Post
Topic
Board Bitcoin Discussion
Re: People who don't use hardware wallets: Why not?
by
Fivestar4everMVP
on 04/12/2022, 19:33:29 UTC
Just purely out of curiosity. 99% of people who don't know how to properly create an airgapped device should be using hardware wallets.
Of course yes, but you should ask if they can afford the cost of buying a hardware wallet..
For someone not to know how to create an airgapped device for their crypto savings simple means such a person is a newbie, and I can tell you that 99 percent of newbies can't afford a hardware wallet, even though they are not quite expensive, majority who come into crypto are not rich people but poor/average people looking for means to make money..
You don't expect them to spend the little money they wanna buy Bitcoin with on hardware devices, those who are rich I believe already know about the importance of hardware wallet in crypto, so they first go for it since they are buying bitcoin in/with a large amount of money.
But for the poor/average user out there, it makes no sense spending hundreds of dollars on a hardware device to end up saving just $10 worth of bitcoin inside.  Grin