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Here's my explanation of vs

On-chain BTC:

* Savings account
* Virtually impossible to break security
* Slow (not compared to moving physical gold, or bank transfers across currency zones, but compared to instant transfers)
* Expensive (not compared to moving gold, or bank transfers across currency zones, but fees have to rise with more usage)

Lightning (Off-chain BTC):

* Checking account
* Reasonably secure, but not unbreakable
* Fast/instant
* Virtually free

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