The co-founder of BTC crypto exchange, Bobby Lee, was at the Consumer Electronics Show in Las Vegas this week, he demonstrated the first physical samples of his non-electronic hardware wallet, named Ballet. In our blockchain news today, we find out more about the features of the wallet.
Ballet is promoted as the ‘world’s first multicurrency non-electronic physical wallet’, and gives the offer of 100% offline cold-storage solution. The device that has the size of a credit card is accompanied by an IOS and Android app, thus warranting the appearance at the Consumer Electronics Show of the ‘non-electronic’ wallet.
It was the first time that the public and the press had the chance to get their hands on the device and reviews have begun to emerge online. The premium stainless steel device is shaped like a credit card. While it is heavier and thicker, the Ballet will still be fit in your wallet. Every Ballet has a QR code linked to its receiving address, a unique serial number and a scratch-off panel revealing the passcode of the wallet.
As DC Forecast reported, Lee announced the ‘un-hackable’ hardware wallet back in September of 2019. Though it looks like there is less marketing concentrated on its assumed lack of hacking risk in this period. In its place, the hardware wallet is promoting the product with its ease-of-use, having no complicated setup or know your customer (KYC) requirements. Each wallet has a primary token for the purposes of easy direct deposits, and can also store the tokens of the majority crypto coins out there.
Bobby Lee appeared not long ago on the news with the prediction that Bitcoin (BTC) will reach $1 million in five to ten years after it surpasses two more bubbles. Lee elaborated that Bitcoin (BTC) price has the history of moving in waves, each wave being a bubble that takes the price of Bitcoin (BTC) ten to twenty times higher than it was before the wave. Bobby Lee thinks that this trend will be seen in the future and that over the time span of several years, Bitcoin (BTC) price will rise to $100,000-$200,000, and eventually reach $1 million.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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