Thursday evening, telling users they can now “take Strike anywhere and earn rewards on everyday spending.” The rollout will begin with a waitlist.
Strike is one of the better-known apps built on the Lightning Network, a Layer 2 protocol designed to speed up Bitcoin-based transactions. The app made headlines in April when CEO Jack Mallers announcedIn a series of tweets, Strike said users will be able to use the new card for direct deposits, to be paid in bitcoin, buy bitcoin, send and receive money, spend funds using Apple Pay and Google Pay, and earn rewards.
It also said that 1% of all profits associated with the card will be donated to open-source Bitcoin development.raised $70 million© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Ryan is The Block's deals editor. Before joining he worked at Financial News, and has also written for the likes of Wired, Sifted and AltFi.
Just what we DON’T need… another centralised fintech masquerading as crypto / defi.
I use Strike for Direct Deposit spot buys (low fees) and fold_app Debit (awesome rewards) for my purchases / mortgage payments. Haven’t found a better system.
Why is everybodyy silent on thiss.?
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