Get my paid Bitcoin course here:https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoinIn this video, I discuss the Lightning Network, payment channels, channel management, and inbound liquidity. I also discuss how modern Lightning wallets like the Phoenix Wallet spin up a Lightning node on your phone and help with channel management.Be sure to check out Part 2, coming tomorrow. Not investment advice! Consult a financial advisor.Phoenix Wallet:https://phoenix.acinq.co/ Bitcoin on-chain:https://mempool.space/Lightning Network:https://mempool.space/lightningHow Money Actually Scales (Gold, USD, Bitcoin):https://www.youtube.com/watch?v=TDvZ2z_z6sEWallet of Satoshi banned by US:https://www.nobsbitcoin.com/wallet-of-satoshi-stops-serving-us-customers/I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #Lightning #Phoenix Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=9j_slmZ7Eyo