Let's Build a Bitcoin Wallet | Round 1

in #bitcoin7 years ago (edited)

Project Codename: "BitBuddy"



Introduction


What's up, guys?

Want to help me invent a new Bitcoin wallet? I've had this idea for a few months. I thought it would be cool to get the community involved and go so far to even call this "community-driven product development".

Good Idea? Bad Idea?

Here's how it will work:

If the Community Sees This Product As Valuable:



Then I will post updates weekly (or more often) on the status of this development. I will re-post this article with updates and edits, iteratively improving as time goes on. Your feedback will improve the product.

If the Community Sees This Product As Having No Value:



Then the project will cease to continue, and will share a new idea in my next post.

Directions

  1. Read the current article.
  2. Look at people's comments below. If you agree with them, please upvote them!
  3. If you think of something no one else mentioned, comment on this post, and tell me:
    • What is working well and/or what needs to be improved?
    • What do you find most valuable/least valuable of this product in its current state?
    • Is there something that could be added, which would make it more valuable to you?
You can also comment down below if you have any questions!

Value Propositions

"Your Physical, Day-to-Day Bitcoin Wallet"

A physical and portable Bitcoin wallet to bring around with you daily. Bring to the store to make purchases.

"Forget About Wallet Malfunctions"

Since the device is 100% non-electronic, no need to worry about water or electrical damage.

"Worried About Someone Stealing Your Funds? Don't Be."


Your Bitcoin account information is securly encrypted against your own personal PIN, and stored completely offline. Nobody accept you has access to your funds.

"Buy and Store Bitcoin in Just 3 Simple Steps"

Step 1: On your phone, download/signup for an account on the "bitbuddy" app.

Step 2: Input your credit/debit card information and confirm Bitcoin purchase.

Step 3: Scan "bitbuddy" product with phone's camera, securely transferring and storing funds.

"An Affordable, Yet Secure Bitcoin Storage Device"

Manufacture costs are low, therefore costing you less.

"Send and Receive Bitcoin Among Friends In a Matter of Seconds"

(See diagrams in next section)

How It Works


Current Design


Bitbuddy Front


Cryptocurrency device

Bitbuddy Rear:


Sort:  

i think cell phones have kind of made this idea obsolete

Thanks for the honest feedback! Positive or negative, this is exactly what I'm looking for. Thank you for taking the time to read the post.

Wow such a cool idea! The pictures and diagrams really help me see how it will all work. good job!

i think cell phones have kind of made this idea obsolete

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