Strike (STRK) launches its lightening payment service in Argentina "to give hope to the people" amid hyperinflation in the country, Strike Founder Jack Mallers writes in a Twitter post on Tuesday. Mallers explains that bitcoin (BTC-USD) can fix Argentina's economic slump since it allows Argentinians to hold digital tokens that gain in purchasing power against the peso and the U.S. dollar. With Strike, Argentinians can now hold a stable cash balance that can be spent instantly with no fees, Mallers notes. "Cheap, instant, cash final, global payments of any size, for anyone, to anywhere. Even over @Twitter," he adds. "Today, we launch a superior financial experience to a country that faces hyperinflation, predatory payment networks, and unusable cross-border transfers," Maller tweets. "Today, we use the world's monetary network, Bitcoin, to give hope to the people of Argentina. Recall in mid-October, Strike launched Pay Me In Bitcoin.
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