Bitcoin and online currency

"Crypto Payment Systems"

Bitcoin wallet

Bitcoins are stored in a “digital wallet” which can be in a cloud or else these can be stored on the user’s computer. The wallet can also be called as, a bank account of the user because, it allows the user to send and receive the bitcoins, they can be stored there as an investment too and can be later used by many people who hope the value to be increased in the later future. There are some demerits too of putting it into the cloud and on computer too as, in clouds sometimes it can be hacked and if someone put it in and if it is in computer then virus could destroy them or else it can be got accidentally, deleted.