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cover of episode BTC235: Jack Mallers on XXI (21) and Strike Borrowing and Lending (Bitcoin Podcast)

BTC235: Jack Mallers on XXI (21) and Strike Borrowing and Lending (Bitcoin Podcast)

2025/5/21
logo of podcast We Study Billionaires - The Investor’s Podcast Network

We Study Billionaires - The Investor’s Podcast Network

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J
Jack Mallers
J
Jared Ranere
P
Preston Pysh
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Jared Ranere: 我认为我们正经历着二战后货币秩序的瓦解,美国通过美元输出实力,但最终导致了不可持续的贸易逆差。现在,美国中产阶级空心化,贫富差距巨大。我认为比特币是一种非弹性中性储备资产,可以安全地存储和转移价值。美国的实际利率必须为负,才能维持经济运转。一些人对55/5/40或60/35/5投资组合感兴趣,并衡量比特币的夏普比率。我们正经历着货币时代的巨大转变。 Preston Pysh: 我认为美国通过优先印钞获得优势,但也导致就业外流和贸易逆差。MicroStrategy和21等公司意识到,过度膨胀的公共市场流动性即将爆发,他们正在利用这一点创造巨大的股东价值。

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Explore the launch of Twenty One Capital, its strategic ties with Tether, SoftBank, and Cantor Fitzgerald, and how it compares to MicroStrategy or ETFs. Plus, Strike’s bold leap into secure Bitcoin lending.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro 15:29 - How Twenty One Capital was formed and why now is the right time for a Bitcoin-native public company 17:16 - What SoftBank contributes beyond funding, including possible global Bitcoin adoption strategies 19:05 - How Twenty One differentiates itself from MicroStrategy and ETFs as a Bitcoin investment vehicle 19:55 - Why “Bitcoin Per Share” is used to track performance instead of traditional fiat metrics 27:31 - The ownership structure and governance dynamics between Tether, SoftBank, and other stakeholders 28:45 - Whether and how Strike and Twenty One will collaborate, and how CEO responsibilities are managed 31:26 - How the company navigates U.S. regulatory challenges, especially with Tether’s involvement 33:07 - The roadmap for Twenty One’s operational revenue beyond holding BTC 35:02 - The thinking behind Strike’s conservative Bitcoin-backed loans and their structure 35:40 - Lessons from the collapse of other crypto lenders and how Strike avoids similar risks 42:06 - The future of interest rates, accessibility, and transparency in Strike’s lending products 49:28 - Strike’s evolving role as a Bitcoin-native financial services platform – or neobank 51:54 - How both companies aim to promote financial sovereignty while balancing ease of use 57:05 - The biggest challenges on the horizon, from regulation to competition, and how they’ll be tackled

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

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