Why the SEC pivot?
Because banks get crushed being forced to buy negative real yielding bonds. Selling #Bitcoin and now “Crypto” ETFs help them to monetize insane debt levels and inflation.
Banks call the shots, not government.
In the end, there is #Bitcoin and everything else
U hit on the nail.
Bitcoin is money because it's backed by energy just like petrro $ & Ethereum is a Smart K0ntract Utility T0ken with a Virtual Machine.
https://mirror.xyz/shreme.eth/Y6mi9enyvdtmTXYyaaFXxr5LpoQO4I-P11UyEfmpBNE
Banking corporations are for born losers
Preach brother.
✨🙏🏼✨🧡✨
You’re the man, Jack!
Boom.
So eloquent.
Nice work, Jack 🫂🤜🤛
This was so good , I fucking love it how you handled the interruption with a boomerang.
How can Bitcoin be money when we can not use it as money? If you are not transacting within the same wallet ecosystem, a lightning transaction costs me about 0.5% of the total amount on average.
It is nowhere near a few sats. You send $100, you pay 50 cent in lightning fees. That sucks big time. And i have not talked about onchain fees...
What lightning wallet are you using? Muun?
i use phoenix as self hosted and blink and bitcoin jungle as custodials. it does not matter with the fees, if you send from custodial wallets to a wallet which is not one of the major custodial ones, you pay way higher fees than everybody is parroting.
Fair play, I've never paid anything like that in fees but then, I've been using phoenix for stacking self custody and not been sending from them since before they altered their pricing structure. Still, the most I've ever paid in LN fees is about 10 sats so far
i wanted to send $100 from bitcoin jungle to xapo. costs 50 cents.
sending $100 from my credit card to wise.com costs 48 cents.
Lightning is a total joke.
Again, never seen any LN transaction anywhere near that sort of level and I've been using it for years. Receipts?
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
These are the fees on the Lightning Network when you send to a less often used wallet, in this case Xapo. The black screenshot is Phoenix wallet, the grey one is Bitcoin Jungle. Bitcoin Jungle fees are in Costa Rican Colones, its about 50 USD cents. Maybe nostr:npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu or nostr:npub148qm45zettnf6ekgkatnyfadunxwjpu8sy88mjdsgwc5f202d93qmejra7 can say something about it? 
Just for comparison: If you send EUR with your credit card to wise.com it costs you 48 cent for a 100 EUR transaction and it is instant.
That's fair, cheers for sharing - the only thing I can say is that the companies probably need an income stream so centralised services are more likely to charge, but if you're using your own node to someone else's own node then the fees shouldn't be anywhere near that - unless you're lumbered with a really expensive route as your only option.
it is like telling me that if i want to avoid the bank transfer fees, i can put the money into an envelope and send it by snail mail or bring it myself to the receiver.
How much effort am i willing to put into small payments? Not a lot. And i have a good technical education. How does one sell the advantages of using lightning to a normie when there are none?
I just use a card or a paper bill. Having to run your own node to spend small amounts is just the future of retardation, not the future of finance. IMO.
idk. Most I've ever paid is through strike, and it was like 20 sats.
Great interview.
well said as usual!
🍻🫂
banks r authorized agents after all. hence they always get free public bailout from congress after all. individuals cannot.
Pure 🔥
🫡
You look more grown up.
Is the host a closet bitcoiner? She's rocking the orange. 😂
Great interview. Never need to apologize to dorks like that guy.
Jack you are an absolute legend 😂 👌 💪
My take on who put Gary's nuts in a vice over the eth ETF and why;
Trump makes a passing remark about crypto and starts accepting donations. He has 0 care about the cause, ethics or the law. He just wants more money to cover all his fines and settlements and he sure as hell isn't gonna work for it or provide value to society for it. Statist bitches fell for it. I guarantee he sells for $ as fast as he can dumping their own stacks on their heads.
Now the democrats have to fall all over themselves to turn full 180 and pass a bunch of pro crypto shit so he can't steal votes or get donations off that issue.
Good interview
Great talking points!!! Straight fuego 🔥🔥🔥
Love the pushback! Most people kindly overlook the fact that financial corespondents sit on the fence for their audience’s sake. However, they do them an injustice. 🫡
Good work dude. Looking more jacked. Gettin those reps in?
Nailed it.
👏 👏 👏
nostr:note1czw026g84z55ng8ea6mr3fcf2aszjxxsvy9d6fzmllskjfn0n7yqzhvfak
Excellent work! Thank you.
Keep calling a spade a spade, Jack!
🎯💯
Outstanding, I simply salute you Jack Mallers. You are a one man wrecking and building crew. Wrecking and building the right stuff.
Good grief Jack, pretty much knocked that one out of the park. Your clarity, ability to think on your feet, comprehension of the range of technical and business variables at play, and your emotional maturity within adversarial realms is exceptional. Very impressive.
fuck the banks, ocho free my 1 sat on strike turiz@strike.me .
when even the banks are wanting to exit the system you know things are bad 🔥
nostr:note1czw026g84z55ng8ea6mr3fcf2aszjxxsvy9d6fzmllskjfn0n7yqzhvfak
makes sense.
nostr:note1czw026g84z55ng8ea6mr3fcf2aszjxxsvy9d6fzmllskjfn0n7yqzhvfak
“Piece of crap? Oh, I apologize, I meant piece of shit.”
Best post o day
There’s jus sumthin about a mic drop moment that’s better when you do it with a smile on ur face and as casually as if u didn’t realize u’d done it🤣🤣🌅
nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle laying it out.
He's right, Banksters are above governments.
What is ceo means?
Legend! Your way with words is impeccable.
He always lays it out so well.
