It’s incredible to see the power of borderless technology like Bitcoin, and how it can have an even bigger impact than we could have ever imagined. With the recent news that Strike is moving its global headquarters to El Salvador, it’s a clear example of the potential of this technology beyond the artificial borders we create.
Strike has been a great tool for me to use to dollar-cost average (DCA) my investments in Bitcoin. It’s an awesome app that harnesses the power of the lightning network ⚡️, and I plan to visit El Salvador during the Christmas holidays. With my background – my nanny was from El Salvador – it’s almost ironic that I could end up living there one day.
This news is quite significant when you consider that the US is actively discouraging the development of Bitcoin and other cryptocurrencies. It’s almost as if Uncle Sam is stuck in the past, while the rest of the world is embracing this new digital economy. People will naturally go where the money is, and whichever countries are willing to permit this technology will benefit from it.
I’m personally depositing part of my paycheck into Strike every two weeks so I can buy more Bitcoin, and then I move it to a cold wallet. It’s a shame that the US is not taking advantage of this technology, especially when you consider all the fraud and corporate piracy that is taking place. It’s clear that the US leadership is more interested in short term profits than the well-being of its people.
It’s encouraging to see countries like El Salvador embracing the world of cryptocurrency, and it just goes to show that with the right attitude, people and countries can make the most of this technology.