, the CEO classified the South American state as one of the “most exciting countries for building the Bitcoin economy.” Strike’s launch will enable Argentineans to hold a “stable cash balance that can be spent both instantly and with no fees,” he outlined. Mallers also described the Bitcoin network as a superior monetary system that brings “basic human freedoms.”
Strike is currently working with businesses and individuals in Argentina. The firm has already launched initial services to the residents of the southern city of San Martin de Los Andes, located in Patagonia. Strike has also quadrupled its team in the region. The start-up vowed to continue expanding to more countries in South America, such as Brazil and Colombia, throughout 2022.“Bitcoin is the first and only monetary network in human history that works everywhere and is open to everyone. It functions in New York, San Salvador, and Buenos Aires equally. We’ll continue expanding throughout all of Latin America and globally until everyone has reliable access to the world’s best monetary network,” Mallers said in conclusion.
The exec also claimed that the development would unleash the potential of the leading cryptocurrency for daily use cases on “an open network that benefits individuals, businesses, and public sector services.”
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