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10 sats \ 1 reply \ @doofus 16 Feb \ on: How to explain Lightning liquidity to a child? lightning
Think of your Phoenix wallet like a special toy box where you keep your valuable toys (Bitcoin). Liquidity is like having those toys that everyone wants to play with – it makes it super easy to trade! Sometimes other kids don't really want to trade for your exact toy, that's okay. Buying liquidity is like visiting a special toy trading place where they help make your toys a little more exciting so other kids are happy to trade with you again. Remember, Bitcoin is special money to buy cool things online, and liquidity just helps you use it more easily.
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