The video was good


Chuck England asked 5 months ago

I am still trying to wrap my head around this. So who holds the ledger and where does our paper money go to? Also, the guy in the video, are you single.

1 Answers
Steven Hay answered 5 months ago

Hi Chuck,
 
Your paper money goes to whoever sold you the bitcoins, it could be an exchange or an individual, depending on your purchase method. The Ledger is a hardware wallet which you hold… Unless you mean the Bitcoin blockchain, which is sometimes characterised as a “public ledger.” In the case of the latter, all people running a full Bitcoin wallet have a copy of the ledger.

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