In your journey as a bitcoiner, studying is the most important aspect. If you were “iskul bukol” in school, turn back now. Or, you can re-think your life, and watch a movie first.
Cooperatives in the Philippines are unique in the annals of bitcoin history for being the first in the world to adopt Lightning.
That’s it!
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If you want to receive bitcoin, but keep your money in bitcoin . . .
Use Blink, formerly known as the “Bitcoin Beach Wallet.” “Bitcoin Beach” is in El Zonte in El Salvador, the first country in the world to make bitcoin legal tender, i.e. you can pay bitcoin for those famous junk foods like McDo, Starbucks, etc.
Again, Lightning is an “open protocol.” It means you can use any Lightning wallet to send to any other Lightning wallet.
That’s it!
It gets a little bit more complicated from here. But in your journey as a bitcoiner, studying is the most important aspect. If you were “iskul bukol” in school, turn back now. Or, you can re-think your life, and watch a movie first.
Use Muun. This is a “self-custodial” wallet. I will not explain the term now. Muun uses a different approach to Lightning called “submarine swaps” but I will not also explain the term now.
Lightning transfers in Muun tend to be more expensive. But Muun is my favorite wallet of all time.
There's that famous quote, “If you don't get it, I don't have time to try to convince you, sorry,” by Satoshi Nakamoto, the pseudonymous creator of bitcoin, in response to a thread about scalability and transaction rates on July 29, 2010.
It is applicable to understanding many hard things. Bitcoin is just 15 years old. It is not easy to grasp. We live only once, if you don't get it, it might not be for you. But why not try.
If it is really too hard, take your time, you can work on this first:
“Focus on bringing value to the world. Be self-reliant. Don’t just consume; instead, create. Make money, then save a little in bitcoin.”