Bitcoin's Lightning Network-powered app Strike has launched its services in Argentina.

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The company said Tuesday that Argentines will be able to make bitcoin remittance payments, receive bitcoin tips on Twitter and use Strike's peer-to-peer transaction services.

• Argentina is the first step in a 2022 Latin American expansion that will include Brazil, Colombia and "other Latin American markets," the company added in a statement. The company launched its payment app in El Salvador last March.
• Strike is currently working with merchants, consumers and individuals in Argentina, according to the statement. So far, the company has launched initial integrations and activations in the southern city of San Martin de los Andes, located in Patagonia.
• The company quadrupled its Latin American team for its Argentina start and plans to continue hiring in the region.
• "Argentina is one of the most exciting countries for building the Bitcoin economy, leveraging Bitcoin as both a superior asset and a superior payments network," Strike founder and CEO Jack Mallers said in the statement.

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the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT

Three days after announcing it was launching services in Argentina, the Lightning Network-powered app Strike is only supporting Tether’s USDT stablecoin in the country.

Argentine users have complained the app will not allow them to buy, sell or hold bitcoin as Strike users in other countries can. The company made no mention of supporting only Tether at the time of its Tuesday launch announcement.

[Pudgy]

Whatever bitcoin is doing, the United States should imitate that, because bitcoin is constantly increasing in imaginary value, which all the United States currency also is made up of thin air with no basis in fact, is subject to massive inflation which lowers its valuation.

I think that the comedian Steve Martin made passing reference to this in the 70s mentioning holding up a poster of Ferrah  Fawcett with one hand.

 

 

[admin]

I will need to Google that. Thx.