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Notes on Crypto Wallets and the Future of the Web
By on ALTCOIN MAGAZINE
For many people, they get any fiat or traditional money and they automatically move it to Coinbase or their Wirex, etc. account, and change it to a stablecoin, perhaps to Maker DAI and also some into Bitcoin.
These aren’t ‘wallets’ as such, but gateways (although Coinbase does have a separate wallet app).
But people are starting to trust crypto (or its potential) more than their banks. Or they’re using apps that convert crypto to cash at the checkout (Coinbase UK app). They might also put some of their cryptos to work in a de-fi project, to gain interest, staking rewards, etc.
But all this will be combined, thanks to wallet development.
Ideally, we’ll one day be able to use our wallets in a store.
Recently I’ve been thinking about crypto wallets — mobile, browser, desktop-based, dedicated and multi-coin — and this future trend.
As a hodler, you can end up with quite a few wallets, but where you actually store your crypto today can be confusing.
