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by dhsysusbsjsi
1470 days ago
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This statement bugs me because it is a large source of confusion for new people. Your funds are spendable by your private key. Your private key is stored on Metamask, Ledger or a piece of paper. It’s an important distinction to make. Your hardware wallet is just a custodian of your private key. |
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Almost every document out there talks about storing coins in your wallet. It’s actually a private key in there.
Maybe with the right language, more people might be tempted to hold their own keys and eschew centralised exchanges.