when you visit uh website .. some of ‘em make you sign up to access the full site ! if you don’t use an email to sign up .. you don’t gain access to the full version of the website .. or the benefits !
when wanting to purchase an item .. we all most likely use debit cards and .. when people want to invest in uh particular stock .. they usually have to sign up for uh brokerage account which allows them access to the tools .. products and services to do so !
in the world of web3 .. you need access ! yesss .. alongside an internet connection and uh device such as uh computer .. tablet or smartphone .. you’d need something to get you in the door sorta speak !
think of uh frat party you want to go to and .. in order to do so you’d need uh secret code to get in ! in web3 .. the crypto wallet is that secret code to get into the party .. of web3 .. your essential log-in that’ll give you access to almost all things web3 !
in all essence .. uh crypto wallet is more or less uh google account with financial capabilities .. the financial side of it is where you can purchase .. hold and send crypto ! now when it comes to the google side of it .. uh crypto wallet has what’s called uh SEED-PHRASE .. and not uh password ..
think uh this as uh seed-phrase being uh safe .. whereas uh password is more or less the secret code to get into uh frat party .. one is self secured while .. although secure .. the other one has multiple intermediaries involved in keeping it secure .. one is set up .. maintained and kept safe solely by you and you only ! while the other could be set up .. maintained and made secure with help from others ..
just hold to that info for now .. part 2 soon !