Ok, so for those of you who haven't seen it yet, check out my recent interview on CryptoManiacs Podcast.
One issue we discussed in the second half of the show was the Value4Value bridge between HIVE and the lightning network, and we talked a bit about how easy this made to onboard people like El Salvadorians, who all have lightning network Chivo Wallets now.
Read more about recent success with this here.
I have decided that I should write the spanish guide about going the other way - bitcoin to HBD. I realized that from lightning network, getting to a stable coin is not that easy. USDT (trust issues) and USDC are on ETH (fees!) and BUSD requires some much smaller fee but also trusting binance.
But HBD is a feeless stable, it might not be quite as stable as the others, but it works! And it can always be converted to $1 dollar of HIVE tokens.
This post is setting out, in english, what I want to write about in Spanish. For me the easiest way to write is in the language I think, and for tech stuff that is english. Ironically perhaps, I mostly think about agriculture and ecology in spanish, and have to translate to english.
Step 1 - Get a HIVE account.
I have some guides on this, like this one, but they are not in spanish. I can do this!
Step 2 - Withdraw Sats to HIVE.
I have not found a good guide on this yet, but I can probably start to work by reverse engineering from this guide: @brianoflondon/anyone-can-start-receiving-value-4-value-streaming-sats-for-your-podcast-hive-136933
Step 3 - Learn about HBD
I will need to pool together some other guides and make a comprehensive guide on HBD stable coin, in spanish. If you know of any information already existing in spanish, please let me know.
Step 4 - Convert HIVE to HBD on internal market, when appropriate.
Another guide is probably important about how to use Stable Coins. Something like this article on What is the point of stable coins.
If hundreds or thousands of El Salvadorians get wind that there is an easy stable coin to use to hedge the buying power of their portfolio, HBD could get a kick in the behind from increased demand.
This is just a guide for me to make the guides necessary to start onboarding the El Salvadorians. I would appreciate any spanish language support, such as pointing me to spanish guides/spanish information that already exists - perhaps @ijatz already knows about some.
Here's a selfie of me working hard on the computer this morning, from within our natural system.
