Jack Mallers vs The World - WBD296
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 8 January 2021
⏱️ 64 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Tuesday 5th January Company: Zap Role: CEO
This week Jack Mallers announced the launch of Strike Global, a Bitcoin neobank that uses the Bitcoin network and lightning to facilitate the sending of money anywhere in the world, in a matter of seconds, for free.
The speed and cost of payments have often been a topic of debate in Bitcoin. While the basechain is necessarily slow, the Lightning Network promises to provide instant and low-cost bitcoin transfers.
With Strike, Jack Mallers is taking this to the next level allowing users to settle in fiat currencies across the Bitcoin network. Fast and no cost transfers of fiat currencies solve problems across the world, especially in third-world countries. Strike aims to run a pilot in El Salvador to prove this.
Strike has also enabled Caroline Panthers Offensive Tackle; Russell Okung to become the first NFL player to be paid in bitcoin, half of his $13 million salary.
In this interview, I talk to Zap CEO Jack Mallers. We discuss the newly launched Strike Global, revolutionising global payments, neobanking with Bitcoin and helping to bank the unbanked in 3rd world countries.
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Transcript
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| 0:00.0 | We have |
| 0:05.0 | given them free and instant international money transfer. |
| 0:09.0 | We have provided them financial services that have had |
| 0:12.0 | gatekeepers for hundreds of years. |
| 0:14.0 | Hello there from Bedford how are you all welcome to the what |
| 0:18.6 | Bitcoin did podcast which is brought to you by the mighty crack and |
| 0:21.2 | the best place to buy, sell and trade Bitcoin. |
| 0:24.0 | What a week! |
| 0:25.0 | Oh my God, Bitcoin hit $40,000. |
| 0:27.0 | Insane, right? |
| 0:28.0 | How insane is that? |
| 0:30.0 | Anyway, listen, I'm your host, Peter McCormack, and today I've got an interview with my good friend |
| 0:34.4 | Jack Mallers, where we're going to be talking about Strike, and I'm telling you this is a game changer. |
| 0:39.5 | But before that, I do have a message from my show sponsors so today we're going to kick off with |
| 0:44.0 | sports bet. I owe the very best place for online gaming and they accept |
| 0:48.2 | Bitcoin they are also the front shirt sponsor for Southampton football club and also the betting partner for Arsenal. |
| 0:54.8 | So if you're watching the Premier League and you see Bitcoin logos everywhere, well then you |
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| 1:04.8 | They've got football, tennis, American sports, motorsports, even e-ports, every sport you can think of. |
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