The Cryptotag Wallet is a Godsend for those who want to secure their cryptocurrency in a titanium mini-safe.
Welcome to the Cryptotag titanium wallet that securely backs up cryptocurrency hardware wallet ‘recovery seeds’.
These recovery seeds were formerly known as the private and public multi-character password keys that are needed to access and move cryptocurrencies such as Bitcoin and Ethereum. This process was ripe with risk, not only because of security concerns, but also in remembering and storing these recovery seeds on pieces of paper.
There are stories galore of those who have forgotten their passwords, lost their laptops or, like this writer, had their funds stolen for a virtual online wallet. So, step forward the Cryptotag wallet, a beautiful object of crypto desire.
It truly is a thing of beauty, a 3.6kg black box that comes with the titanium Cryptotag device itself, letter stamps, a hammer and anvil, a so-called bitholder, earplugs and, bizarrely, some matches.
Users ensure their paper-written recovery seed is accessible, then this seed is smashed into the Crytotag using the hammer and anvil… and the earplugs to prevent tinnitus. Once this is done, and it takes some time, the matches are there to burn the now-redundant paper copy.
For many, this may seem like a long-winded and expensive approach to accessing money, but think of it as a Zen experience, not just the process in using primal tools of hammer and anvil, but treating currency like the Gold Standard.
At 169 Euros, this product is not for those who like short-cuts and commercial races to the bottom, but those who like quality in their life. And it really is too beautiful to lose. People have Mont Blanc keys on their desks, not in the inside pocket of their suits or in their handbags.
Moreover, as somebody who had £25,000 of cryptocurrency stolen by hackers last year who used my laptop keystrokes to do so, I wish I had known about the Crypotag before. I’m now all over titanium; so should you.