Part 2/11:
Think of a wallet as your personal Bitcoin bank account: while it displays your balance and facilitates transactions, it might be a simple app on your phone or a complex hardware device, depending on your needs.
“A wallet is either a thing or a combination of things that allows you to track your balance, see when you've received or sent money, and manage the private keys used to authorize transactions.”
Different Types of Wallets: Pros and Cons
Paper Wallets: Are They Obsolete?
Paper wallets involve printing out your private and public keys separately. While once popular, their use is now largely discouraged.