Crypto Adoption: This App Will Allows Everyone With A Bank Account To Use Bitcoin

BITG 1 1024x576 - Crypto Adoption: This App Will Allows Everyone With A Bank Account To Use Bitcoin

The mainstream crypto adoption has been one of the main goals in the crypto industry in 2019, and it still is. There have been a lot of moves made in this direction during the past year, and efforts continue towards the achievement of this goal.

Easier interaction with Bitcoin is on its way

There’s a new BTC app that aims to revolutionize the way in which everyday people are interacting with Bitcoin.

By using a debit card or bank account, the Strike app is allowing consumers to make payments in BTC.

According to the developer and Zap CEO Jack Mallers, anyone can link their bank account to BTC, allowing shoppers to spend it and enabling merchants to accept it without having to interact with it.

The transactions are settled in dollars that get deposited in the bank account of the merchant.

“[Strike is] designed to usher in an era of Bitcoin that we believe has the best shot of achieving our mainstream hopes and desires,” Mallers said.

According to the latest reports coming from the online publication that Daily Hodl, the app is designed to deliver BTC instantly via the Lightning network.

This was, it will enable fast and secure transactions at scale.

By linking traditional bank accounts directly with Bitcoin, the app eliminates various technical hurdles that have prevented everyday shoppers and merchants from adopting BTC.

Paving the way for BTC adoption

In other words, this should continue and pave the way for the mainstream adoption of Bitcoin.

This triggered massive excitement in the community. Someone commented: “Speaking on the next crypto wallets, this adds a bit of seamlessness to buying Bitcoin, and remove exchanges from the process.”

Regarding Bitcoin’s price today, at the moment of writing this article, BTC is trading in the green, and the most important digital asset is priced at $9,394.34.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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