This Week in Startups: Bitcoin payments on the Lightning Network with Strike's Jack Mallers | E1462
Jason Calacanis 5/17/22 - Episode Page
First, we cover the news of Ex-Meta crypto chief David Marcus launching a Bitcoin payments startup backed by a16z & Paradigm (02:05). Then, Jack Mallers, the CEO of Strike joins (8:13) to discuss the lightning network & the history of payment networks (12:10), why companies use the Strike API (24:42), why he thinks Visa and Mastercard can't compete (31:24), Strike unlocking Bitcoin’s potential (34:40) and more!
(00:00) Jason and Molly tee up today’s show
(02:05) Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z & Paradigm
(08:13) Molly interviews Jack Mallers, CEO of Strike
(10:57) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
(12:10) The lightning network & the history of payment networks, how Strike disrupts them
(23:26) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(24:42) Use cases for Strike’s API
(30:070 Reforge - Apply for their next cohort at https://reforge.com/twist
(31:24) How do Strike fees compare to merchant fees from Visa, Mastercard, etc?
(34:40) Has Strike unlocked Bitcoin’s potential?
(41:12) What dominoes will fall before people get off dollars?
Check out Strike: https://www.strike.me
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FOLLOW Molly: https://twitter.com/mollywood