Hacker News new | ask | show | jobs
by pixelperfect 1816 days ago
The legislation that made Bitcoin legal tender in El Salvador does not legislate the use of Strike. Businesses can use whatever system they want, as long as they can accept payment in Bitcoin. Strike is providing a service that allows any business to take Bitcoin lightning payments and have them automatically converted to dollars, for businesses that do not want to hold Bitcoin. It's not fair to just call this a "sql database" because it's connected to an open payment network and the customer can use whatever means they want to pay the business, even if the business decides to just uses Strike.