Part 4/11:
One challenge, notably, is the fluctuation in Bitcoin’s price. However, the local community has become adept at managing volatility, with many saving in Bitcoin long-term or spending it daily. Interest in instant payments and remittances has surged, leveraging the Lightning Network’s speed and low costs, fundamentally transforming the way money flows in and out of the country.
The Power of Open Networks and Innovation
Jack provides a primer on Strike, his company’s innovative platform that leverages the Bitcoin and Lightning networks. Strike aims to simplify user interaction—linking checking accounts, scanning QR codes, and paying merchants—all without needing extensive technical knowledge. What sets Strike apart is its focus on usability, security, and global interoperability.