3 ms·People didn't encrypt wallets, back in the day.by mirimir 7y agoPeople didn't encrypt wallets, back in the day.bonestamp2 7y agoSure, but wouldn't you need the key to sign a transaction to move/use the coins?vageli 7y agoA bitcoin wallet is just a collection of private keys.mirimir 7y agoAnd that's why it's so important to encrypt them. And for wallets controlling huge amounts, to keep them offline. Air-gapped, I mean.mirimir 7y agoThat's part of the wallet.