🔑 The private key (password / passphrase) the basics. 🔴 Everyone should know that if you do not have a private key, you are not the owner of your coins. 🔴 Everyone should know that if you lose your private key, you will forever lose access to your wallet. 🔴 Everyone should know that if you haven’t written down, forgot the private key, then it cannot be restored. 🔴 Everyone should know that you cannot send and show a private key to anyone.