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Jul 16 • 7 tweets • 2 min read
Most people picture a Bitcoin payment like a bank transfer. Money leaves one account and lands in another.
That's not what happens.
Here's what actually happens, because once you understand the process, half the FUD surrounding Bitcoin disappears.
1. You hit Send. Your wallet broadcasts a signed message to the Bitcoin network saying, "These specific coins now belong to this address." The message is signed with your private key, which never leaves your device. No one ever sees the key. They only see a cryptographic signature proving you control it.
