“But as with all new technology, it can be incredibly hard to explain what’s actually happening, without getting too complex. This got me thinking about Bitcoin education and how to ELI5 (Explain Like I’m 5) with Bitcoin Lightning, enter… Bitcoin Lightning: The Airport Analogy” – Danny Scott

Today we hit a short piece but a really great analogy in order to make sense of the lightning network. Since I’ve recently had a few people ask me about this and a fellow audionaut made a great suggestion for a short article, I thought this would be good to hit especially in the spirit of trying to get back to covering some of the fundamentals of Bitcoin and how it and many of the tools around it work, in simple, digestible explanations. And so we paint an easy picture of Lightning, with the Airport Analogy.

Link to Danny’s medium page for his other writing and more from the CoinCorner Blog:
https://blog.coincorner.com/how-bitcoin-lightning-works-a21fdb5f0450

Another great pice mentioned in the Guy’s Take is Isaiah’s Job:
https://open.spotify.com/episode/5snLqMe7gd9crBvKpcBT5G?si=b06aa288bfa748ca
Check out the show on Fountain:
https://fountain.fm/show/RtZlWdbEbpyEyjBNbeQ7

Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in the store until Christmas! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)

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“If you can’t explain is simply, then you don’t understand it well enough.” – Albert Einstein
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“Bitcoin is paradoxical. It is simple yet complicated, ever-changing yet unchangeable. A novel machine without any novel parts; a technological innovation that isn’t really about technology. You can’t touch it, yet it is hard money. You can’t see it, yet it will show you a vision of the future. You can’t possess it, yet thousands of people seem to be possessed by it.” – Dergigi

In the spirit of getting back to some of the basics, I want to open up a series of hitting basic concepts around bitcoin and how to use and interact with its network and many moving pieces with the opening chapter of Dergigi’s forthcoming book, 21 Ways. Chapter Zero: A Quick and Dirty Explanation…

Link tot he read plus Gigi’s other phenomenal work:
https://21-ways.com/ch0-03-quick-and-dirty/

Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)

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“Study hard what interests you the most in the most undisciplined, irreverent and original manner possible.” – Richard Feynman

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message