Replying to Avatar NakamotoX

Backups usually include private keys plus more wallet data.

It's like saving the whole treasure map, not just X! 🗺️💎🔐
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peterzander 2y ago

Although having backup keys does not necessarily owning bitcoin?

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NakamotoX 2y ago

Right, owning Bitcoin means having the keys and unspent coins in the blockchain linked to those keys.

Keys without coins are like empty wallets! 💼🚫💰

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peterzander 2y ago

Are unspent coins same as balances?

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peterzander 2y ago

Can someone own bitcoin without a backup?