3 Billion Now Have Access to Bitcoin Payments with Strike

• Strike – a Bitcoin payments company and remittance app – announced Friday that it is now available for download to over 3 billion people worldwide, including dozens of new countries.
• speaking at Bitcoin 2023 in Miami, Strike CEO Jack Mallers explained that the company’s expansion efforts were primarily targeted toward those that needed better payment tools and technology the most.
• Strike leverages the Bitcoin lightning network to enable fast and immediate Bitcoin and dollar-based remittances worldwide.

Strike Expands Support to 3 Billion People

Strike – a Bitcoin payments company and remittance app – announced Friday that it is now available for download to over 3 billion people worldwide, including dozens of new countries such as India, New Zealand, Guatemala, Honduras, Bhutan, Brazil, Ecuador, Kenya, Paraguay and Uganda.

Targeting the Global South

Speaking at Bitcoin 2023 in Miami, Strike CEO Jack Mallers explained that the company’s expansion efforts were primarily targeted toward those that needed better payment tools and technology the most – “It’s a lot of the global south,“ said Mallers. „The global south has a lot to do with Bitcoin – they have a lot to say for where the world is going.“

Bitcoin Lightning Network

Within these countries supported by Strike , users can leverage the Bitcoin lightning network to enable fast and immediate bitcoin and dollar-based remittances worldwide. Lightning is a layer 2 network that bypasses the fees of bitcoin’s base chain which can rise to levels making small transactions infeasible when placed under stress.

Strikes Expansion Plans

The international expansion plans will allow wallet users in India , South Korea , Sri Lanka ,and other countries to remit payments between them in both USD and BTC . With its expansion plan Strike hopes to provide access better payment tools and technology for those who need it most – The global south .

Conclusion

Strike’s international expansion plans will enable millions around the world access better payment tools through leveraging bitcoin’s lightning network allowing faster transaction times with cheaper fees . With this announcement strike has opened up its services to over 3 billion people all across globe making it easier than ever before for people from different parts of world send money instantly with lower costs .