Orange Pilling the IMF with Jack Mallers

 
 

Where to find the show

Download Episode MP3 File
The file will open in a new window. Click down arrow to download the file.

“Western Union can’t allow me to pay for my coffee, Visa won’t allow me to remit money? Lightning does both and better and open and global, and so you guys come play on my court, and let’s see who can develop the best experience for the consumer, because I bet all my life I can build a better experience on the Lightning Network than Jamie Dimon.”
— Jack Mallers

SHOW DESCRIPTION

Location: Los Angeles
Date: Tuesday 1st February
Project: Strike
Role: CEO

Over the past few years, Jack Mallers has made your “bank account speak bitcoin” with Strike, started the “pay me in Bitcoin” campaign, and was instrumental in onboarding an entire country on to Bitcoin, but he’s only just getting started.

Bitcoin is an open monetary network that enables a free market for payments and unprecedented interoperability. With money moving at the speed of lightning on a level playing field, the money and payments industries are being disrupted at a staggering pace.

Now, calls are pouring in from massive players trying to understand how the world is changing. So who will Jack orange pill next? 

In this interview, I talk to Jack Mallers, CEO of Strike. We discuss his interactions with the IMF, Facebook, Jeff Bezos, and Argentina, and the global implications of the Bitcoin network.

TIMESTAMPS

00:03:53: Introductions
00:05:48: Jack and the IMF
00:15:00: Dematerialisation of monetary networks
00:18:15: Mirroring the evolution of the internet
00:23:42: The open monetary network encourages competition
00:28:40: The free market can decide the best consumer experience
00:31:48: Strike's thesis and current products
00:33:14: Building network effects
00:37:08: Jack vs Washington DC
00:45:50: When legacy financial innovation died
00:49:41: The true value of BTC and Lightning Networks
00:57:13: Jack's lightbulb moment
00:59:54: The peanut story and Jeff Bezos
01:13:30: Strike in Argentina, and stablecoins
01:19:21: Being Jack Mallers
01:21:43: Final comments

 

SUPPORT THE SHOW

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

SPONSORS

 
 
 
 
 
 
 
 
 

SHOW NOTES

Connect with Jack:

Mentioned in the interview:

Other Relevant WBD Podcasts:

PodcastPeter McCormack