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Heard of the lightning network? No? It’s time you did. This technology will propel Bitcoin to new heights. Until now, as Bitcoin difficulty mining levels rose along with Bitcoin’s price, it has become exorbitant to send Bitcoin in whole or fractions, to another user. So if you want to pay somebody for a cup of coffee with Bitcoin , it might cost you 3 times the cost of the actual coffee to have the Bitcoin reach the other party’s wallet. And that might take 15 to 30 minutes, depending on traffic congestion. Not exactly a promising payment gateway for budding barista magnates…
No enter Strike and Blue Wallet. Use Strike to move money to or from your bank or debit card for less than 0.1% (10 basis points). then transfer it to blue wallet in seconds for under 1%. Or most other wallets for that matter. The barista gets paid instantly, at less cost than a credit or debit card, and you get to enjoy your coffee while it’s still warm. What’s not to like?
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