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BTC212: Jack Mallers on Bitcoin 2025 Expectations and Strike's New Features (Bitcoin Podcast)

118 snips
Dec 11, 2024
Jack Mallers, CEO of Strike, shares his insights on the ever-changing Bitcoin landscape. He discusses the potential of Bitcoin as a strategic reserve and the implications of the US government's rumored $2 billion deposit. The conversation touches on regulatory challenges like Operation Chokepoint 2.0, advancements in the Lightning Network, and the seamless integration of Bitcoin with fiat spending. Mallers also highlights Strike's new feature turning Bitcoin into a working capital account, showcasing its impact on corporate treasury strategies.
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ADVICE

Stop Selling Bitcoin

  • Stop selling Bitcoin if you own any.
  • Mathematically, selling has always been wrong; it's the best-performing asset.
INSIGHT

Bitcoin as an Exit Strategy

  • Governments selling Bitcoin demonstrates a misunderstanding of its value.
  • Bitcoin offers an exit strategy from traditional finance.
ANECDOTE

Chokepoint's Impact on Cannabis

  • Jack Mallers' family experienced banking difficulties in the cannabis industry due to Operation Chokepoint.
  • They had to rely on cash and armed guards due to banking restrictions.
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