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What Bitcoin Did with Peter McCormack


Sep 24, 2021

SHOW DESCRIPTION

Location: Remotely
Date: Thursday 23rd September
Company: Strike
Role: CEO

For the past few decades, fintech companies have launched many proprietary payment systems for digital payments, leading to competing standards that have left markets disconnected and bifurcated.

Bitcoin is a new open monetary system, and the Lightning Network introduces instant cash-like digital finality. Any platform or company can now plug into a global interoperable financial network that operates at the speed of light.

Twitter has become the first social network to integrate Bitcoin as its native currency. So what will this mean for social media and content creators?

In this interview, I talk to Jack Mallers, CEO of Strike. We discuss the launch of the Strike API, integrating Bitcoin with Twitter, and the accelerating network effects of Lightning.