EAWF Bitcoin and Lightning Accepted Here!

Bob Holden - Business Technology Consultant

Welcome to EAWF.com!

Bitcoin is the best money in the world because third parties(like banks and governments) can never have physical control over it, providing that you hold and secure your private keys, and once you've moved your currency into bitcoin, it's YOURS, and like precious metals or gems, YOU are responsible for it.

Greetings! I'm Bob Holden, owner of EAWF.com. My journey as a Business and Computer Systems professional began in 1971. Over the last half century, I've been privileged to provide a multitude of businesses with practical and affordable web-based solutions to meet their unique needs.

My understanding of finance, like many others, used to be fairly traditional. However, observing the financial crises of 2001, 2008, and 2013 led me to question and explore the inner workings of our financial systems. This curiosity led me to uncover aspects of our global financial structure that concerned me.

In 2016, I was introduced to an innovative concept: a monetary system that was permission-less, impervious to confiscation, and open to anyone willing to do the work required to safeguard their own hard-earned money. In other words, "Self-Custody". This was my first encounter with the world of cryptocurrencies, an area that piqued my interest immensely. Digging deeper, I found that the landscape of cryptocurrencies was dominated by Bitcoin, but also included a vast array of other scary and un-exciting options, most of them scams or self-promotion ponzi schemes.

For four years, I applied myself to learning about this emerging field. I experimented, read widely, and conducted extensive research, focusing on the leader in the field, Bitcoin. By 2020, I had gained a solid foundation that I felt could benefit others. As the global pandemic struck, I saw an opportunity to make a positive impact. and decided to shift my focus from my web hosting business, devoting my time and energy to help others navigate the world of cryptocurrencies safely and securely, thereby promoting financial stability.

If you think it is time for you to start your journey towards financial freedom and learn about Bitcoin, Contact Me.

FAQ's & News

I Have A Bank Account. Why Do I Need Bitcoin?

There are several potential dangers associated with using fiat currency and the traditional banking system for personal finances:

  • Inflation: Over time, the value of fiat currency can decline due to inflation, which occurs when the supply of money increases faster than the demand for goods and services. This can lead to a decrease in purchasing power, meaning that you need more money to buy the same things you could previously.
  • Financial Instability: The traditional banking system is susceptible to financial crises and instability, which can result in decreased confidence in the currency and the financial system as a whole. This can lead to bank runs, where people withdraw their money all at once, and can result in a loss of savings.
  • Government Intervention: Governments can also interfere with personal finances through monetary policy and regulations, such as interest rate changes, capital controls, and tax policies. The English historian Lord Acton wrote in a letter in 1887: "Power tends to corrupt, and absolute power corrupts absolutely." You can research many incidents of this in recent and past history.
  • Cybersecurity Risks: As more and more financial transactions are conducted online, there is an increased risk of cyber attacks, such as hacking and identity theft, which can result in a loss of funds or personal information.
  • Limited privacy: Traditional banks keep records of all transactions and personal information, which can be accessed by the government or other third parties. This can limit your financial privacy and expose you to potential risks.

It's important to be aware of these potential dangers and to take steps to protect your personal finances, such as diversifying your investments, regularly monitoring your accounts, and using secure methods for online transactions.

What is Bitcoin? (Basic Overview)

Bitcoin, created in 2009, is a decentralized digital currency enabling peer-to-peer transactions without intermediaries like banks. Similar to electronic cash, it can be used for online or in-person purchases. Its security and transparency are ensured by the public blockchain ledger, making cheating or theft difficult. Bitcoin's value can be volatile, as it lacks government backing, but many believe it has potential as a widely used payment method. This innovative technology is transforming how people perceive and utilize money.

What is Bitcoin? (Detailed Version)

Bitcoin is a decentralized digital currency that has been around for over 16 years now. Despite its relatively short history, it has managed to capture the attention of people from all walks of life, from tech enthusiasts to finance professionals. The reason for its popularity is simple: Bitcoin offers numerous benefits that traditional currencies simply can't match. In this article, we'll explore some of the key benefits of Bitcoin and why it's worth considering as an alternative to traditional currencies.

  • Decentralization

    One of the defining features of Bitcoin is that it operates on a decentralized network, meaning there is no central authority controlling it. Instead, transactions are verified by a network of users, making it much more secure and resistant to manipulation or interference by any one entity. This also eliminates the risk of currency devaluation, as there is no central authority that can print more money, thereby decreasing its value.

  • Security

    Another major benefit of Bitcoin is the security it offers. Transactions are recorded on a public ledger known as the blockchain, which is maintained by a network of users. This makes it almost impossible for anyone to falsify transactions or steal funds. Furthermore, users have complete control over their own funds, with no need for intermediaries like banks.

  • Low transaction fees

    Traditional financial institutions often charge high fees for transactions, especially for international transfers. With Bitcoin, transaction fees are typically much lower and can be as low as a few cents, making it a cost-effective option for people who need to send money across borders.

  • Speed and convenience

    Bitcoin transactions are processed much faster than traditional bank transfers. This is because the decentralized nature of the network means that there is no need for intermediaries like banks to verify transactions. This makes it a convenient option for people who need to send money quickly and efficiently.

  • Borderless

    Another advantage of Bitcoin is that it is borderless, meaning that it can be used anywhere in the world as long as there is an internet connection. This makes it an ideal option for people who travel frequently or who have family and friends in different countries.

  • Privacy

    Finally, Bitcoin offers users a high level of privacy. Transactions are recorded on the blockchain, but the identity of the users behind them is not revealed. This makes it a secure and private option for people who value their financial privacy.

