Why Bitcoin-Only Wallets Are Best

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In this video, I discuss why Bitcoin-only hardware wallets are best.

Hardware wallets that support 6,000 shipcoins/altcoins need to have much more complicated hardware and software than wallets that support just BTC. This increased complexity results in a much wider attack surface, which makes the wallet less safe for ALL coins.

By contrast, Bitcoin itself has extremely good native security, both for single sig and multisig, which Bitcoin-only hardware and software wallets can leverage.

I cannot recommend any altcoin wallets, because I cannot recommend holding altcoins at all.

Not investment advice! Consult a financial advisor.

My favorite two hardware wallets:
https://blockstream.com/jade/
https://coldcard.com/

Don't Use Ledger Hardware Wallets:
https://www.youtube.com/watch?v=ZJSW16j1F_Q&ab_channel=BitcoinUniversity

Ledger Pauses The Launch of Recover Service:
https://www.nobsbitcoin.com/ledger-accelerates-open-source-roadmap/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#hardwarewallet
#altcoin

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