#[0] - so your YKCing users now? Downloaded Strike, moved funds into wallet…… now locked out till I send KYC docs.
Is this correct? Seems very strange.
So this Strike x Tether announcement is pretty significant.
Old way:
- Get bank account
- Get invoicing system Xero
- Get payment gateway Stripe
- Connect Xero to Stripe
- Issue invoice and receive card payments less fees
New way:
- Download Strike
- Issue LN invoice
- Get paid in USDt or BTC
The hours of red tape to get through is significant on the old way. In developing nations getting a bank account is near impossible let alone the other steps.
So with a $50 smart phone you can issue invoices to anywhere on earth and receive/make payments without a middle man in USD with asking permission. Probably nothing.
#[0] #[1] #[2]
You’ve got to give it to him - he’s having a real dig at creating compelling reasons for users to stay with the blue bird……. Voice and video, easier said than done. #[0] #[1]
Jack putting 💰 where his 👄 is….. 👏 👏 #bitcoin
“OpenSats Receives Additional Funding of $10m from #startsmall #
We are delighted to announce that OpenSats has received a generous donation of $10 million from Jack Dorsey's philanthropic initiative, #startsmall, which will be used to support the development of free and open-source software and projects focusing on bitcoin, nostr, and related technologies.”