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I thought creating a new wallet meant creating a completely new identity ????

Bitcoin Reddit

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When I first explored crypto wallets, I thought every wallet app created a completely separate account.Later I learned that what really matters is the recovery phrase.Different wallet apps can access the same wallet as long as they're compatible and you have the correct recovery phrase.That small realization made the whole idea of self-custody much easier to understand.

Was there any beginner misconception that took you a while to figure out?

submitted by /u/Ok-Tap6722
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