Bobby Lee, co-founder of BTCC crypto exchange, was at the Consumer Electronics Show in Las Vegas this week, demonstrating the first physical samples of his non-electronic hardware wallet, Ballet.
Physical Card And Accompanying App
Ballet is billed as the ‘world’s first multicurrency non-electronic physical wallet’, and offers a 100% offline cold-storage solution. The credit card sized device comes with an accompanying iOS and Android app, thus warranting the ‘non-electronic’ wallet’s appearance at the Consumer Electronics Show.
It was the first chance that the public and press have had to get hands-on with the device, and reviews have started to appear online.
The premium stainless steel device is credit card shaped. Although a little heavier and thicker, it will still fit in your wallet. Each wallet has a QR code linked to its receiving address, a unique serial number, and a scratch-off panel revealing the wallet’s passcode.
Focus Shifts From Un-Hackable To Ease Of Use
As Bitcoinist reported, Lee announced the ‘un-hackable’ hardware wallet back in September last year. Although there seems to be less marketing focus on its supposed lack of hacking risk this time around.
Instead, Ballet are selling the product on its ease-of-use, with no complicated setup or know your customer (KYC) requirements. Each wallet has a primary token for easy direct deposits, but can also store the tokens of most of the leading cryptocurrencies.
Bobby Lee Predicts $1 Million Bitcoin
Bobby Lee was recently in the news with his prediction that bitcoin will hit $1million in five to ten years, after two more bubbles. Lee explained that bitcoin price has moved in waves, each being a bubble which takes BTC price ten to twenty times higher than the previous one.
Bobby Lee believes that this trend will continue, and that over the course of several years, will rise to $100,000-$200,000, and eventually reach $1 million.
What do you make of Bobby Lee’s new hardware wallet? Add your thoughts below!
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