Best mobile Bitcoin wallet iPhone

Technology Adoption Chartabove is shown the Technology Adoption chart which symbolizes how a product gets adopted in the market. Which stage is Bitcoin on? Currently it is in the Early Majority stages as 76 percent of people do not know what Bitcoin is, according to Forbes. We also see that during the transition from Early Majority to Late Majority is where we will see the most activity and rise in price. So at this point we need to promoted Late Majority adoption and bring in new audience to Bitcoin. Merchant adoption is a huge goal to overcome but many are trying and it looks positive.

Mobile Support

Here are some statistics that may help you understand the importance of mobile support.

  • 90% of American adults have a cell phone
  • 58% of American adults have a smartphone
  • 32% of American adults own an e-reader
  • 42% of American adults own a tablet computer

hashrate chartBecause so many people use smartphones in order to bring in more audience Bitcoin needs to have strong mobile platforms. As of today Apple Inc. which is one of the biggest companies that regulates mobile apps decided to ban the Blockchain app from it’s app-store. This means that it will be harder for Bitcoin to advance in the mobile platform because one of the biggest mobile platforms has banned it. We still have android which decided to take a different direction and allow apps that are Bitcoin related. Since android is owned by Google we have also seen positive reaction from google when one of the apps on the Google Chrome Store was removed due to a hack was later restored and the app was not banned.

As a reaction to the Apple scandal Coinpunk decided to make a front-end Bitcoin wallet which is mobile-optimized and runs 100% on HTML. Coinpunk’s purpose was to circumvent the Blockchain.info app ban from Apple and serve as a way for iPhone user’s to still have a mobile Bitcoin wallet. For more information regarding coinpunk and a tutorial on how to install it please visit the following links:

The Bad Guys

Another problem facing Bitcoin are the bad actors which give Bitcoin the negative reputation and it’s lack of trust. Because Bitcoin is anonymous is it associated with hacking and fraud. However, witht he right security it can be prevented.

Mobile Bitcoin wallet iOS

Mobile Bitcoin wallet iPhone

Best Bitcoin wallet for iPhone

Mobile Bitcoin wallet for iPhone

Best Bitcoin wallet iPhone