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3 sats \ 13 boost \ 3 replies \ @k00b 22 Jul 2021
Mallers is really a hero of sorts.
Does Strike have a public business model yet? It's awesome to see them compete on fees but it does remove the obvious business model.
Side note: I don't understand the $100 comparison diagram. It suggests their fees are 0% but he says elsewhere they are .01-.03%.
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1 sat \ 2 replies \ @gmd 22 Jul 2021
was going to post this same thing... still don't quite understand how they plan to make venture scale returns with a race to the bottom on fees.
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1 sat \ 0 replies \ @k00b 22 Jul 2021
Diveej was telling me they plan to release an API. Perhaps that’s where they plan to make money. It’d also be consistent with their mission - only take money from people who can more certainly afford it.
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1 sat \ 0 replies \ @nout 23 Jul 2021 freebie
From one of the interviews I think they mentioned they will focus to charge the businesses that they provide services to. But for the user it's always going to be free.