Michael Saylor, co-founder of business analytics software firm MicroStrategy and a passionate advocate for bitcoin, has integrated the Lightning Network into his corporate email address, allowing anyone to send bitcoin to the billionaire at [email protected]. The integration uses the Lightning Address protocol, which enables developers to replace a standard Lightning invoice, or payment request, with an internet identifier like an email address.
Benefits of the Lightning Network
The Lightning Network is a layer 2 scaling solution for Bitcoin designed to make bitcoin payments more affordable and faster. With an estimated net worth of around $1.2 billion and his company holding approximately 140,000 BTC (roughly $4 billion at current prices), Saylor has already started receiving small bitcoin donations from supporters after tweeting about the integration.
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Encouraging Bitcoin Adoption
This integration by Saylor further encourages the adoption of Bitcoin and showcases the ease of using the Lightning Network. By allowing people to send bitcoin to an email address, the process becomes more user-friendly and accessible to a broader audience. Saylor’s initiative could inspire other entrepreneurs and businesses to explore similar integrations, fostering the growth of the Bitcoin ecosystem and its mainstream acceptance.