According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden unregistered licensing regimes, and 1,000 different coins.” Here are some important points to consider:
1. Strike is a payment app that enables users to send and receive money instantly, without any fees. It uses the Bitcoin Lightning Network to facilitate transactions, which allows for fast and cheap transfers.
2. The expansion drive that Mallers is referring to involves launching Strike in more countries around the world, as well as adding support for more cryptocurrencies. This will make it easier for people to access digital assets and use them for everyday transactions.
3. Mallers believes that the current state of the crypto industry is confusing and opaque, with too many exchanges and coins to choose from. By offering a simple and user-friendly platform like Strike, he hopes to make it easier for people to navigate this complex landscape.
In summary, Strike CEO Jack Mallers is on a mission to simplify the world of cryptocurrencies and make them more accessible to everyone. By expanding the reach of his payment app and adding support for more digital assets, he hopes to counter the confusion and complexity that currently exists in the crypto industry.