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@ Dikaios1517
2025-05-17 18:55:06
Bitcoin isn't hard, it's just unfamiliar.
One of the hardest concepts for folks to wrap their minds around is that the Bitcoin they own isn't actually IN their wallet. The wallet is just software to allow you to interact with Bitcoin nodes, where your Bitcoin (along with everyone else's) is actually stored.
Even more difficult for folks is that you don't transfer your Bitcoin INTO your hardware wallet to keep it safe. It's still living on the nodes. The hardware wallet is just a glorified password manager designed to store a very strong password very securely, because you can only maintain exclusive right to transact with your Bitcoin if you can keep that password a secret.
Now, that might seem convoluted, and that fiat is way more simple. But then, most folks also have no idea just how convoluted fiat really is, and how little they actually understand about how it works under the hood.