Why Nostr?What is Njump?
BitcoinJungle / Bitcoin Jungle
npub14f2…v7lu
2023-08-01 19:01:47
in reply to nevent1q…644a

BitcoinJungle on Nostr: Funding your strike fiat balance with ACH payment methods are slow..very slow. Strike ...

Funding your strike fiat balance with ACH payment methods are slow..very slow.

Strike is protecting themselves from non-sufficient fund rejections 1-5 days after you initiate a fiat deposit.

I bet they were taking some losses from their very generous policy. Imagine this:

- user deposits $100 fiat over ACH to strike
- user immediately pays themselves $100 in btc over LN
- days later, users bank rejects the withdrawal
- strike lost $100 because they can’t claw back the btc
Author Public Key
npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu