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Bitcoins aren't stored. In your head or any where else.
by postalrat 6y ago
Bitcoins aren't stored. In your head or any where else.
- gruez 6y agoSeems like a pointless nitpick? It's a figure of speech. In the context of this discussion, there's no meaningful difference between "you store bitcoins in your head" and "you store the keys allowing you to unlock bitcoins stored at an given address in your head".
- nightski 6y agoSeeing as you can start a node yourself and download the full blockchain it's clearly stored somewhere.
- dboreham 6y agoYes they are. They're stored in the replicated database hosted by the current network of mining nodes. If there isn't state in that database representing your possession of coins, then you can't spend them.
- tromp 6y agonot just mining nodes, but all full nodes.
- tromp 6y agobitcoins are knowledge of private keys to spend utxos. private keys are stored in wallets, while the utxo set is stored on thousands of full nodes all over the world.