Strike launches global money app to 3 billion people in over 65 countries

[johnarb]

This is the part that really surprised me, and should really be a wakeup call for the US

Yes, this would confuse me, too, if I actually believed the US regulators and the ones in charge are good people that want to protect the people

Goldman Gary made hundred million cuckbucks as a bankster for Goldnan $ucks, who do you think he's going to protect the people or the bankster industry friends?

Goldman Gary was having private sex meetings with Sam Scammerman-Fraud while Sam was stealing 80,000 bitcoins and other crypto assets to sell and suppress and crash the prices, we were robbed of our bull market top price of possibly $150k to $250k per bitcoin, that is why we never had blow off top like in previous bull markets

Sam was stealing billions from private investors, did Goldman Gary protect them?

Goldman Gary did not protect all the retail investors that lost billions of $ from Voyager, Celsius, Genesis, BlockFi, etc, but he did go after influencers, like Kim Kardashian, and exchanges like Kraken and Bittrex where nobody lost any funds or crypto assets

Anyway, did Goldman Gary get fired, yet, for doing such a shitty job? Nope

Perhaps because the powers that be want to shutdown every crypto firm in the US through Operation Chokepoint 2.0?

I saw a video that the Bitcoin conference in Miami is dead, because no one wanted to spend any money having booths on the advise of their lawyers that would constitute advertising to sell securities to US retail investors

I hope they shutdown all the crypto firms in the US and restrict all the onramps and offramps

The US is a dead market for cryptos. I believe this is a good thing I have mentioned many times on different posts and different threads

 

[The_Krakenite]

Without crypto, that leaves only the Petroyuan for Americans in the near future.

And just wait... for when the BRICs start their sanctions on America...

 

[NoahA]

we were robbed of our bull market top price of possibly $150k to $250k per bitcoin, that is why we never had blow off top like in previous bull markets

I can see we both have very strong views! LOL This was a good tip to watch out for. I'm really mad too because I know from technical trading, buying close to a previous top is very risky. So when I started to go after it dumped from 69k, I was hoping for that run to 100k and just make 20-30% initially and then re-evaluate. I went heavy in Solana because of the recommendations of one crypto channel, and I for sure wouldn't have held it on the way down it bitcoin hit 100k and then dropped. Sigh.. now I have to hold this shit coin still and wait....

I saw a video that the Bitcoin conference in Miami is dead, because no one wanted to spend any money having booths on the advise of their lawyers that would constitute advertising to sell securities to US retail investors

Makes sense. I can't believe that Gensler replied to Coinbase and said that investors have all the info they need, or something like this. He literally won't make a formal statement about what each crypto is, has no problem suing firms, says its all clear, and yet when questioned with a specific yes or no question, he couldn't answer. Its a literal clown world! Imagine asking a cop if stealing this chocolate bar is illegal and he can't tell you, but after he sees you do it, he arrests you for theft!

The US is a dead market for cryptos. I believe this is a good thing I have mentioned many times on different posts and different threads

I really do believe that it will come back with a vengence after the elections.

 

[The_Krakenite]

Sigh.. now I have to hold this shit coin still and wait....

At least you get to collect your staking dividends while waiting for a greater fool to come along.

Rule #1: Don't bet against the House
Rule #2: Don't fight the Fed
Rule #3: Don't doubt the Yield-curve
Rule #4: Don't outsmart the Ethereum

 

[semperfrosty]

I can see we both have very strong views! LOL This was a good tip to watch out for. I'm really mad too because I know from technical trading, buying close to a previous top is very risky. So when I started to go after it dumped from 69k, I was hoping for that run to 100k and just make 20-30% initially and then re-evaluate. I went heavy in Solana because of the recommendations of one crypto channel, and I for sure wouldn't have held it on the way down it bitcoin hit 100k and then dropped. Sigh.. now I have to hold this shit coin still and wait....


Makes sense. I can't believe that Gensler replied to Coinbase and said that investors have all the info they need, or something like this. He literally won't make a formal statement about what each crypto is, has no problem suing firms, says its all clear, and yet when questioned with a specific yes or no question, he couldn't answer. Its a literal clown world! Imagine asking a cop if stealing this chocolate bar is illegal and he can't tell you, but after he sees you do it, he arrests you for theft!


I really do believe that it will come back with a vengence after the elections.

I was losing with Arcblock and Im currently losing with Algorand.

The best move I made was converting my arc to btc when the price dipped.

Im inclined to do the same with algo right now but on paper it has so much going for it.thought i might catch a moon landing!!

 

[semperfrosty]

I was losing with Arcblock and Im currently losing with Algorand.

The best move I made was converting my arc to btc when the price dipped.

Im inclined to do the same with algo right now but on paper it has so much going for it.thought i might catch a moon landing!!

