Jack, you continue to find ways to explain concepts that are complicated and confusing- even confounding - to many people about money, the economy and BTC in ways that just make sense. You’re one of the bright stars of the BTC world and I always tune in to listen, learn and laugh!! Thank you!
😂😂😂😂😂😂 BTC is an old basic unscalable network. He cant explain anything more complex in this space. BTC does t work as a payment network Lol its slightly less centralized digital gold that everyone just hodls ....😂
Jack has a fantastic understanding of the global debt crisis and a unique ability to articulate BTC as a solution in a very easy to understand and succinct way.
"I'm the only sibling that's in to Bitcoin" ? Wtf ? So Jack can't convince his own family ? Amaaaaaazing interview though. He drops bombs all the way through.
Thanks, guys. Great discussion. Jack brings incredible clarity of thought. Each pod further embeds my conviction. Based in the UK, Bitcoin simply doesn't make up any part of the conversation, as yet. Not in my age group circle (50-65). Not my kids, nieces and nephews (25-40), and not the students or early in career youngsters (18-24). Disgracefully, unlike the US, our news broadcast's doesn't have even the smallest financial segment (by design?) so it's not part of the discussion. So I seek constant education, deeper insights and a broader comprehension of Satoshi's vision, macroeconomics and geopolitics, to keep my conviction high during this time. I'm so grateful to you all ❤
Jack is very young, and he has a deep understanding of economics, and he has an effective and beautiful way to convey his ideas. The beautiful part means memorable.
I can’t believe you’re walking away from such a great show. There will always be a need for a great Bitcoin focused show. I wonder who will fill the gap you’re leaving?
Thank you so much for this amazing video! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Love it! first off, I want to say Thanks Peter and Jack, you guys ROCK! Secondly, i was privilaged to see Strike on the web 7 months ago. I started w/strike and whatever I can spare I got with strike. Not a lot... but like most average Joe taxpayers or with a wife and three kiddos I try. so I'm slowly getting there, but I'm 100% in on STRIKE and Jack aka "Mr.M"and bitcoin and I would love for Jack to implement strike within the construction industry, whoever strikes first⚔️⚔️⚔️. if that Mr. M isn't taken already, I want to make my first strike T-shirt Jack Mallers a.k.a. Mr. M could stand for a lot of things 🤩BCoin, Maller.. MO MONEY MO MONEY😂 it will be incredible if Mr. M could implement strike in the construction industry. I support you guys and I would do anything to educate the construction industry with STRIKE bitcoin Blockchain anyways thank you for all your hard work. I appreciate all of you guys be safe stay safe STRIKE 45:49 for life, baby.!!!! PEACE CM Smiles;MILEZ 46:09
Thanks for the forecast! I need some advice: I'm using a SafePal wallet with USDT and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
E=mc2 is a simplified explanation of Energy, Mass and Movement... still freakin hard to understand... I am glad we getting out of explanation phase and we start seeing Apex Predator doing its work! ... though I love and enjoy your thoughts!
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to Bitcoin ..
Larry Fink imposed a clean out of the backyard before he jumped on: blockfi, genesis, ftx, cz...he wanted all those guys out so he could jump into a clean yard where he could rule like he will. It is so evident and Jack nailed it when he described what crossed Larry's mind: 'yes, it is time now, let's go with etfs'. You need no more, that was 'the' signal
Great video. Thanks for all the proof of work you have done on WBD. Best of luck for you and Danny’s new endeavors. “I don’t give a Fuck ole man! “ Mallers is a baller. Hey what is happening in Bedford in April. I am coming to Clapham for a birthday party early May.
Innovation and improvements in Productivity also help. If you can do the same task more efficiently, say by using AI or robots, that would help counter inflation. Nonetheless, we do have massive amounts of global debt.
The way I start conversations with people is in regards to The National Debt Clock. According to the clock (a few months ago), approximately every 11 minutes we are printing 21 million US dollars.
