Isn't this initiative rather dangerous. I mean, walking around woth your cold wallet on you. That's like telling a whole bunch of people you meet wherever you go that hey look, I have cash on me and I've got it all on my hand. Anyways even if someone can't use it after stealing, it is still dangerous walking around telling people you have money.
The same can be said about carrying a conventional wallet holding fiat. I doubt anyone would be stupid enough to carry a lot of crypto on your wrist. This is more likely intended as a wallet for small (daily) transactions.