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The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, unveiled a novel system of Bitcoin-secured loans at Strike with an interest rate in the single digits.
Jack Mallers commenced his keynote by highlighting the foremost dilemma: fiat currency.
“The optimal moment to visit Whole Foods and purchase eggs with your dollars was 1913,” remarked Mallers. “Any time after that, you are getting taken advantage of.”
What is the remedy?
“The answer is Bitcoin,” asserted Mallers. “Bitcoin is the currency that we trust which no one can generate. You can’t manufacture it, you can’t devalue my time and effort, you cannot rob me of possessing assets, of achieving financial freedom, of living independently, and safeguarding my future, my family, my treasured belongings. Bitcoin is what we created to accomplish that.”
Mallers delivered a powerful message to the audience by asserting that individuals ought to HODL every dollar they own in Bitcoin. People should also utilize a portion of it to enjoy a good life.
“You can’t HODL indefinitely,” indicated Jack.
While discussing loans that individuals take against their Bitcoin, he elaborated on why he believes banks charging 20% interest on loans secured by Bitcoin is ludicrous.
“All these professional economists claim that Bitcoin is risky and volatile,” stated Mallers. “No, it’s not. This is the magnificent 7 one-year volatility, and the orange one in the center is Bitcoin. It’s not any more risky and volatile. It’s slightly more volatile than Apple, but significantly less volatile than Tesla.”
“As Bitcoin evolves, its volatility diminishes,” Jack continued. “Bitcoin’s volatility is now at a level where it is no riskier than a Tesla stock. We should not be incurring double-digit interest for a loan.”
Mallers revealed his new loan system at Strike with interest rates of 9-13%. This will enable individuals to secure loans ranging from $10,000 to $1 billion.
Mallers concluded by advising, “please act responsibly. This is debt. Debt is akin to fire in my view. It can nurture a civilization. It can provide warmth to your home, but if you become reckless, it can consume your house.”
“Life is brief,” said Jack. “Embark on the journey, but with Bitcoin, you just get to enjoy a better one.”
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