109 sats \ 2 replies \ @hey 7 Dec 2022 freebie \ parent \ on: Bitcoin App Strike Launches Instant, Cheap Remittances To Africa bitcoin
Strike works by converting fiat > sats on LN > fiat. So I assume they needed a partner in Africa to do the sats on LN > fiat on their side. The partner is Bitnob.
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165 sats \ 1 reply \ @k00b 9 Dec 2022
Western Union can update entries in its database as easily as Strike can, so I think it's a bit of both: lightning settling between BitNob, which has local banking partnerships, and Strike, which has US banking partnerships, and trad companies not previously having competition (and price gouging).
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1108 sats \ 0 replies \ @gmd 10 Dec 2022
here because this is getting discussed on SN Live- hello!
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