Jack almost gets IT, IT being Immutable Truth. For Jack to get IT completely he would have to go back in time. He would have to go back to when Barter was just exchanging things between people for their own human reasons. Also, Jack would have to forget about mathematics. That's because at the time of Barter, numerousy was almost zero. In fact parity between those who used money and had numerousy was not reached until circa 1920 to 1950. That's not insignificant, it's thousands of years apart. So on that trip back in time, Jack who have no mathematics and have to exchange what he knows as goods and serviced goods. So without mathematics, the exchange of goods and serviced goods is just the Pure Empathy of all parties. The people who exchange between themselves and or in larger families or larger communities the person who has above zero mathematic capability. However, the person who had above zero mathematic ability had to be careful, if he/she didn't exchange Pure Human Empathy then there would be violence. Also, having an ability beyond others who had issues with them could point the finger of the devil or witchcraft or blasphemy. So with that trip back in time, Jack would then know that humans exchange based upon Pure Human Empathy. The use of Money that took many many hundreds of years to become widespread, should just have been a way of creating a mathematical magic number that expressed that Pure Human Exchange of Empathy due to the different mathematical number of exchanges being the square of the goods being exchanged. Just 8 different goods being 64 different magic numbers of exchange. I say magic, because people didn't have numeracy for thousands of years after Money was invented. So Jack now realises that, multiple generations of people had lost the attachment of Pure Human Empathy being exchanged and had been provided with Money as an alternative. We all know that Money has never been perfect. But Jack now knows from his travel back in time, that Money never was able to replace that magic number of Pure Human Empathy exchange. So does Jack get why Bitcoin is that magic number that exchanges Pure Human Empathy and is beyond what Money has and could never achieve? Does Jack now get IT, the Immutable Truth that exchanges Pure Human Empathy as an unstoppable permissionless global human construct? So while it is true that Money steals people's time, energy and intellect and that extends upon future generations. The more disturbing fact is that Money, even prior to Fiat Currency, was destroying the exchange of Pure Human Empathy from the beginning. When you look at various Religion's and even the American Constitution, you can see that this battle was misunderstood. If any Religion or the Founding Fathers had Bitcoin, things would have been very different. As such, Bitcoin is better than a Constitution and or any Religion and obviously any form of Money too. Bitcoin is Bitcoin, the wrestling of what that is and means is with you, being every individual on the planet without fear or favour, just not AI though cos that's a whole other derangement...
I don't think it really makes a huge difference to the base thesis, but I'm not sure what to do with Jack's finer points when he says things like "Janet Yellen is Jerome Powell's boss." It reveals a massive disconnect between pretense and reality. The US treasury and the Fed have been at war with each other for least 3 years now.. Fact is that there are waring factions in the US and I can't believe that this reality plays no role in what decisions are made - yet very few people in the Bitcoin space even talk about this.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I always believe that Jack could be the leader for the young generation and Bitcoin would be the weapon with which they can fight for a better future. Bullish 🚀
Serious question: when Bitcoin hits $1 million dollars, that would mean each Satoshi is worth 1 cent. The next step up would mean each Satoshi would be worth 2 cents but that would mean One Bitcoin would be worth $2 million USD. How does that work?
my biggest quarrel still with all crypto (and i own more crypto than fiat right now) is that people still just see the value of all crypto in terms of fiat. so when btc finally does take off (or if) it does most people will still ultimately just cash it out for fiat again and we are essentially back where we started. until i can buy a cup of coffee and get through most mundane generic days by only using or spending btc or any other alt coin idk how we can keep pretending crypto holds all this value. its like having a big bar of gold in ur closet. even if that bar is worth a mill what good is it without ultimately selling it for cash or fiat? in that sense I just dont see it as currency "debasement". its value is still relative to fiat
im open to respectful responses to this. btc has been around for long enough now. the argument that "one day" that will be a reality doesn't seem as plausible to me anymore. we and we are still not really close to that reality. so not sure where that leaves us
If the exit door isn’t big enough for everyone then how is btc supposed to be global money? They keep talking about how 8 billion need btc but they know it is only capable of servicing a tiny fraction of that. Make it make sense!
Can someone clarify: Jack says “I own 3 things, my house, my business and bitcoin. I don’t even own fiat?” I’m pro bitcoin for sure but still in the world we need fiat to purchase goods… does he not have a bank account at all… ?
No need, bitcoin has orders of magnitude more POW energy behind it compared to those altcoins. Why should anyone put money in one of those systems that has 100 times less POW security behind it?
If Jack is your last guest, that would be fitting. Two legends closing out the era.
Meh
One kinda legend
Big mistake to finish. All the sponsorship and interest in the football club relies on this podcast.
Jack, you continue to find ways to explain concepts that are complicated and confusing- even confounding - to many people about money, the economy and BTC in ways that just make sense. You’re one of the bright stars of the BTC world and I always tune in to listen, learn and laugh!! Thank you!
