{"id":3631,"date":"2025-05-30T00:17:08","date_gmt":"2025-05-30T00:17:08","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/30\/jack-mallers-announced-a-new-system-of-bitcoin-backed-loans-at-strike\/"},"modified":"2025-05-30T00:17:08","modified_gmt":"2025-05-30T00:17:08","slug":"jack-mallers-announced-a-new-system-of-bitcoin-backed-loans-at-strike","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/30\/jack-mallers-announced-a-new-system-of-bitcoin-backed-loans-at-strike\/","title":{"rendered":"Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike<\/a><\/p>\n

<\/div>\n

The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference<\/a> in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate.<\/p>\n

Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency.\u00a0<\/p>\n

\u201cThe best time to go to Whole Foods and buy eggs with your dollars was 1913,\u201d said Mallers. \u201cEvery other time after, you are getting screwed.\u201d<\/p>\n

What\u2019s the solution?<\/p>\n

\u201cThe solution is Bitcoin,\u201d stated Mallers. \u201cBitcoin is the money that we coincide that nobody can print. You can\u2019t print, you can\u2019t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly and protecting my future, my family, my priced possessions. Bitcoin is what we invented to do that.\u201d<\/p>\n

Mallers gave a power message to the audience by explaining that people should HODL every dollar they have in Bitcoin. People should also spend a little of it to have a nice life.<\/p>\n

\u201cYou can\u2019t HODL forever,\u201d said Jack.<\/p>\n

While talking about loans that people borrow against their Bitcoin. He explained why he thinks banks putting 20% in interest for loans backed with Bitcoin is outrageous.<\/p>\n

\u201cAll these professional economists, they are like Bitcoin<\/a> is risky and volatile,\u201d stated Mallers. \u201cNo it\u2019s not. This is the magnificent 7 one year volatility and the orange one in the middle is Bitcoin. It\u2019s no more risky and volatile. It\u2019s a little bit more volatile than Apple, but is far less more volatile than Tesla.\u201d<\/p>\n

\u201cAs Bitcoin matures, its volatility goes down,\u201d continued Jack. \u201cBitcoin volatility is at a point where it is no more risky than a Tesla Stock. We should not be paying double digits rates for a loan.\u201d<\/p>\n

Mallers announced his new system of loans at Strike of 9-13% in interest rates. It will allow people to get loans from $10,000 to $1 billion.\u00a0<\/p>\n

Mallers closed by saying, \u201cplease be responsible. This is debt. Debt is like fire in my opinion. It can heat a civilization. It can warm your home, but if you go too crazy it can burn your house down.\u201d<\/p>\n

\u201cLife is short,\u201d said Jack. \u201cTake the trip, but with bitcoin you just get to take a better one.\u201d<\/p>\n

This post Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate. Jack Mallers began his keynote by pointing at the biggest […]<\/p>\n","protected":false},"author":0,"featured_media":3632,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3631","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3631"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3632"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}