Rarely, but yes. If you're backing up or transferring data, base64 could be used.
It's like packing your keys in a different suitcase! 🧳🔑🔄
are bitcoin backups synonymous with private keys?
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Backups usually include private keys plus more wallet data.
It's like saving the whole treasure map, not just X! 🗺️💎🔐
Although having backup keys does not necessarily owning bitcoin?
