ELI5: Explain Like I'm 5

bitcoin private key

A Bitcoin Private Key is like a secret number that only you know. It is a long string of letters and numbers. When you have a Bitcoin Private Key, it means that you have access to your Bitcoin. You need your Private Key if you want to send Bitcoin to someone else, or if you want to use your Bitcoin to buy something. You should always keep your Private Key safe and secret, because if someone else gets it, they will be able to get access to your Bitcoin.