,900 --> 00:02:31,080 Like I said it uses the segue with address which is the latest type of address that you can use with 33 00:02:31,080 --> 00:02:32,170 Bitcoin. 34 00:02:32,310 --> 00:02:38,580 But I actually mentioned in that lecture that not all websites and I should have said not all 80 ATMs 35 00:02:38,880 --> 00:02:40,490 except that kind of address. 36 00:02:40,500 --> 00:02:43,740 So they want to be able to transfer money to that address. 37 00:02:43,740 --> 00:02:49,350 So it's a good idea to create two wallets one with the legacy option and one with the Segway. 38 00:02:49,590 --> 00:02:55,370 And bring the QR code of that wallet so you can transfer money to it. 39 00:02:55,410 --> 00:03:02,960 So I'm gonna go to tell us real quick to create a legacy wallet so as usual I'm going to start electronic 40 00:03:02,980 --> 00:03:10,860 that will click at and instead of logging into our existing wallet the one that we created before I'm 41 00:03:10,860 --> 00:03:16,350 actually going to type a new name here for a new wallet and I'm going to call this one John Wick legacy 42 00:03:16,530 --> 00:03:18,780 because it's going to use a legacy address. 43 00:03:19,500 --> 00:03:21,460 I'm going to click on Next. 44 00:03:21,750 --> 00:03:26,790 We're going to keep this at a standard wallet and we're going to choose that we want to create a new 45 00:03:26,820 --> 00:03:33,160 seed and in here instead of keeping this ad segment we're going to change it to legacy. 46 00:03:33,210 --> 00:03:36,630 So it creates a legacy address for us. 47 00:03:36,630 --> 00:03:42,360 Now again it's going to give us the seed I'm going to copy this and I'm going to put it in a text editor 48 00:03:44,400 --> 00:03:45,960 and they'll copy it again. 49 00:03:45,960 --> 00:03:53,870 So in the next window of pasted here click on Next set a password to encrypt the wallet 50 00:03:56,640 --> 00:03:57,280 and perfect. 51 00:03:57,280 --> 00:03:57,700 That's it. 52 00:03:57,700 --> 00:03:59,410 Now the wallet is created. 53 00:03:59,440 --> 00:04:01,120 It's called John Wick legacy. 54 00:04:01,120 --> 00:04:07,870 And like I said the whole point of this is to have a legacy address in case we're receiving money from 55 00:04:07,870 --> 00:04:13,630 a Web site that doesn't support the latest segue with addresses or a for transferring money from an 56 00:04:13,630 --> 00:04:18,160 A.T.M. that doesn't support the latest tag with addresses. 57 00:04:18,190 --> 00:04:24,310 So if we go on receive you can see the address in here and note that this time the address starts with 58 00:04:24,310 --> 00:04:25,450 number one. 59 00:04:25,450 --> 00:04:31,990 This means that it is a legacy address in the previous lecture when we created a segue with address. 60 00:04:31,990 --> 00:04:34,400 You'll notice that the address starts with B. 61 00:04:34,450 --> 00:04:37,630 So if it starts with one that means it's a legacy address. 62 00:04:37,630 --> 00:04:41,590 If it starts with B then it's a segue with address. 63 00:04:41,590 --> 00:04:46,040 Now what's really important for us in here is the QR code. 64 00:04:46,120 --> 00:04:53,110 So I'm going to click it and either take a picture of it with your phone or take a screenshot and send 65 00:04:53,110 --> 00:04:59,620 it to your phone because you're going to need this in order to transfer money to this wallet. 66 00:04:59,620 --> 00:05:06,340 So now that we have the QR code of our wallet and we have we already have the address of the A.T.M. 67 00:05:06,640 --> 00:05:15,200 all we have to do is go to that A.T.M. and transfer money to our wallet Okay so now I'm at the sharp 68 00:05:15,200 --> 00:05:19,610 end at the A.T.M. that we found on A.T.M. radar dot com. 69 00:05:19,610 --> 00:05:25,580 Now keep in mind using the A.T.M. might be slightly different but the general idea is the same. 70 00:05:25,580 --> 00:05:30,320 It's actually very very simple similar to using any A.T.M. you tap on the screen. 