Twitter Integrates Bitcoin with Jack Mallers - WBD401
Mr Obnoxious
Peter McCormack
4.8 • 2.7K Ratings
🗓️ 24 September 2021
⏱️ 64 minutes
🧾️ Download transcript
Summary
SHOW DESCRIPTION
Location: Remotely
Date: Thursday 23rd September
Company: Strike
Role: CEO
For the past few decades, fintech companies have launched many proprietary payment systems for digital payments, leading to competing standards that have left markets disconnected and bifurcated.
Bitcoin is a new open monetary system, and the Lightning Network introduces instant cash-like digital finality. Any platform or company can now plug into a global interoperable financial network that operates at the speed of light.
Twitter has become the first social network to integrate Bitcoin as its native currency. So what will this mean for social media and content creators?
In this interview, I talk to Jack Mallers, CEO of Strike. We discuss the launch of the Strike API, integrating Bitcoin with Twitter, and the accelerating network effects of Lightning.
Transcript
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| 0:00.0 | I can send $10 from my house in the United States to my friend David and El Salvador |
| 0:09.4 | instantly and at no cost over Twitter. |
| 0:12.2 | Why would anyone ever use Western Union again? |
| 0:14.5 | Hello there from the United States. Yes I'm still here, I'm still traveling around. |
| 0:19.2 | Still getting lots of cool interviews in lots more time here. |
| 0:23.2 | I'm going to be here for another, |
| 0:24.2 | I think about five weeks going all over the place, |
| 0:27.0 | meeting lots of people and just thanks as ever, |
| 0:29.8 | you're so kind. |
| 0:31.3 | I love the hospitality I receive here, I love the food, I love everything |
| 0:34.4 | about being here over in the US. Anyway, welcome to the What Bitcoin did |
| 0:37.8 | podcast which is brought to you by Gemini, the only place I'm using for buying |
| 0:41.8 | Bitcoin. I'm your host Peter McCormack and today I've got a massive interview. |
| 0:45.2 | I've got my boy Jack Mallaz on we're going to be discussing the massive announcement yesterday |
| 0:49.9 | that Twitter has added Bitcoin payments. |
| 0:52.5 | But before that, I do have a message from my show sponsors, |
| 0:55.5 | and today we kick off with Sports Bet. |
| 0:58.0 | I.O, which is the very best place for online gaming, |
| 1:00.0 | because they're such badasses, they accept they get it they know you need to accept |
| 1:04.8 | Bitcoin now the football season is going normal order has been resumed Liverpool |
| 1:09.2 | crushing it topnum are getting crushed and as ever if you want to have a bet the best place to go is |
| 1:14.3 | sports bet dot i.o but listen if you don't like football they've got everything else |
... |
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