Re: [ANN] BITHD watch – A Wearable Cold Wallet for Cryptocurrencies
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.
Exactly - the watch should be marketed as a hot wallet, not cold wallet.
I agree, Bitpie should call it as wearable hot/hardware wallet instead of cold (as introduced on first post)
advertising it as wearable cold wallet would confuse newcomers on the basic idea of a cold wallet
you wouldn't carry your (true) cold wallet everywhere you go, would you?
To tell a wallet is "cold" or "hot", the only standard is whether it's connected to network or not. Bitpie is a hot wallet; and BitHD is a cold wallet.
Although most people won't carry a cold wallet along with them when going out, some people do have the need of carrying a cold wallet with them when going out. If someone is on a business trip, he must have a safer way of carrying a cold wallet. BitHD is very suitable for this occasion.
Clearly, the more broaderly applicable wallet is Razor, because it can be put right into your cardholder/ pocket.
About Razor: https://bitcointalk.org/index.php?topic=5118062.msg50060978#msg50060978
Nevertheless, which one is better depends on users' specific preference and needs.