After the announcement of the legalization of Bitcoin (BTC) by El Salvador during the Bitcoin Miami 2021 conference; we were all looking forward to the announcements of this new edition. And we can say that Jack Mallers, founder and CEO of Strike did not disappoint.
NCR and Shopify, two global leaders in Bitcoin Lightning Network adoption
To achieve adoption it is essential to have strong partners like NCR and Shopify.
NCR is an American cash register and ATM company founded in 1884. With over 35,000 employees and a presence in 160 countries, it is the global leader in the industry.
A leader that had already dusted off its image with the acquisition of LibertyX and its 12,000 Bitcoin ATMs. 39% of the local market!
Shopify, for its part, had taken its first steps into the crypto universe in the summer of 2021 with the sale of NFT of the Chicago Bulls NBA team!
The good news is that nearly 400,000 stores will join the Bitcoin Lightning Network!
“Any online merchant that uses Shopify can accept payments without the 1949 boomer [credit card] network, receive it instantly, cash final, no intermediary, no 3% fee.”Jack Mallers, CEO of Strike
Mc Donald’s, Chipotle, Macy’s, Wendy’s, Starbucks, all the flavors on one network
If the Bitcoin blockchain is often criticized for its slowness, there are fortunately solutions to overcome it. The Lightning Network is one of them. It is an implementation (we speak of Layer-2) allowing instant transactions for a few cents.
The main obstacle to its use today is its low adoption. This should change soon. Indeed, not content with announcing a partnership with NCR and Shopify, Mallers has unveiled many names.
These include McDonald’s, Walmart, Home Depot, Best Buy, Starbucks, Chipotle, El Corte Ingles, Lowe’s, Staples, Macy’s and Woolworths.
You are not dreaming, it will be, according to him soon possible to make your purchases directly in BTC. A big step in the adoption of Bitcoin, which is taking more and more ground to fiat currencies. Will 2022 be the year of victory for the decentralized currency?
CEO and Editor-in-Chief of Coinpri I have been navigating the waters of Blockchain for 5 years already.
Wait, I can see the Promised Land of Adoption in the distance.