Thought I might out-Pepe John!!! bahahahaha

 

[johnarb]

Thought I might out-Pepe John!!! bahahahaha

Pepe is the new Bitcoin

 

[deaddog]

Strike’s global money app leverages the power of Bitcoin and the Lightning Network to deliver a smooth, secure, and cost-effective experience that has been redesigned from the ground up. Customers can sign up in a few clicks, instantly send and receive cash and bitcoin, pay a Strike user, utilize the Lightning Network, and buy bitcoin, all in one app.

Strike’s platform is designed to empower people in countries around the world who face social and economic adversity including hyperinflation, unstable local currencies, and lack of access to fundamental financial services.

I can't help but wonder how many people around the world who face social and economic adversity will have acess to this app? I believe that we are talking poor people here who probably don't have a device to download this app to. These people aren't going to dump what ever savings they have into Bitcoin until the crypto winter is over. What merchants are dealing in bitcoin? I know a lot will accept it but at what cost to the consumer? I'm guessing it would be like trying to exchange US dollars in a foriegn country at the merchant level. You get raped on the exchange rate.

 

[johnarb]

I can't help but wonder how many people around the world who face social and economic adversity will have acess to this app? I believe that we are talking poor people here who probably don't have a device to download this app to. These people aren't going to dump what ever savings they have into Bitcoin until the crypto winter is over. What merchants are dealing in bitcoin? I know a lot will accept it but at what cost to the consumer? I'm guessing it would be like trying to exchange US dollars in a foriegn country at the merchant level. You get raped on the exchange rate.

The new version of the Strike app allows saving in USD equivalent. No need to have a single satoshi have everything in USDT

The biggest benefit is the ability to receive bitcoins and/or USDT with very low fees compared to what is available now

If you want to compare apples to apples, pick any of the 65 countries and let's discuss what's available now and what this Strike app will do for them

65 countries and 3 billion people will be able to own USDT (and bitcoins) on the Strike app. Prolly nothing...


https://bitcoinmagazine.com/busines...roduces-usdt-support-and-more-at-bitcoin-2023


Strike Expands Global Reach, Introduces USDT Support And Unveils Enhanced App At Bitcoin 2023 Conference

• Strike announced that their service is now available in 65 more countries spread across six continents. This coincides with the introduction of the ability to receive funds in U.S. dollar equivalents, namely USDT. In addition, the app received a major facelift and overhaul that has made the UI cleaner, the UX friendlier and also includes a new logo.
  
  “With Send Globally, the value prop is that you send dollars and receive as a local currency directly in a bank account on the other side … this one’s different — what we found through user research that people on the other side in jurisdictions with weak currencies would say ‘Hey this experience is amazing, but can I have a dollar equivalent?’”
  
  In regards to purchasing Bitcoin, Rios said that “globally, you don’t see a seamless experience.” So the new Strike app also functions as a Lightning wallet where you can buy and sell bitcoin via dollar equivalent rails.
  
  
  At his speech at Bitcoin 2023, Strike CEO Jack Mallers explained the wider vision of the updates, saying "We’re delivering a cash balance that the global south can rely on, and an awesome beautiful punk unconventional black and white brand, as the Fed is driving our own banks insolvent."
  
  He also highlighted the company’s response to feedback, displaying a set of tweets asking for LNURL support, shortly after announcing that the new app has LNURL support — all usernames@strike.me function as a LNURL as of the launch.
  
  “We made a lot of product changes to support what we hope to become an amazing global money app,” Mallers said. “As a company, we know what we’re fighting for, we know who we are, we changed the way we looked, but we never changed the way we felt.”
  
  In addition to the new features and access, the app includes a simplified sign-up process in order to make signing up easier. “The end goal for us is to serve 7-8 billion people, and we’ll be stepping our way to make it to the countries that didn’t make it in this MVP,” Rios explained.
  
  Rios explained the impact of the launch and additional features, saying that “For the Bitcoiners, you can expect a beautiful Lightning wallet and a cost effective way to buy bitcoin, and for the people not yet so familiar with bitcoin, but are familiar with 109% inflation, giving them access to a U.S. dollar equivalent stablecoin is massive — now you can save in something that won’t be so quickly devalued.”

 

[deaddog]

The new version of the Strike app allows saving in USD equivalent. No need to have a single satoshi have everything in USDT

The biggest benefit is the ability to receive bitcoins and/or USDT with very low fees compared to what is available now

If you want to compare apples to apples, pick any of the 65 countries and let's discuss what's available now and what this Strike app will do for them

I can see where Strike will benefit the masses and make the transfer of funds and the ability to buy crypto easier. I' wondering if the masses will have the technical know how and hardware to take advantage of the benefits.
Who makes money with Strike?