The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, believes that the top digital asset could hit seven figures by the end of 2025. In a new interview with Daniela Cambone, Mallers says he thinks the US government will start printing money to pay its record-high $34.577 trillion debt obligations. Because the […]
The post $1,000,000 Bitcoin Price Is Possible Within the Next 18 Months, Says Strike CEO Jack Mallers – Here’s Why appeared first on The Daily Hodl.
The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, is predicting that the flagship crypto asset could hit a seven-figure price. Mallers says in a new interview with Anthony Pompliano that Bitcoin could soar between 260% and 1,357% in the coming months. “I think we’re still so early in the Bitcoin story. […]
The post ‘I Feel Super Confident About That’: Jack Mallers Says Bitcoin To Explode by up to 1,357% – Here’s the Timeline appeared first on The Daily Hodl.
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
With Bitcoin undergoing its fourth-ever halving on April 20, here's where you can watch Bitcoin block number 840,000 tick over.
Update (20/04/2024 12:11 UTC): Bitcoin has successfully gone through its fourth-ever halving event.
Bitcoin (BTC) is now just moments away from its fourth-ever halving event since its inception — due to happen on April 20 when Bitcoin’s block height reaches 840,000.
From crypto exchanges to influencers and popular podcasters, live streams and physical events are popping up worldwide, where Bitcoiners are set to celebrate the momentous occasion that many hope will lead to the next crypto bull run.
The CEO of Lightning Network wallet Strike says the US government’s rapid debt accumulation will be the catalyst that sends Bitcoin (BTC) to greater heights. In a new interview with Bloomberg Technology, Jack Mallers says the United States has no way of paying off its record-high $34.578 trillion debt. According to Mallers, he sees the […]
The post Here’s Why Record-Level US Debt Will Propel Bitcoin to Greater Heights, According to Strike CEO Jack Mallers appeared first on The Daily Hodl.
The CEO of Lightning Network wallet Strike says one catalyst could trigger a surge for the king crypto that could swiftly see it hit a six-figure price tag. In a new interview with Fox Business, Jack Mallers says that he envisions Bitcoin (BTC) eventually being worth hundreds of thousands of dollars per coin as the […]
The post This Catalyst Could Trigger Bitcoin Explosion to a Six-Figure Price at Neck-Breaking Pace, Says Jack Mallers appeared first on The Daily Hodl.
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts the funds to local currencies prior to moving them to recipients’ […]
The CEO of Lightning Network wallet Strike says the payments platform is teaming up with point of sale giants Shopify, NCR and Blackhawk Network to revolutionize the payments industry. In a speech at the Bitcoin 2022 Conference in Miami, Jack Mallers announced that any Shopify-supporting website can now process Bitcoin (BTC) payments on the Lightning Network. “This […]
The post Jack Mallers Announces Strike Partnering With POS Giants To Allow Bitcoin (BTC) Payments at Major Retailers appeared first on The Daily Hodl.
Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system.
Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.
The Lightning Network (LN) is a Layer-2 scaling solution for Bitcoin designed to facilitate faster and cheaper transactions.
Strike CEO Jack Mallers revealed the new integration on stage at Miami's Bitcoin 2022 conference today. The move could allow Shopify’s almost two million global merchants to accept Bitcoin payments denominated in USD. However the only merchant partner cited in Strike's official release was Warren Lotas, an LA based streetwear brand — and that site was down at the time of writing.
Shopify is the world’s 18th largest ecommerce company with about $4.6 billion in annual revenue according to market research site Macrotrends. Its service enables merchants to set up an online store in 175 different countries.
“If I wanna walk into a whole foods, a McDonald's and use a different payment network, its this thing... As the merchant, you can receive in #BTC, take Starbucks points, I don't care." - Jack Mallers pic.twitter.com/6sW4U6cvaJ
— Bitcoin 2022 (@TheBitcoinConf) April 7, 2022
The Bitcoin 2022 official Twitter account stated the integration was already live and quoted Mallers chiding the modern payments system which started in 1949 with the Diners Club card:
“Any online merchant that uses Shopify can accept payments without the 1949 boomer network, receive it instantly, cash final, no intermediary no 3% fee.”
According to Mallers one of the main advantages to using Bitcoin via Lightning is that payments settle nearly instantly as opposed to the “late, two to 15 day settlement” he cited as a drawback of existing common electronic payment methods. He added that instant settlements help both consumers and merchants complete accounting work and know their exact balances faster.
Mallers also revealed Strike’s partnership with the Blackhawk payment network, reportedly the largest point of sale supplier in the world. The company draws $2.5 billion in annual revenue and its website states it has products at over 400,000 storefronts in 28 countries.
Related: Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
Bitcoin 2022 is already a hotbed of buzz, not just for the Bitcoin ‘Miami Bull’ that was unveiled ahead of the opening events, but for Robinhood announcing the launch of its long-awaited crypto wallet to two million waitlisted clients. The wallet will also integrate LN.
The conference has not sparked a move in BTC price yet, as the largest crypto by market cap is up just 0.54% over the last 24 hours, trading at $43,594 according to Cointelegraph data.
Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be […]
