A Bitcoin paper wallet is simply a printout of encrypted Bitcoin account information. It allows a user to generate and manage keys and addresses which it stores securely, ready to be used for any transaction. It’s secure because it’s totally offline, out of reach of hackers. It’s also convenient because you can pull it out anytime and use it for your transactions.
You can think of paper wallets as the suitcases you see from various individuals in the airport. Each suitcase is owned by a specific person and can only be opened by the one who holds the key.
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