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Replying to Avatar Dan

This is semantic, but probably important:

A) Bitcoin (UTXOs) *cannot* be stored offline

B) Bitcoin (UTXOs) exists on The Bitcoin *Network* (requires network connection)

C) Keys can be stored offline. Keys are not Bitcoin. Keys prove ownership of Bitcoin (UTXOs)

For you to spend Bitcoin you need two things

- Keys

- The Bitcoin Network

Without a network your keys become useless. Whether or not they are "offline" doesn't matter.

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nobody 2y ago

you're discussing Bitcoin. im discussing bitcoin per the white paper.

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Dan 2y ago

Oh you mean the white paper that literally has a section called "Network"?

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