related posts
610 sats \ 2 replies \ @kr OP 27 Sep 2022
Strike is getting into unicorn territory with this raise (they may already be there).
Bullish for Lightning.
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655 sats \ 1 reply \ @kc_hodl 27 Sep 2022
Indeed. Great to see a bitcoin only VC (Ten31) lead the round.
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10 sats \ 0 replies \ @shyfire 28 Sep 2022
Absolutely. I hope Strike kills visa and Ten31 make a fuck load of fiat and buy BTC with it.
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889 sats \ 0 replies \ @dergigi 28 Sep 2022
Let's fucking gooooooo!
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889 sats \ 0 replies \ @jarednxx 28 Sep 2022
Saw a related article in Axios. There was a link at the bottom "lightning network has it's share of issues". Found the owner of the repo it is a Bitcoin Cash / Roger Ver shill... pinged the author Crystal from Axios, that while lightning isn't perfect, this is a disengenious narrative driven list. Hopefully they remove. If curious can follow-up. She responeded to my email outlining this!
Repo/list of anti-lightning: https://github.com/davidshares/Lightning-Network
Repo owner: https://twitter.com/davidshares
Article: https://www.axios.com/2022/09/27/payments-shop-strike-raises-80-million-in-bitcoin-maximalist-flex
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266 sats \ 3 replies \ @ek 27 Sep 2022
Well, I wouldn't have explained it like this and I am not sure if that explanation is even correct in the slightest way, but I guess people get the idea with this.
Always funny to read explanations about things you know some stuff about from people who apparently know nothing about it or are trying to dumb it down.
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606 sats \ 0 replies \ @timechain 27 Sep 2022
Yeah, I wouldnt explain it like that at all.
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100 sats \ 1 reply \ @SHORT_TSLA 29 Sep 2022
Gell-Mann amnesia effect described by Michael Crichton:
https://www.goodreads.com/quotes/65213-briefly-stated-the-gell-mann-amnesia-effect-is-as-follows-you
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0 sats \ 0 replies \ @ek 29 Sep 2022
Haha, yes, got aware of this effect before but never realized it had a name! Well, now I know, thank you!
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373 sats \ 4 replies \ @bumi 27 Sep 2022
what is strike actually doing?
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802 sats \ 2 replies \ @nullama 28 Sep 2022
I think they want to be able to do cheap forex through Bitcoin.
That is, if you want to transfer/convert currency A to currency B they would buy Bitcoin with currency A, then transfer Bitcoin to a wallet in country B, then buy currency B with that Bitcoin.
Basically using the Bitcoin network as a cheap money transfer mechanism.
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101 sats \ 1 reply \ @swifteagle8 8 Oct 2022 freebie
Why wouldn’t you just use a stable coin? Strike is already centralized and requires KYC.
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0 sats \ 0 replies \ @nullama 9 Oct 2022
I haven't used it so I'm not sure, but I think it's just simplicity.
I think you can spend Bitcoin and receive USD directly to a bank account from one place. There's no need to go through an exchange.
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0 sats \ 0 replies \ @DarthCoin 8 Oct 2022
This is Strike
https://i.postimg.cc/rF4hc8mq/strike-abomination.jpg
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100 sats \ 0 replies \ @shyfire 27 Sep 2022
Nice, and in a bear market to boot.
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100 sats \ 1 reply \ @nsebast 30 Sep 2022 freebie
Let's hope Visa and/or Mastercard don't buy Strike...
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0 sats \ 0 replies \ @rijndael 1 Oct 2022
They won’t
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125 sats \ 0 replies \ @linesgone 27 Sep 2022
Good for them. Both Strike and Cash App are going to be the primary vehicles for mass adoption of Bitcoin.
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0 sats \ 0 replies \ @mrbrownstone 27 Sep 2022
And no sign of a https://lightningaddress.com/ implementation? Why not? It would be so simple.
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10 sats \ 0 replies \ @shyfire 28 Sep 2022
This is the best news I heard all day. Incredible. Congrats to the Strike team.
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0 sats \ 0 replies \ @Wil 27 Sep 2022
Strike is the best I can't wait for that visa card
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0 sats \ 2 replies \ @BITC0IN 27 Sep 2022
wonder if there valuation decreased or increased with this raise
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30 sats \ 1 reply \ @k00b 27 Sep 2022
Almost certainly an increase. Companies usually sell 10-20% of the company in a round, meaning the valuation could be as high as $900,000,000.
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0 sats \ 0 replies \ @BlokchainB 27 Sep 2022
Wow!!! I hope SN can reach these valuations same day IN BTC
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