The Full Jack Mallers Announcement at the Bitcoin 2022 Conference

Bitcoin 2022 Conference - Full Jack Mallers Announcement
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[@jodisnyder460]

Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

[@estheralvarez5496]

I've been thinking of going into some kind of investment like Gold, Stock and Crypto:

[@estheralvarez5496]

I don't know which one is best at the moment

[@thomasbright4551]

I agree with you it has been an eye-opening experience :)

[@richiesmart5197]

Investment is the key to achieving success with the current pandemic

[@robertshawn5348]

I see she's really spectacular Please tell me more about her trading strategies:)

[@nicetrymate813]

Crazy to think how fast Strike has come along since Jack's last talk. Fucking inspirational man

[@IanLeg]

You're Amazing ! Love it Jack. (From a 66 year old boomer with BTC) We're not all out of touch, Ha!

[@FesteringRatSub]

We aLL KNOW THAT :)

[@jamessalazar6702]

Lit

[@erichchan3]

Man i feel bad for the camera guy for having to continue panning left and right on the camera for 44 minutes 😂

[@conformist]

one must imagine the camera man happy

[@Typicaljess]

Thank goodness for KZbin! I was able to fast forward 50 years!

[@melanieparis8697]

Thank goodness for Jack❗️🇦🇺☕️

[@UnderstandingBitcoin]

Thanks to Jack

[@nolandfpv]

The best presentation of the conference.

[@Mattes50A05]

Jack Mallers just made Bitcoin de facto legal tender in the US.

[@cloud9bill]

The passion of this guy, changing the world.

[@pabloravizzoli345]

Love the message, the concepts, and the announcements. Subtract the boomer bashing, screaming, and arrogance and you'd have twice the impact in half the time.

[@kajakjohlopi7843]

This was just a bunch of hot air. Also conveniently failed to mention Bitcoin's Achilles' heel as a payment tool (volatility).

[@solalhagege2747]

@@kajakjohlopi7843 You probably didn't understand the presentation if you mention this. Bitcoin volatility does not matter here.

[@ericfoisy7099]

Well said Pablo.

[@justincross1247]

@@kajakjohlopi7843 did you even pay attention?

[@gubzs]

Yeah the crypto community loves to hate on boomers. They aren't wrong for being furious, but they are wrong for being loud about it.

[@paulemily9752]

INVESTING IN CRYPTO NOW IS VERY COOL EXPECIALLY WITH THE CURRENT RISE IN THE MARKET, ACT NOW.

[@daniellisa3541]

That is true I've been trading for years and it has been my source of income,

[@daniellisa3541]

I earned $89,400 on every 19,000 I invested with 7days trading,

[@daniellisa3541]

Don't remain poor out of ignorance forex trading is lagit and it's pays

[@daniellisa3541]

And I think the better day has finally come invest in forex trading and ragain your balance.

[@justinpamela2193]

You are absolutely right

[@talesfromthemidwest]

I need more Bitcoin.

[@ThePoehladian]

I need more XRP.

[@JamesBrown-wy7xs]

Has anyone else noticed that videos related to this Bitcoin 2022 Conference aren't showing up in KZbin's history feed? It's odd. I watched two videos that covered this event earlier, along with quite a few other videos. The two Bitcoin videos are the only ones now missing from the history page.

[@sageakporherhe783]

The cameraman taping this conference woulda been like "Dude, stay fucking still man!". 😂

[@martinlutherkingjr.5582]

What do you tell the checkout person you’re paying with? Bitcoin or strike?

[@dude9232]

Just a basic question. Do UPI payments through QR codes also use Visa/Master Card network?

[@bigboi36]

Mallers gone Beast Mode!

[@marymiller9812]

Crypo currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making 85% profit from my current investment with a professional broker, Mrs Judith Callen.

[@connorwills1284]

I'm surprised you know her too, I've been making a lot of profits investing with her for a few months now.

[@matthewbaggett9804]

Mrs Judith changed my life because of her huge profits i got from investing with her.

[@kevinrichards3459]

You invest with Mrs Judith too? Wow that woman has been a blessing to me and my family.

[@gregwilliams4945]

I was skeptical at first until I decided to try. It's huge returns is awesome! I can't say much.

