spyrology

bitcoin

bitcoin_beginners

New service for stacking no-KYC + free (gifted) sats

Glad you asked. Transparency is important.

Thank you so much. She'll be happy to hear this.

Mercuryo is our current fiat-to-crypto onramp, and DFNS is our wallet provider. We mention both in our FAQ and Terms, and Mercuryo can't be missed when making a purchase.

Yep. Web 2.0 wrapped around a thin Bitcoin layer (via third-party services).

Happy and relieved to finally introduce [fundmypiggy.com](https://fundmypiggy.com/?utm_source=stackernews) to the community. We're a crowdfunding platform that turns cash gifts into real Bitcoin. Our model is fully on-chain and non-custodial.


**WHY**
There are three pesky problems with gifting Bitcoin that we directly address:

1. Bitcoiners typically don't want to spend their Bitcoin (too much friction to take out of cold storage, and/or would rather HODL)
2. Nocoiners don't have any Bitcoin to spend
3. Gift cards are kinda lame; real Bitcoin straight to your own wallet is better


**HOW**
With our service, gifting doesn't require anyone to spend their own Bitcoin or know anything about Bitcoin. Gifts are processed using familiar fiat payment methods. The magic is that those cash gifts are turned into real UTXOs (not a gift card) and sent to a wallet only the saver controls. And it's easy enough that even grandma can do it to gift Bitcoin to her grandchild (assuming grandma knows how to use a passkey). She just needs to know how to use her debit card, said passkey, and "hit send" to her grandchild's name.

Every gift involves two on-chain transactions: first to the gifter's wallet, then to the saver's. All of this happens directly on site, without seed phrases or alphanumeric strings.


**FOR WHOM**
**- Parents** saving for college
**- Creators** looking for fan support to build a treasury; and as a complement to their Patreon/Buy Me a Coffee (business checking)
**- Anyone\*** looking to fund a long-term initiative, such as a career change or project

*We call this group "doers" because we couldn't think of a better term. :/


A low time preference + long-term planning + Bitcoin = generally a good approach to making shit happen in life. This is the ethos that underpins our service.


**BENEFITS**
**To Savers:** stack no-KYC gifted sats for free, real UTXOs to a wallet only they control, free withdrawals anytime (minus network fee), separately tracked balances and performance for each fundraiser
**To Gifters:** arguably the most convenient way to directly gift someone UTXOs that doesn't require any Bitcoin knowledge
**To Bitcoin:** drives usage a medium of exchange, helps fill half-empty blocks, and increases fee competition to fight spam

We've been building this for a long time and have had to overcome quite a few challenges to make it work. We hope the community finds the service useful, and we would be honored to receive your feedback. Cheers.

Building [Fund My Piggy](fundmypiggy.com) to help Bitcoiners stack gifted sats