BITCOIN TO THE WORLD VIA SHOPIFY

A New Age of Endorsement — Shopify To Bring Bitcoin to a 1/4th of Global Population:

AnyPad
2 min readApr 20, 2022

Hi Pandas🐼📢

Payment network, Strike, has announced integrations with Shopify, alternative payment processor Blackhawk Network, and point-of-sale provider NCR, making it easier for global merchants to accept BTC payments.

BTC payments will be converted into dollars quickly via the Bitcoin Lightning Network, a second layer built on top of the Bitcoin blockchain, relieving merchants of complexities associated with actually holding Bitcoin.

With this integration, the mainstream adoption of Lightning Network and therefore cryptocurrency has been boosted massively.

Strike CEO, Jack Mallers, explained that any website using Shopify online card transactions can use the Lightning Network for BTC payments. With this service available to anyone with an LN-enabled wallet, Shopify will be able to take advantage of previously untapped global markets and higher purchasing power, as well as save money with low-cost payment processing.

As Strike’s integration expands into offline retailers as well, such as Walmart and McDonald’s, it could accelerate the global adoption of Bitcoin to extraordinary heights and even reduce volatility in the number-one digital currency’s price.

Mallers stated that over 400,000 storefronts will now accept Bitcoin through the Lightning Network, and new merchants are welcome to this new era of digital currency integration. In this video below, Mallers checks out of a Chicago grocery store using Bitcoin payment.

What was once hard to imagine is now becoming a reality. This adoption will attract millions of storefronts across the US to accept Bitcoin soon. Other countries may imitate after seeing the success of this nation-state’s Bitcoin usage.

Anypad’s View on this adoption and global integration:

It’s a revolutionary announcement as it reinvents the global payment system, eliminating middlemen and is poised to bring crypto adoption to unprecedented heights. With the global adoption of Bitcoin increasing, the volatility of Bitcoin will reduce as the price will gain some stability, and global inflation will gradually reduce and prevent the global economy from falling off the cliff it currently hinged on.

#crypto #bitcoin #ethereum #trading #anypad #blockchain

As written by Niranjan Duguta

About Anypad

Anypad is a next-generation blockchain Incubator and accelerator platform building a Multi-chain LaunchPad, Multi-chain AMM DEX, and Blockchain Game, Star Strike. Anypad would give crypto & blockchain startups & investors the best experience as the industry gains full-scale global adoption. Anypad is dedicated to incubating and accelerating the best and most innovative micro-cap blockchain projects, allowing blockchain startups to grow and raise funds seamlessly.

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AnyPad

A next-generation Incubator building a decentralized Multi-chain IDO LaunchPad and Multi-chain AMM DEX on BSC & HECO Chain