Cryptocurrency Wallet Competition – Which category will be the big winner?

Colleagues, while the primary competition in the crypto universe is which specific currency or currencies (whether Bitcoin, Ethereum, Ripple, Litecoin, etc.) will gain mass adoption, there is no shortage of competition among cryptocurrency wallet categories. Hardware, Software, Paper, Cloud-based and Mobile App based wallets are all vying for market share particularly among individual investors. While each categories has its own advantages and disadvantages, the Cryptocurrency Academy believes that Mobile App-based wallets – with the requisite security and ease of use – hold a competitive edge quite simply due to the ubiquity of smartphone users worldwide. Yes, the Ledger Nano and other hardware-based wallets hold a market share majority today. However, Mobile App-based wallets such as GreenAddress, Airbitz, CoPay, Jaxx, MyCelium and BreadWallet (BRD) are highly likely to gain share based upon their convenience, security and ease of use. One critical issue must first be resolved: The winner will need to be either a multi-currency or universal currency capabilities. What to you predict? Share a comment and subscribe today! Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)