So… where does Bitcoin actually live?
If Bitcoin isn’t physical, then where is it stored?
The answer is simple but powerful:
Bitcoin is not stored as a coin inside your wallet.
What you’re really storing are your private keys — which give you access to the Bitcoin registered on the blockchain.
🔐 Whoever holds the keys, holds the coins.
Two main types of wallets: hot and cold
🔥 Hot Wallet
Think of this like a wallet in your pocket — made for spending and daily use.
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Connected to the internet
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Easy and convenient
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Great for beginners
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Less secure for holding large amounts
Recommended example:
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Strike App (⚡ Bitcoin-only — beginner-friendly)
❄️ Cold Wallet
This is more like a safe at home — for long-term storage and high security.
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Not connected to the internet
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Resistant to hacking
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Protects large savings
Popular options:
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Ledger, Trezor
What does a wallet actually store?
Wallets don’t “hold” Bitcoin like a purse holds coins.
They store your private keys, which allow you to send and receive Bitcoin securely through the network.
Key advice for beginners
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Start with a Hot Wallet to get familiar
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When you’re saving more value, upgrade to a Cold Wallet for security
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Write down your recovery phrase and keep it somewhere safe
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Remember: your security is your responsibility
Summary
✅ A Bitcoin wallet stores keys, not coins
✅ Hot wallets = daily use, Cold wallets = long-term savings
✅ You decide your level of control and security
✅ Owning your wallet = owning your freedom
Coming up tomorrow
We’ll dive into the well-known phrase:
“Not your keys, not your coins” — and why it’s the foundation of true financial sovereignty.