GrumpyG on Nostr: Agreed. Venmo is what people recognize and the experience they are after. In that ...
Agreed. Venmo is what people recognize and the experience they are after. In that way, Strike still offers the best experience and do it right, imo.
They onboard, and offboard in seamless fashion. They're a Bitcoin company but the focus is on the payment rail, not so much the Bitcoin itself. They offer the ability to hold cash or BTC and seamlessly transfer back to the home bank. They're a bridge. For me, that's what we're missing.
You just can't touch the traditinal banking rail without getting tied up in KYC. That's what most here are looking to avoid. There's just very few ways to do it. Atomic swaps are one thing, but it's expensive. That's for fanatics. It's possible, but that's a hard sell for most. Strike did the regulatory work in that arena and take the cake as far as I'm concerned.
Zeus offers a great solution by making the phone the node and instant 0 config channel to Olympus. Highly underrated.
Until things are priced in sats, people don't seem to have interest in using the Bitcoin network as their bank. Right now, it's still a speculative asset.
They onboard, and offboard in seamless fashion. They're a Bitcoin company but the focus is on the payment rail, not so much the Bitcoin itself. They offer the ability to hold cash or BTC and seamlessly transfer back to the home bank. They're a bridge. For me, that's what we're missing.
You just can't touch the traditinal banking rail without getting tied up in KYC. That's what most here are looking to avoid. There's just very few ways to do it. Atomic swaps are one thing, but it's expensive. That's for fanatics. It's possible, but that's a hard sell for most. Strike did the regulatory work in that arena and take the cake as far as I'm concerned.
Zeus offers a great solution by making the phone the node and instant 0 config channel to Olympus. Highly underrated.
Until things are priced in sats, people don't seem to have interest in using the Bitcoin network as their bank. Right now, it's still a speculative asset.