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Bitcoin => Press => Topic started by: panju1 on December 10, 2014, 03:19:00 AM



Title: [2014-12-09] Bitcoin Hardware Wallets Could Become as Ubiquitous as Smartphones
Post by: panju1 on December 10, 2014, 03:19:00 AM
Bitcoin Hardware Wallets Could Become as Ubiquitous as Smartphones

http://insidebitcoins.com/news/bitcoin-hardware-wallets-could-become-as-ubiquitous-as-smartphones/27208

While many bitcoin enthusiasts look at hardware wallets as the “holy grail” of cryptocurrency security, the reality is these devices are still a bit too expensive and impractical for most people to use. Bitcoin-focused hardware devices, such as the TREZOR, are awesome in the eyes of a bitcoin user, but they don’t make much sense to the average person on the street. After all, purchasing a $100 wallet just to be able to use bitcoin securely is not exactly the best sales pitch for digital currency.

Having said all that, bitcoin hardware wallets could still have a bright future. That is, if they end up being about more than just storing bitcoin private keys.


Title: Re: [2014-12-09] Bitcoin Hardware Wallets Could Become as Ubiquitous as Smartphones
Post by: LiteCoinGuy on December 10, 2014, 04:14:44 PM
"still a bit too expensive"


thats true. we must have some cheap devices please (and we will)  :)


Title: Re: [2014-12-09] Bitcoin Hardware Wallets Could Become as Ubiquitous as Smartphones
Post by: kjlimo on December 11, 2014, 01:39:20 AM
Why would I use a hardware wallet when I can use my smart phone?

I'd rather have one device than two...


Title: Re: [2014-12-09] Bitcoin Hardware Wallets Could Become as Ubiquitous as Smartphones
Post by: darkangel11 on December 11, 2014, 04:20:18 AM
Why would I use a hardware wallet when I can use my smart phone?

I'd rather have one device than two...
Yeah, but if the wallets become cheap, I wouldn't mind having a small one on my key chain. Phones are getting bigger and bigger ;)

At least a hardware wallet won't bend in your pocket  :P