With my @Strike card, I now get my direct deposit to Strike, I buy #Bitcoin on Strike, I remit money on Strike, I spend money on Strike, and I earn rewards on Strike.
"A failure to understand proof of work is a failure to understand #Bitcoin" - @dergigi
Satoshi used difficulty-adjusted proof of work to combine money, time, energy, and information to create the best money in human history.
#Bitcoin's use of proof of work is the innovation.
"If someone has the power to create and control the money, this power will be abused"
Money is as powerful a weapon for evil as it is a tool for prosperity and freedom.
For this reason, humanity has historically valued money that lives outside the control of any central group.
For the first time, there is a digital ledger where the past is unchanging, and the future is uncertain.
How?
#Bitcoin uses proof of work to create both an unforgeable history and an unsure future, on a predictable schedule, replicating our physical era of time in cyberspace.
Weeks ago I recorded an interview with @BusinessInsider to discuss @SBF_FTX claims that #Bitcoin can't scale, won't be used for payments, and that proof-of-work is bad for the environment.
Another awesome product built on the Strike API: paymeinb.tc
A global invoicing platform with instant, free, irreversible payments using #Bitcoin and the Lightning Network.
Create and send a hosted invoice payable by anyone in the world in less than 30-seconds
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The global invoicing market is massive and growing with an expected CAGR of over 20%.
As the world becomes increasingly more digital and connected, there is a growing desire to transact and exchange goods and services.
We have a global payment standard.
We should use it.
With #Bitcoin and Lightning, we now have an open, global, instant, cheap, inclusive, and innovative standard to transport value digitally, of any size, cash final.
Using #Bitcoin as a settlement rail makes global invoicing instant, cheap, and accessible to everyone.
@jack@Ghost@PlebPay Now with @CashApp integrating Lightning, I can now monetize my content to all 70M+ CashApp users, and all 100M+ Lightning Network users globally.
Network effects and economies of scale at work.
The real future of the creator economy on the web.