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What's in your bitcoin wallet?


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2021 Mar 31, 4:16pm   503 views  2 comments

by EBGuy   ➕follow (0)   💰tip   ignore  

Phillipe Christodoulou wanted to check his bitcoin balance last month, so he searched the App Store on his iPhone for "Trezor," the maker of a small hardware device he uses to store his cryptocurrency. Up popped the company's padlock logo set against a bright green background. The app was rated close to five stars. He downloaded it and typed in his credentials.
In less than a second,nearly all of his life savings - 17.1 bitcoin worth $600,000 at the time - was gone. The app was a fake, designed to trick people into thinking it was a legitimate app.
He believed Apple's App Store was safe. Then a fake app stole his life savings in bitcoin
Note: now worth $1 million

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1   Bitcoin   2021 Mar 31, 4:42pm  

Scammers are successful because stupid people exist that dont do basic research. There will always be extremely dumb people that get scammed. In this case you have to blame the victim.

Trezor and Ledger Nano S are not apps.....they are hardware wallets.
The emphasize is on hardware. You store your private keys offline in a device that's not connected to the internet. These wallets have never been hacked.

You cant fix stupid.
2   Bitcoin   2021 Mar 31, 4:44pm  

But I really haven't answered EBGuy's question of whats in my Bitcoin wallet.
The answer is 1.9 BTC :)

I do have wallets for Cardano, link, ETH, LTC, Dot as well (and a few others like 0x, Tezos....)

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