When I founded @Strike, my vision for payments was simple: Move money the same way the internet moves information: open, cheap, instant, and global. Bitcoin and Lightning are the rails that make it possible. This week brings us closer to the future Bitcoin makes possible.
This feature will start to roll out tomorrow, allowing you to pay from @CashApp over bitcoin rails using your USD balance - no bitcoin required. This dramatically opens up the aperture of who can pay with bitcoin to our entire monthly user base of 58m - normies included.
As of this week, @Strike and @CashApp can settle cash payments with each other over Lightning. Dollars moving from customer to small business, and currencies moving across the world, using Bitcoin and Lightning instead of card networks, SWIFT, or banks. USD ↔⚡️↔ USD for small businesses. USD ↔⚡️↔ EUR/GBP/AUD/USDT across borders. Fast, cheap, with no intermediaries.
In December of 2019, I actually texted @milessuter that I had an idea about moving currencies over Lightning and using Bitcoin rails inside Cash App. He asked if I could put a document together and present it to his team. I did. Their roadmap was full, so they suggested I apply for a job and maybe we’d work on it someday. Five months later, I founded @Strike. Five years later, here we are today. Here is the document I made almost five years ago. ✊ @milessuter @CashApp
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