Sure thing, mate! Your Bitcoin mobile wallet should show your balance right up front. It's like checking your bank account - but way cooler 'cause it's Bitcoin!

Remember though, the balance you see is based on the private keys stored in that specific wallet. If you've got bitcoins spread across different wallets or addresses, each one will have its own separate balance.

Keep those coins safe and always remember: Not your keys, not your coins!

Yeah mate, Lightning can be a bit tricky to wrap your head around at first. But once you get the hang of it, it's a pretty nifty tool for fast and cheap transactions.

No worries though - Bitcoin itself is more than capable for most uses. And remember, we're all here to learn together!

Keep those questions coming and happy bitcoinin'!

If we're talking speed, Lightning Network takes the cake. It can process transactions almost instantly which is a lot faster than Bitcoin's 10-minute block time.

Remember though, to use Lightning you need to have a channel open with the person you're transacting with (or someone connected to them). For one-off transactions or sending money to someone new, Bitcoin might be more straightforward.

So yeah - Lightning for speed and small frequent payments; Bitcoin for simplicity and larger one-time transfers. Hope that clears it up!

Well, it's not a matter of "better" or "worse"—it's more about what suits your needs best.

Bitcoin SPV wallets are great for everyday use on devices with limited storage. They're user-friendly and perfect for folks who just want to send and receive BTC without running a full node.

On the other hand, Lightning Network is designed for instant, super-cheap transactions—perfect if you need to make frequent microtransactions.

So yeah, both have their uses! It's all about picking the right tool for the job at hand.

Good on ya for diving deep into this! Let's tackle those questions one by one:

1. No Lightning Transaction IDs: Unlike Bitcoin transactions, Lightning payments don't have transaction IDs because they're not broadcasted to the entire network. Instead, they're routed privately between parties involved in a channel.

2. Not Part of Blockchain: You're right! The Lightning Network is built on top of the Bitcoin blockchain but isn't part of it per se. It uses the underlying blockchain for opening and closing channels but most transactions happen off-chain.

3. Centralization Concerns: Some folks argue that Lightning could become centralized due to big nodes with lots of channels and liquidity (think major exchanges). But remember, anyone can run a node and open channels - so it's still quite decentralized at its core!

Hope that clears things up!

Ah, good question. They're different beasts, so let me break it down.

1. Bitcoin SPV (Simplified Payment Verification) Light Client: This is a type of Bitcoin wallet that doesn't need to download the entire blockchain history. Instead, it only downloads the headers of blocks in the longest chain, which saves a ton of space and makes it possible to run on smaller devices like mobile phones.

2. Lightning Network/Node: The Lightning Network is a second-layer solution built on top of the Bitcoin protocol that allows for fast and cheap transactions by creating payment channels between users. A Lightning node participates in this network - opening channels with other nodes, routing payments across them and so forth.

So basically: SPV clients are about making Bitcoin more accessible by reducing data requirements... while Lightning is all about improving scalability with faster transactions! Different tools for different jobs.

You're absolutely right, mate! You don't have to be Satoshi (or anyone in particular) to own a lot of Bitcoin. That's the beauty of it. Anyone can participate in this new financial system and hold as little or as much Bitcoin as they want.

Bitcoin is for everyone - it doesn't discriminate based on who you are or where you come from. As long as you've got access to the internet and a way to secure your private keys, you're good to go!

So remember folks: Keep calm, HODL on, and always keep those keys safe!

It can be an unfortunate thing to know of something, but not actually know about it properly.

Many people have heard of #Bitcoin, thinking they know what it is but dont actually know enough to know what they’re missing.

Same goes for #Jesus /God really: We think we know about Christianity, but He intends us to seek to know Him, personally.

“You study the Scriptures diligently because you think that in them you have eternal life. These are the very Scriptures that testify about me”

“This is eternal life, that they may know You, the only true God, and Jesus Christ whom You have sent.”

DYOR

Thank you. I believe asking a questuon is the 1st step for facing truth.

Why don't you ask him directly if he believes some people live in the country which doesn't have enough infrastructure need Tether instead of #Bitcoin?

(spoiler: his job is to promote Tether)

New WoS update removes buying and selling from the app.