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Recently updates from Argentina reveal that more than 100,000 people have signed up to utilize Strike's Bitcoin services in less than two weeks since it launched.

Strike has been operational in Argentina since January, but the startup began by allowing customers to transact with Tether, a stablecoin. Despite the fact that this is a small amount in comparison to the country's population of 46 million, it demonstrates the country's growing understanding of cryptocurrency's utility.

Share your opinion.

 

[Balint098]

That's good. USDT and many other stable coins are the best when it comes to transferring money. Unlike normal crypto, they don't fluctuate and make use losing money when the price drops. Seems, countries in Latin America is a good market for crypto too. Crypto growth can't be beaten.

 

[microunit]

Will usdt is quite the most famous stablecoin on the moment although usdc is trying to catch up usdt is still dar ahead, and quite a good improvement that many more people are testing and understanding more and more about cryptocurrencies and even stablecoins

 

[Ptrikha90]

A good news !
Tether is a new coin for me.
So the expansion in Argentina picked up when BTC to Tether exchanges were allowed. Or BTC picked up on its own?

 

[Wisdom01]

i think the lightening network is actually fast ,so offering Bitcoin service with such would actually be a nice concept ,and I think offering usdt option is actually a great thing and decision ,atleast the people would live to trade their asset with it at a minimize trading fee ,so the lightening network the strike Bitcoin service is offering would call in for more development

 

[crypworld]

Well that's good news for the country. When some countries are trying to ban bitcoins, some are trying to push it up with all force and legalize bitcoin.

Not all exchanges have bitcoin lightning network and I hope it is introduced in all crypto wallets and cryptocurrency exchanges, so we can all use it freely.

 

[Ptrikha90]

i think the lightening network is actually fast ,so offering Bitcoin service with such would actually be a nice concept ,and I think offering usdt option is actually a .....

If that means faster BTC transactions, it is a really good thing that would happen!

 

[Wisdom01]

If that means faster BTC transactions, it is a really good thing that would happen!

although for now not every exchange platform have the lightening network , but I believe that with the way things are going once popular exchange platform start having lightening network ,the importance or use of it would really spread to s very wide range for me tho

 

[Ptrikha90]

although for now not every exchange platform have the lightening network , but I believe that with the way things are going once popular exchange platform start having lightening network ,the importance or use of it would really spread to s very wide range for me tho

So do things change in the way we do transactions if a Crypto is associated to Lightning network, or is it more of a backend technical implementation only?

 

[achawaskey]

It means cryptocurrency knowledge and trust is growing in Argentina and by setting up strike that allow transaction on cryptocurrency means the future of cryptocurrency is bright in Argentina. I would like the same thing to happen in other country.

 

[Wisdom01]

So do things change in the way we do transactions if a Crypto is associated to Lightning network, or is it more of a backend technical implementation only?

YEah the change is that there is quicker trabsaction and lesser transaction fee ,this is what many people actually want ,and that's why they want lesser transaction fee and not high transaction fee ,which I believe lightening network could actually help resolve or settle out

 

[Horia_10]

Lightning is definitely a great payment solution and if you are using the block chain blue wallet is good for storing its funds in a personal wallet there are other wallets as well but they have very small limits and are not recommended if you regularly receive deposits or would want to add funds in the wallet actually indeed .

 

[Wisdom01]

Lightning is definitely a great payment solution and if you are using the block chain blue wallet is good for storing its funds in a personal wallet there are other wallets as well but they have very small limits and are not recommended if you regularly receive deposits or would want to add funds in the wallet actually indeed .

Lightning network is an additional benefits to Bitcoin , because for the fact that you could use the network to carry out transaction with low fees actually makes it worth checking , it's a great payment solutions or method ,so many are really using it to their advantage as they can't pay the huge fees