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Tash
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Pro financial, medical liberty
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February 23, 2020, 06:05:33 AM |
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Who is stupit enough to use built in wallet.
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antsam
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February 23, 2020, 07:03:05 AM |
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It is too expensive to be just a wallet, but the positive news is as a proof of acknowledgment that crypto exists and Samsung's classmates include it in its product means it's very positive
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Magkirap
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★Bitvest.io★ Play Plinko or Invest!
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February 23, 2020, 07:23:12 AM |
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It is too expensive to be just a wallet, but the positive news is as a proof of acknowledgment that crypto exists and Samsung's classmates include it in its product means it's very positive
Yes it is expensive but the fact that samsung who is a big company have consider cryptocurrency in their product is such a big step for us because other companies will see it too and have high chance of adapting what samsung have done with crypto. Samsung always have it first in their flagship models so i expect to see that samsung built in crypto wallet in midrange or more affordable phones soon.
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ChrisPop
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Not your Keys, Not your Bitcoins
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February 23, 2020, 07:34:50 AM |
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Personally I wouldn't use any crypto wallet that is not open-source and auditable. There are much better choices in the market that work on mobile as well. Samsung's initiative is good for adoption though as the wallet will attract a huge amount of eyeballs. Maybe I'd use its wallet but only for pocket change and coffee shop type of transactions.
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tulpe123
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February 23, 2020, 07:37:14 AM |
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I think that there enough better wallets on the market than this default one
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GreatArkansas
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February 23, 2020, 07:38:06 AM |
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Who is stupit enough to use built in wallet.
It's kinda like a default application installed on the phone, but yes, it's kinda scary since we don't know if the mobile application is safe or the mobile application is verified by the owner of that application. Like if they will put a pre-installed Coinomi wallet, it is still scary unless you will update or verify it to the play store first before using it.
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Furryball
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February 23, 2020, 07:38:52 AM |
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Since I can download any wallet on my phone I don't see any reason to buy Samsung s20 just for the inbuilt wallet, doesn't make sense to me, how about wings mobile? Where you can earn on the phone and it has inbuilt wallet too and again the new 3FA security that is not popular yet
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bgaf
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February 23, 2020, 07:50:43 AM |
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Who is stupit enough to use built in wallet.
As long as the built in wallet supports importing of old wallets like imtoken I dont see much problem. Anyway, Samsung has jusr started and maybe they can improve more. I dont see the advantage of this wallet sincr the phone is quite expensive and people will likely turn into those cheaper wallet for crypto also those free one. The only thing I like is that Samsung a giant tech expanding their horizon as well to blockchain. This is just a start, dont bash the product which is by far one of thr most sophisticated phone.
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OasisDre
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February 23, 2020, 07:52:54 AM |
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It will be wise if Samsung gives it users the access to private keys or recovery seed for the inbuilt wallet or else no one will use the phone to keep coins, moreover since it's an inbuilt wallet from Samsung themselves I find it hard to trust them.
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Adamara
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February 23, 2020, 08:02:55 AM |
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I see this as mere marketing strategy. Since I can download any wallet on my phone there is no reason to buy Samsung s20 just for the inbuilt wallet, it does not make sense to me. It would have made sense if it was to earn free coins from it. Maybe minable on the phone and some amount can be mined monthly. This will make a lot of people rush at it.
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Mia44
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February 23, 2020, 09:50:15 AM |
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The tech giants are gradually entering the field of blockchain and cryptocurrencies, surely Samsung will not want to fall behind. I think that in the near future we will see many other phone companies participate.
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Pecunia non olet
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February 23, 2020, 09:55:43 AM |
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They implemented it because they are afraid of the missing huge crypto potential. More and more milenians are interested in cryptocurrencies and with the upcoming decentralized phones, the position of Samsung will be reduced.
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forexandcryptoauditor
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February 23, 2020, 10:33:48 AM |
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I think this is a great start. Cryptocurrencies need such huge adaptations to reach to more investors. Such brands will also be benefitted supporting cryptocurrencies and related projects. Next level of integration is coming soon I believe.
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sharpshooter.
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February 23, 2020, 10:57:05 AM |
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In any case, this is a good advertisement for crypto, which is good in any case. Although I'm not surprised that Samsung went this way. I think that in the near future, other large companies will also announce their plans in the crypto sphere.
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MikeyVeez
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February 23, 2020, 11:00:01 AM |
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A small step for us but an important step for crypto massive adoption, imagine that everyone will have pre-installed crypto wallet in a new mobile phone. Then it would be pretty easy to use it, to send crypto between new mobile users.
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pakhitheboss
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February 23, 2020, 11:11:23 AM |
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So I need to spend $1000 or more for this phone to store these three cryptocurrency. Who will want to do that, when there are so many free wallets available in the market to store more than three cryptocurrency.
A hardware wallet will be costing me less than this phone.
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Tduty
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February 23, 2020, 11:36:11 AM |
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This is really good news that a world-famous company like Samsung is offering crypto wallet! I have seen other news that Samsung will add PPT, BNB coin and some others! Though I will not use that, because I still believe there is no better wallet than a hardware wallet!
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thisnewcoin
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Convert Crypto at BestChange
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February 23, 2020, 11:38:28 AM |
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So I need to spend $1000 or more for this phone to store these three cryptocurrency. Who will want to do that, when there are so many free wallets available in the market to store more than three cryptocurrency.
A hardware wallet will be costing me less than this phone.
You got it in a wrong way, mate. You don't have to buy Samsung S20 ultra as a crypto wallet rather this smartphone is a gem and the best Android phone which can beat iPhone easily! So, if you buy that great smartphone, you will get a strong crypto wallet for a bonus. I would suggest you, please watch Samsung S20 review from youtube, you will realize how great this smartphone is!
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masterrex
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February 23, 2020, 12:21:48 PM |
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Thats great Samsung is one of the worlds top smartphone brand and its openly supported the cryptocurrency industry by integrating a crypto wallet inside its flagship smartphone model Samsung Galaxy S20 it is one of the evidence that the cryptocurrency industry is continued to gain trust and recognition from the top global brands like Samsung.
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