[seibelj]

The Strike app uses Lightning network and uses open source protocols. I believe this is the app they are promoting. I think this will be a good experiment because everyone is talking out of their ass - either this will help El Salvador, hurt them, or be neutral. Let’s wait a few years and see what happens.

[UncleMeat]

So they want the citizens to not actually have access to their funds and instead rely on a government promoted private business to run all of their banking for them.

[seibelj]

Well unless the financial institution is state-run then everyone uses a private business. I assume any private business could enter the space, but Strike spearheaded the laws / regulations. In the US I can’t park my funds with the federal reserve.