71 00:05:30,350 --> 00:05:35,030 You follow the instructions and everything should work as expected. 72 00:05:35,030 --> 00:05:41,570 So as you can see on the top right it's showing us the current exchange rate for both Bitcoin and ethereal. 73 00:05:41,570 --> 00:05:45,980 Like I said if you is just another crypto that this A.T.M. allows you to buy. 74 00:05:46,910 --> 00:05:52,400 So I'm going to tap the screen to start and I'm going to choose bitcoin because I want to buy bitcoin 75 00:05:52,790 --> 00:05:59,480 and I'm going to choose buy because I want to buy not sell and I'm going to select the first option 76 00:05:59,480 --> 00:06:09,380 on the left to buy up to 250 euros because I only want to buy 20 euros worth of bitcoins. 77 00:06:09,580 --> 00:06:13,870 Now it's asking me to provide the address of my wallet. 78 00:06:13,870 --> 00:06:20,080 Like I said to do this we're going to use the QR code of the legacy wallet that we created. 79 00:06:20,380 --> 00:06:24,250 As you can see I already have a picture of it here on another phone. 80 00:06:24,250 --> 00:06:28,990 And all I have to do is just Canada in here so it can decode properly. 81 00:06:29,110 --> 00:06:32,550 If the code was not scanned it'll show you an error. 82 00:06:32,560 --> 00:06:38,680 Now it's telling me that I should put the cash money that I want to exchange for bitcoins. 83 00:06:38,680 --> 00:06:43,580 So again you can see the LCD light on the top right for where you should put the money. 84 00:06:43,600 --> 00:06:49,480 I'm going to put my 20 euro note in here and as you can see on screen is telling me that it detected 85 00:06:49,480 --> 00:06:57,790 20 euros and that will be exchanged for zero point zero zero one five for four bitcoins. 86 00:06:57,790 --> 00:07:01,280 So in our wallet our wallet and micro bitcoins. 87 00:07:01,360 --> 00:07:06,510 This will be equal to one point five for four micro bitcoins. 88 00:07:06,580 --> 00:07:07,540 That's fine. 89 00:07:07,540 --> 00:07:12,630 We're going to click on the green button to buy the bitcoins and perfect. 90 00:07:12,780 --> 00:07:13,220 That's it. 91 00:07:13,230 --> 00:07:18,000 As you can see it's telling us that the transaction is complete. 92 00:07:18,110 --> 00:07:20,930 You can click on send the receipt to receive a receipt. 93 00:07:21,020 --> 00:07:26,130 But this will ask you for a phone number or an email to receive a copy of the receipt. 94 00:07:26,210 --> 00:07:32,120 So you might not want to provide that if you want to stay as private and anonymous as possible. 95 00:07:32,370 --> 00:07:33,050 And that's it. 96 00:07:33,050 --> 00:07:38,390 Now you want to give it a few minutes and the money should appear in your bitcoin wallet. 97 00:07:40,050 --> 00:07:46,730 And as you can see in here in my John Wick legacy wallet the one with the legacy address. 98 00:07:46,920 --> 00:07:52,140 And as you can see in the history we can see that we get a transaction it's a plus on here. 99 00:07:52,140 --> 00:07:58,350 So that means money went into the wallet not outside of the wallet and the amount of it is one point 100 00:07:58,350 --> 00:08:01,260 five four four micro Bitcoin. 101 00:08:01,260 --> 00:08:08,010 So again at the balance in here it's one point five four four micro bitcoin not bitcoin. 102 00:08:08,010 --> 00:08:11,430 And obviously the final balance because we had zero again. 103 00:08:11,490 --> 00:08:13,540 It's one point five four four. 104 00:08:13,560 --> 00:08:21,360 So now we can actually use this wallet to send money to other addresses to other sellers and so on. 105 00:08:21,360 --> 00:08:28,380 You can even use this tab in here to send money to our other wallet to the wallet that uses the Segway. 106 00:08:28,500 --> 00:08:30,090 Not the legacy address.