This bitcoin wallet is as small as a credit card, but with an unbreakable metal construction
It comes with a QR code for easy transfers, an unbreakable design that’s water and fireproof, and due to its analog nature it’s also virtually hack-proof.
Meet Material Bitcoin, a physical card that acts as your crypto address. Think of it as your business card, but for your crypto wallet. Bitcoin is not a hardware wallet. It doesn’t actually store any coins, it just acts as a gateway to your online wallet, thanks to what’s printed on it. The metal card comes with your crypto address and its companion QR code printed on the front. Want to get paid in crypto? Just show someone your card and they can scan the QR code and make the payment directly to your wallet. But bitcoin hardware also goes beyond that. It also allows you (the owner) to log in to your wallet, allowing you to check your funds, add funds or withdraw money. How does this allow this? Well, each Material Bitcoin comes with your unique password printed on the back. The password is behind a secure magnetic strip that you peel off to reveal the text underneath. It is printed, so a digital hacker can only access it if he physically has the card with him. Even if the card is stolen, the magnetic sticker is designed to look like a brand, so it wouldn’t occur to anyone to peel it off and read the password underneath – kinda as an extension of the fake rock on the porch with the key strategy. Unless someone knows exactly what they’re looking for, they won’t find it.
Designer: Bitcoin Hardware
So what is such a device really for? Well, for starters, it’s a combination of convenience and vanity. It’s an undeniably cool way to show people that you own crypto and facilitate funds. Instead of sharing your address via text message or displaying a QR code on your phone, you can whip out a flashy metallic card for people to admire. Plus, if you don’t have your phone with you (or your phone is out of charge), this analog print makes a great substitute.
Unlike actual hardware wallets that store your crypto offline, Material Bitcoin doesn’t quite do that. Your money stays on a server somewhere, but its access point exists as a physical card. How is it better than a hardware wallet? For starters, it’s virtually indestructible. Made of stainless steel, the card is water-resistant, fire-resistant, and can virtually even survive a bullet (unlike your phone or hardware wallet). It has an undeniably cool modern aesthetic and comes with the details etched on the metal, so there’s no way the text or QR code will get smudged or chipped. In fact, the card comes with a 100-year warranty, if that helps.
Now, to address the obvious caveats – what if someone steals your card? Well, Material Bitcoin may be hacker-proof due to its analog nature, but it’s not theft-proof…and just like someone standing behind you when you tap a password on a laptop, someone behind or next to you could theoretically see your password when you lift the magnetic strip – these are just things you have to keep in mind with something like hardware Bitcoin.
What about the people who make it? They will surely see your password since they print it. Well, to ease this worry, the designers have mentioned that the whole card making process is automated and no human can ever see the card details especially the password. In fact, the card is also sealed in a metal casing, making it immune to scanners and X-rays.