Thursday, April 7, 2022

Alternative to off-ramp friction

From bitcoin conference: Strike has officially partnered with Shopify, Blackhawk, and NCR to deliver Lightning powered payments to online and storefront vendors everywhere. Folks will be able to pay for groceries or retail shopping with immediate settlement over Lightning.

When you add fiat-to-BTC-to-fiat payments over Lightning, it gets even more interesting because it doesn't necessarily need to be a taxable event. Lightning wallets with a BTC balance and a USD/stablecoin balance. Lower fees than Visa and others.

Monero would benefit even more from an integration like this.


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