Square may launch a “physical Bitcoin wallet”

LONDON, ENGLAND-MAY 30: In this photo illustration, a visual representation of Bitcoin cryptocurrency is pictured on May 30, 2021 in London, England. Bitcoin is a decentralised digital currency, which has been in use since 2009. (Photo illustration by Edward Smith/Getty Images)

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More and more financial services want to participate in the cryptocurrency trend as early as possible. Among them, the payment service platform Square is more likely to launch a “physical bitcoin wallet”. CEO Jack Dorsey in the latest tweetMentioned, They are considering the development of physical Bitcoin wallets in a way that both software and hardware are open source, and to collaborate with the community.

At the same time, Dorsey also mentioned that this wallet will cater to the largest number of people, so it is likely to be integrated with smartphones. Of course, they will also introduce their Cash application into cryptocurrency support, but a separate small device is still under consideration.

As the scope of application of cryptocurrency increases, a simpler and more mainstream device is essential, so that ordinary people can understand and be willing to use it better. In the past, HTC has also launched Exodus, a mobile phone that integrates encrypted currency storage, which may be a good reference point.

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