😂😂😂😂😂😂 BTC is an old basic unscalable network. He cant explain anything more complex in this space. BTC does t work as a payment network
Lol its slightly less centralized digital gold that everyone just hodls ....😂
Jack has real intelligence. Thanks for bringing strike to the UK.
This is the best Jack Mallers podcast ever, Jack for president.
Jack = one of Bitcoins brightest thinkers & most persuasive ambassador.
Jack has a fantastic understanding of the global debt crisis and a unique ability to articulate BTC as a solution in a very easy to understand and succinct way.
I am going to miss this podcast dearly. Love Jack being on. Always an incredible discussion when he is involved.
"I'm the only sibling that's in to Bitcoin" ? Wtf ? So Jack can't convince his own family ? Amaaaaaazing interview though. He drops bombs all the way through.
When I heard that, I realized I wasted too much time convincing my friends 😂
Mark 6:4. Very true!
Those who get it don’t preach it and those who preach it don’t get it.
Imagine the rest of us trying to orange pill our own relatives.
The propaganda that it's for criminal activity still persists. I still get that response from nearly all my friends and family, too.
One of the best podcasts on Bitcoin and with Jack Mallers, this blew every doubt away! Love the man really.
Unfortunately I get to hit the like button only once! Brilliant show. Love Jack!
I love Jack. I love this podcast. I love Bitcoin. Thanks.
Cheers!
You love losing money because it's going to zero
Thanks, guys. Great discussion. Jack brings incredible clarity of thought. Each pod further embeds my conviction. Based in the UK, Bitcoin simply doesn't make up any part of the conversation, as yet. Not in my age group circle (50-65). Not my kids, nieces and nephews (25-40), and not the students or early in career youngsters (18-24). Disgracefully, unlike the US, our news broadcast's doesn't have even the smallest financial segment (by design?) so it's not part of the discussion. So I seek constant education, deeper insights and a broader comprehension of Satoshi's vision, macroeconomics and geopolitics, to keep my conviction high during this time. I'm so grateful to you all ❤
Really enjoyed this. Love the time/energy/money analogue 😃
Love the show. Editing suggestion; you could do away with the “When was the last time we saw each other?” bit that begins the majority of episodes.
Jack is great! He does such a wonderful job breaking down the macro view. ✌️🧡⚡
I see jack. I click.
How to be even more of a Jack Mallers fan. Damn! Exceptional stuff right there.
Jack is very young, and he has a deep understanding of economics, and he has an effective and beautiful way to convey his ideas. The beautiful part means memorable.
Jack Mallers you make your grandfather super proud!
It's no accident that Jack is who he is 👍
Excellent as always 💪💪💪💪
Some really deep clarity here. Thank you!
Amazing cast! We need more Mallers in the world
I could listen to him all day long
Jack ! Consistently to the points 👍
my favorite podcast ever
GOAT 🐐🧡
Good Ole Jack. The man.
amazing abilities, he breaks down stuff just on point! love it
2nd only to Saylor, Jack is the BEST explainer of Bitcoin and it's place in society!
aantonop is the best in my opinion.
The banana analogy is perfect!
I like Jack. He makes it all so easy to understand! Thank you
It's going to suck not having this podcast to tune in to but I'm looking forward to the new pod. I'm already expecting greatness.
I can’t believe you’re walking away from such a great show. There will always be a need for a great Bitcoin focused show.
I wonder who will fill the gap you’re leaving?
I’m looking forward to the next era of podcast at home
Banger of an episode. Love me some Mallers 🔥
It was even better the second time I listened to this. Hats off, gentlemen. ;)
Why is this podcast ending?
Oh wow, that's an instant like 👍🏻
Always a blast with Jack on. Thanks All !! 💸
Jack nails it everytime 🙏
Jack Mallers is entertaining; he’s fun!
He’s also smart and does an excellent job of advocating for Bitcoin.
Brilliant interview love it
Great episode! Thanks a lot for educating us.
JM is a very inspiring person. Great Guy.
I've listened to every show you've done. This one is top 5 in my oponion
Mallers is the best ❤
Mailers is always a good listen
Great podcast guys! Always insightful to listen to Jack talk about the financial system and our kids future being robbed from them. #Bitcoin
this is the best video that I've come across. Where can I drop a donation to you??? you are a great fellow respect to you
Great interview!
