Jack Mallers Profile picture
Dec 6 โ€ข 4 tweets โ€ข 3 min read
Send Globally ๐ŸŒโšก๏ธ

Strike users can now send US Dollars direct to banks and mobile money accounts in Nigeria, Ghana, and Kenya.

#Bitcoin, as an open, global, instant, free settlement network, is starting to act as the payment rail for the world.

businesswire.com/news/home/2022โ€ฆ
Legacy payment rails are duct tape.

They were never designed for forever. They were only built to hold together the now.

Humanity finally has an equitable payment standard for the world.

#Bitcoin fixes this.
We're live. Give it a try!

If you want to send USD to an African phone number over Lightning I suggest donating to @dada_bitcoin

Lorraine is creating a safe space for African women to learn about #Bitcoin

Your USD straight to Kenyan Shillings โšก๏ธ:

Lorraine Atieno
700225704
What countries and currencies should we support next?

๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡ต๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ด๐Ÿ‡ฌ๐Ÿ‡น๐Ÿ‡ฒ๐Ÿ‡ฝ๐Ÿ‡ธ๐Ÿ‡ป๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ง๐Ÿ‡ท๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง

๐Ÿ”œ

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More from @jackmallers

Aug 24
With my @Strike card, I now get my direct deposit to Strike, I buy #Bitcoin on Strike, I remit money on Strike, I spend money on Strike, and I earn rewards on Strike.

Now, Strike does everything my bank does.

Now, I can finally close my @Chase account.

A #Bitcoin native bank
The Strike Card makes Strike the first banking app that allows users to use dollars on the ACH network, a card network, and the Lightning network.

A banking app that uses #Bitcoin as a payments network, allowing users to use their dollars in ways that were previously impossible
If you need to make a remittance payment, Strike can move your dollars over Lightning, allowing for your remittance payment to be instant and free.

Other banks can't do that.

A new, superior, payment experience with your money.

Read 12 tweets
Aug 5
"A failure to understand proof of work is a failure to understand #Bitcoin" - @dergigi

Satoshi used difficulty-adjusted proof of work to combine money, time, energy, and information to create the best money in human history.

#Bitcoin's use of proof of work is the innovation.
"If someone has the power to create and control the money, this power will be abused"

Money is as powerful a weapon for evil as it is a tool for prosperity and freedom.

For this reason, humanity has historically valued money that lives outside the control of any central group.
For the first time, there is a digital ledger where the past is unchanging, and the future is uncertain.

How?

#Bitcoin uses proof of work to create both an unforgeable history and an unsure future, on a predictable schedule, replicating our physical era of time in cyberspace.
Read 8 tweets
Jun 14
Weeks ago I recorded an interview with @BusinessInsider to discuss @SBF_FTX claims that #Bitcoin can't scale, won't be used for payments, and that proof-of-work is bad for the environment.

It was never published.

So, I uploaded it.

#Bitcoin is the signal in a sea of noise.
#Bitcoin is the best monetary instrument because it allows money to travel through space and time
The world's payment network will not be a blockchain.

#Bitcoin is the future of money.

Lightning is the future of payments.
Read 14 tweets
May 18
Another awesome product built on the Strike API: paymeinb.tc

A global invoicing platform with instant, free, irreversible payments using #Bitcoin and the Lightning Network.

Create and send a hosted invoice payable by anyone in the world in less than 30-seconds

๐Ÿš€โšก๏ธ
The global invoicing market is massive and growing with an expected CAGR of over 20%.

As the world becomes increasingly more digital and connected, there is a growing desire to transact and exchange goods and services.

We have a global payment standard.

We should use it.
With #Bitcoin and Lightning, we now have an open, global, instant, cheap, inclusive, and innovative standard to transport value digitally, of any size, cash final.

Using #Bitcoin as a settlement rail makes global invoicing instant, cheap, and accessible to everyone.
Read 7 tweets
May 2
Awesome new product built on the @Strike API: reacher.me

Solving the email spam problem with #Bitcoin and Lightning payments.

The public can now reach me at jack@reacher.me for $1

The future of the Web is using #Bitcoin as the internet's native currency.
Email is likely the most successful mass-communication scheme of all time but has always had a spam issue.

In 2012, @Yahoo Research estimated 88% of worldwide email traffic was spam, and spam costs businesses and consumers an estimated $100M per year.

pubs.aeaweb.org/doi/pdfplus/10โ€ฆ
What is spam?

Spam is an unsolicited message from someone you donโ€™t know that would like some of your time and attention.

Given the fundamental architecture of the internet, spam is hard to prevent.

Itโ€™s difficult to restrict who can contact you and there's no cost to do so.
Read 15 tweets
Feb 8
@jack @Ghost Tinkering with @Ghost and @PlebPay, I created a post behind a global micropayment paywall on Lightning.

For only $0.10, payable by any Lightning wallet in the world, you can watch my 21-year-old self celebrating Segwit activating on #Bitcoin.

Crazy.

jack-mallers.ghost.io
@jack @Ghost @PlebPay Now with @CashApp integrating Lightning, I can now monetize my content to all 70M+ CashApp users, and all 100M+ Lightning Network users globally.

Network effects and economies of scale at work.

The real future of the creator economy on the web.

Open networks win.

#Bitcoin
@jack @Ghost @PlebPay @CashApp If @Ghost implemented this themselves you wouldnโ€™t need code injections or any hacks.

Theyโ€™d also allow for fully anonymous accounts if upon signup they required a Lightning micropayment instead of your card details.

Global creator marketplace on the web that supports anonymity
Read 6 tweets

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