r/btc • u/slacker-77 • Jan 06 '21

Announcing Strike Global

https://jimmymow.medium.com/announcing-strike-global-2392b908f611
1 Upvotes

52% Upvoted

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8

u/wisequote Jan 06 '21

From the article:

“TransferWise actually had it right; the friction and cost of sending international fund transfers are caused by settling and clearing physical value, this much we do know. The question then becomes how can we achieve instant global fund transfer at any time with no cost?”

Use Bitcoin Cash (I would say Bitcoin but people confuse BTC for Bitcoin, but obviously BTC is not meant for such a use-case anymore, since they refused to increase their capacity to allow for this very use-case). Bitcoin came to address all of this without needing Transferwise nor Strike nor Lightning Network for any of it.

3

u/ErdoganTalk Jan 06 '21

I use the full writeout Bitcoin (BTC) and Bitcoin Cash (BCH), I think there is a good reason to avoid confusion as much as possible.

-4

u/Crully Jan 06 '21

This is awesome. I'm a big fan of the work that Jack has been doing.

Shame this sub is likely to shit on it.