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Seeking Alpha 2021-10-14 18:25:07

Strike introduces 'Pay Me In Bitcoin' direct deposit option

Strike (STRK) starts Pay Me In Bitcoin, which allows anyone with a Strike account to get paid in bitcoin (BTC-USD), CEO Jack Maller said in Medium post. "Pay Me In Bitcoin allows anyone to convert a portion of their income into bitcoin with no fees, allowing them easy access to save and grow wealth," Mallers wrote. Users can use their account and routing numbers to enable direct deposit to their Strike account and configure any amount of the incoming money to be converted into bitcoin (BTC-USD) with no fees, he said. Mallers' marketing pitch is that with inflation increasing, U.S. dollars sitting in a savings account are depreciating. Bitcoin (BTC-USD), "the scarcest asset of all time," he explains, "has emerged as the best-performing, most advanced, and most accessible money and savings vehicle." Many other traders call cryptocurrency, including bitcoin, a speculative asset. Bitcoin (BTC-USD) recently traded at $57.1K, off its

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