it's bright out here hold on come on garage there we go so I had to go do something that I really hate doing because reality is that it's 2018 and I don't understand why anybody in 2018 would have to go to the bank but yet Here I am don't to the bank it's not that I have anything against the bank personally it's just I feel like it's unnecessary but we're gonna be traveling out of the country soon and so anytime you do that it helps to have passion and the crazy part in all this is that you know we have things available to us already that we shouldn't have to do this stuff so I think about digital currency Bitcoin so what it means to have money you'd have to have a bank it's gonna change I don't know when I don't know how long but it will so one question that always comes up from folks when they say hey I bought my first Bitcoin I just bought some etherium what do I do with it where do I keep it it's crazy to me how many people buy Bitcoin or just start to get into crypto and they leave all of their coins and online wallets not a good plan that's probably the worst place you can keep it now it's nice from either you standpoint it's always online and available but depending on how much you care about the principles of you know Bitcoin and decentralized currency again you're putting trust in a company you're putting trust in people you're putting trust in an exchange to keep your money safe that's a choice you have to make but the challenge with Bitcoin and you know crypto is that unless you're a person with a technical background it's confusing and it's not real intuitive in terms of how it should work and what you should do and really one of the biggest issues and gaps that needs to be addressed before it can be more mainstream is that some level it needs to become less technical because your average person isn't going to know how to do these things I don't know if I'ma make it actually I might be late so where should you be storing your Bitcoin in your crypto I'm the huge fan of hardware wallets because they're a relatively easy way to store your keys offline and have them be a hundred percent within your control and those are two critical things the other ways to do that are pretty technical and require people to know quite a bit which is just not realistic for the average person hardware wallets are the closest thing we have to really allowing people to be safe and have it be easy enough to use that you can get most people there people drive we can drive as baby hardware wallets are also relatively cheap you can get them for under a hundred bucks and even if you got the latest Trezor Model T with the touchscreen it's still gonna cost you under $200 and that's a relatively cheap price to pay to basically have an encrypted bank in your pocket we just recently did an unboxing for the Ledger Nano S that's obviously a popular one and a good one I've also used Trezor before which is also great either one of those should work for most people just another benefit of having it on that physical device it makes it easy to store so if you have a safe deposit box you have a safe at home it's easy to kind of put it in there for added security drive it to the bank sucks I barely made it but it's all good but crazy but is instead of carrying something like this around we could be carrying something like this around I know what y'all think you know look at the big baller you know those are all ones I'm balling with ones yeah alright here we go whoa so obviously as you guys can tell I'm a huge fan of hardware wallets if you have Bitcoin you hold any cryptocurrency today and you're not using a hardware wallet I strongly advise that you give one it's one of the safest most cost effective in easiest ways to store your keys offline just driving dropping knowledge on hardware wallets doing it all so if you like this video just like my ability to multitask as I Drive hit that like button down below if you haven't had a chance yet join the family by hitting that subscribe button cuz he's a man is a life and tech and I'll see y'all next time Peace!
