Can someone please walk me through this? I have downloaded the coinbase app and have a wallet app, and now I'm ready to buy. But, I just need assurance. Is there any possibility of losing this money once I move it? Who uses it? How? Is it secure? Just need to know that smart people other than Dave from x22 are buying this and that its a strong move.
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you're going to get a ton of idiots offering their free financial advice to buy the "next bitcoin"
this is a clear demonstration of their lack of understanding what they're talking about. Bitcoin is not a company. There is no "next bitcoin". This isn't Myspace. This is akin to TCP/IP, a protocol that layers are built on top of.
nearly every "crypto" project has had a pre-mine, meaning a sum of the total tokens for that asset are gifted to the projects investors/stakeholders - this is just a rebranding of the typical broken fiat system.
https://unchained-capital.com/blog/bitcoin-is-the-great-definancialization/
bitcoin is the product, blockchain is the protocol.
Your time and money are the products, taking them from you is the protocol.