{"id":51259,"date":"2021-10-15T12:56:11","date_gmt":"2021-10-15T09:56:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51259"},"modified":"2025-09-02T22:41:41","modified_gmt":"2025-09-02T19:41:41","slug":"strike-adds-pay-me-in-bitcoin-salary-conversion-feature-for-us-users","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strike-adds-pay-me-in-bitcoin-salary-conversion-feature-for-us-users\/","title":{"rendered":"Strike adds Pay Me in Bitcoin salary-conversion feature for US users"},"content":{"rendered":"<p>Users of the Strike payments app across 48 U.S. states can instantly convert payroll checks into Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I just published Announcing Pay Me In Bitcoin <\/p>\n<p>If you save in USD, the quality of your life degrades with time.<\/p>\n<p>If you save in <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>, a high quality of life gets cheaper and increasingly attainable.<\/p>\n<p>Today, everyone can get paid and save in <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/1ICtYKL8ze\">https:\/\/t.co\/1ICtYKL8ze<\/a><\/p>\n<p>\u2014 Jack Mallers (@jackmallers) <a href=\"https:\/\/twitter.com\/jackmallers\/status\/1448695433015013381?ref_src=twsrc%5Etfw\">October 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Pay Me in Bitcoin feature (&#8220;Pay me in Bitcoin&#8221;) binds salary to the account and allows selecting the amount that will be automatically converted and credited to the BTC balance. The service charges no commission.<\/p>\n<p>Testing the Strike function began in December 2020. At that time, the app&#8217;s developer <a href=\"https:\/\/forklog.com\/en\/news\/american-football-player-converts-advertising-revenue-into-bitcoin\">agreed<\/a> with NFL player Russell Okung to convert half of his $13 million annual salary into Bitcoin.<\/p>\n<p>In April, another NFL player <a href=\"https:\/\/forklog.com\/en\/news\/american-football-player-to-be-paid-his-entire-salary-in-bitcoin\">decided<\/a> to convert 100% of his club&#8217;s compensation into Bitcoin. Later their league colleague <a href=\"https:\/\/forklog.com\/en\/news\/american-football-player-converts-advertising-revenue-into-bitcoin\">agreed<\/a> to convert all income he earned from advertising.<\/p>\n<p>Pay Me in Bitcoin on Strike will appear two and a half weeks after the implementation of <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-to-launch-payroll-to-crypto-service\">Coinbase&#8217;s similar initiative<\/a>.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/miro.medium.com\/max\/700\/0*HaLFwjaTEhROQa1d\" alt=\"Strike salary-to-Bitcoin conversion feature for US users\"\/><figcaption>Data: Strike.<\/figcaption><\/figure>\n<\/div>\n<p>The service is not available to residents of New York and Hawaii, according to CoinDesk. The company holds money-transfer licenses in Delaware, Michigan, Mississippi, New Mexico and Washington and uses Prime Trust for operations in other states.<\/p>\n<p>Founder and CEO Jack Mallers described the feature as a way to counter inflation in an environment where savings-account interest rates do not keep up.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Thanks to Bitcoin\u2019s efficiency, everyone now has access to a higher quality of life. Anyone can save the best money of all time&#8221;<\/em>, \u2014 explained him.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Because of the efficiencies <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> has achieved as money, everyone now has access to increasing their quality of life, because now everyone can get paid and save in the best money of all time.<\/p>\n<p>Outpace inflation. Enhance the quality of your life.<a href=\"https:\/\/t.co\/PigJirrjwu\">https:\/\/t.co\/PigJirrjwu<\/a><\/p>\n<p>\u2014 Jack Mallers (@jackmallers) <a href=\"https:\/\/twitter.com\/jackmallers\/status\/1448695579446497281?ref_src=twsrc%5Etfw\">October 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In September, iOS Twitter users gained the ability to accept donations via the Lightning Network. According to company representatives, the service is built entirely on third-party solutions, such as Strike.<\/p>\n<p>Earlier, the Strike team became an advisor to the Salvadoran authorities in implementing their plans to legalize Bitcoin in the country.<\/p>\n<p>Subscribe to ForkLog news on VK!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Users of the Strike payments app across 48 U.S. states can instantly convert payroll checks into Bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":51260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1645,1804],"class_list":["post-51259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-salaries","tag-strike"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51259"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51259\/revisions"}],"predecessor-version":[{"id":51261,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51259\/revisions\/51261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51260"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}