What is a Bitcoin paper wallet?

A Bitcoin paper wallet is a way to store Bitcoin offline as a physical document. It is a form of “cold storage” that allows users to store their Bitcoin in an offline environment, away from potential hackers and malicious actors.

A Bitcoin paper wallet includes two components: a private key and a public address. The private key is a long string of random characters that acts as a password for the wallet. The public address is a string of characters that can be used to receive Bitcoin.

The paper wallet is often printed out as a physical document, which is then stored securely. This form of storage is considered to be one of the most secure ways to store Bitcoin, as it is not connected to the internet and cannot be hacked or stolen.