- Jack Mallers believes Bitcoin is vital for economic growth and long-term value creation.
- Post-election, Strike saw a 100% surge in Bitcoin purchases, reflecting user accumulation trends.
- Mallers also urged the U.S. to adopt a strategic Bitcoin reserve for innovation and debt recovery.
- He emphasized supporting U.S. crypto firms like Coinbase, Kraken, and Strike to strengthen the industry.
Jack Mallers, CEO of Strike, is making waves with his strong views on Bitcoin. In a recent interview, he laid out why Bitcoin is vital for individuals, corporations, and governments.
So, his insights revolved around Bitcoin’s growth, its potential as an asset, and its alignment with American values.
Bitcoin Purchases Doubled Post-Election
Mallers shared striking data on Bitcoin’s rising demand. So. he stated, “The day post-election, our business doubled. We saw 100% growth in Bitcoin purchases.” He highlighted that more than 90% of these purchases were moved off Strike’s platform for personal custody. So, according to Mallers, this behavior shows long-term accumulation rather than speculative trading.
Furthermore, he said, “Our customers are predominantly purchasing Bitcoin… not gambling on the short-term price.” Mallers emphasized that Bitcoin’s appeal lies in its ability to serve as a store of value rather than a speculative asset. Also, he added, “Bitcoiners are excited right now,” reflecting the optimism of Strike’s user base.
Why Bitcoin Liquidity Matters
Discussing Bitcoin’s liquidity, Mallers said, “What you want in a money or a store of value is you want it to be sellable… 24/7, 365 globally.”
Mallers praised financial innovations like Bitcoin ETFs, which enhance liquidity. So, he remarked, “All of these things are pro-liquidity, which enhances the profile for Bitcoin to be a better asset for governments, corporations, and individuals.” For Mallers, increased liquidity makes Bitcoin an even stronger contender as a global store of value.
The Case for a Strategic Bitcoin Reserve
Mallers proposed a bold idea that the U.S. should create a strategic Bitcoin reserve. So, he compared this potential decision to major economic announcements in history. “In 1971, the U.S. divorced itself from the gold standard. In 2025, if the U.S. has a big economic announcement, what is it?” He answered, “We’re pro-technology, pro-innovation.”
For Mallers, Bitcoin is a core American value like equal rights and open networks. “This is an asset that was accessible to the people 15 years ago, that the people own. Governments only own 2-4% of this asset,” he noted. Mallers believes Bitcoin could be the key to U.S. economic growth. “Does anyone else have a plan to get us out of debt?” he said.
“The Best Performing Asset in Mankind’s History”
Mallers pointed out Bitcoin’s historical performance, calling it the “best-performing asset in the history of mankind.” So, he urged people to stop worrying about being “late” to Bitcoin, saying, “Over the last 15 years, the best thing you could have done is buy Bitcoin. And I think that’s going to be true for the next 1,500 years.”
Additionally, Mallers criticized hesitation among policymakers and individuals, arguing that it could hinder the U.S. from leveraging Bitcoin’s potential. So, he stressed, “The worst thing we can do is not own enough.”
Support for American Crypto Businesses
Mallers also emphasized the importance of supporting U.S.-based cryptocurrency companies. So, he highlighted firms like Coinbase, Kraken, and Strike, saying, “Coinbase is an American company. Strike is an American company. Kraken is an American company. Let’s support these businesses. Let’s support this industry.”
Furthermore, he compared the market cap of the entire crypto ecosystem to NVIDIA, noting, “The market cap is less than NVIDIA for the entire crypto ecosystem. When does that become bigger? I think when people buy.”
Conclusion
Jack Mallers made it clear that Bitcoin is more than just an asset. It’s a movement that aligns with innovation, growth, and American ideals. So, his warning was stark: “The worst thing we can do is not own enough.”
Mallers’ vision for Bitcoin includes greater liquidity, strategic reserves, and government support for U.S.-based crypto companies. So, his message to individuals, corporations, and governments is consistent—embrace Bitcoin or risk missing out on the economic opportunities it offers.
Bloomberg Technology; Image status
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