Replies (23)

Love Strike and I have the utmost respect for you Jack. We need more people like you in the industry to take Bitcoin to new heights. I am 100% BTC cold storage no shares in any companies but I wish yours all the success it deserves.
Bingo, if your savings are Bitcoin then bitcoin is what you need to measure your investments against. Bitcoin is your money. Every investment should have positive returns in money. Meaning that when you exit the investment you end up with more bitcoin. If your savings are in dollars then your hurdle rate for an investment is -5% or whatever inflation is that year. Any company that isn't increasing Bitcoin per share sustainably is a losing proposition given time. That means treasury companies who have fiat shell games as their primary aquisition method can only win on shorter time scales. Much riskier than hodling self custody. Dilution, mismanagement, and confiscation are all risks you don't take with self custody. A bitcoin future investment means a business that saves in bitcoin and has a service or product that allows them to grow that stack size or revenue against bitcoins growth rate. If you haven't internalized this concept you also haven't understood and internalized the way that fiat drives malinvestment.
jack mallers's avatar jack mallers
psa
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Benking 4 months ago
This gotta be the most based vlog format I’ve seen so far 🔥
This honesty is just amazing! This transparency should be the role model for all the business out there! I love what you are doing Jack!
Thank you for not using the typical wishy washy CEO speak that basically every other one uses, where everything they say is ambiguous, neutral, and safe. It's so refreshing.
Thankyou for the explanation, feels genuine and transparent. I appreciate that. As always, you're great at communicating things in an easily understandable way.
One issue id like to bring to attention, it's not a big issue but strike takes about 30 minutes to process an osko payment. I don't mind the waiting part but I have an anxiety attack thinking I accidentally sent money to the wrong place or messed something up whenever I send money to strike. I check everything 3 times then remind myself how long it takes strike to process an instant payment before calming back down, then wait. Coinspot in comparison, the exchange I was using previously to buy Bitcoin it takes between 10 seconds and 2 minutes to process the osko transaction.
Yes, and? How does this fact help running a public stock company that XXI is? Bitcoin was the answer to the tradfi bros that ruined the world economy in 2008. Using this tech to go up in the world as a tradfi exec is hypocrisy. You are either a rebel or a part of the system. If your product is bitcoin-per-share ratio, your clients are wall street investors. This is a paper bitcoin arbitrage for Jack to become a legal billionaire. Does he deserve it? Sure, why not. He is a smart and charismatic guy. Will it make the world any better? No, it distracts from the real purpose of bitcoin - separation of money from state, and promotes it only as an inflation hedge, fully compliant and taxable. Same for the Strike. The debt slavery system gets stronger with the guys like Mike, Paolo and Jack.