Using Bitcoin Lightning to propel mass-adoption of cryptocurrency

A question you might hear often from people who are new to cryptocurrency is

"How do I convert cryptocurrency to REAL money?"

Those reading this on Leo Finance probably have a few dozen solutions on the tip of your tongue, but for the millions of normies out there, the answer is not so obvious.

So, I decided to see if I could come up with an easy enough way for my friends to start receiving Bitcoin Lightning and showing them how to get it into their bank account.

I thought I'd start with my business-owner friends.

Step 1: get an app

The first thing I did was find a Bitcoin Lightning Wallet App. I honestly didn't do a whole lot of research. I watched a YouTube video on Wallet of Satoshi and decided it was good enough for this experiment:

I realize the video is 50 years old in Crypto-years, But it's pretty well explained.

Step 2: load some BTC

Next thing I did was load up my Wallet of Satoshi with some Bitcoin. I did this by sending some BTC to the on-chain address provided by the App:

You are welcome to send some BTC to this address for research funding :)

After a few confirmations, BTC showed up in my wallet and are ready to be used on Lightning Network.

Step 3: make a Bitcoin Lightning Payment

Here I asked my friend to use the "receive" option in Wallet of Satoshi and add a test amount of 12345 Sats.

This opens a QR which I can then scan to send the requested amount. Q46 is the local currency. You can choose which currency you would like displayed.

Once I press "send" the other person receives a payment confirmation. Now this is where it gets cool because they actually see the magic happen in front of their eyes:

Step 4: Convert Bitcoin lightning to local currency

Once you have BTC in your Wallet of Satoshi, you can
a) Send it to a on-chain BTC wallet with something like Zig Zag . I personally use a cold-wallet called Trezor.
b) use a website such as compradinero.com in my country, where you enter your bank information and send BTC to a provided wallet and that's it! In about 60 seconds my friend received his converted sats in local currency in his bank account.

You might have seen Hive account@kaleelkazi in the latest Leo Finance Podacast where he interviewed Esteban de La Peña of IBEX who are doing this exact thing in El Salvador now that Bitcoin is legal tender in this country:

@khaleelkazi/rtkrimfg

Maybe we can hear from Hive account@galberto who is from El Salvador. What is your impression of Bitcoin adoption in your country my friend?

I'm sure there are a million other ways to do this, but I decided to choose this one for now and see if people like and understand it. I realize adoption is a slow process, so I'm happy if a few people start using #Bitcoin Lightning.

I'll let you know how it goes.