Was this filmed before the Bitcoin conference?
Yes
YES!!!! Been waiting on this one for ages 😊😊
Peter, I’ve enjoyed your RUclips videos for a long time. You guys will be missed! Farewell!!
Thank you so much for this amazing video! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
best matching team Thanks for pushing the limits
Grazie 🔝💪🔝💪
What's the event on Saturday that jack is speaking about?
thank you much for your many ideas
Love it! first off, I want to say Thanks Peter and Jack, you guys ROCK! Secondly, i was privilaged to see Strike on the web 7 months ago. I started w/strike and whatever I can spare I got with strike. Not a lot... but like most average Joe taxpayers or with a wife and three kiddos I try. so I'm slowly getting there, but I'm 100% in on STRIKE and Jack aka "Mr.M"and bitcoin and I would love for Jack to implement strike within the construction industry, whoever strikes first⚔️⚔️⚔️. if that Mr. M isn't taken already, I want to make my first strike T-shirt Jack Mallers a.k.a. Mr. M could stand for a lot of things 🤩BCoin, Maller.. MO MONEY MO MONEY😂 it will be incredible if Mr. M could implement strike in the construction industry. I support you guys and I would do anything to educate the construction industry with STRIKE bitcoin Blockchain anyways thank you for all your hard work. I appreciate all of you guys be safe stay safe STRIKE 45:49 for life, baby.!!!!
PEACE
CM
Smiles;MILEZ 46:09
Great video guys, thanks!
Jack's average cost of Bitcoin is $5-$10. Game changer 😮
The reality is that the dollar will survive until the military no longer accepts it as payment.
And people continue to work in exchange of it
Or when the military understands who they are working for
Productivity->abundance->deflation->well being.
Thanks for the forecast! I need some advice: I'm using a SafePal wallet with USDT and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
E=mc2 is a simplified explanation of Energy, Mass and Movement... still freakin hard to understand... I am glad we getting out of explanation phase and we start seeing Apex Predator doing its work! ... though I love and enjoy your thoughts!
Hellllll ya!
Love me some Jack and WBD!
❤🎉
i am so excited about the things to come, I can't put it in words
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to Bitcoin ..
What is the Jack's @ in X?
mallers ur a beast! ill miss u so much guys!!!
Glad to hear Milei is reaching everyone 🇦🇷
What do you mean? You won't do the podcast anymore?
Banger episode
Larry Fink imposed a clean out of the backyard before he jumped on: blockfi, genesis, ftx, cz...he wanted all those guys out so he could jump into a clean yard where he could rule like he will. It is so evident and Jack nailed it when he described what crossed Larry's mind: 'yes, it is time now, let's go with etfs'. You need no more, that was 'the' signal
Great video. Thanks for all the proof of work you have done on WBD. Best of luck for you and Danny’s new endeavors. “I don’t give a Fuck ole man! “ Mallers is a baller.
Hey what is happening in Bedford in April. I am coming to Clapham for a birthday party early May.
Love Jack, Good luck Lads👍🇦🇺
Whats the problem with the bond market ?🤔
Innovation and improvements in Productivity also help. If you can do the same task more efficiently, say by using AI or robots, that would help counter inflation. Nonetheless, we do have massive amounts of global debt.
What’s happening Saturday?
This podcast is ending?
Jack is so ahead of his time!
The way I start conversations with people is in regards to The National Debt Clock. According to the clock (a few months ago), approximately every 11 minutes we are printing 21 million US dollars.
Jack almost gets IT, IT being Immutable Truth.
For Jack to get IT completely he would have to go back in time. He would have to go back to when Barter was just exchanging things between people for their own human reasons. Also, Jack would have to forget about mathematics. That's because at the time of Barter, numerousy was almost zero. In fact parity between those who used money and had numerousy was not reached until circa 1920 to 1950. That's not insignificant, it's thousands of years apart.
So on that trip back in time, Jack who have no mathematics and have to exchange what he knows as goods and serviced goods.
So without mathematics, the exchange of goods and serviced goods is just the Pure Empathy of all parties. The people who exchange between themselves and or in larger families or larger communities the person who has above zero mathematic capability. However, the person who had above zero mathematic ability had to be careful, if he/she didn't exchange Pure Human Empathy then there would be violence. Also, having an ability beyond others who had issues with them could point the finger of the devil or witchcraft or blasphemy.
