Comment: You can't lose your

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In reply to comment: wrong. If you have your (see in situ)

You can't lose your

bitcoins due to power outage.

The way bitcoin works you actually never have them at all. Sounds weird but it's true. Bitcoin is really a distributed ledger system. The history of who (which wallet address) has each coin is tracked from the very beginning of Bitcoin to present. This distributed database (ledger) is called the "block chain" and computers all over the world keep a constantly updated copy of it. As long as you don't lose your private key - a long string of characters which can be printed out and/or backed up - then you can't lose your bitcoins. Even if you don't have a computer (or power) at all.