The bitcoiner instrumental to El Salvador’s announcement at last year’s conference waxed philosophical on Bitcoin’s role as a payments network.Read MoreFeedzy
Strike announced an integration with Shopify in a bid to help merchants receive bitcoin payments from customers in the form of U.S. dollars.
Speaking before a packed house at the Miami Beach Conference Center mainstage, Mallers, an ardent bitcoiner and Lightning Network advocate, said his “King’s gambit” would bring bitcoin back to its payments roots.
“If we can help make the Bitcoin network more accessible and usable we believe we can change the world,” he said. Leveraging Bitcoin for a cheap “payment network” is critical to that, he said, contrasting it with the “caviar-eating” history of boomer bank-issued credit cards that he said hasn’t innovated (beyond onboarding middlemen and their fees) in years.
“There’s not been since 1949 a superior payments network that allows us to innovate” for consumers, he claimed. “Let’s build the superior payments network from scratch.”
His lead-up laced in sarcasm, Mallers’ payoff was simple: Bitcoin’s Lightning Network “carries all the properties” for homegrown success.
Mallers also said Strike partnered with NCR, the world’s largest point-of-sale (POS) supplier.
This is a developing story and will be updated.
DISCLOSURE
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Bitcoin Magazine Eric Trump Confirmed As Speaker For Bitcoin 2026 Conference Bitcoin Magazine has confirmed…
Bitcoin Magazine Bitcoin’s Ownership Base is Maturing, Reducing Reliance on Retail: Analysts Bitcoin investors have…
“The wildest thing about my $1 million prediction is that it's not wild at all,”…
Wall Street broker Bernstein took note of an institutional ownership shift as behind bitcoin's resilience…
Gains came for crypto and stocks as tensions around the Strait of Hormuz appeared to…
Every few years, a chart pattern resurfaces in the Bitcoin market that commands serious attention…