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Where does strike btc come from?

Bitcoin Reddit

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With the strike app I can pay someone in btc from my cash wallet. So my dollars are converted into btc. Similarly if someone pays me in cash I can have it automatically converted to btc.

So my question is where did that btc come from? The only thing I can think of is Strike owns a large amount of btc and they are exchanging it for dollars with the user. Is there another possibility?

submitted by /u/GalileosTele
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