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What's the best Bitcoin wallet to recommend to newbies?
I have seen this question a lot lately.
Let me tell you why I recommend @bluewalletio ...
A Thread
I have seen this question a lot lately.
Let me tell you why I recommend @bluewalletio ...
A Thread
Of course I'm biased :)
But this is why I wake up in the morning every day.
There's a group of people that have been building/contributing to @bluewalletio silently in the last two years.
Gonna share our thinking behind it and why you should recommend it as well.
But this is why I wake up in the morning every day.
There's a group of people that have been building/contributing to @bluewalletio silently in the last two years.
Gonna share our thinking behind it and why you should recommend it as well.
1- No private keys gimmicks
No Multisig, no Shamirs, no cloud backups, no email recoveries, no sms.
It is extremely important that a newbie learns what a private key is from day 1. Period.
No Multisig, no Shamirs, no cloud backups, no email recoveries, no sms.
It is extremely important that a newbie learns what a private key is from day 1. Period.
2- Interoperability!
With backup gimmicks comes the bad and ugly. Bitcoin is consensus based, it is backwards compatible and it has interoperability.
Your product can be new and shinny, but it will go away/die. Bitcoin will not. Act according.
With backup gimmicks comes the bad and ugly. Bitcoin is consensus based, it is backwards compatible and it has interoperability.
Your product can be new and shinny, but it will go away/die. Bitcoin will not. Act according.
3- When the user starts, he can start testing/learning by himself.
There's no need to install another app, or go to their coinbase. Just create another wallet and do a transaction to self.
There's no need to install another app, or go to their coinbase. Just create another wallet and do a transaction to self.
4- Doing UTXO segregation without noticing.
With the multi wallet architecture and the design pushing the user to create more wallets. He will start segregating his UTXOs without even noticing.
With the multi wallet architecture and the design pushing the user to create more wallets. He will start segregating his UTXOs without even noticing.
5- With this multi wallet thinking the user will naturally learn and get used to manage backups.
It will become a habit.
It will become a habit.
6- Feature rich, but simple
Full node/batching/fee control/encryption/plausible deniability/passphrase/HW integration/watch-only
All abstracted away concepts, but once the user learns or evolves in his journey they will easily find them
Full node/batching/fee control/encryption/plausible deniability/passphrase/HW integration/watch-only
All abstracted away concepts, but once the user learns or evolves in his journey they will easily find them
7- Open fucking source!
Had to kill one of my heroes this week.
Open source matters for so many reasons. Not gonna even argue on this one.
The only reason to not open source is because you have something to hide.
Had to kill one of my heroes this week.
Open source matters for so many reasons. Not gonna even argue on this one.
The only reason to not open source is because you have something to hide.
8- No speculation
"But Nuno, so many great wallets, like coinomy, mylceliom, bred, blokchain"
No! These wallets are just baiting to introduce unexperienced consumers to new exotic speculative assets that are zero-sum games. And, they will lose.
#Bitcoin
fixes this!
"But Nuno, so many great wallets, like coinomy, mylceliom, bred, blokchain"
No! These wallets are just baiting to introduce unexperienced consumers to new exotic speculative assets that are zero-sum games. And, they will lose.
#Bitcoin
fixes this!
8.5- No speculation
These wallets are also being paid or getting investment by this new speculative assets. That's why they have marketing budgets and millions of downloads.
These wallets are also being paid or getting investment by this new speculative assets. That's why they have marketing budgets and millions of downloads.
9- Well, we don't and that's ok. This is our marketing, guerrilla pleb marketing :)
Two things you can do to help:
Recommend @bluewalletio to 2 friends
Leave a review on the app store
Two things you can do to help:
Recommend @bluewalletio to 2 friends
Leave a review on the app store
These are some of the reasons I recommend http://bluewallet.io every day.
If you think we are doing something that can be better. Let us know, feedback is priceless.
That's the tweet. Cheers fam!
If you think we are doing something that can be better. Let us know, feedback is priceless.
That's the tweet. Cheers fam!
