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The Water Cooler
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Own crypto’s?
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<blockquote data-quote="-Pjackso" data-source="post: 3777822" data-attributes="member: 8119"><p>Can you discuss why you don't like hardware wallets?</p><p></p><p>Also, I know there's many software wallets. (thanks for the links and recommendation)</p><p>If I use software wallet 'X' and store some BTC, am I locked into using 'X' to access the BTC?</p><p>If in the event software PROGRAM 'X' get corrupted or compromised- then if providing I know the BTC 'address' and 'password' - could I access the BTC via wallet 'Y'?</p><p></p><p>I've heard wallets are very finicky. If you sent your BTC to a (non-BTC) wallet - poof - it's gone.</p><p>Of course this is more an issue if you trade multiple crypto's. (I'm only interested in BTC, so this theoretical).</p></blockquote><p></p>
[QUOTE="-Pjackso, post: 3777822, member: 8119"] Can you discuss why you don't like hardware wallets? Also, I know there's many software wallets. (thanks for the links and recommendation) If I use software wallet 'X' and store some BTC, am I locked into using 'X' to access the BTC? If in the event software PROGRAM 'X' get corrupted or compromised- then if providing I know the BTC 'address' and 'password' - could I access the BTC via wallet 'Y'? I've heard wallets are very finicky. If you sent your BTC to a (non-BTC) wallet - poof - it's gone. Of course this is more an issue if you trade multiple crypto's. (I'm only interested in BTC, so this theoretical). [/QUOTE]
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