How do I choose a cryptocurrency wallet? Every wallet has different features, transaction customization, fee estimation, levels of security and privacy, and affiliations. The criteria for wallets is different depending on the person, their needs, and risk model. Wallets that used to be good may no longer be good or share the same principles.

You don’t have to use one wallet forever. Use many different wallets for different purposes and feel free to change them often. One of the criteria I use for wallets is that if it doesn’t support SegWit, I don’t use it, because I want the fee discounts.

NOTE: This talk was recorded prior to the cancellation of 2X. A couple mobile wallets like EdgeSecure beta (formerly Airbitz), GreenAddress, and Samourai now support SegWit.

This is part of a talk which took place at the Bitcoin Open Blockchain (BOB) community event on October 29th 2017 at the mHUB innovation center in Chicago, Illinois: https://www.meetup.com/Bitcoin-Open-Blockchain-Community-Chicago/events/244248063/

RELATED:
Hot vs. cold wallets – https://youtu.be/Aji_E9sw0AE
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
What happens to our bitcoins during a hard fork? – https://youtu.be/sNR76fWd7-0
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Could governments take over exchanges? – https://youtu.be/9PrJQeKl9w4
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Innovations in wallet design – https://youtu.be/K5Ei3_D8LQ8
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Hardware, Software, Trustware – https://youtu.be/Etyjc1JdmFU
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
Bitcoin, Lightning, and Streaming Money – https://youtu.be/gF_ZQ_eijPs

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

Subscribe to the channel to learn more about Bitcoin & open blockchains!

If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

source

32 COMMENTS

  1. I like all his vids but had to dislike here.

    Guy asks you right here, right now, "What do I need to look for in a wallet?" And you don't mention: Controlling your private keys; multifactor sig; encrypted; anonymity… that's kind of a dis-service to the guy and the everyone watching this video who doesn't understand the basics.

  2. @aantonop. I enjoy watching all your videos. Please post more videos. My question is. I have Coinbase and they don’t allow me to control my money, they don’t give me the keys words. How can convert to a better wallet that allows me to control my money. Thanks

  3. Hello Andreas, i really enjoy your information on Bitcoin. I have been watching your videos for 3 months. However, i tried to buy bitcoin tonight at coinbase and first it took all day to for them to accept my account and now that i have an account they put limits on what i can bit like à 100 à week limit. Please give me advice on how i can buy bit coin.

  4. Damn we need your guidance in this time of flux! WTF is going on! I can't afford 1 btc at these prices. Who is ramming the price up so fast? Will this be a massive short and grab? I'm scared! help mommy! lol

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