What Bitcoin Did with Peter McCormack

Twitter Integrates Bitcoin with Jack Mallers

09.24.2021 - By Peter McCormackPlay

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“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 MallersLocation: Remotely

Date: Thursday 23rd September

Company: Strike

Role: CEOFor 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.This episode’s sponsors:

Gemini - Buy Bitcoin instantly

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.

Ledger - State of the art Bitcoin hardware wallet

Compass Mining - Bitcoin mining & hosting

-----WBD401 - Show Notes

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