95. Q&A: is money debt? Can monopolists control bitcoin? How time preference fixes you
The Bitcoin Standard Podcast
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The Private Keys Are All There
To understand how private keys work, it's important to imagine the bitqin exists in the cloud. There are quadrillions of digital safes there where you can store money. And they're all out in the open - just take one and find the number for them. Once you'ver ed at that number, then that safe is yours, and you can receive money to it. But anybody can see the public address that you have for it. You can share it with people,. They can send you money, but nobody can find the private key for it. All the biquen addresses already exist. So effectively, the safes are all there. The private keys are all
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