[@marymiller9812]

@Nessa Shannon You can reach her on TELEGRAM 👇

[@maxwell1437]

Hello everyone. I'm actually looking for a good trader that can help me trade and make good profit... But it very hard to see trusted one..Any idea?

[@danirose4816]

Trading forex is a good business one can think of doing but most newbies usually undermine and neglect the importance of technical analysis with regards to trading

[@johnanne6763]

@@danirose4816 What do you mean by technical analysis and how can someone apply technical analysis during trade

[@danirose4816]

@@johnanne6763 Technical analysis overly predicts the movement of assets prices regardless to what is happening in the wilder or broader market. Essentially,the procedures involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset.

[@RichardmFrost]

@@danirose4816 Accurately spoken

[@EdwardgRoach-tf4bv]

@@RichardmFrost Most people today have been having failure in forex sector and crypto sector because of poor orientation and bad expert

[@bobbygunz9254]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

[@chris-pj7rk]

Ivy, As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.

[@claradidi7573]

I agree with you. I ventured into stock with less than $100,000, and now I'm about 17,000 short of half a million dollars. Credits to Nicole Deanne Mckay. She's verifiable.

[@bobbygunz9254]

@@claradidi7573 Thank you! i just looked her up and sent a message hoping she gets back to me.

[@viviangall1786]

@@claradidi7573 I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.

[@unclemarkmark]

The fact that this vid only got 2.7K likes, shows you how FKN early we are. If you own bitcoin right now, you are a first mover. If you have owned it for years, you're more than fabulous.

[@martinlutherkingjr.5582]

What’s the largest transaction size you can do?

[@eleganz]

This, ladies and gentlemen, IS CAPITALISM. Jack is unlimited.

[@hammerhead19able]

Niiiiice. Mr. Jack Mallers. Niiiice. Thank you., the future looks brighter.

[@jachmd]

Keep it up Jack! And never be sorry for being who you are.

[@Lightrunnerr]

Goodness the livestream chat was so toxic to him

[@calmingremedy5358]

lol at the Elisa bots. 🤦‍♂This is massive!!! Thanks for the video!

[@NikoHD]

A huge deal about this is also FX fees, people who travel a lot will save a lot of money in conversion fees. Imagine traveling with your lightning wallet, without worrying about currency exchanges, FX scams, or poor conversion rates. That's insane!

[@vernonroessler]

Forgive my ignorance but how does this work regarding BTC transaction fees? Merchant pays? Or, I buy BTC & pay transaction costs, and then buy product and pay again? Totally in favor of crypto and this method of defi but what are the actual costs to consumer? Currently, merchant covers 2.7%-3.5% merchant card fees.

[@ijiikieru]

What's the name of the song they played when Jack came out?

[@paulobruegger2070]

Mindblowing! Maybe I dont understand, but: what about the conversion from Bitcoin into Fiat, is there a margin? Who takes that margin? Thanks alot for clarifiying.....

[@apollo-dionysus7858]

Neil Armstrong: “…a small step for man, one giant leap for mankind.” Jack Mallers: “&@!” Exaltation and vulgarity in the same presentation. I wish I could feel exhilarated. But I give thanks to you Jack. You are a brilliant and important young man. Well done.

[@MindFlowMedia]

How about the how much transaction fee can be saved and dispute mediation process ?

[@ThePoehladian]

XRP transaction = .0000001

[@loudnewsnet7796]

Does he go into the centralized hubs that exist on Strike?

[@DS-ww2jg]

Nice to see young man to come up with live changing solution, instead of waisting their time on TikTok.👍👍👍

[@digitalnative1398]

I really dig this. Can't wait for this to launch in Europe. After the EU has unbanned private hosted wallets of course. Yeah, we really don't have the brightest leaders over here...

[@x71sp1ff]

The announcement that Strike has partnered with Shopify, Blackhawk, and NCR is massively bullish news and has not yet been priced in. 🚀🚀🌛🌛

[@fp3728]

People are going to be furious when they realize they have been fooled. There is no such thing as a Euro or Aussie stablecoin. The lightning network doesn't have access to a decentralized exchange! Strike I would imagine does the transactions to the native nation currency through centralized off ramp exchanges. In other words it's almost the same thing as his 1949 caviar club!

