Bitcoin wallet strike extends support to 3 billion people and aims at the global south
Bitcoin wallet strike extends support to 3 billion people and aims at the global south
Strike-a Bitcoin payment company and a transfer app-announced on Friday that it is now available for over 3 billion people worldwide, including dozens of new countries.
The international expansion will enable wallet users in India, South Korea, Sri Lanka and other countries to transfer payments to each other in both USD and BTC.
the global south in sight
Jack Mallers, CEO von Strike, spoke at Bitcoin 2023 in Miami explained primarily focused on those on Most better payment tools and technologies needed.
"It is a large part of the global south," said Mallers. "The global south has a lot to do with Bitcoin - they have a lot to say about where the world is going."
An incomplete list of 47 supported countries presented during Mallers' presentation included Bhutan, Brazil, Ecuador, Guatemala, Honduras, Kenya, Neweland, Paraguay and Uganda as well as previously announced extensions Style = "font-Weight: 400"> Argentina nigeria, kenya and ghana
In within these countries, Strike uses the Bitcoin lightning network to enable fast and immediate Bitcoin and dollar-based transfers worldwide. Lightning is a Layer-2 network that circumstances the fees of the Bitcoin basisisette, which is possible elevate to a level that makes small transactions under stress impenetrable.
The worldwide public relations for strike lasted two and a half years and included cooperation with the regulatory authorities in the Bitcoin office of El Salvador in order to create a license for Bitcoin companies so that they can work legally. In addition to the United States, the country was the first country to support strike and today houses the headquarters of Mallers' company E4.
Maller emphasized how important it is to give the global south access to a "money app", and not to an existing "stock exchange" such as Binance, FTX or Coinbase, which promotes "speculative gambling".
"We want to compete with Binance," said Mallers. "We know that the 3 billion people we serve - their first experiences and their first Bitcoins from FTX, from Binance, have received from many of these stock exchanges, whose trustworthiness has not been fully proven."
Strike now also supports Lightning Address, with which users can set up an email-like identifier to send you Bitcoin via Lightning instead of using a QR code. Announcements at the Bitcoin conference have become a tradition for Mallers: In June 2021, he announced that El Salvador Bitcoin would make a legal means of payment at the time. In 2022, Mallers announced at the same conference that his company received a partnership with Shopify and NCR-the largest point-of-sale payment provider in the United States. This would ideally enable users of the Bitcoin lightning network to pay in popular shops such as Walmart, McDonalds, Home Depot and others with Bitcoin. Although unexpected obstacles have significantly delayed the complete implementation of these plans, the company integrated with the POS giant clover in January. . Earlier announcements by Strike