Twitter Integrates Bitcoin with Jack Mallers

 
 
WBD401 - Jack Mallers - Large Banner.png

Where to find the show

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


I can send $10 from my house in the United States to my friend David in El Salvador instantly and at no cost over Twitter. Why would anyone ever use Western Union again?
— Jack Mallers

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.


TIMESTAMPS

00:04:18: Introductions
00:05:48: Strike's integration with Twitter
00:07:28:
Physical finality with Bitcoin
00:09:52:
How the integration works
00:12:13:
Global rollout
00:15:25: The only global monetary network
00:17:35:
The implications of the integration
00:21:18:
El Salvador's adoption
00:23:04:
A standard global protocol
00:25:05:
Future for the legacy banking sector
00:39:50:
Micro and macro benefits
00:44:21: The parallel story of Linux
00:47:31:
Jack's Strike vision coming to fruition
00:52:10:
Network effects
00:57:34:
Separating politics from the policy
01:01:23: 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