I went to a café today that proudly and brazenly accepted crypto for their delicacies and brewed/steep beverages, but neglected to bring my hardware key for my main cold storage, so I was unable to take advantage of such an interesting economic opportunity. Some time later I downloaded the Cake wallet app, generated some new wallets using that app, and just sent them some fractions of BTC and LTC for easier on-the-go crypto spending. What do you all think about having "cold" hardware-locked wallet(s) and *also* using "hot" app-based wallets for easier transactions and opportunities? I see the new Cake wallets like "gift cards" that I will have to remember to refill every once in a while.

#bitcoin #litecoin #crypto

Reply to this note

Please Login to reply.

Discussion

I think you should definitely have such a wallet, even if it’s only got $100-200 of “walking around money” in it. I don’t know anything about lite coin but for #bitcoin I’d strongly recommend a self-custodial lightning-enabled wallet, probably at this point I think Phoenix wallet has the best features: https://phoenix.acinq.co/