testing out Strike Europe we just realized our USD/EUR cross-currency payments are way better than Wise and everyone else.
was a total accident. we haven't even spent time optimizing or taking a closer look. we're initially focused on core functionality like buy/sell/dca/free on-chain payments/core lightning wallet/etc
this is just the outcome of Strike having:
USD/BTC <--> BTC/EUR
we also support SEPA instant in Europe and we'll be turning on RTP payments in the US this month. so soon not only can we do cheap & instant USD <> EUR but then customers can also have the payments instantly cashed out to their bank
Lightning as an open value transfer protocol is insane. it still blows my mind every time. crazy to see it all come together too. exciting
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Replies (36)
UK ?
Go take over the world Jack! Mega.
JUST STRIKE ME ALREADY
Finally! Can’t wait
amazing!!
Pretty fucking awesome!
Nice! Wen beta? Wise charges about 0.5% and is nearly instant. They used to be cheaper.
SEPA automatic debits would be extremely useful. People use them for ~everything.
My man
🇪🇺 🫡🟧
Can’t wait to ditch wise. Are you going to have business accounts in Europe too?
Did anyone ever like Wise? 😉
To be fair you have USDT/BTC, right?
I find this pretty cool but scary at the same time also with all the KYC and regulatory capture going around, what if this all going to come and haunt us one day? I guess we should just focus on making Bitcoin completely illegal so much it would threaten nation states directly, this should be our end goal.
yeah, for Africa. nothing to do with US or EU though
Wen Italy?
yep. Europe will have everything the US has
we also should be one of the cheapest places to stack sats immediately as well from what i’ve heard
Legend!
Ah, okay. Here in Brazil it’s USDT too
Wise is horrible, they shut down my account without explanation. Will we get an IBAN number from Strike and can we receive Euro payments from third parties with it? Thanks
Wondering whether this will be discussed in the board rooms of financial institutions still struggling to home-brew their own stablecoin. 🤔
Wen UK ser? 🥲
I'm in France. Any ways I can help?
Would be great to read a comprehensive write up on how it works legally in the very detailed way. Much more interesting than how it works technically tbh
For now it seems like in the veery simplified form you have money in the US bank and in the EU bank and once I come to you in the US and give you $100 you immediately buy bitcoin for $100 in the US, send it to someone in EU, the person in EU converts bitcoin to money in EU bank and sends it to my friend in EUR
Does it really work like this? How many gotchas in the process? What risks are managed and what are not? Extremely interesting!
Lol! I am here waiting to see this and you find out by chance🤣 I use wise quite a lot and can’t wait to ditch them for a Btc company. Can’t wait to start using it😄
Bitcoin can’t be beat.
Refreshing my Play store here in Germany on a regular basis
One iOS TestFlight invite please. 🤙 🤙 🤙
Wen EU peasants invites sir ?
I DMd you when you asked last time, for testing. I'm not sure you've seen it in your DMs so I try in comment :)
(It's for France and you didn't need particularly more feedack here but I'm asking anyway)
And then Japan 🇯🇵
Beta is already available. Send Jack a DM 🤙
Already done!
When do you expect to release it ?
Let‘s go strike Europe!
of you come to Europe I might even delete my Kraken account, no more Shitcoin and bitcoin only
I have some detailed analysis I did on this at work. It was price competitive with Wise for £100 and under