Your Bitcoin doesn't live in your wallet — it lives on the blockchain. In this video, we break down what a Bitcoin wallet actually does, how seed phrases and private keys work together, hot wallets vs cold wallets, software vs hardware, and why the wallet is just a tool — not a vault.
0:00 Your Bitcoin doesn't live in your wallet
0:31 What a wallet actually does (two things)
1:22 Seed phrase, passphrase, and private keys
3:08 Hot wallets vs cold wallets
4:42 Software wallets vs hardware wallets
5:45 The recommended setup
6:14 Why every wallet is replaceable
7:20 The wallet is just a tool