To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.
I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.
Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.
If we don't allow licensed businesses, the U.S. will just block all U.S. exchanges, effectively limiting Bitcoin's usage within the country. People like to think it can be evaded, but it simply can't. They can easily force all banks to become Bitcoin-hostile, making it to where you either trade in person or not at all.
They
could do that, sure, but would it make sense for them to do that? I'm not so sure. Just playing devil's advocate here, really, but I see this thrown around a lot, and I'm not sure it makes sense. It's pretty clear that bitcoin isn't primarily for drug dealing or money laundering -- although anything fungible and of value could serve those purposes. And it's pretty clear it isn't going away, either (Gemini, Nasdaq, Swedish ETN, GBTC, etc). The feds may already realize that to try at this point to squash out bitcoin will only drive a new and potentially booming industry offshore.
Cash isn't primarily for illicit activities, either, but look at how they're locking that down. I can't deposit $1 into my bank anymore without letting them scan in an active driver's license (if it's expired, they will decline the deposit). You carry $1k in cash and get pulled over, even just for a routine stop, and you can have it confiscated and have every bank account/all your other assets frozen for years on end while you fight it in court. This isn't a theory -- this is happening every single day. To think that they would magically treat Bitcoin different, even when they're doing this to fiat, which has been around well over 100 years, is asinine.
A guy in Texas got arrested because he sold his car for cash (IIRC it was $13k). Why was he arrested? He didn't collect and submit AML/KYC documentation and do a background check on the buyer. Was he a business? No. He was an individual. But the simple fact that it dealt with more than $10k and he didn't force the buyer to submit documentation to him so he could send it to the IRS makes him a criminal.
