RE: Bitcoin Wallets - Create, Backup and Synchronize by fervi

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bitcoin · @fervi · Jun 8 '17

Thanks for reply

Usually these programs are said to be "wallets", even MyCelium or Electrum call their programs by this word.

In addition, I think that especially for beginners we should use terms that they will understand. I think the wallet is the right term.

https://wallet.mycelium.com/

👍 cybercranium

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@cybercranium · Jun 8 '17

The term is misleading. People may think that they have bitcoins on their computers when the bitcoins are actually stored in a public ledger.

👍 fervi

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@fervi · Jun 8 '17

Of course. Conversely, "mtgox" or other cases show that it is better to teach people how to handle Mycelium than they would do on the stock market themselves.

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