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What is a Bitcoin Wallet? (in Plain English)

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A Bitcoin wallet is a device or program that stores your private keys and allows you to interact with the Bitcoin blockchain (i.e. send and receive Bitcoins). It’s important to differentiate between wallets where you have complete control over your private keys (non-custodial) and those that don’t give you access to your keys (custodial).That's Bitcoin wallets in a nutshell. For the complete explanation keep on watching the video here's what I'll cover:0:55 - Bitcoin wallets in a nutshell1:22 - What is a private key?1:55 - What is a Bitcoin address?2:22 - What are HD wallets?3:13 - Backing up your private key3:41 - Different Bitcoin wallet available7:30 - Cold storage wallets7:51 - Paper wallets8:25 - Hardware wallets9:07 - Brain wallets10:00 - Multisig explained11:31 - How to choose a Bitcoin wallet12:53 -

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Al Jazeera English | Live
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