Tech Mogul Jack Dorseyโs Self-Custody Bitkey Wallets Begin Shipping to 95 Countries
The self-custody Bitcoin (BTC) wallet developed by Jack Dorseyโs fintech company is now being shipped to customers in 95 countries. Block, formerly known as Square, began accepting pre-orders for the Bitkey wallet in December, and the pre-ordered wallets are now on their way to customers.
Bitkey Features
The Bitkey wallet, which consists of a hardware device and a mobile app, offers several features:
- The ability to connect to Blockโs payments platform Cash App and crypto exchange Coinbase for BTC transactions within the Bitkey app.
- Easy recovery of Bitcoin in case of loss of the hardware device and cellphone through tools like โTrusted Contactsโ that rely on people the customer knows to verify recovery requests.
Jack Dorseyโs Promotion of Bitkey
In December, Jack Dorsey promoted Bitkey by encouraging users to move their Bitcoin off exchanges. Now that the wallets are shipping, customers can take control of their money with a secure and easy-to-use self-custody wallet.
Hot Take: Empowering Bitcoin Users Worldwide
Tech mogul Jack Dorseyโs fintech company Block has started shipping its self-custody Bitcoin wallets, called Bitkey, to customers in 95 countries. This move aims to empower Bitcoin users by providing them with an easy-to-use and secure wallet that allows them to take control of their funds. The Bitkey wallet comes with features such as integration with Cash App and Coinbase, enabling users to buy and sell BTC within the app. It also offers a simple recovery process in case of lost devices through trusted contacts. By encouraging users to move their Bitcoin off exchanges, Dorsey is promoting the importance of self-custody and giving individuals more control over their finances. With the global shipping of Bitkey wallets, more people worldwide can now securely manage their Bitcoin holdings.
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