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- In major developments for Bitcoin startup, Zap, Inc., founder Jack Mallers has announced that a Visa card is in the making for all users.
- A Strike card is also doing the rounds for some time now that can be used by consumer app users.
- The Strike card will allow customers to understand Bitcoin and safeguard their currencies in a much better way.
In major developments for Bitcoin startup, Zap, Inc., founder Jack Mallers has announced that a Visa card is in the making for all users. The Visa’s Fast Track Program makes it more convenient to shop and provide resources to all members. Additionally, a Strike card is also doing the rounds for some time now that can be used by consumer app users.
Facilities provided by Zap, Inc.
With an impressive tagline, ‘Power for the people’, Zap allows users to receive Bitcoin as Dollars via direct bank deposits. It is the simplest and safest way to use Bitcoin. The transactions take place instantaneously at a reasonable fee never seen before. There are over 70 contributors to the Lightning Network and is still open for the people. The beta version for translating Bitcoin to fiat currency is up and running efficiently.
Users can attach multiple wallets to the account and connect individuals to their nodes. However, features like full node desktop and Tor privacy yet to come out. Zap is capable of catering to small consumer orders as well as large institutional orders. After its launch in September 2019, the ZAP cryptocurrency has a market capitalization of $328,829.
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Several digital currency holders opine that using dollars would be a safe bet to avoid a complicated tax system. Proposals have already been made to tax the digital currency although it does not count to be one. The value derived from Bitcoin can be easily used to pay for groceries or rent. The Strike card will allow customers to understand Bitcoin and safeguard their currencies in a much better way.
Furthermore, the startup has come up with a brilliant idea of anonymously sending Bitcoin if one has an American bank account or credit card. Content creators can now be paid without revealing any information about the payer. Users are now able to pay for medicines, gifts, and rent. The ZAP wallet allows self-custody of Bitcoins, while on the other hand Strike can receive value in fiat currency.
