Episode notes
“We have banked the unbanked. We have given them free and instant international money transfers, we have provided them financial services that have had gatekeepers for hundreds of years.”
— Jack Mallers
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.
This episode’s sponsors:
Kraken - The best place to buy, sell & trade Bitcoin
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
-----
-----
If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
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.