[@jokerxp90]

It's always priced in. The market sees all and knows all 👁

[@bobbybobbob9151]

It's great.. But you can do that fiat transfer process on any network on second layer

[@mazeman01]

Let's say I buy something using my bitcoin and the merchant takes funds in US dollars. Technically, I just sold some bitcoin and therefore owe some capital gains tax (albeit small). How is this tracked/reported? Or are we to ignore this little detail?

[@Arvence]

Wow! The news media refuses to talk about this awesomeness! Excellent news!!! 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👍🏽

[@gsantana4087]

This isn't new, FLEXA/AMP token already does this.

[@jabig1]

One of the reasons I love bitcoin is the community.

[@fricob.4828]

and when this will be available in all the world?

[@oxmodius]

Legend. This is huge

[@DJ-hy8wf]

Awesome thanks for describing the XRPL!

[@ThePoehladian]

Exaaaactly. They just don't see it. I explain why on my channel. ✌️

[@willbone3036]

except the XRPL settles on chain and the lightning network is an internal private ledger like the central banks want... Just say shit, fuck, and boomer a few times and everyone will get laser eyes and start drooling. Then lets not forget the "no intermediaries" that magically turn fiat to fake lightning bitcoin then fake lightning bitcoin back to fiat.

[@DJ-hy8wf]

@@willbone3036 yup. Lightening network is a glorified prefunded credit card scheme.. but with a volatile asset. Beside no front end user gives a rats ass about how things settle on the back end as long as its fast and cheap. The BTC maxis are desperately trying to find a use case for BTC. BTC was doomed from the whitepaper.

[@ricochetrabbit4618]

*My new favorite speaker*

[@stormhorstead1706]

This guy for the Crypto space is what Tom Holland is for Spiderman. Brings Hype and hope! Legend mate!

[@ralfbo685]

Even then, I havent seen Tom Holland so hype

[@damianives2722]

Tom Holland is the worst spiderman yet lmao all been downhill since civil war

[@Patife_PT]

Cool! Is this going to work worldwide? Or just US?

[@garybill3508]

El Salvador is using Strike network for their payment rail.

[@rando-me2370]

Some comments contain the phrase “who would sell their Bitcoin”. That’s another way of saying “I don’t understand how this works”. It’s about payment rails. Analogous to the old phone companies when the internet came along. Their private networks became a competitive disadvantage because of their cost. Visa/Mastercard payment rails will be in the same situation when payments can be settled without them.

[@liviolai2284]

totally agree to an alternative paying system, but is it really better? does strike asks any fees? because it looks to me, customer ---> exchange to trade dollars in usd ---> bitcoin network ----> exchange to trade btc in usd ----> shop. We are basically wassaaaping each other the same. Correct me if im wrong. Plus on top of it theres to consider that to buy btc i pay fees to the seller, to send them from segwit to lighting i pay fees, if my 100dollars become 94 just because i want to use the system, is it really convenient? did i make any mistake in my toughts ????? i mean, i would totally pay that premium for freedom, but im not sure the masses would care about freedom, they would care more about convenience i guess.

[@devinabigt8274]

Exchange should be an option at every point of sale. Every consumer should be able to spend what they want, while the merchant can receive what they want to earn, with low slippage. This I believe should be part of the dream payments network.

[@chrismac7731]

95% of all traders fail” But no research paper exists that proves this number right,that why I will be forever indebted to you mrs pale Magret, and this channel i have made huge profits on my trades , despite that Among all day traders, nearly 40% day trade for only one month. Within three years, only 13% continue to day trade. After five years, only 7% remain

[@fridaypirfa6329]

I do trade but don't get the success I desire, how can I improve this.

[@chrismac7731]

@Brian well I am still a little surprised that there are people who do not still know how to earn from trading.

[@chrismac7731]

@Brian I am not a professional guild but I have a professional guild that does the trading for me.

[@fridaypirfa6329]

@@chrismac7731 I think that's exactly what I need, I need someone to help me get started.

[@fridaypirfa6329]

Please a recommendation of someone will go a long way.

