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It is a way to keep your bitcoin s. Specifically, around the globe software which was designed to hold bitcoin. This may be run with your desktop computer, laptop, mobile phone (except, as yet, Apple) and will also work made to help keep bitcoins on things like thumb drives. If you are concerned about being hacked, then this is a good process. Even the Winklevoss* twins, which millions dedicated to bitcoin, place their investment on hard drives which they then put appropriate into a safety deposit box.
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