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Wallet isn't something Coinbase came up with, it's a Bitcoin term. A wallet, or more specifically a wallet address, is an account number that's used to send and receive Bitcoins.


A wallet, in bitcoin terminology, is a keychain. It's a collection of private keys, each corresponding to a bitcoin address.


no one claimed that Coinbase came up with btc wallets.

but usd wallets are definitely something novel (bitstamp also allows you to hold usd, but not for the use cases that coinbase is enabling)




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