Jack Mallers is a prodigy. He played a significant role in making Bitcoin legal tender in El Salvador, where remittances are now done for free via Strike, benefiting citizens in the country.
Jack is as much a technologist as he is a philosopher, so mature for a man this young.
NEW:🔥 Jack Mallers speaks on how #Bitcoin allows us to value our time on earth today instead of postponing it for the future
— Simply Bitcoin (@SimplyBitcoinTV) June 26, 2024
“Time as an asset is infinite, but my time isn’t. It’s the promise of Bitcoin, the fact that I have a money that’s fixed, that actually allows me to… pic.twitter.com/afP6XUo9pH
Born in Chicago, Illinois in 1994, Mallers comes from a family with a strong financial background—his grandfather chaired the Chicago Board of Trade, and his father founded a major futures brokerage in the city.
Despite initially attending college in New York, Mallers dropped out after a year to attend the Starter School in Chicago, where he honed his coding skills.
In 2017, Mallers recognized the potential of the Lightning Network (LN) for fast and easy transactions. He introduced Zap, a user-friendly non-custodial wallet that could make payments over the Lightning Network. Initially targeting cannabis dispensaries, Zap later pivoted and launched Olympus, a fiat-to-bitcoin on-ramp feature, making buying bitcoin and using the Lightning Network more accessible.
Note! Strike itself is available in the Philippines
If you use Strike in the Philippines, you can send pesos to it using your CoopPay wallet and it will show up in dollars in your Strike wallet.
Lightning is an open protocol, which both Strike and CoopPay use.
Lightning is a network on top of bitcoin network. Lightning makes instant payments cross-border anywhere in the world possible.
Visit the Coop BookShop
- Try CoopPay—the world’s first Lightning wallet for cooperatives—at Buy.coop, The Co-operative Exchange
- Support Chat.coop via the Lightning Address coop@pouch.ph or by using the online payment link https://app.pouch.ph/coop