[@Tanner1776]

Peter Thiel: Bitcoin isn't good for payments Jack: Okay, boomer

[@melanieparis8697]

😂😂😂

[@parrotboss785]

If i send 100 usd and the receiver gets 100 usd how does strike makes money? something is not right here

[@bmccon45]

They mark up the bid ask spread of bitcoin a fraction of a %

[@jasonelwoodhanna8021]

he may have exaggerated, i believe there is a lightning network fee but its so small its barely noticeable we are talking .001 cents

[@jacobm.549]

Wait... Where can I spend crypto/BTC using a Square terminal in real life right now? I can do this at the grocery store right now?

[@philiproness6976]

For merchahts that have staff collecting tips this is not only 2-3% savings on fees from Revenue but another 2-3% in The fees we pay to process Their tips. Big savings

[@ivtec4fun55]

That Bud commercial was so funny in the super bowl... WUZZUUUUUUPPPP!

[@jirisvejda8150]

Did you hear about UTRUST and Elrond Network? 😀

[@kurtdoten1]

Shouldn't we see a drop in product prices as this network is adopted and merchant costs (fees to Visa, etc...) are eliminated?

[@dustdevilmedia]

You would think, but if you read between the lines; rich kid who was turned onto bitcoin by his old ass "boomer" father, then you would realize this is a case of how can we milk the populace of even more money! Like any new product, prices are low to attract new customers, then once they got you, BAM!

[@runitback2back]

Bitcoin striving to be XRP and XLM cute haha

[@Leytonstoneblue]

Just witnessed one of the most important presentations to hit this century, a truly gifted and talented guy

[@jamesb.492]

no he is just a showman ! He left out that there is an exchange in the middle and if the shop receives USD two more banks are involved. The bank of the exchange and the bank of the shop. After all if the buyer or the seller do not chose the same currency. It essentially is the very same as the Visa network !

[@ThePoehladian]

And then you discovered my channel with literal seconds to spare.

[@nolendonovan3821]

@@jamesb.492 Wrong, you don’t understand the lightning network or Bitcoin

[@TheDeezelsmoke]

@@nolendonovan3821 actually he's half right. The system relies on Strike and their funds transfer company Prime Trust to convert between bitcoin and USD and to move the funds. The banks aren't involved. Strike does this for free for now because they are running on venture capital, but eventually someone will want to get paid. The important announcement imo is that its an open standard, so other companies will be able to take the ball and run with it if they wish, and eventually compete with each other.

[@mitchd7217]

@@jamesb.492 So let's say that BTC network does exactly the same thing that VISA does. That is still superior being decentralized, open, borderless, censorship resistant and neutral

[@davo1626]

Fantastic!

[@janusroland]

He's gonna be the president in 2052

[@janusroland]

@@Brian-vk1hm idk, ask his future self.

[@melanieparis8697]

Amazing young guy✅✅✅✅love this video 🇦🇺☕️

[@johnta17]

I wonder if this video is shadowbanned. Maybe it’s me but I cannot find it on the KZbin channel.

[@smartmoneymoves8201]

This is incredible. Great presentation. This technology is changing the world.

[@johnnorth5607]

Jack Is the Jack Mallers of our time

[@Harry-of7bk]

amazing!

[@josepaolomanicad4580]

How will NCR earn in this new platform?

[@kevh5568]

What's the point of all this? Who would want to use their bitcoin to buy stuff?

[@kevh5568]

@@jacesnow2035 Ok that makes sense. I didn't understand it at first.

[@gilessteve]

Spend and replace! What's the problem?

[@rjkubr]

You can also eliminate the middlemen by paying cash, nobody knows who bought what from whom or for how much!

[@willbone3036]

strike is the middle men... who exactly is turning this fiat to crypto then crypto to fiat without a middle man.. dude got up there and straight lied to everyone and now they bullish

[@SagaraUrz]

The camera man must hate him, hahaha

[@stephaniestylianou2368]

Yo Jack ! Bang bang that was awesome man !

[@rolandopaiz7305]

I truly admire Jack

[@regal360com]

Jack you stud, killin it my dude.

[@JayCo-]

Wow I'm really impressed

[@shulliny120]

Revolutionary innovation

[@Leo-dn9un]

cant get cash app in Australia ATM, WTF??

