It would be a small revolution… Jack Dorsey, the boss of Twitter, indicated on Friday that his company specializing in digital payments, Square, was considering making a bitcoin “wallet”, that is to say a kind of USB key. to pocket your cryptocurrencies on a physical and secure medium.

These objects are used to store digital currencies offline.

Their users synchronize them with their compatible financial applications in the event of transactions on the Internet.

They can also be satisfied with “virtual” portfolios.

In this case, they trust third-party companies to protect their money and use passwords to access it.

But Jack Dorsey believes that bitcoin shouldn't be just for connoisseurs, and is looking for ways to build confidence in cryptocurrency, including providing a way to buy it without having to rely on third parties.

A "wallet" for shopping

"Deciding to store your bitcoins yourself is complicated," he notes on Twitter before listing the problems to be solved: availability, security, ease of use on mobile, etc.

He envisions a “wallet” that people could use to do their shopping, via their smartphone for example, without compromising their money or the cryptocurrency system in general.

“If we do, we'll make it completely open, from software to device, in collaboration with the community,” he says straight away.

"One can imagine applications that work without Square and perhaps also without the permission of Apple and Google," he adds, referring to the two dominant mobile operating systems in the world.

A cryptocurrency that remains very volatile

Bitcoin is a decentralized asset with no direct connection to the real economy, which relies on blockchain technologies, and fascinates Jack Dorsey and many figures of Silicon Valley, such as Elon Musk, the boss of Tesla.

This cryptocurrency remains very volatile but the growing interest of institutions and companies considered stable contributes to making it gradually enter into mores, beyond the initiated.

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