Bitcoin Magazine
Jack Mallers announces a new Bitcoin-backed loan system
Strike founder and CEO Jack Mallers announced a new Bitcoin-enabled lending system at a 2025 Bitcoin conference in Las Vegas, announcing it at a one-digit rate.
Jack Mallers pointed out the biggest problem and started his keynote speech. Legal currency.
“The best time to go to the Whole Foods and buy eggs in dollars is in 1913,” Marals said. “Every time after this, you’re screwed up.”
What is the solution?
“The solution is Bitcoin,” Noma said. “Bitcoin is the money we overlap with no one can print. You can’t print, you can’t devalue my time and energy, you can’t strip me of owning assets, getting rid of debt, living sovereignty and protecting my future, my family, my worth. Bitcoin. Bitcoin was invented by us.”
Mallers sends out electricity messages to viewers by explaining every dollar that people should have in Bitcoin. People should also spend a little money to live a good life.
Jack said, “You can’t stay Hodder forever.”
When talking about people borrowing Bitcoin loans. He explained why he thought it was outrageous for banks to invest 20% of interest on loans backed by Bitcoin.
“All of these professional economists, like Bitcoin is risky and volatile,” Maral said. “No, no. It’s a grand 7-year volatility, and the orange in the middle is Bitcoin. Its risk and volatility are no longer volatile. It’s more volatile than Apple, but much less volatile than Tesla.”
“As Bitcoin matures, its volatility has dropped.” “Bitcoin’s volatility is not somewhat more risky than Tesla stocks. We shouldn’t pay double-digit rates for loans.”
Mallers announced his new lending system at an interest rate of 9-13%. It will allow people to borrow from $10,000 to $1 billion.
The grocery store closed and said, “Please take responsibility. It’s debt. I think debt is like fire. It can heat civilization. It can warm your home, but if you’re too crazy, it can burn your home.”
“Life is short,” Jack said. “Go to travel, but with Bitcoin, you’ll just make a better choice.”
This article Jack Mallers announced a new Bitcoin-backed lending system on Strike, which first appeared in Bitcoin magazine and was written by Oscar Zarraga Perez.
