Payments

Strike rolls out bitcoin wallet in Argentina

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January 28, 2022

Strike, a digital wallet provider built on the bitcoin Lightning network, has expanded into Argentina. The company aims to provide bitcoin for domestic and international use in the country, according to a press release.

"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," Jack Mallers, founder and CEO, Strike, said in the release. "With our launch, Strike delivers a reliable and superior financial experience to a country that faces inflation, predatory payment networks, and unusable cross-border transfers. Utilizing Bitcoin and the Lightning Network, the Argentinian people can now hold a stable cash balance that can be spent both instantly and with no fees. This is a superior financial experience that legacy financial institutions have failed to deliver to the people of Argentina, further showcasing why Bitcoin is a superior monetary system that builds towards financial inclusion and helps re-instill basic human freedoms."

Customers can also send bitcoin tips to anyone with a Twitter account. Strike is also available in most U.S. states and El Salvador.