Strike is killing it. Going after the small markets where Lightning will have the most impact first.

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Has JM elaborated on why ETH/USDT vs a more Bitcoin-centric solution? Or is this merely a baby step?

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No bitcoin support, just USDT. Strike is becoming a bank for stablecoins.

https://news.bitcoin.com/strike-arrives-in-argentina-with-usdt-support-no-bitcoin-integration-yet/

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bitcoin.com is probably the worst source to get information about Bitcoin. Be careful there, it will try to trick you into one of the failed forks...

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This article is completely false. User balances are held as USDT. It's powered by Bitcoin and ⚡️, not by USDT. Users can send/receive onchain or on ⚡️ just like all other Strike users. Jack has explained how Strike works many times. https://bitcoinmagazine.com/business/jack-mallers-strike-bitcoin-agility

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Maybe they will use stablecoins instead of BTC? SC has the stability advantage and very few care about the negatives.

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The Argentina Stable Coin is not that stable.

https://twitter.com/jackmallers/status/1480964519086206977?s=20 Argentina is plagued with a history of economic turmoil and uncertainty. Inflation will reach 55% this year. GDP will contract by 12% this year. There have been 8 currency crises since the central bank was founded. Half the population is already living in poverty.

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Of course I mean USDT or something similar.

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