Home Bitcoin News Strike has added the function of converting salaries into bitcoin for users from the USA

Strike has added the function of converting salaries into bitcoin for users from the USA

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Crypto News

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Users of the Strike payment application in 48 US states have the opportunity to instantly convert salary checks into the first cryptocurrency.

I just published Announcing Pay Me In Bitcoin

If you save in USD, the quality of your life degrades with time.

If you save in #bitcoin, a high quality of life gets cheaper and increasingly attainable.

Today, everyone can get paid and save in #Bitcoin https://t.co/1ICtYKL8ze

— Jack Mallers (@jackmallers) October 14, 2021

The Pay Me in Bitcoin (“Pay me in Bitcoins”) function binds the salary to the account and allows you to choose the amount that will be automatically converted and credited to the bitcoin address. The service does not charge a commission.

Testing of the Strike function began in December 2020. Then the developer of the application agreed with the US National Football League (NFL) player Russell Okung to convert half of his annual salary to $ 13 million.

In April, another NFL player, Sean Culkin, decided to transfer 100% of the remuneration from the club he represents to bitcoin. Later, their league colleague Sakuon Barkley agreed to convert all the revenue he received from advertising.

Pay Me in Bitcoin in Strike will appear two and a half weeks after the implementation of a similar initiative by the bitcoin exchange Coinbase.

Strike has added the function of converting salaries into bitcoin
Data: Strike.

The service is not available to residents of the states of New York and Hawaii, according to CoinDesk. The company has money transfer licenses in Delaware, Michigan, Mississippi, New Mexico and Washington and uses Prime Trust services to operate in other states.

The founder and CEO of the developer, Jack Mullers, explained the function as a way to combat inflation in conditions that do not cover its interest rates on savings accounts.

“Thanks to the effectiveness of bitcoin, everyone now has access to improving their quality of life. Anyone can save the best money of all time”– he explained.

Because of the efficiencies #Bitcoin has achieved as money, everyone now has access to increasing their quality of life, because now everyone can get paid and save in the best money of all time.

Outpace inflation. Enhance the quality of your life.https://t.co/PigJirrjwu

— Jack Mallers (@jackmallers) October 14, 2021

Recall that in September, users of the Twitter application on iOS devices were able to accept donations via the Lightning Network. According to the company’s representatives, the service is completely based on third-party solutions, such as Strike.

Earlier, the Strike team became a consultant to the authorities of El Salvador in the implementation of their plans to legalize bitcoin in the country.




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