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DavCrypto

Using smartphones to store bitcoin and adopt the idea of ​​bitcoin globally

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No doubt about that if smartphones integrate cryptocurrency this will hepl in the global adoption according statistics more than 50% of the world population have access to smartphone and this will be of great effect in the adoption of cryptocurrency.

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yes you are right we can now use the mobile phones in order to store the cryptocurrency whether it is in the form of application or software wallet or it is in the form of hardware wallet with in the phone

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This is really great. The new technology adoption bitcoin easily. Which a really great new for crypto community. Now we store btc on mobile. We can store it on our wallet. But there will be some problems. We need more solutions. 

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@DavCrypto @davy22 @muhammadrizwan

 The best thing we can do today is to make sure that we are offline there is every kind of things that we are able to lose in for, when it comes to crypto , off site stories are really hard and not so easy to grow with and they are tough to even imagine and even work for it, when you are offline this can be a good chance for you to be very secure , but most who put and place everything online they most of the time find themselves lost in so many cases we know of

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On 1/21/2020 at 2:47 PM, DavCrypto said:

 

With the ongoing development in the crypto industry, technology giants have begun making plans to integrate the digital wallets that store bitcoins in smartphones, as HTC announced late last year the release of a smartphone called "Exodus 1" that works with blockchain technology and contains Digital wallet, and the company explained that the phone will be purchased in digital currencies only.

Samsung also announced the incorporation of digital wallets into “Samsung Galaxy S10 and 10+” phones to enable crypto users to access their savings and investment.

Do you think using smartphones to store bitcoin will help in adopting bitcoin globally?

it's a good idea that the mobile phones are using the Bitcoin wallets  and they are making the Bitcoin word widely used and storing Bitcoin on the smartphone is a good way to make it popular globally.

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The steps were taken by major companies in the mobile industry to support cryptocurrencies definitely indicate the importance of cryptocurrencies and that they will sweep the world in the near future and everyone will rush to them.

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On 1/4/2021 at 12:20 PM, joemcgwa said:

There have more than 5 billions unique mobile users in the world which are more than 2 billion are smartphone users, so if those 2 billions smartphones users will be using crypto currencies, that's we can say that crypto is adopted globally.

But it will not be thats possible for all 2 billions smartphones users to be using cryptocurrencies, because this is depending on how they are interested with cryptocurrencies, because till now there have millions of people knows cryptocurrencies but they are not interested on using it. 

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My friend, the idea of storing Bitcoin comes in general from any device, system, or computer, the storage is done with a wallet, and these wallets may be a web page or an Android application or an application for computer interfaces, but the common thing is the wallet and the private key that must remain safe and the cryptocurrencies in an upward and widespread manner.  She waved the world for several reasons, which are her great support. Thank you

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@DavCrypto the right thing right now s  we  we have so many things that are effective that    we have to really be good in what we are able to do  to all things we are having today ever thing works so today most of what is happening right  is to make sure that  we have to be right in all thins things and be able to run all this thing, the greatest thing that we have thing we are always suppose to be great in all this works we find out 

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Certainly my friend, if the smart phone companies set up special Bitcoin wallets and buy smartphones with cryptocurrencies only, then this will help to spread significantly and facilitate people to save their money and ease of investing it is really a good idea

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Of course, this indicates the importance of Bitcoin and the amazing development in cryptocurrencies. Buying mobile phones with the currency of Bitcoin will increase the popularity of Bitcoin and strengthen global public opinion about cryptocurrencies, which will raise the value of Bitcoin and other cryptocurrencies.

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On 1/21/2020 at 10:47 AM, DavCrypto said:

 

With the ongoing development in the crypto industry, technology giants have begun making plans to integrate the digital wallets that store bitcoins in smartphones, as HTC announced late last year the release of a smartphone called "Exodus 1" that works with blockchain technology and contains Digital wallet, and the company explained that the phone will be purchased in digital currencies only.

Samsung also announced the incorporation of digital wallets into “Samsung Galaxy S10 and 10+” phones to enable crypto users to access their savings and investment.

Do you think using smartphones to store bitcoin will help in adopting bitcoin globally?

Yes I think is a good idea and it will be a welcome development for crypto because top companies in the world are making digital wallet for there user and also encouraging those that does not have the idea of crypto currency to start learning.

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On 1/21/2020 at 5:47 AM, DavCrypto said:

 

With the ongoing development in the crypto industry, technology giants have begun making plans to integrate the digital wallets that store bitcoins in smartphones, as HTC announced late last year the release of a smartphone called "Exodus 1" that works with blockchain technology and contains Digital wallet, and the company explained that the phone will be purchased in digital currencies only.

Samsung also announced the incorporation of digital wallets into “Samsung Galaxy S10 and 10+” phones to enable crypto users to access their savings and investment.

Do you think using smartphones to store bitcoin will help in adopting bitcoin globally?

I think that every day there are more projects and companies in favor of cryptocurrencies, so we can think that we are going through a great stage, so we can think that soon we will have free access to cryptocurrencies around the world without so many restrictions, which makes it something great.

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On 1/21/2020 at 9:42 PM, Nezar said:

You are right that using cell phones to store cryptocurrencies is very beautiful, but it is full of risks because they are vulnerable to penetration and theft at any moment if we do not know how to act and protect it.

Yes I agree with your point of view it is the great idea use of cell phone to store the Crypto currency but it might be risky to store the crypto currency in the smart cell phone because many people don't try this due to security mechanism.

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Every day we see more support for cryptocurrencies by large companies, and the pandemic has been part of their impulse, so it is evident that the day will come when BTC and all cryptocurrencies will be perituated throughout the world.

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In my opinion, the combination of smartphones and blockchain wallets will influence the adoption of Bitcoin, because this smartphone will make it easier for Bitcoin users to store and trade via smartphones. In addition, the two smartphones will also be in demand in the market because they are the first smartphones to embed a blockchain wallet into a smartphone.

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What great news, these things are the ones that will help the btc to be more popular to one and the entire crypto market, without a doubt it is something that will be used more every day, apart from the fact that older people will also join when conventional financial entities join cryptocurrencies are accepted.

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It is good to know that smartphones have started using block chain technology. And HTC has taken the lead in this matter. Hope other smartphone companies also follow them in adopting block chain technology.

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Yea. I think this is a good development from the top companies to create their wallet for cryptocurrency for their users with the use of smartphones to for easy storage and accessibility of their cryptocurrency coins and i think Using smartphones  to store Bitcoin will  surely make Bitcoin globally accepted.

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It is very nice to have development ideas in making smartphones contain Bitcoin wallets to make it easier for us to work with and make us carry currencies through our smartphones. This is really cool.

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That is right and the reason is that most of the people have smartphones but not all of them have pc or a laptop so it is a great idea.

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Dear friend, I am very sorry, my friend, because I do not know much information on this subject, and I do not like to give information and I am not sure about it exactly.

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Of course, it will be a positive and contributing factor in the spread of cryptocurrencies on a wider scale around the world, as these methods will facilitate storing cryptocurrencies and paying through them.

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       I think it's interesting to know that tech giants are helping to enlighten people about the real issue regarding the safety and authenticity of crypto currencies and also making it easy and user friendly yo store crypto currencies on ones phone directly.

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The new smartphone will have a Digital Wallet. Solved the problem associated with the loss of a smartphone. As one of the wallet’s protection mechanisms, the owner is invited to send parts of a special recovery key to his trustees. If the smartphone is lost or damaged, no one will be able to access the coveted “coins,” but the owner will be able to recover the data from the previously created code fragments. But the price of a new smartphone does not appeal to me

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