So with that trip back in time, Jack would then know that humans exchange based upon Pure Human Empathy. The use of Money that took many many hundreds of years to become widespread, should just have been a way of creating a mathematical magic number that expressed that Pure Human Exchange of Empathy due to the different mathematical number of exchanges being the square of the goods being exchanged. Just 8 different goods being 64 different magic numbers of exchange.
I say magic, because people didn't have numeracy for thousands of years after Money was invented.
So Jack now realises that, multiple generations of people had lost the attachment of Pure Human Empathy being exchanged and had been provided with Money as an alternative.
We all know that Money has never been perfect.
But Jack now knows from his travel back in time, that Money never was able to replace that magic number of Pure Human Empathy exchange.
So does Jack get why Bitcoin is that magic number that exchanges Pure Human Empathy and is beyond what Money has and could never achieve?
Does Jack now get IT, the Immutable Truth that exchanges Pure Human Empathy as an unstoppable permissionless global human construct?
So while it is true that Money steals people's time, energy and intellect and that extends upon future generations. The more disturbing fact is that Money, even prior to Fiat Currency, was destroying the exchange of Pure Human Empathy from the beginning. When you look at various Religion's and even the American Constitution, you can see that this battle was misunderstood. If any Religion or the Founding Fathers had Bitcoin, things would have been very different.
As such, Bitcoin is better than a Constitution and or any Religion and obviously any form of Money too.
Bitcoin is Bitcoin, the wrestling of what that is and means is with you, being every individual on the planet without fear or favour, just not AI though cos that's a whole other derangement...
People could count bro
I don't think it really makes a huge difference to the base thesis, but I'm not sure what to do with Jack's finer points when he says things like "Janet Yellen is Jerome Powell's boss." It reveals a massive disconnect between pretense and reality. The US treasury and the Fed have been at war with each other for least 3 years now.. Fact is that there are waring factions in the US and I can't believe that this reality plays no role in what decisions are made - yet very few people in the Bitcoin space even talk about this.
imagine what happen if Jack Mallers talk with Michael Saylor 🤯🤯
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
Peter is an honorary American citizen
Unequivocal authenticity! ...he is a valuable asset to all in this space.
I always believe that Jack could be the leader for the young generation and Bitcoin would be the weapon with which they can fight for a better future. Bullish 🚀
‘What’s the best way to kill Bitcoin? Good government!”…Badass quote!
Serious question: when Bitcoin hits $1 million dollars, that would mean each Satoshi is worth 1 cent. The next step up would mean each Satoshi would be worth 2 cents but that would mean One Bitcoin would be worth $2 million USD. How does that work?
you skipped doing fractions of a cent. So after 1 sat is 1 cent, it might then be 1.000001 cent shortly after.
maller is ballin yo
my biggest quarrel still with all crypto (and i own more crypto than fiat right now) is that people still just see the value of all crypto in terms of fiat. so when btc finally does take off (or if) it does most people will still ultimately just cash it out for fiat again and we are essentially back where we started. until i can buy a cup of coffee and get through most mundane generic days by only using or spending btc or any other alt coin idk how we can keep pretending crypto holds all this value. its like having a big bar of gold in ur closet. even if that bar is worth a mill what good is it without ultimately selling it for cash or fiat? in that sense I just dont see it as currency "debasement". its value is still relative to fiat
im open to respectful responses to this. btc has been around for long enough now. the argument that "one day" that will be a reality doesn't seem as plausible to me anymore. we and we are still not really close to that reality. so not sure where that leaves us
also this dude looks like jack renna, the redhead kid from the sandlot, if he took ozempic
We in here. Can’t and this show!
Thanks
Preach brother
If the exit door isn’t big enough for everyone then how is btc supposed to be global money? They keep talking about how 8 billion need btc but they know it is only capable of servicing a tiny fraction of that. Make it make sense!
Can someone clarify: Jack says “I own 3 things, my house, my business and bitcoin. I don’t even own fiat?” I’m pro bitcoin for sure but still in the world we need fiat to purchase goods… does he not have a bank account at all… ?
Why doesn't Jack address other POW cryptos like kaspa and Litecoin.
No need, bitcoin has orders of magnitude more POW energy behind it compared to those altcoins. Why should anyone put money in one of those systems that has 100 times less POW security behind it?
Great points by Jack. Borrowing our future time