[@Leo-dn9un]

strike either??

[@erickstanza8782]

It cracks me up that jacks grandpa is looking UP at him from the afterlife 😂

[@d7seven]

Amazing

[@richardcasey4439]

Same vibe as Internet 2001. Think about it

[@njs654]

Fantastic

[@FesteringRatSub]

So let me see, strike buys up all the Bitcoin is this what this is about>?

[@Nick-mp4jl]

It feels like the NOKIA moment in 2007, when iphone was presented for big banks

[@willbone3036]

LifeInvader in grand theft auto 5 is what i was thinking... SCAM having "no intermediaries" in a transaction from fiat - crypto - fiat sounds like some magical monetary theory with unicorns and transgender rainbows.

[@bitcoinbeacon77]

And your back

[@JayCo-]

This conference was outstanding

[@juanpena1480]

Awesome

[@malinstarr3669]

It’s sad Warren Buffet and Charlie don’t use smartphones. I need to send them this clip💥💥💥

[@johnsy9702]

So who pays to miner and how does app company make profit?

[@gilessteve]

@@fannys941 It's all done on the Lightning network.

[@user-tx7lo1eu5e]

peru - selva desde aqui saludos

[@trevorvaughan8100]

we just need to get the FX btc/dollar swap fees smaller

[@ThePoehladian]

XRP already did.

[@boogeyyaga6942]

I think if we buy with Bitcoin it is considered a taxable event.

[@tedd7028]

I love how he calls out Liberal Liz

[@obikiowesmith1776]

He has said what I been yelling about fraud liz Warren. I love it. She exposed

[@Drewshmoo2]

Hard to call this innovation when this is Flexa / AMPs entire business model

[@Schachtens]

AMP == ETH != bitcoin. Flexa is just a modern fiat equivalent.

[@edentoeternity]

@@Schachtens no it's not

[@martinstrid4667]

Gotta love a business model lol

[@deyanpetrov4447]

What's the difference between this an Flexa (if any?)

[@vipwolf8971]

No one wants to spend their sats.. how are we gonna change that?

[@gilessteve]

Spend and replace. What's the problem?

[@tariqbacchus]

Dude was definitely chasing the white rabbit before the speech but I don't pass no judgement, thanks!

[@danielsanders1212]

This news was so great!!!! that everyone immediately started selling and left us with a 41K dollar bitcoin price 🤷‍♂️🤷‍♂️🤷‍♂️

[@ThePoehladian]

You're window of awakening is closing.

[@danielsanders1212]

@@ThePoehladian meaning?

[@CollaborateOrDecent]

@@danielsanders1212 means everyone will get btc at the price they deserve.

[@danielsanders1212]

@@CollaborateOrDecent wow beautiful said but dumb conclusion if you think about it. You get btc at the price you think it’s worth and right now people think it’s worth shit obviously.

[@CollaborateOrDecent]

@@danielsanders1212 42 thousand dolars its the price of shit to you??? Hahaha

[@erickstanza8782]

How was he able to pay through his cash app with it said his balance was $0?

[@TheDeezelsmoke]

He paid with his bitcoin balance on CashApp, he had a zero balance in dollars. You can pause it at 33:43 and see that it shows he paid with 7k Sats

[@erickstanza8782]

@@TheDeezelsmoke oh ok so he didn’t have to switch to his sats balance first? I don’t really understand cash app. I’m in the U.K. and it doesn’t have a Bitcoin section. £ only

[@TheDeezelsmoke]

@@erickstanza8782 I think it must default to that if you have $0 usd, but I haven’t tried it myself

[@gracie2375]

Talk about disconnect? Incredibly great content with a childish, not elegant delivery!

[@TheDeezelsmoke]

Politicians have polished delivery, and look where that's gotten us.

[@jimmygunawan6104]

Awesomeee

[@architectjeff]

Interesting message and concepts. Really exciting technology and thoughts put into the future of payment rails. Great stuff! Profanity, however, has no place in public speaking. It's unprofessional and gives the impression of insecurity. Let's elevate our speech in public. Otherwise, I dig it.

[@kitingkev]

Amp and flexa had already done all that and is partnered with NCR. Who wants to spend their bitcoin anyway?