#370: Jack Mallers on the Future of Strike, Zap, & Lightning Network

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 27 August 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jack Mallers is the founder of Zap, which has created Strike, an application that allows anyone to send money instantly, with no fees, anywhere in the world. In this conversation, we discuss the Lightning Network, Strike's recent progress, tiered KYC, and Ethereum's misleading marketing. =============================== ExpressVPN lets you access the internet as if you’re from a different country. There are hundreds of VPNs out there, but ExpressVPN is ridiculously fast. You can stream everything in HD quality with zero buffering! If you use my link right now at EXPRESSVPN dot com slash pomp, you can get an extra three months of ExpressVPN for free! That’s https://www.expressvpn.com/pomp =============================== Choice is a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off.
0:11.6	Jack Mullers is the founder of Zapp, which has created Strike, an application that allows anyone to send money instantly with no fees anywhere in the world.
0:24.6	I'm a proud investor in what Jack is building with Zapp and Strike. In this conversation, we discuss the Lightning Network,
0:27.6	Strikes Recent Progress, Tiered KYC, and Ethereum's misleading marketing.
0:33.6	You definitely will enjoy this podcast episode with Jack, just as I did. Before we get into
0:39.2	the episode, though, I want to quickly talk about our sponsors. The first is ExpressVPN. Not
0:45.5	too long ago, over 100 million people had their personal information stolen in a major data breach,
0:51.6	social security numbers, contact details, credit scores, and more.
0:55.7	Basically, their whole life was taken from Capital One customers. It's not just Capital One,
1:00.7	though. Equifax, Facebook, eBay, Uber, PlayStation, and Yahoo have all leaked passwords,
1:06.5	credit card info, and bank numbers belonging to billions of users. We see this stuff happen in crypto,
1:12.2	too, whether it's your account details or other information being leaked or stolen. And if you think
1:18.0	hackers only target large companies to get your information, you're wrong. But that's why I use
1:23.1	ExpressVPN to safeguard my personal data online. According to recent reports, hackers can make up to $1,000 from selling someone's personal
1:31.1	information on the dark web, making people like me and you easy, lucrative targets.
1:35.9	ExpressVPN is an app for your computer and phone that secures and encrypt your data so you
1:41.1	can have peace of mind every time you go online.
1:45.8	No more getting worried. Go online can have peace of mind every time you go online. No more getting worried.
1:52.0	Go online and have peace of mind. The app connects with just one click. It's lightning fast.
1:58.1	And the best part is ExpressVPN costs less than seven bucks a month. That's right, seven bucks a month and get yourself protected. Your mom probably told you to wear a condom when you went out on the weekends.
2:03.3	Instead, make sure you get ExpressVPN to protect yourself when you're around online.
2:09.4	So listen, if a breach can happen to Capital One, it can easily happen to an individual like you.
	...

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