How is dkbit98 wrong? Because there is a pro version that you can use to add your own passphrase, that means it is an hardware wallet? You are wrong. Ballet wallet, be it the normal or the expensive one (pro version), they are both paper wallets, they are not hardware wallets.
No, it's not wrong because I was not talking about ''PRO'' version that is much more expensive $299, compared to normal Ballet that starts from $35... that is almost nine times more expensive!
I do not know if it is true, that it comes in three packages, which makes it three of the paper wallet in metal, that would be $99.66. Still pretty expensive and better to just go for a hardware wallet instead.
In fact they don't even call it a hardware wallet on their website, they just say ''Cryptocurrency wallet'' or ''Cold Storage Crypto wallet''.
You can't change or add new addresses,so this is just glorified paper-like wallet, that can only serve as cool collectible for me.
It is not a hardware wallet, it is using the principles that paper wallets are using to operate.
No I'm not saying it is the same thing as a hardware wallet or it can replace it, I'm just saying the pro version is safe because Ballet will never know what passphrase you have chosen to generate your BIP38 key. But I agree this version is very expensive, even if you get 3 paper wallets made of steel for the price. Unfortunately hardware wallets are fragile and break down easily, it means you need to use a paper along with them in order to back up your seed when you are using them. But paper is fragile too. That's why some people could prefer a paper wallet made of steel with an encrypted key to hold their Bitcoins. It allows them to access their funds at any time without using a device they have to trust, and without dealing with any derivation path or address format.