Trying to follow #npub15879 to learn all the bitcoin things, and am feeling challenged. I need someone to breakdown the wallet thing... will be going back to Bitcoin Breakout episode 1 and starting from scratch, but I've got Strike and Exodus downloaded from before. Now BlueWallet because I was trying to figure out how to Zap. Set up Alby yesterday as a part of this Noster business... downloadedWallet of Satoshi yesterday and bought my first Bitcoin on there. I'm really having a hard time narrowing down what is a wallet, what is for lightning, what is an exchange. Can someone break this down for me. OH! And I have the Fold card, but I can't load money to it easily because my mailing address with my bank is a PO Box, so can't connect to my bank account. I'm going to try direct depositing part of my paycheck. Just feel like I have downloaded all of the things and don't know what to use for what. PHEW!
Discussion
I mean #npub15879mlt
Not technical explanation at all and probably has a bunch of holes in the explanation but to make it really understandable. I would say an exchange is like having chickens still at the place that you bought it so they say they are yours but they are not in your possession. A wallet is like having them in your possession.
Not exact but a basic explanation how I understand it.