In conclusion, Bitcoin is a revolutionary technology that offers numerous benefits over traditional currencies. Its decentralized nature makes it more secure, its low transaction fees make it a cost-effective option, and its speed and convenience make it an ideal option for people who need to send money quickly and efficiently. If you're looking for an alternative to traditional currencies, it's definitely worth considering.

If you're ready to take the next step in educating yourself about Bitcoin and cryptocurrencies, reach out to Bob Holden for expert guidance and support. Bob is a seasoned Bitcoin educator with years of experience helping people understand the complexities of this revolutionary technology. With his help, you'll be able to gain a deeper understanding of how Bitcoin works, what its potential is, and how you can use it to your advantage. Call him today! Contact information is found on our Contact Us.

Is Bitcoin Dead?

Despite the best attempts of its detractors, being pronounced dead by the media, and being attacked by hackers 24/7 for the last 16 years, it remains the single best secure asset class designed to store your wealth and keep control of it in your own hands. To learn more, contact me.

The 7 Stages of Grief (Bitcoin Version)

The 7 stages of Bitcoin grief is a humorous take on the emotional journey that some people may go through as they experience the ups and downs of the cryptocurrency market. The stages are:

  • Denial: Refusing to believe that Bitcoin is a legitimate currency or investment opportunity.
  • Anger: Feeling frustrated and angry when the price of Bitcoin drops or when someone criticizes the currency.
  • Bargaining: Trying to find ways to make up for losses or missed opportunities by making riskier trades or investments.
  • Depression: Feeling hopeless and helpless as losses accumulate or when the market experiences a prolonged downturn.
  • Acceptance: Coming to terms with the realities of the market and the risks involved in investing in Bitcoin.
  • HODLing: Refusing to sell Bitcoin and instead holding onto it for the long term.
  • Moon: Believing that Bitcoin will skyrocket in value and bring massive profits, leading to a sense of euphoria and excitement.

How To Prove You Are Satoshi Nakamoto

There are many charlatan's in the bitcoin world, most notoriously one of the creators of an alt-coin based on bitcoin's code purporting to be Satoshi Nakamoto.

Fortunately, with Bitcoin, there is an absolute, and simple, way that the REAL Satoshi can step up and PROVE that he's who he says he is.

We know that Satoshi was the person who mined the Genesis block, so he/she should be easily able to SIGN A MESSAGE using the private key of the Genesis Block Coinbase transaction(1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa).

So, using that address, or ANY of the Coinbase Addresses that hold Satoshi's 1 million Bitcoin is irrefutable evidence that you are who you say you are.

So, on October 19th, 2022, the Norweigian court found that, as stated in the transcript: "In a situation where the plaintiff has not succeeded in, nor does he wish to, provide cryptographic evidence that can support his claim to be Satoshi Nakamoto, the court believes that he must accept that there is a debate as to whether he is who he says he is."

Not that bitcoin really needs you to stand up, Satoshi, but if you ARE going to reveal yourself, we're patiently waiting to verify your identity.

Own A Hardware Wallet? MUST READ!!!

If you are contacted by email from what appears to be your Hardware Wallet Manufacturer, investigate the senders eMail thoroughly. If it's not the true sender, DELETE THE EMAIL IMMEDIATELY and DO NOT CLICK ON THE LINKS!!! IF YOU DO, YOU STAND A VERY GOOD CHANCE OF LOSING YOUR BITCOIN!!!

Mailing Lists of major hardware wallet manufacturers have been hacked, and bad actors are sending fake emails out that look like they're from the hardware wallet company. These are phishing attempts!

Two simple rules:
1. NEVER enter your seed phrase(12 or 24 words) on ANY web site!
2. NEVER click on a link from an email.

IF you already followed the instructions in your email and lost funds, I'm sorry for your loss.

If you're not sure how to keep yourself safe from these types of scams, please contact me ASAP so that I can help you to learn how to protect yourself in the future.

Learn More!

The resources below are provided so that you can follow my journey learning about fiat currency, what money really is, what Bitcoin is and how it works, and how you can take immediate actions to preserve your wealth.

Learn About Money

You can't really learn about Bitcoin before you learn the truth about the money you are currently using. These videos are an excellent documentary series for all ages about how fiat currency(the money you are probably currently using) REALLY works. Produced by Mike Maloney of GoldSilver.com.

Before You Put Funds Into Bitcoin

Before investing in bitcoin, one should consider the following factors:

  • Understanding: Have a good understanding of how bitcoin works, its advantages, and risks involved.
  • Volatility: Bitcoin is highly volatile and its value can fluctuate rapidly, so one should be prepared for the possibility of significant losses.
  • Security: Properly secure your bitcoin wallet and keep your private keys safe to prevent theft.
  • Regulations: Regulations regarding bitcoin and other cryptocurrencies vary by country, so it's important to research and understand the legal status in your jurisdiction.
  • Diversification: It's generally not recommended to invest all your funds in bitcoin or any single asset class, so consider diversifying your investment portfolio.
  • Scams: Be wary of potential scams or fraudulent investment schemes in the cryptocurrency space.
  • Liquidity: Bitcoin's liquidity can vary depending on the exchange or marketplace you use to buy or sell, so be aware of potential limitations on liquidity.

Learn About Bitcoin

Presented here for your education are many links to Bitcoin related educational resources including, PDF's, Web Sites, and YouTube® videos. Most of these links are "MUST VISIT" sites to help you really learn about this new technology.

Andreas M. Antonopolous is the premier spokesman/educator for Bitcoin. His wealth of knowledge is shared globally for free.

Bitcoin Tools & Extra's To Help You Learn

This is a collection of Exchanges, Tickers, and Calculators that we use on a regular basis to assist us with our Bitcoin needs.