Lightning Series: Why Bitcoin is Global Money with Jack Mallers

“Never before have we had a monetary network that all you need is an internet connection and by plugging in and operating on the same standard you’re natively interoperable with everyone else in the world on it.”
— Jack Mallers

Location: Remotely
Date: Thursday 15th July
Project: Strike
Role: Role: CEO

With Strike, Jack Mallers is taking on the traditional financial rails and neobanks by facilitating the sending of money anywhere in the world, near-instantly and for free. Strike does this by utilising the largest and best open monetary network of all time, bitcoin. 

After running a successful pilot campaign in El Salvador, a country that relies heavily on remittances, Jack was instrumental in its groundbreaking bill that made it the first country to adopt bitcoin as legal tender.

In a country where a vast proportion of the population operating outside of the banking system, Strike helps build financial inclusion, and they now have their sights set on the rest of the world.

In this interview, I talk to Jack Mallers, CEO of Strike. We discuss the Lightning Network as a medium of exchange, the power of open networks, and how the Bitcoin rails change remittance.

This episode’s sponsors:
Gemini – Buy Bitcoin instantly
BlockFi – The future of Bitcoin financial services
Sportsbet.io – Online sportsbook & casino that accepts Bitcoin
Casa – The leading provider of Bitcoin multisig key security.
Exodus – The world’s leading Desktop, Mobile and Hardware crypto wallets.
Ledger – State of the art Bitcoin hardware wallet
Revolut – A better way to handle your money


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WBD373 – Show Notes

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