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Does Bitcoin wallets hold the bitcoins? What exactly do wallets hold?

They hold the keys or access to the keys which control the coins. The coins actually stay on the chain.

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So True. The beauty of the Bitcoin network is truly something special, and there's always more to discover.

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Man, you gotta remove this crap from your profile:

passionate about Web3.0 and blockchain

This is no place for shitcoinery and bLoCkcHaIN-trash.

Nostr and LN is already "Web 3.0" (what does the zero even mean?)

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Bitcoin is Blockchain. Open yo mind.

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